Bill Hansen Realty » Northern Minnesota Real Estate
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Blog cover articles on Lake Property, Real Estate, Real Estate Market Tips, Buying, Sellers Market, Vacation Property and more.
Since 1977, Bill Hansen Realty has helped buyers and sellers in lakeshore and recreational properties.
Bill Hansen Realty » Northern Minnesota Real Estate
2M ago
When buying or selling any property, you want an expert on your team. When it comes to buying and selling cabins and vacation homes in Northern Minnesota, you want Bill Hansen Realty on your team. Each of our agents offers an unmatched passion for the region, expertise in cabin properties, and a deep love of the lake lifestyle. We are more than just the area’s #1 real estate agency; we are proud stewards of this extraordinary place.
Embracing the Beauty of Northern Minnesota
From the crystal-clear waters to the lush forests, we understand the enchanting charm that makes this area so special. O ..read more
Bill Hansen Realty » Northern Minnesota Real Estate
6M ago
Old cabins have an understandable allure, with their architectural charm and unique character. The experience of being inside an old home, with all its lived-in quirks, is one of warmth and rich history. However, while picturesque and cozy, these cabins come with a host of potential issues that can turn your dream getaway into a costly and time-consuming project. Here are some of the primary issues to consider when purchasing an older property.
Hazardous Building Materials:
Many properties constructed before 1970 are laden with dangerous construction materials. Two of the most common are lead ..read more
Bill Hansen Realty » Northern Minnesota Real Estate
6M ago
In the complex world of real estate, a short sale is a term that often comes up, leaving many buyers and sellers puzzled. What exactly is a short sale, and how does one navigate through the process? In this blog post, we’ll break down the fundamental components of a short sale and provide a step-by-step guide to help you navigate this unique real estate transaction.
What is a Short Sale?
A short sale in real estate occurs when a homeowner sells their property for less than the amount they owe on their mortgage. This situation typically arises when the homeowner is facing financial distress and ..read more
Bill Hansen Realty » Northern Minnesota Real Estate
10M ago
There are countless things to do in preparation for selling your home. After the major improvements are completed, there are a variety of smaller updates and changes that can boost your home’s appeal to buyers, as well as increase its value prior to listing. These four improvements are accessible, affordable, and have a great impact.
Value-Add Improvements
Some repairs and replacements have a higher return-on-investment than others. Focus your time and money on those that will improve the final sale price. First and foremost, repair any basic damages, like a leaky faucet or broken blinds. Next ..read more
Bill Hansen Realty » Northern Minnesota Real Estate
10M ago
Buying a new home is a major expense, often the biggest in someone’s lifetime. It comes with many layers of financial responsibility. The expense isn’t just the big number you see on a listing – it’s also closing costs, inspections, insurance, taxes, etc. The good news is every expense is another opportunity for thinking strategically. With a good agent, and these 7 tips, we’ll help you save some money along the way.
Savings tip #1: Prepare Your Credit
The savings journey starts before the shopping. Most buyers will need a loan and that loan will be influenced by your financial situation. Find ..read more
Bill Hansen Realty » Northern Minnesota Real Estate
11M ago
Choosing to sell a property is a big decision; the process is complex, and a lot of money is on the line. Determining the right time to sell is crucial: one that aligns with your personal needs and circumstances. While many factors can influence this decision, such as the state of the real estate market, it’s essential to prioritize your individual situation. You should only sell your property if the time is right for you. Here are a few indicators to help you recognize when the time may be “right.”
A Note About the Real Estate Market
There are a myriad of opinions and suggestions when it come ..read more
Bill Hansen Realty » Northern Minnesota Real Estate
1y ago
Buying commercial property can be a wise investment that offers long-term financial benefits. However, purchasing a commercial property is a complex process that requires specific knowledge. Here are some things you will need to know about when buying commercial property.
Major Differences Between Buying Residential and Commercial Properties
Buying commercial property is vastly different from buying a residential property. Commercial properties are often more expensive, and they require a much larger investment. Moreover, commercial properties are usually purchased with the intent of running a ..read more
Bill Hansen Realty » Northern Minnesota Real Estate
1y ago
Real Estate is one of the most popular ways for individuals in the United States to build wealth and equity. If you’ve been looking for ways to earn more income, buying a vacation home might be right for you. Here are the reasons why we think you should consider buying a vacation home.
Your Equity Will Grow
Just like your main living property, your vacation home will grow its own equity over the years. All you have to do is maintain your property and make occasional upgrades. It’s rare that a property decreases in value.
You Can Rent Out Your Cabin
If you want to make some extra mo ..read more
Bill Hansen Realty » Northern Minnesota Real Estate
1y ago
There’s still a bit of time left before winter is over and we’re ready to start making our weekend trips to the cabin. But it is never too early to be prepared! We’ve pulled together some tips to help you get prepared to open your cabin this spring!
Make a Plan
Decide what needs to be done and make a list for both the inside and the outside. Don’t forget to check on your licenses for fishing and boating as well. Verify what items need to be renewed or purchased. Also be sure to have a plan to turn on any services that you had shut off for the winter.
Do an Opening Inspection
Upon a ..read more
Bill Hansen Realty » Northern Minnesota Real Estate
1y ago
Many of us still love heading to the cabin during the Winter months, despite the cold and snow. But there is a lot more to consider when it comes to the safety of you and your loved ones. Here are some things you can do to prepare when you head to the cabin this winter.
Have Alternate Heating Options
The cold Up North in Minnesota can be brutal. When the temperature hits below zero, or a big snowstorm sweeps through, there is a greater risk of power outages which means no central heating. Be prepared with alternate heating options such as battery-powered space heaters or heated blankets ..read more