by Derrick on February 4, 2010
Do you ever feel like your between a rock and a hard place when it comes to your current equity? It’s OK, many people do. With the recent changes in the market, foreclosures and 
short sales have exploded into the market and you may be wondering what you can do if you’re in a negative equity situation.
First off the economy has affected most everyone in one fashion or another but almost everyone would agree it’s hit the equity of our homes and is leaving many people upside-down in their equity.
So what can you do? We can help guide you through a short sale. While we are not attorneys or providing any legal or accounting type advise we will say there are other options to help you besides foreclosure. Many sellers are looking to a short sale for an answer. In short, a short sale is where you owe more money on the property than it’s worth in the current market so we sell it subject to the banks approval and work out the deficiency balance with them – typically banks will, for lack of a better term “eat” the loss on their end.
A short sale had many advantages to you as a seller and homeowner compared to a foreclosure. If you would like to learn more about short selling your Rockford area home call me at 612-282-7653 or fill out one of our simple seller forms here.
by Derrick on February 4, 2010
If your paying more than $150 for office rent or working from your home with all the distractions that come with it – STOP. We have single offices for rent starting at $95 per month. Office sizes range from single offices to 12 x 24 ft areas. Contact us at 612-282-7653 if you have a business that needs a new home without breaking the bank.
by Derrick on February 4, 2010
by Derrick on February 4, 2010
by Derrick on February 4, 2010
by Derrick on February 4, 2010
Join us at 2 open houses this Sunday, 2/7/2010 in Hanover & Delano.
782 Mallard Street NE in Hanover will be open from 12-1 Sunday. This is a 2001 built home with 2 beds, one bath and a framed in lower level for a future 3rd bed and 2nd bath. Priced at only $169,900 this is a great buy. Mapquest the address or call 612-282-7653 for directions. For pictures and more information check out this link:
http://www.derrickmonroe.com/blog/monroe/new-listing-in-hanover-mn/show/
474 Creek Avenue in Delano will be open from 2-3 Sunday. This is a 2006 built home on a pond lot with 3 beds, 2 baths and a unfinished lower level waiting for your touch. Built by an award winning builder this home is a must see and priced at only $214,900 in Delano Schools. For pictures and more information check out this link:
http://www.derrickmonroe.com/blog/monroe/new-listing-in-delano-mn-474-creekside-ave/show/
If you have any further questions or would like to set up a private showing contact us here or call 612-282-7653 anytime.
by Derrick on February 4, 2010
Ameriprise Financial Services has over 110 years of history helping clients reach their financial goals. We are the nation’s largest financial planning company, with over 2.8 million clients and over $450 billion managed assets.
Financial Advisor, Jeff Janzen, works with his clients through a long-term relationship to develop a clear-cut plan to help close the gap of where clients currently are to where they want to be financially. Working together, Jeff will help you reach your goals, instead of just calculating the numbers. He is your financial “quarterback”.
In addition to ongoing comprehensive advice, he offers a wide array of products and services, including; Traditional & Roth IRA’s, SEP IRA’s, 403(b), life insurance, disability insurance, long-term care insurance, auto & home insurance, education savings, small business planning, estate and tax planning strategies, mutual funds, annuities, certificates and brokerage services, and much more.
Jeff has been a resident of Rockford since 2003 and has lived in the area his whole life, growing up in Delano.
Please visit his website at www.ameripriseadvisors.com/jeff.j.janzen, or give him a call at (763) 543-5173.
by Derrick on January 22, 2010
We will be hosting an open house at 7015 Kettenacker Drive this Sunday, 1/24/2010 from 1-3. More information on this home can be found here as well as additional pictures. Feel free to call us at 612-282-7653. Hope to see you there.
by Derrick on January 20, 2010
We just listed 2 great properties in Rockford today. One sits on a large double lot in Maplewood Manor in Rockford and the other site on the River Road, Jansen Ave. If you’re looking
for a larger lot and home in town or an acreage home just outside of town make sure to check outtheselinks.
2415 Jansen Ave SE, Rockford Twp 5 acres and riverfront
6690 Maple Drive, Rockford
If you’re interested have your agent call us. If you don’t have an agent we would be more than happy to meet you at either property right away, just call us at 612-282-7653 or e-mail us at Derrick@DerrickMonroe.com
by Derrick on January 12, 2010
City of Rockford – First Time Homebuyer Program
The city of Rockford has a new first time homebuyer program that provides financial assistance for low and moderate income households to become homeowners.
The money is available to all – however, there are qualifying guidelines. The money is used to provide down payment assistance and reduce the mortgage principle. The home must lie within the city limits.
The financial assistance will be provided at a minimum amount of $3,000.00 and a maximum amount of $18,000.00. Assistance is provided in the form of a “no interest” deferred payment loan that is due and payable 30 years from the initial purchase date or when the home is sold, transferred or no longer the primary residence. As funds are available applicants to the program will be selected on a first come, first served basis. You must qualify with the lender first before applying for the funds from the city.
To begin the process – prospective homebuyers must select a lender approved by the City of Rockford. Ron Monroe of PHH Home Loans is located right here in our office and is approved by the city for participation in the program. Ron can also be reached at 651-398-7673.
Participants in the program must attend a first time homebuyer class/workshop that is offered by Wright County Community Action, we can help with this.
Once the approval process is completed and guidelines for the program met – we can help you look for a home.
Please contact Dorothy Marschel at Dorothy@DerrickMonroe.com for all of the details and to receive a free list of properties that match your needs. If you would like you may also feel free to stop by our office located at 8010 Hwy 55 anytime.
