Dakota County : Real Estate Advice

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Bill Wallace, Real Estate Pro in Bloomington, MN
Bill Wallace answered:
average time on the market of properties in eagan

According to the Minneapolis Association of Realtors the average time on market in Eagan is 148 days. You can find their latest report on Eagan here - http://www.mplsrealtor.com ... more
0 votes Share Flag Sat May 12, 2012 Market Conditions in Eagan
Kris Lindahl…, Real Estate Pro in Minneapolis, MN
Kris Lindahl Team answered:
Can I buy a forclosure house if its still in the redemption period and not on the market?
If it is listed as a short sale you can. It doesn't turn into a bank owned property until the redemption period expires. Email me the address and I'll look into what bank will be tak ... more
0 votes Share Flag Mon Jan 27, 2014 Foreclosure in 55123
Kirk Duckwall, Real Estate Pro in St Paul, MN
Kirk Duckwall answered:
Selling our high end townhome, in nicer neighborhood. We have carpet in LR/DR, soaring ceilings,should we add wood floors like kitchen, help sell?
I am sure it would help it sell faster but I would ask your agent if it will help add value.

Kirk Duckwall
The Duckwall Team Of Realtors
Edina Realty
kirkduckwall@ed ... more
0 votes Share Flag Wed Dec 11, 2013 General Area in Apple Valley
Michael Emery,  in Minneapolis, MN
Michael Emery answered:
As 1st time Home Buyer can I get downpayment assistance?
Depending on your income limits, you might be eligible for down payment assistance. There tends to me more programs within Minneapolis and Saint Paul, but there are programs for suburba ... more
0 votes Share Flag Thu Mar 15, 2012 Home Buying in Burnsville
Alain Picard, Real Estate Pro in Puyallup, WA
Alain Picard answered:
I want to rent out my townhome & move out of state. How do I find a good rental company to find a renter for me?
I would just call some local real estate agencys and property management companies and ask about their prices for what you need. See who you like and go with them.
0 votes Share Flag Sat Aug 17, 2013 Rentals in Mendota Heights
Don Tepper, Real Estate Pro in Burke, VA
Don Tepper answered:
I want to rent out my 2BR / 1.5 bath / loft townhome in Mendota Heights. Sq ft - 1288 / end unit /SW exposure. What would be top $ asking price?
Check with a Realtor. Without an address, though, it's impossible to say.

Check Rentometer.com-- http://www.rentometer.com . You may be pushing the limit, according to that site ... more
0 votes Share Flag Sun Feb 19, 2012 Rentals in Mendota Heights
Thomas Drayt…, Home Owner in Saint Paul, MN
Thomas Drayton answered:
If I buy a house that is still in its redemption period and the original owner redeems it later, will I get my money back from the current seller?
The quick and easy answer Manpat777 is "yes", you will.

If the owner is in redemption then they must pay the mortgage in full before redemption expires to regain possession of the p ... more
0 votes Share Flag Mon Dec 10, 2012 Foreclosure in 55123
Elizabeth Fu…, Real Estate Pro in Wayzata, MN
Elizabeth Fuller answered:
is a 20% commission rate average for a mobile home in MN?
Mobile homes are often sold as part of a vacation retreat, sometimes they are sold within a certain mobile home park or area, with or without a land lease. They are infrequently listed ... more
0 votes Share Flag Mon Jan 27, 2014 Home Selling in Burnsville
Keith & Shei…, Real Estate Pro in Apple Valley, MN
Keith & Sheila Hittner answered:
We just bought a house for 175k and is now listed at 220k, if we sell and buy new house do we just pay the diff or do we have to re-qual for loan?
You will need to qualify for a new loan. If you made a profit on your sale you will have some tax consequence but you may then you may also qualify for a different loan product that is ... more
0 votes Share Flag Mon Jan 27, 2014 Home Selling in Farmington
Lenny Frolov, Real Estate Pro in Brooklyn Park, MN
Lenny Frolov answered:
How many CO dectors are required in a home? Are they only required near the sleeping areas? Also, Interior railing requirements?
I believe the state requirement for CO detectors are that they be within 10 feet of any sleeping rooms on single family dwelings.
0 votes Share Flag Thu Oct 24, 2013 Home Selling in Hastings
Annette Levi…, Other/Just Looking in New York, NY
Annette Levinson answered:
How much house can I afford on a gross combined income of $111,000?
It is not only your income but also your monthly bills. You need to speak with a mortgage officer that can run your credit and go over numbers with you.
0 votes Share Flag Tue Nov 15, 2011 Home Buying in Eagan
Aaron Dickin…, Real Estate Pro in Champlin, MN
Aaron Dickinson answered:
Flooding in a finished basement, There was history and previous owner did not disclose. How much can this lower my home value (330,000)?
There is no specific answer because it is very case by case dependent. In many cases I've seen, the practical answer is whatever it takes to install waterproofing (drain tiling, r ... more
0 votes Share Flag Mon Jan 27, 2014 Home Selling in 55068
Bill Wallace, Real Estate Pro in Bloomington, MN
Bill Wallace answered:
What is the Condo Association Contact infromation for Prairie Lake neighborhood?
Hi Damon,

Prairie Lakes is a large development and there's the potential for multiple different management companies in for the townhouses on Lafayette vs. the ones in the Kerrv ... more
0 votes Share Flag Tue Dec 3, 2013 General Area in Lakeville
Michael Emery,  in Minneapolis, MN
Michael Emery answered:
new to the market house, what % will the bank reduce there price ? home is very moldy can i send pictures of it to US Bank to show how bad it is
I assume this is a bank owned property. The listing Realtor is responsible for pricing the property, noting condition, and presenting offers to the asset manager. The presumption is the ... more
0 votes Share Flag Wed Oct 26, 2011 Foreclosure in Hastings
Michael Emery,  in Minneapolis, MN
Michael Emery answered:
mort company is stalling & no forclosure paperwork yet, house up for auction next week. we have moved out already. what can we do to speed up?
Once the sheriffs sale has occurred, Minnesota law allows for a six month redemption period. So technically you will own the home for six months after the sheriffs sale.

There are tw ... more
0 votes Share Flag Sun Nov 13, 2011 Foreclosure in Dakota County
Cameron Piper, Real Estate Pro in Vadnais Heights, MN
Cameron Piper answered:
I am looking for companies, banks in minneapolis, mn who are looking for trash out people or janitorial people.

Start calling some banks and ask to speak with their loss mitigation departments. I would focus on small local banks and work on building relationships with a select few ass ... more
0 votes Share Flag Wed Sep 7, 2011 Foreclosure in Inver Grove Heights
Joe Scherer, Real Estate Pro in Minnesota, MN
Joe Scherer answered:
How likely is Fannie Mae to take a offer under asking price after a recent price drop?
All things being equal you have a much better chance at 95% of asking price. The recent price reduction should not play too big of a role.
0 votes Share Flag Wed Oct 26, 2011 Home Buying in 55075
Anna M Brocco, Real Estate Pro in Williston Park, NY
Anna M Brocco answered:
We are paying cash in full for this house that is on a short sale. Why is it taking so long at the bank?
Your agent can better advise; keep in mind that short sales are by no means fast sales, no matter the method of payment, therefore much patience is needed; some lenders are quicker than ... more
0 votes Share Flag Sun Feb 17, 2013 Home Buying in Inver Grove Heights
Cameron Piper, Real Estate Pro in Vadnais Heights, MN
Cameron Piper answered:
Anybody have a good contact at Chase bank for a short sale? I'm having trouble getting the negotiator to call me back.
Some of these folks might be able to help:


Cameron Piper
Coldwell Banker Burnet
licensed in MN
0 votes Share Flag Thu May 5, 2011 Foreclosure in Lakeville
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