55124 : Advice

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John and Bec…, Real Estate Pro in Woodbury, MN
John and Becky Durham, MS, MS answered:
I want to list my home for sale by owner. How do I do that?
Trulia doesn't allow FSBO. It's understandable to think you can get a better return on the sale of your home with FSBO. Did you know that the research is pretty clear that home owners ... more
0 votes Share Flag Fri Jan 23, 2015 Home Selling in 55124
Jessica Lowe, Real Estate Pro in Saint Paul, MN
Jessica Lowe answered:
How much will taking out a 3rd bedroom hurt my home value?
Hi August- I see everyone else has voted to keep the 3rd bedroom. I agree. People tend to look for at least three bedrooms even if they don't need them. If you can list your home as a 3 ... more
0 votes Share Flag Fri Jan 23, 2015 Remodel & Renovate in 55124
Jay Dacey, Real Estate Pro in Minneapolis, MN
Jay Dacey answered:
Anyone out there willing to work with us?
Let me know if you'd like a second opinion on qualifying for a mortgage. Feel free to submit an application online at www.jaydacey.com/application or give me a call and we can take a l ... more
0 votes Share Flag Mon Jul 7, 2014 For Rent in 55124
Brad & Jill…, Real Estate Pro in Apple Valley, MN
Brad & Jill Lacher answered:
In this slow market, is hiring a professional to stage our home when it comes time to sell advised?
Do not hesitate to seek the services of a professional home stager. If staging a home is not common in your area, that is even more reason to hire a professional. They can make your hom ... more
0 votes Share Flag Sun Mar 23, 2014 Home Selling in 55124
Brian Sundbe…, Real Estate Pro in Saint Paul, MN
Brian Sundberg answered:
I am looking to purchase my first investment property to hold and rent out. I am looking for a realtor who is experienced and preferably specializes
I would love to help you. I have experience in investment properties and rentals.
Brian Sundberg
bjsundberg@cbburnet.com
612.309.2702
0 votes Share Flag Thu Jan 2, 2014 Home Buying in 55124
Gail Strom, Real Estate Pro in 55044
Gail Strom answered:
What is a Short Sale?
It's very basic but the ways they are accomplished vary. They are similar to a standard listing up front but when the contract is agreed between buyer and seller, this is when the real ... more
0 votes Share Flag Thu Jan 2, 2014 Home Buying in 55124
Gail Strom, Real Estate Pro in 55044
Gail Strom answered:
Should we allow the seller's realtor to represent us when purchasing a home, as well as sell our existing home?
You answered your own question when you said that you feel uncomfortable. If you're still hesitant you should understand the pros and cons of dual agency. Every situation is different a ... more
0 votes Share Flag Thu Jan 2, 2014 Home Buying in 55124
Gail Strom, Real Estate Pro in 55044
Gail Strom answered:
What are the rules for short sales? Trying to buy a townhouse in Apple Valley but don't hear back from bank.
Hi Geri,

You're question is quite old but for anybody else considering a short sale, there are no rules! Well, the banks do have guidelines and requirements for accepting short sales ... more
0 votes Share Flag Thu Jan 2, 2014 Home Buying in 55124
Stephen Fitz…, Real Estate Pro in Portland, OR
Stephen FitzMaurice, Realtor answered:
Planning on buying a twin home, but does not have Home Owners Association?
Yes you can get home insurance without HOA from what I hear. Some banks give out loans for these types of properties - just not all. You'll have to check around with an expert local mor ... more
0 votes Share Flag Thu Jan 2, 2014 Home Buying in 55124
Fred Herman, Real Estate Pro in Staten Island, NY
Fred Herman answered:
What is the best way to determine whether the sale price of a home is a good buy?
the same way you do when buying a TV. shop around. see what you can get for your money.
0 votes Share Flag Thu Jan 2, 2014 Home Buying in 55124
Gail Strom, Real Estate Pro in 55044
Gail Strom answered:
Building a new home, how does the lot get purchased?
Drmosses- I've represented 12+ builders since 2002 and have marketed lots, new homes, and any combination of these. Here are a few things you WILL come across just driving through new h ... more
0 votes Share Flag Wed Dec 4, 2013 Home Buying in 55124
Gail Strom, Real Estate Pro in 55044
Gail Strom answered:
should a home seller offer a flooring allowance on a finished lower level of a home ? or try picking out
You may not pick the absolute best carpet for the future homeowner but you can easily find something neutral that will help the home to sell, which is the main objective. While buyers l ... more
0 votes Share Flag Sun Nov 24, 2013 Home Selling in 55124
Gail Strom, Real Estate Pro in 55044
Gail Strom answered:
How can I rent with crappy credit?
Mindy,
Finding a rental with poor credit is challenging but not impossible. Your criteria may be up for grabs a bit but again, it's possible. The thing to keep in mind is that you shou ... more
0 votes Share Flag Sun Nov 24, 2013 Rentals in 55124
Nate Gerard, Real Estate Pro in Stillwater, MN
Nate Gerard answered:
Investment Property Property Insurance question. I am going to be purchasing an investment property to rent out, can anyone give me a approximation on
Hi Leah,

I'm a bit late but I thought I would answer. Firstly, try using the same insurance agent who you use for your current home and auto. There are discounts available and a ... more
0 votes Share Flag Tue Feb 8, 2011 Rental Basics in 55124
Brenda Feria, Real Estate Pro in 23233
Brenda Feria answered:
I am a Realtor in Apple Valley (3 years). Is there any insight as to why buyers are not interested in having agent representation?
Greed and distrust are the reasons. Buyers think that they can save commissions by dealing directly with the listing agent, when in all realty, they will be paying the same, without re ... more
0 votes Share Flag Mon Jan 3, 2011 Home Buying in 55124
Michele Mato, Real Estate Pro in Lakeville, MN
Michele Mato answered:
Buy townhouse without HOA fee ?? How?
There is a small townhome complex in Apple Valley that I know of with no association dues. The association went bankrupt and there are no banks that will finance a townhome without an ... more
0 votes Share Flag Thu May 21, 2009 Home Buying in 55124
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