Minnesota Fixer Upper

Beware if you hear terms like ‘Strategic Foreclosure’ and Walk Away Plan. These scams are not new. They are just new versions of old schemes.

We at the Minnesota Real estate Team are dedicated to preventing foreclosure one home owner at a time. We encourage people to seek free professional help.

[ March 4, 2010; 6:30 pm to 8:00 pm. ] Over the last few weeks I’ve run across a few articles what the future holds for the large number of homeowners in default or about to go into default and facing foreclosure.   Many experts expect to see a big increase in successful short sales.  While I’m not a national expert, I am a full time [...]

So where’s the “Shadow”. So far it appears to be more hype than reality.

the Mortgage Bankers Association bought this building less than 3 years ago. Now it can’t afford the payments so it did a short sale and must move out.

[ February 13, 2010; 9:00 am to 10:30 am. ] Home affordability has never been better. This is especially true with the discounted prices on foreclosures and short sales.

We are so lucky to have so many talented people on the Minnesota Real Estate Team!
Our team has put together 5 new seminars!!!!

Could this be the beginning of the so called “Shadow Inventory” coming to market?

Shadow inventory refers to the inventory of homes in default that are not yet on the bank for sale inventory

There is a growing consensus that the short sale process is getting better.