421 – West 4th Street, Winthrop, MN 55396 No more rent payments with this charming 2 bedroom home with attached garage!   Think of it as your own retirement savings account when you make payments on behalf of yourself instead of to your landlord!  What would be your monthly payment?  Try $325  per month based on a full-price offer of $34,900 including taxes and  insurance, some closing costs, decent credit as a first-time home owner, and 5 1/2% interest on a 30 year fixed rate loan.  This would require about $1,600 out-of-pocket toward appraisal and other closing expenses.  How can you go wrong?

This home features hardwood floors, a full bathroom, two bedrooms on the main floor and potential for another one upstairs.  One car garage is attached and has an electric garage door opener.  And the home has an additional storage shed.  It’s also located on a large lot with mature trees.  It just keeps getting sweeter!

And if this weren’t enough, call us today if you’re looking for a lender.  We can help you achieve your dreams of being your own landlord!

What are you waiting for?  This Winthrop MN real estate opportunity will not wait long.  We believe it will be the next home in Sibley County to sell!

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1. Lake Minnie Belle Home in Meeker County MN

Retreat to your own quarters with this beautiful 2005 Compton-built county home with higher end finishes.  Relax in your spacious Owner’s Suite with large walk-in closet, another generous closet,  comfortable large Owner’s bathroom and patio doors.  Feel the stresses release while you entertain in this open floor plan home with stainless appliances and large deck.  And if garages are important to you:  this one is a sleeper!  It LOOKS like a 2 car but has ample room for additional toys, a hot tub or whatever trips your trigger.  On the spacious land this home sits you will WANT to build an additional large shop to fit in with the neighbors…so make plans right away!

Two bedrooms upstairs and two bedrooms downstairs, along with a large family room and additional full bathroom.  Enjoy the cost savings of the newer mound septic system and well, but the convenience of Hutchinson Utilities gas and electricity.  Home is served by either Mediacom or Nu-Tel Communications.  Water softening system is an Iron Curtain system.  Edge of town, literally, behind the gun shop and across from KDUZ KARP radio station.  You’ll be close to anything you want.   Served by   Hutchinson School System or very close to Maplewood Academy and other parochial schools.

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1. Four Bedroom Home on Edge of Town

$41,900 Minnesota REO Bargain

Minnesota Foreclosure and REO properties are showing up more prevalently around the state.  While the Hutchinson MN real estate market has not been flooded like many other areas, I estimate we have slightly over ten-percent of our listings either in pre-foreclosure (short sales) or actual foreclosed.  Typically, the process begins when a person becomes three to five months behind on the house payment and then  the sheriff’s sale occurs.  Once that happens, the delinquent borrower usually has six months during the statutory redemption period to make good on the past due loan.  At the end of that six month redemption period if the borrowers have not come to terms with the bank, they are expected to move out.  Banks contract with local real estate professionals to “watch” the property, that is, keep an eye on when the borrowers move out and then try to prevent frozen plumbing or other problems associated with vacant homes.  Once the home is vacant, it will typically be re-keyed, winterized and prepared for sale.  Banks hire Realtors to perform Broker Price Opinions on the bank owned property, and sometime additional professional appraisals are completed.  Minnesota Real Estate Agents then typically are requested to place public utilities (water, sewer, electricity, gas) into their own names and pay to keep the homes heated during cold months.  Once listed on the Minnesota Multiple Listing Service, we are able to have all agents preview and show the listings to clients.  Often times banks will reduce their listing prices, or at least analyze them, every thirty to sixty days. 

If this is happening with you, or if you’re concerned it may be happening soon, contact us confidentially to talk about options.  I’m pleased to share with you that sometimes we are able to assist borrowers in workout programs between homeowners and their banks.  Occasionally banks will negotiate loan restructuring, even changing the interest rate or other terms.  We will  help you and your bank determine if this is an option for you.

If you’re thinking of purchasing a Hutchinson MN forclosure there are numerous considerations to make.  Contact us for guidance in some of the issues to watch for, and for other assistance.  And by all means consider hiring a professional home inspector on these properties. 

If you’d like to be set up on an automatic email for all foreclosed homes in our area, you may contact The HULS Team.  Timing is AWESOME for buying an investment property.  Interest rates AND home prices are at all-time lows.  If you’ve ever considered buying a rental property we can help you find financing and assist in calculating your ROI.

27 5th Ave NW Hutchinson MN MLS #3605071

Four bedroom, two bath home is well updated throughout. This 2089 finished square foot walkout rambler includes the following updates:

• Steel siding
• Roof
• Windows
• Carpet
• Laminate flooring
• Interior paint
• 200 amp electric
• Furnace and AC
• Huge deck with excellent views
• Spacious 1419 sq foot garge with two stall insulated with 220 amp service

This Hutchinson MN home is delightfully located across from Hutchinson’s famous wintertime attraction: Rocket Hill sledding park.  You will enjoy the gleaming hardwood floors and plenty of sunshine throughout both levels of this meticulously maintained and upgraded home.

Check out the spacious lot recently surveyed at 2/3 acre.  There is plenty of room for your growing family, gardening, play equipment and a place to create memories.  Shady mature trees and a great neighborhood!  Close to everything in Hutchinson.

All appliances are included in the asking price.  Kitchen appliances include stove, refrigerator, microwave, and dishwasher. Also has large pantry/closet.  Washer and dryer are also included, and home has the possibility of a main floor laundry.

Inviting kitchen has all new appliances!

This Hutchinson MN rambler walkout has 2/3 acre!

Open floor plan.

Warm, welcoming entry with hardwood floors.

New deck with panoramic views.

Room for five cars!

Call The HULS Team to tour this fine Hutchinson MN home that boasts a large garage/shop and all the amenities.

27 5th Ave NW
Hutchinson MN

Priced to sell at $174,900!

See the virtual tour for 27 5th Ave NW.

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2. Executive Hutchinson MN Home for Sale
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