Home Buying & Selling Tips

Scroll through our blog posts that have useful information about buying and selling Minnesota real estate.

Found 32 blog entries about Home Buying & Selling Tips.

Baby Boomers all over are downsizing to properties where they can age in place. Often these buyers are well-qualified, meaning they
 have no problem getting a mortgage or they may not even need one. (An all-cash buyer can truly speed along the closing process!)

 So how do you make your listing more appealing to Boomer buyers? Here are some tips for giving your home an edge:

Baby Boomers in front of a house 1. Market the low-maintenance aspects of your home. Small yard? No yard? Stain-resistant countertops (like quartz)? The last thing your Boomer buyers want are long weekend to-do lists full of maintenance chores they would rather not hassle with or pay someone else to do. If there’s any way you can make your home easier to maintain, consider doing it as part of your curb appeal

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4 CHALLENGES FOR 2017: Inventory. Rates. Values. Websites. 

1st - CONSUMER WEBSITES

They can be very frustrating... Through the internet, you'll only have access to consumer websites like zillow, trulia, realtor(.)com, and brokerage websites like Coldwell Banker, etc. These are fine sites to get a flavor of what has been on the market for sale. However, those consumer sites have roughly 50% (or more) of the homes listed on them actually SOLD and unavailable. Unfortunately, that's VERY common. If you want to chat with me about helping you or someone you know full time I can tap buyers in to our local MLS database of homes for sale. This will give buyers access to the true inventory and will filter out homes that have already sold. I do not charge a

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Are you doing the math these days around renting versus buying a home? Trying to decide if you can afford to buy? If so, you’ve probably Googled one of the many “rent vs buy” calculators out there to help you get a handle on your budget.

True, they’re helpful, and they can also help clue you into things like insurance expenses and property taxes, but they overlook a number of key factors in the decision.

1. A mortgage is a surefire way to build wealth. Provided you don’t buy more home than you can truly afford, your mortgage is like a mandatory savings account. A portion of your payment each month is going straight into your equity in your home. With renting, it’s your landlord who is building equity, not you.

2. The tax situation has profound

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If you’ve been kicking around the idea of some home improvements, but aren’t sure which ones make the most financial sense,

don’t miss “The Renovations That Will Pay Off the Most for Your Home in 2017” published by Realtor.com.

While some renovations sound like they’re a home run for your home’s value, in actuality big-ticket projects recoup far less than some of their simpler counterparts.

For example, adding fiberglass insulation to your attic has an astonishing estimated return of 107.7% compared to a bathroom addition, which averages only a 53.9% return.

The report compares the average cost of the project to the expected value at the time of resale. Here are the top 10 projects and their ROI percentage:

1. Fiberglass attic

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What is it about a home that catches a buyer’s eye? Why is it when two homes are comparable to one another, buyers go with the one that just “feels right”? Sometimes the difference is so small, they don’t consciously notice. Little touches can give a home a major edge in the market.

In fact, here are five clever design upgrades which can provide your home with that indefinable feeling that it’s of higher quality than the competition:

Switch Plate1. Light switch plate upgrades. Homeowners always overlook their own dirty, chipped, or cheap-looking switch plates. If you spend a few bucks to swap out switch plates, any room in the house will seem a tiny bit fresher. Better yet: In the bathroom and kitchen, match the color of your new switch plates to the tile. Look

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Are you preparing for a move? You probably know to notify your friends and loved ones, but there turns out to be a surprising number of people and organizations who need to know about the address change. A recent article from Zillow included a comprehensive checklist which
covers pretty much everyone you will need to notify:

1. Family and friends
2. Current employer
3. Landlord
4. Postal services
5. Utilities
6. DMV
7. Government agencies
8. The IRS
9. Financial institutions
10. Insurance companies
11. Medical and educational facilities
12. Subscription services and clubs

While certain companies and institutions usual have formal processes for notification of an address change, it can be a good idea to go ahead and get some inexpensive postcards printed 

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Great OfferPeople often have preconceived notions about offers and counteroffers. For instance, some people assume every offer requires a counteroffer. This isn’t always the case. Sometimes when a reasonable offer presents itself and the conditions are right, it’s perfectly fine to accept an offer and move forward as quickly as possible. As you review offers, it’s important to keep this in mind.

I always like to encourage my clients to weigh an offer appropriately, and I help them to do just that. As we entertain offers or make counteroffers, we take into account your desires with the property in question, the condition of the house, comparable prices, and how long the home has been on the market. We’ll also look at opportunities where we might improve offers to

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House of cashHome buyers often do not realize how complex and competitive the lending process can be. For
many (especially first-time buyers) there’s only a hazy idea of “the bank” approving or denying
them a mortgage. So many don’t understand how to shop for a loan or that investing a little time
upfront can result in profound savings and a sense of satisfaction.

A recent article in the Wall Street Journal recently revealed “in a recent survey, 21% of home
buyers regretted their choice of lender.” ( Source: http://www.wsj.com/articles/about-one-fifth-ofmortgage-borrowers-were-unhappy-with-their-lender-1481738583 

 Among first-time buyers, that figure crept up to 27%.

As the piece details, there are some good ways to avoid this disappointment. First and foremost,

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There are lots of good reasons to hire a moving company. It lowers your moving day stress, saves your back, and with the right company can ensure that your goods are safe from accidental damage. 

But for every sweet song of a smooth move, there are an equal number of "moving company blues" tunes out there. From a few sad notes of regret to total devastation, making a mistake when hiring a moving company can be an experience you'll never forget.
Here are some tips to help make the right move when it comes to choosing partners for your move:

1) Get in-house estimates for your move from anywhere between 2 to 4 companies. Many may say they don't need to see your stuff to estimate the cost, but the fact is a reputable company will want to see your place

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Moving is often listed as one of life’s most stressful events, but there are a few things you can do to make the transition easier. While you probably know some of the basic tips such as having a garage sale before you move, labeling your boxes by room, and filing “change of address” forms with everyone, there are some less-common tips which can save you time, money, and moving-day headaches.

Here are 5 often overlooked moving tips to help make your move a smooth one:

1. Measure doors at your destination and measure your large furniture. There’s no point in moving heavy, large objects if they won’t make it in the new house or condo. Find out what won’t fit and sell it before hand. You’ll save money on the move and the proceeds from the sale will

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