Welcome to Mary and Mark Gores Prior Lake Real Estate Blog Sign in | Help

Prior Lake Blog

A blog from Mark Gores about Prior Lake real estate, news, and general musings.

News

  • Click here to return to our website

January 2011 - Posts

Tips for borrowers during loan processing
During the processing of your home loan you should keep in mind a few things that can affect the outcome of your loan request. They may be a little obvious, but we've seen them all happen at least once and before closing the buyers were left with Read More...
Money Pit or Bargain? The 203k Loan May Help
As promised, we would like to discuss the FHA 203K (rehab) loan a bit today. There are many houses available but a lot of them it seems need some work, or are missing appliances or something. How are buyers going to be able to bring their 3.5% down payment Read More...
Six Months in to Fatherhood
Emily and I recently had dinner with some friends that embarked on parenthood a couple months before us. We try to disguise these nights out as “adult nights” and say things like “Oh, it is so nice to get out with other adults and talk Read More...
What if the House Needs Work? Understanding FHA Work Orders
While it is true that there are a lot of "deals" in the marketplace right now, it is also true that a lot of them are in need of repairs. Most buyers are opting for an FHA loan where only a 3.5% (of the appraised value) down payment is required. Read More...
EXISTING HOME SALES RESUME UPTREND WITH STABLE PRICES
Existing-home sales got back on an upward path in November, resuming a growth trend since bottoming in July, according to the National Association of Realtors®. Existing-home sales, which are completed transactions that include single-family, townhomes, Read More...