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If you are selling your home during this holiday season, remember to keep your decorations tasteful and simple. I realize it is fun to compete with the neighbors to see who can have the tackiest home reminiscent of the "National Lampoons Christmas ...[Read More]
Below is the local market update for Mankato and North Mankato . The information is provided by RASM, REALTOR Association of Southern Minnesota. This information is for the month of September 2009. New Listings 93 Year to Date New Listings 809 Closed Sales ...[Read More]
As I stated in my previous post, the extension of the Homebuyers Tax Credit now includes repeat home buyers. Many people have questions about what defines a 'repeat' buyer, as well as definitions for some of the language in the bill. Here are more ...[Read More]
This past Friday, President Obama signed the first-time home buyer tax credit extension into. It was originally scheduled to expire November 30th of this year. The extension also offers a tax credit for people who are purchasing a new residence, but aren't ...[Read More]
North Mankato, Mankato - Announcing a price reduction on 717 Park Ave, a 1,119 sq. ft., 2 bath, 3 bdrm 1 1/2 story. Now $77,000 - . FLIP THIS HOUSE! Property information[Read More]
The NATIONAL ASSOCIATION OF REALTORS® affordability index measures whether or not a typical family could qualify for a mortgage loan on a typical home. A typical home is defined as the national median-priced, existing single-family home as calculated ...[Read More]
8 Privates Plus Conf Room & Waiting Room • 1,850 sq. ft. Office - $265,000 Powderhorn, Minneapolis - Perfect for real estate, dental, medical, insurance, or chiropractic office. Large reception area and 8 private offices/treatment rooms. Roof ...[Read More]
Mistwood Court, Apple Valley - Announcing a price reduction on 14716 Excelsior Ln, a 1,057 sq. ft., 2 bath, 2 bdrm townhouse. Now MLS® $106,000 - Under Market!! Put a renter in this one for $300/mo cash flow! Property information[Read More]
You heard it here first, or maybe you didn't. I just found out about a site that will allow you to create your own font that, theoretically, will look like your own handwriting! As a Realtor, I think it would be great to have my own font so I could ...[Read More]
Time to cover another important number, but first a regression to yesterday's topic. As I said in part two of this series on contracts for deed, as the Seller of some fine Mankato real estate, I wouldn’t go for anything but a standard 30 year ...[Read More]
Before we get to the actual balloon payment, I want to talk about amortization schedules. In my contract with you, I’m going to insist on a regular amortization the way a bank would. None of that “Every $800 payment will be $200 towards the ...[Read More]
In Minnesota, contracts for deed are called contracts for deed, obviously, but elsewhere they might be called land contracts or installment sale contracts. So, your credit isn't the greatest, and you've heard a contract for deed might be a good ...[Read More]
Last time we checked, our hero had spent time, money and energy on his real estate website, www.MankatoHomesOnline.com , but really, there was little chance for a new website of getting out from the shadow of Mankato real estate's electronic Goliath ...[Read More]
Google. The very name strikes fear into the hearts of men. In the world of search engines, Google rules. Of course, there are lesser perils, and many of them, but none can compare to the utter might and terrible magnificence of Google. So, how to tame ...[Read More]
The other day I decided that winter was over. (Just after we had the last cold front move out, that is.) Now we're seeing sixty degree days and a nice south wind to dry things out. It won't be long before the farmers can get out into their fields. ...[Read More]
When it comes to the price attached to a home for sale, buyers and sellers are looking for opposite things. Sellers want to sell their home for as much money as possible. Buyers want to pay as little as possible for their new home. Who wins? It depends ...[Read More]
Spring is coming, and now is the time to give you home's chances of selling a shot in the arm. A study done recently by the University of Michigan showed that increasing a home's "Curb Appeal" increased home value by anywhere from six ...[Read More]
Dang. I thought it was going to be anyone who bought a personal residence that would benefit from the tax credit that recently passed as a part of the stimulus package. That was something the NAR was lobbying for. Unfortunately, the $8,000 tax credit only ...[Read More]
The provisions of the new stimulus package have been ironed out and the bill is now awaiting President Obama's signature. If you buy a Mankato home (or a St. Peter home, or a Madison Lake home...you get the idea) sometime in 2009, here's how it ...[Read More]
Keep your fingers crossed; there may be a pretty decent tax break coming for home buyers. In their version of the new stimulus package, the Senate has included a tax break worth 10% of the price of the home they buy (up to $15,000) for all home buyers ...[Read More]
Good news! You can now search the Mankato MLS with a map function at my site: www.MankatoHomesOnline.com . You can pick a price range, or any other search criterion, and only those houses that match will show on the map. So you can see where they are, ...[Read More]
Soon (maybe as early as today), you'll be able to come here and search the local MLS with a map-based interface. You can see all the homes available, or all the homes in a price range, or even all the three bedroom homes in a price range, for example. ...[Read More]
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