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IRS Reports First Time Home Buyer Tax Credit Abuse

The IRS says there was significant abuse and fraudulent claims related to the $8000 First Time Home Buyers tax credit. Pretty shocking numbers… $29 Billion dollars given to 4 million people, and the...

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NAR fees are up, and I’m on a budget

NAR fees are up, advertising costs are up, real estate sales are down, but as a Real Estate Agent, you need to find more clients, and you need to do it on a budget. Here are a few simple tools to...

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Refinancing? Common mistakes to avoid

Mortgage Interest Rates are near historic lows. You want to refinance? Common mistakes, and what NOT To Do There are a lot of things “not to do”. I will point out only the 3 most common mistakes I see...

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Current lending rules too tight

The percentage of mortgage applications rejected by the nation’s largest lenders increased last year, spotlighting how banks’ cautious lending practices are hampering the nascent housing market...

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There are differences in Loan Officer qualifications. Know how to tell who...

Is your Loan Officer Licensed, or simply registered? There is a BIG difference YOU need to understand Recent changes to the lending industry requires all loan officers to have a tracking number, known...

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Government to step in with new refinance options?

Minneapolis, MN: Many reports have surfaced recently that the government is seriously considering a wide range of ideas to assist consumers in refinancing their homes loans owned by Fannie Mae and...

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Winning or losing – How to play the Mortgage Interest Rate Game

Mortgage interest rates — just like stock prices — change price daily and you can win big or lose big if you don’t know what you are doing. #1 Mortgage Interest Rate and Lender Shopping Tip | MN and WI...

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USDA Home Loans are Zero Down Payment

USDA 100% Home Loan Financing - Best Kept Mortgage Secret!  7 out of the 11 Twin City County Areas are eligible. These properties are closer than you think! The USDA Guaranteed Rural Housing Mortgage...

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The Truth about Short Sales

SHORT SALES: TOP 10 MYTHS DEBUNKED! Myth #1: The homeowner must fall behind on mortgage payments in order to qualify for a short sale.   Truth: Years ago this may have been true, but not today A...

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How to find a great Mortgage Loan Officer

Find a great Mortgage Loan Officer, and everything else when buying or refinancing your Minnesota or Wisconsin home will be OK. Makes sense, but do you know how to shop for a mortgage? Watch this video...

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Advantages of a Mortgage Professional vs Application Clerk

Advantages of a Mortgage Professional vs Application Clerk Buying a home is an expensive proposition, and usually the largest single financial transaction of the average persons life.  Not all...

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Twin Cities real estate market hits 10-yr high

Minneapolis, MN: The Minneapolis, St Paul area real estate market reached a 10-year milestones in June 2015, with signed purchase agreements rising 19.2 percent to 6,266. Last year, closed sales had...

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