The Armatage neighborhood of Minneapolis, named after Maude Armatage (the 1st
woman elected to a Minneapolis municipal office)
is located in the southwest corner of Minneapolis.
Homes in Armatage were mostly
built after WW2 during a building boom that saw former farm fields turned into
a neighborhood that stretches south to Highway 62. Skipping across the highway
is the 1st tier suburb of Richfield
Retail space in Armatage is
largely clustered along Penn Ave. What was once small grocers, hardware stores
and gasoline stations has evolved into quaint coffee shops and cozy restaurants
like CafÃ© Maude â€“ named of course after Maude Armatage.
For more about Maude Armatage, see this article in the Southwest Journal.
Much has been written about
the importance of a high credit score when buying a home. But less known is how
insurance companies are increasingly using credit scores to determine rates for
homeowners and auto insurance.
If youâ€™ve bounced a few
checks or missed credit card payments, insurers might believe that you wonâ€™t
pay them either. And insurers also believe that those with poor credit are more
likely to have accidents which cause the filing of more claims. So if your
credit is iffy, count on insurers charging you a premium rate â€“ if theyâ€™re
willing to insure you at all.
When my auto insurer started
using credit checks to determine my rates, the payments went down! So the
insurance industry use of credit scores is truly a double edged sword.
Hidden away in the recesses
of the internet is a website that is a â€˜must readâ€™ for consumers who are
considering buying a home in Minneapolis.
The site is the City of Minneapolis
Property Info page.
Whatâ€™s so special about this
With it you can access recent
â€˜Truth in Sale of Housingâ€™ reports, inspection permits, special assessments and
thereâ€™s even a link to Hennepin
County tax records.
With a copy of a â€˜Truth in
Sale of Housingâ€™ Report in hand, you can be a more informed consumer when
looking for the â€˜perfect homeâ€™.
As an agent, I always check
Truth in Sale of Housing and inspection permits BEFORE going to a listing. This
can often tell me whether itâ€™s worth my gas money (and the clients time) or
whether there is an unfound gem just waiting to be found.