June RE Guide 2014

This photo is for illustration only.This is not an actual listing.

Owatonna Area

June 2014

GUIDEGUIDEREAL ESTATE

Owatonna.com

111

SHOULD YOU

BUY or RENT? The Choice is Yours.

It takes more than looking at your monthly mortgage or rent payment to answer this question, as the �nancial considerations of buying a home are only part of the equation. There are pros and cons to each option:

Advantages Considerations

Buy

Ownership builds equity Responsible for maintenance and property taxes

Sense of pride, community, stability and security

Possible loss of equity

Free to change decor and landscaping Less flexibility should you want to move

Not dependent on landlord to maintain property

Tax deductible mortgage interest and property taxes

Rent

Little or no responsibility for maintenance No tax benefits

Can move easily No equity is built up

Can invest money elsewhere No control over rent increases

No upkeep fees Little freedom to change decor

Possibility of eviction

Only you can decide what trumps what. However, if there was ever a time for renters or �rst-time buyers to consider home ownership, now is most certainly the time. Low interest rates, affordable home prices, a wide selection of available homes and loan programs for �rst-time homeowners all favor today’s buyer.

If you would like to buy, not rent, I can show you how.

Call Me Today!

Wintrust Mortgage is a division of Barrington Bank & Trust, N.A., a Wintrust Community Bank. Wintrust NMLS# 449042 – Copyright © 2011 Wintrust Mortgage

Program rates, terms, and conditions are subject to change at any time. All approvals are subject to underwriting guidelines.

FTB-002

Scan this QR Code for contact info and links.

(Requires Smart phone QR Reader)

Mark Meier Mortgage Consultant NMLS# 533156 124 N. Cedar Ave. Owatonna, MN 55060 O�ce: 507.390.5626 Cell: 507.363.0030 eFax: 855.727.2909 [email protected] www.WintrustMortgage.com

Page 2 Real Estate Guide June 2014

June 2014 Real Estate Guide Page 3

EQUAL HOUSINGOPPORTUNITY

EQUAL HOUSING OPPORTUNITY

All real estate advertising in this publication is subject to the Fair Housing Act which makes it illegal to advertise “any preference limitation or discrimination based on race, color, religion, sex, handicap, family status, or national origin, or any intention to make such preferences, limitation or discrimination.” Familial status includes children under the age of 18 living with parents or legal custodians; pregnant women and people securing custody of children under 18. This publication will not knowingly accept any advertising for real estate which is in violation of the law. Our readers are hereby informed that all dwellings advertised in this newspaper are available on equal opportunity basis. To complain of discrimination call HUD toll-free at 1-800-669-9777. The toll-free phone number for the hearing impaired is 1-800-927-9275.

All advertising contained herein is the responsibility of the advertisers.

The Owatonna Area Real Estate Guide retains the publication rights to all contents produced or supplied by the Owatonna

Area Real Estate Guide. Use of material without written consent of Real Estate Guide is prohibited. All Rights Reserved © 2014

The Owatonna Area Real Estate Guide is a monthly publication distributed in the Owatonna People’s Press and at select area locations in Owatonna. It is endorsed by the Owatonna Multiple Listing members.

A special project ofThe Owatonna People’s Press

135 W. Pearl St., Owatonna, MN507-451-2840 • Fax 507-444-2382

Publisher RON ENSLEY

Advertising Director DEBBIE ENSLEYemail: [email protected]

Media Consultants

AARON LOUKS, BETTY FROST, DAVID WEEKS

Advertising DesignNIKKIE GILMORE, NAOMI KISSLING,

KEELEY KREBSBACH, JENINE KUBISTA, KELLY KUBISTA, PAUL RISTAU

Owatonna Area

GUIDEGUIDEREAL ESTATEINDEX

WinTrust Mortgage ................................ 2

ERA Gillespie Real Estate .................... 7, 8

Pro� nium Mortgage ............................... 5

Wells Fargo ............................................. 4

Owatonna.com

Get a strong team to pull for youWe are proud to be part of the community and invite you to call or stop by to discover how we can assist you with your mortgage needs. Whether you are interested in new purchase, refinance, or home equity financing, Wells Fargo Home Mortgage can assist with finding a program that fits your unique goals.

Call or visit your local team today.

Wells Fargo Home Mortgage is a division of Wells Fargo Bank, N.A. © 2013 Wells Fargo Bank, N.A. All rights reserved. NMLSR ID 399801. AS992867 Expires 10/2013

Jannell TufteHome Mortgage ConsultantOffice: 507-455-7516 Cell: 507-456-5946101 North Cedar AvenueOwatonna, MN 55060 [email protected] ID 402028

Matthew G LeTourneauHome Mortgage ConsultantOffice: 507-444-2260Cell: 507-339-2193101 N Cedar AvenueOwatonna, MN [email protected] ID 404642






Expires 07/2014






Jannell TufteHome Mortgage ConsultantOf�ce: 507-455-7516Cell: 507-456-5946101 N Cedar AvenueOwatonna, MN [email protected] ID 402028

Kelly RatzloffHome Mortgage ConsultantOf�ce: 507-455-6784Cell: 507-390-43021400 South Oak Ave.Owatonna, MN [email protected] ID 1102316


Matt

See us for anamazing experience with your

NMLS# 1033034 NMLS# 402979

Jenny

HOME LOAN!

Owatonna 328 N Cedar 507.444.0101Mankato 507.389.8900 | Fairmont 507.235.5538 | Truman 507.776.2311

www.profinium.com | NMLS 402979Member FDIC

See Jenny or Matt for details for fast and local service on yourhome loan. We’ll look out for your best interest!


THE BENEFITS OF PROPER PRICING

When you determine your home’s price, bewareof the pitfalls of overpricing. Logically, youwould think thatthe higher theprice of yourhouse the moremoney you willreceive for it,but there is afine linebetween supplyand demand. Potential buyers who see yourhome’s listing price may bypass even looking atit without considering making a lower offer.

Concurrently, buyers who are looking only in aspecific price range that is less than the cost ofyour house will never have the opportunity toview your home, leaving you with less

marketability. On the flip side, those who couldafford to purchase your home will inevitabley bedrawn to better values that are offered elsewhere.

The perils of overpricing can be negated by thebenefits of proper pricing. Below are just a few ofthe many benefits that can be reaped with properpricing:

• Higher offers accompany a fair market value.

• Real estate agents will be more likely to showyour home enthusiastically if he/she believes it is agood market value. A reasonably-priced home willgenerate competing offers among potential buyers.

• A well-priced home will attract more qualifiedbuyers, ensuring that its marketability remains.


Our Team of Professionals

Nancy SlettenBroker Associate

GRI, SRES

Matt GillardRealtor

GRI

Erin GillespieBroker Associate

GRI, ERS

Mark WoodrichRealtor

Connie KnutsonBroker AssociateCRS, GRI, ERS

ABR

Barry GillespieCRB, CRS,

ePRO

Sid SchroederRealtor

GRI, ERS

Lud Gillespie1925-2011

Melinda DavidRealtor

Justin OhnstadRealtor

Stacy WilsonRealtor

Stephanie WoodrichRealtor


RANCH STYLE HOME ON 3 ACRES!

• 3 main fl oor bedrooms• Large, sunny living room• Wooded acreage, large deck• Newer roof• Large oversized double garageContact Connie KnutsonMLS #4053387

LOVELY COUNTRY SETTING VERY CLOSE TO TOWN!

• 3 wooded acres• 3 bedrooms, 2 baths• 3 season porch & deck• Walk-out lower level with family room• Oversized 2 car garage• 54x30 pole shed with mezzanineContact Connie KnutsonMLS #4052893

VISUAL TOUR #3053139VISUAL TOUR #3078955

$136,900$221,900

NICE RAMBLER, MOVE-IN READY!

• Large yard and deck• Appliances included• Single stall garage• Paved driveway, vinyl sidingOWNER/AGENTContact Connie KnutsonMLS #4045698

VISUAL TOUR #3067413

$89,900

NICE & AFFORDABLE! ENJOY LIFE IN SMALL TOWN!

• Three bedroom, 2 bath, 1-1/2 story in Ellendale• Double detached garage• Newer roof, steel siding• Fenced yard, 3 season porchContact Connie KnutsonMLS #4044294


$79,900NEW LISTING!

Save Money...Save Time...Simplify Your Life

122 N. Cedar, Owatonna451-7488 • 800-658-7056

www.ERAHOME.com


If your home isn’t listed with a Realtor,

it might as well be You have a home for sale but no one is seeing it. Maybe because it isn’t listed with a professional Realtor. Realtors make it easy for you to buy or sell your home. They have access to a pool of serious home buying prospects... and a Multiple Listing

Service that can offer buyers the affordable home of their choice. They do the legwork, the paperwork, and the hard work to help you sell your home quickly.

Look for the Realtor logo to find the commitment and full services of a real estate professional.REALTOR

®

QUALITY BUILT 5 BEDROOM, 3 BATH RANCH!

PRISTINE CONDITION - LOADED WITH UPGRADES!

AWESOME BACKYARD!MLS #4053474

TASTEFULLY UPDATED! FIREPLACE, 3 BEDROOMS,

2 BATHS, FINISHED LOWER LEVEL, PRIVATE

BACKYARD!MLS #4051984

CHARMING HOME WITH LOTS OF POTENTIAL! 2

BEDROOMS, ONE BATH, 2 CAR GARAGE!MLS #4052097

ONE OF A KIND RANCH! QUALITY BUILT 3 BEDROOMS,

3.5 BATHS DESIGNED FOR CONVENIENCE! FINISHED

BASEMENT WITH WET BAR!MLS #4051711

BIGGER THAN IT LOOKS! 3 BEDROOMS, 2 BATHS, FENCED YARD & 2 CAR GARAGE! NEWER VINYL SIDING & WINDOWS!

MLS #4049617

AFFORDABLE! UPDATED! 3 BEDROOMS, 1.5 BATHS WITH NEW FLOORING,

NEWER FURNACE, WINDOWS, ROOF &

SIDING! 2 CAR GARAGE!MLS #4049220

AFFORDABLE! 2 BEDROOMS, 1 BATH, 2 CAR GARAGE

WITH BIG BACKYARD, VINYL SIDING, CONVENIENT

LOCATION!MLS #4052698

WOODED LOT! 4 BEDROOMS, 3.5 BATHS & 3 CAR GARAGE!

MASTER SUITE & MAIN FLOOR FIREPLACE! NEWKITCHEN APPLIANCES!

MLS #4052654

RANCH STYLE HOME LOADED WITH

IMPROVEMENTS! UPDATED KITCHEN, NEW FURNACE

& AC, FENCED YARD!MLS #4051175

SE RANCH, 4 BEDROOMS, 3 BATHS, PATIO WITH

HOT TUB, FAMILY ROOM WITH WET BAR, FINISHED

HEATED GARAGE!MLS #4052708

TOWNHOME ON THE GOLF COURSE WITH FANTASTIC

VIEWS! TIP TOP SHAPE WITH 3 BEDROOMS

& 2.5 BATHS!MLS #4053481

WELL MAINTAINED & PRESERVED CHARACTER

HOME! ORIGINAL HARDWOOD FLOORS,

NEW ROOF, AC & HEAT!MLS #4052940

10 ACRES ON PAVED ROAD, REMODELED IN 1989, NEW BASEMENT,

WINDOWS, ELECTRICAL & MORE!

MLS #4053427



Broker AssociateRealtor, GRI, SRES

Nancy SlettenCell: [email protected] N. Cedar • Owatonna507.451.7488 • 800.658.7056www.erahome.com

Save Money… Save Time… Simplify Your Life


$123,000

$169,000

$60,500

$220,000 $79,000

$279,900 $73,499

$164,900$195,000 $114,500 $160,000




VISUAL TOUR #3331401 VISUAL TOUR #3331394 VISUAL TOUR #3312990 VISUAL TOUR #3124999



Satisfi ed Clients Brian & Jessica Phelps Said:“As fi rst time home buyers, we had no idea what to

expect. Nancy made it easy for us by walking through each step. She was well informed and always helpful.”

Brian and Jessica Phelps

NEWLISTING

NEWLISTING

NEWLISTING

NEWLISTING

$129,900

$229,500


Documents

June RE Guide 2014