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Did you know that under the new carbon monoxide alarm law "every single-family dwelling and every dwelling unit in a multifamily dwelling" have "an approved and operational carbon monoxide alarm installed within ten feet of each room lawfully used for sleeping More Info at MN Stat. 299.51 This is...
02/04/2009
Below is a statement issued by your National Association of REALTORS® on the Department of Treasury takeover of mortgage giants Fannie Mae and Freddie Mac. This is a very informative article and I hope that you take the time to read it. NAR Statement: What the Government Takeover of Fannie Mae a...
02/04/2009
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Have you ever noticed how the most meticulously maintained homes sell very quickly while the "diamonds-in-the-rough" stay on the market forever? Maybe you haven't been paying attention to these things like I have (it's my business, after all), but it's true. The more attention you pay to the way ...
01/29/2009
The increase in the number of home inspectors has made choosing the best one more difficult. While more competition could mean better prices, you should be wary of inspectors who cut prices to get your job. Saving a few dollars on this very important step in the buying or selling process may not ...
01/29/2009
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Basically, the MLS is a big property warehouse - sort of like a "home depot." When property is available for sale, it goes in the warehouse. When it is sold, it gets taken out of the warehouse. Since real estate cannot actually be stored in a warehouse, the MLS only contains information. So the M...
01/29/2009
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Some people choose to use a real estate agent and some people choose to go it alone. One thing I have noticed over the years is that a number of seasoned investors looking in a new city will seek out a good agent while novice investors will frequently go it alone. I have even had a number of succ...
01/29/2009
Studies show that the longer a property stays on the market, the less the seller will net upon the sale. It is very important to price your property at a competitive market value at the signing of your listing contract. An Overpriced Home: · Minimizes offers · Lowers agents response · Limits qual...
01/28/2009
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In the past week I have received a commonly asked question and I want to share my response with you. I’m getting ready to close on my first home and wanted to know what actually happens at the “closing” and do I need to bring anything with me? The closing is basically a meeting at which time all ...
01/28/2009
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Are you frustrated with the size of your home? You're not alone. But instead of feeling cramped, a growing number of Americans are finding they have more home than they want or need. The reasons are numerous. Baby boomers, 77 million strong, are looking to downsize in retirement. Young home buyer...
01/28/2009
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Here are a couple of easy home maintenance tips for you while you're getting your home ready for the holiday season. Each year when you dig out your holiday decorations, take some time to make a visual inspection of your attic. First, check the roof and gable vents to make sure they are clear bec...
01/28/2009