real estate: Understanding Your New Home's HOA Fees
- 06/23/15 02:55 AM
Understanding Your New Home’s HOA Fees You’ve looked over hill and dale for your new home, and you and your Realtor® have finally found the perfect property with a purchase price within your budget. But there’s another monthly expense you don’t want to forget on some properties, the HOA fee. What Is an HOA Fee? If you’re considering purchasing a condo, townhome, or even a single-family home in certain subdivisions, chances are you’ll be required to pay a homeowners association, or HOA, fee once the property becomes yours. HOA fees are in addition to your mortgage payment and pays for maintenance on the (0 comments)
real estate: Getting Your MN Home Ready For An Open House
- 06/10/15 06:02 AM
Quick Tips for Getting Your Minnesota Home Ready for Your Open House The home selling season is in full swing in Minnesota, and many buyers are spending their weekends touring open houses. An open house is a great opportunity to show off your home and bring in the offers. But without proper preparation, a house full of clutter and dark and dirty rooms can steer buyers away. Here are quick tips for preparing the four main areas of your home for an open house. Open House Prep: Living Room The living room is often the first thing buyers will experience as they step into (0 comments)
real estate: Simple Tips for Sprucing Up Your Home’s Curb Appeal
- 05/20/15 02:05 AM
Simple Tips for Sprucing Up Your Home’s Curb Appeal The weather’s heating up, and so is the Minnesota housing market. It’s a great time to put your home up for sale. But if your front yard took a beating from Old Man Winter this year, it’s time to spruce up your home’s curb appeal. It’s a little cliché, but it’s true: Your home only has one chance to make a great first impression. If your property doesn’t appeal to buyers, they won’t get out of the car to come take a look, no matter what palace may await them inside. Now that it’s springtime, (0 comments)
real estate: What You Need to Know About Private Mortgage Insurance
- 04/16/15 01:07 AM
Everything You Need to Know About PMI Your monthly mortgage payment is more than just principal and interest. Many homeowners include their property taxes and insurance bills in their monthly mortgage payments, too. Some homeowners have one more charge rolled into their monthly payment: PMI, or private mortgage insurance. Don’t make the mistake of not factoring in your mortgage insurance payments when planning a move! What Is PMI? Though many homeowners pay PMI, few understand how it works. PMI is required on conventional loans when homeowners are not able to put down 20 percent or more. It is not required on FHA or (0 comments)
It may come as a shock to hear that the housing market in the Twin Cities is red hot right now. Especially since 2014 was a pretty flat year and companies like Renters Warehouse are running ads telling you how bad things are right now. This couldn’t be further from the truth! What I’m seeing on the ground locally, is an inventory shortage and multiple offers all over the place! I'm working day and night to get buyers in to see new listings as soon as they come (0 comments)