Common Buyer Questions

Buyers often do not fully understand the role a real estate agent plays in the homebuying process. Here are answers to some common questions. Why use a Realtor to help me buy a home, can’t I just search online and visit open houses? Won’t that save me money? Searching online and visiting open houses is.

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Home Inspections for Home Sellers, Part One

If you’re planning on selling a home in the Minneapolis or Saint Paul area, there is a good chance you will need to have a home inspection done before you sell your house (possibly several).   There are two types of home inspections, private and city.  Today, we’ll talk about city inspections.  City inspections are required.

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Where do I begin? …for buyers

Whether you are buying your first home or any one thereafter, the process starts in the same place…assessing what is available for sale that fits your needs and how much you are financially prepared to spend on a home purchase. Buyers (over 80%!) often start by doing online searching, both looking at properties for sale.

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It’s a great time to buy a home.

There have been many mortgage guideline changes in recent months, but there is currently money available at relatively low, fixed interest rates for those homebuyers who want to take advantage of it.  The fact is that homebuyers currently have the opportunity to purchase a home at a lower price and pay a lower interest rate.

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Signs

As I reflect over the past week it seems that I have been seeing signs…    …signs that spring is coming in spite of the long hold winter has held on us this year. Thanks to our daughter-in-law and grandson for these beautiful Easter eggs, sure signs of spring. I have also been seeing some.

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Transitions

Transitions  occur throughout our lives, and often times also include changes in housing. For first-time homebuyers it’s often a transition from renting to owning your own home. Move-up buyers often need more space as their family needs grow. Then as children grow and move out needs change again. This empty nester stage often circles back.

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Spring is here!

I think it’s a few minutes before it’s officially spring, but this is close enough. I looked for a bouquet of daffodils, which have been my sign of spring from way back but they don’t seem to sell them anymore. I opted for a bouquet of daisies, which also make me smile. Too bad short.

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Short sale musings…

Yesterday morning I was out looking at homes with a buyer ( in the falling snow!) and at least half of the properties we saw were short sales or foreclosures. In fact, my buyer found one she liked and considered making an offer…until I called and talked to the listing agent. We learned that it.

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I Love Crate & Barrel

The new Twin Cities Crate & Barrel store opened last Thursday and we visited for the first time on Saturday. It was awesome…and extremely busy! I must admit I have a special interest in addition to loving the store…our son is the designer for the new furniture store and we’re mighty proud of him. Judging.

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The Waiting Game

The media has been talking plenty about the effect of foreclosures and short sales on housing market prices…it was on the front page of the Star Tribune again yesterday. While they may come with bargain prices, they also have a flip side. They are often in poor condition, which means your new home could become.

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The Silver Lining

One of the big reasons for the current state of our real estate market has been declining affordability. With home values outgrowing income almost three-to-one from 1992 to 2005, it should come as no surprise that it was unsustainable. While people often refer to our current market as a ‘down’ market because of declining values,.

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