May

May 21, 2009

HUD Reverses Position On $8000 Duplex Down Payment

Last week, HUD Secretary Shaun Donovan announced a government plan that would allow first time home buyers to use the $8000 tax credit as a down […]
May 19, 2009

Fasten Your Seat Belt: Minneapolis Duplex Sales On Wild Ride

I was so startled this morning by the figures I was seeing for the Twin Cities duplex market that I almost fell out of my chair. […]
May 15, 2009

How To Make An $8000 Down Payment On A Minneapolis Duplex

Remember when Congress abolished seller down payment assistance programs like Nehemiah and Ameridream last fall? At the time, many Realtors saw the move, however well-intentioned, as […]
May 14, 2009

Does A Bad Appraisal Equal A Bad Investment?

Is a duplex a bad investment if it doesn’t appraise for the price listed on a purchase agreement? It depends on whether you’re the buyer or the seller. […]