Monthly Archives: March 2010

Lake Minnetonka’s last frontier

A stunning piece of land on Lake Minnetonka — the last large open expanse along the shores of the scenic and historic lake — is being targeted for a development so large it has environmentalists on edge.

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Erik Paulsen spent $413,996.12 in taxpayer money last year to promote himself back home

An Associated Press investigation finds that District 3 freshman Republican Rep.

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Debut novel a guilty pleasure

Wendy Webb will be at Magers & Quinn Booksellers, 3038 Hennepin Av. S., Mpls., at 7:30 p.m. Monday and at the Bookcase, 607 E. Lake St., Wayzata, at 7 p.m. Tuesday.

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How Much Do Home Buyer Incentives Actually Cost a Buyer?

Everywhere you look these days, you’re likely to see a number of sales pitches from builders that dangle builder incentives or seller concessions in front of everybody’s nose.



Builders typically employ sales people who specialize in hard-pressure sales. That’s why it’s not smart to walk into a new home sale’s office without your own agent to represent you. Because otherwise, you could find yourself walking out with a sales contract in your hand, unsure of just what happened or whether you even wanted to buy in that development.

Builders offer all sorts of incentives to get buyers to press hard because the third copy is theirs. You might think a solid marble counter is a fabulous freebie, but do you know the actual cost of that incentive? Have you studied the pitfalls to marble counters? Do you like marble enough to pay for it because it’s unlikely that countertop is actually free.

Builders aren’t the only ones offering incentives. Sellers of resale homes are offering concessions as well. Some sellers will throw a free car into the deal. Except the car isn’t really free when you look at the fine print

. . . read more about Builder Incentives and Seller Concessions.

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How Much Do Home Buyer Incentives Actually Cost a Buyer? originally appeared on About.com Home Buying / Selling on Wednesday, March 31st, 2010 at 05:00:56.

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iPhone, iPod or iPad – What One Survey Shows About Mobility

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Task Management with Gmail & Remember the Milk

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Local co-op returns to its independent roots

This e-mail address is being protected from spam bots, you need JavaScript enabled to view it Union Editor Anoka’s Grass Roots Cooperative got exactly what it had been working for – the opportunity to go solo.

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About Buying a Home Subject To An Existing Loan

I predict that when interest rates rise, we’ll see a lot more purchase contracts from home buyers who are buying subject to an existing loan.



Buying subject to was very popular in the late 1970s / early 1980s but has pretty much fallen out of favor over the years. That’s because loans contain an alienation clause and because interest rates have been amazingly low. In other words, nobody wants yesteryear’s 8% interest rate when a buyer can get 5% from the buyer’s own bank.

Mark my words, once interest rates tick upward, especially since the Fed has stopped buying mortgage-backed securities this month, buying subject to is likely to rebound . . . read more about Buying Subject To.

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About Buying a Home Subject To An Existing Loan originally appeared on About.com Home Buying / Selling on Monday, March 29th, 2010 at 05:00:40.

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Weekly restaurant deal: Blue Point

To kick off its new Sunday night dinner service, the Blue Point is offering a special Sunday-only deal: a fresh ¼-lb. lobster, served with garlic mashed potatoes and corn on the cob for $19.95. Toasting his own parade – March 25, 2010 Toasting his own parade – Even with damp weather, Kieran Folliard and his legion of followers made a …

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BoundaryMedical sold to Tennessee company

Health care software startup BoundaryMedical has been sold to IMI Health Inc., a data-mining and analytics company based in Tennessee.

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