The state’s Cold Weather Rule, which offers protection to Minnesotans who fall behind on their heating bills, begins Wednesday Oct 15, 2008, but local utilities can disconnect the heat or electricity of customers who don’t follow all the rules, as happened last winter. Customers behind on their bills must contact their utility to set up …
What Is A Reverse Mortgage
What exactly is a “Reverse Mortgage” A “reverse” mortgage is a loan against your home that you do not have to pay back for as long as you live there. With a reverse mortgage, you can turn the value of your home into cash without having to move or to repay the loan each month. …
FHA loans
What does FHA stand for anyway? The Federal Housing Administration is an agency of the federal government. The FHA insures private loans issued for new and existing housing, and for approved programs for home repairs. The FHA was created by Congress in 1934, and in 1965 became part of the Department of Housing and Urban …
Fannie & Freddie Takeover
Over the weekend, the government announced that Fannie Mae and Freddie Mac were placed in conservatorship. This means that the two companies will temporarily be run by their regulator, the Federal Housing Finance Agency. The Fannie and Freddie Boards and Executive Officers were replaced, but employees were encouraged to stay. The stated objectives of this …
7 Ways To Know If You have The Right Agent
Does your agent ever fail to respond to your e-mail, questions, give advice when needed or fail to negotiate that perfect deal? There are several reasons you may or may not need to look elsewhere for the best real estate agent, here are the top 7 the way we see it. Part time or full …
Minneapolis – Are You At Risk Of Foreclosure?
Homeowners should call 311 for help at the first sign of foreclosure trouble Communities across the country are seeing dramatic increases in home mortgage foreclosures, and unfortunately that is true in Minneapolis as well. This situation has prompted the City of Minneapolis to take action and help residents stay in their homes and keep their …
Minneapolis Real Estate Market Conditions
What’s happening in the Minneapolis real estate market today? We have many buyers and investors looking to buy real estate in Minneapolis today with the changing and improving neighborhoods coupled with the low prices of the current market make it attractive for many. Minneapolis real estate currently offers homes in all styles, locations, conditions and …
Improving Neighborhood’s
Clean up properties to promote stronger, safer neighborhoods Thanks to $1.25 million in additional funding provided by Hennepin County, Minneapolis is beginning an accelerated effort on the North Side to improve neighborhood livability and encourage investment by demolishing the vacant and boarded properties that are unrecoverable and the most detrimental to neighborhoods. The demolition work …
Maple Grove Properties Available
As of 8/25 Maple Grove has a vast variety of properties for sale. Maple Grove is a very diverse area and still remains one of the Minneapolis suburb hot spots. If you’re looking in the Maple Grove area for real estate here is an idea of what you will find today. As of 8/25/2008 there …
Bottom Line Is Price
Price, one of the hardest & toughest subject in today’s market. Not all sellers and honestly not all agents understand that price is the end all if a property will sell or not. Not only does price affect if a property will sell it determines for how much and in what time frame. Yes, how …