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eden prairie short sales: MN Short Sale Help - 952-943-1324 - 02/22/12 04:21 PM
If you are finding yourself frustrated about the current housing market, you are not alone. Many homeowners in the Minneapolis area are finding themselves underwater on their mortgage. This is not surprising considering the market has declined by more that 35% in many areas. The good news is thatwe can help you get out of your stressful situation and into better position. We help homeowners in this position everyday and are well versed on all aspects of short sales. Best of all, our services are 100% Free to you as the Homeowner.
Minneapolis Short Sale Realtor’s As Realtor’s that specialize in … (0 comments)

eden prairie short sales: Great Eden Prairie Opportunity! - 08/31/11 12:33 AM
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eden prairie short sales: Tips on Avoiding a Foreclosure in Minnesota - 02/02/11 09:53 PM
Avoiding a Foreclosure in Minnesota
Analyze the situation
The first step to avoiding a foreclosure is to look at where you are in the process. Are you behind on payments? Are you underwater on your mortgage? For doing Short Sales in MN these are the initial items we need know.    If you can't afford to keep your current home generally there are some very good reasons why.  As Short Sale Experts in Minnesota we have evaluated hundreds of situations with homeowners who need to sell but have what they feel is a hopeless situation.  For the most part the reasons we … (0 comments)

eden prairie short sales: Mn Short Sale Update- Transaction difficulty-Pricing better - 01/20/11 10:52 PM
Mn Short Sales
The Short Sale transactions that we have been a part of this month have proven to all have challenges.   Mostly due to the banks lack of training with their negotiating and processing department.  Most of the  Short Sales in Minnesota that we negotiate are taking between 45 and 90 days depending on the lener or lenders that are involved.
Look for even more sellers to do short sales throughout 2011.  Virtually 60% of the calls we are getting regarding listings involve short payoffs.   Pricing will surely be affected but not at the level it would be if those sellers … (0 comments)

eden prairie short sales: Can You Do a Successful Short Sale After The Sheriff's Sale - 01/19/11 11:31 PM
MN Short Sales can be done after the Sheriff's Sale
After a homeowner misses 3 consecutive payments most banks will begin the formal foreclosure process.  This will involve sending collection and acceleration letters on a couple of occasions.   Then they will refer the loan to a local attorney to begin the foreclosure.
Minnesota has a redemption period of 6 months after the foreclosure or sherrifs sale
Each state is different but Minnesota has a redemption period which allows a homeowner to redeem or payoff the amount due to the mortgage company within 6 months of the date of the Sheriffs Sale.  … (0 comments)

eden prairie short sales: Great Eden Prairie Real Estate Opportunity! - 11/12/10 08:49 PM
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eden prairie short sales: Wonderful Home now Available in Demand Olympic Hills of Eden Prairie - 09/07/10 06:05 PM
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eden prairie short sales: Tax Credit Closing Extended - 07/07/10 04:15 PM
Minnesota home buyers that were taking advantage of the tax credit, but had a delayed closing due to short sales, foreclosures or other factors beyond their control can rest easy.   The tax credit has now been extended through Sept 30 of this year.   This should give buyers plenty of time to navigate through the short sale process or other delays they are experiencing.   We experienced a lot of stress with last minute closing even though most of us felt the goverment had no choice but to extend.  There were in excess of 200,000 home sales that would have fallen apart if … (0 comments)

 
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Joe and Cindy Welu

Eden Prairie, MN

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Re/Max Advantage Plus

Address: 17585 Rustic Hills Drive, Eden Prairie, MN, 55346

Office Phone: (952) 943-1324

Cell Phone: (612) 616-8179

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