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.

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.

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
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
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.
Here we are in the second week of 2010 already and what could be a better time to see how the Rockford real estate market is starting out than now. Here are the current market statistics for Rockford as of 1/12/2010:
Single Family Homes For Sale In Rockford
Townhomes
All Properties Combined
As of today no properties have sold for 2010 but that is not unusual as the holiday season just ended. If you’re looking to sell a Rockford home we would love to help any way we can, we also provide free market opinions and work with short sales. We can be reached at 763-477-4821 or Derrick@DerrickMonroe.com or feel free to stop by our office located at 8010 Hwy 55 in Rockford. The buyer activity has been strong in recent months and compiled with the tax credit and low interest rates it looks as though 2010 is only getting better.
Here is a picture of the snowhouse we built over the holiday, it could be for sale but it needs to close by April or it may not be here:-) Happy New Year everyone, best wishes to you, your family and our economy in 2010.

2009 was the year of big bail out’s and stimulus packages for large companies, I want to make 2010 about our area, the “normal” homeowner who just wants to move but is struggling due to lower home prices.
List your property with us between Jan 1st, 2010 and February 14th, 2010 and you will receive a full 1% discount off our services and a discounted “Pre Home Inspection” so we can show buyers your home has already been inspected and has a clean bill of health. Great tool for marketing your property to the public.
If you’re considering that move give me a call at 763-477-4821 and take advantage of this stimulus package that could save you thousands and still get our full service with a proven 10 year track record of selling properties. Make sure to mention this ad to receive the discount. You may also contact me at Derrick@DerrickMonroe.com anytime, Happy New Year and we look forward to the opportunity to work with you.
Derrick Monroe