home equity: Real Estate Word of the Day: Equity - 09/24/13 05:31 AM
From time to time I will be working with  home buyers and be struck by the confusion in their eyes when I talked about escrow or earnest money. These can easily be confused with other real estate and mortgage terms like down payment or cash to close. This confusion is a reminder that simple terms I use everyday as a REALTOR® might be unknown to others. It is totally understandable because most homebuyers do not buy houses everyday.
 
There are so many terms that could possibly confuse a first time home buyers and repeat home buyers alike, that I thought an online … (4 comments)

home equity: First Time Homebuyer’s Real Estate Word for Today is Equity - 10/01/10 04:29 AM

Last week a friend mentioned a new company had opened in the Minneapolis/St. Paul area but later realized it was just Fair Isaac had changed its name to FICO. 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. But I hadn't realized that few outside the real estate and mortgage industry have made the leap that FICO is an acronym for the Fair Isaac Corporation. Once again, I was a bit surprised that such a simple term I use everyday as a REALTOR® would … (4 comments)

home equity: Closer Look at Twin Cities Foreclosure/Short Sale Market—Homeowners Retain More Equity - 06/18/08 05:02 AM
Most media reports have been exclaiming the double digit drop in housing values in the Minneapolis/St. Paul metro area since the beginning of 2008. The RMLS numbers showed a drastic decline in the values of homes from Anoka to Ramsey to Washington Counties. It seemed that no area in the 13 county Twin Cities metro area was completely immune to the pressure the reported up to 2% foreclosure rate was putting on the housing market.The numbers are staggering when looked at as a whole...but what if the foreclosures and short sales could be filtered out? Reality is that in most areas … (23 comments)

 
Teri Eckholm, REALTOR Serving Mpls/St Paul North & East Metro (Boardman Realty)

Teri Eckholm

REALTOR Serving Mpls/St Paul North & East Metro

White Bear Lake, MN

More about me…

Boardman Realty

Address: 213 E 4th Street, 4th Floor #426, St Paul, MN, 55101

Mobile: (651) 336-7073

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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