Author Archives: Chris Rooney Home Experts
Upcoming Reverse Mortgages Changes
Reverse mortgage: a home loan that provides cash payments based on home equity. Homeowners normally defer payment of the loan until they die, sell, or move out of the home. As our population ages and retires they become more prominent to help finance retirement years. In certain situations, a reverse mortgage is a very good product... Read More
Auctions and Self-employed Financing
This week we were joined by Garth Johnson from Minnesota REO Experts and Mona Edick from WJ Bradley Mortgage. First we talked to Garth Johnson about bank-owned properties. Garth discussed the fluctuating inventory causing about 15-20% of the current inventory to be bank-owned. This has created a problem in the market as far as inventory... Read More
Financing Vacation Homes and Staging Your Home to Sell
We had Travis Whitford from WJ Bradley, Mindy Frost from RE/MAX Advantage Plus, and Mia Erickson, Kevin Quagliano, and Jayson Andrea from Alexander’s Mobility Services join us this week. The first topic of discussion was some facts about vacation homes and how to finance them. Travis Whitford began with some interesting statistics. The median income... Read More
Renters Questions and Advantages of Purchasing in Today’s Market
This week we were joined by Deb Newell from Real-Time Leasing and Jeff Winship from First Option Mortgage. First up, we talked to Deb about what property owners need to be aware could happen with their renters and how to respond. One of the most important aspects of having a renter, is that they pay... Read More
Title Tips and Mortgage Rates
This week we had Cindy Koebele from TitleSmart and Jennifer Dierkhising from Wells Fargo join us in the studio. The first topic we wanted to dive into was about the increasing amount of utilizing wiring funds vs certified (cashier’s) checks. Cindy Koebele discussed how customers used to bring in a cashier’s check and the title... Read More
Luxury Homes
The show on Saturday focused on luxury homes.  When people hear the word luxury home they often think that mean a multi-million dollar home.  A luxury home is actually determined by the top 10 percent of the homes in the market. The top 10 percent of homes are around the $438,000 to $5 million dollar... Read More
Renovation Loans and Estate Planning
This week we were joined by John Markve from Markve & Zweifel as well as Larry Anderson and Matt Helling from Cambria Mortgage. The first topic of conversation was about probate. Probate is the process of clearing the title to assets that we don’t know what to do with.  Some assets are not probate assets... Read More
Market Trends and Financing Misconceptions
This week we were joined by Garth Johnson from Minnesota REO Experts as well as Brett Leschinsky from WJ Bradley. We started off the show by discussing the current market trends with Garth Johnson. Something that has been dropping significantly in the market is inventory. It has dropped so much that there is actually a... Read More
New Construction Season!
This week we had Pat Flynn from Eternity Homes and Justin Jurkovich from WJ Bradley join us in studio. The first topic we discussed was trends in new construction. Energy efficiency has become one of the top trends that people are focusing on when building new. Pat Flynn discussed the most obvious reason for the... Read More
Radon and Buy and Bail
A lot of people have questions about radon and are smart to be finding out information on it due to the fact that it is the second leading cause of lung cancer, after smoking. With this being a huge safety issue in homes, we decided to focus part of our show this week on the... Read More