Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Coon Rapids : Real Estate Advice

  • All28
  • Local Info2
  • Home Buying11
  • Home Selling2
  • Market Conditions0

Activity 27
Tue May 9, 2017
Mitchellnk answered:
You best talk to an attorney. I don't know the law but it sure sounds like me you will still be responsible for that portion of the note. Again, I would discuss with a real estate attorney. Does not sound like. A wise decision in your part. ... more
0 votes 16 answers Share Flag
Sat Oct 8, 2016
Scott Godzyk answered:
If you have that much equity than yes, check with an experienced local agent who deals with pre foreclosure homes who can get it sold quickly to a cash buyer so you can benefit and not lose your equity if the bank takes it ... more
0 votes 1 answer Share Flag
Tue Sep 20, 2016
jan s answered:
I am not a robot
am just trying to help
0 votes 3 answers Share Flag
Tue Aug 25, 2015
Kirby Ehrreich answered:
I have one for you if you like the info at your finger tips from your mobile devices
Check me out on @Homesnap! via @homesnap
0 votes 4 answers Share Flag
Tue Aug 25, 2015
Kirby Ehrreich answered:
Would have to agree with Sally. There is a possibility of up to 10 options in the Coon Rapids area
0 votes 2 answers Share Flag
Mon Jun 15, 2015
garypuntman answered:
I think it depends on the type o look you are going for. Tile could look great for your main level. It sounds like it would be the most practical since you have a pool too. ... more
0 votes 15 answers Share Flag
Thu May 15, 2014
Joel Johnson answered:
I work with the law firm Markve & Zweifel. They're located on the north side of the twin cities in Maple Grove. They will offer you a FREE initial consultation to determine if a short sale is the best option for you based on several criteria. They will also thoroughly explain all of the financial and legal ramifications surrounding a short sale - and what your best options are for moving forward. They prefer to have the customer contact them through one of their affiliated agents. Let me know if you'd like to explore this option. ... more
0 votes 3 answers Share Flag
Thu Feb 13, 2014
Doyle Real Estate Team answered:
Yes, if your home is priced and marketed properly you could sell in the time frame you're desiring. Make sure to consult with a local real estate professional, they can help walk you through the steps to reaching your goal ... more
0 votes 4 answers Share Flag
Thu Oct 3, 2013
Jill Eaton answered:
DON'T go to craigs list. I rented a home and 2 days later was out the homeowner was not licensed to rent and I beleive the City of Mpls could ask the tenants to leave if the home owners are not licensed. Just a heads up. ... more
0 votes 4 answers Share Flag
Wed Jun 12, 2013
Christopher Block answered:
Why are you looking at a trade? That would be my first question, and if it is because you believe there is negative equity in the house a trade partner would not want that type of deal either.

But my fellow realtors are correct. We have been in a aggressive seller's market for quite some time, and it is almost impossible to find a single family home under $150,000 in Coon Rapids right now. What I can do is break-down the steps you should take to still achieve your goal.

1) Interview a couple realtors who will perform a market analysis of your home. The first step is deciding if you are able to sell your home now. I can give you a general CMA without previewing the home just email me your address. There is no need for me to come out to the property unless we know your home is in the ballpark of having enough equity to sell.

2) From there I will give you all the options available to still be able to purchase a $250,000 home. We will walk-thru every scenario and figure out together which is the best one for you.

This may seem overwhelming or challenging right now to you, but enlisting the help of a Realtor will make everything much easier! I look forward to hearing from you.

Chris Block
Realtor North Suburbs
... more
0 votes 3 answers Share Flag
Fri Jun 7, 2013
Terry Farnsworth answered:
You can sell anything quickly if you are willing to drop the price low enough. As stated below, simply price your property enough below market value and it will sell this morning. Whether you want, or have enough flexibility/equity in your home to do so - is a whole different question.

Investors are not in business to be "fair" - they are in business to make a profit. They are, or should be, laser-focused on the bottom line and if the deal does not make sense to them - they aren't going to waste their time on it.

Calling a "We pay cash for houses" sign on the side of the road is going to end in an offer for well below what you are looking for.

If it were as easy as calling a sign, then getting your home sold the next day for a "fair" price at or above market value - we'd all be out of business.
... more
0 votes 9 answers Share Flag
Wed May 15, 2013
Travis Smith answered:
Call Brendan Mooney at 612-360-7560. He places tenants into rental properties at no cost to you!
0 votes 2 answers Share Flag
Tue Apr 16, 2013
Christopher Block answered:
Huh well Russ brought this question back to life.

Dear Trulia people wherever you are. It is annoying when people reply to our posts and none of us get notified!

Well considering this was pretty much a year ago I am guessing you either found a rent to own property or are still renting. At this point you can buy this fall traditionally and it will be just fine. I am helping a buyer right now out of the 3-year foreclosure rule and it was a piece of cake.

And just FYI to contact me you just hit the icon next to this post or look me up. I will also make it a little easier just in case you are still looking to buy.

Realtor North/NE suburbs
... more
0 votes 5 answers Share Flag
Tue Apr 16, 2013
Russ Douville answered:
I concur with many of the previous answers. 670 is good, but 680 would open up some avenues for you. There are some occasions which don't require satisfying the judgement, but those are rare so your best bet is to deal with the judgement first. ... more
0 votes 9 answers Share Flag
Thu Feb 21, 2013
Shelia Samuels answered:
Susan, and investor is usually looking for what they would consider a good deal.
Could the investor be scamming you? Yes that is possible...because they are looking for someone in a situation where they are in a hurry to get out of their property.

It is in your best interests to be represented by an Agent that you choose for your self, not one recommended by or working with the investor. Maybe try an internet search for agents in your zip code area. I wish you well.

... more
0 votes 11 answers Share Flag
Sat Feb 9, 2013
Donald James answered:
Are you talking about a short sale? Talk to a Realtor in your area who specializes in short sales about your options.
0 votes 5 answers Share Flag
Fri Jul 20, 2012
Christopher Block answered:
It is going to be bout $450/bedroom in Coon Rapids for single family homes.

Good Luck! let me know if you have anymore questions by contacting me directly on Trulia

1 vote 1 answer Share Flag
Sat Apr 14, 2012
Susan Hofflander answered:
Hi, Kathleen!
Holy Cow!!! This is really out of the ordinary. And, I feel just TERRIBLE for your daughter. This kind of thing will color this experience, that should be a joyful one, instead as very stressful.

That said, there are a couple of issues that need to be mentioned. On PAGE 1 of the purchase agreement are a series of boxes that address special assessments. Those boxes are checked either SELLER SHALL PAY or BUYER SHALL PAY. If the assessment is already in progress, it depends on which box was checked on the purchase agreement. If the sellers just received notice about the assessment, then the default language says that the sellers have to notify the buyers and that everyone agrees to negotiate how that's going to be taken care of. So, if it's this 2nd scenario, then it's not automatically the sellers' responsibility.

Now, this doesn't make what the seller is doing right! I agree with all of the other agents on this forum, it's time for your daughter's agent to get the broker involved. Without knowing all of the circumstances, it's hard for us to say for sure how it should be resolved. But, this sounds like an issue that needs to be discussed between the 2 brokers to determine what's fair.

I hope this gets resolved soon so your daughter can start to feel good about this again. Believe me, this is the kind of thing people talk about WAAAAAAY more than they talk about the good experiences they've had!!

Good luck~
... more
0 votes 5 answers Share Flag
1 2
Search Advice