Comprehensive Senior Housing for Minneapolis and St. Paul and surrounding counties

Recent Stories & Articles

Is a written buyer’s agreement necessary?

Beginning August 17, 2024, many agents will be required to enter into a written agreement with a buyer before touring a home either in-person or through a live virtual tour and buyers should be familiar with what it entails. There have been buyer agreements for decades in the real estate industry and it was always […]

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Tips to reduce your homeowner’s insurance cost

Home insurance rates have increased by almost 20% nationally between 2021 and 2023 and even more in some states like Arizona where rates have jumped 62% in some cases. The appreciation that homeowners have enjoyed, especially in the past four years, has caused premiums to increase because the values are higher.  In addition, insurance is affected […]

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Finding Affordability in Lessons of the Past

In the 1980s, home buyers faced significantly higher mortgage rates compared to today’s market. Despite this challenge, many people successfully purchased homes and made them worthwhile investments. They employed a range of strategies to manage costs and ensure affordability. Here are the key tactics they used, explained in detail: To reduce the amount borrowed and […]

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Convenient but not accurate can cost you money

Online estimates like Zillow, realtor.com, Redfin, & Homes.com are convenient, but typically lack accuracy and may have a significant margin of error.  They are constructed using a computer-generated algorithm that utilizes historical public sales data and trends called an Automated Value Model, AVM.⁣ ⁣ National AVMs derive values from automated computer modeling of public records and may […]

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An annual home equity update benefits homeowners

Homeowners should verify their home’s equity at least once a year because the two factors that affect it change regularly.  Market value changes and the unpaid balance of the home decreases with each monthly payment made on an amortizing loan. Amortization and appreciation cause the equity to increase in value.  Knowing your equity gives you […]

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