Everyone I talk to who is involved in buying or selling homes talks about how crazy the market is this year! Inventory is the lowest in 20 years and with most showing appointments not overlapping, even getting in to see a property when it is newly listed for sale can be a feat. The StarTribune.
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Fannie Mae and Freddie Mac are making some major changes when it comes to purchasing a 2nd home or an investment property. Freddie Mac is lowering their maximum loan to value for 2-4 unit properties under the Home Possible program. Effective with all loans delivered to Freddie Mac on or after April 1, 2021, the.
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“Life is a ticket to the greatest show on earth.” – Martin H. Fischer NOTE: I spend my Wednesdays Unplugged from appointments. It’s my day to stay home, enjoy cooking and welcome our kids and grandkids for dinner in the evening. We end our meal with quotes from the Norwegian ‘Quote Cup’ passed on to me from.
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This is part three in a multi-part series of How to Inspect Your Own House. In part one, I covered how to inspect your own roof and chimney. In part two, I covered the inspection of the exterior water management, which is one of the most critical parts of preventing major water damage to a.
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In this past Covid year of isolation any excuse to get outside has been welcome. Our son’s family has enjoyed Geocaching as a way to get out and explore the wealth of parks in our metro area. We joined them over the weekend at Sochaki Park in Golden Valley. This park is part of the.
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Showings this week were again eerily close to what they were last year right before we went on pandemic lockdown. Pending sales are also staying on track with last year, but new listings are lagging behind. The good news is coming soon listings are strongly ahead of last year, which can hopefully help take up.
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Securing the winning bid for a home is an exciting feat for any homebuyer in this crazy year of low inventory and high competition… but some wins are more exciting than others. My clients were thrilled to be able to call this Paul Enghauser designed home in Golden Valley their own. It is one of.
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One of the questions I get asked frequently is where are interest rates today? Are they going to go back down? Let’s look at where interest rates have been over the last few years! How Upset Should You Be about 3% Mortgage Rates? Last Thursday, Freddie Mac announced that their 30-year fixed mortgage rate was over 3% (3.02%).
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“Be safe, be smart, be kind” – Dr. Tedros Adhanom Ghebreyesus, WHO Director General, in the first months of the pandemic NOTE: I spend my Wednesdays Unplugged from appointments. It’s my day to stay home, enjoy cooking and welcome our kids and grandkids for dinner in the evening. We end our meal with quotes from the Norwegian.
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With today’s ridiculously competitive real estate market, many home buyers are forgoing their rights to a home inspection in order to make their purchase offer more attractive. Of course, I don’t advocate doing this, and most real estate agents don’t like doing this either, but the market is forcing these compromises, in Minnesota and across.
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So many times when I am working with client’s to get their home in top selling condition, they have done updates and upgrades to many areas of their homes but have not touched their master bedroom. The kid’s bedrooms are super cute and decorated but the master looks like they have just moved in. The.
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Showings are still about the same as they were last year at this time before the pandemic lockdown… but it is more frenetic this year because inventory is about half what it was last year and showing times are restricted. Because of Covid-19 most properties now allow only one party in at a time, while.
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Selling and buying and moving to another house can be challenging any time… but in 2021 it is harder than ever because of the severe shortage of homes for sale. Inventory is the lowest in recorded history but sales continue to increase. Actual number of showings is about the same as last year, but with.
Read More Many of my clients want to buy a home with no money down – or very little! For first time homebuyers, that can be an option. For some USDA or VA loans are options to allow you to buy with zero down! For others, down payment assistance is possible. Is a $0 down mortgage an.
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“The events of 2020 taught me just how precious hugs are – and that I’ve grossly underestimated their value.” – Sharon Zlewski NOTE: I spend my Wednesdays Unplugged from appointments. It’s my day to stay home, enjoy cooking and welcome our kids and grandkids for dinner in the evening. We end our meal with quotes from the.
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