Matt Ebbighausen's (mattebbighausen) Blog

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Real Estate Agent - iMetro Property
For those that say we are out of this housing crisis I'd really like to hear what makes a person think so... Here is why I feel we have a long road ahead of us still: 1.)  In May the "private business" sector added 13,000 across 50 states.  That is 260 private sector jobs per state. 2.)  The numb...
Chances are, you or someone you know in Burnsville, Lakeville, Apple Valley, Eagan, Bloomington, Shakopee, Elko New Market, Rosemount, or South Metro is facing the possibility of foreclosure. But you need to understand that you are not alone. Today, 1 out of every 6 homeowners in America is behin...
What's affordable about this program?  Is it really a modification program or just another program that's delaying the inevitable.  More than 85 percent of mortgage loans are now covered by the Obama administration's Home Affordable Modification Program.  A total of 47 loan servicers were partici...
The seven tips come from an analysis of academic research, multiple listings service data, and from information posted on various Web sites. 1. Don't overprice your property. According to a 2002 academic study of 3,490 listings, homes without a price reduction sold for 97 percent of the initial l...
With the current financial crisis and foreclosures becoming more prevalent their are many people that don't know where to turn, but there are options.  In August lenders performed roughly 79,000 loan modifications for home owners to help keep them in their homes.  So lenders are trying to be more...
Are you headed into foreclosure and don't know what to do? There are options out there for you.  Lenders are doing loan modifications for people or accepting less than what is owed on the mortgage (short sale) when the property is sold.  Lenders modified 112,353 first mortgages last quarter, a 56...
If you are a first time home buyer and looking for a home, you have to check this out!  You can not miss the Home Buyer Boot Camp being putting on.  Get into a great home with payments from $1,000-$1,500 per month.  Knowledge is power, get armed!  You will be prepar...
There are many people out there who are experiencing hardship and are not able to afford their homes.  At the same time they do now know where to turn and think they can not afford a real estate professional to help them out. That is false!!!!  You need a real estate professional!  You need a pro...
My team of real esate professionals proudly serves the communities of Lakeville, Prior Lake, Burnsville, Savage, Farmington, Apple Valley, Rosemount, Credit River, and Shakopee.  Whether you are looking to buy a home or sell, call me and I would be glad to consult with you and go over in detail b...
A short sale is when the bank agrees to accept an offer to purchase on a propepty less than what is owed.   In a short sale situation lenders usually take abot an 18% loss vs. a foreclosure wher they end up taking a 30-40% loss depending upon the condition of the property. With a short sale the b...

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