Market Signal Says 'Know When to Hold 'Em'
Tuesday, October 14
The market in Minnesota has definately entered a trough. More homes coming on the market are sitting. Stories are running the the local paper about this. In my market, there are a good supply of homes for sale...some in my sites, but I'm waiting. I'm not calling my realtor, and not looking, b...
Closing 08/18 on House #3
Thursday, August 14
Strange thing about HUD. They want me to change out the locks after the close. I told them I need a week to do it, as we are leaving on vacation right after close. HUD closings have a lot of little oddities. One thing interesting about this house. I'm putting $1,000.00 into it right away, an...
Private Money
Thursday, July 10
I knew this day would come. I've been stretching my money, and bank relationships, but since I'm closing on property #3 next month, I cannot go after another. I know of a foreclosure auctioin 08/19/14 in which a lakefront home in a Southern MN town will be foreclosed at 51K. I'm going through ...
Signed Paperwork
Monday, July 07
Property #3 is in the fold. Signed off on the deal. I already have some interest from renters, 40 days before I close. Pretty cool.
House #3 in sight again
Friday, July 04
House #3 is a 2 bedroom, 1 bath two story home with a big two car detached garage, garage recently built, with a workshop, insulated walls and an AC unit. I put in a bid a week ago for exactly 80% asking price. It is a HUD. An oddity of this house is there is some evidence of leakage in the b...