Minneapolis – St. Paul Real Estate Information
If you are looking at a specific house, and want to find out more information than what is on the MLS system, there are free resources that will allow you to find out things such as structure information, assessments, whether the property is in foreclosure, and more. This is public information, and much of it [...]
Posted on June 30th, 2008 by Steve Hong
Filed under: Buyers | No Comments »
In the Minneapolis / St. Paul and suburbs, the typical process for a foreclosure goes something like this. Upon missing the first mortgage payment, the bank sends a nice, friendly letter reminding them of a missed payment. After another one or two missed payments, the letters get a little less friendly. After 4 or 5 [...]
Posted on June 27th, 2008 by Steve Hong
Filed under: Buyers, Foreclosures | No Comments »
Here’s a wonderful cottage in Arden Hills that we’ve just listed for sale. It is cute as a button, and totally ready to move in. Everything in this home has been lovingly cared for. So much love and care has gone into this house. Contact me if you want more information.
Posted on June 26th, 2008 by Steve Hong
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The Star Tribune just published an article on having a shorter commute. Here’s a link. I’m in agreement on living in the city. I currently live in a great neighborhood of South Minneapolis with great neighbors, a wonderful character-filled house, and lots of closeby amenities. We can walk to two different parks within 3 blocks, Minnehaha [...]
Posted on June 21st, 2008 by Steve Hong
Filed under: Buyers, Conservation | No Comments »
How can you decide on which vehicle is best for you? Is Miles Per Gallon a good way to compare vehicles?
Maybe. Looking at Miles Per Gallon will give you an indication of how efficient a vehicle is. There is one downside, however. When you compare a car that gets 35MPG vs one that gets 48MPG [...]
Posted on June 20th, 2008 by Steve Hong
Filed under: Conservation | No Comments »
No, I didn’t spell CD-ROM wrong. CDOM stands for Cumulative Days On Market. Well, ok. What does that mean? And why do you want to know?
CDOM is the total time the house has been on the market since it was originally listed. Here’s an example. Let’s say the homeowners put their house on the market in September, October, [...]
Posted on June 19th, 2008 by Steve Hong
Filed under: Buyers | 1 Comment »
What is OLP? In South Minneapolis, we know it as Our Lady Of Peace, a church and school. But OLP in the real estate sense stands for Original List Price. The quick definition of Original List Price (OLP) is the price that a home is listed at when it is offered for sale. This price [...]
Posted on June 15th, 2008 by Steve Hong
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We’ve got some character-filled homes in Minneapolis, so much so that I’ve dedicated a website entirely to the subject. I’ll be writing more about these old-style houses on this blog as well. But for now, please visit http://www.HousesOfMinneapolis.com and be sure to leave a comment!
On that website, Houses of Minneapolis, we refer to older character [...]
Posted on June 9th, 2008 by Steve Hong
Filed under: Character Homes | No Comments »
With gas prices here in Minneapolis approaching $4.00 per gallon, we all are thinking of ways to save gas. Whether it is buying a hybrid car, or just driving less, saving gas is not only helping the planet, but also our pocketbooks. In real estate, we drive between many houses whether it is with buyers [...]
Posted on June 5th, 2008 by Steve Hong
Filed under: Conservation, Market Trends | No Comments »
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