Own and Live in Downtown Madison–Forgivable Loans Available

Follow the money around downtown Madison. You can see where developers are investing with new commercial buildings and quality apartments. These people know the same thing you know…people want to live and work in the authentic Madison neighborhoods.  Greenbush, Mansion Hill, James Madison Park Neighborhoods have the classic early Madison homes people are tripping over themselves to own. Or they would be if they could afford the renovations.

Community Development Division of the City of Madison has $80,000 to $100,000 forgivable loans available for purchase and renovation of these properties. Commit to live in the building for 10 years (and a few other requirements). Live a downtown Madison lifestyle.

This program ends December 31, 2017

Published by Tom Meyer, Owner-Broker, Essential Real Estate, LLC Madison, WI

Reasons to own a home vary, but the reason any of us sell is always the same--we have another plan for the home equity. Costs related to selling and buying (Overspending on fees, repairs, negotiating mistakes, overpaying) consume an unnecessarily large chunk of equity. Essential Real Estate exists to make sure clients have opportunities to keep more equity and accomplish their life plans. Essential Real Estate brokers identified multiple negotiating errors and common misconceptions that cause people to lose home equity and then developed strategies to help clients wisely negotiate better terms while protecting their equity. Our clients count the difference we make for them in dollars and peace of mind.

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