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All Blog Entries by Jim Berg Team

There are currently 54 blog entries published by Jim Berg Team.

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Do You Need Title Insurance?

Friday, June 10th, 2016 at 11:14am. 30 Views, 0 Comments.

Title insurance is a means of protecting yourself from financial loss in hte event that problems develop regarding the rights to ownership of your property. There may be hidden title defects that even the most careful title search will not reveal.  In addition to protecting from financial loss, thtle insurance pays the cost of defending against any covered claim.

How will Owner’s Title Insurance protect me?

Some common examples of problems covered by an Owner’s Title Insurance Policy include:

• Improper execution of documents

• Mistakes in recording or indexing of legal documents

• Forgeries and fraud

• Undisclosed or missing heirs

• Unpaid taxes and assessments

• Unpaid judgments and liens

• Unreleased…

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Owner Finds Own House for Rent on Craigslist

Wednesday, May 18th, 2016 at 6:58pm. 47 Views, 0 Comments.

KaraGrubis/iStock

Imagine looking at ads on Craigslist one day and seeing your family home for rent, only you didn’t post the ad and have no intentions of renting out your home.

That’s what happened to Lourdes Guerrero, who owns a home in the greater Los Angeles area, according to a local CBS news affiliate.

A friend reportedly showed Guerrero the ad, and she called the listed phone number. The man on the other end “went silent when she told him she was the homeowner,” according to the CBS2 report.

The news affiliate called the number later and received a “mailbox full” message. Fortunately, the ad did not include Guerrero’s address, according to the report.

“This is where I’m supposed to feel safe with my kids,”…

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Buyers Waiting for Improved Credit

Wednesday, May 18th, 2016 at 6:56pm. 52 Views, 0 Comments.

A lot of potential home buyers—especially first-time home buyers—are holding off on taking the mortgage plunge, in hopes they can get a better rate once they improve their credit scores.

That’s the finding of a new Experian survey about home buying and credit, which found that 34% of prospective buyers say their credit score might hurt their ability to purchase a home and that 45% have delayed a purchase to improve their credit scores.

“Your credit profile is one of the factors that can have a substantial impact on securing a home loan, because it is used by lenders as an indicator of your financial health,” said Rod Griffin, director of public education at Experian, in a press release. “Consumers planning to purchase a home…

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SW Minneapolis MLS

Wednesday, May 18th, 2016 at 6:53pm. 40 Views, 0 Comments.

Check out the latest MLS info then start your search for the perfect home!

 https://youtu.be/GaIyT6Rlpzo

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Start Your MLS Search Now!

Wednesday, May 18th, 2016 at 6:45pm. 25 Views, 0 Comments.

You can set up your own account on JimBergTeam.com that lets you search every home for sale on the Multiple Listing Service (MLS). You can manage your favorites, save special searches, get matching properties emailed directly to you as they come on the market, and even forward to your favorite social media platforms.

Our web site lets you research just about every possible detail about Twin Cities real estate... the area, cities, suburbs, schools, neighborhoods, and more.

Then the fun starts! Actually touring the homes you want to see. It is a changing process and it is fun to see how it will lead you to the home that's perfect for you.

We'll help make recommendations, set up showings, give you our opinions and help provide you with information about the…

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50th & France Lifestyle

Friday, February 19th, 2016 at 1:51pm. 281 Views, 0 Comments.

Step inside this custom built condominium in the heart of Edina.  This two bedroom home features a master suite with dual vanities, oversized walk-in shower and large closet.  There is also a second bedroom/office/den and full bath.   Enjoy an evening in with a gourmet kitchen and great room with gas fireplace, and entertain on an oversized patio complete with city views.  Or take one of two elevators to the hottest spot in town, 50th & France for drinks, dinner, movies, or shopping... all within footsteps of your oasis in the city.  MORE INFORMATION

 

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Staged Homes Sell For More

Wednesday, February 3rd, 2016 at 9:43pm. 413 Views, 0 Comments.

Most homeowners know it is important to keep a home clean, bright and free from clutter while it is on the market for sale. But sometimes, Realtors say, taking the extra step to stage a home can make a difference in how a buyer values it and the price a seller might get for it, according to the National Association of Realtors

It is important to have a home in the best shape possible when showing it to prospective buyers.  At a minimum, homeowners should conduct a thorough cleaning, haul out clutter, make sure the home is well-lit and fix any major aesthetic issues. Another option is staging a home, which Realtors often suggest to sellers to help prospective buyers better visualize themselves in the home and could modestly increase the home’s value…

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$40M for Tahoe Glass House

Thursday, October 15th, 2015 at 3:52pm. 639 Views, 0 Comments.

It’s been called the Lake House, the Cliff House or Ski the Future. The home on Lake Tahoe’s north shore also could be called the Glass House -- because wall-to-wall, floor-to-ceiling windows cover the home’s face.

The home in Crystal Bay, NV, is on the market for $39.75 million. That makes it the priciest home on the market right now in the Sacramento or Lake Tahoe markets.

Looking out over the lake.        

The house includes four bedrooms, 4.5 bathrooms and a two-car garage. It has 8,694 square feet and sits on nearly a half acre. There is 98 feet of lake frontage; a pier; a 6,000-pound boat lift with radio control; and a stone outbuilding near the pier for…

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Boring White Walls

Thursday, October 1st, 2015 at 2:38pm. 490 Views, 0 Comments.

Convert a Bland Wall Into a Stunning Design Feature

Just because a new home comes with fresh white walls doesn't mean they have to stay that way. A statement wall can pull a design together, add personality, and make furniture and accessories pop. Creating an eye-catching feature can be simple, starting with a wall to highlight.

Whether you choose to make a statement with a bold, bright wall color or an exotic, textured wallpaper, the key is to balance it with other design elements in the room.

Choose a Focal Point -- Decide what aspect of the room you would like to draw attention to. Fireplaces, large furniture pieces and artwork are popular focal points. If your room doesn't lend itself to having a statement wall, highlight existing features…

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Take Advantage of Low Interest Rates

Friday, April 17th, 2015 at 3:09pm. 1000 Views, 0 Comments.

The average 30-year fixed-rate mortgage dipped to 3.66% this week, down from 3.7% last week, and new-construction home buyers lapped up the savings.

Mortgage applications rose 17% in March from February, according to the Mortgage Bankers Association Builder Application Survey.

“Overall, applications for new-home purchases during the first quarter of 2015 increased 20% relative to the first quarter of last year,” Lynn Fisher, MBA’s vice president of research and economics, said in a statement. “Continued strength in builder applications raises the likelihood that housing starts will be strong over the next few months.”

“Housing starts” is industry lingo for when a builder actually breaks ground on a new home. It’s a good…

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