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Foreclosure - Updates Started

$86,000

Photo of 27296 State Highway 21, Tomah, WI, 54660.

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main exterior

Address: 27296 State Highway 21	City/ST: Tomah, WI	Zip Code: 54660
Location: 27296 State Highway 21/Tomah, WI	Property Type: Single Family Home	New or Resale: Resale
Square Footage: 1672	Bedrooms: 3	Bathrooms: 1 full, 1 half, 1 3/4 baths
MLS# 1125026	Property Tax: 2536

Sale pending.Foreclosure sale ‘as-is’. Now part of online auction thru June 27th-contact Judy Gull for all the details. Some recent updates have been started-needs some trim around windows and doors to complete the remodeling. Half bath is very nice with ceramic tile, a huge basement for storage; two rooms are finished. 2nd detached garage. Total of 3 bedrooms, 2.5 baths. Earnest money of $2500 required as certified funds or money order

Last Updated: 8/27/2010 5:02:09 PM

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First Time Buyers >The Down Payment

Perhaps no single decision in a real estate purchase has more variables than "How much money do I put down?" Conventional wisdom centers around either putting down as much as you can or as little as the lender allows.

If you put down a large payment, you get some leverage with the lender, such as little or no mortgage insurance, a good equity position, and perhaps a preferred mortgage deal. You will also have lower mortgage payments. One potential disadvantage of a large down payment is that you will be using after-tax dollars on which you could be earning interest. You will also have less tax-deductible interest.

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Q	What has a tremendous impact on the U.S. economy, comprising between $10-$15 trillion of the nation's wealth?
A	Real Estate--it goes through cycles, but still has a long-term record of strong investment return.
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Judy Gull, REALTOR�, real estate agent and broker for La Crosse, La Crosse County, Onalaska and Holmen, Wisconsin home listings, property and land for sale - NUMBER1EXPERT

Judy Gull
RE/MAX First Choice
757 Sand Lake Rd
Onalaska, WI
608-781-7714
Fax: 608-783-4263
judygull@NUMBER1EXPERT.COM

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