Farmington : Questions & Answers

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Gail Strom, Real Estate Pro in 55044
Gail Strom 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?
Great question, Chris. Anytime you purchase a new home or even refinance one that you already own you will need to re qualify. I work with buyers and sellers in Farmington, and have for ... more
0 votes Share Flag Mon Jan 27, 2014 Home Selling in Farmington
Gail Strom, Real Estate Pro in 55044
Gail Strom answered:
I have a newer home in Two Harbors, MN. My wife and I would like a one-level, newer home in either a northeastern or south eastern suburb Mpls/StPau
Adam,

If you're still in the market for a rambler style home I have a few models that you can visit, a couple of them are currently for sale. They are all over the South metro includ ... more
0 votes Share Flag Mon Jan 27, 2014 Home Buying in Farmington
Matt Christe…, Real Estate Pro in Prior Lake, MN
Matt Christensen answered:
MN Short sale failed...now what?
Chad,

I can identify with your frustration, my family when through a very similar issue trying to buy our current home.

Step one, have your Realtor set up a search based on the ... more
0 votes Share Flag Mon Jan 21, 2013 Home Buying in Farmington
Cameron Piper, Real Estate Pro in Minnesota
Cameron Piper answered:
my arm is due may of 09 with my 1st mortgage and 2nd mortgage is may 2010. i tried to refinance with
https://www.revisor.leg.state.mn.us/statutes/?id=582.30&year=2007&keyword_type=exact&keyword=deficiency+judgment

It appears that the vast majority of the time a foreclosure by advert ... more
0 votes Share Flag Mon Jul 7, 2008 Market Conditions in Farmington
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