I don’t know about my just-graduated son, but as a parent, one of the things I liked most about Minneapolis’ Southwest High School was the supportive, collaborative culture. Exhibit A: this past Winter, when my son and several classmates had their local alumni interview for a certain Ivy League school at a Linden Hills coffee shop. Unbeknownst(?) to...Read More
Housing Comp’s vs. Lender Comp’s To Realtors, a Comp (“Comparable Sold Property”) is a nearby, recently sold home similar in size, style, and condition to the “subject home” (the home being valued). What’s a “Comp” to a lender? The borrower’s annual income for any given year. Excluding a Harmful Comp Just like the key to...Read More
