Rehab-resale program increases Minneapolis home values – Finance & Commerce

I am often asked about the “hidden market” by buyers who feel like they keep missing out on buying foreclosed homes.  This article does a great job explaining the NSP program and how it is benefiting buyers and communities.  It also provides reference to where first time buyers are likely to find the best values, specifically where median home prices have been the lowest.

I was about to show a Bloomington foreclosed home this week when I learned it was purchased by an NSP.  The home had reference to mold problems so perhaps it is best that a licensed contractor gets in and addresses serious problems in an experienced manner.

Rehab-resale program increases Minneapolis home values – Finance & Commerce.

About Ingrid Friel, Realtor, GRI, MBA

Enthusiastic, knowledgeable and patient realtor specializing in the Twin Cities downtown and nearby residential properties. Experienced with first time and repeat buyers. Excellent technical skills that help you do the first pass of your search online. My top priority is to find you the best fit for your criteria when searching for your next home. When representing sellers I work collaboratively to get your house ready to list and stay in close communication throughout the selling process. We call Eden Prairie home & love to chat about everything local with anyone interested.
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