Financing

May 29, 2009

How A Contract for Deed Can Cause A Bank to Foreclose on Your Minneapolis Duplex

With the tightening credit standards and increased down payment requirements in today’s mortgage industry, many sellers have become willing to provide financing for prospective buyers via […]
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. […]
April 20, 2009

Appraisal Rules Change for Minneapolis Duplex Investors

As if things weren’t already challenging for Minneapolis duplex investors, along comes the news that on May 1 the national rules for real estate appraisals will […]
April 16, 2009

Is The Tax Credit On That Minneapolis Duplex Based On Before…or After?

The other day, a reader asked an outstanding question.  He’s in the process of buying a duplex using an FHA 203(k) construction loan and wondered what number […]