Recent Blog Posts by Team Jeff Tollefson

Short Sales Becoming Easier And Faster

Senate bill requires response to short sale requests within 75 days By Andrew Scoggin  • February 20, 2012 • 2:57pm A new Senate bill aims to speed up the short-sale process by requiring mortgage lenders or servicers to respond within a mandated timeline or face potential fines. The bill, introduced late last week by Sen. Lisa Murkowski, R-Alaska, ...

Freddie Mac to increase short sale incentives

  By Jon Prior • February 6, 2012 • 4:10pm Freddie Mac will soon increase incentives paid for completed short sales, according to a spokesman for the government-sponsored enterprise. Short sales increased dramatically since the crisis struck in 2007. Both Fannie Mae and Freddie Mac completed 112,935 of these transactions in the first three quarters ...

National Sports Center announces plan to create a series of outdoor sports expos for the new Sport Expo Center at Schwan Center

News ReleaseFor Immediate Release, February 2, 2012For more information: National Sports Center - Barclay KruseNSC Chief Communications Officer763.785.5634bkruse@mnsports.org Blaine, Minn. (February 2, 2012) – At the National Sports Center (NSC) in Blaine a new 20,000 square foot Sport Expo Center is currently under construction. And in keeping with the NSC’s proven formula for success, ...

List of Improving Housing Markets Nearly Doubles in January

 January 9, 2012 - The number of housing markets showing measurable improvement nearly doubled in January with the addition of 40 new metros to the National Association of Home Builders/First American Improving Markets Index (IMI), released today.  The IMI now boasts 76 improving markets, up from 41 in December, with 31 states and the District of Columbia represented by at least ...

Independent Living 55+

  Services Offered by Independent Living Communities  Independent Living, often referred to as Retirement Communities, Congregate Living or Senior Apartments, are designed specifically for independent senior adults who want to enjoy a lifestyle filled with recreational, educational and social activities with other seniors. These communities are designed for seniors who are able ...

Private Equity Readying a Run on Foreclosures

 The market is prime and if you are thinking of buying foreclosures regardless of where it is Blaine, Mn,  Coon Rapids, MN, Anoka County Mn It just does'nt matter you will have competition from other investors.  As the Obama administration and federal regulators work on a program to sell government-owned foreclosures in bulk to investors, those investors aren’t wasting ...

Short sale approval letters, high fives, and hang tens

Steps to Take when Receiving Short Sale Approval If you have ever received an approval letter for a short sale, then you have probably applauded yourself for a job well done. Or, perhaps you and your colleague did a high five when the approval letter appeared in your email inbox or in the fax machine. Well, I’m here to tell you not to high five quite yet. The first thing that you ...

2121 135th LN Andover, MN 55304

    Modified Two Story - Andover, MN     Schedule a Showing Blaine Homes for SaleSearch All Arden Hills HomesArden Hills Homes For SaleSearch All Homes For SaleCoon Rapids Homes for SaleAndover Homes for SaleHomes Close to Where You WorkAvoid Foreclosure Visit Property Website     2121 ...

Why Real Estate Is Still A Great Investment

After the real estate bubble burst in 2008, many people were scared away from investing in real estate. After all, they thought real estate could never go down. That was many people's belief up until that crash.  Maybe they bought a home at the peak, and got crushed. It's unfortunate. The problem is, many of these people were flippers investing for capital gains, and not investing for passive ...

The Price Of Waiting For Home Prices To Fall

  Many purchasers have been sitting on the sidelines waiting for home prices to hit bottom. They want to guarantee that they are purchasing at the best possible price. Like them, we also believe that prices still have some room to fall in most markets. However, we disagree that waiting is a good financial decision. The buyer should not be concerned about housing prices. They should be concerned ...

Rates On The Rise Now Is The Time To Buy!

   This story was provided by Inman News. Signs that an economic recovery is picking up steam sent mortgage rates surging this week, with 30-year fixed-rate mortgages breaking through 5 percent to their highest level since April 2010, Freddie Mac said in releasing the results of its weekly Primary Mortgage Market Survey. A separate survey by the Mortgage Bankers Association suggests ...

Do You Qualify For A Short Sale

Should you find yourself with a serious financial problem and no longer able to afford to make your mortgage payments, you might want to consider attempting to do a short sale. If you're allowed to execute a short sale, your mortgage lender has agreed to accept an amount less than the full outstanding balance of your loan as payment in full. A better alternative to bankruptcy or foreclosure, a short ...

Hud Homes

  What can be more exciting to investors than the possibility of buying HUD homes that are priced sometimes almost half of what they are worth? The opportunity to earn huge profits from these houses is so great that they have become hot items in the real estate market.However, you have to face the fact that you are not the only investor who is interested in buying foreclosure properties. The ...

Home Auctions Get The Right Advice On Auctions In Blaine, Andover, Anoka, Coon Rapids, Fridley And Champlin

Buying Homes Via Auctions-An Experienced Opinion Some foreclosed homes are being offered lately for sale via auctions & as such, are listed on for sale on the MLS with various brokers with information about either a specified auction time/date/place and/or an on-line pre-auction bid process. Don't overlook these offerings because of inexperience with an auction or the inconvenience of the auction ...

Flipping Houses

Flipping Houses: 10 Things An Investor Needs To Know Before Jumping In. Even in these tough times, with the housing market crashing back to Earth, they're still able to turn a profit. But not everyone is so lucky. Investors and speculators have fled the real estate market in droves. The national inventory of homes for sale is well over a million and a half and rising. However, in each state, each ...