About Oconomowoc's Short Sales In Waukesha County

Tom Braatz | Re/Max | (262) 377-1459 1366 Waters Edge Dr, Oconomowoc, WI Amazing Newer Colonial with beautiful wildlife and pond views 4BR/2+1BA Single Family House offered at $259,900 Year Built 2007 Sq Footage 2,600 Bedrooms 4 Bathrooms 2 full, 1 partial Floors 2 Parking 3 Car garage Lot Size .386 acres HOA/Maint $0 per month DESCRIPTION Beautiful Newer 4 bedroom Colonial with lots of pluses.Come out to a wonderful and quiet country setting yet only minutes from Oconomowoc proper. Home has an amazing view of pond in rear yard. Very private setting off back. Large newer deck, appliances,Great room with fireplace, large kitchen with florida/sunroom off kithen. Well landscaped yard. Subdivision and homes are all newer, and country setting close to all city conveniences. 3 car attached garage see additional photos below PROPERTY FEATURES - Central A/C - Central heat - Fireplace - High/Vaulted ceiling - Walk-in closet - Hardwood floor - Family room - Living room - Office/Den - Dining room - Breakfast nook - Dishwasher - Refrigerator - Stove/Oven - Microwave - Basement - Laundry area - inside - Balcony, Deck, or Patio - Yard OTHER SPECIAL FEATURES - Super Pond views - Newer Subdivision - Very well appointed home ADDITIONAL PHOTOS Photo 1 Photo 2 Photo 3 Photo 4 Photo 5 Photo 6 Photo 7 Photo 8 Photo 9 Photo 10 Photo 11 Photo 12 Photo 13 Photo 14 Contact info: Tom Braatz Re/Max (262) 377-1459 For sale by agent/broker Equal Opportunity Housing Posted: Feb 12, 2012, 2:26pm PST

Have a productive day and I will see you at closing!

tom braatz

Oconomowoc Wisconsin Real Estate,or any Waukesha County Real Estate or LakeCountry Real Estate Email me at tom@tombraatz.com or call directly at 262-377-1459 What's my home worth? Market Analysis Want that perfect home? Dream Home Finder The MLS,on-line info,& more: www.buyingvip.com

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The phrase that strikes fear in many realtor's hearts is the detail on the MLS sheet "Short Sale". In the Waukesha County Real Estate Market we at the Stas Team deal with Short Sales every day. I have worked on all sides of Short sales. Buyer, seller, HAFA, COOP, big bank, small bank, early and late. No matter how the buyer finds a short sale there is one consistent theme--Please be patient.

Short sale is a real alternative for families who have fallen behind in their ability to pay for their home. Whether the distress is caused by job loss, divorce, overwhelming debt or health problems, Short sales can save a family from a judgment of foreclosure that will follow them for years and years. It also allows the homeowner to walk away from their debt and start a fresh without burdensome realty costs, closing costs and repairs.

Take some advice from Michael Smith. The price for the benefit is patience and diligence. Sellers have to establish their financial hardship--they do this by providing an exhaustive profile of documentation. Buyers have to offer a reasonable (for this Market) price for the purchase. Agents have to follow strict processes to assure the investors and banks will play ball. All involved have to remember that 1-3 homes on the market are distressed. As such the lenders are in no rush to deal with my short sale. 3 tips for success are

1. Present a complete picture--Document the need, the value, and the offer to minimize confusion.

2. Be tenacious as you market and present deals. You are the only one that thinks your deal is critical--Your a salesman--sell the bank!

3. Under promise and over deliver--Less than half of short sale offers get to closing--don't make your sellers think it is easy or your buyers think it will be quick. Give both a clear picture of what to expect.

There is no quick fixes with short sales, but they can when done well give buyers and sellers a shot in the arm!