Current Listing (Restricted to sales for owner occupancy)
Offers due April 8, 2014 at 10:00 A.M.
Extended Listing (Open to all bidders unless otherwise noted)
Offers may be submitted at any time.
Click here to view successful bids from the February 25, 2014 bid due date: SuccessfulBids
Please note the following applies to all offers submitted:
- When so called “sweat equity” is involved on the rehab costs portion of the bid, a modified scope of work needs to be submitted by the prospective buyer that deducts the estimated sweat equity labor and materials value from those listed on the scope of work provided by the City. The necessary qualifications/ certificates/licenses for sweat equity work need to be submitted as well. For example, if the City's scope of work estimates rehab costs at $6,000 and the bidder is going to do "sweat equity", if the bidder estimates that bidder's sweat equity labor and material value equal $1,000, then bidder would deduct the $1,000 sweat equity from the $6,000 total estimated rehab to get to an adjusted $5,000 for estimated rehabilitation. See also Item 2 below. Also, in evaluating similar and competing bids, the City reserves the right to select offers in which licensed and/or certified vendors are utilized to complete the items identified on the scope of work. Furthermore, the Real Estate Department has the discretion to select offers in which it is deemed most likely that the work will be completed to building code standards in a timely manner.
Click here to view a sample of a modified scope of work - Modified Scope of Work Sample.
- Accepted offers will be evaluated on total investment. In evaluating and analyzing competing bids, the City adds the bidder's cash purchase price plus the bidder's estimated rehab costs to get a total investment number. Bids are compared against each other by comparing the total investment number from each bid.
NIDC's Homebuyer Assistance Program provides up to $20,000 to assist with the rehabilitation of City-owned foreclosed homes. Click here to find out more information about this program: Homebuyer Assistance Program.
Find out what Code Compliance Inspectors look for? A comprehensive list of what gets examined and what condition it should be in. Quick Reference - click here to check to see if a permit is required.
ROOTS Landscaping Program Incentive - click to learn more
Childhood Lead Poisoning Prevention Program
If you are a licensed broker or sales person, we pay a full 6% commission on residential property and 10% on commercial property.
How to buy:
If debt and credit problems are holding you back, contact one of the agencies listed below. These programs provide first time homebuyer workshops to educate consumers before making the commitment which sometimes can be for a lifetime.
English, Spanish, Hmong, Laotian
1445 North 24th Street
Milwaukee, WI 53205
2601 North Dr. Martin Luther King, Jr. Drive
Milwaukee, WI 5321
Housing Resources, Inc. (HRI)
7830 West Burleigh Street
Milwaukee, WI 53222
3215 West State Street
Milwaukee, WI 53208
Housing Authority of the City of Milwaukee's Homeownership Program