Archive for March, 2008

Home Rental Agencies: Do You Have a Vacancy?

Sunday, March 30th, 2008

: Do You Have a Vacancy?

I heard a story on the news tonight that said vacant houses in Minnesota have gone up 180+% in just the last 5 years in Minnesota. They claimed of all the foreclosures, 40% were investment properties. This market then would be affecting tenants as well. One suggestion at this time to help those based on this situation are a few things. For those that are tenants, you may want to just try to qualify for a home loan, right now FHA financing can be done with 600 credit score, or a little less. If you don’t quite have a 600 credit score, we have people who can help you get your credit score higher with credit repair. Their is a lot to know about credit repair, and the person we know is pretty good at what he does, and having a higher credit score will save you thousands over the years. For those currently in properties, if your house is vacant, or you have a 2nd home, we have agents who can aggressively market your property, listed it on the MLS, and work on getting it sold. The plan is to get it sold and not have to make the two payments. This plan may also be good if you are trying to downsize. For those of you that don’t have adjustable rate mortgages, and you want to move out, you could put a tenant in your property to make the payments for you. I also have an associate that can help get your vacancy filled up. Their is a lot to know about the landlord business and how to select tenants, write leases, etc. Please go to our main site at www.minnesotainvestors.com 763-546-9090 is the office number and 763-300-1648 is my cell number, you can call us if you need help with any of these things. You can also go to myfico.com and go get your credit score.

Please contact me ron@minnesotainvestors.com and we’ll help you with your vacancy to get a renter.

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Related Posts on This Topic

Real Estate Situation: Mortgage Situation and Seller Situations

Saturday, March 29th, 2008

: and Seller Situations

Over the coming weeks we will try to describe some of the different situations and programs that we offer and work with and you can see where you fit in. Whether you are looking for a place to rent, want to rent to own, do a contract for deed. You can decide if financing is right for you by getting pre-qualified. Also New Construction is available for purchase as well as investing. For property owners, we can help with filling up your vacancy, to helping you get your property refinanced, selling it, and getting it listed in the Multiple Listings service. You can sell on a contract for deed, owner financing, sell on terms, or if you have little or no equity and you need to sell on a short sale or in foreclosure. Let us point you in the right direction. If you are thinking about selling you can also ask us to run a CMA, or value check to give you an idea what your house may be worth in today’s market before you sell. Look for the future blogs to cover each of these, and much more.

Please contact me ron@minnesotainvestors.com and we’ll help you with your situation.

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