An update on broadband service in Otter Tail County There are many parts of rural Minnesota still underserved with slow, or even no internet, but for Otter Tail County, broadband connectivity is improving. What is broadband? Today’s “high speed internet” is more accurately defined as “broadband”- high-speed Internet access that is always on and uses several high-speed transmission … Continued
4 considerations before buying a second home Many friends in Otter Tail, Douglas and Becker counties have second homes- even if they are just a few communities away on a nearby lake. If you’ve been thinking about buying a second home, now is a good time. Although mortgage rates are rising, they are still relatively … Continued
4 Tips for an Autumn Real Estate Sale You may have noticed our other articles encouraging buying and selling in the Fall. There are advantages to both. While there won’t be as many buyers as over the summer, those that are looking are more serious. Fall buyers typically want to close a deal sooner. More … Continued
8 Good tips for new homeowners If you just purchased your first home or condo, you are probably anxious to make updates, repairs or “make it your own.” However, not all improvements are worthwhile, and some unwise purchases could cost you in the long run. Here is some sage advice to prevent you from wasting … Continued
6 things to do before applying for a mortgage Acquiring a home not only represents something tangible that is your own, but is also an asset that typically increases in value over time. The equity created in home ownership comes in handy if you later when you retire, or if you want to fund a … Continued
Ready to buy a house? Now you have to figure out how to pay for it. Take these 3 steps to be prepared for financing. As the events of the last few years in the real estate industry show, people forget about the tremendous financial responsibility of purchasing a home at their peril. Here are … Continued
Make the home buying process as stress free as possible by being prepared. Your realtor can provide great guidance but being armed with knowledge is powerful in this important transaction. Looking to buy a home? Here are five essential tips for making the process as smooth as possible. 💲 Get your finances in order Start … Continued
Are you ready to buy your first home in Otter Tail lakes country? These 7 important considerations, from financial and tax benefits to having control over your own environment, will help you decide if it is time to stop renting and being a homeowner. It is a big move to jump into real estate, especially … Continued
Low inventory across the country makes it tough for buyers, especially those looking for their first home. New construction and opportunities in rural areas may relieve some of the housing stress. The nations real estate market was marred by inventory shortages in 2017, and that is not likely to ease up in 2018. Many homeowners … Continued
What does the Fed rise in interest rates at the end of 2017 mean to home buyers and sellers in 2018? Opportunities exist, but you better move fast, especially if you are buying or refinancing. At the end of 2017, the Federal Reserve raised its benchmark interest rate a quarter of a point for fifth … Continued