Minneapolis – St. Paul Real Estate Information

Home Buyers Tax Credit Extension

The first-time home buyers tax credit has been extended. It also has been expanded to include existing home owners. First time home buyers can still get up to $8000 and existing home owners can get up to $6500.
For existing home owners, you must have used the current house as primary residence 5 of the past [...]

One House you don’t want to miss!

This is one house in South Minneapolis that you don’t want to miss! So much has happened here that it is easier to list the things that have not been updated. But since I’m using recycled electrons for this webpage, I’ll try to list everything that has been updated.
Let’s start off with the exterior. From [...]

Who Says Nothing is Free?

This is Minna here, and I have some exciting news. There is an old adage that says, and I paraphrase, that nothing in life is free. While this is mostly true, I have found an exception. Remember when I blogged about the $7,500 tax credit, which was more like. a zero-interest loan? Well, the government [...]

$8,000 Free Cash!!!

That should get your attention.  The government is giving cash to home buyers! Now, there are some stipulations, but if you meet the criteria, you can get $8,000!
This is part of the Economic Stimulus package that was signed into law this week by President Obama. First-time home buyers can claim an $8,000 tax credit on [...]

New Home Search Available

We’ve made some system changes to bring you the best home search on the market.  We welcome you to sign up for free and to look at houses on-line.  You can:

Save favorite homes
Reject properties
Take notes on individual houses
Send notes to significant others, spouses, and friends from within the system
Much more

Just sign up at http://StevenHong.ListingBook.com and [...]

The Ideal Time to Buy

If you have been mulling over the idea of buying a house, you might want to stop mulling and start looking. We have discussed this in several past blog articles, and I hope I am preaching to the converted.
Now is the ideal time to buy a house. I am not mincing words because truly, there [...]

First-Time Home Buyer Tax Credit

It’s a great time to buy a Minneapolis house.  I know, I’ve said this several times before, but I really want to emphasize the point.  Interest rates are at an all-time low, and even better, the government wants to help first-time home buyers with a tax credit.  Here’s the deal.
If you have bought a new [...]

Are You Ready to Buy a Home?

Factors to Consider Before Purchasing a Minneapolis Home
There are many factors in determining where or when you buy your first home, but first ask yourself these questions:
Do you have a steady source of income (usually a job)?
Have you been employed on a regular basis for the last 2-3 years?
Is your current income reliable?
Do you [...]

Single Women and Home Buying in Minneapolis

In the 1970s, women were regularly denied loans for houses and even for their own credit cards.  It was assumed that their husbands would be the main breadwinners, or if they didn’t have husbands, they didn’t have enough money for things like buying houses.  Now, some thirty-plus years later, single women are buying houses in [...]