A Week in Maui?
Incentives in Minneapolis
by Sheree R. Curry
From The Wall Street Journal Online
November 09, 2007
Given the number of U.S. homes for sale rose 17.7% year over year, listing agents hope incentives will help move inventory. Here are three homes with incentives in the Minneapolis area, where existing-home inventory is up 16.4%.
PLACE/PRICE: Minnetonka / $329,900
TAXES*: $3,347
THE PROPERTY: 3 bedrooms, 3 baths, 2,406 square feet
DESCRIPTION: This 1956 split-level has two fireplaces, a walk-out basement, and an updated kitchen with recessed lighting and a breakfast bar. The deck can be accessed from a three season porch and the master suite.
NOTABLE: Upon closing, the buyers will receive a 7-day use of the seller's Kaanapali Beach Club timeshare in Maui. It's a $3,500 value. Trip dates are based on availability and buyers provide their own airfare to and from Hawaii.
PLACE/PRICE: Maple Grove / $400,000
TAXES*: $4,032
THE PROPERTY: 4 bedrooms, 4 baths, 3,308 square feet
DESCRIPTION: This 1990 two-story home with a three-car garage has a backyard that slopes down to a pond. The family room has a gas fireplace and built-in bookcases. The lower level has an office and a fireplace.
NOTABLE: A buyer who writes an acceptable purchase agreement with a closing date on or before Nov. 30, 2007 will receive a free eight-day Caribbean cruise for two leaving Jan. 26 from Ft. Lauderdale, Fla.
PLACE/PRICE: Maple Grove / $419,900
TAXES*: $4,566
THE PROPERTY: 4 bedrooms, 3 ½ baths, 3,458 square feet
DESCRIPTION: This 1995 two-story home has a three-car garage, a two-story foyer and a finished basement with a craft room. The deck has a double staircase and the kitchen opens to a family room with a brick fireplace.
NOTABLE: Anyone who buys this home with no home-sale contingencies and lists their existing property with this real estate agency, the agency guarantees to sell or purchase the buyer's existing property within 120 days.
*Property taxes are from current county tax assessor data.
Sources: ziprealty.com, mplsrealtor.com, counselor-realty.com, fredschramm.edinarealty.com, monsonlarson.com
Email your comments to rjeditor@dowjones.com.