Condos-Townhouses

Your home and community as healing places

I immediately resonated with one of Krista Tippett's latest podcasts on "The Science of Healing Places" with Esther Sternberg. She is working in the field of scientifically documenting how certain...
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The Wayzata Promenade… like the Edina Promenade, this new development scores high in walkability and Baby Boomer livability

It is hard to miss the massive building project taking place on the site of the old Bay Center Mall as you enter the small, picturesque community of Wayzata on...
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FREE Coffee and WiFi at Wayzata’s MainStreet Gourmet Bakery

Unlike the many shops that sell coffee and have a few pastries on the side, this self-proclaimed "old style bakery" serves delicious baked goods… and offers FREE  coffee to go...
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What does “Sold subject to statutory rescission” mean?

When you buy a condominium or townhouse or cooperative governed by a Home Owners Association  (HOA), Minnesota state law gives you the right to review information from the association regarding...
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How’s the condo market doing?

It was good news to hear that last month the condo market segment showed the highest year-over-year median price increase when compared to townhomes and single family houses. Condos were...
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Is your association’s repair/replacement plan fully or partially funded?

Although Minnesota has required that condominium and townhouse associations include reserve funds in their budgets since 1994, it is only since 2012 that they have been required to have a...
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What is the difference between a condo and a co-op?

You can't tell whether a property is a condo or a co-op by looking at it. Both condos and co-ops can be old or new… and are both 'apartment units' in a...
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Planning to buy a condo with FHA or VA financing? Find out which ones are approved!

Did you know that not all condos are approved for FHA or VA financing? That's right… in order to qualify for FHA/VA financing a condomimium project must be on their pre-approved list. If...
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Sharon and John Hensrud

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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.