Home Selling in Minneapolis : Advice

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Dan Tabit, Real Estate Pro in Sammamish, WA
Dan Tabit answered:
purchaser canceled purchase agreement saying does not have enough funds. then says will borrow 13k repay 20k in 6 months? if i dont repay lean on prop
Saomanao,
What they are talking about is a seller second mortgage. There is a huge risk and you would be in second or third position should they default. Any arrangement like this w ... more
0 votes Share Flag Wed Oct 22, 2014 Home Selling in Minneapolis
Elizabeth Si…, Real Estate Pro in Minneapolis, MN
Elizabeth Sibet answered:
My large historic house has been on the market for 10 weeks. Should I take it off the market?
Assuming you are represented by a real estate professional, I would refer to them. He or she should be able to advise you.
0 votes Share Flag Sun Oct 19, 2014 Home Selling in Minneapolis
tonino517, Home Seller in Melrose Park, IL
tonino517 answered:
How long should I keep my house on market before it gets over-exposed?
as long as it takes. That simple.
0 votes Share Flag Mon Sep 15, 2014 Home Selling in Minneapolis
Kim Benedict, Real Estate Pro in 06902
Kim Benedict answered:
i have my house listed with a Broker, but I may have someone who wants to buy it on contract. What do I have to pay my Realtor? Does she get t?
Read your agreement as there should be a clause in there that states up to a certain amount of days after the listing expires the broker still collects commission as its only fair.

... more
0 votes Share Flag Sun Sep 14, 2014 Home Selling in 55412
Gary Geer, Real Estate Pro in Gurnee, IL
Gary Geer answered:
What are my obligations to pay for repairs after closing on a sale?
Talk to the buyers in good faith. Let them know you are willing to work with them for a reasonable repair. Ask them to share with the cost if possible. If you used an attorney to close ... more
0 votes Share Flag Thu Jul 17, 2014 Home Selling in Minneapolis
Joel Johnson, Real Estate Pro in Bloomington, MN
Joel Johnson answered:
We are selling our home. Our swimming pool needs $15,000 of repairs. Should we just fill it in?
Sounds like a reasonable option. Just make sure you get all the required permissions and permits for the local municipalities.
0 votes Share Flag Wed Jul 2, 2014 Home Selling in 55447
Angie Carcio…, Real Estate Pro in Minneapolis, MN
Angie Carciofini answered:
Can I sign a listing contract to sell my home even though my husband is not available but is fully agreeable to sign the deed at closing?
I'm not an attorney either, but I am a Realtor in Minneapolis, MN. It's simple. It takes 1 to buy, 2 to sell. If there's more than 1 seller who owns a property, they all need to sign e ... more
0 votes Share Flag Fri Jun 27, 2014 Home Selling in 55412
Joel Johnson, Real Estate Pro in Bloomington, MN
Joel Johnson answered:
What are the taxes and fees involved with selling a coop apartment with a $56K value a share in minneapolis.?
Start with checking with your homeowners association. They should be able to give you an excellent idea of the expenses associated with a sale. Typically, property taxes will be pro-r ... more
0 votes Share Flag Wed Jun 25, 2014 Home Selling in Minneapolis
Joel Johnson, Real Estate Pro in Bloomington, MN
Joel Johnson answered:
What are the costs associated with selling a home besides the realtor commission?
It can vary quite widely. You will incur the broker compensation, generally a combination of broker commission and broker admin fee. Are there any deferred taxes or special assessment ... more
0 votes Share Flag Sun Apr 20, 2014 Home Selling in Minneapolis
Mark Abdel, Real Estate Pro in Minneapolis, MN
Mark Abdel answered:
Which home features are both highly desirable in the Minneapolis market and will help maintain or increase resale value?
Always put your money into kitchens and bathrooms, light neutral paint colors, nice curb appeal will always help you sell faster.

Mark Abdel
Remax Advantage plus
licensed realtor
... more
0 votes Share Flag Sun Apr 20, 2014 Home Selling in Minneapolis
Mike Kelcher, Real Estate Pro in Minneapolis, MN
Mike Kelcher answered:
I am currently looking into selling my home. I owe 187,000 on it and the county info I get says it is only worth 161,000. What options do I have?
Frank had this question in 2012. I hope he found his answers by now.
0 votes Share Flag Sun Apr 6, 2014 Home Selling in 55423
Ken Carpenter, Real Estate Pro in Plymouth, MN
Ken Carpenter answered:
i have a land in erwindale ca how can i know the value of each lot
Contact a real estate agent in Erwindale and request a comparative market analysis. Or hire an appraiser.
0 votes Share Flag Wed Nov 27, 2013 Home Selling in Cedar-Isles-Dean
Ken Carpenter, Real Estate Pro in Plymouth, MN
Ken Carpenter answered:
Buyer just signed - Tennant just gave notice to move. Do I disclose?
Always disclose in writing as soon as you know.
0 votes Share Flag Wed Nov 27, 2013 Home Selling in Minneapolis
Ken Carpenter, Real Estate Pro in Plymouth, MN
Ken Carpenter answered:
I closed on my house today. Is there a grace period for the buyer in Minneapolis?
In Minnesota we do not hold escrow after closing like many other states. Unless your contract specified otherwise, you own the home the day of closing.
0 votes Share Flag Wed Nov 27, 2013 Home Selling in 55407
Arne  Johans…, Real Estate Pro in 55408
Arne Johansson answered:
Selling without updating
Update the house. Many buyers have a hard time envisioning updates. And some don't have the patience.
0 votes Share Flag Tue Nov 26, 2013 Home Selling in Minneapolis
Gerri Levent…, Real Estate Pro in Upper Montclair, NJ
Gerri Leventhal answered:
How do I get my name corrected on my property after a divorce in Minneapolis, MN?
You need to correct the deed immediately. When you go to sell the home and the new buyer does a title search all these issues will show up. It will not be very expensive, I would contac ... more
0 votes Share Flag Mon Nov 25, 2013 Home Selling in 55412
Dean Gupta, Real Estate Pro in Minneapolis, MN
Dean Gupta answered:
Is it worth hanging onto a duplex for a while,even if I have to supplement the rent?
Rents are increasing. Income properties are in good demand. The investors buy such duplex all the time. If you find an investor who is ready to pay 20% down, then their rental income co ... more
0 votes Share Flag Thu Jul 18, 2013 Home Selling in 55407
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
Why is the sweat equity of diy flippers not recognized by appraisors?
An appraiser would look at the evidence; the quality of the materials and the workmanship.
No one would care who did the work.
You probably do not want them to know; it could come bac ... more
1 vote Share Flag Fri Feb 15, 2013 Home Selling in 55408
Mark Claesse…, Real Estate Pro in Coon Rapids, MN
Mark Claessens, e-Pro, NHSS answered:
My neighbor and I are both looking to sell our homes. My neighborhood (SW MSP) has had a lot of build ups/outs. Can we bundle our lots to add value?
Hobbins,

Please let me stroll back into the conversation here. I just had a call from an un-named individual that called both my office and also called our corporate customer care c ... more
2 votes Share Flag Mon Jan 7, 2013 Home Selling in Minneapolis
Christine Mc…, Real Estate Pro in Valparaiso, IN
Christine McDaniel answered:
Shall I take my house off the market over the holidays?
The holidays are a great time to have your home listed. The competition is down and people are still motivated to buy. Years ago I used to advise people to take the home off the marke ... more
0 votes Share Flag Wed Nov 28, 2012 Home Selling in Minneapolis
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