About Brown County, WI

Green Bay Wisconsin FHA Loan Limit changes for FY2012:

The Green Bay Wisconsin FHA loan limit for the FY2012 will be $271,050. That includes Oconto, Brown, and Kewaunee county parts of the city. The Green Bay Wisconsin FHA loan limit did not change from FY2011. I have included a small summary of larger Wisconsin FHA loan limits. Please see below.

These are the Wisconsin FHA loan limits:

As you can see most common Wisconsin FHA Loan Limit is $271,050. The loan limit rises if you purchase an owner-occupied property with multi-units up to four. Call me at 920-623-9242 or email me at fpabon@wi-mortgage.com for more information.

It may be the best time ever to buy in the Cape Cod of the Midwest--Door County! We are a two hour drive from the Fox Valley, three hours from Milwaukee suburbs and Madison, and if you leave work in Chicago you can be here in time for a nine p.m. dinner.

We are a secondary market with one primary city, a small MLS Board, and we have seen some drastic highs and lows over the past three years. People certainly aren't giving away homes in this area, but over the past week I saw a hotel condominium (1 bedroom/1 bath) listed for $8,000.00. That's....a steal. In a resort that may generate income, has indoor and outdoor amenities. I had two associates put in immediate bids. Happy holidays to whomever gets that fantastic deal!

However, there are so many more opportunities here, in Fish Creek, Ephraim, Sister Bay, Ellison Bay and throughout the Door. Thanksgiving saw me discussing homeownership with two friends and some family. All had refinanced in the past six months.

Please keep the positive in home ownership this holiday season, despite the overwhelming focus on the negative the media sometimes portrays. It's definitely a great time to be a buyer for a first or second home, or to be securing vacant land for a future dream home.

Kaley is a recently divorced woman looking for a Green Bay Wisconsin refinance. Kaley was divorced about 2 months ago and was awarded the home in the divorce settlement provided she pays her husband his share of the equity in the home. Kaley just wanted to move past the divorce and get this transaction done as quickly as possible. They had been married for about 15 years and had never refinanced since they purchased the home. The current interest rate was at 7.5% and had built enough equity to provide the $20,000 to the ex husband.

Kaley’s goals were easy to identify. She simply wanted to pay off the ex husband with this Green Bay Wisconsin refinance and also attempt to lower her payments because there was only one income at this point. It was imperative to her to take the former husband’s name off the title and just wanted to lower the Green Bay Wisconsin mortgage interest rate.

There was a lot of equity in the home and Kaley had very good credit. She had been on her job for the entire marriage and had also acquired a very nice 401K reserve account. She also received child support income but was not necessary to utilize for approving this loan.

WI-Mortgage.com successfully closed this Green Bay Wisconsin mortgage refinance. The former husband received his $20,000 and was removed from the property title. Additionally, WI-Mortgage.com was able to actually lower her payment and extending the term to 20 years! It was a “win-win” for both parties. She got a lower payment on her Green Bay Wisconsin Mortgage and his name off the title, while the former husband received his money.

WI-Mortgage.com was able to accomplish all the stated goals of the Green Bay, Wisconsin refinance by getting all the required documentation up front, maintaining contact with the former husband and his attorney, and getting cooperation of everyone involved to make this a smooth transaction.

In only 15 days, WI-Mortgage.com was able to provide Kaley an outstanding Green Bay Wisconsin mortgage that allowed her to pay her ex-husband $20,000 and to lower her payment and only extend the term by 5 years!

If you are ready to start the process for your Green Bay Wisconsin home purchase or get a great Green Bay Wisconsin refinance mortgage please call me at 920-623-9245 or visit my site: frankpabon.com or WI-Mortgage.com!

Brown County WI Multi-Family Investment Real Estate Market Report

Brown County WI Multi-Family Investment Real Estate Market Report

If you are looking to purchase a multi-family or investment property in Brown County WI give us a call.

This representation is based in whole or in part on data supplied by the REALTORS® Association of Northeast Wisconsin or its MLS for the period noted above. Neither the Association nor its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the above MLS market areas.