In most situations, Minnesota has a 6 month redemption period between the sheriffs sale and the final foreclosure date.  When considering a short sale, it is important to contact us as early as possible.  A typical short sales takes at least 90 days, and while a lender may postpone a sheriffs sale, they rarely will [...]

Most lenders will require the buyer and seller to sign an Arms Length Transaction agreement before they will approve a short sale.  They typically will not allow a purchase between family members in a short sale.  Watch this short video for more information: Myra Jensen is licensed in the state of MN and is a [...]

You may have heard the term “Upside Down” when it comes to home ownership or mortgage.  This short video explains what it means to be Upside Down.   Myra Jensen is licensed in MN and is a Certified Distressed Property Expert (CDPE).  Contact Us for a free consultation

What is a deficiency judgement?  The ability to remove a deficiency is often dependent on if it is a first mortgage or second mortgage, and your financial situation.  The Jensen team works with an attorney to negotiate your short sale with the bank so that you will receive legal advice on what this means to [...]