CBlock Investments LLC

04/06/2023

https://www.mncontractfordeedfinancing.com/property/15133-territorial-road-maple-grove-mn-55369-contract-for-deed-home-for-sale-400000/

Owner/Seller financing available amazing move in ready home on almost 2 acres with a country feel in Maple Grove with many updates!

12/15/2022

Today, I was able to help one of my contract for deed clients obtain financial assistance from Home Help so they could stay in their home, which is a great feeling!

This is a federal program that provides up to $50,000 assistance to homeowners who experienced a hardship related to the covid pandemic, and have fallen behind on their payments. Minnesota Housing (MHFA) is the organization who handles applications and the disbursement of funds.

The program was a little rocky over this past summer for handling applications, but it has improved dramatically over the past couple months.

For such a great program, it is amazing to me just how few people are even aware it exists. I do not see many Realtors, lenders, attorneys, etc. in my profession getting the word out.

SO PLEASE SHARE THIS! It could really help out one of your friends or family.

I do not know how much longer applications will be accepted, because it will continue until funds run out. I would therefore suggest people interested fill out an application as soon as possible.

HomeHelpMN COVID-19 Homeowner Assistance Fund Accepting Applications Homeowners can submit an application via the website at HomeHelpMN.org or by calling the Call Center and providing information over the phone at 800-388-3226. (A paper application may also be requested by calling the Call Center, h...

04/13/2021

https://youtu.be/Q39TJ9INMEc

Proudly brought to you by the Professionalism Committee of the Saint Paul Area Association of REALTORS®, this video introduces Minnesota home buyers and sell...

05/02/2020

If you own any sort of government backed mortgage (which is basically everything except maybe jumbo FHA/VA/Conventional) it is important for homeowners to know DO NOT LET YOUR MORTGAGE COMPANY BULLY YOU! Fannie and Freddie make it very clear: you do not need to pay a lump sum at the end of your forbearance period. I have talked to at least 1 person who told me this is exactly what his mortgage company told him so he did not apply for the forbearance. THEY ARE DEBT COLLECTORS DO NOT TAKE WHAT THEY SAY AT FACE VALUE. I do have some serious concerns on how many mortgage companies will "voluntarily" move the payments to the back-end of the amortization schedule, and until there is clarification on the loan modification part this is going to be a problem with default rates easily surpassing the peak of 2008 at 10% ish within a couple weeks. At minimum homeowners should be able to enter a repayment plan for 12 months to allow catch up.

And for those who do not know, the government forbearance program clearly states the homeowner does not need to prove a hardship (basically anyone can do it), but this could change very quickly.

They're finding a need for clarification at a time when uncertainty and skepticism are intensifying.

02/07/2019

The results are in for the 2018 twin cities metro housing market. Homeowners can rejoice with an average increase in home values of 4%. A strong spring selling season with a continued shortage of listings, especially at the lower price points, created a favorable environment for sellers. Buyers got a double hit with rising prices along with interest rates at the beginning of the year, but both started to flatten out towards the fall. Anything under $300,000 is very difficult to find in the inner metro, and many entry level/1st time buyers will be forced to migrate to the 3rd tier suburbs. In other words, commute will be the biggest concession many buyers will be making in 2019 and beyond as the shortage of homes in lower price points continue. Will there finally be new construction for entry level homes? Watch for signs in the outer suburbs where this is much needed. Buyers in the 600k+ price point will see some favorable pricing early spring as there is some over-supply in the luxury area. Overall 2019 should continue to see a strong seller market for the entry level price points with some continued price gains, where the middle/upper tier price points start to flatten out with more supply equaling some balance between buyers and sellers.

Home prices rose steadily throughout 2018, even as sales activity was in fluctuation compared to 2017 levels.

01/31/2018

The results are in for 2017! Home prices in the Twin Cities market increased 10% making homeowners very happy. Buyers not so much. The theme for 2018 will be similar to 2017 in that we continue to see 20 year lows (maybe longer the data does not go back any further) in inventory making this one of the largest housing shortages on record. The economy is exceptionally strong in Minnesota where buyer demand is high. Millennials are the largest generation since the baby boomers and want to buy, but the availability of homes right now is terrible. Homeowners that normally would be "move up buyers" can't find anything to purchase so they stay put and choose to remodel (along with already being locked in to a great interest rate). Many baby-boomers are choosing to stay in their home instead of sell and down-size. The single family residential rental market is currently strong, so many investors are not unloading their properties yet (usually great for first time buyers). New construction continues to increase y/y, but we need A LOT more building to bring supply/demand housing dynamics into balance. If you sum it all up 2018 will continue to see robust home price gains as the tight inventory theme continues. Some will ask "are we in a bubble?" and the answer would be no. The supply constraints listed above are largely due to economic and demographic factors. Home financing standards dramatically changed after 2007 where sub-prime lending was eliminated. Homeowners are in 30yr. fixed rates instead of ARM's. This has lead to below average foreclosure rates that currently are a non-issue. Rising interest rates over the following years will slow down price gains, but unless they rise exceptionally fast it will not lead to a decrease in home values.

~ Happy House Hunting!

The Skinny - December 2017 "Buyers may not benefit from higher prices, but sellers do, and there should be more listing activity by more confident sellers in...

01/20/2018

As some of you are aware there are big changes that have taken place with my FB page as I recently completed my brand new website! I have been providing contract for deed financing to home buyers for years, but now it is my full time job as I transition out of the Realtor role. It was time to do a major make over, and I am excited for what 2018 and beyond brings! Thank you to all who have supported me on Facebook and this page.

When the banks turn you down, we’re here to help. Contract for Deed is the #1 option home buyers turn to when conventional financing is not possible since credit plays no role in loan approval. My program was created specifically for you.

01/19/2018

There will be more to share soon, but 2017 wrapped up nicely with the twin cities housing market up almost 10% !! The low inventory continues to break records at levels I have never seen, which will put upward pressure on prices until this reverses. It continues to be a tough market for buyers while sellers stay in the driver seat.