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Kris Lindahl, Real Estate Pro in Blaine, MN
Kris Lindahl answered:
Which safe neighborhoods or blocks are more affordable in South Minneapolis?
I would recommend you check the corrections website for crime statistics.
0 votes Share Flag Tue Mar 27, 2012 Home Buying in Minneapolis
Christopher…, Real Estate Pro in Saint Paul, MN
Christopher Block answered:
Only my husband is on the current mortgage, but both on the title. Will this affect us buying a new house without selling the current one first?
If you are not on the loan, thus it is not on your credit report, you shall not be effected if worst case the home were to go into foreclosure. So good news all around in that departmen ... more
0 votes Share Flag Tue Mar 27, 2012 Home Buying in 55429
Christopher…, Real Estate Pro in 10591
Christopher Pagli - ABR, GREEN answered:
Has everyone heard the good news about short sales?
I heard yesterday and thinks it's about time!

Chris
0 votes Share Flag Thu Nov 28, 2013 Foreclosure in Minneapolis
Joel and Pat…, Real Estate Pro in Andover, MN
Joel and Patti Friday answered:
My husband and I have an FHA loan on our current home with the 2008 first time home buyer credit. Can we rent our home after paying back to credit?
I think the credit called for you to live in the home for 3 years minimum. Once that occurs, then you can do want you want with the home without penalty. Double check with your accounta ... more
0 votes Share Flag Mon Mar 12, 2012 Rental Basics in Minneapolis
Kirk Duckwall, Real Estate Pro in Minnesota
Kirk Duckwall answered:
What areas in Minneapolis are likely to appreciate in the next 5 years?
Parts of Windom Park, Audubon Park and Waite Park should be good for decent appreciation. I also feel you will see an accelerated appreciation over other areas in Copper and Hale. I hav ... more
0 votes Share Flag Mon Mar 12, 2012 Home Buying in Minneapolis
Stephanie Fox, Real Estate Pro in Minneapolis, MN
Stephanie Fox answered:
Question of the Day: What makes a great buyer's agent
You'll need someone who likes being a buyers agent, who like driving around with new buyers to look at homes and who's enthusiastic about helping buyers get into that perfect ... more
0 votes Share Flag Thu Mar 8, 2012 Home Buying in Minneapolis
Mike Kelcher, Real Estate Pro in Minneapolis, MN
Mike Kelcher answered:
What are some tips for renters before signing a lease?
1. Be sure you want to live at the property in question.
2. Read and understand the lease before signing.
3. Document the condition of the rental unit noting any flaws in the conditio ... more
0 votes Share Flag Sun Mar 11, 2012 Rental Basics in Minneapolis
Jennifer Hen…, Real Estate Pro in Minneapolis, MN
Jennifer Hennemuth answered:
What's the typical process when buying a short sale?
The process and time frame of a short sale will vary for each property, but overall expect a minimum of 45 days for a response up to as long as 6 months or more in worse case scenarios. ... more
0 votes Share Flag Mon Mar 5, 2012 Home Buying in Minneapolis
Danny Dietl, Real Estate Pro in 55413
Danny Dietl answered:
What are some tips for first-time home buyers?
Find a Realtor and Loan Officer you trust. I HIGHLY recommend you interview 2-3 Realtors and shop around on the financing. Basically, have the best representatives in your corner. Your ... more
0 votes Share Flag Thu Mar 15, 2012 Home Buying in Minneapolis
Danny Dietl, Real Estate Pro in 55413
Danny Dietl answered:
Which costs are potentially negotiable in closing costs
Everything is negotiable in real estate. If you're referring to negotiating for the seller to pay buyer closing costs they will be limited by % depending on their mortgage program. ... more
0 votes Share Flag Thu Mar 15, 2012 Home Buying in Minneapolis
Joe Houghton, Real Estate Pro in Minneapolis, MN
Joe Houghton answered:
What are some effective ways to increase the value of your home before selling?
Aside from the usual, paint, flooring, landscaping, fixing up everything that needs fixing, cleaning everything very thoroughly it really depends on the home, the price point and the lo ... more
0 votes Share Flag Thu Mar 15, 2012 Home Selling in Minneapolis
Rachelle Ben…, Real Estate Pro in Plymouth, MN
Rachelle Benson answered:
What are some surprises that first-time buyers encounter when purchasing a home?
Some surprise first time home buyers experience are the process of finding the "Perfect Home" and finding one you can afford that met your needs. Some buyers will fall in love with a h ... more
0 votes Share Flag Tue Nov 26, 2013 Home Buying in Minneapolis
Patrick Howa…, Real Estate Pro in Edina, MN
Patrick Howard answered:
When to put our home on the market with a planned moving date in June 2012?
Ashley,

The best time to list your house to move in June is right now. I also wouldn't recommend trying to sell on your own. It sounds easy to do but it isn't, even for t ... more
0 votes Share Flag Mon Mar 12, 2012 Home Selling in 55443
Elizabeth Fu…, Real Estate Pro in 55445
Elizabeth Fuller answered:
How big of an influence is credit on a home rental?
Minneapolis has a fairly tight rental market, with many people loooking for rentals. You should find a realtor who can help you use the MLS rentals and also find other sources for you. ... more
0 votes Share Flag Fri Mar 16, 2012 Rentals in Minneapolis
Keith &…, Real Estate Pro in Verona, WI
Keith & Kinsey Schulz answered:
What are key questions to ask when deciding on which agent to use?
Ask about;

References from past clients. - This doesn't always mean much, because they won't show you bad comments, but it's good to know they have many happy clients. ... more
0 votes Share Flag Tue Mar 27, 2012 Home Buying in Minneapolis
Lenny Frolov, Real Estate Pro in Minneapolis, MN
Lenny Frolov answered:
I have a low credit score, 540, due to job loss a few years ago. I now have a new, better paying job earning 130k- sick of renting but cant buy -help!
Jessica, there are a few things that may be holding you back currently from being qualified but your best bet is to in touch a great loan officer. A loan officer can take a look at your ... more
0 votes Share Flag Tue Mar 27, 2012 Home Buying in Minneapolis
Jennifer Hen…, Real Estate Pro in Minneapolis, MN
Jennifer Hennemuth answered:
Where can I find the regulations determining Basement and finished below grade square footage determinations? My appraiser said "Typically
I'm not exactly sure what you are asking, but the property listings will indicate at the top the sq footage, foundation size and then the finished sq footage below ground or baseme ... more
0 votes Share Flag Mon Mar 26, 2012 Market Conditions in Minneapolis
Joe Houghton, Real Estate Pro in Minneapolis, MN
Joe Houghton answered:
What is the best way to purchase a foreclosure in Minneapolis?
Contact an agent such as myself who understands all of the inter workings of "distressed" properties (REO's Bank owned, Foreclosures and short sales) I list bank owned p ... more
0 votes Share Flag Fri Jun 22, 2012 Foreclosure in Minneapolis
Joe Niece, Real Estate Pro in Minneapolis, MN
Joe Niece answered:
have a foreclosure from 6 months ago,(was a rental) Can I get a loan for new home with 75% downpayment?
There is nothing that says you can not get a loan or buy a home after a foreclosure. You just can't buy one from a lender that sells their loans to Fannie and Freddie. I would tr ... more
0 votes Share Flag Wed Apr 4, 2012 Financing in 55441
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