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Eden Prairie : Real Estate Advice

  • All56
  • Local Info2
  • Home Buying25
  • Home Selling2
  • Market Conditions1

Activity 73
Thu Jan 26, 2017
Pvrushali8 asked:
Mon Nov 21, 2016
Andrey Sokurec answered:
I found lot of people asking about the bait and switch. Anyway here are some guidelines by FTC.

This may not or may be legal. I can't tell without looking at all the documents.

In the future (FYI), you should always run two mortgage applications with two different brokers and lenders at the same time.

Andrey Sokurec
Homestead Road
5402 Parkdale Drive, Suite 101
Minneapolis MN 55416
Phone: 612-808-6767
... more
0 votes 1 answer Share Flag
Thu Aug 18, 2016
Andrey Sokurec answered:
This answer from Trulia Customer Care will surely help you!

http://www.trulia.com/voices/Using_Trulia/How_do_I_delete_photos_from_a_listing_-567926
0 votes 2 answers Share Flag
Thu Jul 28, 2016
AJM answered:
The schools are fantastic, among the top rated in the state. We moved to this area for the schools and we love it here. Very low crime, close to major shopping & restaurants, lots of really well maintained parks and outdoor areas, minutes to the highway and takes only about 20mins to get to the center of Minneapolis. ... more
0 votes 2 answers Share Flag
Thu Sep 10, 2015
Kitty Or Patty Mattson asked:
I just got an email from you guys about a rental I posted via Postlets. From Christen Somerson. I wanted to follow up but it dissappeared!! can you resend it?? I did not hit delete so I…
0 votes 0 Answers Share Flag
Mon Aug 3, 2015
Josh Lund answered:
Hello Kitty and Patty,
Good morning.
Not on this site, but you could try Zillow. Are you still in the market to sell a home? If so, I would love to see if we can help you out. Do you have a realtor yet? If not we have preferred ones we can get you in contact with. I would like to see if I can help you out with a home mortgage. I will try and make this a very easy process. Please let me know how to help out.
Thanks much.
Josh Lund
MN District Branch Manager
NMLS # 387408
Gold Star Financial Group
Mobile: 612.802.3265
Office: 952.884.5442
eFax: 877.666.0007
jlund@goldstarfinancial.com
... more
0 votes 2 answers Share Flag
Mon Jul 20, 2015
Josh Lund answered:
Hello Annika,
Good afternoon.
Lots of great options for you. The price and size will depend on location. But you DONT need to be in Minneapolis to find what you are looking for.
Are you still in the market to buy a home? If so, I would love to see if we can help you out. Do you have a realtor yet? If not we have preferred ones we can get you in contact with. I would like to see if I can help you out with a home mortgage. I will try and make this a very easy process. Please let me know how to help out.
Thanks much.
Josh Lund
MN District Branch Manager
NMLS # 387408
Gold Star Financial Group
Mobile: 612.802.3265
Office: 952.884.5442
eFax: 877.666.0007
jlund@goldstarfinancial.com
... more
0 votes 6 answers Share Flag
Fri Jun 19, 2015
Josh Lund answered:
Hello K_k_d_r,

My name is Josh Lund. I'd be more than happy to explain the process and take my time to explain the Home Construction Process to you.
Have you found a lot to build on? Have you found a builder? A lender?

You can contact me at :
Josh Lund
Branch Manager
Gold Star Mortgage Financial Group
333 Washington Ave N Suite # 101
Minneapolis, MN 55401
Office # 952 884 5442
jlaleman@goldstarfinancial.com
... more
0 votes 1 answer Share Flag
Fri Mar 27, 2015
lewisremington19 answered:
I would recommend sealing your driveway. When I was buying my home, a lot of what my wife and I would go off of was our first impression, and the first impression comes from the house exterior, the yard, and the driveway. We always liked it when we found a well maintained driveway, and one of the best ways to do that is through sealing it.
http://www.asphaltingdm.com.au/spray-sealing
... more
0 votes 31 answers Share Flag
Sat Feb 28, 2015
Bill Eckler answered:
A word to the wise.....this is a too often misunderstood concept. One that should require a clear understanding prior to being given any serious consideration.
0 votes 5 answers Share Flag
Sat Feb 28, 2015
Christopher Block answered:
Hey Hot Mama!

I could write a ton more here, but in all honesty we have to start with you filling out a loan application, and if you have any co-signers like a spouse for example too. From there we will find out what your DTI situation is like (debt-to-income ratio) and just go from there!

I have some great lenders I can refer you to, so get in contact with me to get started.

I do have other financing options for you if the traditional bank route does not work, because even though you will have a renter paying your mortgage it is not always enough. We will figure it out together though!

~Christopher Block
651-307-7663
chrisblock@thebridgerealty.com
... more
0 votes 1 answer Share Flag
Thu Oct 9, 2014
Rudy Gutierrez answered:
Wed Oct 1, 2014
Christopher Block answered:
Hey Diane!

Here are a couple questions I would ask:

1) What price point are you trying to sell at, and what is the listing history like for Eden Prairie currently? A Realtor could analyze this and tell you how long it will take to sell, and what the current market looks like.

2) This plays into the rental situation, which may be the most important part to analyze. Will the renters still be in the home while you sell it, or are you going to try and sell with them in it? Our answers to question #1 may play into your decision. Also, generally it is tougher to sell a home with tenants because you are required to give them 24hr. notice for showings. This hurts show-ability of the home since most buyers, and their agents, will request one within 6 hours the same-day.

You also have to rely on the tenants to keep the home clean, and present it at its best. If the home is dirty during showings that will hurt your bottom line.

3) You are preparing the home for sale, but have you sought out any professional advice from a Realtor and/or stager? Prepping the home is my #1 topic with sellers when listing a home. I work with buyers every day showing homes, so I tend to think I have a pretty good idea of what they like in homes and more importantly what they don't.

It does not have to be thousands of dollars many things are small; but they can make a huge impact on your bottom line.

4) Does it effect you selling now versus the spring? In other words, are there any external variables that makes selling in November make more sense than waiting?


There are some more items we would discuss during a listing appointment but these are the big ones. From there it is just a matter of deciding if you will make more money waiting till spring, and if the overall selling situation is better for you.

What I can say Diane is that you are in a good zip code that has done nicely this year as far as price improvements go. However, overall the market for the past 2 months has been moving towards a more "balance" market. Inventory has been rising while pendings are down. My personal opinion is that 2015 will still see a very small price gain (1 to 3%), but for the majority of markets in the twin cities it will be even.

But spring is a long way from now, and from a sellers standpoint we are heading in the wrong direction. Timing the market without very concrete evidence (like we had for 2013 & 2014) can backfire. All I can say in summary is that if you sell now it is definitely at the top of the market where you will enjoy the price gains that happened over the summer.

I hope this helps. I would love to talk more with you about all of these and answer any questions you have Diane. Feel free to get in contact with me and good luck on the home selling!

I always recommend checking out our past client testimonials on Trulia (our profile pages). It is a great way for you to get to know us Realtors.

Christopher Block
Bridge Realty
651-307-7663
chrisblock@thebridgerealty.com
... more
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Mon Jun 23, 2014
Lina Krause answered:
Hi. Did you get a phone number for lease option in this neighborhood?
0 votes 9 answers Share Flag
Wed Jun 4, 2014
MSP asked:
In Eden Praire, MN, considering a Pulte home (Reederridge) vs. a Toll Brothers. Pulte is not offering any incentives right now - should we wait till Fall etc when they potentially may? Toll…
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Wed Apr 9, 2014
Stephanie Lee answered:
I work with a large network of investors in the Eden Prairie area, most of whom purchase distressed properties to remodel. However, distress properties are drying up in this area - it will take time and the networking to locate such and I'm happy to assist with that.

Stephanie Lee
Twin Cities Residential
952 865 0207
... more
0 votes 9 answers Share Flag
Tue Apr 8, 2014
Mary Leizinger answered:
It doesn't cost anything to sit down with a lender to review your situation. The low credit score is likely the biggest hurdle. A good lender will be able to counsel you as to what can be done to help raise your score. In some cases, it's just a matter of time elapsing to but a bad experience behind you. In other cases, they may advise paying off debt or other actions to improve your score. Best wishes. ... more
0 votes 10 answers Share Flag
Thu Jan 23, 2014
Scott Rheinhart answered:
The title company and title search is the best way to find out the title history of the property you are interested in. When the title company ask you if you want an owners policy I would recommend that you say yes. This insurance will cover you should any interest in the property was not discovered in the title search. It will be up to the title company and their attorneys to clear title. ... more
0 votes 6 answers Share Flag
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