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Hennepin County : Real Estate Advice

  • All12
  • Local Info0
  • Home Buying7
  • Home Selling0
  • Market Conditions0

Activity 727
Wed Oct 3, 2012
Christopher Block answered:
Hey Charles I called you and I got cut halfway through the VM. If you have not already been helped feel free to give me a call.

~Chris
0 votes 2 answers Share Flag
Tue Aug 14, 2012
Joe Houghton answered:
I think just about everyone you ask is going to tell you that your going to be much better off using an agent.
0 votes 26 answers Share Flag
Mon Jun 4, 2012
Ron Thomas answered:
Last Q first; the Buyer's Agent is paid by the Seller, the Commission goes to the LISTING AGENT's Broker, and he splits it 4 ways.

As a Buyer, you will be responsible for;
General Inspection; approx. $450
Pest Inspection; approx. $100
Roof Inspection; ??
Septic Inspection; ??
Well Inspection; ??
Those are the most common inspections, some may not be applicable, and they will vary around the Country.

I won't guess on your Closing Costs; too many variables: But, what you can do; with the help of your Buyer's Agent, choose a Title Company, go in and ask the Escrow Officer to do a hypothetical HUD1 with the selling price that you provide. You can see very good numbers that way.

Good luck and may God bless
... more
0 votes 6 answers Share Flag
Mon May 2, 2016
Vicky Chrisner answered:
Ironically, I just wrote a blog post that sort of address this issue - see the link below. But to answer your question - yes, it's normal. It's a best practice. It's in your favor, as well as in the favor of the agent. They have a standard agreement - review it and address any concerns but it's probably a regional agreement and widely used to balance interests of the buyer and broker. Good luck. ... more
0 votes 19 answers Share Flag
Mon Jul 23, 2012
Debra (Debbie) Rose answered:
You are free (especially in the absence of a written agreement) to work with whomever you choose, and you have listed understandable reasons for your desire to go with agent #2.


That being said, you need to be upfront with agent #2 in regard to what has already transpired.

The agents should work this out between themselves. Agent #2 should be proactive in speaking with agent #1, but you are free to proceed with your offer.

Don't get confused if others mention the term "procuring cause", as that is something worked out between the agents (under that term, agent #1 might be entitled to a portion of the commission), but it should not stop you from moving forward with an offer.

Best wishes!
... more
0 votes 11 answers Share Flag
Thu Jun 14, 2012
Joe Houghton answered:
Sat May 26, 2012
Paulette Carroll answered:
Good Evening,

The market is improving - with home sales raising considerably last month. A contract for deed would allow you to most likely get more for your town home as the buyer would be willing to pay a bit more for your to finance the transaction and you will be able to avoid an appraisal on your property. Rentals are also an option to selling, but since you would be out of state you would most likely want a reputable company to manage the rental property.

To help you make your decision, I would definitely get a Comparative Market Analysis on your town home, then I would interview a few realtors to assist you in your decision making process. As one of the top realtors in the Twin Cities, and office out of Anoka County, I would love to help you out. Please contact me at 763.443.3733 or paulette@movingheartsandhomes.com.

KNOWLEDGE IS KEY!!!

I look forward to hearing from you soon!

Paulette Carroll
... more
0 votes 9 answers Share Flag
Mon Oct 8, 2012
Rick Thram answered:
That home is in the market...call me if you'd like more details...952-451-2900

Rick
0 votes 4 answers Share Flag
Mon Oct 8, 2012
Eli Johnson answered:
Yes there are. Call me at 651-357-2536 and we can talk more about them :)

Eli Johnson
0 votes 4 answers Share Flag
Tue Jul 10, 2012
Jennifer Sexton answered:
Good evening,

There are many homes available with the criteria you asked about. I would welcome to the opportunity to speak with you to narrow down the search to the perfect home for you.

As a Life long Burnsville resident and agent, I would be happy to show you why Burnsville is a lovely area to live. However, I can accommodate any of the areas you mentioned.

Jennifer Sexton
Jennifersexton@edinarealty.com
952-495-7653
... more
0 votes 5 answers Share Flag
Mon May 21, 2012
Christopher Block answered:
Oooh Splits are my specialty!


At the end of the day it is all about what we call "neighborhood conformity" and ensuring that the master bathroom will pull more value for the home (once I know how much it is going to cost you) versus keeping the 3rd bed upstairs. At certain price points 3beds on one level will pull a very good price, where as the lower price points (under 170k) it usually does not matter because a lot of its competition does not have this feature either. The splits will just have 2beds up and 2beds down with a full on main floor and 3/4 in basement.

So essentially it is all about the trade off in your specific market. I would need to know the property address to tell you one way or the other.

Are you taking on this project and planning on staying in the home long term or planning on moving soon? If you would like some free help just contact me through Trulia and I would be more than happy to help.
... more
0 votes 1 answer Share Flag
Mon May 14, 2012
Mark Claessens, e-Pro, NHSS answered:
Please don't be rude. We are here to help you and we don't charge for our time, OKay? I just responded to your last request on the other question.

Mark
0 votes 1 answer Share Flag
Mon May 14, 2012
yllommac asked:
Mon May 14, 2012
yllommac asked:
Thu May 17, 2012
Mark Claessens, e-Pro, NHSS answered:
Yllommac....there is actually specific question here. What is your question? There have been a ton of properties sold there in Camden and i NEED MORE TO GO ON.


Mark
0 votes 7 answers Share Flag
Thu May 17, 2012
Stephanie Fox answered:
Sorry, but it's against the law for licensed real estate agents to comment about safety if you are referring to crime statistics. We can only comment on the physical aspects of the property. I'm sure all the other agents will tell you the same thing. However, you can check these statistics online or you can call the local police precinct. They can answer your questions. ... more
0 votes 5 answers Share Flag
Sun May 13, 2012
Anna M Brocco answered:
Why not simply work with an agent of your own who can provide suitable listings, any necessary information, schedule showings, etc. If purchasing with a mortgage be aware that a mortgage pre-approval letter is required in order to determine your price range and for any offers to be taken seriously. ... more
0 votes 1 answer Share Flag
Mon May 14, 2012
Valerie Rydland answered:
Hello!

I am a realtor in Eden Prairie. I am not bilingual however I have an assistant who is and can help with the process! I specialize working with buyers and have worked with many first time home buyers.

Call me and we can discuss the process!

Valerie Rydland
952-995-9923
Vqrydland@cbburnet.com
... more
0 votes 5 answers Share Flag
Fri Jun 7, 2013
Anna M Brocco answered:
When it comes to any safety/crime related issues, it's always best to contact the local police department with all your questions, hear all there is to hear firsthand. If unfamiliar with the area(s) do revisit more than once and at different times of day, possibly chat with locals/neighbors. Real estate professionals are prohibited from steering, enticing a buyer to purchase/rent, or not, in specific neighborhoods.
http://www.neighborhoodscout.com/
https://www.crimereports.com/
http://www.homefair.com/
... more
0 votes 3 answers Share Flag
Fri Aug 31, 2012
Jake Scheeler answered:
There are plenty of opportunities within your price range in the city of Maple Grove. As a resident of Maple Grove myself, I would love to be able to help you find your first home and can share with you many of the area's "hidden gems". Buying your first home is a great thrill and it helps to have someone familiar with the area to be your guide. First time buyers are my specialty, so feel free to contact me and I can help you get the ball rolling. Hope to speak to you soon! ... more
0 votes 10 answers Share Flag
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