Minnesota has a range of property tax relief programs designed to support military veterans, providing significant financial assistance to those who qualify. These exemptions are a vital resource for veterans, particularly those with disabilities, helping them manage their housing expenses and improve their quality of life. Understanding the specifics of…
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Exploring Minneapolis Lake Harriet Real Estate: A Comprehensive Guide
Nestled in the heart of Minneapolis, Lake Harriet offers a picturesque setting that blends natural beauty with urban convenience. Known for its scenic lake, vibrant community, and historic charm, the Lake Harriet neighborhood has become a sought-after location for real estate buyers. Whether you’re looking for a serene retreat or…
MN Divorce Real Estate: What Happens to a House in a Divorce?
Divorce can be a complex and emotionally charged process, especially when it comes to dividing marital assets like the family home. Understanding what happens to a house in a divorce in Minnesota is crucial for both parties to navigate this challenging time with clarity and confidence. Marital vs. Non-Marital Property…
Understanding the “Sitzer/Burnett” or “NAR Settlement” and Its Implications for Real Estate Commissions
By now, you may have heard about the landmark lawsuit concerning real estate commissions and buyer agency, often referred to as the “Sitzer/Burnett” or “NAR Settlement.” If you have questions regarding selling your home, the following FAQs may be helpful: Are the new rules already in effect? Will I need…
Navigating Divorce: Essential Resources for Minnesota Military Veterans
Divorce is a challenging journey for anyone, but for military veterans in Minnesota, it can be particularly complex. From legal proceedings to emotional support, navigating the process requires a comprehensive support system. Amidst these challenges, having access to specialized real estate professionals like Shannon Lindstrom, Realtor® with RE/MAX Results and…
What the 2025 New Credit Score Models Mean for MN Homebuyers
Starting in 2025, new credit scoring models will be used by lenders to determine the creditworthiness of potential homebuyers. Fannie Mae and Freddie Mac will mandate the adoption of the new FICO Score 10T and VantageScore 4.0 by the end of the year. For those interested in buying a home,…