Buying a Home

What is the “Written Statement” in a purchase agreement?

When you are financing a home, the preferred option for securing the financing contingency is through a “Written Statement” deadline. This is essentially a letter from the lender stating a...
Read More

How to buy when you need the proceeds from selling your current home to buy your next home

It used to be fairly common to buy a home contingent upon the sale of your current home, but with such a shortage of homes for sale that is very...
Read More

Don’t overlook the importance of how the location of your dream home affects your life

I read an article in the Star Tribune on Sunday about a super cool house that the seller loved and didn’t want to leave, but the location just wasn’t well...
Read More

Weekly real estate market update 2/9/24… more listings make it easier to buy

Last week coming soon listings took a dramatic jump… this week they settled down (still higher than they had been) while new listings rose. Expect new listings to continue to...
Read More

The difference between buying and renting a home

It can be hard to make the decision to buy rather than continuing to rent, especially when interest rates started going up instead of down. Mortgage rates have come down...
Read More

Earnest Money… what is it, how much is it, can you lose it?

What is Earnest Money? Earnest money is a cash deposit submitted at the time of coming to an agreement to purchase a property that shows the home seller that the...
Read More

Weekly real estate market update 1/26/24… why homebuying is more affordable this year

Pending sales are rising, along with multiple offers and coming soon listings… even new listings are higher than they were last year at this time. Spring market is gearing up....
Read More

Weekly real estate market update 1/19/24 – have you considered new construction?

Activity is settling down after the post-holiday surge… the first blast of winter cold also doesn’t help. January is usually cocooning time as people settle into the winter and decompress...
Read More
1 2 3 103

Subscribe to Our Newsletter for Market Updates & Mid-Century Modern Listings

Our weekly HomesMSP Update includes current local market information and a curated list of mid-century modern properties for sale, plus posts from an inspector, a lender, a stager, info about neighborhoods, life in the Twin Cities… even recipes!

Hidden

Blog Categories

Archives

Sharon and John Hensrud

About Us

The HomesMSP Team is committed to meeting you where you are and listening… really listening to understand you so we can use our extensive knowledge of the market and local neighborhoods to give you personalized service.