Stillwater Real Estate » Buying Real Estate

Short Sales Explained

Ben Goheen — Wed, 28 Oct 2009 14:37:49 +0000

Kare11 explains the process of a short sale with interviews from local Realtors, buyers and sellers. The story lets you know what to expect when trying to buy or list a short sale.

Search Short Sale Properties

Remodeling Cost vs. Value

Ben Goheen — Sun, 11 Oct 2009 03:25:43 +0000

Remodeling Magazine has published figures of how much money the average remodeling project will recoup versus it’s cost. A deck addition tops the list, recovering about 76% of the cost. To see the entire list click here.

Notice that ALL the numbers for a mid-range home are down for this year – meaning you won’t recoup as much as the same remodel just a year ago.

Stay Within Budget

Ben Goheen — Wed, 10 Jun 2009 13:18:55 +0000

Don’t want to spend too much on a home? You may be pre-approved for more than what you’re comfortable with. Learn a lesson from actor Seth Green on how to live within your means.

Minneapolis Advantage Program

Ben Goheen — Wed, 08 Apr 2009 07:19:07 +0000

The city of Minneapolis created a program to help potential home buyers purchase a home in areas where foreclosures are predominant.

The $10,000 loan can be used to pay for closing costs, down payment or minor home repairs. It can be used for either a single family home or owner-occupied duplex. The 0% loan has no monthly payments and after 5 years is completely forgiven. Income eligibility requirements apply and the 200 loans available are on a first come, first serve basis.

How to Buy Homeowners Insurance

Ben Goheen — Sat, 28 Mar 2009 04:42:19 +0000

Homeowners Insurance Explained

Check out the video above with an illustrated explanation of homeowner’s insurance along with tips and tricks. They even remember to suggest that buyers check with their auto insurer for a rate quote.

Search Woodbury Foreclosures

Ben Goheen — Tue, 10 Mar 2009 06:39:29 +0000

Click on the map to search for foreclosures in Woodbury MN. This will only show homes that are currently listed as being in foreclosure or bank owned. You can also search all homes for sale in Woodbury.

If you see a home that interests you, please contact us.

Want $8,000?

Ben Goheen — Thu, 26 Feb 2009 00:16:59 +0000

As part of the Housing and Economic Recovery Act of 2009, congress implemented a program to extend a significant tax credit to first time buyers. Here is what you need to know about the credit:

Only available for first-time home buyers
It doesn’t have to be repaid
The credit is equal to 10% of the purchase price, up to $8,000 maximum
It’s available for homes purchased on or after 1/1/09 and before 12/1/09
Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify

Get all the details at www.federalhousingtaxcredit.com.

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