Category Archives: Sellers

Signs of market improvement – especially in Minneapolis

REALTOR® Magazine-Daily News-Pending Home Sales Turn Around in May. I have been seeing this first hand working with buyers and sellers. Activity is picking up. Nice to have good news to share.

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Twin Cities Housing Recovery Signs

News Releases. Sales Up, Foreclosure Rate Drops as Distressed Segment Leans Toward Recovery If you are a prospective seller you may find some reassurances in knowing that the distressed segment is trending down. This segment is pulling our market down … Continue reading

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Lease with an option to buy

This might be an approach for a buyer who wants to move into their next property but there is a gap between when they can move in and when they can get a mortgage. Rather than rent and later buy … Continue reading

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Contract for deed resources

I had a buyer approach me last week to write a purchase agreement on his behalf for a property he found and planned to purchase contract for deed. We had a good discussion about some key milestones in this type … Continue reading

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Contract for Deed – Minimum Interest Rate

To close the loop, yes there is a minimum IR for a CD. Similar to the max rate, the min rates are posted monthly by the IRS. Here is a link to the most recent published minimum rates – “Applicable … Continue reading

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Minnesota Contracts for Deeds – key points

A contract for deed is a contract between a buyer and a seller where the seller is providing financing to the buyer.  There are variations to this when an investor participates as a third party buying the CD terms from … Continue reading

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Staging Tips – Get ready to sell….

In the current Minneapolis metro area, sellers can differentiate their property by using staging strategies. This process will start with the basics, which will actually take time and energy on your part but will pay off in the long run. … Continue reading

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