Brok Hansmeyer Duluth Realtor : Keep these things in mind if you are selling real estate to family, so you can still eat Thanksgiving Dinner together! If you are just joining the blog, see the previous post on selling real estate to family, to get all my tips on this issue! If you are selling, […]
Selling Real Estate to Family, The In’s and Out’s: Part 1
Tricky Business: Selling Real Estate to Family – Do these things to prevent strained family relations later on! Over the years I’ve seen an interesting phenomenon when it comes to family members selling their homes. They could be totally unhappy in the house for a number of reasons, however they still want to sell their […]
Do interest rates really matter?
Do interest rates really matter? Can 1%- 2% really make a difference? After the real estate crash of 2007, home interest rates started falling, and have remained low for years. How low? I’m in my 30’s, so I have no reference point of buying houses when they were really high. But, I have clients who […]
4 Reasons to List Today, Instead of Next Year:
4 Reasons to List Today, Instead of Next Year: It’s no secret that the Duluth real estate market heats up big time as the big thaw happens in the spring. So, if you’ve missed the spring rush, shouldn’t you just wait out the winter, and put your home on the market in the spring? Here’s […]
What’s the best mortgage option when you don’t have cash?
What’s the best mortgage, when you don’t have the cash to buy a house? From the video: The easiest and most convenient way to buy a house is to buy it cash. But, if you don’t have the financial resources to do that, I recommend getting a 15-year fixed-rate mortgage. The reason why is that […]
Setting the Record Straight on Rental Property as an Investment
Is rental property a good investment? Why Invest in Rental Properties? As a REALTOR, a number of questions from folks wondering about whether or not rental properties are really a good investment in the Duluth area. There have been a number of stories in the news vilifying landlords and a lot of unease regarding the […]
Real Estate 101: What is Equity, and why do we want it?
What is Equity? The word “equity” goes hand in hand when talking about real estate. Everyone wants it, but not everyone has it, and not everyone will get it when buying a home. So, what does it mean?! And, do you need it? Equity is the difference between what is owed on a property, and […]
