buying a minnesota home: Today's Real Estate Term--What is a Buyer's Agent?
- 01/08/18 10:00 AM
Buying a home is not an every day event. The average person purchases real estate once every eight years .Whether you are a first time buyer or someone who hasn’t purchased a home for several years, sometimes a refresher on real estate terms can be very helpful. I often notice my Minneapolis/St Paul buyers (and sellers) with a glazed look on their face when certain terms come up so I thought an online real estate glossary would be helpful. The real estate term for today is: Buyer’s Agent An individual contracted by the buyers to represent them in the purchase … (1 comments)
buying a minnesota home: Should I Buy or Rent a Home in 2014? Tools to help Answer the Question
- 01/08/14 11:43 AM
January is a time for making resolutions, decisions and taking stock of one's life. It is a time when many resolve to make a change for the better or their future. It is no wonder there is an uptick in real estate activity the first week of any new year. Finances are one of the things many resolve to put in order and since housing expense is one of the biggest part of any budget, it follows suit that many consider the age old question, "Is it better to buy or rent a home?" Why should anyone consider buying a home? … (3 comments)
buying a minnesota home: Let Jack Frost Nip Your Nose—Winter IS a Great Time to BUY a Home!
- 12/09/13 11:23 AM
Brutal subzero temperatures came early to Minnesota this year. This is the first time in nearly 20 years the Minneapolis/St Paul metro has had to deal with bone chilling weather in December. Add a fresh blanket of snow covering the landscape from North St. Paul to East Bethel and Lino Lakes to Scandia and most home buyers will jump in bed and cover up their heads until spring. But wait, winter is not the time to hide from the elements if you are pre-approved and ready to buy a home. Although making a move in a Minnesota winter’s … (4 comments)
buying a minnesota home: Found Your Dream Home? Don't Forgo the Home Inspection!
- 09/13/13 06:28 AM
Yea!! You just found home the perfect place to call home—Your DREAM HOME! As you sit with your REALTOR® to write up your offer, she asks, “Do you want to do an inspection?” And suddenly, all reason and goes out the window because you answer, “Inspection? Do we really NEED an inspection? The house looks perfect!” As a REALTOR® representing clients throughout the north and east Minneapolis and St Paul metro, I am surprised when someone opts to forgo an inspection. Buying a home is the single most important purchase most people will make in their lives. It is important … (17 comments)
buying a minnesota home: It's a GREAT Time to Make a Deal on a Minnesota Lake Home!
- 08/08/13 01:55 AM
Early this spring, I was contacted by a potential seller on Coon Lake in Anoka County. They were contemplating listing their lake home but hadn’t quite decided if this was the year to make a move or not. I completed a market analysis for their beautiful home and property. The current activity really spurred my interest in that area so I have been keeping close tabs on that market ever since. It was simply amazing to me how affordable lakeshore was in the north and east Twin Cities metro even as prices on homes were rising. It should have been … (0 comments)
buying a minnesota home: Real Estate Word of the Day: Easement
- 06/24/13 01:54 AM
I was talking to an old friend recently who mentioned new company had moved into Minneapolis/St. Paul area named FICO. I was taken aback by the confusion because most people living in the Twin Cities north metro are aware the business analytics company, Fair Isaac Corporation, has been located in Shoreview for decades. So the "new" company was just Fair Issac being renamed as it's acronym, FICO. But it was eyeopening that few outside the real estate and mortgage industry may have made this connection. Once again, I was a bit surprised that such a simple term I use everyday … (0 comments)
buying a minnesota home: Real Estate Resolutions for Home Buyers, Sellers & Homeowners for 2013
- 01/06/13 03:15 AM
As 2012 came to a close the media was continuing to exalt the good news of a strengthening real estate market in the Minneapolis St Paul area. Home sellers that have their houses priced right are seeing multiple offers again. Home buyers hoping to take advantage of the extremely low interest rates are starting to struggle to find the perfect new home. Many were confused because the internet sites are full of affordable listings but time and time again when their agent checked availability of the “PERFECT” home, it was “under contract waiting for third party approval”. Yes there are still … (3 comments)
As we enter 2013, it is always wise to take the pulse of the current market. Here are a few quick facts to show how Minnesota's real estate home buyer compare to buyers on the national market. In the 2012 Profile of Home Buyers and Sellers complied by the National Association of REALTORS®, there were a number of interesting facts about our local Minnesota market. When information is reported by the media, it is often the national averages. But real estate is local. Here are few more facts about Minnesota Home Buyers from the 2012 report: Facts about the … (2 comments)
buying a minnesota home: First Time Homebuyer’s Real Estate Word for Today is Truth-In-Housing
- 03/04/12 04:19 AM
First Time Homebuyer Word Truth in Housing In a past episode of Cash Cab, an Emmy award winning television game show, a taxi full of contestants with stumped by the acronym, FSBO. As a REALTOR® in the Minneapolis/St. Paul north and east metro, I was a bit surprised “For Sale By Owner” eluded them. That is until I remembered the times a glazed look came over my buyer’s eyes when I mentioned escrow and earnest money. These real estate terms are easily be confused with other real estate financial terms like down payment or cash to close. It became apparent … (2 comments)
Theresa "Teri" Eckholm/Boardman Realty assists Minnesotans to find their way home with helpful tips and quality service. Dedication to customer service has made Teri the REALTOR® of choice for families in Blaine, Forest Lake, Ham Lake, Lino Lakes and Wyoming areas. Licensed in MN.
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