Kathleen Lordbock Keller Williams Realty Brainerd Lakes

If everyone had the ability to sell their existing home or the financial resources to make the purchases, there are many great homes on the market at exceptional prices in the Brainerd Lakes area of Minnesota. For every home that sells in the Brainerd Lakes area of Minnesota, 15 properties remain on the market. The median sales price of a home in the Brainerd Lakes area dropped 9 percent and is now at $154,425 according to the Greater Lakes Association of Realtors.
The Brainerd housing market is lagging behind the Minneapolis-St. Paul-Bloomington market, which was recently ranked the top healthiest market in the nation. The Brainerd housing market is moving on a slow, steady road to recovery as the number of homes for sale decreased and closed home sales increased. Closed home sales were up 9 percent over last October; all told, 206 properties closed last month compared to 189 a year ago.
Overall, active listings were down 11 percent and new listings were up 2 percent. The month’s supply of housing has dropped to 16.8 months from 19.3 months, meaning that it would take 16.8 months for the existing inventory to be sold at the current rate of sales.

If you are interested in a seasonal property or a year around home in Central Minnesota- call Kathleen Lordbock with Keller Williams Realty Brainerd Lakes. The lakes are always beckoning whether it is summer wake boarding or winter ice fishing. Combine those with the exciting snowmobiling opportunities, skiing and brisk winter walks in this wonderland.

Come and see us soon!

Buying a first home in the Brainerd Lakes area of Minnesota is a huge step and definitely not an easy decision. Anyone entering into this process for the first time deserves special attention from a real estate professional that is prepared to walk them step-by-step through the process.
I'm here to provide you or any first time home buyers that you know with that exact level of service.

It seems to make perfect sense that as a first time homebuyer, the first thing to do is to shop for homes. Many start by investigating the market in a desirable area and finding that perfect property. Then, they contact a mortgage professional. Unfortunately, this is when the dream can fall apart for potential buyers! Essentially, they've begun the process backward. When a bank or lending institution declines a mortgage loan, for whatever reason, the potential homebuyer can be left frustrated. Buyers then face the prospect of having to start their search again, seeking a new set of properties that fall within the boundaries of the mortgage company's approval. Homes in a lower price range, often do not measure up to what they had been viewing in a higher price range.

The opposite may also be true and they actually qualify to buy in a higher price range! Smiles all around for this.

For the real estate professional, the first question to ask the client isn't, "What kind of house are you looking for?" But rather asking them, "Have you been pre-qualified for a mortgage?" Unless the buyer is paying for the house with cash, a pre-qualification is an essential element in the buying process.

The pre-qualification process isn't difficult, and as a result, buyers will know exactly what they can afford, which in turn clearly defines their choices. This common sense approach can save real estate professionals time, as they can direct clients to homes that fall within their approved price range, rather than those they can't afford. It can also save buyers a lot of potential heartache and disappointment, removing the lure of falling in love with that "perfect home" that's out of reach and replacing it with a home that, instead, will be affordably just right.

In order to make an offer on property here in the Brainerd Lakes area of Minnesota. we need to include a pre-approval letter from your lender with the purchase agreement, along with earnest money. That shows you are serious and ready to purchase.

I would truly appreciate you passing my contact information their way. I guarantee to take good care of them and to help them on their way to finding that perfect first home.

Kathleen Lordbock, an agent at Keller Williams Realty Brainerd Lakes, earned the Harris Real Estate University Certified Luxury Distressed Property Designation, having completed extensive training in negotiating and closing short sales for the higher end market at at time when the recession forces more luxury homes into foreclosure.

Lordbock has successfully listed and sold many Short Sales and assisted other fellow agents with their properties being sold short.

She has earned the National Association of REALTORS® Short Sale and Foreclosure Resource certification, is a Short Sale Superstar and many certifications in Short Sales and distressed property. As the owner of Brainerd Lakes Short Sales and a partner in Property Pro~911, she enjoys being part of the solution.