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City of Milwaukee 
Office of Mayor
Tom Barrett

      
          
        

         
 

 

   


   
 
Interested in buying a City property?

It’s as easy as 1…2…3!!

1. Contact any Wisconsin licensed Real Estate Broker to assist you in the purchase process.

2. Ask the broker to call us at 286-5730 to arrange for access to the property you are interested in buying. Be sure to do a very thorough inspection of the property to familiarize yourself with the features of the home and to determine the extent and cost of needed repairs. Seek qualified help if necessary.

3. Have the broker write an offer to purchase and submit it to us on your behalf.

If your offer is accepted, you should apply for financing immediately. Keep in mind that you must make the property code compliant after closing. And remember to budget for the unexpected because buying and fixing up an old house oftentimes has its pleasant and unpleasant surprises.


Brokers:  Here's what you need to know…

Call 286-5730 for information on how to access the property.
 
Show the property to the perspective buyer.
 
Write an offer on the City of Milwaukee sales contract and submit to 809 North Broadway, Milwaukee, Wisconsin, 53202 or fax to 286-0395. (Brokers fees are the greater of $750.00 or 6% and 10% for residential and commercial properties, respectively.)
 
Collect the earnest money and hold in Broker’s Trust Account.
 
Allow (2) days for acceptance of the offer.
 
Get a copy of the accepted offer to the buyer.
 
Assist the buyer with locating financing.
 
Assure closing happens within 45 days of acceptance of the offer or earnest money is forfeited.
 
Offers may be extended for ONLY one 30-day period upon submission of a $250 extension fee.
 
Do a final walk through the day of closing.
 
Remove the City’s lockbox or padlock and turn it in to 809 North Broadway.
 
Lost or additional City keys $2.50.
 

 

  Milwaukee Department of City Development   ·    809 N Broadway   ·    Milwaukee, WI 53202   ·    Contact DCD