Corporate vs. Individual Homeowner Owner: National Residential Nominee Services Inc, 7500 Dallas Pkwy Ste 100, Plano , TX Taxpayer: National Residential Nominee Services Inc, 7500 Dallas Pkwy Ste 100, Plano , TX –Property tax statement, Hennepin County One of the first questions I try to answer when checking out a listing is, “who owns it?”...Read More
51% Off! I’ve certainly seen price reductions of $77,900 (or more). But, I don’t recall ever seeing one for that amount (yesterday) off of a home listed for $152,900. If you’re doing the math, that’s a reduction of almost 51%(!), to a new asking price of $75,000 The home, located in South Minneapolis’ Regina neighborhood, has...Read More
“In the future, everyone will be world-famous for 15 minutes.” –Andy Warhol (1968) Warhol’s line about people also to applies to (some) houses. Like this Lowry Hill cottage (above) on Minneapolis’ Kenwood Parkway, showcased in “What You Get For . . . ” in the current Real Estate section of The New York Times. The five...Read More
Going . . . Up What do you suppose happens to a one-story home, on a .20 acre lot in a prime location (just north of the Greenway, and equidistant to Lake of the Isles, Lake Calhoun, and Cedar Lake), that’s surrounded by two-story homes? In the case of this just-Pended rambler on Dean Parkway in Minneapolis,...Read More
Hot Property “Home needs some cleaning, painting and small repairs. Nice neighborhood and backyard.” –Agent Remarks; MLS Does a “For Sale” home’s condition matter? The short answer: yes — but price matters even more. Exhbit A Witness this 3 Bedroom/2 Bath Bloomington rambler, listed last week for $130,000. That compares with a 2011 tax assessed...Read More
“Sell What You Have” Dept. The lead photo for this “For Sale” Minnetonka home certainly looks like a garage — but if so, where’s the access? Puzzler #2: is the listing agent really using the lead photo to show off the garage? (Note: it’s customary to use the first photo to show the home’s front,...Read More
