16682 Hudson Avenue Lakeville, MN 55044

Property Site: http://tour.remax-northcentral.com/home/3HQSSF

This immaculate home has an open design with vaulted ceilings for a very spacious feeling. The home is filled with natural light, adding to it's wonderful ambiance. The living, dining, and kitchen area was renovated in 2014, and features hardwood flooring. The kitchen features stainless steel appliances, Silestone countertops, and subway tile backsplash. The sliding door in the dining area walks out to a sizable deck overlooking the large back yard. Beautiful stone tile is the feature of  the large foyer. On the upper level there are three bedrooms, all with built-in closet organizers. The master bedroom has a makeup vanity, and a walk-in closet. The beautiful pass-through bath has stone tile flooring and a new vanity with Silestone vanity top. The combination of subway and glass tile throughout the bathroom is stunning! The lower level features a very large family room, a finished laundry room, and a 3/4 bath. Other updates include a new garage door (2009),roof (2010), water softener (2013), and insulation added to the roof. This home has easy access to major roadways, and is conveniently located near schools, parks, trails, and shopping. A one-year home warranty is provided for the buyer of this fantastic home!

Bedrooms: 3

Bathrooms: 2.00

Square feet: 1,878

Price: $264,900

For more information about this property, please contact Jon Hoffmeister at (952) 942-3480 or jon@hoffmeisterhomes.com. You can also text 2879876 to 67299.

See more listings at: http://www.results.net/jon.hoffmeister

MLS ID: 4617347

Eliminate Mortgage Insurance

Why would you consider refinancing if your mortgage is only two or three years old and the rate is not considerably higher than what is currently available on new loans? Because you may be able to eliminate the mortgage insurance and have significant monthly savings.

Many homes have seen their values rise in the past few years. The current loan-to-value ratio may be low enough to no longer require mortgage insurance. In some cases, a homeowner might actually pay a little higher rate than they currently have but lower their monthly payment dramatically because the mortgage insurance isn’t required.

A rough rule of thumb is that mortgage insurance is not needed on loans at or less than 80% of value. There could be programs available that would allow a higher LTV than 80%.

Careful consideration should also be given to the fees required to refinance. Lenders differ in not only the rates they charge but also the fees associated with the loans and the process. If you’d like a recommendation of a trusted mortgage professional, we’d be happy to make a recommendation.

Monthly Skinny: June

Where Are the Sellers?

Low inventories resulting in multiple offers are contributing to what experienced agents are calling the most challenging market they’ve ever worked. While buyers with resources may find the market difficult, purchasers with minimum cash and credit are struggling to find and get into a home.

First-time buyers feel the impetus to purchase because they’re renting and are concerned about being priced out of the market with rapidly appreciating prices and rising interest rates.

Sellers may not feel the same urgency because they already own a home. While they might find it appealing to change homes, they may not feel a pressing motivation causing them to act.

In some cases, sellers are so attached to their low interest rate mortgage that instead of selling, they’re keeping the home for a rental property. This may be a good investment for people with additional cash resources for the down payment and closing costs on the replacement property.

Why now is a good time to sell:

1. The economy is strong.
2. The majority of home sales occur in the months of May through September.
3. Many buyers find it preferable to move in the summer because their children are out of school and they can avoid the winter weather.
4. Mortgage rates are still very low but are starting to rise.
5. Current low inventories in most markets result in higher prices and less competition.

Contact your real estate professional to evaluate the opportunities of making a move.

Homes for sale - 9629 Little Road, Bloomington, MN 55437

9629 Little Road Bloomington, MN 55437

Property Site: http://tour.remax-northcentral.com/home/TMCTTQ

Desirable West Bloomington location! New roof 2013.Private 3/4 master bath. 3 bedrs on main level, 1 down. Wainscoting and wide base trim. Vaulted and beamed ceiling in living,dining, kitchen. 2 skylights in kitchen. Paver patios & walkway. Private yard., Directions France Ave to 98th Street West, west 0.3 miles to Little Road, north to property.

Bedrooms: 4

Bathrooms: 3.00

Square feet: 2,366

Price: $329,900

For more information about this property, please contact Jon Hoffmeister at (952) 942-3480 or jon@hoffmeisterhomes.com. You can also text 2849417 to 67299.

See more listings at: http://www.results.net/jon.hoffmeister

MLS ID: 4611695

Take Pictures Now

Preserve the memories you’re making by taking photographs of your home now. The pictures will remind you of the role your home played with your family and life.

Reminiscing is easier when scrolling through pictures to remind you of people and times. One of the least heard regrets is that we should have taken more pictures.

Shots to consider:

• The front of the home from across the street    
• Times when your yard and plants looked exceptional
• Holiday decorations
• Special occasions in the homes like birthdays, anniversaries, graduations, etc.
  Home improvements
• Major purchases for the home
• Times when the home looked the best and the worst
• Family, friends and pets in the home
• Your children’s height marks on a door frame
• The view from a favorite window

From an organizational standpoint, put the pictures in a folder with your address as the name. Even if you don’t take time to name each picture, you’ll have the file date to identify when it was taken. Since the cost of film and processing has disappeared, there is little reason not to chronicle your life in pictures.

5104 Bloomington Ave S, Minneapolis MN 55417, USA - Virtual Tour

5104 Bloomington Ave S, Minneapolis MN 55417, USA - Virtual Tour

Homes for sale - 5641 126th Street W, Apple Valley, MN 55124

5641 126th Street W Apple Valley, MN 55124

Property Site: http://tour.remax-northcentral.com/home/LHGK9S

This multi-level design provides flexibility & separation of spaces. This row-style town home has windows at the front and back. Vaulted ceilings create an open feel, and a skylight allows extra light in the kitchen. LL has fam rm, 3/4 bath and laundry rm, Directions Hwy 13 to Lynn Ave, S to 126th St to home

Bedrooms: 2

Bathrooms: 2.00

Square feet: 2,539

Price: $159,900

For more information about this property, please contact Jon Hoffmeister at (952) 942-3480 or jon@hoffmeisterhomes.com. You can also text 2827075 to 67299.

See more listings at: http://www.results.net/jon.hoffmeister

MLS ID: 4607937

Make Your Offer Standout

If a seller was looking at two offers for exactly the same price on their home, there would still be things that could make one standout more than the other. If there happens to be more than two offers, things can really get sticky for a buyer. For that reason, it is good to craft the most attractive offer possible because even if you don’t have competition now, another offer could come in during negotiations and derail all your efforts to that point.

Anything that can give the seller the peace of mind that one contract will close on time and as agreed will make them more comfortable in accepting one offer over another. Buyers can consider putting up larger than customary amounts of earnest money and limiting the contingencies to only the most essential items.

The closing costs could be more expensive to the seller based on the type of mortgage a buyer is obtaining. One buyer may be asking the seller to pay part or all of their acquisition costs and the other buyer is paying their own costs.

The borrower who has a signed, preapproval letter will appear to have a greater certainty to closing than a buyer who only says they have talked to a loan officer. Some lenders' letters are considered “gold” and others may not be worth the paper they’re written on. The seller will depend on their listing agent to advise them.

In most cases, the seller will be taking all or part of the cash they receive from the sale of their home and buying another one. If they have to put a contingency clause in the contract based on their current home selling, it weakens their position. Conversely, it will strengthen a buyer’s position if they don’t have to make their offer contingent upon selling their current home.

Even shortening the inspection periods and offering to close early or possible lease the home back to the seller for a short time can be valuable negotiating factors.

Finally, don’t overlook the value of a personal hand-written letter that tells the seller why you want their home. An emotional connection has been known to make a difference for one set of buyers getting the home.

740 7th Street N Montrose, MN 55363

Property Site: http://tour.remax-northcentral.com/home/QQENHX

Spacious eat-in kitchen with large 3x5 island. Vaulted kitchen, dining, living/ area. Walk-in closets in both bedrooms. Maintenance free siding and windows.Huge open green space beyond property lines with pond, wetland, and park for great views!, Directions HWy 12 to cty rd 12 north to left on 7th St N and the home is on the left

Bedrooms: 2

Bathrooms: 1.00

Square feet: 1,091

Price: $145,000

For more information about this property, please contact Jon Hoffmeister at (952) 942-3480 or jon@hoffmeisterhomes.com. You can also text 2824194 to 67299.

See more listings at: http://www.results.net/jon.hoffmeister

MLS ID: 4607292

5104 Bloomington Avenue Minneapolis, MN 55417

Property Site: http://tour.remax-northcentral.com/home/PWSUXX

Highlights of 8104 Bloomington Avenue, Minneapolis

 

*This fabulous 1½ story home is just 4 blocks from Lake Nokomis, and is conveniently located on the bus line.

 

*Privacy fencing surrounds the backyard creating a private oasis featuring lovely landscaping. You can unwind in the Cal Spa hot tub situated on the 20 x16 deck.

 

*The sizable dining room at the front of the home features coved ceilings, two large windows and gleaming hardwood floors. This is a great space for entertaining guests!

 

*Updates in the kitchen include granite countertops and oak cabinetry featuring a large pantry and a built-in desk. The large counter-height seating area is a great convenience!

 

*The spacious addition sets this home apart! This room boasts a wood-burning fireplace set in a stone surround with an oak mantle, French doors, and a window seat that opens for storage.

 

*The spa-like bathroom has it all! You'll enjoy relaxing in the large walk-in shower or soaking in the Kohler soaking tub. There is a double sink vanity, and a 2nd makeup vanity.

 

*The freshly painted main floor bedroom is located at the front of the home and features 2 windows and beautiful hardwood flooring.

 

*The upper level bedroom features a walk-in closet and 2 skylights.

 

*The lower level consists of a family room, laundry room with 1/2 bath, storage/mechanical room, and a den which could be converted to a 3rd bedroom with the addition of an egress window.

 

*Additional features of this fine home include: updated electrical, 75-gallon hot water heater, April Aire humidifier, vinyl clad windows, vinyl siding, Leaf Guard gutters, and a 2+ car garage.

 

*A one-year HMS home warranty will be provided for the buyer of this home!

 

Bedrooms: 2

Bathrooms: 2.00

Square feet: 2,023

Price: $250,000

For more information about this property, please contact Jon Hoffmeister at (952) 942-3480 or jon@hoffmeisterhomes.com. You can also text 2814122 to 67299.

See more listings at: http://www.results.net/jon.hoffmeister

MLS ID: 4602255