Home Inspections

Home inspections can provide valuable information.  Just remember, home inspections DO NOT include:  septic systems, wiring and plumbing behind drywall, well water testing.

Also, home inspectors are not required to be licensed, so it is always a good idea to get a recommendation.

Call me today if you are wondering what your home is worth now!   218-839-1918

Dinah Sundberg, Realtor – Edina Realty – Minnesota

 

 

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A Penny Saved

Coming up with the cash for a down payment on a house (a strategy I use):

Make it automatic.  This is so easy to do, and you won’t miss the money, but, you will be less stressed about “being broke”:  have a specific amount deducted from your paycheck, or checking account each month and put it into a special savings account set up just for this fund.  I started doing this in 1994 originally for my son’s college tuition.  Now it contains the funds to help pay for his upcoming wedding in June.  I will continue to contribute to this savings account and build up my cash reserves.  I might even pay cash for my next car!  What a great feeling!!  When I started, I was putting in $100/month, but have increased it over the years.  Even if it’s only $25/month, over time it adds up. 

Have real estate questions?  I specialize in residential homes – I’d love to hear from you!

 

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Retire, but where?

Ten best places to live and retire (according to AARP):

Gainesville, GA                Columbus, Ind.           Harrisburg, PA

Portland, Maine              Ithaca, NY                    Tulsa, Okla.

Midland, TX                     Winchester, VA          Wenatchee, Wash.

and Cheyenne, Wyo.

If you are getting ready to retire – look these places up!

As always – I sell real estate in Brainerd, Baxter, Pillager and the surrounding areas in north central MN.  Please contact me if you have any questions, or need real estate help.   218-839-1918     dinahsundberg@edinarealty.com

 

 

 

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Homebuying Trends: Then and Now

Percentage of US homebuyers who:                     1999              2009

Began their home search online                             37%               90%

Were married couples                                               68%              60%

Were single women                                                    15%               21%

Were single men                                                         7%                 10%

Median age of homebuyers                                       39                  39

I’m happy to work with young, old, single, married buyers!  Contact me for a homebuyer consult and my homebuyer packet – 218-839-1918.     dinahsundberg@edinarealty.com

 

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Loan Modifications – Help for FREE

Are you struggling to make your house payments and have fallen behind?  There are non-profit resources to help you with a loan modification.  If a company offers to help you, but requires you to pay for the sevice, it may be a scam.

Try contacting Minnesota Home Ownership Center at (866) 462-6466 or visit www.hocmn.org to work with someone for FREE for help with your loan.

FAST FACT:

Did you know?  Nearly 8 percent of adults have been diagnosed with hay fever…

 

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State of the Housing Market

~ We are on a rate nationwide, as of June, to see 4.77 million homes sell.  This is 8.8% below June of 2010.

~  Lawrence Yun, econimist states we are having an “uneven” recovery, and seeing problems with tight credit and low appraisals.  This at a time when we are having record high housing affordability conditions (can buy much more house for the money now than a few years ago, or, the same house for a lot lower payment.

~  All-cash transactions accounted for 29% of sales in June – investors account for the bulk of these purchases.

~  In the Midwest – existing home sales are down 14% over a year ago.  The median price in June was $147,700 – down 5.3% from June 2010.

As always, if you have a question about you property, contact me with a call or email.  Enjoy the rest of summer!

Dinah Sundberg, Edina Realty, Brainerd MN

218-839-1918

dinahsundberg@edinarealty.com

 

 

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Homeownership Benefits

First time buyers noted these benefits:

67% said market conditions allowed them to purchase a home sooner than they expected.

50% said they found a home in a more desirable location than expected

40% got more space than expected

43% locked into a lower interest rate than they expected

It IS a fantastic time to buy a home!  Call me if you have any questions about the homebuying process, or would like to meet for a consultation.  218-839-1918   dinahsundberg@edinarealty.ocm

Licensed with Edina Realty in the state of MN

 

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