Hutchinson MN Homes » Foreclosures and Short Sales

Pristine Farmsite Stewart, MN in Sibley County

Rachel Huls — Wed, 28 Jan 2009 20:41:20 +0000

19643 - 641st Ave, Stewart, MN 55385 This 3 bedroom, 2 bathroom home located on a pristine farmsite is one setting you are sure to fall in love with. This home features newer furnace, aluminum siding and windows, second kitchen in lower level, and potential for a 4th bedroom. Enjoy the 40×80 Quonset with a small shop area, and small shed. All of this set on an outstanding 6.25 acres.

Lake Minnie Belle Home in Meeker County MN

Upscale Dassel, MN MLS 3986489

Rachel Huls — Wed, 28 Jan 2009 00:50:14 +0000

Retreat to your own quarters with this beautiful 4 bedroom, 3 bathroom home. Feel the stresses release while you entertain in this open and spacious floor plan. Updates this year include: flooring, appliances, paint, garage finish, lighting, and more! This home features 2 fireplaces, 2 10×10 storage sheds, a knotty pine sunroom, and outstanding views. This large walkout home is set on 2.5 acres, heavily treed and beautifully landscaped. You have the option of Dassel-Cokato or Hutchinson schools.

Hutchinson MN Foreclosures and Short Sales

Rachel Huls — Sun, 25 Jan 2009 05:00:54 +0000

$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.

Updated Hutchinson MN Rambler Boasts 4+ Stall Garage

Rachel Huls — Mon, 19 Jan 2009 19:24:19 +0000

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.