All the World’s a Stage When You’re Trying to Sell Your Minneapolis Home - 05/29/09 10:55 AM
The old Shakespeare-based adage “all the world’s a stage” is nowhere so true as in the world of modern real estate.  Staging, the art of preparing a home for sale by de-cluttering, depersonalizing, cleaning, repainting, rearranging, landscaping, and cosmetically improving a home to make it more saleable, has become the norm.  The theory is that when a home is properly staged, it will appeal to the largest number of buyers, sell more quickly, and sell for more.  While “staging” has always been a normal part of getting a home ready to sell, since the 1990’s, staging has become an industry of … (0 comments)

Things to know when buying a bank-owned property - 05/15/09 11:36 AM
There are many people who are beginning to take advantage of the post-bubble home prices of bank owned properties to make a housing purchase before the chance is gone. If you are one of them, there are some things you should know before you make an offer.
Banks have no emotional ties to influence their side of the negotiation. The only thing banks care about is the amount of money in the offer. They often won’t accept that low-low-ball offer, but will accept some offers below the listing price. If your offer is too low, the bank will simply reject it. … (0 comments)

Just reduced! East Edina Walk out Rambler! - 05/07/09 09:59 PM
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Are first-time home buyers fueling a housing market rally? - 05/07/09 04:07 PM
Buyers who are still waiting for the residential real estate market to hit bottom may have waited too long. The first week in May is signaling changes and while there will still be bargains to be had, they might become harder to find.
Housing sales were up for the second month and after five months of declines. At the end of March, there were 3.74 million existing homes on the market, taking an average of nearly ten months to sell. But foreclosures, short sales and bank-owned properties are suddenly selling briskly.
At the beginning of 2009, it was not uncommon to … (0 comments)

East Edina Construction project..... - 05/01/09 10:06 PM
December 9, 2008
RE: 2009 Street Reconstruction Projects - Resident Questionnaire

Dear Resident:
The City of Edina has initiated the process of roadway and utility improvements for the
summer of 2009 for your neighborhood. The first step was to hold an open house on
October 9, 2008, for you to become familiar with the process.
The next step is to get feedback from you regarding a number of key components of the
project. The information you share with us is essential in determining certain aspects of
the project that may be constructed.
The following information explains the questionnaire that is … (0 comments)

Tax Relief for the Widowed Home Seller - 05/01/09 07:54 AM
A new tax provision is offering capitol gains relief for widows and widowers who want to sell their houses after a spouse has died. While married couples can exclude a profit of up to $500,000 when they sell their home, single people are limited to a $250,000 tax break. Until recently, a widow or widower was considered a single person in the eyes of the IRS. But now, a surviving spouse can take the full $500,000 deduction if they sell the home within two years of their partner’s death instead of the previous one-year limit. The home must have been used … (0 comments)

 

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