New-and-Improved in Fern Hill The Seller (my client) moved out in July. Guess who moved in? Not the Buyers — their contractors. Six months from now, this 1937 Colonial will have undergone a top-to-bottom renovation costing well into six figures. Take a project like this, multiply by 10 (conservatively) over the last 2-3 years, and...Read More
What’s an Investor to Do? [But] as long as the music is playing, you’ve got to get up and dance. –Former Citigroup CEO Chuck Prince Perplexed by a stock market that (inexplicably?) is once again on the rise — along with all manner of commodities (oil, gold, silver, etc.)? That, despite at best conflicting economic...Read More
What Are They Really Worth? Put it this way: the picture of toilet paper should give you a hint. First, some background. In Minnesota, the first things that typically lead off any offer to purchase residential real estate are the Buyer’s earnest money check, and a pre-approval letter from a lender (unless the Buyer is...Read More
