Category Archives: Neighborhood Info

High Association Dues Affect Resale Value

I sometimes run into condos and townhomes that have higher than average fees - sometimes the developments have been poorly managed in the past and are trying to make up for past transgressions and other times they are simply not being prudent with their budget.  Not only do high association fees cost each homeowner more ...

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2010 Foreclosure “Tidal Wave” Just Another High Tide?

For a year or so there have been stories of more foreclosures coming.  While I don't doubt the warning and we're starting to see a tick up in sheriff sales, I do think that given the speed that the banks are going that it will be 2011 before we see much of this expected surge of ...

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Why Loan Modifications & Short Sales Are So Tough

Minnesota Home Ownership Center does a great job of helping struggling homeowners determine and exercise their options.  Their blog post yesterday introduced me to a short article from Public Citizen that explains a large part of our problems in negotiating loan mods and short sales.

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100 Days Left to Take Advantage of Home Buyer Tax Credits

As part of its plan to stimulate the U.S. housing market and address the economic challenges facing our nation, Congress has passed new legislation that:Extends the First-Time Home Buyer Tax Credit of up to $8,000 to first-time home buyers until April 30, 2010. Expands the credit to grant up to $6,500 credit to current home owners ...

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Window Condensation and Cold Weather

With the extremely cold weather we are having right now, many homeowners complain about wet or frosted over windows.  A little frost at the bottom of windows is to be expected - when that frost is very thick or covers a large part of the window, your windows are telling you that the house has too ...

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