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Down Payment Assistance 2024
Money There are funds available for downpayment assistance for home buyers. Especially first-time homebuyers and first-generation home buyers. By the way, often people who have not purchased a home in...
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A reminder that commissions are and have always been negotiable
Yes, it is true real estate commissions are negotiable. They always have been. Agents are independent contractors who set their own rates. Some agents will not negotiate. Agents are not required to...
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Plants and trees are included
it is hard for some folks to believe but some of us have sentimental attachments to plants. I have some peony bushes that came from the family farm. From there they went to a home in St. Paul and then...
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Finding a house Vs. Buying a house
I drew this myself People are often confused by the fact that it is fairly easy to find a house for sale without any kind of professional help. Anyone with internet access can find houses that are on...
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2008 all over again?
Let’s not forget what happened during the housing crash. Many homeowners ended up in a negative equity position. In other words, they owed more on their houses than the houses were worth. I well...
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Words matter in purchase agreements
Stainless steel appliances – granite countertop Remembering way back to one of my first clients. I sold their house and when we got to the closing the buyers were most upset that the sellers took the...
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Do you really need a buyer’s agent?
House We did not work with a buyer’s agent when we bought our first house. At the time we thought that we came out alright. We did not know what we did not know. With the help of a buyer’s agent, we...
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Buyer representation contracts in Minnesota
Monarch butterfly In Minnesota, we have used buyer representation contracts for a few decades. Home buyers who are working with Realtors are required to sign an agreement with their agent. The...
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Houses are smaller in 2024
small house The median size of a newly built single-family home in the first quarter of 2024 was 2,140 square feet, according to the U.S. Census Bureau. During the same time period in 2023, it was...
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Don’t sit on that offer
I I love turrets If your home is for sale and you receive an offer, it’s best to accept, reject or counter it promptly. Even if there’s no specific deadline in the offer, homebuyers can and do cancel....
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