Wednesday, February 24, 2010

Become a Home Buying Expert - First Time Home Buying Seminar Saturday 3/6

Buying a home in today's market can be very challenging with a glut of bank owned and pre-foreclosure properties on the market. There are deals to be had out there but with the positive upside comes many new risks. Join Jam Associates on Saturday, March 6th to get all the information needed to make an educated decision on your biggest life purchase. Information will include education on "short sales", facts on current market conditions, and tips for saving money on your loan. All prospective home buyers will leave with a complete home buying packet with extra info on the current $8000 and $6500 Federal Tax Credits, inspection ideas, current properties for sale, and a detailed list of the steps involved in purchasing real estate. Attendees will have plenty of time to get their questions answered in a friendly, casual atmosphere.

The seminar is FREE and requires no obligation. This is your chance to become a home buying expert!

Here are the details:
Saturday, March 6th - 10am
5201 Eden Avenue Suite 100, Edina

Please RSVP to

Wednesday, February 17, 2010

Workshop to Help Save Your Home

Wells Fargo is hosting Home Preservation Workshops at the St. Paul RiverCentre on February 17th and 18th from 10:00 AM to 7:00 PM. Homeowners with a Wells Fargo or Wachovia mortgage that are having payment challenges including being 60 to 90 days late on their payments have an opportunity to get solutions on the spot. Representatives will meet personally with borrowers to discuss their financial concerns and options including the government's Home Affordable Modification Program.

Similar outreach events have been held in other major cities like Chicago and Atlanta with great success. For more information call 1-800-405-8067 or go to


Where is Twin Cities Market Heading?

At the end of January there were 16.6% less homes on the market than a year ago. If you have been waiting to put your home on the market, now may be the time.

Here is the video summary of the Twin Cities real estate market courtesy of the Minneapolis Area Association of Realtors. This informative monthly summary includes current trends and activity and also future projections. Watch this video for an overview of the real estate market.

If you are wondering what the value of your home is in today's market, please contact us for a free price analysis.


Friday, February 12, 2010

Government Modifications to the "Short Sale" Process

As many of you know, the "short sale" process has been a nightmare for buyers, sellers, and real estate agents alike. It looks like some relief may be on the way. Here is a video link to Margaret Kelly, CEO of Re/Max International, explaining the changes.

For those unfamilair with the "short sale" process, this is a great learning resource.

If you have additional questions, we are well versed in these transactions as we have been on both sides many times in the past couple of years. Feel free to contact us to discuss further.


Thursday, February 11, 2010

Mayors Announce $41M for First-Time Homebuyer Program!

Minneapolis Mayor R.T. Rybak and St. Paul Mayor Chris Coleman announced that they have $41M to contribute to the "CityLiving Program" for first-time homebuyers. These programs reach a great number of candidates with the income threshold being set relatively high. This is a great opportunity for those looking to purchase property in the city of Minneapolis or St Paul.

Contact Jacqueline and I for more details.

This money goes out on a first come, first served basis and it will not last!

is a link to the article.