At times folks decide it is time to try real estate. Perhaps you have inherited a home from your parents or see an investment property nearby. This useful article summarize 4 key metrics.. cap rate; Property cap rate = Net Operating Income/Current Market Value - article provides an exampleCash flow; cash flow = NOI -... Continue Reading →
Whether you are buying your first home or fourth, it is good to freshen up on the ins and outs of buying a home. This downloadable PDF has useful information on the lending side of things, credit score details & good questions to ask throughout the process. It also covers strategies when buying and how... Continue Reading →
Whether you are a first time buyer or haven't purchased a home in years these tidbits from Dan Eveland, TCF Home Loans may be useful to you. We had a fun time making this short video. Meeting with a loan officer early in the process whether it's in person or by phone can save you... Continue Reading →
The LUXURY LUXURY - if there is one word to describe this project I don't know it... - Eleven Condo project is moving forward in the Mill District. An estimated 2 year project that will be 41 stories tall and house 118 condos. Cost per square foot is unknown but price tags start at $900K... Continue Reading →
Wings credit union sponsored a class today. Mentioned they have great 10 yr ARM offer and conventional with 10% down and no PMI. Worth shopping around for what meets your needs.
my entrepreneurial 6 yr olds wanted to start a car cleaning business - after 15 min they were too tired to clean more -- ha ha!! Nice to have a warm outdoor day Tues!
thanks to Jon at Valley Metro Chimney Specialist - work done in Bloomington prior to closing. Tough with the rainy spring we've had.
If you would like details about your neighborhood or others let me know. Turnkey properties remain competitive - Analysis below from mplsrealtor.com Gardeners aren’t the only ones struggling with spring weather this year. The season’s late start and temperature swings suppressed housing market activity early this year, but those effects are moderating. The latest numbers for... Continue Reading →
Changes are happening in Eden Prairie. So many that I'll be sharing more details in the coming weeks. The city hosted an excellent event for realtors on the LRT & other citywide construction projects. If you own a home and are contemplating senior housing it is a great time to look at these and many... Continue Reading →
Happy Earth Day Today's realtor class was on Home Energy. Our Fresh Energy speaker covered aspects of a home that relate to its use of energy. A homeowners utility bills are their #3 expense when it comes to owning a home. Asking questions about a home prior to purchase can help prepare a homeowner. Looking... Continue Reading →