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East Bethel : Real Estate Advice

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  • Local Info0
  • Home Buying1
  • Home Selling1
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Activity 6
Tue Feb 28, 2017
Pbenser asked:
Mon May 16, 2016
Skubes asked:
My house has been on the market for two weeks. Asking $130,990. Second day on market got an offer of $130,000, but that fell through because buyer put multiple offers on houses and decided…
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Wed Aug 5, 2015
USMortgageRanger answered:
Did the parent leave a will? And if so have him refinance the home and pay the back taxes since he now owns the home. I would be delighted to provide you with some mortgage options, (this does not require us pulling your credit) that will allow you to make the best decision for your family. I can be contacted via my profile information for a no obligation consultation. My Office hours are 08:00 AM-08:00 PM Mon-Fri and Fri and Sat 08:00 AM-06:00 PM CST.

Lowell Sterling
Mortgage Banker
NMLS 968898
Capital One Bank
Phone (469) 315-1709
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Mon Dec 15, 2014
velvethawkins answered:
what your home look like? I am Interest in a cd homes must be 3 bedrooms 2 bath and no 2 stories
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Mon Mar 26, 2012
Kris Lindahl Team answered:
We have several land developments in that area. Send me the cross streets and I'll let you know if we have access to it.

Talk to you soon!

Kris Lindahl, CRS, CDPE, SFR,
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Thu Mar 19, 2009
Patti Ann Kasper answered:
Your home is going to be effected more than those in the lower price ranges. And in my experience, people are a bit leary about buying in your area if they have to commute a good distance. No one knows if the price of gas will shoot back up to $4.00 this summer or not and that unknown factor is going to impact the market value and sale of your home. Also being on the golf course is not as much of an "attractor" as it used to be.

The general overall average sale price decrease for East Bethel is -24.5% from last February 2008 to this February 2009 based on the statistics published in "The 100" which is distributed by the North Metro Realtor's Association. See the link provided below.

The historical statistics are grouped by county. For Anoka county, the average sale price is -34.79 over the last 3 years (adding up the past 3 years of data -16.2%, -14.16%, -4.43% comes to -34.79%) but that is a general average for all sales in the county. Since you are at the far northern edge of the county, I would expect it to be a little worse in your situation. Those statistics come from the NorthStarMLS which is our local RMLS and are from the February data. Just doing the math based on the county statistics mentioned above and assuming that the original figure of $360,000 was based on the data and correct; that would come out to a market value of $234,756. See the raw data at:

But the best way to find out is to talk to a REALTOR because other factors, such as condition, school district, distance from large employers, proximity to sources of noise or pollution; these could all come into play.

Also, I know it is hard, but try not to let your emotional attachment to your home cloud your point of view. Remember selling your home or estimating the market value should be a business decision and be based solely on the statistics and hard facts relating to the location.

And sometimes the statistics hurt! Sorry to be a killjoy, but I hope this helps you.
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