Twin Cities Market Inventory Update-Bank involved properties

Wednesday, August 13th, 2008 Posted in Community News, Foreclosure, Home Buyers, Home Sellers | No Comments »

Some Notable trends from the latest housing statistics Over the past year, the inventory of lender-mediated properties for sale has almost doubled, while traditional inventory has declined ... Read more..

New Carbon Monoxide Detector Law effective Aug 1st- MN Stat.299F.51

Tuesday, August 12th, 2008 Posted in Community News, Home Buyers, Home Sellers, Inspections | No Comments »

  All Single Family Homes in Minnesota are now required to have an approved CO detector within 10 feet of each Bedroom or Sleeping area.  (Went into effect Aug 1st) see Statute ... Read more..

Credit Reports and FICO Scores-What is the difference?

Friday, August 1st, 2008 Posted in Home Buyers, Home Sellers, Mortgage | 1 Comment »

With Credit getting harder to get, people are paying closer attention to their Credit Scores and Credit Reports.  Your credit score will determine not only if you can get credit, ... Read more..

The Dangers of Getting an Inflated Appraisal

Thursday, July 17th, 2008 Posted in Foreclosure, Home Buyers, Home Sellers, Mortgage | No Comments »

Although con artists and fraudsters have dozens of schemes to steal property and money, numerous schemes rely on inflated appraisals – appraisals that claim the property is more valuable than ... Read more..

The Importance of Being a Pre-Approved Buyer Before you go House Hunting

Thursday, July 17th, 2008 Posted in Home Buyers, Mortgage | No Comments »

The Aplikowski Team at RE/MAX is affiliated with good quality lenders and mortgage brokers who can go over your financing options with you so that you are prepared to make ... Read more..

Just Say No to Cash Back at Closing!

Wednesday, May 21st, 2008 Posted in Home Buyers, Home Sellers, Mortgage | No Comments »

If it sounds too good to be true it probably is!  Fraudulent incentives like this are one of the primary reasons for the current mortgage crisis, and the tightening of ... Read more..

Does Spring/Summer 2008 mark the Bottom for Twin Cities Real Estate?

Saturday, May 10th, 2008 Posted in Home Buyers, Home Sellers | No Comments »

  In case you missed this article from The Wall Street Journal Opinion The dire headlines coming fast and furious in the financial and popular press suggest that the housing crisis is intensifying. ... Read more..

When interviewing a Realtor, you need to know more than a suggested sale price.

Monday, February 25th, 2008 Posted in Home Sellers, Uncategorized | No Comments »

Hiring a good agent to help you list, market and sell your home is the most important thing you as a seller can do to make the transaction as smooth ... Read more..

Banks & Mortgage Companies Tightening Loan Amounts in Declining Markets-including Twin Cities!

Tuesday, February 19th, 2008 Posted in Home Buyers, Home Sellers, Mortgage, Uncategorized | No Comments »

The Twin Cities area has been determined to be a declining market by a major mortgage insurance company.  Major lenders are now instituting new guidelines to reduce their exposure in ... Read more..

When Will Twin Cities Real Estate Market Hit Bottom?

Thursday, February 7th, 2008 Posted in Home Buyers, Home Sellers, Uncategorized | No Comments »

  I am sensing some activity in our local market that leads me to believe the market bottom is here, or very near.  I believe that the near historical lows in ... Read more..