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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Recent Minnesota Homebuyer Statistics

~  54% of recent MN homebuyers were first-time buyers, compared to 50% nationwide.

~ The typical first-time homebuyer in MN was 28 years old; the typical MN repeat buyer was 44 years old.

~ 21% of recent MN homebuyers were single females, and 9% were single males.

~ The median MN income was $58,400 among first-time buyers; the median for repeat MN buyers was $91,900.

Fun fact:  according to the American Cleaning Institute’s recent survey, 60% of Americans will engage in spring cleaning.  Among their top reasons to clean:  decluttering and eliminating allergy triggers.

I love working with first-time homebuyers.  Give me a call, or email me, if you want to know how to get started!

218-839-1918 or dinahsundberg@edinarealty.com

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Why CRS?

CRS = Certified Residential Specialist = Dinah Sundberg

Why is this important?  The real estate agents that carry this designation have cared enough about their business to spend the time and money to learn additional tools to help their seller and buyer clients.  I found the caliber of the agents attending these classes were exceptional.  Only 4% of agents in the U.S. are a CRS.  When interviewing an agent to help you sell or buy, ask if they have this designation.  This will be an agent that cares.

Dinah Sundberg   (218) 839-1918

Edina Realty – Brainerd Lakes Area, MN

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Showing Tips for Sellers

  • Lighten up.  Shades up, drapes open.
  • Size up the competition.  Check out open houses that are similar to yours.
  • Define the space.  Highlight each space to show it’s intended use.  Example:  if your house has 3 bedrooms, define them all as bedrooms.
  • Add simple curb appeal.  Clear little branches, rake, trim bushes.
  • Give it a power wash.  You’ll be surprised at how much better the house looks.

As always, contact me if you would like more information about getting your home ready for sale.  Dinah Sundberg, Edina Realty, Baxter, MN  218-839-1918

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Why Home Ownership Matters

Here’s why:

*  Homeowners are happier and healthier

*  One of the best ways to build long-term wealth

*  Free to redecorate, renovate, and modify the home

*  Can typically deduct mortgage interest and property taxes

*  Children of home owners do better in school

Fun Fact:  67% of American households are owner-occupied.

Call me today it you are wondering about you home’s value.

Dinah Sundberg, Edina Realty , MN  218-839-1918

dinahsundberg@edinarealty.com

 

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