AboutDennis Herman Expertise I can answer questions on Real Estate such as question on writing an Offer to Purchase. What can go wrong after an offer is written? What is Buyer Agency and what will it do for me? What is a foreclosure? What is the difference between a foreclosure, a bank owned property and a short sale? What is the best way to locate a property? What steps can be taken to avoid foreclosure? How do Real Estate Agents get paid? How can I quickly build equity in a home? How do I view homes? What types of homes will have the best prices? How do I choose an agent? What types of financing are available?
Experience Residential and commercial real estate. New home purchases. Buyer Agency. First time home buyers. Foreclosures, bank owned properties, estate sales and short sales.
Organizations Greater Milwaukee Realtors Association
Wisconsin Realtors Association
National Association of Realtors
Publications http://activerain.com/bloghome
Education/Credentials State of Wisconsin Licensed Real Estate Sales Agent
Accredited Buyer Agency Training
Relocation Training
Certified Senior Citizen Representative
Wisconsin Real Estate Continuing Education
Question I am in a situation where my home has been foreclosed on via sheriff sale. I am in Michigan and I have a 6 month reconciliation period before they can boot me out. During this period, should I be maintaining the homeowners insurance I had on the property or can I change it to just renter's insurance? I assume that would be significantly cheaper. Thanks!
Answer The redemption period give you time to work out a solution with the lender. If you initiate the process the lender has government programs available to help out in a situation like this.
As far as the insurance goes, talk to your insurance company to find out what type of coverage you need.
