Learn about the Twin Cities real estate, minnesota real estate, minnesota home financing, minnesota mortgages, FHA, VA, Reverse Mortgages, Debt Consolidation, refinancing, first time buyer programs, interest only loans, located in Edina working throughout Minneapolis and St Paul.
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Single-Family Homes for Rentals in the Twin Cities Single-family homes used for rental property have distinct advantages over other types of investments. An investor can borrow 75-80% at fixed interest rates on appreciating assets with definite tax advantages and reasonable control. T...
If I'd Only Bought-Will you look back with regret? We've probably all said or at least thought "if I knew then, what I know now, I would have done things differently." We should have stayed in school longer. We should have listened to our parents. We should have bought Apple stock in 2002 for...
Here is an idea: Great Investment If you invest in a savings account, you'll make less than 1% and will have to pay income tax on the earnings. On the other hand, contribute something extra to your house payment on a regular basis and you'll essentially, earn at the mortgage interest rate which i...
Choose Your Deduction One third of all U.S. households, 75% of households with more than $75,000 income and most homeowners itemize their deduction on their federal income tax returns. It makes sense because the interest paid on their mortgage and their property taxes probably exceeds the...
Risk Determines Rate Regardless of what a lender quotes on mortgage rates, the actual rate paid by a borrower is based on a number of variables. Lenders determine whether to loan money and at what rate based on the risk involved with the transaction. Factors that increase the risk that th...
Here is our latest TV show talking about mortgage and real estate opportunities as we see them today.
Recently I met with one of our resources-attorney Leslie Kimes. We discussed divorce and real estate and the disposition of real estate to of of the spouses. I was not aware of the use of the summary real estate disposition judgement. What a unique tool!. Leslie wrote the following to share wit...
WE have an outlet for 203K's Both full and streamline. Watch this fun video to see the difference. When you are ready to discuss your project or home buying needs, please give us a call. 203k Home Improvement Loans Part 2 of 2
FHA recently raised the monthly MIP (mortgage insurance premium) on 30 year loans to 1.15% if you put less than 5% down and 1.1% if you more than 5% down. This is quite a dramatic change, as it was only a few years ago that it was .5%. With the cost of mortgage insurance increasing, it might n...
FHFA Extends Refinance Program By One Year Washington, DC -- Federal Housing Finance Agency Acting Director Edward J. DeMarco has announced an extension of the Home Affordable Refinance Program (HARP), a refinancing program administered by Fannie Mae and Freddie Mac, to June 30, 2012. The progra...