Extending Buyers a Helping Hand (& Leg & Arm) (One more) pop quiz: what’s the biggest source of fraud in today’s housing market? A. Inflated appraisalsB. Seller downpayment “gifts” to their BuyersC. Borrowers falsifying data — including income –on their mortgage applicationsD. Shaky mortgages bundled into securitized debt and re-sold to investors Answer: B. Think...Read More
Great Price + Seller-Paid Pts. = No Deal? We may be small, but we’re slow. –Cal Tech football team slogan If you’re a Buyer contemplating an offer on an upper bracket Twin Cities home, congratulations! You’ve never had more choices — or more eager Sellers. Just one word of caution, though: Decide whether you want...Read More
