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Current Listing (Restricted to sales for owner occupancy)
Offers due May 29, 2013 at 10:00 A.M.
Current Listing (Restricted to sales for owner occupancy)
Offers due June 18, 2013 at 10:00 A.M.
Extended Listing (Open to all bidders unless otherwise noted)
Offers may be submitted at any time.
Please note the following applies to all offers submitted:
1) 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.
2) 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.
Note: The deadline for submitting applications for the NSP2 Program has passed and this program has now ended. Click here for information on the NSP3 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
You may be eligible for up to $30,000 toward the purchase and rehabilitation of a foreclosed property for homeownership purchase. Click here to find out more about this program.
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:
Download our standard sale contract (pdf) Rev. 10/10/2011
Review our simple sales procedures Rev. 7/18/2011
Find a licensed real estate agent through the Wisconsin Realtors Association or the Greater Milwaukee Association of Realtors.
Find a lender. Shop around; rates are low and competitive. Research interest rates.
Check with WHEDA and Milwaukee's Neighborhood Improvement Development Corporation to see if you qualify for low interest loans.
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.
ACTS Housing
| English, Spanish, Hmong, Laotian |
| Address: |
1445 North 24th Street
Milwaukee, WI 53205 |
| Phone: |
414-933-2215 |
| Fax: |
414-933-1956 |
| Email: |
mailto:acts@actshousing.org |
CYD
| Address: |
2601 North Dr. Martin Luther King, Jr. Drive
Milwaukee, WI 53212 |
| Phone: |
414-264-6888 |
Housing Resources, Inc. (HRI)
| Address: |
7830 West Burleigh Street
Milwaukee, WI 53222 |
| Phone: |
414-461-6330 |
Select Milwaukee
| Address: |
2209 North Dr. Martin Luther King, Jr. Drive
Milwaukee, WI 53212 |
| Phone: |
414-562-5070 |
United Community Center
| English, Spanish |
| Address: |
1028 South 9th Street
Milwaukee, WI 53204 |
| Phone: |
414-384-3100 |
Housing Authority of the City of Milwaukee's Homeownership Program
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