Sheila M Mitchell, GRI Real Estate Professional Re/Max Advantage Plus

Sheila M Mitchell, GRI Real Estate Professional Re/Max Advantage Plus Call me no matter how big or small or just discuss 612-200-0504 or email [email protected] Paul, and the Southwest suburbs.

Sheila Mitchell, Graduate Realtor License, Sales Leader, Re/Max Advantage Plus, Recipient Minneapolis Area Association of Realtors Good Will Volunteer Award 2020. I have been in the Real Estate and Mortgage industry since 1994 and blended my real estate license with mortgages due to customer requests. Re/Max Advantage Plus and Eric Malmberg recruited me to be an agent with his brokerage. My specia

lty is upper bracket properties located around the city lakes, and specializing in Minnetonka, Wayzata, Orono, Minneapolis, St. If you are looking for a professional to guide you through all aspects of your mortgage and real estate transaction, personal message me on Facebook or visit my webpage www.advplus.com/sheila.mitchell . For immediate assistance please feel free to contact me at [email protected] or (612) 802-3978. Looking forward to speaking to you soon!

I’m here to be part of you solution to buying and selling in this market. Link to General Video:
04/11/2020

I’m here to be part of you solution to buying and selling in this market.

Link to General Video:

DYI wreath! Start with a round piece of foam. Put in 5 branches of evergreen and fill in with greens, berries, white hi...
12/12/2019

DYI wreath! Start with a round piece of foam. Put in 5 branches of evergreen and fill in with greens, berries, white highlights, etc... all found at JoAnne Fabrics. Don’t forget to attach a hook on the back first! .com.

This may be something to look for in your new home.
12/10/2019

This may be something to look for in your new home.

12/04/2019

Did you know...Until we have a representative agreement, you are a only a client. This means there is no fiduciary duty. No agency relationship. You as a customer are not represented. Why is this important? If you walk into an open house for example, express interest, and discuss price, then you have given away your power to negotiate in most cases. The other agent only has fiduciary to their client.

10/08/2019

The Advantage of a Smart Doorbell Camera

Homeowners and business owners who need to increase security around their homes and buildings should consider installing a smart doorbell camera. Smart doorbells use the latest technology to provide you with remote monitoring capabilities and live video.

Smart doorbell cameras offer an advantage because they combine the utility of a doorbell with the security of a camera for surveillance. You can get real-time video of what is going on at your front door and you can see who is there without having to open the door. You can even check who is there without having to get out of your chair.

A smart doorbell will also allow you to speak to the person standing at your front door without unlocking and opening the door. If there is a stranger right outside, the speaker allows you to determine why that person is there. The remote capabilities even allow you to speak to the visitor when you are not present. Thus, that person can leave without even knowing that the building was empty.

Additionally, smart doorbells take snapshots of your visitors. If you miss a visitor, you can go back and check the photos to see who came by and what time they were there.

Finally, you can use the video doorbell to keep track of your deliveries. This is a benefit for both homes and for small businesses. The doorbell can send you a notification when the delivery arrives or when the delivery driver leaves a package at the door.

A smart doorbell camera makes it easy to monitor any entranceway no matter where you are.

Source: Home Advisor

09/23/2019

This past week the Federal Reserve cut the Fed Funds Rate for the second time this year, lowering the rate to 2.00%. Remember that the Fed Funds Rate is a short-term, overnight rate that has little effect on home loan rates. Home loan rates respond to the trading activity in Mortgage Bonds, which are influenced by the economic outlook and inflation expectations.

Not all Fed members were on board with the .25% rate cut. A few preferred not to cut rates while another wanted a bigger .50% cut.

Along with the Fed rate cut, here are three important takeaways from Fed Chair Powell's press conference and the Monetary Policy Statement:
There is no recession in sight. One of the fears in recent months and cause for home loan rates to decline this summer was the fear of a recession. Powell debunked the recession myth, which is the reason why they suggested the possibility of no more rate cuts in 2019...the U.S. economy is doing fine.
The consumer is also alive and well. The main reason the U.S. economy won't slip into recession is because the U.S. consumer has never been more willing and able to spend money. Consumer spending makes up nearly two-thirds of U.S. economic growth (Gross Domestic Product), so a recession will not occur while the consumer remains confident.
Exports have slowed. This was a negative point from the Fed statement. There are a couple reasons – one being the uncertainty surrounding the U.S./China trade dispute. But there is another reason they have slowed, and it is because our exports are too expensive for other countries, because our U.S. dollar has strengthened against other global currencies. This is why the Fed will likely cut rates again, despite suggesting otherwise, to soften the U.S. dollar and make our exports cheaper to other countries.
After the Fed came and went, home loan rates actually ticked up slightly. Why? The U.S. economy is not slipping into a recession and the Fed will take measures, like cutting the overnight Fed Funds Rate, to prevent it from doing so. Think good news is bad news for home loan rates.

Bottom line: If you have a family member, friend, or client considering a refinance or home purchase, there may never be a better opportunity to lock in a home loan rate, while they hover near three-year lows.

Sheila 612-200-0504

09/20/2019

I'm sure you have noticed across the USA that labor and materials are up and continue to rise for building a new home.

What does that mean for you?

It means current home inventories on the market that are ready to move in are usually a much better value.

Rates are at a three year low, which means the market will continue to heat up.

Stick with me to get a quality home at a great price. I will negotiate and be with you every step of the transaction to a smooth closing.

There is an old phrase "We don't know what we don't know".

Let my experience be your guide to realizing the highest grown on your home sale, a smooth transition, and a new home you will love for many years to come!

Call or text now to be in your new home before the holidays!

612-200-0504

09/18/2019

When decorating your home:

1) Choose neutrals for the large spaces. Paint the trim.
2) Add lots of lights. Lamps, recessed, and directional. Make it happy!
3) To be unique - go antiquing
4) Build in areas to honor relatives. a box with grandmas waffle iron and a photo of her.
5) Stay true to your home's style. Some homes actually sell for less because of too different of styes throughout the home.
6) Make bright splashes of color go a long way! Give you home energy!
7) Odd numbers rule! Putting 3 or 5 of an item in you home for more impact!
8) Sometime less is more. Huge black and white family photos can look amazing.

09/13/2019

Wet basement information for Residential Property:

Amend your Disclosure: If your seller has provided a Seller’s Property Disclosure Statement, remember that both the seller and the licensee with knowledge of the flooded basement or moisture intrusion, will need to notify the buyer, in writing, of any amendments to their disclosure, as soon as reasonably possible.

Tip:
If buyer waived seller’s material fact disclosure obligations, then seller would not be obligated to update the buyer on any changes to material facts. However, there is no such waiver for licensees and licensees will be obligated to disclose material facts of which they are aware to the buyer.

Risk of Loss on Seller:

In the Minnesota REALTORS® residential Purchase Agreement (MN PA), the risk of loss
is on the seller. Any loss or damage to the property between time of purchase agreement and time of closing will be
the seller’s responsibility. Seller will be obligated to put the property in substantially the same condition it was in at the time
the parties entered into the purchase agreement.
Tip: Even if seller sold the property using the Minnesota REALTORS® As-Is Addendum, the Risk of Loss provision in the MN PA remains and seller will still be required to keep the property in substantially the same condition until closing.

Buyer’s Agents of Residential Property:

Walk-Through-Review: The MN PA allows a buyer to conduct a walk-through review of the property prior to closing to establish that
the property is in substantially the same condition as of the date of the purchase agreement.

Tip:
Make sure your buyer clients look for any signs of water intrusion BEFORE closing on the property.
Tip: If there has been water intrusion, ensure the seller has restored the property
to the same condition it
was in at time of purchase agreement BEFORE closing on the property.
Risk of Loss – When Can Buyer Cancel: The MN PA states that
if the property is “destroyed or substantially damaged” before the closing date, the buyer has the option to cancel the purchase agreement by providing written notice to the seller or licensee representing or assisting seller.

09/12/2019

When waiting trim or stair rails, go with contrasting colors it yo would like them to "pop". Otherwise, best to go with the same color as the walls if you would like them to "disappear". This years hot colors are granite, emerald and heather gray.

Address

Minnetonka, MN
55345

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Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 8am - 5pm
Saturday 9am - 5pm
Sunday 9am - 5pm

Telephone

+16122000504

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