Here's how each scenario typically plays out for waiting time for future financing. Of course guidelines are always changing and this is just an overview of current guidelines.
FHA ...
These are words we are hoping to hear more of in the 2012 Twin Cities Real Estate Market. The stats are in from the Minneapolis Area Association of Realtors for the first week in February, 2012, and it's good news for our real estate market. The most notable trend is fewer active listings. Buyers that in the wait-and-see mentality may find themselves with competing for fewer properties ...
WCCO TV's Matt Brickman chooses Elm Creek Park in Maple Grove to have the best sledding hill in the Twin Cities. Viewers sent him their pick for favorite sledding hill and Elm Creek was the winner. Click here for the story/video for the fun story!
Gina Dumas, REALTOR ~ RE/MAX ...
I met with some folks last night who would like to sell their current home and purchase something a bit bigger for their growing family. They bought their current home in 2006 (very close to the peak of home values) and have since remodeled the kitchen and basement as well as a handful of other improvements. They answered yes when asked if they were aware of recent sale prices on the ...
Sellers often tell me that they want to price their home higher than the market analysis indicates because "buyers can always just make an offer." Why is this not the way to sell your home, (particularly in this market with so many homes for a buyer to choose from)?
Don’t start with a high price and the assumption you can reduce it later. By the time you decide to lower the price, it may ...
If you've never made it to the Target Holidazzle Parade, make sure to get there this year. It's an annual tradition 20 years strong and a free fun family event! The parade kickoff is Friday, November 25th and runs Thursdays-Sundays through December 18th. Parade time is 6:30 but be sure to get there early for a good spot. For more information including parking, route information ...
You've probably never heard of Boom Island Village, it's a very well kept secret! This small, vibrant neighborhood is located in Northeast Minneapolis bordered by Nicollet Island, NE Arts District & Mississippi Riverfront. Area destinations include Northeast's iconic Elsie's , Pyscho Suzi's Motor Lounge and the neighborhood is literally just steps from Boom ...
The 2011 legislature repealed the old homestead credit law and has replaced it with a new Homestead Exclusion law and begins with property taxes payable in 2012. It is confusing at best, even for those of us in the real estate field. Let's start with the difference between "credit" and "exclusion;" a credit is a reduction in the amount of taxes due while exclusion is a reduction in the amount ...
New listings are down and buyer activity is up according to statistics by the Minneapolis Area Association of Realtors. This may suggest that we are turning a corner (slowly turning, but turning none the less). The last three months have posted a 41.7% increast in buyer activity and inventory is down over 20% from this same week last year. For the full scoop, visit ...
Forbes says we are living in the countries healthiest City - how cool is that? They took into account air quality, resident's health and community promotion of health and exercise when choosing. According to Forbes, Minneapolis residents breathe clean air, prioritize exercise and keep their weight down, supported by a city that was among the first to add bike trailsand ban smoking in public ...