If you are considering a short sale or loan modification to prevent foreclosure in Shakopee, MN, here is some basic information you should know: Required Documentation -Financial Worksheet -Two Months Bank Statements (Checking, Savings, Other) -Last Two Pay Stubs -Two Years Tax Returns -Hardship Letter -Other   First, contact a qualified expert in the short sale/loan modification field in Shakopee, MN to help you with the process.  This person is a vital asset to your financial and home ownership future and will work with you to navigate through the process of a short sale or loan modification on your Shakopee home. In the next step we will contact your lender together, and work through their home ownership retention or foreclosure prevention departments, in order to secure your loan mo... 02/21/2011

4BR+bonus room on upper level.Huge master w/garden bath option & walk in closet. Two living rooms on main level, one w/gas Fireplace.9Ft ceilings on main level,main floor landry,laminate in kitchendining & foyer. Kitchen has breakfast bar & stainless steel appliances,center island.Huge lower level recreation room w/separate room for home theater. Perfect two story home on a nice piece of Shakopee real estate.   Short Sale - 2 banks. Citi 1st, Interbank 2nd. Sheriff sale has not taken place. Experienced Short Sale agent. CDPE and SSFS. Will give weekly updates to buyer agent. Buyers agent to verify w/ city potential of 3rd garage stall being added and verify msmnts.   6792 Greenbriar Curve , Shakopee, MN 55379 $220,000 02/11/2011

Historically, January is a fairly slow month for real estate sales in Shakopee.  Much of this is because of the cold weather and deep snow.  Who wants to trudge through 3’ of snow to go look at some houses?  I do! One of the most frequent questions that we as Realtors receive is, “How is the market?” and "How are short sales and foreclosures affecting the market?" Here is what happened in the Shakopee real estate market for the month of January: New Listings (73) -Short Sale New Listings (14) -Bank Owned New Listings (22) Pending Sales (32) -Average Sales Price ($174,824) Closed Sales (23) -Average Closed Price ($168,174) Total Active Listings (298) -Average List Price ($215,126) -Active Short Sales (81) -Active Bank Owned (55) Roughly 50% of the new inventory is made up of distressed ... 02/10/2011

There are many townhomes in the Shakopee real estate market. Of the 301 current active listings 126 are townhomes, twinhomes or condos which represent almost 42% of the current market inventory. The Shakopee real estate townhome market is very affordable now compared to past markets especially after seeing values drop significantlyover the past few years. Currently of the 126 active Shakopee townhomes, the average sales price if hoovering just over $129,000 for a 2+ bedroom 2 1/2 bath townhome built in 2001 with over 1550sqft. 4-5 years ago these Shakopee townhomes would have sold in the $190's.   If you are searching for a home you need a way to narrow down all your choices. The best options in the Shakopee real estate market I feel are in the 3+ bedroom 3+ bathroom townhomes with at l... 02/07/2011

In reference to a previous blog post I had about Shakopee schools, it sounds as though the Shakopee school board will have some tough decisions ahead of them. I think the most crucial topic currently on the table before next school year is configuring the grade levels. They will need to decide on a Kindergarten center, 6th grade center or some other option I imagine sometime in the near future as teacher will need to be relocated and settled with the new elementary school set to open for the 2011-2012 school year. In regards to the possibility of a new high school in Shakopee, some within Shakopee are worried dividing Shakopee Schools would also divide the town. Some are concerned this would be similar to when the mascot was the Shakopee Indians and the transition to the Sabers. Many pr... 01/28/2011

Don't panic!!! MN townhomes can be great, I lived in one for five years and loved it. With almost 10 years of experience now and seeing a more depressed real estate market than in the past, competition is tough. The Shakopee Real Estate market has a large inventory of quality townhomes ripe for the picking. I walked into one MN townhome last week that was PERFECT for $95,000, built in 2006!!! Now most first time buyers tend to lean towards townhomes rather than single family for a few reasons. 1) they don't want to do yard work 2) they don't want to buy everything to do yardwork 3) pricing typically is lower 4) you generally can buy a newer townhomes without needed repairs. In the aggressive market we are in with so much more buying power than in the past, I now advise clients when look... 01/27/2011

Your home search has started and you are thinking of building in Shakopee? One quality neighborhood that come to mind is Valley Creek Crossing in Shakopee. If you are looking for centrally located Shakopee real estate, close to schools, park, grocery stores and restaurants, this is a great location. The neighborhood has a neighborhood park on Evergreen Lane, a creek that runs through the development, sidewalks and a good mix of homes ranging from two story homes, ramblers and modified two stories.  Valley Creek Crossing is just South of Highway 169 where Marschall Rd and CR 78 meet, next to Marschall Farm. The development consisted mostly of four primary custom builders initially, but now most remaining lots are taken by national builder, Lennar. I have been through Lennar's model and y... 01/25/2011

The time has come where Shakopee has expanded to the point conversations have begun for a second high school.  The district will be considering adding a second high school as the Middle School and Junior High grow to capacity, and elementary school number continue to grow. The topic is a hot debate between many who simply can not see Shakopee as a two High School town.  Shakopee does face current forecasts for the current High School to be over capacity by the 2015-2016 school year and significantly overcapacity thereafter. The city will look at a 1,600 student capacity High School as the next major district building to be constructed. Shakopee will be adding a sixth elementary school, Jackson Elementary, due to open in the Fall of 2011, and middle schools and Junior high class rooms a... 01/25/2011

Shakopee is back at it and adding to the entertainment hub they are known for in the southern part of the Twin Cities. Currently Shakopee real estate is home to many venues including Canterbury Park, Valleyfair, Murphy's Landing. Owner of Dangerfield Gus Khwice and Michael Orensteen owner of MinneHaHa in Burnsville, is planning to move the comedy club to the lower level of Mr. Khwice Dangerfield's restaurant in Shakopee. Dangerfield's has the food to bring people in for a nice dinner and a 90 minute show. An article from the Shakopee Valley News states, "For $25, people can watch a 90-minute show and also select a dinner entrée, ranking from whiskey sirloin to crab meat stuffed tilapia. Tickets to just a show will be $10 or $13." To me that is a steal of a deal. My friends and I usually... 01/24/2011

Staying organized can be the difference between a smooth move and having box upon box cluttering your home, waiting to be unpacked for weeks or even months! Some helpful tips are using boxes of the same size, breaking out the label maker or sharpie marker so you can best label what is in each box, and  make sure to pad all your fragile items carefully. There can be a method to your madness. Also remember packing a small bag with your must need items like money, snacks, toothbrush, deodorant and toilet paper. Below is a quick checklist that can help make the transition to your new Minnesota home seem-less. Six to Eight Weeks Prior ❑ Begin “weeding out” ❑ Conduct a garage sale ❑ Obtain estimates from three moving companies ❑ Contact your insurance agent to discuss the transfer of our hom... 01/23/2011

When searching for homes, we have an affinity to search the Minnesota MLS or maybe we look into narrowing our search to a specific area such as Shakopee Real Estate or other surrounding suburbs. However, as we break down our home search we still are obsessive, just like those who watch the series The Bachelor. We inconvenience ourselves and rearrange schedules for fear of missing a drama filled episode, just as we stress and comb over the Minneapolis MLS not to miss out on the perfect home. As odd of a “Real Estate” topic this may be, it does have many similarities to the popular reality TV show. You see a contestant (picture perfect pretend relationship) and want those same experience.  EVERYONE is willing to give advice. Just like relationships, friends, family, co-workers and plenty ... 01/23/2011

With the contracts of many key players expiring, and Brett Favre filing retirement papers, the Vikings have one of their most important contracts expiring, their home field at Mall of America Field.  Mall of America  Field recently deflated as fast as the Vikings Playoffs hopes, and many in Minnesota fear they might be moving to Los Angeles as stadium talks seem to be at a standstill.  I have seen the North Stars leave the state and move to Dallas only to win the Stanley Cup shortly thereafter. All fans could do in the final season was protest and chirp up with our incessant, “Norm sucks” chat, belittling the former owner of the North Stars and showing our disdain. Furthermore the Minneapolis Lakers left town and went on to win many more NBA Championships. We are amidst a looming state... 01/23/2011

10/06/2010

Just Listed at 584 Danube Avenue!   This walkout two-story offers an open floor plan with four bedrooms on one level, in a mild Craftsman-style design. The kitchen boasts wide-plank hardwood floors, stainless appliances, updated pendant lighting and a spacious pantry.  A dinette overlooking mature trees in the backyard is adjoined with the kitchen.  The living room has a wall of windows, gas fireplace and track lighting.  The main floor also offers an office, mud room with closet and half bath.  The second floor offers four bedrooms, including a master suite with French door entry, vaulted ceiling and private bath with garden tub.   The other three bedrooms are generously-sized, and are connected by a wide hallway.  A laundry room and another full bath lie on the second floor.  The walk... 08/27/2010

Welcome to 7512 Falmouth Curve!   This walkout two-story is situated on a manicured, fenced lot with mature trees, lending privacy to the backyard.   The main floor offers a striking two-story living room, formal dining room, and family room with gas fireplace.   The kitchen shines with stunning white enamel, 42" raised panel cabinetry and a custom backsplash, and opens to a charming vaulted sunroom overlooking the backyard.  A half bath with granite countertop and mud room lie on the main.  The second floor offers four bedrooms, including a private master suite with French door entry and full bath.  A loft area and another full bath lie on the second floor.   The walkout lower level has a rough-in bath and is unfinished for future equity.     The home offers a deck, in-ground sprinkler... 08/27/2010

Inventory has dropped in Southbridge, and sales have cooled.  But do not become discouraged.  The holidays stalled activity for a time, but unlike January 2009, this month has been unusually "abuzz" with inquiries of people investigating the market.  Short sales and foreclosures continue to be prevalent in our Southbridge marketplace (there are currently five of them), with most of them concentrated in the townhomes.     With the existence of the foreclosure prevention programs which were absent in 2008 and early 2009, some sellers now feel they can hold their heads above water in the marketplace, as this inventory has dropped.   We expect that inventory will climb soon, as those getting a head start on the spring market seek to take advantage of the narrow window of opportunity afforde... 01/17/2010

Loni Lowe | Keller Williams Integrity Realty | 612-790-1959 1555 Hummingbird St., Shakopee, MN Immaculate move-in ready townhome! 2BR/1.5BA Townhouse offered at $145,000 Year Built 1999 Sq Footage 1,422 Bedrooms 2 Bathrooms 1 full, 1 partial Floors 2 Parking 2 Car garage Lot Size .02 acres HOA/Maint $140 per month DESCRIPTION Built in media center - 2 BR & loft. Open floor plan. Kitchen with 42" cabinets, center island, breakfast bar & tile floor. Large master BR & walk thru master BA. Custom blinds & nice decor. Just move in! Agent related to seller. see additional photos below PROPERTY FEATURES - Central A/C - Central heat - High/Vaulted ceiling - Tile floor - Living room - Dining room - Dishwasher - Refrigerator - Stove/Oven - Microwave - Washer - Dryer - Laundry area - inside - Bal... 11/19/2009

Here are the final numbers for Shakopee, MN. September 2009 home sales; Shakopee, Minnesota Sept. Sept. Sept. Entire Year Entire Year Entire Year Scott County, Minnesota 2008 2009   Change 2008 2009   Change New listings 96 101 5.2 1155 1057 -8.5 Closed Sales 66 69 4.5 427 510 19.4 Median Sales Price 189925 165000 -13.1 202500 166000 -18 Avg. Sales Price 243,074 189650 -22 232863 193762 -16.8 % of orginal list pirce received 95 91.8 -3.1 92.9 92.7 -0.2 Avg. Days of Market  143 158 10.4 140 140 -0.5 Single-family detached inventory 228 193 -15.4       Townhouse-condo inventory 194 129 -33.5         If you have any questions about this information on home sales for Shakopee, Minnesota please feel free to contact me. Kenden Post-CDPE, ePro Coldwell Banker Burnet-Apple Valley, Minnesota www... 10/21/2009

Here are the final numbers for Shakopee, MN. June 2009 home sales; Shakopee, MN June June June Entire Year Entire Year Entire Year Scott County, MN 2008 2009   Change 2008 2009   Change New listings 127 105 -17.3 810 709 -12.5 Closed Sales 59 60 1.7 265 97 12.1 Median Sales Price 220000 182000 -17.3 209000 167500 -19.9 Avg. Sales Price 235,713 210125 -10.9 233031 197954 -15.1 % of orginal list pirce received 94 94.6 0.2 93.1 91.6 -1.6 Avg. Days of Market  124 133 7.5 142 145 2.2 Single-family detached inventory 260 196 -24.6       Townhouse-condo inventory 226 147 -35         If you have any questions about this information on home sales for Shakopee, MN. please feel free to contact me. Kenden Post Coldwell Banker Burnet-Apple Valley www.OurFirstMinnesotaHome.com Kenden@KendenPost.com (... 07/10/2009

By Sara Huebener I've always been an advocate of owning real estate as part of one's financial portfolio, and, whenever possible, including investment properties among that list.  I believe that if one can tolerate the nuisances that go hand-in-hand with investment property for a considerable period of time, ownership of investment properties can reap big rewards.  On Christmas Eve, we purchased another investment property.   It was a bank-owned townhome in solid structural condition, but rough shape (if that makes sense).  The home has some unique and attractive features such as beamed and vaulted ceilings, large rooms and a finished basement.  And with a purchase price at 46% of its most recent sale price and 65% of active comparables, it appeared to be an attractive investment.  We a... 01/30/2009