Category Archives: Sellers

46% Underwater

46% Underwater

It is being reported that roughly 46% of Twin Cities single-family homeowners are underwater, which is an increase from 42% last year. This is being reported from Zillow. But what do they know anyway? Take a look at these two listings from Z. The data, according to the big-Z was updated in Feb of 2011.Read More…

The Foreclosure Process in Minnesota

The Foreclosure Process in Minnesota

There are two types of foreclosures that are commonly used around the country, Foreclosure by Advertisement and Judicial Foreclosure. In Minnesota Foreclosure by Advertisement is the process that is usually used.Read More…

Homeowner Consequences for a Successful Short Sale Vs. a Foreclosure in Minneapolis

Homeowner Consequences for a Successful Short Sale Vs. a Foreclosure in Minneapolis

I have written previous articles defining short sales and foreclosures.  I will now compare the consequences to a homeowner of a foreclosure versus those of a successful short sale.Read More…

A Brief Explanation of Foreclosures

A Brief Explanation of Foreclosures

These days, you can’t read the headlines without noticing that there are many foreclosed homes around the country.   Since it is so prevalent, we thought it would be best to offer a brief explanation of how the foreclosure process works.  First of all, a little clarification.  ”In foreclosure” is the process that leads upRead More…

A Brief Look at Short Sales

A Brief Look at Short Sales

These days, in real estate, the term short sales is frequently heard.   What is a short sale, you may wonder.  Well, let me explain it to you by giving you an example.  Let’s say you bought a house two years ago with a mortgage of $200,000.  Let’s say you’ve paid of $5,000 of theRead More…

How to Enjoy the Fruits of Your Labor

How to Enjoy the Fruits of Your Labor

You’re selling your house.  It’s a big process, and you aren’t sure where to start.  You need to price it correctly; you  need to get it in tip-top shape for all the showings; you need to fix up a few things.  Now, many people think of the last item last.  In fact, many people putRead More…

The Benefits of a Professional Opinion

Selling a house is time-consuming and hard work, especially in today’s market.  If you are thinking about selling your house, you might feel a little overwhelmed by it all.  That’s why it is helpful to have a professional by your side–one who can guide you every step of the way.  In this blog entry, IRead More…Read More…

What are Agency Relationships?

There is a term in real estate that describes what type of relationship a buyer or seller could have with an agent.  This term is agency.  Each state has different agency relationships, and Minnesota state law requires us to disclose the types of agency relationships that usually occur in our state.  This agency relationship form shouldRead More…

Looking to Sell Your Home?

We’re experiencing some serious pangs here in the Minneapolis real estate market as, of course, are most markets around the country.  As a result, it’s a great time to buy a house, but it’s not such a good time to sell a house.  The market is soft, and people are tightening their belts.  In additionRead More…

Pep Up My Minneapolis Home!

Minneapolis House Curb Appeal This is Minna, blogging about renovations for your Minneapolis home.  If you are trying to sell your house, you’ve no doubt been told to renovate on the inside.  Redo the kitchen, paint the walls, put in new carpeting-these are all mantras of the eager-to-sell set.  These are good ideas that willRead More…