News
November 20, 2007The current state of the housing market is often in the news these days. Instead of relying on the newspaper or TV to give you general information on the real estate market, the Minneapolis Area Association of Realtors provides monthly updates on over 100 communities in the Twin Cities metro area. You'll get specific information on your area, such the number of closed sales, average sale price, average number of days on the market, and year to date figures comparing this year to last year. Call or email us today at 952.405.2875 or info@synergyreteam.com and start getting your FREE monthly real estate market updates!
November 1, 2007Join us Saturday, November 17 for two of our most popular real estate seminars. "Tax Strategies for Investment Real Estate" will start at 9:00 am and just added - "How to Buy Short Sales and Pre-Foreclosures" at 10:30 with a tour of properties to follow at 12:00 noon. See below for additional details on both seminars, or click on"Seminar Descriptions" for more information and registration. You can also register by calling 952.405.2869.
October 22, 2007"Tax Strategies for Investment Real Estate" is one of Synergy Real Estate Team's most popular seminars. This FREE seminar will be offered again on Saturday, November 17 at 9:00 am and is instructed by Carroll Gatlin, CPA - Freeman Wehmhoff Gatlin, PLLC. Carrol is also a real estate investor herself. You'll receive timely tax advice as well as some unique strategies that will surprise some investors! This is a great seminar for real estate investors of all levels and you're sure to take away important tax tips to reduce your taxable income this year. See "Seminar Descriptions" for more information and registration, or call 952.405.2869.
September 24, 2007Join us on Saturday, October 20 at 9:00 am for our FREE "First Time Homebuyers" seminar. You'll get an overview of the steps you need to take to be ready to buy a new home, the Pros and Cons of buying, the hidden costs of home ownership, and the Do’s & Don’ts of the home buying process. The course material is provided by the National Association of Mortgage Brokers. All attendees will be able to receive a free copy of their credit report. The course is taught by Craig Anderson of Northwest Mortgage Company and member of the Minnesota Association of Mortgage Brokers. Call 952.405.2869 to register, or click on the interactive seminar calendar then click "Seminar Descriptions" for more information and registration.
September 19, 2007Synergy Real Estate Team is offering our FREE seminar "How to Buy Short Sales and Pre-Foreclosures" on Saturday, September 22 starting at 9:00 am with a tour of single family properties to follow. This seminar covers terms and definitions, the short sale/pre-foreclosure process, listing or selling a short sale/pre-foreclosure property, investment vs. owner-occupy, and equity builder vs. turn-key properties. Whether your interest is rehab or turn-key, rental or owner-occupy, our value proposition has always been to find real estate that provides a strong equity position going in, and many short sales and pre-foreclosures can be purchased at below market value. Call 952.405.2869 to register, or click on the interactive seminar calendar then click "Seminar Descriptions" for more information and registration.
August 24, 2007Do you want to invest in real estate but aren't sure where to start? Our comprehensive 3 hour seminar "From Baltic Avenue to Park Place - How to Become a Real Estate Investor" will be held on Saturday, September 15 at 9:00 am. This seminar covers everything you need to know to start buying investment properties and build your real estate investment portfolio. Click on the interactive seminar calendar then click "Seminar Descriptions" for more information and registration, or call 952.405.2869.
August 3, 2007Due to popular demand Synergy Real Estate Team will again offer our seminar "How to Buy Short Sales and Pre-Foreclosures" on Saturday, August 18 starting at 9:00 am. The seminar will be followed by a tour of multi-family properties. Whether your interest is rehab or turn-key, rental or owner-occupy, our value proposition has always been to find real estate that provides a strong equity position going in, and many short sales and pre-foreclosures can be purchased at below market value. Call 952.405.2869 to register, or email us at seminars@synergyreteam.com for more information.
June 5, 2007Join Synergy Real Estate Team on Saturday, June 9 from 10:00 am to 1:00 pm for a short sale/pre-foreclosure tour of seven select properties! The tour will begin in south Minneapolis (45th and Park) and will continue into Richfield and Bloomington, and end in west Bloomington. Property profiles and refreshments will be provided. Typically short sale/pre-foreclosure real estate can be purchased well below market value and in most cases below tax value. Call 952.405.2875 or email investing@synergyreteam.com for more information. There is no better time to be a real estate investor!
May 29, 2007Mark your calendars for 9:00 am on Saturday, June 16 for our next seminar "1031 Exchange and Tenants-in-Common (TIC)." Learn how you can defer taxes on the sale of your real estate investment properties, and about the benefits of Tenants-in Common property ownership - a form of real estate ownership in which two or more persons have an undivided, fractional interest in real property. Benefits include access to higher grade properties, relief of managment hassles, and diversification. Instructed by Heather Womack, TIC and 1031 Exchange Specialist. To register call 952.405.2869 or email seminars@synergyreteam.com.
May 16, 2007Due to a personal conflict with the lead presenter, the seminar "From Baltic Avenue to Park Place - How to Become a Real Estate Investor" scheduled for May 19 has been canceled. Seminars are offered the third Saturday of each month. If you would like to receive email notifications on our upcoming seminars please contact us at investing@synergyreteam.com and provide us with your email address.
May 7, 2007Our popular seminar "From Baltic Avenue to Park Place - How to Become a Real Estate Investor" is back on Saturday, May 19! This comprehensive seminar covers everything you need to know to start buying investment properties and build your real estate investment portfolio. For more information or to register call 952.405.2869 or click on the seminar calendar then "Seminar Descriptions." Seating is limited so register early!
April 11, 2007
Synergy Real Estate Team has a total of 11 homes available exclusively for investors in Otsego, Big Lake, Rogers, and Hanover! Prices range from $324,900 for a 3BR/2BA one-story home to $440,000 for the 4BR/3BA two-story. We are able to offer our clients discounts ranging from $58,482 to $79,200 off the retail price of these homes with no money down! Select models include a fireplace, ceramic tile, hardwood floors, granite kitchen counters, and in-ground sprinkler system. The unfinished lower level can also be finished for additional living space. Call now for more information! 952.405.2875 or investing@synergyreteam.com.
April 5, 2007Mark your calendar for Saturday, April 21 at 9:00 am! You won't want to miss our next seminar "New Construction Investment Strategies." This all new seminar gives you information on the benefits and features of investing in new construction including discounts and incentives, cash flow potentials, and pre-construction pricing. You'll also receive an overview of new construction developments offered exclusively to Synergy Real Estate Team clients. See "Seminar Descriptions" for more information and registration, or call 952.405.2869.
March 19, 2007The 2006 Residential Real Estate Activity Report is now available through Synergy Real Estate Team. This report, prepared by the Minneapolis Area Association of Realtors, provides valuable data on median home sales, historical averages, number of homes sold, and much more information on the Twin Cities residential housing market. For a FREE copy, call or email us at 952-405-2875 or info@synergyreteam.com.
March 6, 2007
Don't miss our next seminar "How to Buy Real Estate in your Retirement Plan" scheduled for Saturday, March 17 at 9:00 am. Todd Grill, investment advisor and President of Entrust Midwest LLC, will discuss diversifying your retirement portfolio with non-typical assets that can grow tax deferred and tax free. Seating is limited so register early!
January 25, 2007Do you want to invest in real estate but aren't sure where to start? Our next Seminar "From Baltic Avenue to Park Place - How to Become a Real Estate Investor" on Saturday, February 17, covers everything you need to know to start buying investment properties and build your real estate investment portfolio. See "Seminar Descriptions" for more information and registration, or call 952.405.2869.
January 16, 2007
Tax season is just around the corner - do you know the tax advantages of owning investment real estate? Attend our free seminar "Tax Strategies for Investment Real Estate" on Saturday, January 20, and receive timely and valuable advice from a tax accountant who also invests in real estate. See "Seminar Descriptions" for more information and registration, or call 952.405.2869.
December 8, 2006New construction urban townhomes in Blaine! Investor discounts up to $40,500 off retail prices ranging from $214,900-$270,000! 3BR or 2BR + loft, 3BA, private heated underground 2-car garages, estimated rents of $1295-$1595. Discounts include 10% discount/equity, 2% seller paid closing costs, 3% buyer's escrow reserve. See Feature Properties for more information and photos.
November 28, 2006
Three new pre-foreclosure (short sale) opportunities!! 27th Avenue S and 11th Avenue S in Minneapolis, and 12th Avenue in Anoka. Suggested offers to bank range from 5% to 24% below tax value, attractive cash flow opportunities, cash flow analysis available upon request. See Feature Properties for more information and photos.
November 13, 2006
New listing on Nebraska Avenue in St. Paul!! 4BR/2BA traditional 2-story on nice corner lot. Quiet street near walking trails, sunroom with French doors, main floor family room, attached 2-car garage! See Feature Properties for more information and photos, or contact Melissa Weed at 651.442.3426.
November 8, 2006
New listing on Winifred Street in St. Paul!! Excellent opportunity! 3BR/1BA with many updates including new furnace, new kitchen with stainless appliances, new vinyl flooring, new windows, much more! Available immediately!! See Feature Properties for more information and photo, or contact Patti Poisson at 612.804.8295.
October 31, 2006National Association of Realtors (NAR) encourages home ownership, with interest rates near 40-year lows and a higher than normal number of homes for sale. According to NAR, there has been an 88% increase in the national median price of homes bought 10 years ago. The demand for housing is expected to continue, with the number of U.S. households expected to increase 15 percent over the next decade. NAR quotes former Federal Reserve Chairman Alan Greenspan as saying, "Most of the negatives in housing are probably behind us. The fourth quarter should be reasonably good, certainly better than the third quarter." Real estate continues to be an excellent way to enhance your long term wealth!
October 27, 2006
Pre-foreclosure opportunity!! Sheridan Avenue N., Minneapolis. 3BR/1 BA, 2 story. Sold for $185,000 in 2005, tax value of $150,000. Suggested offer to bank of $100,000!! See Feature Properties for more information and photos.
October 25, 2006
Pre-foreclosure opportunity!! Gramercy Avenue N., Minneapolis. 3BR/2BA, 2 story. Tax value of $176,500!! Current offer to bank of $150,000 based on Broker Price Opinion of $160,000!! See Feature Properties for more information and photos.
Pre-foreclosure opportunity!! Oakland Avenue S., Minneapolis. 3BR/1BA, 2 story. Sold for $199,000 in early 2006. Tax value of $171,000 - suggested offer to bank of $170,000!! See Feature Properties for more information and photos.
October 18, 2006
Pre-foreclosure opportunity!! 82nd Avenue N., Brooklyn Park. 3BR/2BA, 3-level split. Sold for $181,000 in 2002. Tax value of $207,500 - current offer to bank of $176,000!! See Feature Properties for more information and photos.
Pre-foreclosure opportunity!! 12th Avenue S., Minneapolis. 2 story duplex, 2BR/1 BA each unit. Sold for $190,000 in 2004. Tax value of $210,000 - suggested offer to bank of $95,000 based on Broker Price Opinion of $105,000!! See Feature Properties for more information and photos.
October 16, 2006Pre-foreclosure opportunity!! 17th Avenue N., Minneapolis. 3BR/1BA, 1-1/2 story 3 blocks to Wirth Park. Sold for $110,000 in 2000. Tax value of $147,000 - current offer to bank of $105,000!! See Feature Properties for more information and photos.
Pre-foreclosure opportunity!! Hillside Trail, Cottage Grove. 4BR/4BA, 2 story. Sold for $399,000 in 2005. Tax value of $340,000!! Current offer to the bank of $290,000. See Feature Properties for more information and photos.
Pre-foreclosure opportunity!! Thomas Avenue, St. Paul. 2 story duplex, 3BR/2BA each unit. Tax value of $186,000 - current offer to bank of $150,000!! See Feature Properties for more information and photos.
Pre-foreclosure opportunity!! Dwayne Street, So. St. Paul. 2 story triplex, total of 5BR/3BA, all three units currently rented. Tax value of $265,700 - suggested offer to bank of $190,000!! See Feature Properties for more information and photos.
Pre-foreclosure opportunity!! Burgess Street, St. Paul. 2 story duplex, total of 3BR/2BA. Sold for $79,000 in 1999, tax value of $143,000! Current offer to bank of $68,500 based on Broker Price Opinion of $70,000!! See Feature Properties for more information and photos.
October 14, 2006Pre-foreclosure opportunity!! Clinton Avenue, Richfield. 4BR/2BA 1-1/2 story. Sold for $234,500 in 2004, tax value of $223,000, Comps in the neighborhood support $230,000 - suggested offer to bank of $198,000!! See Feature Properties for more information and photos.
October 11, 2006New construction in Red Wing! Limited number of homes available for investors, excellent builder incentives including no money down, 3 exit strategies, seller paid closing costs. See our Featured Property for more information and photos.
October 4, 2006
Pre-foreclosure opportunity!! 20th Avenue N, Plymouth. 4BR/2BA, 4 level split, sold for $310,000 in 2003, tax value of $259,800. Comps in neighborhood support $280,000 - suggested offer to bank of $240,000!! See Feature Properties for more information and photos.
October 4, 2006
Pre-foreclosure opportunity!! Vista Court, Hastings. 4BR/3BA, 2 story. Sold for $171,000 in 1991, tax value of $247,300. Comps support $270,000 - suggested offer to bank of $210,200!! See Feature Properties for more information and photos.
September 14, 2006
MW Johnson Town homes available in Red Wing! Available at a minimum 15% discount through Synergy with 30 day closing! Call for more information!
September 13, 2006
Foreclosure in Otsego! Incredible opportunity in Otsego - Over 25% equity position – great opportunity to rehab or buy and hold! Contact Chris for more information at 612.229.9322.
September 11, 2006
New Listing in Blaine! Beautiful 3 bedroom two story home in "The Lakes" neighborhood. Go to our featured properties for a full description and pictures.
September 10, 2006
Keep tabs on our inventory sheet! Over 100 units soon to come throughout the twin cities area!
September 8, 2006
CLOSED OUT!! ELK RIVER TOWNHOMES! Synergy just sold the last investor unit in our Elk River development! Look for more opportunity in Buffalo soon!
September 2, 2006
New Listing on North Street! Great four-plex in high rental demand area! Go to our featured properties for a full description and pictures!
August 31, 2006
SOLD - A single family home in St. Louis Park at a huge discount below market value!