Category Archives: Foreclosure Info

The Foreclosure Process in Minnesota

foreclosure process

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.

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

House For Sale Sign

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.

A Brief Explanation of Foreclosures

Head of Hammer

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 up…

Steven Hong Steven has been working in the real estate business for over 8 years. He began his career by obtaining his license for the sole purpose of purchasing investment properties. Now, 8 years later, he still has no investment properties but has helped many homeowners with their purchases and sales. Prior to real estate, Steven had worked in the IT industry, with many years of programming experience, as well as technical support experience. He loves answering computer questions, just try him! Steven is also an accomplished photographer. He marries his love for photography with real estate and shoots many homes for many other agents. You can visit his real estate photography website here. 952-915-2252