Home Buying in Minnesota : Questions & Answers

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lharoldson4, Home Buyer in Marshall, MN
lharoldson4 asked:
can you help people with bad credit?
0 votes Share Flag Yesterday at 7:34am Home Buying in Marshall
Elizabeth Si…, Real Estate Pro in Minneapolis, MN
Elizabeth Sibet answered:
Is it becoming common for a buyer's agent request a percentage from the buyer?
Not common as far as I know, although, I know some agents do charge a retainer fee up front.
0 votes Share Flag Sun Oct 19, 2014 Home Buying in 55401
Elizabeth Si…, Real Estate Pro in Minneapolis, MN
Elizabeth Sibet answered:
Can a seller exclude a particular lender?
Yes. Lenders are not included as a protected class.
0 votes Share Flag Sun Oct 19, 2014 Home Buying in Minneapolis
Elizabeth Si…, Real Estate Pro in Minneapolis, MN
Elizabeth Sibet answered:
At what point is a short sale offer suppose to change to "pending"?
Probably nothing fishy.

Short sale properties often stay "active" (contingent on third party approval) until third party approval at which time the property status would change to p ... more
0 votes Share Flag Sun Oct 19, 2014 Home Buying in Minneapolis
Elizabeth Si…, Real Estate Pro in Minneapolis, MN
Elizabeth Sibet answered:
What is a good real estate school in the Minneapolis,MN metro area?
http://www.kapre.com/real-estate-courses/minnesota/

Check out Kaplan. Great teachers from my experience.
0 votes Share Flag Sun Oct 19, 2014 Home Buying in Minneapolis
Elizabeth Si…, Real Estate Pro in Minneapolis, MN
Elizabeth Sibet answered:
Moving to MN -looking to buy a house
You will want to consult a lender to get approved for a mortgage if you will going that route. Please let me know if you need any assistance.
0 votes Share Flag Sun Oct 19, 2014 Home Buying in Minneapolis
Elizabeth Si…, Real Estate Pro in Minneapolis, MN
Elizabeth Sibet answered:
50% down payment for a mortgage?
If you need a recommendation for a loan officer locally, let me know.
0 votes Share Flag Sun Oct 19, 2014 Home Buying in Minneapolis
Elizabeth Si…, Real Estate Pro in Minneapolis, MN
Elizabeth Sibet answered:
what is my school district?
More specific info needed to determine exactly where your home lands inside the district boundaries.
0 votes Share Flag Sun Oct 19, 2014 Home Buying in 55417
Elizabeth Si…, Real Estate Pro in Minneapolis, MN
Elizabeth Sibet answered:
Can anyone tell me what the housing market trend is for next year, 2015?
Hard to predict exactly what is to come, like any other market. Depends on which area you are interested in.
0 votes Share Flag Sun Oct 19, 2014 Home Buying in Minneapolis
Zeda Jackson, Home Buyer in Fullerton, CA
Zeda Jackson answered:
We purchased a home in winter and now that it's spring we are left with a lot of garbage and scrap metal. Can we charge seller for clean up?
I have a lot of scrap metal that I need to get rid of. Can anyone tell me where you take scrap metal to be thrown away? I don't want to throw them away in a regular garbage can because ... more
0 votes Share Flag Fri Oct 17, 2014 Home Buying in Minneapolis
Zeda Jackson, Home Buyer in Fullerton, CA
Zeda Jackson answered:
Could I start a home care agency in this area? How is it zoned?
Check with the city council. You want to make sure that legal matters are in hand when you talk to authority over things like this. They are going to want to make sure that everything w ... more
0 votes Share Flag Thu Oct 16, 2014 Home Buying in Andover
Geoffrey Ser…, Real Estate Pro in Edina, MN
Geoffrey Serdar answered:
My family may be moving from Little Falls, MN to the twin cities. I was wondering if there was anywhere comparable to the living cost of Little Falls
@anwearne,

The fact is, there are no single family homes in the Twin Cities with access to above average schools at this price point, you may be able to find good schools in a more r ... more
0 votes Share Flag Thu Oct 16, 2014 Home Buying in Saint Paul
R, Renter in 33764
R answered:
what does it mean in a short sale when it goes to a qualification coordinator for review?
why are there no regulations, besides the Fannie Mae Freddie Mac loans that make them do their job in a timely manner? Seems some thing are followed by some banks and some are not. An ... more
0 votes Share Flag Wed Oct 15, 2014 Home Buying in Saint Paul
maria.oilver…, Other/Just Looking in Lakeville, MN
maria.oilveras asked:
who is the association group for crysatal hills drive? Add some detail about your question
0 votes Share Flag Wed Oct 15, 2014 Home Buying in Lakeville
Tim Moore, Real Estate Pro in Nags Head, NC
Tim Moore answered:
I found a beautiful home on 5 acres for only 169.900! We need someone to buy and rent it back to us for under 1,000/mnth. The home in A one shape!
Doing just quick math with a 15% down loan at 4.5% $1500 taxes and $900 insurance will cost the borrower $1000 a month. I doubt you will find many investors willing to put down 15% for ... more
0 votes Share Flag Tue Oct 14, 2014 Home Buying in 55008
bs.privatelo…, Other/Just Looking in Las Vegas, NV
bs.privateloan answered:
I have good credit but special situation. I want to buy house, have a house picked out. How would I find an investor to buy and rent to own to me.?
We render low fico score loan programs. Email me on (ms.cwoods61@gmail.com
0 votes Share Flag Mon Oct 13, 2014 Home Buying in Elk River
Kevin Richey, Real Estate Pro in Saint George, UT
Kevin Richey answered:
a friend recently sold a home in the Brainerd area. I wish to know the listing price and what it sold for. the last name was Hess.
This is a fairly simple task. In our area we can look this up on the MLS by address.
0 votes Share Flag Fri Oct 10, 2014 Home Buying in Brainerd
Joel Johnson, Real Estate Pro in Bloomington, MN
Joel Johnson answered:
Since townhomes share a common roof, how are repairs/replacements handled?
Typically through what the HOA (Homeowners Association) will call a 'replacement reserves' or 'capital reserves' account. A well managed HOA will take a percentage of the monthly HOA d ... more
0 votes Share Flag Wed Oct 8, 2014 Home Buying in Burnsville
Tyler Miller, Real Estate Pro in 55448
Tyler Miller answered:
I have a buyer who is looking in the Crescent Ponds Neighborhood in Blaine. If anyone is thinking about selling, please contact me ASAP.
Leila, I sold a new construction home in that neighborhood in June. Reasonable prices and great quality through Capstone over there. Have them check that out! :)
0 votes Share Flag Tue Oct 7, 2014 Home Buying in Blaine
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