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Lakes Country in Northern Minnesota

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articles

10 Most Common Home Buying Questions

May 25, 2023 //  by Team Baker Leave a Comment

There are a lot of steps to buying a home, and people have questions. Buying a new home creates a great deal of excitement, but also can create confusion. Here are the most common questions home buyers have, and the answers. How Do I Get Started? – The first step is getting a pre-approval by …

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Female Hands Framing Custom Kitchen Design Drawing and Photo Combination

Building Equity With a Home Improvement Plan

October 24, 2022 //  by Team Baker Leave a Comment

Typically, your home is the largest financial investment you will ever make. Over a period of years we expect a decreasing mortgage balance and a probable increase in property value, which leads to an increasing amount of home equity. While homeowners recognize the need to keep the home in good condition, one way to maximize …

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Is Your Listing Being Avoided By Buyers? 

October 5, 2022 //  by Team Baker Leave a Comment

Over the past year, it may seem as though home listings have all been selling right away, but as interest rates rise and the market slows down, aging listing are going to become a bigger problem. Long listings that are on more days than an areas’s typical Days On Market (DOM) and create stereotypes that …

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Short-Term vs Long-Term Rentals

September 23, 2022 //  by Team Baker Leave a Comment

Over the past few years, there has been a lot of excitement about owning a short-term vacation rental as part of an investment portfolio. This marks a dramatic change from the traditional long-term rental model which so many investors have worked to establish over time. Most investment in single-family rental homes, apartment buildings, or hotel …

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Homebuyer Compromises

September 1, 2022 //  by Team Baker Leave a Comment

Many homebuyers are struggling to find affordable housing. This is true across our region in both urban markets and with lake homes. Unlike recent years when inventory was high, interest rates were low, and finding a great home was easier, now buyers are faced with either postponing homeownership or making compromises.  It may feel hard …

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Refinance home mortgage concept. Model of house on the table.

Thinking About Refinancing?

October 19, 2021 //  by Team Baker Leave a Comment

Turn on any radio station or watch TV in the evening and you’ll be bombarded with commercials offering incredibly low interest rates to refinance your home. These rates may sound enticing, and you may be wondering if it’s time to refinance your home loan. Mortgage rates are on the rise this fall after nearly a …

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Sky Lodge Properties MN, LLC
200 – 6th Street
Hawley, MN 56549
Phone: (701) 866-9393

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