Archive for March 2010

9340 Nason Court NE Otsego

March 26, 2010

Looking for a great acre + lot?  This home is located on a huge corner lot and it is not banked owned or in a short sale situation.  This home is in great condition and a quick closing is possible.  New carpet and many other updates throughout.  If you want to take advantage of the $8000 [...]

Another great Home for Sale! $170,000 St. Michael

March 22, 2010

Act fast so you can still take advantage of the $8,000 tax credit!  For more information on this home please visit its personal website at:  www.701ridge.info   If you would like information on listing your home with me please contact me today! Thanks! www.stevecomstock.com steve@stevecomstock.com 612-201-7766

Traditional Listings vs Bank Owned/Short Sales

March 15, 2010

The perception in the Real Estate market is that all homes for sale are either bank owned or in a short sale situation.  This is NOT correct according to stats supplied by the Minneapolis Area Association of Realtors (MAAR).  In January of 2010  70% of the new listings were traditional listings.  Bank owned listings were at 16% and [...]

Are we seeing fewer Foreclosures in the Twin Cities Area?

March 9, 2010

I have been asked by Home Buyers as well as Real Estate Investors if we are seeing less Foreclosures on the market?  The answer is yes,  based on information from the Minneapolis Association of Realtors (MAAR).  I would like to share with you some  stats comparing January 2009 to January 2010.  In January 2009 there were 1,939 [...]

Types of Mortgage Lenders

March 5, 2010

I have been asked a few times lately by some of my buyers about which type of lender to use to purchase their home.  Should I just go to my bank or who should I talk to?  The two main options today are Banks and Mortgage Brokers.  There are advantages and disadvantages of both.  Banks- [...]

Buying Bank owned properties

March 3, 2010

Buying bank owned properties is not as difficult as you might think.  In general the perception is that it takes the bank a long time to get back to you and then your closing is months away after you get them to agree to your offer.  I have been working with the banks on getting bank [...]

When does the $8,000 Tax Credit end?

March 3, 2010

When does the $8,000 tax credit end you ask?  You time is running out fast to get your free $8,000 from the government.  You need to have a signed and executed purchase agreement completed by April 30,2010.  You also will need to have the closing completed prior to June 30,2010 to be eligible to receive the [...]


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