Builders are liable for the structure and framework of a home until it is 10 years old. I advised a client with a stucco home to do that and the inspector found moisture. They were able to take the builder to court and replace their stucco with brick (they had to pay for the upgrade to brick). Do this even on a house with wood siding - they have moisture too. It just doesn't ...
Here are five suggestions that are "good reads" for folks who want to sell a home.....
Nolo’s Essential Guide to Buying Your First Home, Ilona Bray, Alayna Schroeder, and Marcia Stewart, Nolo publishing, $24.99
This Sold House: Staging Your Home To Sell in Today's Market,Diane Keyes, Third Child Press, $14.95
If I Had A Hammer: More Than 100 Easy Fixes and Weekend Projects, Andrea Ridout, ...
‘Twas the week before Christmas, and all through the market, Realtors were selling houses in the Twin Cities, some wearing parkas.
For the week ending December twelfth there was such a clatter,Pending sales flattened out, unlike a step ladder.
542 for the week, which was 2.5 percent under last year,When market volatility was in the stratosphere.
New listings were down to a more normal ...
A foreclosure is inevitably an emotional event. But the one covered in the StarTribune article Money for her stolen home was particularly troubling. Telsche Paulson, now 87 years old, lost her duplex to foreclosure in 2008 because of a scam that had started back in 2004. At that time, while she was struggling to make mortgage payments, she responded to a letter from a real estate agent who ...
It's no coincidence, or surprise, that as holiday shopping speeds up, home sales are slowing down. Additionally, while it remains a buyer's market, lenders continue to be stringent with their mortgage policies, adding to the home sales woes. So, should you fight the trend, or just give in and surrender to the season?
"Typically this time of year, sales slow down. When looking at single family sales, ...
Today approximately 700 realtors and appraisers attended a program sponsored by the Minnesota Association of Realtors on the topic of Mortgage Fraud. Four FBI Agents and an attorney with Hennepin County were the featured speakers. Minneapolis area is considered among the top 5 hottest metropolitan communiites for mortgage fraud. We were provided with direct contact information ...
I know a lot have buyers have been waiting to buy a new home this year. Waiting to see if the tax credit is extended..Done! Waiting to see what interest rates are going to do...Went DOWN! Or just waiting for the right home in the right location and price. Well it's time to take action.
As we approach the holidays and the new year I know one thing for sure. The time will never be better to finally ...
In a meeting earlier this week, President Obama urged lenders to “explore every responsible way” to boost lending. Although the discussion was focused on small and medium-sized business lending, mortgage lending was also a topic. For more information, see Obama implores top bankers to increase lending.
No one wants to return to the days of loan applications by buyers who had neither job ...
A number of real estate related articles caught my eye this past week that should have an impact on homeowners in the Twin Cities. They were articles about how flipping houses is making a comeback, a new program that President Obama is proposing dubbed “Cash for Caulkers” which is aimed at making homes more energy efficient and the most recent Twin Cities real estate statistics.
Flipping ...
The Entire State Of MN Is In A Radon Advisory AreaCounties shaded in red, represent Zone 1. Zone 1 counties have a predicted average indoor radon screening level greater than 4 pCi/L (pico curies per liter) (red zones).Counties shaded in orange, represent Zone 2. Zone 2 counties have a predicted average indoor radon screening level between 2 and 4 pCi/L (orange zones).
Once you ...