Monthly Archives: June 2012

10 Best Beach Towns to Buy Foreclosures

Looking for a deal on a beach house?  Here’s the top 10 places to find them. RealtyTrac Names 10 Best Beach Towns to Buy Foreclosures.

Posted in Distressed Property, Home Buying - General | Tagged , , | Leave a comment

Would You Buy A House from This Guy?

No?  Would it be because he doesn’t look much like a real estate agent?  What if he happened to be your neighbor?  What if he was one of your friends?  Still no?  How about if he was a relative?  Maybe? … Continue reading

Posted in Selling Your Home | Tagged , , | Leave a comment

Is Anyone Buying Million Dollar (or more) Homes?

Specifically, are they buying million dollar (or more) homes in this (Minneapolis) area? Yup, they sure are.  Here’s one of them (and there are 5 more at the end of the article).  There’s also a pending sale (signed contract just … Continue reading

Posted in Edina Realty, Exceptional Property | Tagged , , | Leave a comment

Tax Benefits of Home Ownership

Some articles are beginning to appear claiming that renting is now financially better than owning a home.  Read this article and see if you agree (I don’t): REALTOR.com: Tax Benefits of Home Ownership are Almost Too Good to be True.

Posted in Financing, Tax Related | Tagged , , , | 2 Comments

Only $125 million for a home???

Not too many people can hand over $125 million for a house but there is just such a home for sale.  Just a dream for most of us, but it’s still fun to read about: Versace’s former South Beach home … Continue reading

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Is your listing a pinball?

It’s human nature for someone to think that their home is worth more than similar homes.  After all, it’s yours – you’ve maintained it, possibly expanded it, decorated it – it has to be better.  Unfortunately that leads some sellers … Continue reading

Posted in Home Prices, Selling Your Home | Tagged , , | Leave a comment

Guide to Living in Prior Lake

Here’s a free guide courtesy of the City of Prior Lake, loaded with all the information you could want. Guide to Living in Prior Lake

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Zebra Mussels and Property Values

An interesting article on how the presence of zebra mussels affects property values around lakes.  And yes, zebra mussels were discovered in Prior Lake just a few years ago.  They haven’t been a big problem so far but they do … Continue reading

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$10 Special Assessment in Scott County

If you live in Scott County and take a close look at your property tax statement, you’ll see a special assessment for $10.  Every listing for homes for sale in Scott County will (or should) show that special assessment.  As … Continue reading

Posted in Miscellaneous, Tax Related | Tagged , , , , | Leave a comment

Why Property Taxes Go Up or Down

Property taxes are a confusing subject for many people.  Why do they go up (and sometimes down)?  Why does the value of a property change and how is that value determined?  A big question is:  if my property value is … Continue reading

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