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55110 : Real Estate Advice

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  • Home Buying5
  • Home Selling4
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Activity 10
Sat Apr 15, 2017
Frahmmetoyoujewelry asked:
We are selling our home and will be moving into another place at the end of June, but need a short term furnished 1-2 BR rental in the northern St. Paul suburbs area. We need it from May…
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Thu Jul 16, 2015
Burckhardt003 asked:
ref:_00D50744U._50050fT4Mu:ref I am the current owner of the house at 3312 Bellaire Ave., White Bear Lake, MN 55110. Please remove the outdated pictures of my house that are posted…
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Thu Jul 16, 2015
Burckhardt003 asked:
ref:_00D50744U._50050fT4Mu:ref I AM THE CURRENT OWNER of the home at 3312 Bellaire Ave., White Bear Lake, MN 55110. I see trulia has outdated pictures of my house on their website. I…
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Thu Feb 26, 2015
Elisa Eesley Good Work Good Cause answered:
Every home has a buyer or investor; I agree with Denny.
Have you been getting some feedback? Do you have good representation?
Is it positioned well in your local market? Connect with me if you'd like to sell in White Bear Lake. ... more
0 votes 19 answers Share Flag
Mon Feb 17, 2014
Chris Block answered:
Go ahead and try out Kirscher Law firm in Roseville. Email the main processor Rose rose@kirscherlawfirm.com. Phone # (651) 209-8440

Address is:

2489 Rice Street, Suite 75
Roseville, MN 55113

Their fee structure is the best in my mind, and I would disagree with the statement "They are telling us 95% of the time banks reject attorney fees". I have found it to be the opposite, but either way worst case Rose can tell you how much comes out of your commission. I can't remember if it is $500 or closer to the $750.

And Dan is right this is a BARGAIN to you! When I first got into real estate that seemed to be all I did was negotiate my own SS, and you waste so much time doing all the admin junk with the lender. Not only that, but this is not your strong suit then you will be lost trying to understand all the paperwork and procedures that go along with a short sale.

There is something I learned from my first broker which was "don't step over dollars to pick up pennies". Even though you may have a low priced listing I can promise you it is worth the risk to use an attorney.

Good Luck!

~Chris
... more
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Sun Nov 17, 2013
Steve Vennemann answered:
I would sell your home on a cd verses renting here is why when you sell it the buyer is responsible for the repairs-taxes up keep- you get a large amount down in case they don't pay. renting the renter wrecks your home you still have to evict the tenant and nothing to show for it.
http://www.mnhomescontractfordeed.com for more buying or selling cd information
... more
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Sun Nov 17, 2013
Steve Vennemann answered:
6% is pretty good. http://www.mnlakeplace.com most cps are between 5-7% depending in each seller.
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Sun Nov 17, 2013
Steve Vennemann answered:
You always want to seek legal advice but you can get a lot of information on contract for deeds and cd listings here. http://www.mnlakeplace.com
0 votes 7 answers Share Flag
Thu Mar 11, 2010
Scott Godzyk answered:
It is normal and occurs with most banks. Usually there is a processor who puts it all together, they submit to the asset manager who can give a yes if it is within the guidelines set by the bank, if not the asset manager gives a recomendation and it goes to a committee. The committee could be 2,3,4,5 or more people who look at and vote yes, no or to counter based on the asset managers recomendation or vote on how based on how they are feeling, if their spouse upset them before they went to work of if the donut shop got their coffee right. See there is no rhyme nor reason sometimes, or so it seems, it is just how things work. ... more
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