“Your Mileage Points May Vary” Once upon a time, it was (fairly) safe to tell Buyers that the maximum contribution that a Seller could make toward the Buyer’s closing costs was 3%. No more. Here’s the current, updated “cheat sheet,” courtesy of Edina Mortgage’s Keith O’Brien: FHA is 6% regardless of down payment. Conventional is...Read More
(Non-Local) Realtor Gaffes and Flubs You might be a redneck if you think Sherlock Holmes is a housing project down in Biloxi. –Jeff Foxworthy, comedian In the spirit of Jeff Foxworthy’s “you might be a redneck if . . .” litany of jokes, I thought I’d offer my own Minneapolis-based Realtor version — mostly drawn from my...Read More
