At this time, unfortunately, we currently do not have listings for rent to own homes. You may try your luck though and search our website using the Keyword section of the search filter which can be found in the All Filters button. However, these listings are extremely rare.
If I read this correctly, you're in the inspection negotiation phase and haven't purchased this. There's no "recourse" here. The seller doesn't have to fix any issue or accept less money regardless of what they said. Even if they told you about a water issue, they still don't have to do anything about it. It's completely their choice. Either accept the house as-is or use your inspection contingency and walk away.... more
It is not that much more difficult at all. If you work with an experienced agent, contractor and loan officer who has completed these before you will be coached right through the process addressing the specific needs based on the property you liked the best which met your needs.... more
Yes you can but your use of the home may/will be limited depending on what your visa requirements. Also there are some home opportunities like HUD properties that you wouldn't be able to purchase unfortunately.
This short sale never closed and the listing was cancelled as of 08/24/12. I would expect to see this on the market early 2013 by Fannie Mae.
Click the following URL to see the cancelled listing for 9037 Emerson Av. S, Bloomington, MN :
Document Type Notice Of Sale
Foreclosure Filing Date 12/30/2011
Recording Date 12/30/2011
Final Judgment Amount $244,982
Original Doc Date 09/13/2007
Original Document Number 4426069
Trustee Sale Order Number 023267F01
Buyer 1 Vazquez Teodoro
Buyer 2 Mora Manuela
Buyer Relationship Type Husband/Wife
Lender Name Nationstar Mtg Llc
Mortgage Amount $236,300
I moved to Chicago from Bloomington about 5 years ago. I still have my townhouse on the west side of Bloomington. A doctor has been renting it since I left I think she will be moving in July. My townhouse is a large 3 bedroom, 2 bath with a large deck and huge gargage. The complex also has a super clean and nice swimming pool. I can give you a great deal on the place. Let me know.
That property is not currently listed for sale on the MLS. There are however, 57 other properties within that same zip code all for $200,000 or less that are listed as being active on the MLS. Is there a reason you are interested in that particular property or neighborhood?... more
I am not sure where you getting your info. Are we all in the same city? I am in Edina, no foreclosures on those two streets. If you are getting info from some other web site, they can be accessing bank DB's, who knows.. Some get info from other than MLS. Hennepin county does publish Sheriff's sales. Got to Henn. county Sheriff's sales. The sale date is 6 months before final foreclosure.
Anything under 500k in Edina in Foreclosure will get heavy traffic immediately. If a a good buy, will be gone in first week. You need to get a Realtor, Bank properties move fast if worth anything.... more
I can't think of a flood plain area in Bloomington. Nine mile creek? Down by the Minnesota? I lived on the river bluff, the spring we had a lot of rain, it flooded, I was surprised how close the river came. You will need flood insurance. It was on structure only, no personal property. I have owned 14 houses in fourteen locations. We had a house in Rochester, Minnesota, near bear creek. 7 inches of rain, creek overflowed it 's banks. Our basement was flooded, it was not finished. Insurance pays for cleaning, new furnace, any other structural damage. It would pay for carpet and drywall if finished. Here is the unknown about flooding, if you are in the way of the current or you basement is very tight, the house can be knocked off the foundation or it can collapse from the pressure. My neighbor's foundation collapsed, luckily it was only one side.
There are a lot of choices out there. Today's market will punished a house by up to 30% for a location problem.... more
here are my questions, A. Do you want to be able to walk to the high school?
B. Is that high school Bloomington Kennedy or Bloomington Jefferson?
I am a realtor who lives in Bloomington and knows both areas well, in general the homes near Bloomington Jefferson are newer and probaly more expensive, but there are newer homes near Kennedy also in an area that was redeveloped. Depending our your price range, there are homes out there in either location. If you have figured out how much home you can buy. I could email you some options.
Sean Loughrey, Bloominton Realty 612-251-8513 cell, email@example.com is my email... more
The banks often will not sign something but they will give a letter stating the minimum amount they will accept as payoff. The listing agent must have something in terms of communication they can share with you.... more
You will probably regret it if you don't go with your gut. Don't rent from someone you don't trust. A search of public records will show if the lender has taken action -- but it won't let you know if they are behind on their mortgage and the lender has elected not to take action. Many lenders are also behind on filing for foreclosure on properties given the volume of delinquencies right now. So be careful. Isn't there a local reputable property management firm for you to go to?