Qualities of a good lender

What makes one lender better than another lender? I’ve been asked this question by buyers looking in the Minneapolis and St. Paul area many, many times. There are many little differences between lenders, but there are some very basic differences that can make your home buying process go smoothly or bumpy like the potholes we…Continue Reading

Should I Sell First or Buy First?

Yesterday I was talking with a person that is looking to downsize and sell their 5 bedroom home and buy a 2 bedroom home. We talked about a lot of details, but as a South Minneapolis REALTOR, I asked him this question: ┬áDo you need to SELL your home in order to BUY a new…Continue Reading

Radon Inspection

Radon Inspection

Radon has recently become a well-known issue in 2014, and there is quite a push to have radon tests done. You can have a radon test done in the home as part of your inspection time frame. The general home inspector can do a radon test with their inspection, but it takes a minimum of…Continue Reading

Radon Mitigation

Radon Mitigation

Radon is an important issue here in Minnesota. Please read more about it on this blog post. Here are some Radon contractors. Quality Radon Services Brad Nyberg BradRadonMan@aol.com 612-521-3580 The Radon Guys info@radonnet.com 763-416-6768 www.RadonFixed.com SWAT Environmental 952-935-2118 www.Minnesota-Radon.com Mateffy Engineering Leslie H. Mateffy III 651-636-6166 les@mateffyeng.com http://www.mateffyeng.com/services_radon.htmlContinue Reading

Fixed or adjustable rate mortgage

Fixed or adjustable rate mortgage

Fixed Rate Mortgage There are two typical types of mortgages in our industry today, the FHA mortgage, and the conventional mortgage. The main difference is that the FHA has a lower minimum downpayment than a conventional loan. A conventional loan has a typical minimum downpayment of 20%, but some mortgage companies go down to 10%…Continue Reading

What is Arbitration?

What is Arbitration?

What is arbitration? Arbitration is a way to settle disputes between parties, usually between a buyer and a seller. This is one way, among several, to resolve disputes. In the context of a home purchase between buyers and sellers, the outcome of the arbitration process is binding. That means whatever the outcome is, it’s final.…Continue Reading

Old Home Certification

Old Home Certification

I recently took the Old Home Certification course that is put out by Preservation Alliance of Minnesota. It was a fantastic 2 day course and we covered so much material that I had to take a day off to let it all soak in. This course had topics that included such items as: Why old…Continue Reading

How much does it cost to sell a home?

How much does it cost to sell a home?

How much does it cost to sell a home? I have been asked this question many times by many sellers in the Twin Cities. If you are reading this article from another area, your numbers may be different. Real estate is local, and the cost to sell a home is also very local. I’ll be…Continue Reading

How accurate is Zillow or Trulia?

How accurate is Zillow or Trulia?

I get asked this question all the time. Buyers and sellers alike want to be able to figure out what the value of a home should be. I have a separate post as to how I go about figuring valuation of a home, and you can read that post on Market Valuations here. If you…Continue Reading