Ar_home_b_search
 



minnesota 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)

minnesota 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)

minnesota short sales: Minnesota Homeowners get valuable help from Realtors - 01/25/11 12:26 AM
Realtors in MN educate sellers on foreclosure prevention Minnesota Realtors are becoming more of a factor in preventing foreclosures in Minnesota than anytime in history.   With the surge of homeowners underwater on their mortgage, many sellers are unsure where to turn or how to handle their situation.  Over the past couple of years agents have continued to realize the tremendous need in this segment of the market, and many have reacted by increasing their level of eduction in the forelcosure prevention arena.
Short Sales are the preferred method MN Short Sales have been increasing by the month, while foreclosures are seeing … (0 comments)

minnesota 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)

minnesota 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)

minnesota short sales: Short Sales and the benefits of a Realtor - 01/10/11 10:31 PM
Why should Homeowners work with a Realtor for their short sale?
Use only trained and experienced Realtors when doing a short sale
Realtors that specialize in Short Sales are not created equal.  With the huge increase in volume of short sales over the past couple of years, agents have flocked to that segment of the market.  The reality is only a fraction of them have taken the appropriate training to properly do a Mn Short Sale.   When selecting an agent ask not only what their experience is but also how much training and education they have taken to keep up with … (0 comments)

minnesota short sales: Banks Halt Foreclosures- Could Be An Advantage to Normal Sellers - 10/10/10 10:35 PM
Minnesota/US Home Sellers Can Benefit From the Halt in Foreclosures For the first time in the massive chaos of the housing crisis the traditional seller (non foreclosure or bank owned) can catch a break.   Even though this is merely prolonging more foreclosed homes coming to market, there will be a temporary decrease in foreclosure inventory due to the industry wide freeze on foreclosures.   Most of the big banks have been pressured to thoroughly examine their practices for foreclosing on homeowners.   The pressure began amidst a discovery that lenders conducting a  mass processing of documents via a automated signature process.   The concern … (0 comments)

minnesota short sales: Great Opportunity...large Edina Duplex available! - 09/28/10 06:00 PM
(0 comments)

minnesota short sales: Great New Listing In Chaska presented by the Joe and Cindy Team - 09/28/10 05:57 PM
(1 comments)

 
Joe_and_cindy_photo_9 Rainmaker_large

Joe and Cindy Welu

Eden Prairie, MN

More about me…

Re/Max Advantage Plus

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

Office Phone: (952) 943-1324

Cell Phone: (612) 616-8179

Email Me

Updates and writing on the latest real estate trends, news and marketing from the Joe and Cindy Team at Re/Max.


Listings

Links

Archives

RSS 2.0 Feed for this blog