Buying a Home

Gravity furnace? What is that???

Not long ago I showed a buyer a house with a gravity furnace and got the response I often get… what is that??? Often nicknamed an 'octopus' furnace because of...
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Old Highland Neighborhood… historic architecture, strong community, affordable prices

Old Highland Neighborhood is a Minneapolis community minutes from downtown Minneapolis and the North Loop neighborhood. Part of the Near North neighborhood, this is a strong community that many people...
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What happens at the inspection? Should the buyer be there?

Ok… you have negotiated the deal to buy your new home and signed the purchase agreement contingent upon inspection. So what happens next? Your purchase agreement dictates how much time...
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First Look Initiative gives homebuyers advantage over investors

If you are considering buying a foreclosed home you should be aware of the First Look Initiative on Fannie Mae, Freddie Mac and HUD foreclosed homes. This plan was initiated in...
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Why are townhouse and condo association fees sometimes so high?

If you are considering buying a townhome or condominium don't forget to consider the cost of HOA (homeowner association) fees as well as the purchase price when calculating your monthly payments. When qualifying for...
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Listings Needed!!!

The number of new listings entering the market last year was the lowest it has been since the turn of the century… down from a peak of 108,033 in 2006...
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Price-to-rent ratio tips towards buying rather than renting

As Twin Cities rents go up in in response to high demand and the lowest vacancy rates in 10 years some renters are starting to wonder if it finally makes...
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Why do some homes for sale say they won’t accept FHA financing?

If you are using FHA financing it's important to understand why some properties may raise red flags and not be approved for FHA financing even if the listing says they...
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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.