White Bear Lake, Hugo, Forest Lake Area Real Estate Blog

What you should know if your landlord lets the property your renting go into foreclosure. A foreclosure does not change your lease terms.  You must continue to follow the terms of your lease.  You must keep paying rent unless you have a legal reason to withhold it and you should have an attorney ...

If your decision is to market your property when your in foreclosure, then choosing the right Real Estate Professional to assist you is very important.  The average Realtor does not have the experience in foreclosure properties and that could make matters worse.  There is a lot of work involved i...

Sometimes because of the condition of the property, property values declining (like todays market), or lenders giving 125% equity loans, the homeowner will owe more than the property will sell for in the current market.  This situation usually occurs when there is more than one mortgage on the pr...

Hello again everyone,  Today I will cover what needs to be done when selling a home in foreclosure.   When listing and marketing homes in foreclosure there are specific time limits in getting the property sold and closed before the end of the redemption period.  The homeowner needs to understand ...