Minnesota : Questions & Answers

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Kari Olson, Real Estate Pro in 55113
Kari Olson answered:
What is the best St Paul/ Minneapolis neighborhood to move for a mid-20s couple with a commute to Woodbury?
Hi, There are several neighborhoods in St Paul that meet the criteria you are looking for, to name a few; Como Park (see my listing at 935 Iowa Av), Highland & Summit Hill. It depends o ... more
0 votes Share Flag Yesterday at 9:25am General Area in Saint Paul
djennifer009, Other/Just Looking in Salt Lake City, UT
djennifer009 answered:
What would the cost of putting in central air in a home with baseboard heat?
If the house isn't too big, installing duct work shouldn't be too expensive. It depends on a lot of different factors, though. I think the best thing for you to do now is to get an esti ... more
0 votes Share Flag Yesterday at 8:48am Home Buying in Marshall
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
How can I list my for sale by owner property?
If you are a for sale by owner the post is not allowed; if and when you do list with a broker, ask your agent to post the listing, or consider any flat fee realty company that feeds int ... more
0 votes Share Flag Tue May 26, 2015 Home Selling in Medford
Rick Creel, Real Estate Pro in Glenville, NC
Rick Creel answered:
Can a realtor not send an offer to the seller, if they think it won't pass the FHA inspection?
In NC, all offers must be presented to the buyer, regardless if the seller said they would not take certain offers or not. http://www.highlandscashiersproperties.com
0 votes Share Flag Mon May 25, 2015 Home Buying in Hastings
Christopher…, Real Estate Pro in 10591
Christopher Pagli - ABR, GREEN answered:
What commission should I pay for a one time showing.?
We typically charge one side of the commission if we sell something off market, so that would be half. You should negotiate with the agent and decide whether or not it's worth just put ... more
0 votes Share Flag Mon May 25, 2015 Home Selling in Minneapolis
Jodigraphicd…, Home Buyer in Saint Peter, MN
Jodigraphicdesigner asked:
Contract for deed... Are there credit checks involved with contract for deed?
0 votes Share Flag Sat May 23, 2015 Home Buying in Minnesota
Kirsten Priz…, Real Estate Pro in 34104
Kirsten Prizzi answered:
How do I find out what Bank or finance company owns a property I am interested in?
Go to the property appraisers office, all owners are recorded.
0 votes Share Flag Fri May 22, 2015 Foreclosure in 56401
Lucytinaa, Home Buyer in Dallas, TX
Lucytinaa answered:
One day away from closing and my loan officer calls to tell me we cant close becasue they do not have an FHA case number!
One of the first things that is done is to get a FHA case number and when they do, it would show if you qualified for the program or not. It would be inconceivable and almost impossible ... more
1 vote Share Flag Fri May 22, 2015 Home Buying in Minnesota
Shellymaei, Home Buyer in Fort Worth, TX
Shellymaei answered:
what type of home insurance is required for a fha loan?
Mortgage lenders require homeowners to carry homeowners insurance. There are a number of reasons for this but the most important one is that your lender will want your home rebuilt in c ... more
0 votes Share Flag Fri May 22, 2015 Home Insurance in 55349
Tony Grech, Real Estate Pro in Michigan
Tony Grech answered:
Can I get a home equity loan on my current home if I did a short sale a year ago?
most likely not. Home equity loans are often tougher to get because they are not backed by Fannie Mae or Freddie Mac. It's going to be a couple more years before you can even get a pri ... more
0 votes Share Flag Thu May 21, 2015 Financing in Minneapolis
djennifer009, Other/Just Looking in Salt Lake City, UT
djennifer009 answered:
Any investors looking to network with a contractor for flip houses and rehab projects? Looking to build relationships and refer clients to investors.
Are you a contractor? I think that's a viable business plan, but you're better off building a relationships in person. I'm assuming you have a local area that you service-- it wouldn't ... more
0 votes Share Flag Wed May 20, 2015 General Area in Minneapolis
Diana, Home Buyer in Hay Springs, NE
Diana answered:
the home i want to but is a fannie mae, the mls report say they only accept cash / rehab loans. i have a conventional loan. where do i go from here?
If anyone is reading this after all this time and is trying to do a Fannie Mae loan....

First, Fannie Mae is warmer to cash or conventional loan purchases. Many repo homes have a la ... more
0 votes Share Flag Wed May 20, 2015 Financing in 55407
garypuntman, Other/Just Looking in Los Angeles, CA
garypuntman answered:
do I need to upgrade the electrical service to 100amp to sell a home or is there a grandfather clause?
I think it's always a good idea to do any updates you can in your home before selling it. It's not necessary, but it might help you sell it. It's especially a good idea if you have an ... more
0 votes Share Flag Tue May 19, 2015 Home Selling in Ramsey County
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