Sabinske & Associates Elk River & Zimmerman Blog

By
Real Estate Broker/Owner - Don Sabinske, Sabinske & Associates Inc. - 539MN
Market information for the Sherburne County, Minnesota area. Market reports, foreclosure statistics and buyer and seller information specifice to the northwestern suburbs.

ARCHIVED BLOG POSTS

2010 

What we do know from working with banks, meaning we work on their behalf, is that if you haven't made a payment this month, can't make the payment next month, is that if you haven't contacted them, and we know they have contacted you, is that you will be on a "hit list".  The easiest solution is ...
01/26/2010
In this market, we are finding more and more consumers are facing difficult decisions.  They want housing, but their situation has changed due to circumstances often beyond their control.  Sometimes it is one or more of the 3 Ds - Death, Divorce or Disease.  Sometimes it is another D - Deployment...
01/23/2010
It has come to my attention the hard way that Wells Fargo will not allow it's clients to sell their homes on a contract for deed.  The typical mortgage language includes a "Due on Sale Clause," which calls the mortgage due in full at the time of closing a home on contract for deed. I spoke to Wel...
01/21/2010
Secretary Shaun Donovan announced $2 billion in Neighborhood Stabilization Program grants to communities and nonprofit housing developers to combat the effects of vacant and abandoned homes.  FHA currently prohibits insuring a mortgage on a home owned by the seller for less than 90 days.  Can you...
01/17/2010
Sitting on a conference call with the heads of asset mangement companies today, I was sobered into the fact that when I take a listing from a seller, I had better be prepared.  Q1 -Q4 could see as many as 13 million more assets coming on the market.  Many of these will be executive-style homes th...
01/15/2010
How could this be?  Well, we all know that it works this way, but does the consumer?  Fair Isaac & Co.  (FICO) has let it be known how the credit scoring it runs will affect your credit score.                                                       If you have a foreclosure, the hit to your credit ...
01/10/2010
Buyers who are procrastinating better think fast.  This market is moving quickly.  Smart buyers are now out in force and will get the best deals as fast as they can.  What will you do?                                                           Are you ready to give away money?  Wouldn't it be grea...
01/09/2010
We hope that you will now view our Elk River and Zimmerman Facebook pages.  We will do our best to give you local news and events that would impact your quality of life in our communities.  We will make every attempt to bring you the lastest government changes and community events that can make y...
01/04/2010
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Don Sabinske

Sabinske & Associates Inc.
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