financing: Minneapolis Approves Program to Stimulate Buying in the City - 04/25/08 09:34 AM
The Minneapolis Advantage Loan Program - Available to Everyone, Even Luxury Homes The Minneapolis city council has recently approved a new loan program for buyers who purchase a single-family dwelling, or duplex, in Minneapolis neighborhoods that have experienced higher than normal levels of mortgage foreclosures. The program offers a $10,000 zero percent … (0 comments)
financing: Look Out Now...New FHA Rules to Keep Sellers in Check - 11/01/07 11:28 PM
The US Department of Housing and and Urban Development (we all know them as HUD) has passed down a new law concerning downpayment assistance for FHA loans. Effect 10/31/2007, sellers can no longer be looked to for help.In the past, buyers have been able to receive money from a seller as … (7 comments)
financing: Realtors trying to Help Minnesota HomeOwners - 09/01/07 10:05 PM
The current administration is coming up with ways to offer Mortgage Relief for homeowners finding themselves in trouble. The National Association of Realtors is lobbying the federal government for relief and here are a few things they are trying to accomplish for Minnesota home owners. Expansion of insurance for Delinquent Borrowers - FHA will offer government … (2 comments)
financing: Cheaper than Rent? - 07/09/07 08:27 PM
If it Sounds too Good to be True, it Probably IsMost of us have heard this phrase sometime in our lives and we usually live by it. But in some cases, the deal does sound good. Take for instance the flyer I received in the mail from a local real estate … (4 comments)
financing: What to do Before you Buy a Luxury Home, Part 2 - 06/21/07 05:51 PM
More ideas on what to do before your next home purchase: Look beyond your Target Price - You might be looking for a home in the $5 million range, but if you are looking in an area other than where you currently live, you need to find an experienced luxury agent to … (2 comments)
financing: What to do Before you Buy a Luxury Home, Part 1 - 06/04/07 01:47 PM
Here are some good suggestions on what to do before you purchase a home. Look for Lenders that cater to the affluent - A buyer looking as a $4 Million home doesn't go to Lending Tree for a loan. You need a mortgage company with a history of upper bracket real estate. … (2 comments)
financing: Funding that Pesky Fixer-Upper - 05/19/07 08:33 PM
When it comes time to start the remodeling process for that home you just bought, the biggest obstacle is deciding how to fund it. Not everyone has equity built into their home, which would help offset costs, so here are a couple ways to pay for your next real estate project. Cash-Out … (6 comments)
financing: Death to the Phantom Tax - 04/20/07 12:47 PM
Well, it looks like we could be having a funeral very soon. Let's all cross our fingers and pray for it to die. I'll be the first to shovel some dirt over the coffin...and let's make sure we dig a really, really deep hole so it cannot resurrect itself in the … (5 comments)
financing: An Unconventional Truth - 04/16/07 02:25 PM
The truth is, there are more mortgage options available to buyers than just the typical 30-year fixed loan. Known as "unconventional mortgages", buyers should know the additional options available. Please remember,they may not work for you, and to check with your lender about personal pros and cons.40-Year Fixed - these … (0 comments)
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The Minneapolis Advantage Loan Program - Available to Everyone, Even Luxury Homes
