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GRI what is this?
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It's only a House, until it's your Home
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\ Thank you for visiting my everchanging website! I have lived in the Western Suburbs of Minneapolis in Minnetonka, Eden Prairie, Chanhassen, Chaska and Excelsior for the last 25 years. I have been a first time home buyer, trade up buyer, down sizing buyer, new construction buyer and investor. I can empathize with what you are going through because I have been there. I have been in almost every neighborhood from Maple Grove to Lakeville, Edina to Winsted because I weekly perform Appraisals for Mortgage Companies to determine the current market values of homes. I am passionate about residential real estate and would love to use my experience to benefit you and your family.
Whether you are buying your first home, looking for more space, downsizing or looking for that next great investment opportunity, you have come to the right place. Buying or selling Real Estate is a major decision and you want to insure that you are working with a qualified professional that knows this market inside and out and can adapt to the ever changing landscape of Real Estate. Most importantly, a Realtor , like Michelle, that puts the needs of her clients first, and makes the experience as stress free as possible. A Realtor for all the seasons of your life.
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Search the entire MLS for properties |
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Hot Deals St. Boni |
Hot Deals Chanhassen |
Links to area Communities for more information
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Excelsior |
Chanhassen "Money Magazines" #2 City in the Country |
Chaska |
Minnetonka |
Eden Prairie |
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School District 112 Chaska, Chan, Victoria |
School District 276 Minnetonka |
School District 272 Eden Prairie |
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My Blog : Behind the scenes at:  
I had a blast being the Realtor Expert on HGTV's, "Band For Your Buck". The show looked at 3 homes in the Minneapolis area, all spending the same budget on their Lower Level remodeling projects. I had to determine what their return on investment would be. Meeting the families and the crew from HGTV was a wonderful experience. What surprised me was.....
read more
http://www.hgtv.com/bang-for-your-buck/115000-basement-renovations-in-minneapolis
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NAR Frequently Asked Questions
Homebuyer Tax Credit Changes
National Association of REALTORS ® Government Affairs Division
500 New Jersey Avenue, NW, Washington DC, 20001
Here are some of the most frequently asked questions on the changes to the Homebuyer Tax Credit
Question: Existing homeowner credit: Must the new house cost more than the old house?
Answer: No. Thus, for example, individuals who move from a high cost area to a lower cost area who
meet all eligibility requirements will qualify for the $6500 credit.
Question: I am an existing homeowner. On October 25, 2009, I signed a contract to purchase a
new home. I have lived in my current home for more than 5 consecutive years and
am within the new income limits. I will go to settlement on November 20. If
President Obama has signed the bill by the time I go to settlement, will I qualify for
the new $6500 tax credit?
Answer: Yes. The existing homeowner credit goes into effect for purchases after the date of enactment
(when the bill is signed). There is no reference to the date of contract for the new credit. The
provision looks solely to the date of purchase, which is generally the date of settlement.
Question: I am a firsttime
homebuyer but was not within the prior income limits at the time I
entered into my contract to purchase on October 30, 2009. I will be covered,
however, by the new income limits. If the new rules have been signed into law by the
time I go to settlement, will I be eligible for a credit?
Answer: Yes. The new income limitations go into effect as soon as the President has signed the bill.
The income limit and other eligibility rules will look to your status as of the date of purchase,
which is the settlement date. So if the new rules have been signed when you go to settlement,
you should be eligible for the credit (or a portion of the credit if you're within the phaseout
range).
Question: I am an eligible existing homeowner. I have a fair amount of equity in my home. I
have found a home with a nonnegotiable
price of $825,000. Will I be able to use any
of the $6500 tax credit?
Answer: No. The $800,000 cap on the cost of the purchased home is firm at $800,000. Any amount
above $800,000 makes the home ineligible for any portion of the credit. The $800,000 is an
absolute ceiling.
Question: I owned my home for 10 years, but sold it two years ago year and have been renting
since. If I purchase a home, will I be eligible for the $6500 tax credit if I meet all the
other eligibility tests?
Answer: Yes. Because you lived in the home for more than 5 consecutive years of the previous 8, you
will qualify for the $6500 credit. For example, Say John and his wife bought a home in 2000
and lived there until 2008 when he got a divorce. Whether John has been renting or bought in
the interim, he WOULD INDEED be eligible for the credit because he owned a home and
occupied it as his principal residence for 5 consecutive years out of the last 8 years. The
keyword here is "consecutive." As long as he lived in that house for 5 years straight what he
did since 3 years doesn't impact eligibility.
Question: I am an eligible firsttime
homebuyer. I entered into a contract to purchase on
November 1, 2009. Do I have to go to closing before December 1? How does the
extension date affect me?
Answer: You do not have to close before December 1. Once the legislation has been signed, it will be as
if the Nov 30 date had never existed. Therefore, so long as the contract settles before April 30
(or July 1, worst case), the purchaser will be eligible for the credit. |
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| New homebuyer tax credits! |
| Tax credits are now available for first-time homebuyers and qualified repeat homebuyers!
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To learn more about what’s going on in the market and your neighborhood – |
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DESIGNATIONS AND CERTIFICATIONS
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