Fireplace Chimney Inspections

Fireplace Inspection A fireplace chimney can be a very expensive item to repair. On South Minneapolis homes, the stucco chimney on the exterior of the home can run $20,000 to rebuild it from the ground up. That is an expensive repair. A fireplace chimney inspector can send a camera up and down the chimney to verify that… Continue Reading

4 Causes of Low Water Pressure

Low water pressure can be annoying. It may make certain activities frustrating, like washing hands in the bathroom sink. Below you will find 4 main causes of low water pressure and solutions to each one of them. Debris or mineral buildup Debris in the water line is more common that you think. In Minneapolis, the water… Continue Reading

How pricing affects buyers

How does pricing your home affect the buyers? Many sellers, such as yourself, may want to price the home higher so that you can try to get the most out of your home. How does this really affect your bottom line? Do you really get more for your home if you price it higher? I… Continue Reading

7 Hinderances to Getting Your Home Sold

7 Hinderances to Getting Your Home Sold

You as the seller, need to make it easy for a buyer to buy your home. That means removing barriers that stop a buyer from buying the home. When there are barriers, buyers stop and give your home a second thought. It may be unconsciously but it is enough to give them a second thought.… Continue Reading

Questions You Should Ask The Association

Questions You Should Ask The Association

When purchasing a an association unit (condo or townhouse), you will end up having to deal with the association and its restrictions, as well as increasing association dues. There is a lot of good benefit in doing your due diligence in evaluating the association. You really want to make sure the association is well funded, has… Continue Reading

Earnest Money / Trust Funds

Earnest Money / Trust Funds

Earnest Money Earnest money, also called “good faith” money is money you put down to indicate that you are serious about making an offer on a home. Basically it stops 500 people from just “making an offer” on every house out there. Not just everyone will be willing to write a check for a few… Continue Reading

What is the purpose of a Homeowners Association?

What is the purpose of a Homeowners Association?

Homeowners Association (HOA) Explained When you are looking at purchasing a townhouse or a condominium, you’ll oftentimes hear the term “association” or “homeowners association” or may some other derogatory names. No matter what they are called, I’ll be using the term HOA to refer to the Homeowners Association. Many people, when they consider purchasing their first… Continue Reading

Reserve Funds And What It Means To A Complex

Reserve Funds are a necessary part of an association. Part of your association dues goes towards this fund that will help pay for future repairs. This fund is typically used for roof replacement, deck replacement, siding, driveways, and other big ticket items. When you purchase a condo or a townhouse, you should pay special attention… Continue Reading

Single Family vs Townhome vs Condo – By The Numbers

Single Family house vs Townhouse vs Condo. Which is more expensive? I have been asked this question many times, and in this not so brief article, I’ll take a look at the monthly expenses closely. Assumptions. For the Single Family House I will be using a made-up $231,000 house located in South Minneapolis. This factitious… Continue Reading

Can’t I always lower the price later?

Can’t I always lower the price later?

Many sellers want to ask for the highest price possible. But is that in your best interest? Below I’ll go over a couple scenarios that could ultimately net you a higher price. Start Higher, Lower Later Let’s say that my analysis shows that your house should sell with a net sales price of about $300,000. If… Continue Reading