west savage mn: Tax Credit Might be for Existing Homeowners - 11/04/09 05:59 AM
By Sara Huebener
Some popular news is being discussed in the real estate industry these days.  Chris Galler, a highly respected former colleague of mine from my days at the REALTOR Association, frequently puts out information to local REALTORS covering timely topics.  Here is one that might be of interest to ALL West Savage homeowners:
The First Time Homebuyer Tax Credit is set to expire on November 30 of this year.  Right now, the House and the Senate are modifying the tax credit to include the following alterations.   Stay posted to our blog where we will be notifying homeowners if and when … (0 comments)

west savage mn: Short Sales - They're Everywhere. What Does This Mean, Exactly?? - 02/15/09 11:18 AM
By Sara & Chad Huebener
Short sales - we are hearing more and more about them, as well as foreclosures.  What exactly is a short sale and how does this differ from foreclosure? 
A short sale is the sale of real property where the value of the property is less than the outstanding mortgage and other liens against the property.  The mortgagor (owner) must typically demonstrate financial hardship in order for the bank to accept a short sale, and often times, must have missed payments.  The bank, through its loss mitigation department, agrees to accept less than the outstanding loan balance, and the … (0 comments)

 
Chad & Sara Huebener (Edina Realty)

Chad & Sara Huebener

Savage, MN

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Edina Realty

Office: (952) 212-3597

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