Sheryl Petrashek is Selling Homes South of the RiverCall/Text (612) 889-6496
Welcome, we are glad you can join us. Consider this website your guide to Real Estate Information for the eight cities located South of the Minnesota River. The cities offer an Easy Commute of just 30 minutes to Downtown Minneapolis or St. Paul, Excellent Schools, a Wide Variety of Housing Options, plus Beautiful Parks, Trails, Lakes and Recreation! Our Real Estate Services focus on Apple Valley, Burnsville, Eagan, Farmington, Lakeville, Prior Lake, Rosemount and Savage, locally these fantastic cities are known as South of the River.
The dreaded “Low Appraisal” is being heard in Real Estate offices all around the South of the River Suburbs. Those two small words have a powerful, negative impact on the sale of your home. Recently, I represented a client in a transaction with a low appraisal. I’m happy to report we solved this crisis and are scheduled to close on their new home soon. The learning experience is one I’l like to share. When an [...]Read More >>
In Minnesota we have a Statute allowing a 10 day right to cancel a purchase agreement for any property in an Association. When you are buying a townhome in Lakeville, Eagan, Burnsville, Apple Valley, Rosemount or any other Minnesota City, you will have a document in your purchase agreement stipulating a 10 Day Right of Rescission after reviewing the Association Documents and Resale Disclosure. It’s an important escape clause for buyers, the documents should be carefully [...]Read More >>
Why is there such a significant difference in Townhome Associationi Fees between Complexes? Searching for townhomes in Lakeville and Farmington yesterday for a client, I sorted possible homes based on the Association Fees. Some complexes have high monthly association dues and some are much lower. It’s an important detail to watch when buying a Lakeville or Farmington Townhome because the monthly association fee is counted by Mortgage Companies when calculating the house payment you can afford. The [...]Read More >>
Homes are springing up all over Lakeville Minnesota! New Construction areas are humming with activity and there is a smile on the face of every tradesman I encounter! If you are searching for a new home in 2013 in Lakeville, Apple Valley, Farmington or Rosemount and finding the inventory level of homes for sale very low, it might be time to try New Construction. Lot prices hit rock bottom in the winter of 2011 and by early [...]Read More >>
Down payments, Earnest Money, Upfront Appraisal Fees, Homeowners Insurance, and the dreaded Closing Costs are all expenses faced by buyers when purchasing a home. How much money do you really need to buy a house? The days of Zero Downpayment Loans have been gone for a few years. There are still some programs left which offer down payment assistance but most programs still require a contribution from the buyer. Mortgage officers provide great knowledge of the [...]Read More >>
Don’t miss this Quality Built Walk-out Rambler at 7669 172nd Street in Lakeville! “During the summer time, we loved walking 3 blocks to the park with the children and to this day one of their fondest memories is walking through the tunnel to the park! Plus our neighborhood is filled with wonderful, friendly and helpful neighbors, that is something I will miss too.” The location is fantastic, offering quick and easy access to commute routes, desirable schools [...]Read More >>
New Construction Warranty in Minnesota is called a 1-2-10 Warranty. Minnesota State Statutes require this warranty as a minimum level of protection for consumers. Builders of a new home must provide a 1 year warranty on the entire home, 2 years warranty on systems and 10 years for the ‘major structural’. The actual language from the Minnesota State Statutes on New Home Warranty outlines the three phases like this: (a) during the one-year period from and after [...]Read More >>
Social Media is sweeping the world of marketing and business, including marketing homes for sale! If your home is currently for sale in Burnsville, Eagan or Savage, you may be wondering, “Should my Home have a Social Media Marketing Campaign?” Last weekend, I was explaining my opinion to a new client whose home we are listing in Lakeville next week. I outlined it this way, there are two groups of potential buyers out there, ‘Declared Buyers’ [...]Read More >>
Private Home Inspections are routinely requested in today’s Real Estate Transaction. Over the past 10 years the duration, scope and details of these inspections has increased substantially. The most common question in a Home Seller’s mind is, “What might the Buyers ask for after their inspection?” They may request anything, but there are a few common items. If you Prepare your home for the Inspection, it may prevent issues before they arise! It’s important to note [...]Read More >>
As a Real Estate Agent for Lakeville, I can tell you with certainty that Building a New Home has become very popular in our area! It’s amazing how quickly the New Construction neighborhoods have sprung to life in the past 6-9 months! There are neighborhoods which seemed to have gone from empty lots, to bustling homesites overnight. I wanted to bring you some specific information about New Construction in our South of the River Suburbs, [...]Read More >>
Tired of the Same Old Boring Real Estate Flyer? Let’s Explore some New and Creative Ways to Sell your Home in Apple Valley, Lakeville, Rosemount or Eagan! We’ll Discover Why these Creative Ideas can Better Sell your Townhome in Farmington or Burnsville too! Real Estate Marketing has changed in so many ways over the past 15 years. During the time I have been Listing and Selling Homes in the South of the River, I have seen [...]Read More >>
Searching for the perfect South of the River home consumes the attention of every buyer. The thrill of the hunt kicks in as we scour the computer for a hot new listing. Our senses are on red alert as we drive through a new neighborhood for the first time, scanning for swingsets, bikes and kids. We notice parks and commute routes, roofs and siding, backyards and decks like we have never seen them before. Then we [...]Read More >>
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