Explore Maple Grove, MN

By David Kosmecki
(Sierra Pacific Mortgage)
Comments 0
Fannie Mae and Freddie Mac have been in the news quite a bit over the past few years, so it's a good time to do a refresher on who they are and what role they play in the real estate market. Who Are Fannie Mae And Freddie Mac? Fannie Mae is the Federal National Mortgage Association. Freddie Mac i...

By David Kosmecki
(Sierra Pacific Mortgage)
Comments 0
When the holiday season starts and the winter chill comes around, the heating bill at your property will naturally increase as you keep yourself warm and cosy. However, if your home is not being heated efficiently, you are essentially letting your hard earned dollars escape into the air as wasted...

By David Kosmecki
(Sierra Pacific Mortgage)
Comments 0
When you are in the market for a new home, you may be faced with numerous options for financing your home. One of the choices you will have to make is whether to apply for a fixed or adjustable rate mortgage. In some cases, an adjustable rate mortgage may be your best option, but keep in mind, th...

By David Kosmecki
(Sierra Pacific Mortgage)
Comments 2
When you sell your home, you want it look as good as possible. To do this, your real estate agent will help you stage your home or, if needed, help you find a professional to stage your home. This means de-cluttering your home, re-arranging furniture, and de-personalizing each room. A staged home...

By David Kosmecki
(Sierra Pacific Mortgage)
Comments 0
When you first bought your home a few years ago, perhaps you started off with a 30 year mortgage. Now, you are considering refinancing and changing it to a 20 year or even a 15 year mortgage. Shortening your mortgage term and refinancing can be a smart financial move, but before you make this dec...

By David Kosmecki
(Sierra Pacific Mortgage)
Comments 0
While many people claim every January that they are going to exercise more, a lot of them give up after the first couple of months. It takes a great deal of effort to make it to the gym before work or have the energy to go afterward. So don’t make a New Year’s resolution you know you won’t keep. ...

By David Kosmecki
(Sierra Pacific Mortgage)
Comments 0
The Dodd-Frank Wall Street Reform and Consumer Protection Act's latest provision - the Qualified Mortgage rule - is going to effect on January 10, 2014. While, like many of Dodd-Frank's other features, its ability to protect customers remains to be seen, one of its impacts is already clear. Takin...

By David Kosmecki
(Sierra Pacific Mortgage)
Comments 1
One of the challenges you will face when deciding how much money to put down on your new home is whether to put down a larger down payment or to take a bit of money from your down payment and use it to pay "discount points" to lower your interest rate. There are pros and cons to doing both and ea...

By David Kosmecki
(Sierra Pacific Mortgage)
Comments 0
The Case-Shiller 10 and 20-City Home Price Indices for October were released on December 31. Although home prices in most cities continued to show year-over-year gains, the pace of home price appreciation is expected to slow in 2014. Year-over-year increases have been in double digit territory si...

By David Kosmecki
(Sierra Pacific Mortgage)
Comments 0
The holiday season is coming to an end. It's time to pack up the stockings, and take the ornaments off the tree. That tree was a beautiful Christmas decoration, but now that the evergreen is turning brown, and its needles are falling all over the carpet, you realize it's time to get it out of the...

By David Kosmecki
(Sierra Pacific Mortgage)
Comments 1
Before taking out a mortgage to buy a home, it's time to take a realistic survey of your finances so that you can determine your price range and what size of home you can comfortably afford. Buying a home that suits your finances will mean that your mortgage payments will be easily within your bu...

By David Kosmecki
(Sierra Pacific Mortgage)
Comments 0
The holiday season and winter weather slowed home sales in November. Last week, the NAR reported that sales of existing homes had slumped to their lowest level in nearly a year, but this was not unexpected.   Short supplies of available homes and rising mortgage rates have increased pent-up deman...

By David Kosmecki
(Sierra Pacific Mortgage)
Comments 0
Housing Starts exceeded expectations and also beat October's reading of 889,000. November housing starts were posted at 1.09 million against a consensus of 963,000. This reading is more in line with the NAHB/Wells Fargo Home builder Market Index, which reached a four month high with December's re...

By David Kosmecki
(Sierra Pacific Mortgage)
Comments 0
According to the National Association of Homebuilders/Wells Fargo Homebuilders Market Index for December, builder confidence recovered in with a reading of 58. This surpassed both expectations of 56 and last month's reading of 54. Analysts noted that builder confidence has steadied after the gove...

By David Kosmecki
(Sierra Pacific Mortgage)
Comments 3
Whether you are purchasing a new home or you are considering applying to refinance your home, chances are the lender will require an escrow account. These accounts are often a source of confusion for homeowners. In reality, these accounts benefit the homeowner and help protect the lender. What Is...

By Eric Helmers, Your Trusted Real Estate Source
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* 80% of people that lost their homes to foreclosure never sought advise from a professional. * 1 out of 8 home owners are in some form of default. * 5 Million homes are still in serious default.Most people are embarrassed or feel like they can't find accurate answers when in this position. I've ...

By David Kosmecki
(Sierra Pacific Mortgage)
Comments 3
Here is a great idea for making cookies and exchanging them as Gifts for the Holidays Click on the Link to read the article by Pilsbury.How to Host a Holiday Cookie Exchange  

By David Kosmecki
(Sierra Pacific Mortgage)
Comments 1
It's that time of year again when the weather outside gets frightful but the holiday cheer is delightful. You've probably got a lot on your mind during these busy winter months, but make sure that you don't neglect the roof of your home. Taking care of your roof is an important part of home maint...

By David Kosmecki
(Sierra Pacific Mortgage)
Comments 0
Interest rates fluctuate frequently, often depending on the news. If you are considering refinancing your home, your loan officer may suggest locking in the interest rate on your loan. There are some valid reasons why this is a good idea including: Saving Money For The Long-term: Over the life of...

By David Kosmecki
(Sierra Pacific Mortgage)
Comments 0
Have you ever considered paying off the mortgage on your home in two biweekly payments rather than one monthly payment? It might seem like this wouldn't make a difference, but the truth is that biweekly payments really do add up more quickly. Since there are 52 weeks in a year you will end up mak...

Maple Grove, MN Real Estate Professionals