Monthly Archives: August 2009

Excelsior speech therapist dies of injuries in bike collision

An Excelsior woman died Friday, one day after a bicycle collision in Bloomington.

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Your Time and Twitter – Spending Less and Doing More

I posted recently about using different Twitter accounts for listings, which of course requires more time to manage another account.  There are also a great many real estate professionals out… Continue reading

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Not Every Short Sale Seller Pays Taxes on Canceled Debt

An average short sale seller may not really understand the tax consequences that may occur over the issue of canceled debt in a short sale.



All sellers who are contemplating a short sale should get legal advice, but equally as important is to receive tax advice from a qualified and competent tax adviser. It’s possible that certain types of canceled debt may trigger tax liabilities on a short sale. The law is complex. In particular, the possible ramifications of hard-money loans such as equity loans or cash-out refis should be discussed beforehand with a tax accountant. If the seller did not use that money to improve the home, it’s possible that the seller may owe taxes when all is said and done . . . read more about canceled debt.

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Time Magazine Article Sends Real Estate Agent Into Hiding

Personal branding is a big thing in real estate marketing. Real estate agents get domain names that are their name, put their photos and names everywhere they can online… Continue reading

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Water Patrol celebrates big anniversary

Lake Minnetonka is a great place for some time off. But for Steen Erickson time off means climbing onboard a Hennepin County Sheriff’s boat.

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Stylepoints: Fair eyewear deals and Fashion Avenue trunk show

At the State Fair spectacle , you can get a deal on spectacles. The Spectacle Shoppe is offering frames and single vision prescription lenses on any frame priced $259 or less.

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Mr Seller – You WILL Let Me Do An Open House Or Else!

Bashing real estate agents and brokers isn’t new, and there’s plenty of it going on in video on YouTube as well as at forums on the Web. My online… Continue reading

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Is Your Site Mortgage Calculator Ripping Off Your Prospects?

In researching a site offering free mortgage calculators to Realtors, I came across an interesting, and scary, lead aggregation system.

Basically, this site will give you free code to place a… Continue reading

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If You Want Skinny – How’s $2000+/sq foot for 9.5 Foot Wide NY Home

It’s all over the web, including this article at Realtor.org about the 9.5 foot wide home listed at $2.7 million. Here’s a a couple of photos at another site.
If… Continue reading

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Mayors to hold issues forum

Six south Lake Minnetonka area mayors will get together at 7 p.m. Sept. 10 for a forum to discuss issues affecting their cities and the region.

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