Archive for January, 2012
Home Warranties help sell homes
January 30th, 2012
Within the last few years Minnesota purchase agreements have added a section that allows the buyer and seller to agree on the purchase of a home warranty as part of the sale. The section on the contract is pretty simple. Basically it states if a home warranty is going to be purchased, who pays for…
Eight Factors affecting the sale of your home
January 20th, 2012
Below are the eight factors affecting both market time and the final sales price of your home. As you will see, most of the factors are outside of the control of you and your real estate agent. That is why it is so critical that you pay attention to the three factors that are controllable….
Changes to Mortgage Rules Bring Out Scammers
January 17th, 2012
Beginning last month, some homeowners who are “under water” with their mortgages can now refinance under the Home Affordable Refinance Program (HARP). However, the BBB warns consumers that banks and mortgage companies aren’t the only ones gearing up for the rush of applications. “Whenever there is a new or updated government program that may be…
Problems at closing may lay below that glass block on your entry
January 12th, 2012
In older homes, this glass block provided access to the well beneath. That scary room directly below was where the well was located. In most cases, these wells have since been sealed and abandoned as city services have been added to the neighborhood and wells are no longer necessary. Today when you sell your home…
It should be a good year to live in Plymouth, MN
January 7th, 2012
Recently I was viewing the latest article on The Best Places to Live put out annually by CNN and Money. It’s a big deal when a city gets listed as “one of the best places to live”. I’ve seen it advertised by both Plymouth and Chanhassen Minnesota that they were a best place to live….
The Westin Edina Galleria Hotel & Residences
January 4th, 2012
Nothing says upscale like Edina and Westin. Add the two together and you have the latest in upscale living at the Westin Galleria Hotel and Residences. Here’s some of the finer residences available for sale: Share this:
Taxable Market Value no longer Market Value
January 4th, 2012
Minnesota’s budget problems in 2011 brought about a new law that changed the Homestead Market Value Credit to a Homestead Market Value Exclusion. The long and short of this law is that if your property is homesteaded it lowers the market value of your home for tax purposes. So when you received your 2012 Proposed…
