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Farmington : Real Estate Advice

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  • Local Info0
  • Home Buying2
  • Home Selling1
  • Market Conditions1

Activity 5
Wed Feb 25, 2015
Tim Moore answered:
You should assume all rental listings here are scams. Report them. Find the link on the page named MORE, under it is a drop down menu with FLAG - click it. I would be a majority of rentals on this site are scams. Never Ever send money = those are scams.Never Ever send money = those are scams. ... more
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Mon Jan 27, 2014
Gail Strom answered:
Great question, Chris. Anytime you purchase a new home or even refinance one that you already own you will need to re qualify. I work with buyers and sellers in Farmington, and have for a long time. Feel free to visit my website for some references from my Farmington clients.
Gail Strom
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Mon Jan 27, 2014
Gail Strom answered:
Adam,

If you're still in the market for a rambler style home I have a few models that you can visit, a couple of them are currently for sale. They are all over the South metro including Lakeville and Farmington. Feel free to check out my website for some information on them.
Gail Strom
... more
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Mon Jan 21, 2013
Matt Christensen answered:
Chad,

I can identify with your frustration, my family when through a very similar issue trying to buy our current home.

Step one, have your Realtor set up a search based on the address, this will send you an email when it is put back on the MLS.

Two, Be ready to move quickly, when my home came back on the market there were 18 offers on it. Know your comfort zone and be prepared for a Highest and Best call when it is listed again.

You could also spend some time calling the offices of agents that list a lot of bank owned properties. You can call them and ask if they list a lot of BOA homes. You can shrink your list to agents that get BOA listings and touch base periodically.

Good luck, the road ahead is not easy but it can be done.

I would recommend that you continue looking, the time line is not guaranteed, it could be a few weeks or many months before it is listed again, don't get discouraged.

Best of luck,

-Matt
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Mon Jul 7, 2008
Cameron Piper answered:
https://www.revisor.leg.state.mn.us/statutes/?id=582.30&year=2007&keyword_type=exact&keyword=deficiency+judgment

It appears that the vast majority of the time a foreclosure by advertisement will result in the loss of the lender's right to a deficiency judgement. However, there are some exceptions to that rule of which people facing that situation should be aware. That statute is very complicated and as such I would recommend that anyone reading this because they may be facing foreclosure contact an attorney to find out what your specific rights are.

Cameron Piper
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