Saint Louis Park : Questions & Answers

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Lance Watkins, Real Estate Pro in Edina, MN
Lance Watkins answered:
each time I click on a property it shows that it is sold. Is this just a list of sold properties?
Hello Gervaise,
Some properties may already be under contract for sale. If you need assistance in searching for active and available listings, give me a call. I would be happy to hel ... more
0 votes Share Flag Mon Mar 10, 2014 Foreclosure in Saint Louis Park
Elizabeth Fu…, Real Estate Pro in 55445
Elizabeth Fuller answered:
IF YOU HAD A U.D. 5YRS AGO ,WOULD YOU FIND A RENTAL FOR THAT PERSON EVENTHOUGH THE PERSON HAD ROOMMATES AND HAD THEIR INCOME?
Sir - each property owner determines his or her own standards for acceptable renters. I wish you well. Liz, 612-986-4105
0 votes Share Flag Mon Jan 13, 2014 Rentals in Saint Louis Park
Elizabeth Fu…, Real Estate Pro in 55445
Elizabeth Fuller answered:
CAN TWO PEOPLE WITH SECTION 8 RENT A SINGLE FAMILY S/S 4 BDR IF THE PEOPLE ARE FAMILY FATHER/ DAUGTHER ?
Maybe. It depends on the amount and the designated family unit. Usually the section 8 designates what the family unit is and who is included. Sometimes one person has the authoriza ... more
0 votes Share Flag Mon Jan 13, 2014 Rentals in Saint Louis Park
Veethim, Home Seller in Cleveland, OH
Veethim answered:
Rent or Sell ?? - Below are the Details
As a local market conditions, I think rent is a better option than a sale. The property is nearer to Birchwood & your loan is $213,000. You should get a net operating income from rent ... more
0 votes Share Flag Thu Dec 12, 2013 Home Selling in Saint Louis Park
Corey Nicolas…, Real Estate Pro in Minneapolis, MN
Corey Nicolas Collins answered:
New listing at 2857 Dakota Ave South in Saint Louis Park (thoughts/HELP)?
One thing you should not do is wait in the current market. Even if the home is overpriced, getting in early can have its benefits!
0 votes Share Flag Mon Jul 29, 2013 Home Buying in Saint Louis Park
Corey Nicolas…, Real Estate Pro in Minneapolis, MN
Corey Nicolas Collins answered:
Why did the avg. selling price of 1 bedroom condos in St. Louis Park take a deep dive in the last few months??
Everyone is definitely on point so far but heres another perspective.

We are seeing allot of bank owned homes being released to the market and where it is much easier for a detached ... more
0 votes Share Flag Mon Jul 29, 2013 Market Conditions in Saint Louis Park
Susan Hoffla…, Real Estate Pro in Minneapolis, MN
Susan Hofflander answered:
Moving from Abq, New Mexico, is there anyone that can help me find a house or do I just have to keep searching the listings? June 1
Hi, Katieh!
There are agents that are experienced in helping renters here in the Twin Cities. The difficulty arises in that any rental listings that are NOT listed on our MLS do not n ... more
0 votes Share Flag Tue Apr 2, 2013 Rentals in Saint Louis Park
E Bakker, Home Buyer in Saint Louis Park, MN
E Bakker answered:
Is the Eliot neighborhood of St Louis Park safe for families with young children?
Yes. I have lived in the same house off of West 16th for almost 15 years and though we're had a few little issues here and there, I have never felt anything but safe. Now with the youn ... more
0 votes Share Flag Tue Jul 31, 2012 Crime & Safety in Saint Louis Park
Susan Hoffla…, Real Estate Pro in Minneapolis, MN
Susan Hofflander answered:
We are renting a home that was sold july 5th 2011 at a sheriff sale. It was bought by us bank. How long after the 6 months do we have?
Hey, Jaycee!
How did this work out for you? We would benefit from knowing your experience in this scenario.

Thanks!
1 vote Share Flag Wed Dec 21, 2011 Foreclosure in Saint Louis Park
Michael Emery, Real Estate Pro in Minneapolis, MN
Michael Emery answered:
Should I continue renting out a 1 bedroom condo in SLP for less than my monthly mortgage payments or sell it short?
It may be more difficult to convince a lender to do a short sale when the home is not your primary residence. Plus you would have to show some hardship and not just that you are losing ... more
0 votes Share Flag Thu Oct 27, 2011 Home Selling in Saint Louis Park
Dawn and Jim…, Real Estate Pro in Wayzata, MN
Dawn and Jim Ohnstad answered:
I have always advocated hiring a realtor, but I'm losing faith.
I can tell you are very worried and a bit (perhaps) overly cautious about the market. It is entirely possible that you just won't be comfortable through this process as it is jus ... more
0 votes Share Flag Tue May 31, 2011 Home Selling in Saint Louis Park
Dawn and Jim…, Real Estate Pro in Wayzata, MN
Dawn and Jim Ohnstad answered:
Does offering a finanical bonus ($2,000) to the buying agent really work? Do you feel this is ethical?
I have personally never shown a house based upon commission or bonuses offered. I would rather see enticements for the buyer.......mostly a price that is exciting compared to other hom ... more
0 votes Share Flag Tue May 31, 2011 Home Selling in Saint Louis Park
Patti Ann Ka…, Real Estate Pro in Minneapolis, MN
Patti Ann Kasper answered:
I have put in an offer on a short sale home in sl louis park, MN. its been about 3 weeks, waiting on word from the sellers side. the house has been
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 h ... more
0 votes Share Flag Tue Feb 2, 2010 Home Buying in Saint Louis Park
Mnboy, Real Estate Pro in Minneapolis, MN
Mnboy answered:
i'm looking at purchaseing a condominium that is not FHA approved, is this a good investment
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 ... more
0 votes Share Flag Mon Nov 2, 2009 Home Buying in Saint Louis Park
Joe Niece, Real Estate Pro in Minneapolis, MN
Joe Niece answered:
Does offering a finanical bonus ($2,000) to the buying agent really work? Do you feel this is ethical?
Not sure how anyone could say that it does not make a difference. Banks are doing it, the biggest construction companies in Minnesota are doing it and 15-20% of sellers are doing it. ... more
0 votes Share Flag Wed Jun 18, 2008 Home Selling in Saint Louis Park
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