Residential and Commercial Property Owners

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Real Estate Agent - Edina Realty
Helping Residential and Commercial Property Owners Buy and Sell Real Estate since 1984.
RECENT BLOG POSTS
If you purchase real estate and place the property inside your IRA, you do not own it; your IRA owns the property. Since qualified plan law governs your IRA, the owner must adhere to Internal Revenue Service guidelines. Investment restrictions, custodial fees, distribution rules and, ultimately, ...
01/02/2009
"Interest rates for 30-year fixed-rate mortgage rates fell for the seventh consecutive week, moving these rates to the lowest since the survey began in April 1971," said Frank Nothaft, Freddie Mac chief economist. "The decline was supported by the Federal Reserve announcement on Dec. 16, when it ...
01/02/2009
Some Positive Real Estate Talk Though the economic news in the media is gloomy, the real estate market is actually stacking up quite well for buyers right now, particularly ones that do not have to first sell a home. Just last week interest rates dipped down about 1% from 6.75% down to around 5.7...
12/27/2008
8 real estate trends for 2009 December 26, 2008 For even the most seasoned real estate professional, 2008 was a challenging year. As the credit market tightened, the economy sputtered, foreclosures soared and the stock market took a hit, many were wishing for a crystal ball to see just when to e...
12/26/2008
Rainmaker
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Frank Drake

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Helping Residential and Commercial Property Owners Buy and Sell Real Estate since 1984.