I am sometimes asked whether or not a buyer should purchase or a seller should make available a home warranty plan. I can only tell you my personal experience of six years ago. When I bought my home, Edina Realty was the listing company. Their seller provided me with a home warranty. It was i
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11/23/2009
John Mazzara | RE/MAX Associates Plus | 952-929-2577 19169 County Road 18, Welch, MN ACREAGE AND TWO LARGE OUT BUILDING – 30X45 POLE BARN W/ CONCRETE FLOOR AND INSULATED SHOP 38x30 WITH HEAT AND ELECTRIC. HOME HAS NICE 3 SEASON PORCH 3BR/2.5BA Single Family House offered at $295,000 Year Built 1
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11/19/2009
I was on a CDPE-Certified Distressed Property Expert call today and they shared the links below-which are links to reports from a servicer. We are nowhere near being out of the woods. In fact, the default problem is being masked by forebearance, modifications, and simply doing nothing. You mu
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11/19/2009
In an effort to be creative and come up with a solution to the housing crisis, Fannie Mae may allow a borrower who can't sell his home to give a deed in lieu of a foreclosure and then rent the home back from Fannie. Who knew the government was in the rental business? Anyway, I'm not sure how it
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11/19/2009
Unemployment-what's happening in Minnesota and across the country? Here is an article that highlights what is going on in the local arena of the Twin Cities- http://twincities.bizjournals.com/twincities/stories/2009/11/16/daily43.html?ed=2009-11-19&ana=e_du_pub Here is an article that highlights
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11/19/2009
Most people don't know the tax and legal aspects of a foreclosure or short sale. You MAY want or NEED to consult professional advisors. One great resource is the IRS. You can call them at 1-800-829-1040 and visit them online at http://www.IRS.gov A second option is a prepaid legal plan. Pre-
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11/19/2009
Well, the credit is actually for everyone-Minnesotan's and everyone else. The credit has just been expanded to include existing homeowners who have owned their home over the past 5 years. You no longer need to be a first time buyer. The credit is still $8000 for first time homebuyers and $6500
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11/14/2009
I was searching for information about the first time buyer credit being extended-which can be found at http://www.irs.gov/newsroom/article/0,,id=204671,00.html and I found that the IRS is doing videos on YouTube. I have posted the video below that touches on the energy tax credit. How cools is
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11/10/2009
Consider A Minnesot Kiddie Condo-Minneapolis Condos and St Paul Condos are great deals For parents with investment dollars to spare in deflated college-area real estate markets, there's never been a better time to invest in condos or single-family homes to house a student during their undergradua
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11/02/2009
By Rob Minton & John Mazzara In today's real estate world, cash flow is king. True, some markets around the country are experiencing a recovery in home values, but overall we're not seeing the huge jumps in appreciation that made real estate such an attractive short-term investment during the rea
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11/01/2009