Credit Score Seminar for Consumers & REALTORS

The Greater Lakes Association of REALTORS is hosting a “Credit Basics” class to be presented by Patty McLain on Thursday, June 30th at 6:00 pm at the Greater Lakes Association of REALTORS Office (in Baxter north of Menards and east of Edina Realty on Whispering Woods Lane).

The talk of the town is how our credit scores affect on large purchases. Learn what is in a credit report, what makes up your credit score, what is a good score, how to improve your credit score.

Everyone welcome to attend.
Thanks to Wells Fargo Home Mortgage for providing refreshments.

REALTORS Helping REALTORS

With the disasters happening all over the country, the Greater Lakes Association of REALTORS (GLAR) is asking its Members to donate to the REALTORS Helping REALTORS fund. GLAR will match it’s members donations up to $3000. 20% of the funds will go to Minnesota REALTORS and 80% will go to the Missouri REALTORS.
GLAR will accept donations from anyone. Help us help others in their time of need.

NAR Mid Year Meetings

Four members of the GLAR attended the NAR Mid Year Meeting last week in Washington DC. GLAR President Kevin Goedker, MLS President Sandy Arildsen, MLS President Elect Rob Birkeland and CEO Janie Weston.
The conference, business meetings and Hill visits gave members an opportunity to see how broad the housing market is and the issues facing REALTORS in this market. The mortgage interest deduction is a huge factor in keeping the housing market afloat and Congress is debating its demise. A panel of Housing Officials from CitiMortgage, Center for Responsible Lending, Fannie Mae, Wells Fargo, Bank of America Home Loans, National Urban League gave updates about the housing market from their point of view. The audience was able to ask questions of the panel about specific issues and how they are handling them; i.e. short sale processes.
Members visited Representative Chip Cravaack and with US Senator Al Franken in their Washington D.C. offices to discuss real estate issues. Topics included preserving home ownership tax benefits (mortgage interest deduction), the future of the secondary mortgage market (Fannie Mae and Freddie Mac), access to affordable mortgage products, affordable and available property insurance, and short sales.

Minnesota Commerce Department Requires New Education Modules

The Commerce Department has been given direction from the State Legislature to require real estate licensees to take a 3.75 hour continuing education module every year. This year the module is “Residential Leasing”. The requirement starts July 1, 2011. Watch for more information from your Local Association.

House Logic

http://www.houselogic.com/media/flash/HouseLogicWidget.swf

Proposed Changes in the Brainerd Lakes Area Could Jeopardize Lakeshore Dreams

FOR IMMEDIATE RELEASE

Contact: Kevin Goedker, President
Greater Lakes Association of REALTORS
(218) 839-9122 / kevin@goedker.com

Proposed Changes in the Brainerd Lakes Area Could Jeopardize Lakeshore Dreams
Proposed Ordinance in Crow Wing County may Cause a Statewide Ripple Effect

February 28, 2011- Many people around the Midwest have grown up visiting their family’s lake cabins and this Ordinance could have a significant impact on this tradition in the future, as well as being potentially detrimental to the livelihood of the Brainerd Lakes Area.

Proposed changes to Crow Wing County’s Land Use Ordinance threaten property values for homeowners and may have significant impact on the tourism and real estate industries in the Brainerd Lakes Area of Minnesota. Proponents of the ordinance also view the Ordinance as a model for other counties to follow statewide.

The ordinance proposes significant changes in approved size, location and materials for structures along lakeshores in Crow Wing County. Existing lots and buildings that do not meet the proposed ordinance regulations are in danger of stricter regulations in the future regarding property improvements and expansions.

The Greater Lakes Association of REALTORS® President Kevin Goedker says, “The proposed ordinance will have a significant impact on uses, lots and structures that were created and built legally under prior zoning ordinances.”

The proposed ordinance is also too restrictive in how it would regulate impervious surfaces. Under the current proposal the definition of an “impervious area” is “[a] constructed hard surface that prevents or retards entry of water into the soil and causes water to run off the surface in greater quantities and at an increased rate of flow than prior to development, including rooftops; decks; sidewalks; patios; parking lots; storage areas; concrete, asphalt, or gravel driveways; and other similar surfaces”.

Goedker says the county “should provide better scientific support for any change in the current regulations including an actual assessment of how impervious surfaces relate to the water quality of our lakes and streams.”

“Homeowners and businesses have made substantial investments in their properties,” Goedker says. “They should be able to invest in and improve those properties without having to present a variance application and satisfy highly stringent standards.” Under the proposed Ordinance, lots that were previously legally nonconforming will require a variance for limited structural expansions. It will also require that these variances be submitted and approved before April 1, 2013.

On February 22nd, 2011, after a well attended public hearing, the County’s Planning Commission voted to pass the Proposed Ordinance on to the County Board of Commissioners for a vote. Crow Wing County Commissioners will hold a final public hearing before voting on the Proposed Ordinance on March 8th, 2011 at 10AM. For more information on the Proposed Ordinance please visit the Crow Wing County website at http://www.co.crow-wing.mn.us/planning___zoning/index.html.

The Greater Lakes Association of REALTORS® is located in Baxter, Minnesota. The Association is made up of REALTORS® and Affiliates who service Aitkin, Cass, Crow Wing, Hubbard, Mille Lacs, Morrison, Todd Counties and Wadena Counties.
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Crow Wing County sets date to review zoning revisions | BrainerdDispatch.com | Brainerd, Minnesota

Crow Wing County sets date to review zoning revisions | BrainerdDispatch.com | Brainerd, Minnesota.

Property owners warned of scam | BrainerdDispatch.com | Brainerd, Minnesota

Property owners warned of scam | BrainerdDispatch.com | Brainerd, Minnesota.

Foreclosure Seminar Video

Lakeland News broadcast of the foreclosure seminar: Click Here!

Foreclosure Article

Check out the Brainerd Dispatch’s Article on yesterday’s foreclosure presentation at http://brainerddispatch.com/news/2011-01-27/foreclosures-dramatically-high.

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