Al Wisnefske
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Al Wisnefske Wisconsin Real Estate Broker License No. 57708-90
Al Wisnefske
I had a buyer reach out recently, convinced that a price reduction on a local property was proof of a "market correction."
Here is the reality: Usually, it's just an overpriced Seller getting a reality check.
When a unique property sits on the market and then drops in price, it rarely means the market value is down. It means the Seller started too high (fishing for a number) and is finally adjusting to the true market value.
Don't read too much into a single price drop. Look at the data, not just the discount.
11 hours ago | [YT] | 0
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Al Wisnefske
It’s tax season, and the bills are hitting mailboxes. But before you write the check, take a moment to review the details.
If you own acreage or vacant land, check your "Assessment Class."
If you have active agricultural land, but the bill lists it as "Residential" or "Recreational," that is a red flag. It often happens when assessors assume the land use has changed.
If your classification changed, your tax bill could change significantly.
Don't just pay it; contact your assessor to review the details and ensure your assessment is accurate.
1 week ago | [YT] | 0
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Al Wisnefske
I recently had a land deal under contract that hit a major wall.
The title company couldn't verify the full legal description.
Basically, there were "gaps" in the history.
In order to correct this we ordered an ALTA Survey.
This type of survey combines deep title research with a physical survey to define the legal boundaries.
Rural land can be messy. Old fences and handshake deals don't hold up at the closing table.
If you want to sell, you need to know exactly what you own.
2 weeks ago | [YT] | 0
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