Lynn Frantzen Minneapolis Real Estate

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• Short Sales

• 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% of a buyers closing costs, even if their loan program allows Read More... Posted Friday, January 15, 2010 8:42 AM by Lynn Frantzen | 0 Comments Filed under: Buyer Information

• I was previewing homes in Minneapolis today under $110,000

  I spent the morning previewing homes today in Minneapolis and Brooklyn Park. With the evenings getting dark so early there really are not enough daylight hours for my clients to see homes after work most evenings. Keeping this in mind I try to eliminate Read More... Posted Thursday, November 12, 2009 12:41 PM by Lynn Frantzen | 0 Comments Filed under: Real Estate, Buyer Information

• Foreclosure, Short Sale or Traditional Seller... that is the question for many buyers.

  In today's weekly update from MARR the came the following quote "Foreclosures are being sold roughly three times more frequently than short sales, thus the inventory of available foreclosures is dropping more quickly than short sales." I Read More... Posted Tuesday, October 13, 2009 8:36 PM by Lynn Frantzen | 0 Comments Filed under: Buyer Information, Short Sales

• Watch for this! Buyer's Short Sale Admin Fee

  I use Community Title and Escrow to help negotiate out my short sale listings. The title fees are an important part of the negotiations as the seller is asking the bank to pay all of the seller fees and possibly the buyer's fees. This just happed Read More... Posted Monday, August 03, 2009 1:49 PM by Lynn Frantzen | 1 Comments Filed under: Buyer Information, Short Sales

• Brooklyn Center Inspections?

  I called the city of Brooklyn Center today to verify when or if the city performs a point of sale inspection. They in fact do not have a point of sale inspection but they do have a vacant home registery, all homes on this registery have a safety inspection Read More... Posted Tuesday, July 14, 2009 8:32 PM by Lynn Frantzen | 0 Comments Filed under: Real Estate, Buyer Information, Community Information

• Wire Transfer vs. Cashiers Check

  Title companies use their same escrow account for all their closings. If a bad checkis accepted at closing--and yes, banks have gone out of business or have been taken over by the feds in the middle of a closing--it may be a week or more before the bank Read More... Posted Friday, May 15, 2009 9:22 AM by Lynn Frantzen | 0 Comments Filed under: Buyer Information, Seller Information