Fields of Real Estate Sales & Construction
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October Newsletter

October 2013




Beautiful, colorful fall, a refreshing change of pace from the hectic summer. I love summer with all it's heat and hectic activities, but fall   is a slower paced, take in the scenic wonders kind of time. Unfortunately it is a precursor to Old Man Winter! UGH!! From all predictions it is suppose to be a long, cold, snowy one. But then this IS Wisconsin and all of our winters are long, cold and snowy!!!


With all the news being focused on the government shut down, people are fearful and upset. Understandably so. From I can gather, many things will be affected and some will run as smoothly (if I dare even use that word in referring to the government) as before. As for real estate the Federal Housing Administration, which insures about 15 percent of new loans for home purchases, will approve fewer loans for its client base - borrowers with low to moderate income - because of reduced staff. Only 67 of 349 employees will keep working. The agency will focus on single-family homes during a shutdown, setting aside loan applications for multi-family dwellings. The Housing and Urban Development Department won't make additional payments to the nation's 3,300 public housing authorities, but the agency estimates that most of them have enough money to keep giving people rental assistance until the end of October.

BUT NOT THIS: It will be business as usual for borrowers seeking loans guaranteed by Fannie Mae and Freddie Mac, which together own or guarantee nearly half of all U.S. mortgages and 90 percent of new ones. NOT good news! Megan Brantley of WRCB in Chattanooga, TN sums it up best:

"If it goes on for any period of time, it could be really devastating to the real estate industry," said Ryan King, realtor.

King says a shut down will affect both buyers and sellers.

"The sellers won't be able to sell their homes and the buyers won't be able to buy homes," said King.

He says that's because it's going to pump the brakes on several of the working parts, like preventing any mortgages from being approved.

"So many of the loans FHA, VA, USDA, THDA, they're all government backed loans and getting those processed is what's really going to be the slowdown," said K

The other big concern; The IRS won't be open to verify the income of those applying.

"And if there is no IRS open then they can't verify your income and determine if you're even eligible to purchase a home," said King.

As a realtor, King says there is more at stake for him.

"It worries my wallet for sure," said King. "It's a commission based job so if you're not closing on houses, then you're not making any money."

He hopes it comes to a quick close.

"If it just happens for a few days it will be like a hiccup, but if it continues on for an extended period of time, they're going to have a huge back log for processing," said King.

This would leave a lot of home buyers and sellers in limbo.

"You have people that are already under contract with these loans, that have pending sales going on, those are going to be the people affected right now," said King.

This comes under the heading of NEWS WE DID NOT WANT TO HAPPEN!!!

Hopefully both parties will come to an agreement that will benefit all Americans!!!


There are still opportunities for you to purchase a gorgeous lot in the Duck Creek Estate development. These lovely lots have it all, wide-open country feel, woods, water, peace, beauty AND a reasonable price!  Where else can one buy a fantastic home site that is perked, huge, (example, 2.3 acres), water front, bordering woods and pay only $29,900???  ANSWER: NO WHERE!  Call us today to set up your private showing! Agents—we will pay a $5,000 bonus for any Duck Creek lot you sell.  Buyers, call us for a special price if you are not presently working with an agent.

You have it easily in your power to increase the sum

total of this world's happiness now.

   How? By giving a few words of sincere appreciation to someone who is lonely or discouraged. Perhaps you will forget tomorrow the kind words you say today, but the recipient may cherish them over a lifetime.

Dale Carnegie


If you are experiencing computer problems, we have the answer!!! Call Brad Dassey at OMRO PC. His number is 920-238-OMRO or email him at:  He is a miracle worker!!!He is so reasonable, will work on your machine remotely, come to your office or home or you can go to him. He fixed my laptop, which frankly, I thought I would have to replace, and it works faster and better than when I first purchased it! He has had 15 years experience and if there is something Brad does not know about computers, I would be surprised. He can give you tips, updates, and great advice as well. Rarely, do I find the kind of superior service for any product that I receive from Brad. Give him a call and he can save you time, frustration and money, plus save you from a computer crash!!! With the government crashing, we sure do not need our computers following suite!!!


As you are aware we offer monthly specials to our Buyers and Sellers.

BUYERS: 50% any home repairs up to $1,000 offered by CB Handyman Services

SELLERS: FREE Furnace Inspection

Call us for more details.


Great minds discuss ideas. Average minds discuss events. Small minds discuss people.

Eleanor Roosevelt


Please remember to get us the pictures of your kids, grand kids, pets, neighborhood children or yourselves in the Halloween costume you think will win our contest. You email them to Kris at, or to Judy at Please have them to us by October 25th. We will announce winners in the November newsletter.


Remember whether you are buying, selling, building or looking to invest in land or real property call us at Fields of Real Estate and we will be happy to help you with all of your real estate needs.

Enjoy this wonderful autumn and take time to smell the burning firewood, view the spectacular changing colors and let the peace and tranquility of this special time fill your soul.

Fields of Real Estate Sales & Construction
N2657 County Rd N
Appleton, WI 54913
Office (920) 358-9003  Fax (920) 687-0358
Kris' Cell (920) 707-3002
Judy's Cell (920) 242-0423
Contact us for more details!