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Derrick Monroe Group

Real Estate in the Western Minneapolis Suburbs

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Derrick Monroe

Credit Score, What Really Matters?

July 9, 2008 //  by Derrick Monroe

There seems to be a lot of confusion about what does and doesn’t hurt your credit score out there being tossed around and much of it is by mortgage pro’s. Let me begin by saying that I’ve worked with many top notch loan officers who really knew their stuff and kept up to date, not …

Category: Mortgage & Home Loans

Tips On Selling A Vacant Home

July 7, 2008 //  by Derrick Monroe

This summer, as it becomes a popular time for homeowners to begin preparing their homes for sale, The Derrick Monroe Group encourages you to do some crucial steps to make sure the most important first step takes place before buyers make the decision to view your home. Most homeowners think all they have to do …

Category: Seller Information

What About The Deficiency Amount?

July 2, 2008 //  by Derrick Monroe

I was on an appointment last night that went into a short sale conversation based on the owners position, the question that came up was “If I sell for less than what is owed using a short sale what about the deficiency balance left, who pay’s that or am I responsible?”.  Great question so I …

Category: Foreclosures & Short Sales

Wright – Hennepin County & Minneapolis Real Estate Update

July 1, 2008 //  by Derrick Monroe

With the 2008 year at a half way point it’s a great time to look at the local housing market and see where we are.  Even if you’re not selling or looking to buy Real Estate now, it’s still a good idea to keep educated and understand where your equity position is at. The two …

Category: Seller Information

Selling in today’s market? What you need to know!

June 24, 2008 //  by Derrick Monroe

The news is full of opinions on the down market, the bubble burst and screaming buyers market on a daily basis. Does this mean sellers are out of luck? NO. Sellers can still achieve a good sales price and buy up and save. The main question is how? How does one sell in today’s real …

Category: Seller Information

Rockford Market Stats March-April-May 2008

June 19, 2008 //  by Derrick Monroe

Rockford real estate market report for the month’s of March, April and May 2008 compared to same time-line in 2007 has been both up and down.  Here is the information on the stats pulled from a reliable data source that shows the average home sale price and the change up or down between 2008 and …

Category: Rockford Real Estate

The Home Buying Process For First Time Buyers

June 18, 2008 //  by Derrick Monroe

With the 2008 real estate market comes it’s reward’s and negatives. The rewards of a market like 2008 is home buyers who could not afford to buy their first home are fast becoming home owners. If you have been saying “I want to buy my first home” now may be the time you were looking …

Category: Buyer Information

Blaine Property Re-evaluation (612)-282-7653

June 16, 2008 //  by Derrick Monroe

State law requires that all taxable property be physically inspected and individually appraised once every five years.  Appraisers from the Anoka County Assessor’s office have begun work on the 2008 re-evaluation for the 2009 assessment and will be visiting properties up for review between now and the end of the year.  For convenience purposes, a …

Category: Blaine Real Estate

Short Sale Timeline?

June 13, 2008 //  by Derrick Monroe

Many sellers are now in a short sale situation and for this it’s needed more than ever that we explain the possible timeline to our buyer’s when they decide to write on such a property. We have found all banks are not the equal, some banks are quicker than others but on average from the …

Category: Foreclosures & Short Sales

Current Housing Condition’s Of Rockford

June 12, 2008 //  by Derrick Monroe

Rockford started out many years ago around 1855 with the first settlers George Ames and Joel Florida. Over they years the Rockford real estate market has been growing from both mobile home parks being introduced to housing developments such as Maplewood Manor, Autumn Oaks, Woodhill addition, River Oaks and more. The Rockford housing market has …

Category: Rockford Real Estate

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The Derrick Monroe Group
Broker – Lakes Area Realty
8010 Highway 55
Rockford, MN 55373
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Recent Blog Posts

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Why The Derrick Monroe Group Trusts FinalTone Painting for Our Real Estate Clients At The Derrick Monroe Group, we know that one …

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