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Archive for November 28, 2009

18 Bank Owned Properties for Sale – Plymouth, MN

November 28, 2009 johnmurphymn Leave a comment

While the market is winding down for the year, there remain 18 bank owned homes for sale in Plymouth, MN.

If you’d like this list, please sign up at Plymouth Bank Owned.

The bank owned sales have generally been flying out the door.  It used to be you could be patient if you were pursuing a bank owned home.  With the banks being much more aggressive on price, you need to be the first to receive these new listings.

Hennepin County Sheriff’s Foreclosure Sales – Twin Cities Foreclosures

November 28, 2009 johnmurphymn Leave a comment

Several people have asked how you can easily find foreclosures on the Hennepin County web site.   There is a link specifically to the Hennepin County Sheriff’s Sales.   Note that these homes listed here have already gone through the foreclosure sale.  There typically remains a 6 month redemption period from the time of the initial Sheriff’s sale.

These homes are often good candidates to consider a short sale.  There is still time to avoid foreclosure.

I will post the link in the links section on the right side of this blog.

John Mauldin, “Why I am an Optimist”

November 28, 2009 johnmurphymn Leave a comment

The latest from John Mauldin….good reading if you’re feeling a little down.

Categories: Economics, Economy

Increasing Interest in Investment Real Estate

November 28, 2009 johnmurphymn Leave a comment

MarketWatch published a story a couple of weeks ago about people’s interest in pursuing real estate investments.

Given the collapse we’ve seen in some cities, it does indeed look like a good time to be a buyer.   Below are some statistics that might be of interest:

Brooklyn Park, MN Home Sales

Brooklyn Center, MN Home Sales

Robbinsdale, MN Home Sales

St. Louis Park, MN Home Sales