Real Estate News & More

Get Educated On Home Buying- In Person Help


Home Buyer Seminars are in full swing! Conducted one for Thomson Reuters yesterday! St. Kates and Hamline in March! Now is the time to buy while interest rates are low and housing prices are reasonable (they are on the rise)!



Saturday March 7th, 2015  10:00-11:30am


St. Catherine’s University

Mendel Hall, Room 101

2004 Randalph Avenue

Saint Paul, MN 55105


10 Fun Facts About Real Estate Around the World


From superstitions to roller coasters- these ten interesting real estate facts from around the world and through history, will intrigue and entertain.

1. In Scotland, home owners paint their front door red when they pay off their mortgage. Throughout history, a red front door has symbolized many things — the ancient Hebrews believed it would protect firstborn children from the angel of death; in the early days of America, it meant the home was a safe place for travelers to stop for the night. And according to Feng Shui, a red front door invites positive energy into a home.

2. The original housewarming party was — literally — a housewarming. Guests brought firewood as gifts and lit fires in all the fireplaces in the home. Obviously this warmed up the place for the family, but it was also believed to ward off evil spirits. Uninhabited homes were thought to attract roaming ghosts, so a new home would have to be rid of that bad energy before it could become a happy abode.

3. Brass doorknobs disinfect themselves. It’s called the oligodynamic effect: The ions in the metal have a toxic effect on spores, fungi, viruses, and other germs — eliminating the organisms within eight hours.

4. Warren Buffett is one of the richest men in the world, and he still lives in the same house he bought in 1958, for just $31,500.00

5. Charles “Pretty Boy” Floyd was a Great Depression era gangster who was viewed positively by the general public. When he robbed banks, he would destroy mortgage documents, which freed many citizens of their debts

6. In new York, is is a legal requirement for a seller to disclose if a property for sale is believed to be haunted by ghosts

7. Using prefabricated modules, some builders in China are now able to build 30 story skyscrapers in as little as 15 days.

8. According to, Hong Kong, China has some of the most expensive real estate in the world. At an average of $11,000 per square foot in luxury homes, and the average property size roughly 5,200 square feet.

9. A real estate broker in the city of Ermelo in the Netherlands found a great way to encourage prospective buyers to take a quick tour of this house: his company built a roller coaster through it.

10. India’s richest person, Mukesh Ambani, built a $1 billion home. It has 27 habitable floors, including six parking floors for capacity of up to 168 cars. A staff of 600 maintain the home.




Don’t Miss Out On Your Dream Home Because of Past Foreclosure or Bankruptcy!!

mortgage appThere are many loan options available to borrowers who have experienced short sale, deed-in-lieu of foreclosure, foreclosure or bankruptcy. Below is a summary of the current waiting periods.




Click Here to see the Printable “Waiting Period” Loan Graph

* Multiple loan options are available. Specific eligibility criteria may apply depending on product chosen
**Property surrendered in a bankruptcy, is continued as a deed-in-lieu

Definitions Used in this Article:

Foreclosure- Property is repossessed when the borrower consistently fails to satisfy the loan obligations as agreed.

Short Sale- Lender agrees to accept payoff of less than amount owed in the mortgage once the property is sold.

Deed-in-Lieu of Foreclosure- Failing to satisfy the loan obligation, the borrower comes to an agreement with the lender to assign the mortgage title to the lender and avoid foreclosure proceedings.

Bankruptcy Chapter 7- Assets are liquidated and used to pay debts. Remaining bankruptcy debts are discharged.

Bankruptcy Chapter 13- Debts are paid back on a scheduled payment plan agreed upon and confirmed by the court.

Extenuating Circumstances- There are non-recurring events that are beyond the borrower’s control, that result in sudden, significant and prolonged reduction in income or catastrophic increase in financial obligations. Example of extenuating circumstances might include the serious illness or death of the primary wage earner. Divorce or the inability to sell the home because of a job transfer or relocation, does not qualify as an extenuating circumstance.


kitchen 1

Regency sign

















Don’t miss out this great condo, which is in my “Featured Listings”!

A wonderfully updated condo with a modern kitchen, private porch and use of many high end amenities; such as a roof-top deck and underground outdoor pool!


To check out all my listings, go to my “Featured Listings” tab to the left, or just click here!