Shakopee Short Sale Reduced $39,000!

shakopee short sales

This truly is one of the best Shakopee short sales on the market! Just reduced with a BANK APPROVED short sale price offer of only $291,000. There are about $17,000 in assessment on this home as city sewer and water were connected, and the buyer must assume those. Either pay for them through 2018, pay [...]

Online Minnesota Short Sale Seminar For Sellers

short sale seminar minnesota

If you are thinking of selling you home in Minnesota and owe more than your home is worth you may be comparing foreclosure vs short sale and wondering what your options are. Tom Scott at Re/Max Advantage Plus and the Twin City Real Estate Team will be hosting a 1-2 hour short sale real estate [...]

What is a Shakopee MN Short Sale?

Shakopee short sale real estate agents

Shakopee Minnesota Short Sale Help Short sales in Minnesota can be stressful and frustrating, but they don’t have to be. What is a MN short sale? A short sale is essentially when a seller owes more on their mortgage or mortgages than the home is worth. The bank will negotiate with the seller to get [...]

Shakopee Short Sales: Bonanza for Home Buyers

representative of shakopee short sales

Bam! Bam! Bam! Did you hear that? That’s the sound of opportunity knocking!  Today’s Shakopee real estate market is presenting you with unprecedented purchase opportunities, and Shakopee short sales are holding a window of opportunity open for home buyers. Many of these Shakopee short sales listings are priced tens to hundreds of thousands of dollars [...]

Short Sale vs Foreclosure

Short Sale vs Foreclosure Realtors

Short Sale vs Foreclosure Many financially troubled homeowners are aware that foreclosure is a lengthy process and many have questions about short vs foreclosure. This was sent from an attorney, Bradley Kirscher, who specializes in short vs foreclosure. 2012 is the end of the Mortgage Forgiveness Debt Relief Act of 2007 and many are curious what [...]

With MN Short Sales, Can Cancelled Mortgage Debt Be Taxed?

Without Qualifying for Exemption, Forgiven Mortgage Debt May be Taxed I always advise you to talk to your account and or attorney as I am not an attorney or account and can not give you legal advice pertaining to MN Short Sales. With hundreds of thousands of homeowners having negotiated loan modifications, MN short sales or [...]

New Federal Program available for Homeowners on the Brink of Foreclosure

                On the brink of foreclosure?  The federal government has issued a new program that would give up to $50,000 dollars in “interest-free, forgivable loans” secured by liens against the existing home.  The loans would only be available to those in danger of foreclosure due to unemployment, underemployment or medical issues.  For all that apply, [...]

Shakopee MN MLS Short Sales Are Selling, BUT…..

With all the talk about short sale homes in Shakopee many buyers are wondering what is going onin the current market place. I took a look at only the Shakopee short sales and what their numbers looked like so far this year accornding to the MN MLS. For those looking at the MLS online website, [...]

Shakopee Short Sales Changes

As many of you have likely heard, there is widespread concerns in the lending community that title may not be clear on closings during the redemption period.  This is causing some lenders to not approve buyer’s mortgage for properties closing in the redemption period for short sale homes.  The concerns of FNMA, Freddie Mac, and [...]

Shakopee Short Sale Market Update

I just baffled myself this afternoon when putting together my market update of the Shakopee short sale homes currently on the market. Seriously I was shocked when I learned of the 305 homes currently shown as active on the market 85 of those homes are listed as a Shakopee short sale. Short sales in Shakopee [...]