In Minnesota Chapter 7 Bankruptcy laws, a debtor has more rights to protect their property than under Minnesota Foreclosures procedure. Assuming a foreclosure already exists on the home, the first step to take is to consult a lawyer and obtain some advice. Talking to a lawyer will give you many options instead of just allowing the foreclosure to happen. It will give you the opportunity to sort out all your financial matters and decide what route you want to take. Read More >

The question is: when will speculators start playing in the market for Minnesota residential real estate. It is a question for which good arguments can be made on either side of the issue. There certainly are bargains available. That does not mean, however, that the market as it stands now is one in which can expect to quickly flip properties. Yes, it is true that there was a 12 percent decrease in the number of home foreclosures last year, but the market has been in decline since 2005 and it is too soon to say the bottom has been reached and it is up from here. Read More >