"Has three bedrooms all are nice sized with hardwood floors. There is a full bathroom and linen closet. The living room has a large picture window and hard wood floors. The eat-in kitchen has newer
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landlord's)? If you are, then you may want to consider learning more about buying your first home in Saint Louis Park. With today's record low interest rates along with these special Minnesota first
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Are you in the early stages of planning on buying your first house in Saint Louis Park? Many MN renters today are beginning to realizing that the recent rise in rent payments is making Saint Louis Park
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Are you beginning to plan to buy your first home in St. Louis Park Golden Valley, Minnesota? There are a few things that I would like to share with you about St. Louis Park real estate to help make sure
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Minnesota first time home buyers are generally surprised when I show them all of the affordable St. Louis Park Real Estate. The simple fact is that the housing affordability index in Minnesota has not
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Are you in the early stages of planning on buying your first house in St. Louis Park? Many people who are renting today are realizing that the recent increase in rent payments is making St. Louis Park
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One increasingly common financing option in Saint Louis Park for Minnesota home buyers is available through the VA. This type of mortgage financing has increased by about twenty per cent over the last
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Saint Louis Park First Time BuyersDid you know that this is simply one of the best markets ever for the Minnesota first time buyer, with house payments quite often lower than comparable rent payments?
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Searching for St. Louis Park townhomes for sale?As you begin your property search for St. Louis Park townhomes for sale, I would like to share with you some of the pros and cons of townhome living. Millions
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How To Buy Saint Louis Park Foreclosures?So you want to buy one of the foreclosures in Saint Louis Park? Whether you own house currently or are a MN first time home buyer, you should learn the basics before
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I'm not sure if it's handy homeowners or negligent contractors that are responsible, but I find the same installation defects on water softeners over and over again. The installation instructions for
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Krissy, I am glad to hear that you do not want to work with the listing agent. many buyers do not realize that the lister is working in the interest of the seller, so will not be able to represent you fairly. Evaluating what to do and answering your many questions is the reason why it is good to select an agent you trust and allow them to work for and represent your interests. The agent for a buyer is paid by the sellers so there is really no reason to "go it alone". I would be glad to help you if you like. I can be contacted through our website below.... more
"Incredible Rambler located in the heart of St. Louis Park. If you are looking to buy a home in St. Louis Park with over 3000 finished square feet and a very private back yard then this is the home for
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Gotta love those early tulips ( in the snow )! I only remember one Easter with snow. It was bad. I had a straw Easter hat, a new dress, patent leather shoes and it snowed ! Didn't want to wear
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I don't think I'll be recommending any more furnace certifications. Heresy you say? No, I have good reason not to. I started out meaning to write a blog about what's involved in furnace certifications
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If you’re buying a townhouse, have the common areas inspected; not just the inside of the home. I always quote the same price to inspect a townhouse as a single family home, because I inspect townhouses
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The best answer is to ask your REALTOR. Each and every case is different. When there are 2 different banks, there are 2 different methods and 2 different timeframes. Then they both have to agree!
I have seen it take up to a month just to have the file assigned to someone at the bank and then another 3 months to get to a closing, and that is fairly common.
There are changes coming that will help in some cases in the future, but for now, you really have no control in the way the banks process short sales.
Did you REALTOR put an expiration on the Short Sale Addendum? That won't hurry the banks any, but it will give you an opportunity to cancel the offer if they take too long to respond.
Be prepared for at least a 2 month wait for approval and then possibly another month to get to a closing.... more
Reggie,
Cameron is right with the "make your money on the buy side". I have said this before, Condos and Town Homes will always be overbuilt because the builders make more gross profit per acre of land. Because of this, it is a longer term play for appreciation. Not everyone looks at a property as an investment, many need and want a place to live. The FHA and lenders have been creamed in certain parts of the country on condos.
The worst here in the TC is the one in Minnetonka(name withheld to keep me out of trouble). There is a reason why it is not approved, there is a complex in SLP rumored to face a 400,000 renovation. It could be a simple reason or not. If the most liberal of lenders is opting out, you might get a little(lot worried). Do a search(Google) for FHA condos not approved, I did and came up with whole lot of reasons not to buy it.
No one should buy with out a 18 months history check. 90% chance the negatives will come out. One more thing you will most likely need at least 20% down.... more