L&D Realty Network
763-742-8553
25  
CARS!!! URGH!!!
 
OK I usually do not vent about personal items on this page... but I just had my car blow a head gasket.  I love driving older Cadillacs with their smooth ride.  I just never knew a head gasket could l...      Read More >>

17  
HARP Gov Refinance Program
 
The changes to the HARP program were announced by President Obama in October to allow homeowners to refinance at lower interest rates, even if their home is currently worth less than their mortgage. T...      Read More >>

14  
Search Foreclosures - new option
 
I just added a search feature for foreclosure properties.  I would love some feedback on this search feature - does it provide the information you are looking for?  Not all these properties are on the...      Read More >>

7  
Community Development Group and CD Terms
 
I am showing a home this weekend that is owned and offering owner financing thru a community development group.  The home under went a complete make over and looks gorgeous.  In addition to this they ...      Read More >>

24  
Oh what a day!
 
I had out patient surgery yesterday - nothing serious - the pain was harsh so to keep to their schedule they gave me a shot of Morphine and sent me home with even more drugs.  My hubby is a great...      Read More >>

16  
New Listing in Rosemount
 
15582 Cherry Path a Row Home in Rosemount - absolutely beautiful.  It is so wonderful to see traditional seller's coming back into the market. This home is priced to sell in a very competitive market ...      Read More >>

25  
A Victory for Loan Limits
 
Exciting news from the President Elect Gary Thomas  "We have great news to share with you. Last week, Congress voted to restore loan limits and the maximum cap for Federal Housing Authority (FHA) loan...      Read More >>

21  
Come Home 2 Edina
 
Wow!  Up to $60,000 in downpayment assistance in Edina.  Buyer's can have a household income of $84,000 for 1-4 members.  Buyer only needs $1000 of their own money into the sale and the purchase price...      Read More >>

18  
Mattress Money, It's Mine Why Can't I Use It?
 
When buying a home all cash has to come from an "acceptable" source.  Meaning you have to be able to prove it is yours in the first place and that you will not have to pay it back.  The term Mattress ...      Read More >>

11  
Veterans Day
 
My Hubby is a Veteran and very proud of it.  Today the local school held a tribute to the local Veterans and invited them to attend.  He shook hands with over 200 students then took part in a question...      Read More >>

6  
Good News from National Realtors Association
 
The National Association of Realtors (NAR) chimed in with a forecast that existing home sales should be up 1% this year, then up another 4.3% next year. Although the median price will fall slightly th...      Read More >>

25  
Closed Another Short Sale Listing :)
 
I get so excited every time one of my short sale listings closes! I really understand how hard it is for both the seller and buyer on one of these sales to hold on and wait until the end.  The truth i...      Read More >>

11  
What Makes Up Your Credit Score?
 
Credit Scores are hard to understand and explain. Each Credit Scoring Company uses a slightly different formula for figuring the score. A general thought is that 35% of your score is based on yo...      Read More >>

7  
Mortgage Forgiveness Debt Relief Act - Ends December 2012
 
Mortgage Forgiveness Debt Relief Act of 2007 (summarized below) which has been extended through 2012 through the Emergency Economic Stabilization Act of 2008.Mortgage Forgiveness Debt Relief Act of 20...      Read More >>

28  
Open House Sunday 1-3:00 at 345 Jolly Lane NE, Columbia Hts -
 
Very well cared for town with a Row-Home style, this means no neighbors in the front or back. Nice green space with the walkout back yard. Has 3 beds, 3 baths, and 2 stall garage. Built in 2006 and st...      Read More >>

23  
VA Fees Lowered for Veterans
 
...      Read More >>

3  
HUD Houses - how to read their listings
 
Recently I have been seeing more HUD Houses on the market.  Many of my first time home buyer's are seeing this also.  The website to check out the full listings at is www.hudhomestore.com .  If you ar...      Read More >>

8  
Income Limits for Downpayment Assistance Programs
 
Currently the income guidelines range from a maximum of $46,200 - $84,600 for a household size of 1+.  There are several different programs with $3000 to $8500 in down payment assistance.  These progr...      Read More >>

29  
What to say in a short sale hardship letter
 
In short do not make the short sale hardship letter any more difficult that it needs to be.  The basic format is to first write about when you purchased the home and what your financial situation was ...      Read More >>

28  
700 Valhalla Reduced to $219,500
 
700 Valhalla is set in a beautiful setting of nature.  3-season porch overlooking private back yard with nicely landscapped pool. Located on the boarder of Ham Lake and East Bethel, an easy commute fr...      Read More >>

14  
Broker Open at 10501 Wren St NW
 
I am hosting a Broker Open at 10501 Wren St NW on Tuesday June 14th from 11-1:00.  Everyone is welcome to attend - broker, agent or public.  The fun of a Broker Open is Lunch is Served!  Realtor's kin...      Read More >>

2  
Another one is sold
 
Wow the market seems to be picking up.  I am trying to schedule my weekend showings and several of them are no longer available.  It is frustrating as the buyer and exciting to see the market holding ...      Read More >>

16  
Car Shopping.... urgh!
 
I drive about 1200 miles a week showing homes and meeting with clients.  I love my job! The downside is I really rack up the miles and kill a car quickly.  Buying new makes no sense as the d...      Read More >>

7  
Contract for Deeds
 
WOW just look at Craigslist and you will see how many seller's think they can sell on a contract for deed.  Most seller's don't realize that their current mortgage most likely has a due on sale clause...      Read More >>

29  
Dakota County Down Payment Assistance
 
Dakota County issued some new money at 4.6%, guidelines are listed below.   ·         FHA/VA underwriting guidelines     ·         Home buyer education is required.   ·         $750.00 minimum ...      Read More >>

23  
Townhouse Showings are Up
 
Recently I have been showing many more townhomes than I have been lately.  Prices are down so low that most renters can enter the home buyer's market for less than they are currently paying for rent. ...      Read More >>

16  
Redemption vs Short Sale
 
My new listing at 17974 Vance Circle NW in Elk River is a traditional seller even after the Sheriff's Sale.  Yes the home is in the process of foreclosure, if the home does not sell during the redempt...      Read More >>

29  
Our Short Sales Listings Are Closing!
 
It is exciting to be able to report progress on my short sale listings to the anxious buyer's and seller's.  It seems to move at a snails pace when you are the client waiting for a progress report, bu...      Read More >>

21  
Broker Admin Fee
 
I DO NOT CHARGE THIS... I really did not know how unusual this was until a lender one of my buyer's is using insisted on having it on their estimate for closing costs.  It actually took myself and my ...      Read More >>

10  
Multiple Offers are Back
 
Lately I have been working with buyers and running into multiple offer situations again.  I always remind my clients that a seller does not have to notify a buyer if there is more than one offer,...      Read More >>

31  
Showed Homes in Coon Rapids Tonight
 
This evening I showed 2 homes in Coon Rapids.  The first was a short sale the second was a foreclosure.  I am writing about this as most buyer's assume the foreclosure will be in rougher shape than a ...      Read More >>

9  
The Secret is Out - L&D Realty Network is a Reality
 
We have talked, planned, changed our minds and planned some more....  finally we have it right!  L&D Realty Network is official - I have opened my own Real Estate Brokerage.  The future is bright ...      Read More >>

26  
New Years Excitement
 
I have a secret....  everyone will have to wait until after the first of the year to find out what!  In the mean time enjoy the holiday season. ...      Read More >>

25  
Moved Mom and Dad
 
What a week - we sold mom and dad's home of 39 years.  It was time for a 1-level townhome with no more stairs.  It takes alot of work, patience, and emotions to make a move like this. Not everything w...      Read More >>

14  
Frustration with some lenders
 
OK I know that there are some very good lenders - the one that your agent recommends generally is a good choice.  The frustration comes when the buyer picks the own lender - maybe a family friend, bec...      Read More >>

12  
What to include in a hardship letter
 
First provide a solid explanation of as to how, you have landed yourself in hardship. For example, how your financial condition is right now compared to when you first obtained the mortgage. Mention a...      Read More >>

9  
Co-Signer or Co-Borrower
 
What is the difference between a co-signer and a co-borrower? In the world of FHA there is a big difference. A co-signer needs to have a relationship with the buyer, such as a family member. A smaller...      Read More >>

3  
Facebook... yes or no?
 
I personally enjoy Facebook as a great way to keep contact with extended family and old friends. It has really been fun to see what cousins are doing, see photos of friends and their children. Even an...      Read More >>

27  
Wire Transfer vs. Cashiers Check
 
Title companies use their same escrow account for all their closings. If a bad check is accepted at closing -- and yes, banks have gone out of business or have been taken over by the feds in the middl...      Read More >>

18  
Crazy times
 
Sometimes I believe we create our own roller coasters and sometime things out of our control create the ride we are on. This is not as deep as it sounds - I am talking about the pace of the market as ...      Read More >>

14  
Making a Stronger Offer on a Bank Property
 
Some buyers that are very qualified to purchase a home are having difficulty with getting a bank to accept their offer. Part of the problem is that banks only want to payout no more than 3% towards a ...      Read More >>

22  
New Construction without a Model Home
 
I was out trying to show some new construction this week in St Paul Park - only problem is there are no "finished" homes to show the buyer. Builders are only building when they have a buyer and don't ...      Read More >>
 
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