Explore Maple Grove, MN

By David Kosmecki
(Sierra Pacific Mortgage)
Comments 0
In order to save up a huge amount of cash for the down payment on your first mortgage, you need a solid savings plan! When you take out a mortgage on your new home as a first time homebuyer, the more you can pay as a down payment the better. The down payment on a mortgage reduces the principle of...

By David Kosmecki
(Sierra Pacific Mortgage)
Comments 0
The National Association of Home Builders released its Housing Market Index  for November on Monday. This month's HMI reading was 54 against expectations of a reading of 55. October's reading was also 54 after being downwardly revised. Readings over 50 generally indicate that a majority of builde...

By David Kosmecki
(Sierra Pacific Mortgage)
Comments 1
An open house gives you a great opportunity to look more closely at real estate you might be interested in buying. It also affords you the chance to chat with the owner or real estate agent so you can bring up any issues or hesitations you have with the home. Knowing what to ask can be difficult,...

By David Kosmecki
(Sierra Pacific Mortgage)
Comments 0
Summer has been over and Fall is really here, temperatures are beginning to drop, and you’re dreading having to turn the heat on for the first time. Firing up the furnace can burn a hole in your pocket, but there’s something you can do about it. Consider these tips to help lower your heating bill...

By David Kosmecki
(Sierra Pacific Mortgage)
Comments 0
Refinancing a mortgage is a golden opportunity to lock in today's low interest rate for the next 15 or 30 years. While interest rates now are still low, there's a good chance they will be heading up in the coming months. The Fed won't maintain the current bond purchasing level forever, and just a...

By David Kosmecki
(Sierra Pacific Mortgage)
Comments 1
FHA loans are becoming increasingly popular these days as potential homeowners are not able to qualify for mortgages from traditional lenders. The FHA insures these high-risk loans, in turn allowing borrowers with low down payments and less than perfect credit to purchase homes and bolster the ho...

By David Kosmecki
(Sierra Pacific Mortgage)
Comments 0
Private Money financing refers to loans collateralized by real estate, where the source of the funds used to close Real Estate transactions come from private investors. The decision by the investors to make a loan is based primarily upon plenty of equity in the real property securing the loan thu...

By David Kosmecki
(Sierra Pacific Mortgage)
Comments 0
Every week the trash truck comes to pick up our garbage and unwanted items, which are promptly taken to landfills. Instead of filling landfills and just buying new items to stuff our homes, we can help the earth and recycle everyday household items. Below are a few fun and creative ideas for recy...

By David Kosmecki
(Sierra Pacific Mortgage)
Comments 1
Owning a home can be a sign of independence and success. It allows you to build up equity and the mortgage interest and property taxes are tax-deductible. What can you do to make a home affordable for you? Reputable lenders look at a list of criteria to decide how much they'll loan you.  This Lis...

By David Kosmecki
(Sierra Pacific Mortgage)
Comments 0
When most people are taking out a mortgage on a property, they select either a 15 or 30 year mortgage loan. However, there is a new mortgage option that has been available to home owners since 2006 and that is the 50 year mortgage loan. Although a half-century might seem like a very long loan ter...

By David Kosmecki
(Sierra Pacific Mortgage)
Comments 1
How do you know what happens to your documents when you put a piece of paper in the trash? It can be difficult to know who is seeing it and what they are doing with it. It isn't very common to burn trash anymore; therefore you can be sure that your paper garbage or recycling is likely to pass thr...

By David Kosmecki
(Sierra Pacific Mortgage)
Comments 3
Mortgage rates typically are tied more to the yields on the 10-year Treasury note more than any other indicator. With the government in flux as the shutdown happened and ended, mortgage rates are also changing. Overall, mortgage rates have decreased because of a lack of confidence in the governme...

By David Kosmecki
(Sierra Pacific Mortgage)
Comments 0
The Federal Reserve's Federal Open Market Committee released its customary after-meeting statement on Wednesday. In the context of meeting its dual mandate of stabilizing pricing and achieving maximum employment. The FOMC statement indicated that although the economy has improved in areas includi...

By David Kosmecki
(Sierra Pacific Mortgage)
Comments 1
With the economic downturn, anyone dealing in real estate quickly became familiar with previously little-known terms such as foreclosure and short sale. Now that the housing market is picking back up and people are moving on, a new term is coming to light — zombie titles. The Zombie Title: This i...

By David Kosmecki
(Sierra Pacific Mortgage)
Comments 1
Pending home sales fell in September by -5.60 percent, and were 1.20 percent lower year-over-year. This is the first time in more than two years that pending home sales have fallen below year-earlier readings. September's reading was below August's reading of -1.60 percent. The National Associati...

By David Kosmecki
(Sierra Pacific Mortgage)
Comments 0
Barbecue season is all but over, and you won't be spending as much time out on the deck. Don't let it get you down, though. Spring will be here before you know it. There are a lot of things that can wear down and damage your deck, so protect your deck and make sure it stays in tip top shape over ...

By David Kosmecki
(Sierra Pacific Mortgage)
Comments 1
Refinancing a mortgage is a golden opportunity to lock in today's low interest rate for the next 15 or 30 years. While interest rates now are still low, there's a good chance they will be heading up in the coming months. The Fed won't maintain the current bond purchasing level forever, and just a...

By David Kosmecki
(Sierra Pacific Mortgage)
Comments 0
If you are looking to buy a home, you might be wondering whether you should be looking for properties that are right in the center of the city or property in a rural area a short drive away. The rural or urban decision will ultimately be up to you, as there are advantages and disadvantages to eit...

By David Kosmecki
(Sierra Pacific Mortgage)
Comments 0
Existing home sales for September fell by 1.90 percent from August's revised reading of 5.39 million sales to 5.29 million sales. Economists had expected 5.30 million sales for September, so a slow-down in existing home sales had been anticipated. The National Association of REALTORS cited higher...

By Eric Helmers, Your Trusted Real Estate Source
Comments 0
Several new listings and sold properties in September in the Maple Grove 55311 & 55369 area.Strong sales numbers and limited inventory are promising for sellers and suggest buyers will still have to work hard and be patient in their home search.  Seasonal change and the government shutdown will p...

Maple Grove, MN Real Estate Professionals