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City Real Estate E-newsletter  -  February 6, 2015

 
Take Root Homeownership Fari


Save the Date! FREE Take Root Milwaukee Homeownership Fair Coming Soon 

WHO: The City of Milwaukee and Take Root Milwaukee - plus many other neighborhood organizations, lenders, realtors and homeownership consultants will be available to answer all of your questions and get you started on the path to owning your own home.

WHAT: This FREE Homeownership Fair features a variety of informational booths, home tour sign-ups, homebuying and home rehab workshops, incentive offers and so much more!

WHERE: The Italian Conference Center, 631 E. Chicago St.

WHEN: Saturday, March 7, 2015 from 8am-noon

If becoming a homeowner is on your list for 2015, get started today with the resources below or plan to visit us on March 7!

Click to Learn More



Attend the next Homebuyer Orientation Session

Attend the next session to learn more about the Homebuyer Assistance Program, which offers assistance from a rehab specialist and up to $20,000 forgivable loans for the rehab of City-owned homes.

Thursday, February 26, 10:30am-noon
Washington Park Library, 2121 N. Sherman Blvd.
(Community Room)
Click to Learn More


 

Featured Home 601 N. 25th St.

Address: 601 N. 25th St.
Single family 4 BR / 1BA

This large 2,352 sq. ft., 2-story home built in 1898 retains old-world craftsmanship in its wood paneling and staircase. Imagine the possibilities!

Purchase price: $8,100 
Rehab cost: $30,800

Offers due March 3, 2015 at 10 a.m.

This home may also qualify for a $20,000 forgivable loan through the Homebuyer Assistance Program.


Shop our Current Listing today!

 


 

Current Property Listing
Current Property Listings

City Real Estate's Current Listing of homes for sale features over 70 opportunities for homeownership. All offers are due on March 3, 2015 at 10am.

As an owner-occupant buyer, these properties also qualify for the $500 ROOTS Landscaping Program Incentive.

Get started on your Homebuyer Counseling Certificate to take advantage of the HBA $20,000 forgivable loan.
 

 


Let's Work Together to Build Stronger Neighborhoods!MKE Mobile

Don't hesitate to reach out and use these great City resources if you have a concern in your neighborhood.

Residents seeking information about City services can now use the MKE Mobile App to locate, photograph and provide supporting information to ensure speedy resolution about requests such as abandoned vehicles, graffiti, litter, potholes or other issues.

Web users can still report any concerns via Click for Service, the City's online service request system, to report any neighborhood property concerns, vacant buildings, buildings in disrepair and much more.

The City's United Call Center phone number at 286-CITY can also connect you with 100s of city services. Together, we can make a difference!


 

Extended Property ListingThinking of Becoming a Landlord?

City Real Estate has many homes for sale on the Extended Listing webpage that are available to investors and owner-occupants who want to earn rental income. Investor owners must possess or obtain a Landlord Training Program certificate.

The classes are FREE and held on a regular basis throughout the year at various locations. Attendees get a free 100 page manual and handouts on a variety of legal and business issues related to managing a property.

View 2015 Landlord Training Program Class Schedule


 

STRONG Homes Loan    STRONG Homes Loan
STRONG Homes Loan Program Available for Homeowners

One highlight of the 2015 City Budget was the creation of the STRONG Homes Loan Program, which is administered by DCD’s Neighborhood Improvement Development Corporation (NIDC). This new program will assist current homeowners to make essential home repairs and abate code violations at their properties. Eligible items include replacing a roof, replacing a failing porch, repairing or replacing deteriorating siding or failing exterior paint, and correcting hazardous conditions or building code violations.

If a homeowner remains in their home for ten years after the completion of the work, 25% of the STRONG Homes loan will be forgiven. Homeowners who are low-income and elderly or disabled may qualify for deferred payment loans under the program. The program will be available City-wide and households with incomes of up to 120% AMI  ($84,350 for a family of four) are eligible to apply.

Learn more about this exciting new program at: www.milwaukee.gov/STRONGloan




Don't Lose Your Home Did you know that property taxes are not the same as other debt? The City of Milwaukee cannot negotiate the tax amounts owed or waive interest and penalty charges. Due dates are non-negotiable. The City of Milwaukee does not want to take your home.

Mayor Tom Barrett and City Treasurer Spencer Coggs strongly suggest those behind in paying their property taxes reach out to a counselor on our website to discuss financial planning and how to get back on track.


 


Featured Commercial Property4313-15 West Fond du Lac Avenue
Mixed-Use Business Opportunity in the Sunset Heights Neghborhood - Proposals accepted until February 25, 2015 and will be reviewed on a continuous basis until an acceptable proposal is received.

4313-15 West Fond du Lac Avenue - $50,000
Two-story, 4,180 sq. ft. masonry building constructed in 1930 with two upper level apartments and parking

Visit the Commercial Properties website for additional opportunities.



 

 DCD facebookConnect with Us!

Follow the Department of City Development on Facebook and Twitter for more updates on city real estate for sale, programs and incentives offered, development projects around the city and the latest news from the Mayor's STRONG Neighborhoods Plan.

www.facebook.com/milwaukeedcd
www.twitter.com/milwaukeedcd

 



If your organization would like to featured in future e-newsletters, please contact
Community Outreach Liaison Christina Klose at cklose@milwaukee.gov

 


City Real Estate, 809 N. Broadway, Milwaukee, WI 53202   -   (414) 286-5730


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