3 most frequently asked questions from buyers

April 28, 2014

There are many questions that buyers have when purchasing a home. All relate to the entire transaction from start to finish. As your local Real Estate Economists, we ensure all of our clients know what the process is to purchase a new home, every step of the way. We hear many of the same questions from buyers who are in the market to purchase a home and here are the answers to those frequently asked questions.
What is earnest money and where does it go? When writing an offer on a home you put down, what is called earnest money. This is to let the sellers know that you are earnest about purchasing the property. This earnest money is put into the Listing Brokers trust account within 2 business days of final acceptance and goes towards your loan at closing.
How do you (my Realtor) get paid? When working with a Licensed Realtor many clients ask how we get paid. There is typically a commission payout amount that the seller has previously agreed to pay to the listing agent, as well as the selling (buyers) agent. The buyer does not pay the commission.
Is this home worth the list price? Prior to writing an offer we do a Current Comparable Market Analysis to make sure the home you are looking to purchase is priced appropriately. There are many things that go in to this analysis. This will give us the correct price range at which the market suggests it is worth and will better prepare you for the price you choose to offer.
If you are thinking about purchasing a home and/or need to sell your home, contact us today. We go over current market trends and have fantastic lender referrals available, all who are ready and able to assist you. My team and I are licensed Realtors in MN, working in the Twin Cities and greater Metro Areas. We’re dedicated to providing the very best service to all of our clients – past, present and future.

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Chelsea Knutson and the Better Living Group

Realtor- GRI, ABR, CDPE

Keller Williams Classic Realty NW

Posted in Community /Real Estate News, Updates & Trends /

Just Listed – Updated One ½ Story home in Roseville

February 6, 2014 Hurm - Porch

My Team, the Better Living Group at Keller Williams Classic Realty NW in Maple Grove, MN, has just listed this beautifully updated one ½ story home in Roseville, MN. This home includes over 1,800 sq ft of space including 4 bedrooms and 3 bathrooms, one on each level. The beautiful and original hard wood floors are sure to catch your eye!
Off the back of the home there is a beautiful 3-season porch, it stays nice and toasty when enjoying your morning cup of coffee and sitting by the fireplace! Also including a large deck with plenty of space to entertain throughout each season.
If you are interested in this property, are thinking about purchasing a home in the Roseville area and/or need to sell your home, contact us today! We know the current market trends and have some fantastic and reputable lender referrals available, all who are ready and able to assist you in purchasing your new home.
The Better Living Group are licensed Realtors in MN, working in the Twin Cities and greater Metro Areas and we’re dedicated to providing the very best service to all of our clients – past, present and future.

Hurm - Porch

Hurm - Ext Back Porch
Chelsea Knutson and the Better Living Group

Realtor- GRI, ABR, CDPE

Keller Williams Classic Realty NW

Posted in Community /Local Festivities /Open House /Real Estate News, Updates & Trends /

RE 2014 | Sellers No Longer In the Driver’s Seat

January 30, 2014 real_estate_picture

The real estate market seems to always be in a state of ups and downs – you may even refer to it as a rollercoaster ride of supply and demand. In 2013, we saw a low inventory of homes on the market, making it tough to satisfy all the Buyers who were looking to purchase. In turn, this created multiple offer situations for many Buyers looking to snatch the home they love. This has been ideal for residential sales as its been awhile since they had the pleasure of requesting the ‘highest and best’ offer for the property.
Most recently, we’ve seen a slight turn in inventory. More properties are beginning to come on the market and list prices are rising along with them. This combination is forcing Buyers to become more money savvy, taking a closer look at the costs they will incur for the home they want to purchase. Of course the rise in home prices is great for those looking to sell their home, and typically puts a positive spin on the equity issue many have been experiencing.
With all this in mind, and knowing that interest rates are expected to rise in 2014, Sellers still have work to do in order to compete in this market. Many Buyers aren’t looking to purchase the ‘fixer upper’, and if you’re one of the few and brave that are, you’re certainly not looking to pay top dollar. What to do to get top dollar? Clean it, stage it and price it right – this means price it in accordance with the market, not in accordance with what you’d like to get out of it. Also, Buyers are expecting a well cared for and mostly updated interior with a groomed and maintained exterior, and they’re willing to walk away if the home’s condition and price don’t match up.
This is just the beginning of our New Year, if you have questions about how to get the most amount of money out of your home, or are in need of assistance when it comes to purchasing a new one – the Better Living Group is here for you. Let us know how we can help make your 2014, the best one yet!

real_estate_picture

Chelsea Knutson and the Better Living Group

Realtor- GRI, ABR, CDPE

Keller Williams Classic Realty NW

Posted in Community /Local Festivities /Real Estate News, Updates & Trends /

Just Listed: Move-In Property with Elm Creek Park Reserve Access

January 23, 2014 Martini - Exterior Front

Our team, the Better Living Group, in Maple Grove, MN has just listed this beautiful single family home! This home has many great amenities including an upgraded kitchen with stainless steel appliances and beautiful granite countertops. It is a 4-bedroom house with 2-bathrooms, equipped with plenty of living space and extra storage.
An easily accessible location with front to back tree coverage, large backyard, a fire pit and a horse shoe pit – all made to entertain on those beautiful summer days & nights that are about to come our way! The backyard backs up to Elm Creek Park Reserve trails, with miles of fun for winter or summer activities.
If you are interested in this property, are thinking about purchasing a home in the Maple Grove area and/or need to sell your home, contact us today! We know the current market trends and have some fantastic and reputable lender referrals available, all who are ready and able to assist you in purchasing your new home.
The Better Living Group are licensed Realtors in MN, working in the Twin Cities and greater Metro Areas and we’re dedicated to providing the very best service to all of our clients – past, present and future.

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Martini - KT

Chelsea Knutson and the Better Living Group

Realtor- GRI, ABR, CDPE

Keller Williams Classic Realty NW

Posted in Community /Open House /Real Estate News, Updates & Trends /

Open House Saturday 9/7 & Sunday 9/8 12-2pm

September 5, 2013
Open House
September 07, Saturday 12:00 PM – 2:00 PM
September 08, Sunday 12:00 PM – 2:00 PM
Address
8256 Olive Court, Maple Grove, MN
 
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Price
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4 beds
5 BATHROOMS (3 full, 2 half)
4660 Square Feet

 


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pictures, current price, maps, schools and more!
Description

Executive Home on cul-de-sac, expansive Master Suite, Sunroom, New hardware/carpeting & walk-out Lower Level with work-out room, built-in bar & performance stage - an Entertainer’s dream! Minutes to Rush Creek Golf Course & Elementary, Maple Grove Hospital, trails, parks and shopping.

 
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Listing Details
 
Chelsea Knutson

Keller Williams Classic NW
763-496-2903
cknutson@kw.com
 
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Posted in Community /Open House /Real Estate News, Updates & Trends /

Condo Living on the Trails of Anderson Lakes

August 28, 2013

This hot property, located right off of Nesbitt Preserve Park and minutes away from the outstanding walking trails on Anderson Lakes, is a must see! Just minutes away from the Eden Prairie Center with all the shopping one would desire.

This is a 2-bedroom, 2-bathroom condo that includes a Master Suite with two closets and a ¾ bath of its own. Also including stainless steel appliances, laminate flooring and new carpeting throughout. Enjoy the screened-in porch with southwest views. This condo is on the top floor and equipped for one-level living that is completely move-in ready.

This is the condo for you! Contact me today for a private showing and for any questions you may have regarding this condo or any other properties on the market, I look forward to hearing from you!

If you have any further questions on the process of buying a new home, or selling your home please contact me today. I am a licensed Real Estate Professional in the Twin Cities Metro and Greater Minnesota Areas and strive to provide the best real estate service, with the support of my team, the Better Living Group, for all of my past, present and future clients.

Trails

Front

Chelsea Knutson
Realtor- GRI, ABR, CDPE
763-496-2903
the Better Living Group
Keller Williams Classic Realty NW

Posted in Community /Real Estate News, Updates & Trends /

Is Home Ownership better then Renting?

July 25, 2013 rent-vs-buy-a-home

Many people find the idea of purchasing a home a tough decision. They go through being a homeowner over and over in their heads, weighing the pros and cons. Some people have made the decision to purchase a home now, and yet may have student loans, high credit debt, or other factors that could affect their purchasing power. Others are unsure of what their payments may be or if they’ll be able to afford it with the current interest rates and other costs associated with a new home. These are questions that can easily be answered by speaking with your Loan Officer and local Realtor.

As a licensed Realtor in Minnesota and your local real estate economist in the Twin Cities Metro Areas, my team and I have found that if you were to rent a house in Plymouth (for example) the rental rates are typically ranging anywhere from $1,300 and up. You could also purchase a home in the $150,000’s and your average monthly payments would likely be around that very same price point (depending on the interest rate you lock in at and your specific lending needs). So by paying about the same amount being a homeowner, you would have the opportunity to gain equity and stake claim on the American dream.

All in all, if you can own a house for nearly the same monthly payments as if you were to rent, why wouldn’t you? What is stopping you from moving forward with your dreams? Putting the idea of purchasing a home on the back-burner could put off the process for longer then you may expect. So if you are renting and want to purchase, talk to a professional and find out what it takes to purchase your new home, today!

If you have any further questions on buying a new home, or selling a home, please contact me today. I am a licensed Real Estate Professional in the Twin Cities Metro and Greater Minnesota Areas and strive to provide the best real estate service, with the support of my team the Better Living Group, for all of my past, present and future clients.

rent-vs-buy-a-home

Chelsea Knutson
Realtor- GRI, ABR, CDPE
763-496-2903
the Better Living Group
Keller Williams Classic Realty NW

Posted in Community /Real Estate News, Updates & Trends / 2 Comments