Author: mattvandyck

FHA-compelled repairs Minnesota

FHA Required Repairs In Minnesota And What Home Buyers Should Expect

By

A seller in South Minneapolis called me last spring, genuinely convinced her house had “failed” an appraisal because the appraiser flagged peeling paint on the porch trim and a section of compromised soffit. She’d already started telling her buyer the deal was dead. It wasn’t. FHA required repairs trip up buyers and sellers across the … Continued
How to get a free house appraisal Minnesota

How To Get Your House Appraised For Free In Minnesota

By

A homeowner I worked with last summer had been sitting on a property in Burnsville for two years, not sure whether to sell, refinance, or just stay put. She’d heard she needed an appraisal before doing anything, but balked at the fee. What she didn’t know was that several legitimate paths to a free or … Continued
multiple siblings inherit a home

What Happens If Multiple Siblings Inherit a Home in Minnesota?

By

Ownership passes under the controlling will, trust, deed, or Minnesota intestacy law. If probate is required, the personal representative gathers assets, handles valid debts and expenses, and transfers or sells property under legal and court authority. See the Minnesota Judicial Branch probate guidance for the court’s explanation of that role. home is distributed to two … Continued
Minnesota property taxes

Minnesota Property Taxes: How They’re Calculated and Why They Change

By

Minnesota property taxes start with the estimated market value assigned to your home by the county assessor. From there, your property classification is applied, such as residential homestead or nonhomestead. If your home qualifies for certain exclusions, such as the Homestead Market Value Exclusion, your taxable value may be reduced. After that, Minnesota’s class rate … Continued
Can you Sell Your House on Low Equity

How Much Equity Do You Need Before Selling Your House

By

The closing table is where sellers usually sit down expecting a big check and then watch the numbers shrink right in front of them. Before you see a dollar, your proceeds will be reduced by agent commissions, title fees, property tax prorations, and whatever repairs the buyer demanded during inspection. Getting that part wrong is … Continued
How to sell your Minnesota house with unpermitted work

Selling A House With Unpermitted Work In Minnesota

By

A finished basement, a new deck off the back, a bathroom above the garage, all look great, until a buyer’s inspector comes along and asks questions nobody has answers for. One of those things that sellers never see coming is work done without permits. Homeowners invest time and money in improvements, never imagining those upgrades … Continued

Can I Buy the Probate House Myself as an Heir?

By

Can I Buy the Probate House Myself as an Heir in Twin Cities? When a loved one passes away, it’s common for one family member to develop a strong attachment to the home left behind. Maybe you grew up there, raised your own family there, or simply want to keep the property because of the … Continued
Minnesota older home for sale

Should You Renovate an Older Minnesota Home Before Selling?

By

If you own an older Minnesota home, you do not always need to renovate before selling. In many cases, the smarter move is to fix safety issues, clean up obvious buyer objections, and skip expensive remodels that may not return what you spend. That is especially true for older homes in Minneapolis, St. Paul, Duluth, … Continued
Sell a House for Cash in Minnesota

How Fast Can You Sell a House for Cash in Minnesota?

By

If you need to sell a house for cash in Minnesota, the sale can often close much faster than a traditional listing. In many cases, a cash sale can close in about 7 to 30 days, depending on the buyer, title work, liens, property condition, seller documents, and how quickly both sides are ready to … Continued

What If the House Has a Reverse Mortgage?

By

What If the House Has a Reverse Mortgage in the Twin Cities If your house in the Twin Cities is saddled with a reverse mortgage, you can still sell it – but you need to get up to speed on the ins and outs before moving forward. Loads of homeowners in Minnesota are scratching their … Continued