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Mythbusting with Rock Realty · Ask The Experts

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Speaker 1: A thirty four thirteen ten Wi b A and ask
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Speaker 1: the experts. Brought you by Rock Realty Online, Rockwisconsin dot com.
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Speaker 1: That's r O c K Wisconsin dot com. There's alf
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Speaker 1: A number six oh eight six seven three fifty four hundred.
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Speaker 1: That's six oh eight six seven three fifty four hundred.
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Speaker 1: Joined in studio this morning by mister Matt Hetman with
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Speaker 1: Rock Realty. Matt, how you been man?
0:21
Speaker 2: Been good?
0:21
Speaker 1: How about you, Sean? I'm doing fantastic. Great to see you.
0:24
Speaker 1: I've got out to do any golfing recently, you know,
0:27
Speaker 1: off and on here.
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Speaker 2: Often as as most people would like, but more than.
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Speaker 1: Does does the does that Hayes in the air effect anything?
0:36
Speaker 1: As far as I think of, I'm not a golfer,
0:39
Speaker 1: to quote the line of the Big Lebowski, obviously you're
0:42
Speaker 1: not a golfer when you're using you got those little
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Speaker 1: scopes for distance and things. Does that uh, does that
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Speaker 1: Hayes here that affected?
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Speaker 2: I mean it was a little hard to see the
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Speaker 2: white ball though in the in the air.
0:52
Speaker 1: Gets up there sound through. Have you seen the new
0:55
Speaker 1: Happy Gilmour movie? I did it.
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Speaker 2: I liked the cameos. I felt like the movie itself,
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Speaker 2: was like, yeah, well a little subpar, but you know,
1:02
Speaker 2: it's what you kind of come to expect.
1:03
Speaker 1: Some nice fun there. By the way, John Daily, do
1:08
Speaker 1: you like his his his cameos?
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Speaker 2: That was good.
1:10
Speaker 1: Yeah, that was probably one of the better parts. I thought.
1:12
Speaker 1: That's great. We've got a lot of fun stuff to
1:15
Speaker 1: talk about this week. We're going to be following our
1:17
Speaker 1: trend of dispelling myths, and we're going to talk specifically
1:20
Speaker 1: when it comes to real estate. There's a lot of
1:23
Speaker 1: information out there, and to be quite frank, a lot
1:25
Speaker 1: of really bad information that unfortunately has prevented a lot
1:28
Speaker 1: of folks from from taking action. And whether whether move
1:32
Speaker 1: up buyer or somebody looking to be a first time
1:34
Speaker 1: home buyer, and other things you need to realize when
1:37
Speaker 1: it comes to listing a home and some of those
1:39
Speaker 1: myths out there. But before we get to this week's
1:41
Speaker 1: conversation on myths, let's talk about this week's featured listing.
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Speaker 1: A beautiful, beautiful house right on Weston Drive at six
1:51
Speaker 1: sixty four to thirteen Weston Drive, right here in Madison.
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Speaker 1: I was looking at this house yesterday and then I
1:58
Speaker 1: had to go back and look this morning because it
2:00
Speaker 1: is a really really great home and a really nice neighborhood,
2:03
Speaker 1: a great area, and it's really got you think about
2:06
Speaker 1: like houses that check all the boxes. This one really
2:09
Speaker 1: does just that. Matt, Yeah, I agree.
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Speaker 2: I mean, if you're kind of looking for that ideal layout,
2:15
Speaker 2: and you know, if you were to make a cookie
2:18
Speaker 2: cutter of a house that everybody's kind of attracted to,
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Speaker 2: it's your three bedroom, your two bath, your two car
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Speaker 2: garage house, right, and you know, a finished lower level, right,
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Speaker 2: And that's exactly what this is. You know, it's listed
2:30
Speaker 2: for four hundred and nineteen nine hundred, which is you know,
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Speaker 2: pretty reasonable these days to be in Madison, the kind
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Speaker 2: of the near west side of Madison, southwest side. And yeah,
2:38
Speaker 2: it's a great it's a great, great property. I like
2:43
Speaker 2: the vaulted ceilings in the kitchen, yes, the fact that
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Speaker 2: they kind of did that popular two toned cabinet style, yeah,
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Speaker 2: where you have the lower cabinets painted different than the uppers.
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Speaker 1: So there's a lot to like about it. It's really nice.
2:55
Speaker 1: You mentioned that that finished lower level as well, and
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Speaker 1: you know, I was, as meta fact, complete honesty. Right now,
3:02
Speaker 1: I'm scoring with the pictures now, just looking at what
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Speaker 1: a beautiful house. It is. And one of the things
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Speaker 1: that that I love about that finished lower level is
3:09
Speaker 1: there seems to be a bunch of on on the
3:10
Speaker 1: main level, a lot of different areas for sitting and
3:14
Speaker 1: kind of gathering. But then you've got this this really
3:17
Speaker 1: really well done lower area, and I think, what a
3:20
Speaker 1: perfect place, you know, mom and dad or just dad
3:22
Speaker 1: to sit down, watch some watch some football and just
3:25
Speaker 1: kind of escape that that that type of thing so
3:28
Speaker 1: really cool. Also a really cool uh and again this
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Speaker 1: is this is up to the future owner of this house.
3:33
Speaker 1: This could be you. The current owners have a really nice,
3:36
Speaker 1: nice little office space down there. Looks like maybe a
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Speaker 1: bit of a gamer.
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Speaker 2: Yeah right, yeah, no, I I liked that, you know,
3:43
Speaker 2: having a little privacy in the basement with the office space.
3:45
Speaker 2: And then also you've got the bathroom downstairs, so you
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Speaker 2: don't have to head back upstairs, you know.
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Speaker 1: Maybe rining it off before studio there.
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Speaker 2: If you have a teenager, you just sa you'll never
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Speaker 2: see upstairs again.
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Speaker 1: How great is that? So when they're jumping around too,
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Speaker 1: you don't have to don't have to have some real
4:02
Speaker 1: quick too, match I was I want to ask also,
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Speaker 1: as we're kind of going through this house in particular,
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Speaker 1: and of course this week's featured listing. The agent on
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Speaker 1: it is Jason Allen is teleph number six, So eight
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Speaker 1: five one six seventy one fifty. That's five one six
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Speaker 1: seventy one fifty for Jason Allen. You definitely want to
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Speaker 1: check out this three bedroom, two bath home right here
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Speaker 1: at Madison. Some of that space I had said earlier,
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Speaker 1: they're using it as an office. You could use it
4:26
Speaker 1: for something else. That's a great feature for homes. I
4:29
Speaker 1: think that with the term like flex space or or
4:31
Speaker 1: something like that, where it's makes a great office, makes
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Speaker 1: a great additional bedroom, it makes a great craft room,
4:37
Speaker 1: or it makes if you know, I know a lot
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Speaker 1: of folks are very good at this multipurpose room as well,
4:41
Speaker 1: whether it's you know, guest bedroom when they're there, otherwise
4:44
Speaker 1: it's a home office. That type of that type of
4:46
Speaker 1: space is really desirable, isn't it. Yeah, it's always good
4:48
Speaker 1: to have the option.
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Speaker 2: You know. There's even some people out here out there
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Speaker 2: that use it for workout areas in rooms.
4:53
Speaker 1: Yeah, that's what I hear, or hanging their clothes on.
4:56
Speaker 1: It's really good. Squarecount areas turn out to be talking
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Speaker 1: this morning with that high. But of course Matt comes
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Speaker 1: to us from Rockrealty Online Rock Wisconsin dot com. That's
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Speaker 1: Rock r Ock Wisconsin dot com again to see this
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Speaker 1: house and Weston on Weston Drive here in Madison. I
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Speaker 1: give Jason a call this morning. His telephone number six
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Speaker 1: so eight five one six seventy one fifty. It's five
5:15
Speaker 1: to one, six seventy one fifty. So we're talking myths
5:18
Speaker 1: this week. And I still remember when I was in
5:21
Speaker 1: like middle school or high school, at a friend of
5:24
Speaker 1: mine who was very like, very eager, was ready to
5:27
Speaker 1: kind of start life, and he always had this dream
5:29
Speaker 1: of owning apartments. And he always used to tell me, like,
5:32
Speaker 1: you need to have twenty percent down, got to save
5:34
Speaker 1: up that twenty percent, which, by the way, if you're
5:35
Speaker 1: thirteen thinking about saving twenty percent on a on a
5:38
Speaker 1: on a home purchase, you are way ahead of the
5:41
Speaker 1: ahead of the crew. And I hate to break it
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Speaker 1: to you, but that's not entirely true, is it? That
5:46
Speaker 1: twenty percent? Yeah, No, it's.
5:48
Speaker 2: Obviously it's ideal. Right, if you can do that, fantastic. Yeah,
5:52
Speaker 2: My nineteen year olds just can't stop thinking about getting
5:56
Speaker 2: your first house. Oh, you're nineteen, it's you know, that's fine,
5:59
Speaker 2: you know, but yeah, but no twenty percent. You know,
6:02
Speaker 2: it's it gives you options, but there are other options. Right,
6:05
Speaker 2: You've got fha is out there, and that's probably the
6:09
Speaker 2: loan that most people have heard of, a government kind
6:12
Speaker 2: of back to loan that allows you to put three
6:15
Speaker 2: and a half percent down. Right, you can get some
6:18
Speaker 2: conventional financing for as little as three percent down. You'll
6:21
Speaker 2: need to have a good credit score and not have
6:24
Speaker 2: too many car loans out there, So keep that in mind, guys.
6:26
Speaker 2: Keep those those monthly payments low and you'll be able
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Speaker 2: to maybe get a lower down payment. And some of
6:33
Speaker 2: the you know, less popular known loans are going to
6:36
Speaker 2: be a USD A loan and that's a rural loan
6:39
Speaker 2: that was set up. It used to cover quite a
6:41
Speaker 2: bit more of Wisconsin, but there are still some outlying
6:45
Speaker 2: areas around Dane County that you can use this and
6:49
Speaker 2: that's zero percent down.
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Speaker 1: Wow, yeah, I think we may have used that initially,
6:54
Speaker 1: used that on our home. Zero percent down. I think
6:55
Speaker 1: it was like the interest you'd think, well, you're not
6:58
Speaker 1: putting You're you're gonna make up for it on entry
7:00
Speaker 1: and that was if again, I don't remember the exact
7:02
Speaker 1: whatever we used. It was crazy because I think we did.
7:05
Speaker 1: We obviously put some down anyway, but like the rates
7:08
Speaker 1: were pretty advantaged by the way. When we talk about
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Speaker 1: this and you don't necessarily need that twenty percent down
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Speaker 1: and we talk about these different programs and opportunities out there,
7:16
Speaker 1: is that something too, I know we've talked with folks
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Speaker 1: that are on the mortgage side of things, and of
7:20
Speaker 1: course we've had other agents as well from Rock Realty.
7:23
Speaker 1: And is that something you really want to work with
7:25
Speaker 1: your agent closely and your lender about. Is what is
7:28
Speaker 1: available When you mentioned like USDA there are restrictions to
7:31
Speaker 1: specific lots, that's something you definitely want to be talking
7:34
Speaker 1: with your agent about it.
7:34
Speaker 2: Yeah, absolutely, And you know agent can actually look up
7:37
Speaker 2: addresses on the map that's on the USDA site or
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Speaker 2: you can and you can find out if it qualifies.
7:43
Speaker 1: And you know, for people that can qualify for a VA.
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Speaker 2: Loan, that's awesome. That's an awesome loan. You know, that's
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Speaker 2: also a zero down option. And it's not just you know,
7:52
Speaker 2: the service members, sometimes the family can qualify too. So
7:56
Speaker 2: and then homegrown loan, right here in Wisconsin is the
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Speaker 2: WEED program. It stands for Wisconsin Housing and Economic Economic
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Speaker 2: Development Authority, and that one you can have some assistance
8:08
Speaker 2: as well. They'll even help help you with your down
8:11
Speaker 2: payment to get you in a house. And that's that's
8:13
Speaker 2: a neat programmer as well. I think it's it's important
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Speaker 2: to know that you know, you don't have to be
8:18
Speaker 2: a first time home buyer to qualify for most of these.
8:20
Speaker 2: A lot of people think that if it's a low
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Speaker 2: down payment, it's because you're a first time home buyer,
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Speaker 2: and that's not the case.
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Speaker 1: Oh, that is great to hear. As we talked this
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Speaker 1: morning with Matt Heyman at Rockrealty Online Rock Wisconsin dot
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Speaker 1: com that's our o c K Wisconsin dot com doing
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Speaker 1: some myth bustings when it comes to real estate. And
8:36
Speaker 1: as we're getting later in the summer here, the thing
8:38
Speaker 1: you always hear is on people, I'm gonna hold off
8:41
Speaker 1: until spring to list not the best idea always, is it? Not?
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Speaker 2: Always?
8:45
Speaker 1: Yeah?
8:45
Speaker 2: I mean in general, you know, your March through June
8:49
Speaker 2: months are are really busy, right and as a buyer,
8:54
Speaker 2: you know, the good news is you'll have lots of
8:56
Speaker 2: listings to choose from The bad news is you're going
8:58
Speaker 2: to have everybody out and shopping. The minute the snow
9:03
Speaker 2: thaws and the ice and the ice melts, all the
9:06
Speaker 2: buyers come out, so you'll be competing. You know, sometimes
9:09
Speaker 2: you may even have to go over asking price. All
9:11
Speaker 2: depends on the situation. So if you're able to shop
9:14
Speaker 2: as a buyer, you know, in the fall or winter months,
9:17
Speaker 2: you have a much better chance of getting a pretty
9:21
Speaker 2: decent deal in a house. And as a seller, just
9:23
Speaker 2: remember that that also means there's more listings that people
9:26
Speaker 2: can choose from. Right, So if there's a listing out
9:28
Speaker 2: there that's more updated than yours and it's only maybe
9:31
Speaker 2: listed for five thousand more, it's possible that buyers are
9:34
Speaker 2: choosing that one versus if you're a seller and you're
9:37
Speaker 2: selling in the fall or the winter, you might be
9:40
Speaker 2: the best option at that price point and you might
9:42
Speaker 2: even get competing offers.
9:44
Speaker 1: The other thing too, you think about somebody that is
9:46
Speaker 1: that is if they're if they are out like potential buyers,
9:49
Speaker 1: if they're out fall winter months, they're generally really you know,
9:53
Speaker 1: these are not look you lose and I know for
9:55
Speaker 1: a lot of folks, you know, when it comes to
9:56
Speaker 1: listing your house. One of those kind of stressful things
9:59
Speaker 1: is there's a show or there's you know, an open house,
10:02
Speaker 1: those type of things that could be stressful if if
10:04
Speaker 1: you're doing this during some of those some of those
10:06
Speaker 1: I don't know if you gonna even call them off months,
10:08
Speaker 1: those months outside of spring and summer. The people that
10:11
Speaker 1: are you're gonna have maybe fewer showings. But those folks
10:14
Speaker 1: that are coming, they're there for a reason. They're not
10:16
Speaker 1: there to mess around, are they.
10:18
Speaker 2: No, that's a really good point. And that's what we see,
10:20
Speaker 2: you know, you're in and year out is uh, you
10:22
Speaker 2: know the tire kickers do come out in the spring,
10:24
Speaker 2: right after being cooped up in their their apartment or
10:27
Speaker 2: where after their parents' basement. Yes, you know, and people
10:31
Speaker 2: that are willing to you know, brave the cold weather,
10:34
Speaker 2: let's say, over the winter, are very serious, right and
10:36
Speaker 2: they're they're out there because they want to buy a house,
10:38
Speaker 2: and they're out there because they've already gone through a
10:40
Speaker 2: preapproval and they're not just doing it for fun. And uh, yeah,
10:44
Speaker 2: that's a good point.
10:45
Speaker 1: It's always a great time. Again, what time that's right
10:47
Speaker 1: for you is always the best time. For it's a
10:49
Speaker 1: great day. Pick a phone, give a call it Rock
10:51
Speaker 1: Realty six oh eight six seven three fifty four hundred.
10:53
Speaker 1: That's six oh eight six seven three fifty four hundred.
10:56
Speaker 1: You don't have to wait till spring the list. You
10:57
Speaker 1: don't have to wait until spring to start looking at
10:59
Speaker 1: a great time to do that. If you are looking
11:01
Speaker 1: to buy, you're looking to sell, you're looking to do
11:03
Speaker 1: any of that, any of those transactions. They'd love to
11:06
Speaker 1: talk with you at Rock Realty. Talking this morning with
11:08
Speaker 1: Matt Heypeman of Rock Realty about some of the myths
11:10
Speaker 1: when it comes to real estate. On this one here, Matt,
11:14
Speaker 1: I think, gosh, I'm out of arms reach from you.
11:16
Speaker 1: You don't need an agent, Matt, you don't need you,
11:18
Speaker 1: just I just use still.
11:20
Speaker 2: Yeah, yeah, Yeah. It's the most complex one of them,
11:24
Speaker 2: one of the most is the most complex transactions you're
11:27
Speaker 2: going to go through, and also probably the largest purchase
11:31
Speaker 2: that you're going to make, right and it's it's just
11:33
Speaker 2: so important to have somebody representing you on your side,
11:37
Speaker 2: to know that there's protections that need to be put
11:40
Speaker 2: there in there for you, or to kind of know
11:42
Speaker 2: what to do in a particular situation if issues do
11:46
Speaker 2: come up, and issues often come up, whether or not
11:49
Speaker 2: you know you've had experience as a buyer or you're
11:52
Speaker 2: working with a very experienced agent, doesn't mean that issues
11:56
Speaker 2: aren't going to happen. And it's just it's really important
11:59
Speaker 2: to have someone rep presenting you going through, pointing out
12:02
Speaker 2: the potential problems, potential liabilities, things that can come up,
12:08
Speaker 2: and making sure you're protected. So having a realtor having
12:11
Speaker 2: a real estate agent, it's very important.
12:13
Speaker 1: You think about the biggest purchase or the biggest sale
12:15
Speaker 1: you're ever going to make in your life. Having having somebody,
12:19
Speaker 1: I mean, that's somebody that knows the landscape and knows
12:22
Speaker 1: what's going on. When I think sometimes if people kind
12:25
Speaker 1: of phrase you know, you kind of phrase it that way,
12:27
Speaker 1: I think for a lot of folks, you're like, oh, yes,
12:29
Speaker 1: that makes sense. It's like we're talking a lot of money.
12:32
Speaker 1: It's it's something that's going to be you know, you're
12:35
Speaker 1: buying a home, you're spent making that big purchase. It's
12:38
Speaker 1: something that that you're going to want that's going to
12:39
Speaker 1: be perfect for you, not just this year, but for
12:42
Speaker 1: years and years and years to come. And they think
12:44
Speaker 1: about the value of working with an agent you mentioned too,
12:47
Speaker 1: man being able to see things and spot things, and
12:49
Speaker 1: of course putting putting together a bit of a team
12:51
Speaker 1: around you, and on whether it comes to mortgage, you know,
12:54
Speaker 1: finding a lender, finding you know, finding a good inspector,
12:57
Speaker 1: those type of things as well. So a really great
13:00
Speaker 1: you when it comes to working with a great agent.
13:02
Speaker 1: Speaking of fantastic agents, the folks Rockrealty, they are here
13:05
Speaker 1: for you this morning. I hope you have a chance
13:06
Speaker 1: to check on out. Check on out over at rock
13:10
Speaker 1: Wisconsin dot com. That's our ock Wisconsin dot com. Great
13:13
Speaker 1: website to peruse some great listings. Also, if you're looking
13:16
Speaker 1: to list yourself, don't forget about Rocklistings dot com. You
13:19
Speaker 1: can get some great details there about some fantastic specials
13:22
Speaker 1: going on at Rockrealty. Again their website, Rock Wisconsin dot com.
13:25
Speaker 1: Tel for number six oh eight six seven three fifty
13:27
Speaker 1: four hundred. That's six' so eight six seven three fifty four.
13:30
Speaker 1: Hundred talk With matt a little bit more about some
13:32
Speaker 1: of the myths out, there and maybe you, know when
13:35
Speaker 1: it comes to, pricing how do you price the? House
13:37
Speaker 1: some people may, think, oh there's a trick to this
13:39
Speaker 1: and you no want to do. Trickery we'll find out
13:40
Speaker 1: For matt, though all about that next As ask The
13:43
Speaker 1: experts With Rock realty continues right here on thirteen ten
13:46
Speaker 1: WUIB a eight forty nine thirteen Ten wi B a
13:50
Speaker 1: and ask the experts hanging out this morning With matt how?
13:53
Speaker 1: Youman of, Course matt comes to us From Rockrealty, Online
13:56
Speaker 1: Rock wisconsin dot. Com that's Our Ock wisconsin tell number
14:01
Speaker 1: six oh eight six seven three fifty four. Hundred that's
14:03
Speaker 1: six oh eight six seven three fifty four. Hundred we'll
14:06
Speaker 1: touch on our featured listing again before we wrap up this.
14:09
Speaker 1: Week a great home right here In madison On Weston.
14:12
Speaker 1: Drive i'll tell you a little bit more about that
14:14
Speaker 1: property a little bit later on this segment this this
14:17
Speaker 1: morning that we're talking about some myth, busting doing some
14:20
Speaker 1: myth busting when it comes to real estate and you
14:23
Speaker 1: think about, negotiations also think about the importance of working
14:26
Speaker 1: with an. Agent one of the great benefits is understanding.
14:29
Speaker 1: Pricing and one of the things people tend to believe
14:30
Speaker 1: out there is you want, to you, know let's price
14:32
Speaker 1: a little. High gives us a little bit of room for.
14:35
Speaker 1: Negotiation not always the case hasn't.
14:37
Speaker 2: Met, yeah it's probably one of the biggest fetviewes right
14:41
Speaker 2: for real estate agents is having sellers listed tie thinking that,
14:46
Speaker 2: HEY i can always drop it when we know that
14:49
Speaker 2: actually that's probably going to end up on the negative
14:52
Speaker 2: side in the. End right, now we're. Not there is
14:57
Speaker 2: usually a range that will recommend reckon end, Right but
15:00
Speaker 2: if you list it too, high what you end up
15:03
Speaker 2: having is people viewing the other listing that's price lower
15:07
Speaker 2: and deciding that they don't want to offend the sellers
15:10
Speaker 2: with a low.
15:10
Speaker 1: Offer.
15:10
Speaker 2: Right this is we get this feedback all the time
15:13
Speaker 2: that the buyer doesn't even want to see the property
15:15
Speaker 2: because they don't want to offend the seller if it
15:18
Speaker 2: was fifteen thousand dollars less than it's listed. At and
15:21
Speaker 2: so what ends up happening, is you, know the listing
15:24
Speaker 2: sits on the, market and as you, know when you're
15:26
Speaker 2: looking at some of these online website, portals they'll put
15:29
Speaker 2: them up there according to what date they were. Listed
15:31
Speaker 2: so the longer it's been, listed even if the price is,
15:35
Speaker 2: dropped they are dropping down the, page and all of
15:37
Speaker 2: a sudden you're on page two and no one's seeing
15:40
Speaker 2: the price. Drop it looks like it's.
15:42
Speaker 1: Tainted.
15:42
Speaker 2: Good, yeah and that's not what you.
15:44
Speaker 1: Want by the, way you mentioned, feedback AND i know
15:46
Speaker 1: you're for aside from being a great real estate agent
15:49
Speaker 1: and running and working At Rock, REALTY i know you're
15:54
Speaker 1: very much into you, know technology and numbers and that
15:56
Speaker 1: type of. Thing that feedback real quick and they just
15:59
Speaker 1: kind of it popped into my head before we get
16:01
Speaker 1: to the next myth is you guys do a lot of.
16:03
Speaker 1: It there's a lot of research that you guys are
16:05
Speaker 1: doing individually At Rock. Realty obviously there's industry, stuff but
16:09
Speaker 1: you guys also are gathering data and information constantly to
16:13
Speaker 1: really help your agents and help your buyers and sellers as,
16:16
Speaker 1: well aren't.
16:16
Speaker 2: You, Yeah and that's the thing is it's important to
16:19
Speaker 2: be looking at the recent data just to see if
16:21
Speaker 2: there's been any market, changes, right maybe an, upswing maybe
16:25
Speaker 2: a downswing in that. Area and then also getting feedback
16:29
Speaker 2: after the showings is, important so we'll get, that we'll
16:32
Speaker 2: find Out, hey you, know it just felt like it
16:35
Speaker 2: was a little, dirty, right and so we can you,
16:37
Speaker 2: know give that feedback directly the seller and, say you,
16:39
Speaker 2: know next, time maybe we should you clean this up
16:42
Speaker 2: a bit or they felt like it was, overpriced, right
16:44
Speaker 2: and we can give that feedback directly to, them so
16:46
Speaker 2: we can kind of act in real.
16:47
Speaker 1: Time oh that is great to hear as we're talk
16:49
Speaker 1: this morning With Matt heiman Of Rockrealty Online Rock wisconsin dot.
16:52
Speaker 1: Com That's Rock Rock wisconsin dot. Com so we get
16:56
Speaker 1: the home inspection comes, Back, oh it is. Perfect definitely
17:00
Speaker 1: need to understand what that means when it comes to
17:04
Speaker 1: a home, inspection what they're looking for and what that
17:07
Speaker 1: what that really means right in the real.
17:09
Speaker 2: World, yeah home inspectors do a fantastic. Job they can
17:13
Speaker 2: give you quite a bit of peace of, mind but
17:15
Speaker 2: they can't check into everything and they can't predict what's
17:18
Speaker 2: going to fail in the, future. Right, Yeah so they
17:20
Speaker 2: can go through and tell you, that you, know these
17:23
Speaker 2: particular things are defects or, say, hey you, KNOW i
17:26
Speaker 2: noticed this may need some, maintenance, right but they're not
17:29
Speaker 2: gonna they're not gonna know, that you, know two weeks
17:31
Speaker 2: later the dishwasher stopped, working or that you, know the
17:35
Speaker 2: water software needs to be. Replaced so you, know even
17:38
Speaker 2: if an inspection comes back just stellar and, spotless you,
17:41
Speaker 2: know it's important to know, that you, know it's a
17:43
Speaker 2: house in. Ages everything in it, ages and there might
17:47
Speaker 2: be things that happen after the.
17:49
Speaker 1: Fact are there some conversations where a home warranty might
17:51
Speaker 1: be worth? Discussing is? That is that something that sometimes
17:54
Speaker 1: as we talk, about you, know the unexpected, things the
17:56
Speaker 1: furnace goes, out those kinds of you, know the reality is,
18:01
Speaker 1: SOMEDAY i hate to break the, folks your furnace will go.
18:04
Speaker 1: Out it. DOES i, mean it's just. Inevitable is a
18:06
Speaker 1: home warranty worth discussing in that in that? Area, yeah
18:09
Speaker 1: it's something.
18:09
Speaker 2: That we incorporate pretty. OFTEN i, mean you, know it's
18:13
Speaker 2: gonna have to be a pretty new house for us
18:15
Speaker 2: not to at least consider the home. Warranty it's such a,
18:17
Speaker 2: great great thing to. Have and you know a lot
18:20
Speaker 2: of times we're working locally WITH, uhp which is based
18:23
Speaker 2: out Of, Middleton wisconsin, actually so the company is based.
18:27
Speaker 2: Locally we like being able to you, know support a local.
18:29
Speaker 2: Company and you, know there's also another option that most
18:33
Speaker 2: people don't know. About but on top of home, warranty
18:36
Speaker 2: there are some insurance. Companies we work With Charles bush
18:39
Speaker 2: Over Evolve, insurance and there are writers that you can
18:43
Speaker 2: put on your homeowners insurance that's for equipment. Breakdown, oh
18:47
Speaker 2: and it's kind of you can double, up, right you
18:49
Speaker 2: can do a home warranty and this this other, policy
18:52
Speaker 2: or you can just try to just do this policy
18:54
Speaker 2: and it tends to be actually cheaper than a home.
18:56
Speaker 2: Warranty and you know home warranty or tend to be
18:58
Speaker 2: around the five hundred dollars level where you can find
19:01
Speaker 2: sometimes these writers that will go on on top of
19:03
Speaker 2: the homeowners insurance maybe only two hundred.
19:05
Speaker 1: Dollars see you talk about the. Value just sitting here
19:08
Speaker 1: talking With, MATT i just could have potentially saved myself
19:10
Speaker 1: a few hundred bucks There where were you a few years?
19:12
Speaker 2: Ago?
19:12
Speaker 1: Matt, right it's a great day to start that. Conversation
19:16
Speaker 1: by the, way as we talk With, Matt Matt heidman
19:18
Speaker 1: With Rock, realty the telephone umber SIX o eight six
19:21
Speaker 1: seven three fifty four. Hundred that's six oh eight six
19:23
Speaker 1: seven three fifty four. Hundred talking about some of the
19:25
Speaker 1: myths and when you hear a. Lot of, course you'll
19:27
Speaker 1: always make money when you, sell but there are some
19:30
Speaker 1: things you want to think about when it comes to.
19:32
Speaker 2: That aren't there, YEAH i mean history will tell us
19:35
Speaker 2: on a longer timeframe that is, correct, Right but you
19:39
Speaker 2: know there can be short term fluctuations for sure in the, market.
19:43
Speaker 2: Right you, know it all depends on you, know how
19:46
Speaker 2: quickly you're, selling how long you've had, it you, know
19:48
Speaker 2: things like. That you, know if you bought in the
19:51
Speaker 2: spring and then sold six months later in the, winter
19:54
Speaker 2: it's most likely that that you're going to lose some, money,
19:57
Speaker 2: right you, know you didn't give it enough time to
20:00
Speaker 2: shades to that, point and you also had seasonality fighting
20:03
Speaker 2: against you a, bit. Right but you, know the other
20:06
Speaker 2: thing to keep in mind is also you know there are, fees,
20:09
Speaker 2: right you have to involve a title, company there's title,
20:11
Speaker 2: insurance there's taxes that the state collects with every. Sale
20:15
Speaker 2: there's commissions. Involved sometimes there's a buyer side, commission sometimes
20:18
Speaker 2: a seller side. Commission so there's other fees that and
20:21
Speaker 2: transaction items that are involved when you when you sell
20:24
Speaker 2: a house, Too so you do want to make sure
20:26
Speaker 2: that you, know you do sit there for a little
20:29
Speaker 2: bit if.
20:29
Speaker 1: Possible everybody gets, paid is what you're. Saying, like there's fees,
20:32
Speaker 1: involved they do have to get paid for the. Time
20:34
Speaker 1: it's weird how that, works, definitely and as you if
20:37
Speaker 1: you're making that, decision and of course those calculations really important,
20:42
Speaker 1: upgrades and this is one THAT i think a lot
20:44
Speaker 1: of people fall fall four is it, Can but it's
20:48
Speaker 1: not universal that all upgrades will add value to your.
20:52
Speaker 1: Home that's not always the, case Isn't.
20:54
Speaker 2: Matt. YEAH i mean that's a pretty common occurrence where
20:56
Speaker 2: you've got someone that bought it for two point fifty
20:59
Speaker 2: they listed soon after putting thirty thousand dollars into a,
21:02
Speaker 2: kitchen and they want to list it for.
21:03
Speaker 1: To eighty or to eighty, five.
21:05
Speaker 2: Right they sometimes they even think the upgrades are worth
21:08
Speaker 2: more than they put in, Right and you, know in
21:10
Speaker 2: some cases it's very close to a one on ONE,
21:13
Speaker 2: roi but most most are. Not, right your typical kitchen,
21:17
Speaker 2: remodel you're getting between fifty five and sixty five percent
21:20
Speaker 2: back of what you put in. There, Right bathrooms a
21:23
Speaker 2: little bit, higher you're at like sixty to seventy. Percent
21:26
Speaker 2: BUT i would say the biggest return on investments in
21:29
Speaker 2: general are going to be like your new. Flooring landscaping
21:33
Speaker 2: sometimes is actually a larger investment than what you put
21:36
Speaker 2: in just because it gives such good curb appeal and
21:39
Speaker 2: paint paint Is paint's always the number?
21:41
Speaker 1: One what about putting money into LIKE i think about
21:44
Speaker 1: certain things like let's say that you have an inoperable, something,
21:48
Speaker 1: shower something that's definitely a place where where money is well.
21:51
Speaker 2: Spent, yeah, definitely OR i mean, yeah things that buyers
21:56
Speaker 2: might worry, about like a brand new roof when it's
22:00
Speaker 2: obviously looking really.
22:01
Speaker 1: Rough, yes, yes the time this morning With Matt. Heyman
22:04
Speaker 1: great day to start that conversation with the folks At Rock.
22:07
Speaker 1: Realty ALL i get to pick up Phone gama call
22:08
Speaker 1: SIX o eight six seven three fifty four. Hundred that's
22:11
Speaker 1: six oh eight six seven three fifty four. Hundred the
22:13
Speaker 1: Website rockwisconsin dot. Com that's our Ock wisconsin dot. Com
22:18
Speaker 1: while you're, there you will see a fantastic when one
22:21
Speaker 1: of many houses right at sixty four Thirteen Weston. Drive
22:25
Speaker 1: that is this week's featured. Listing i'm talked earlier and
22:27
Speaker 1: you mentioned it checks all of those boxes when it
22:30
Speaker 1: comes to, uh when it comes to a house that
22:32
Speaker 1: folks are looking for two bedroom or three bedroom excuse,
22:35
Speaker 1: me two baths right right here in the city Of,
22:37
Speaker 1: madison near the school Near epic as. Well this is
22:41
Speaker 1: a really a really nice, home a newer home as,
22:44
Speaker 1: well nineteen ninety. Five to, ME i know that that
22:46
Speaker 1: seems like. YESTERDAY i will add the error on the
22:49
Speaker 1: end because AS i AS i think it's not, new
22:51
Speaker 1: BUT i tend to say the same. Thing, yes, yes modern,
22:55
Speaker 1: construction modern construct, struct, yes. Yes and with this, home
22:59
Speaker 1: we talked about some of the different features and it's
23:02
Speaker 1: it's as, is it's it's. Gorgeous but the cool THING
23:05
Speaker 1: i like about is WHEN i got a chance to
23:07
Speaker 1: look at some of those pictures in all those, areas
23:10
Speaker 1: there's opportunities to make it, yours if that makes. Sense
23:13
Speaker 1: is we're talking about that that, office like how how
23:16
Speaker 1: do you want to configure? It what do you want
23:17
Speaker 1: to do with these? Rooms what do you want to the?
23:19
Speaker 1: Space it's also got an absolutely, fantastic fantastic backyard and
23:25
Speaker 1: great neighborhood as. Well and of Course Jason, allen listing
23:28
Speaker 1: agent on this, property give him a call this morning
23:30
Speaker 1: six oh eight five, one six seventy one. Fifty that's
23:34
Speaker 1: six oh eight five, one six seventy one to Fifty
23:37
Speaker 1: Jason allen this. Morning is the is the listing agent
23:39
Speaker 1: on this feature listening again right At west And, Drive,
23:42
Speaker 1: matt we are flying. By we, yeah we made it
23:45
Speaker 1: through the show and note it feels like we just
23:47
Speaker 1: started and we Could, yeah we could probably go another
23:51
Speaker 1: another hour or two for. Sure but again check out
23:54
Speaker 1: this House west And. Drive Jason, allen the FAITH uh
23:58
Speaker 1: listing agent on that six o't eight five one six
24:00
Speaker 1: seventy one. Fifty the website Rock wisconsin dot. Com that's
24:03
Speaker 1: R o C K wisconsin dot. Com vicky. McKenna she's
24:06
Speaker 1: got a chance for you to win some cool. Stuff
24:08
Speaker 1: next right here on thirteen Ten WI ba