55122 : Questions & Answers

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Brad Anderson, Real Estate Pro in Maple Grove, MN
Brad Anderson answered:
Does Saint Paul have temporary rental stays?
Are you asking about short term rentals? I am sure you can find one, if that's what you are looking for.
0 votes Share Flag Tue May 11, 2010 Rentals in Saint Paul
Don Tepper, Real Estate Pro in Fairfax, VA
Don Tepper answered:
How do you find an investor who would like a low cost property for fixing up?
Go to your local real estate investment club and announce it. Here's a link to clubs in Minnessota: http://www.creonline.com/real-estate-clubs/mn.html

What investors will want t ... more
0 votes Share Flag Sat May 8, 2010 Home Selling in Saint Paul
Dan Chase, Home Buyer in Texas City, TX
Dan Chase answered:
crime and safety
www.city-data.com It has a lot of information when you put in your city.

Also, ask the local police. They know the area and what goes on there.
0 votes Share Flag Sun May 2, 2010 Crime & Safety in 55109
CCC, Home Owner in San Diego, CA
CCC answered:
Are inspection and appraisal fees included in Closing Costs?
Hello,
Inspection(s) are not required by most of the mortgages. Some mortgages require inspection(s).

Inspections are not part of the mortgage so that is an out side of closing exp ... more
0 votes Share Flag Sat Apr 19, 2014 Financing in Saint Paul
CCC, Home Owner in San Diego, CA
CCC answered:
if water is leaking in the crawl space basement of an older home that's been renovated, how much can i expect to get it fix? also, the house
Hi, are you paing cash of mortgage? A mortgage will request an appraisal. Also, ask your Realtor for a CMA (Comparable Market Analysis).

It is impossible for me to say yes or not ab ... more
0 votes Share Flag Thu Oct 23, 2014 Home Buying in Saint Paul
CCC, Home Owner in San Diego, CA
CCC answered:
Complete Home Automation Solutions for New House
Hi, I am not recommending any of this websites, maybe you already found them.

http://milehighautomation.com/

http://www.homecontrols.com/

http://home--automation.com/

http: ... more
0 votes Share Flag Wed May 23, 2012 Going Green in 55125
CCC, Home Owner in San Diego, CA
CCC answered:
Does anyone know what section of form 1040X to fill out for the homebuying tax credit?I filled out the whole form 1040X but the refund amount
phone contact for the IRS:
http://www.irs.gov/help/article/0,,id=96730,00.html
0 votes Share Flag Fri Apr 23, 2010 Home Buying in 55112
Susan Hoffla…, Real Estate Pro in Minneapolis, MN
Susan Hofflander answered:
what is the average days on the market for the twin cities? is there a difference for condos and single family homes?
For the month of Feb 2010., avg. days on market is 142. That means the average amount of days from the time a property is active until it is canceled, expired or sold. That changes ar ... more
0 votes Share Flag Fri Oct 22, 2010 Market Conditions in Saint Paul
Elizabeth Fu…, Real Estate Pro in 55445
Elizabeth Fuller answered:
so I know none of us are fortune tellers, but what kind of appreciation should I expect on a home I'm buying this month?
I believe we will experience a fair amount of appreciation over the 5-10 year range. Looking at the prices now and the historic perspectives, I think you would experience a 4-5% appre ... more
0 votes Share Flag Thu Dec 5, 2013 Market Conditions in 55105
Dan Chase, Home Buyer in Texas City, TX
Dan Chase answered:
I just put a bid on a forclosed house in west st. paul and the told us that someone else is PUTTING an offer. Should I go higher or is the bank just?
You have to make up your own mind about what to do. Look at the question below and also the blog below it based on that question. As I read through both I just got more confused about t ... more
0 votes Share Flag Tue Mar 30, 2010 Home Buying in West 7th
Lenny Frolov, Real Estate Pro in Minneapolis, MN
Lenny Frolov answered:
We bought a house in Minnesota about 5 years ago and we are attempting to sell! When we bought the house they listed it as 2 bedrooms upstairs. My
Unless the windows are extremely small I have not seen an appriaser measure windows (on upper levels) to make sure they meet code. If buyers have an inspection done the inspector may fl ... more
0 votes Share Flag Fri Mar 19, 2010 Home Selling in Saint Paul
Lenny Frolov, Real Estate Pro in Minneapolis, MN
Lenny Frolov answered:
what can i take from a foreclosed house in mn?
What do you mean? Is your house being foreclosed? If its your house you are able to take your personal belongings and private property which does include some appliances. If you are jus ... more
0 votes Share Flag Sun Jul 18, 2010 Foreclosure in Saint Paul
Richard Schu…, Real Estate Pro in Los Angeles, CA
Richard Schulman answered:
While dealing with a short sale, what is a commite?
First, do you have a buyers agent representing you? If so, they should be helping you out with these questions (and this a reason to have a buyers agent -at no cost to you - as they he ... more
0 votes Share Flag Thu Mar 11, 2010 Home Buying in 55110
Brad Anderson, Real Estate Pro in Maple Grove, MN
Brad Anderson answered:
my lease is up 03/31/2010 but my apartment is making me stay until 05/02/2010, pls help
Read your original lease. It probably requires a 60 day notice, and if it does you need to pay the rent. If you have another reason for leaving, contact an attorney.
0 votes Share Flag Thu Mar 11, 2010 Rental Basics in 55116
Dan Chase, Home Buyer in Texas City, TX
Dan Chase answered:
I read somewhere that places are selling at their 1995 prices...is this true?
Below is a house price prediction site. It also offers some information on why they think prices will do whatever they will do.
http://www.housingpredictor.com/minnesota.html

Home s ... more
0 votes Share Flag Wed Mar 10, 2010 Market Conditions in Saint Paul
Charles Dail…, Real Estate Pro in Saint Paul, MN
Charles Dailey answered:
Does FHA 203K allow down payment and closing cost assistance? Or does anyone know who does?
Yes, it does. I have access to this product but, in fairness, I'd rather refer you to a specialist. Jerry Fancher from Wells Fargo ((612) 386-4367) is very, very good at these.
0 votes Share Flag Sat Feb 27, 2010 Home Buying in Saint Paul
CCC, Home Owner in San Diego, CA
CCC answered:
I'm thinking of putting in an offer on a condo, but won't be using a buyer's agent - what is the best way to proceed?
Find a Purchase Agreement form for the State of Minnesota (last forms) , fill it out, fill out the addendums, call the city and check on occupancy status, present the offer, remove cont ... more
0 votes Share Flag Thu May 10, 2012 Home Buying in 55104
Brad Anderson, Real Estate Pro in Maple Grove, MN
Brad Anderson answered:
I am 2 months behind on my mortgage payment. At what point can the bank forclose on my home?
It depends on the bank, but if you are 2 months behind, I would get caught up if you can. It can take them up to 6-9 months, but they are sometimes faster than that.
0 votes Share Flag Mon May 19, 2014 Foreclosure in 55104
Brad Anderson, Real Estate Pro in Maple Grove, MN
Brad Anderson answered:
Would you tell me more about a HUD home? And, a Housing Choice Voucher through HUD? Thank-you.- Me :)
Lori, here is a link that explains buying HUD Homes. Hope it helps.
0 votes Share Flag Sat Jun 1, 2013 Home Buying in 55106
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
I asked about the student loan combining with home mortgage because my brother had it done but I didnt get the specifics on it. I have had my job for
Have you visited with a qualified loan officer(s) yet, if not you should and see exactly what your budget can handle--then take it from there--home mortgages are just that, for the purc ... more
0 votes Share Flag Thu Jan 28, 2010 Home Buying in 55106
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