June 2011
  

 

 

 

In This Issue
5 ways sellers can compete with foreclosures
4 Signals It Might be Time to Buy (vs. Rent) Your Home

  

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Summer may not have officially begun, but in Minnesota it starts right after Memorial Day. The signs of summer slowly start to pop up, from backyard barbeques to planning that vacation getaway. As the days get longer, there comes more opportunities for summer fun and families begin to enjoy what summer has to offer.

 

Summer is also the perfect time to explore the great opportunities available in the real estate market. If you or someone you know are thinking of buying or selling, give me a call.

 

Kristi

Coldwell Banker Burnet  

612-309-8332

kdweinstock@cbburnet.com

www.KristiWeinstock.com

 
 

5 ways sellers can compete with foreclosures

By Scott Van Voorhis of Bankrate.com

Risky foreclosures could help savvy sellers

The cloud over foreclosures comes with a silver lining for homeowners who are seeking an edge when they sell real estate in a strong buyers market.

The good news for sellers is that foreclosures look risky again. Savvy sellers - or those who have equity and are current on their house payments - could turn the tables and use the robo-signing follies to their advantage, experts say.

"I am not seeing buyers afraid (yet) to buy a foreclosure," says Elizabeth Weintraub, a real-estate broker in Sacramento, Calif. "They should be."

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4 Signals It Might be Time to Buy (vs. Rent) Your Home

 

By Tara-Nicholle Nelson

 

To rent or to buy: what used to be a given - that you would buy a home as soon as you could afford to - has become an agonizing conundrum for many a would-be homebuyer, in the face of the housing market's big bust and super-slow recovery. Low prices seem to create a wide-open window of opportunity, but they also create the concern that prices will keep falling after closing. And that Catch-22 has hundreds of thousands of buyers-to-be stuck on the fence.

 

Fortunately, there are handful of life, mortgage and local market signals which indicate that the time *might* be right to hop - scratch that - leap off the fence and into homeownership:

 

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