Burnsville : Questions & Answers

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Eric Egeland, Real Estate Pro in Libertyville, IL
Eric Egeland answered:
Can anyone tell me how much I can expect to pay to de-winterize a townhouse for inspection? The seller (bank) accepted our offer today & my
Here in Chicagoland our Preservation companies charge us about $150
0 votes Share Flag Wed Mar 3, 2010 Foreclosure in Burnsville
Don Edam, Real Estate Pro in Minneapolis, MN
Don Edam answered:
How long after a sheriff's sale does it take for a property to be bank owned or REO instead of a SSale in MN?
One other quick thing. Depending on the bank, some will allow what is called a Short Redemption to take place. Its basically the same thing as a short sale, but during the redemption ... more
0 votes Share Flag Sat Jun 27, 2009 Foreclosure in Burnsville
Dan Swanson, Real Estate Pro in Burnsville, MN
Dan Swanson answered:
How to find a home before hitting the market?
First - is this a particular home you're looking for? A particular neighborhood? A particular school district?

If you have a particular area in mind, search for a Realtor who eithe ... more
0 votes Share Flag Wed Jun 24, 2009 Home Buying in Burnsville
Dan Swanson, Real Estate Pro in Burnsville, MN
Dan Swanson answered:
What is a fair 2nd offer?
You have to negotiate differently with a lender than a private owner. There is NO emotion involved on the lender side in this transaction! The lender's representative doesn't need equ ... more
0 votes Share Flag Wed Jun 24, 2009 Home Buying in 55306
Susan Hoffla…, Real Estate Pro in Minneapolis, MN
Susan Hofflander answered:
Questions for lenders/brokers from a first time homebuyer: dubious about my current lender?
Sometimes, there's so much "jargon" that loan officers and real estate agents throw around, we forget how to get down to basics and explain it to people who don't do this kind of thing ... more
0 votes Share Flag Wed May 13, 2009 Home Buying in Burnsville
Lashae, Home Seller in Minneapolis, MN
Lashae answered:
Property Taxes: We purchased a home and are looking to get our property taxes reduced to closer to the sale
Thanks! The savings would be at least $1,000 if not more. The current value is $160,000 more than we paid for the home. The county assessor agrees it's over valued which is why she's ... more
0 votes Share Flag Mon Aug 18, 2008 How To... in Burnsville
Scott Godzyk, Real Estate Pro in 03109
Scott Godzyk answered:
My husband and I purchased a foreclosure property recently for $400K, the original sales price was $700K.
If you are planning on living there for a long period of time, this market will have turned, the homes will be sold and values will be back up again before you know it. it sounds like y ... more
0 votes Share Flag Mon Aug 18, 2008 Market Conditions in Burnsville
Chris South, Real Estate Pro in Minneapolis, MN
Chris South answered:
Help! Help! I am really confused about how late can i change numbers for mortgage?I am a first time

Your loan officer should be able to change the down payment and loan price for you.
It may require updated forms if you loan is a FHA loan but hey who care underwriting dho ... more
2 votes Share Flag Fri May 9, 2008 Financing in Burnsville
Deborah Madey, Real Estate Pro in Red Bank, NJ
Deborah Madey answered:
Should we count on the listing agent?
So, is the contract signed by both buyer and seller? That determines where you are at in the process.

I don't understand the "out of town" excuse. I have communicated with an ... more
1 vote Share Flag Fri Apr 25, 2008 Home Buying in 55306
Stephane Cat…, Real Estate Pro in Minneapolis, MN
Stephane Cattelin answered:
is this property sold? If so as of what date? 15042 Windemere Ln Burnsville, MN 55306
Hello Amy,

An offer was accepted on this townhome March 2nd, date at which time the property turned pending. This sale is not due to close before May 16th. Terms of the transaction w ... more
0 votes Share Flag Tue Apr 15, 2008 Home Selling in 55306
Todd Norsted, Real Estate Pro in Maple Grove, MN
Todd Norsted answered:
I am planning on putting an offer on a house, need suggestion on bid?
Hi Shrema.......

Have your Realtor do a market on the home including those sold in the area recently, and the answer should be simple. I'd be aggressive on the offer, as it is a sho ... more
0 votes Share Flag Mon Feb 25, 2008 Home Buying in Burnsville
Patti Ann Ka…, Real Estate Pro in Minneapolis, MN
Patti Ann Kasper answered:
Is it possible if I want to close the house within 2 weeks after offer accepted by HUD?
While anything is possible, this is very unlikely. The normal timeframe is more like 4 to 6 weeks. However, if you have gone through the mortgage underwriting process, that will help. ... more
0 votes Share Flag Thu Dec 27, 2007 Financing in 55337
Aaron Dickin…, Real Estate Pro in Minneapolis, MN
Aaron Dickinson - Edina Realty answered:
How to buy auction property? Pls adv
Most auction properties are really left best to professional investors. They often come with limited review of the property, no permitted contingencies for inspection, financing, etc, ... more
0 votes Share Flag Wed Nov 21, 2007 Foreclosure in 55337
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