
The Minnesota housing market has been experiencing the same foreclosure issues as the rest of the Unite States. We all watched home values soar, but when the mortgage crisis hit, it affected all homeowners and caused untold stress and heartache for many Minnesota families. Foreclosure is one of the most devastating financial challenges that a family can face and one that many times can be avoided through professional short sale negotiation. Due to the mortgage crisis in Minnesota, our market has changed, and we have high levels of Bank Owned homes, Real Estate Owned (REO) homes and Corporate Owned homes available on the market. Due to this high level of foreclosed minnesota homes currently for sale, Buyers are able to take advantage of these de-valued properties.