July 8, 2011
Typical Buying Process and Timeline

I get this question from many different buyers, so I thought it might make a good blog topic. Many first time buyers are curious as to how long it takes to find a home as well as how long it takes to "close" on a home. From the first steps of contacting an agent and […]

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May 10, 2011
46% Underwater

It is being reported that roughly 46% of Twin Cities single-family homeowners are underwater, which is an increase from 42% last year. This is being reported from Zillow. But what do they know anyway? Take a look at these two listings from Z. The data, according to the big-Z was updated in Feb of 2011. […]

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January 12, 2011
Mike's Corner Store Closing

We are saddened by the announcement of the closing of Mike's Corner Store at 56th and Chicago. This store has been in the hood for 18 years, originally starting as a corner drug store. The store changed along with the times and most currently had gifts, cards, movie rentals, and take-and-bake pizzas. The pizza's are […]

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August 10, 2010
It's Back. The Doctors Loan Program aka the Physicians Mortgage

For quite some time, BofA had a Doctors loan program that was very popular. It was discontinued a couple of years ago due to the economic conditions. But it is now back. BofA has made available the long sought after Doctors Loan program, or Physicians Loan Program, once again. It also goes by the names […]

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May 25, 2009
A Green Choice in Paint

Paint has been around for a long time. But when it comes to environmentally friendly paint, what choices do you have? One company has come out with what they call a "premium quality, eco friendly latex paint." This paint is made from suplus paint that's collected at hazardous materials collection points. That means it's not […]

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March 24, 2009
What are Agency Relationships?

There is a term in real estate that describes what type of relationship a buyer or seller could have with an agent.  This term is agency.  Each state has different agency relationships, and Minnesota state law requires us to disclose the types of agency relationships that usually occur in our state.  This agency relationship form should […]

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March 24, 2009
11 Must-Inspect Items During the Final Walk-Thru

You're excited because you've agreed to buy the house of your dream, and you are about to sign the closing papers.  Before you sign, there is one last thing you should do:  The final walk-thru.  This should be done a day or two prior to closing so that any problems can be spotted before you […]

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March 11, 2009
Wonderful Richfield Rambler

Here's a house for sale that's ready for you. Located in the heart of Richfield, this 4 bedroom / 2 bathroom rambler, updated and ready to move in. Desirable and picturesque Wood Lake Neighborhood. One block to Wood Lake Nature Center with walking and cross country ski trails, wildlife and educational nature programs. Private Well […]

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February 20, 2009
$8,000 Free Cash!!!

That should get your attention.  The government is giving cash to home buyers! Now, there are some stipulations, but if you meet the criteria, you can get $8,000! This is part of the Economic Stimulus package that was signed into law this week by President Obama. First-time home buyers can claim an $8,000 tax credit […]

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January 23, 2009
2 new listings

We've got 2 new listings in the same condo building. This building is a senior highrise for 55+ with lots of amenities. In addition to the usual party room, there is a dining room with commercial kitchen available, a game room, exercise room, beauty salon, woodshop with tools, 24-hour security, and more. Of the 2 […]

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January 15, 2009
New Home Search Available

We've made some system changes to bring you the best home search on the market.  We welcome you to sign up for free and to look at houses on-line.  You can: Save favorite homes Reject properties Much more Just sign up at http://Search.StevenHong.com and see how powerful this search engine really is.  If you have […]

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December 22, 2008
The Ideal Time to Buy

If you have been mulling over the idea of buying a house, you might want to stop mulling and start looking. We have discussed this in several past blog articles, and I hope I am preaching to the converted. Now is the ideal time to buy a house. I am not mincing words because truly, […]

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