Will Forbearance Plans Lead to a Tsunami of Foreclosures?

At the onset of the economic disruptions caused by the COVID pandemic, the government quickly put into place forbearance plans to allow homeowners to remain in their homes without making their monthly mortgage payments. Today, almost three million households are actively in a forbearance plan. Though 29.4% of those in forbearance have continued to stay current onContinue reading “Will Forbearance Plans Lead to a Tsunami of Foreclosures?”

Homeownership; the Best Place to Start Building Your Wealth.

Whether you are a first-time home buyer or a move-up buyer planning on putting your equity into your next home, home ownership is a great way to build you overall wealth. Recently, a study was published by First American Mortgage that states home ownership is one of the biggest factors to building wealth. For theContinue reading “Homeownership; the Best Place to Start Building Your Wealth.”

Make Some Easy New Year’s Resolutions for Your HOME!

Who hasn’t made a New Year’s resolution for themselves? And then, by mid-February, we realize the resolution was too big, too ambitious, and too hard and we didn’t really want it anyway?! For 2021, how about resolving to help our home, and ourselves, with some practical, easy-to-achieve tasks? Check out this handful of ideas that,Continue reading “Make Some Easy New Year’s Resolutions for Your HOME!”

Goodbye 2020, Hello 2021 Hot Market Predictions!

Mortgage rates will remain low at about 3%It is predicted that mortgage rates will remain low as an effort to help the global economic recovery. They may increase over 2021, but if so, it will be at a slow pace. This prediction has been backed by the Federal Reserve as they have stated they doContinue reading “Goodbye 2020, Hello 2021 Hot Market Predictions!”

Merry Christmas to All!

My desire is to wish you all a blessed Christmas. Sometimes I get so concerned with being politically correct and inclusive that my own faith gets watered down. I love Christmas music, sometimes the songs become so familiar that we don’t think about the lyrics. But as months of semi-isolation look like they may endContinue reading “Merry Christmas to All!”

Help! COVID is causing me to miss my mortgage payments!

If you’re currently feeling the stress of affording your mortgage payment, or if you know someone who is, there’s still time to get help. For homeowners experiencing financial hardship this year, the CARES Act provides mortgage payment deferral options, creating much-needed relief in these challenging times. The primary option is forbearance – when your mortgageContinue reading “Help! COVID is causing me to miss my mortgage payments!”

Shop Local this Christmas

As we all know, there are many small/local businesses that have had an extremely difficult year. So this Christmas season, we are going to try and shop locally for all our gifts. We thought we’d compile a list of our favorite businesses in our area, in case you wanted to do the same! Wayzata/Minnetonka1) TheContinue reading “Shop Local this Christmas”

REASONS THIS WINTER MIGHT BE THE BEST TIME TO SELL

Winter traditionally is real estate’s slow season. Buyers, sellers, and real estate agents seem to go into hibernation mode between Thanksgiving and New Year’s. This winter, just like the rest of the year, looks like it will be different. The chief economist of the National Association of Realtors, Lawrence Yun predicts “it will be oneContinue reading “REASONS THIS WINTER MIGHT BE THE BEST TIME TO SELL”

400 Years Old – The First Thanksgiving in America

Thanksgiving celebrations or festivals following fall harvest have a history going back to ancient times across many cultures and parts of the world. This year, the United States celebrates the 400th anniversary of its historically recognized first Thanksgiving in Plymouth Rock, Massachusetts where the Pilgrims settled in America. Prior to the Pilgrim Thanksgiving with theContinue reading “400 Years Old – The First Thanksgiving in America”

Top 10 Practical Gifts for New Homeowners

With the holidays approaching we thought we’d give our two sense on practical gifts to get the new homeowners in your life! 1) Tool Set Whether the new homeowner in your life is handy or not, every homeowner needs a set of tools! Even the least handy of us all will learn a few tricksContinue reading “Top 10 Practical Gifts for New Homeowners”