Saturday, March 5, 2016

Watertown, WI Housing Market

Summary Statistics

Statistics For Entire MLS
As of Wednesday, March 2, 2016 12:21:23 Noon
From 11/2/2015 to 3/2/2016
Search Parameters: Property types Single-Family, Two-Family, Vacant Land, Multi-Family, Bus Opportunity, Condominium, Comm/Industrial; Status of 'Active', 'Sold'; Sold Date between '11/2/2015' and '3/2/2016'; County of 'Dodge', 'Jefferson'; Municipality of 'Watertown'; Association of Metro MLS.

 TotalTotal List VolumeMedian List PriceAverage List PriceDOMCDOMTotal Sold VolumeMedian Sold PriceAverage Sold PriceSP/LPSP/OLP
Temp Off Market0$0$0$000     
Back On Market24$3,909,700$147,500$162,9041638     
Active In Range212$29,879,579$125,700$140,941266443     
Current Active212$29,879,579$125,700$140,941266443     

Information is deemed to be reliable, but is not guaranteed. See copyright notice.

Friday, March 4, 2016

A Home Buyer's To-Do List to ensure a smooth closing!

Home Buyer To-Do List
1.       Get pre-approved by a lender.  Ask your Realtor for suggestions. Not all Lenders are the same and they can direct you to a lender that will offer you the best loan program for your needs and ensure your loan process goes smoothly.
2.      Lender will need the following items, have them prepared ahead of time.  (Do not give them in piece mail!)
·         *Last 2 Years 1040’s and W2’s
·         *Last 2 Check stubs
·         *Proof of assets via last 2 statements.  All pages, even if blank. So, if your statement says 1 of 6 pages you need all 6 pages.
·         *If applies, Award letters for social security income and/or pension
·         *If applies, VA loans Certificate of Eligibility and DD 214 form .  Go to:

3.      Have Lender send your Pre-approval letter directly to your Realtor prior to looking at homes.  Communication between lender and realtor is vital and especially important prior to writing an offer.  Some homes you may select may not qualify for a loan based on condition of property.  Your Realtor will guide you.  

4.      Once you have an accepted offer: (Your Realtor will Guide you through this next step based on your contract.) Be Prepared to:
·          Submit earnest money check (this gets deposited usually within 3-5 days from accepted offer.)
·          Schedule home inspection, usually within 10-15 days of excepted offer. Your Realtor is an excellent resource for suggesting a good qualified inspector.
·         Submit contract and proper documents to your Lender. (i.e. OTP, MLS Listing and tax info.) A good realtor will do this for you. 

·         Once your Lender has all the appropriate paperwork and signed documents they will start processing your loan. It’s important you are diligent and do this promptly. Time is of the essence.


5.        Appraisal to be ordered through Lender, this will be an immediate cost to you of approx. $450-$650.

6. Out of pocket costs to be prepared for! Even though you may have a 100% financing you still have some out of pocket costs. Meaning, you need to have available cash to pay for:

Earnest Money= whatever you state in OTP
Home Inspection= $400 (approx.)
Radon Test= $125(approx.)
Appraisal= $450-$650(approx.)
Homeowners insurance= 1 yr premium $475-$750(approx.)

7.      Lender will send your Realtor copy of appraisal in order to satisfy the appraisal contingency in OTP.
8.      Lender will send Realtor Loan Commitment Letter by deadline in OTP.
9.      Once loan is approved closing is scheduled.  You will get keys and ownership at Closing!!  Congratulations!
10.  During the loan processing time you should get prepared to move.  Aside from the many things your lender will ask for and need, you will also need to remember to call or mark arrangements for…

·         Wisconsin Electric
·         Cable
·         Movers
·         Schools/ daycare
·         Utility company for your area if different from WE Energies
·         Forward Mail and change of address
·         Doctors/Pediatrician in area
Buying your new home should be exciting and not stressful.  A big part of that is being prepared and knowing the process and what is expected.  A good Realtor will guide you through this process, every step of the way!

Looking for a good Realtor that will help you through the process?  Call Jodi Toebe, RE/MAX Realty Center 262-352-0484!

Wednesday, March 2, 2016

Pewaukee Lake, WI A great place to spend the day!

Pewaukee Lake, Wisconsin, USA

Add to my ‘Favorite Lakes’ on Lakelubbers   

Named from the Potawatomi word "Pee-wauk-ee-wee-nick" for "lake of shells," Pewaukee Lake is a beautiful spring-fed lake. Just 20 miles from Milwaukee in Waukesha County, it is a great place to boat, swim and fish and an easy weekend getaway.

In 1838 Asa Clark built a dam and sawmill on the Pewaukee River. The dam flooded a wetland and the existing Snail Lake joining the two bodies of water into Pewaukee Lake. Although the two bodies of water became one, they still maintain different climates and characteristics. The eastern basin of Pewaukee Lake is the flooded wetland with a maximum dept of only ten feet. The western basin is what was Snail Lake. With a maximum depth of 45 feet, it is much more like a deep water lake.

Map Data
Map data ©2016 Google
Map DataMap data ©2016 Google
Map data ©2016 Google
The Village of Pewaukee rebuilt the Pewaukee Dam in 1976 for recreation, and there is plenty of it on Pewaukee Lake. The lake has been a popular resort destination since 1901, and the Pewaukee Lake Yacht Club has been active for 112 years. The Yacht Club is still active, and Pewaukee Lake is a very popular sailing lake. Boating opportunities don't end there, however, there is power boating, jet skiing, and water skiing. The Pewaukee Lake Ski Club performs on the lake most summer weekends and their free shows are great entertainment for the entire family. A lot of the lake's shore is still wooded and there are three islands - perfect to explore by canoe or kayak. With its sandy beach, Pewaukee Lake Front Beach is a great place to swim.

Water quality on Pewaukee Lake used to tend toward eutrophic. With careful management the lake has come back to a mesotrophic state making it a great place for fish. Anglers will find abundant populations of bluegill, northern pike, walleye, and large mouth bass. There are also muskie and tiger muskie. After a day of fishing or boating, there are several restaurants and taverns with boat access. In the winter the ice fishing is exceptional and there is ice boating and snow mobiling on the lake.

Accommodations around the lake range from cottages to resorts. The Village of Pewaukee Lake is large enough to have any amenities a visitor could want, but it retains its small town charm. Less than forty miles away, 32,000 acre Horicon Marsh is the largest freshwater cattail marsh in the United States. It has both a State and National Wildlife Refuge and is a fantastic place to hike, bike, hunt, fish, and bird watch.

Just a few miles from Pewaukee Lake, the Kettle Moraine State Park is a great place to explore. The 20,000 acre park includes the 3,500 acre Scuppernong River Habitat Area. There are also three restored log cabins, and America's largest outdoor museum of rural life. The state park has plenty of trails for hiking and biking and several camping areas.

With its proximity to Milwaukee and all the amenities of the Village of Pewaukee Lake there is sure to be something to delight everyone. Add the abundant fishing, boating, and beautiful water and Pewaukee Lake is sure to become a favorite Wisconsin destination.

For home in the Pewaukee, WI area call Jodi Toebe RE/Max Realty Center.

Tuesday, March 1, 2016

10 Delicious Wisconsin Burger Joints 2015

Posted in Wisconsin May 20, 2015 by 

If you’re looking for a nice, juicy hamburger to sink your teeth in, you should head over to Wisconsin.  Like yesterday.  Because not only did we invent the hamburger (really, we did), but we perfected it.  Here are the top ten places to grab a hamburger in Wisconsin.

So see, we’re not just America’s Dairyland–we’re also America’s Burgerland.  What are some of your favorite hamburger joints that didn’t make the cut?  Let us know in the comments.

Mention this Blog and list with Jodi Toebe Re/max Realty Center and she'll treat you to a FREE burger!