Homes in the Village and East Tosa often draw several offers, and buyers who prepare early have a real edge. Here are three things I tell every Wauwatosa buyer before they start touring.
1) Get pre-approved first. A pre-approval shows your real price range and makes your offer stronger. Most people need recent pay stubs, W-2s, bank statements and permission to check credit.
2) Budget for the whole payment, not just the price. Every $1,000 a year in property taxes adds about $83 a month to your payment. Many Tosa homes are older, so leave room for inspection items and updates.
3) You may need less down than you think. Conventional loans allow as little as 3% down for many first-time buyers, which is $10,500 on a $350,000 home. FHA loans allow 3.5% down, and VA loans may need $0 down for eligible veterans. Some City of Milwaukee buyer programs don't apply to homes in Wauwatosa, so check before you count on one.
Questions about your own numbers? Call or text me at (414) 975-2654, or see more on buying in Wauwatosa at <a href="https://adamzmortgageteam.com/mortgage-broker-wauwatosa-wi/" rel="noopener nofollow" target="_blank">adamzmortgageteam.com</a>.
Adam Zeman, Senior Loan Originator, Edge Home Finance, LLC &middot; 11220 W Burleigh St, Suite 174, Wauwatosa, WI 53222 &middot; NMLS #870441 &middot; Company NMLS #891464 &middot; Equal Housing Opportunity. Not a commitment to lend. All loans subject to credit approval.

Milwaukee County

Milwaukee Metropolitan Area

Wauwatosa

Wisconsin

3 Things Wauwatosa Home Buyers Should Know...

Homes in the Village and East Tosa often draw several offers, and buyers who prepare early have a real edge. Here are three things I tell every...

3 Things Wauwatosa Home Buyers Should Know Before They Tour

Waukesha County

Brookfield

Milwaukee

New Berlin

Greenfield

Menomonee Falls

Whitefish Bay

Shorewood

Greendale

Fox Point-Bayside

Sussex

Travel Deliciously Travel Show (Wauwatosa)

The Wild West, Forgotten History

Singles Social & Mixer: Meet and Mingle for Adults Ages 45+

Craft & Vendor Fair!

Meineke Car Care

Nearby Communities

State Edition

National Edition

More Classifieds

Wauwatosa, WI|Local Classified|Announcement|3h