Demographics: The top reason to invest in real estate in Claremont

Claremont, located in Dodge County, Minnesota, is a small town meant for families and people who love the peace and quiet. It’s not as busy as say, Minneapolis, but it’s a cozy place that people can call home, and be proud about.

Less than 600 people are living in Claremont, which is home to a little over 230 households and close to 160 families. It’s not as crowded as metropolitan cities with under 540 people per square mile. It’s also a pretty welcoming neighborhood with people of Native American and Hispanics and Latinos sharing the space with white Americans.


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Around 40 percent of the households have children below 18 years old, while over half of the houses had married couples occupying them. A little over 32 percent of the homes have residents who were not family members, which again shows that the town is indeed welcoming. It is also a friendly community to the elderly, as one in every 10 households has a senior citizen living in it.


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As mentioned, Claremont is a great place to invest in real estate, especially for those who want to start a family or settle down. About 30 percent of the population are children under the age of 18.

Steve Liefschultz helps people in Claremont and surrounding areas in Minnesota invest in real estate. For more investment tips, follow this Twitter feed.


Every Homebuyer Should Know These Hidden Costs Of Ownership

There are hidden costs of home ownership. Those who are applying for any form of real estate loan should understand these before submitting their application. Listed below is a summary of factors that should be taken into consideration.

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Property taxes: Technically speaking, all homes and mortgages display their true cost. However, taxes are not usually included in these purchases. Potential homeowners create budgets that only allocate a certain portion of rent or ownership. They are often shocked when asked to pay for property tax. Homeowners are advised to find out their tax in advance. This can be easily found through a real estate property listing. Once the amount is discovered, it can be divided by 12 and added to one’s monthly budget.

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Insurance: Home insurance is a wise decision. Most states require homeowners to lease out insurance to protect them. However, this also means an additional cost. There are several factors also to note. Older homes typically have a higher premium because of older electrical and heating technologies that are considered to be more hazardous than newer homes. Homes that are also within a disaster-risk zone (for example, those in an earthquake, volcano, or flood zone) usually have to pay extra.

Appearance and maintenance: It is natural for homeowners to want to keep their homes in pristine condition. Nevertheless, an added patio or new flooring costs money. These may initially seem like small expenses, but these do add up. Homeowners should allocate a certain budget for decorations and maintenance in order to keep themselves from overspending.

These simple considerations can potentially save homeowners a lot of stress and hassle once they purchase their new home. It is also a good idea to speak with one’s financial and credit expert for more information.

Steve Liefschultz of Equity Bank helps people with their many real estate loan concerns. The bank has several branches now, and is particularly proud of their Minneapolis branch. To learn more, view this LinkedIn profile.

Why People Should Invest In Real Estate In Minnesota

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Minnesota is a great state to live in. There are over 10,000 lakes and a lot of nature trails in and around hills and mountains. It is a paradise for nature lovers and adventurers alike, and it is host to a number of places which rank high in overall standard of living in the United States. Here are two very important reasons people should invest in real estate in Minnesota:

The cities and towns are amazing.

Cities such as Chanhassen and Rosemount offer pleasant and cozy lifestyles. With affordable housing and top-ranked education, people looking to invest have lots of choices for neighborhoods within these two cities. Greenwood, which is a small town on a lake, is probably the best small town in the state. Low crime rates and good schools have been winning over investors. Then there’s Northfield, which is a quiet town perfect for retirees, with two colleges and great local businesses that enrich the community experience.

There are lots of things to do and places to visit.

The city of Duluth has what is known as the Ultimate Duluth Experience Tour Company, which takes visitors on a historical and nature adventure. Tourists can visit breweries, and go on kayaks or bikes on several nature trails. That’s just one of the many things everyone can do in Minnesota. There are countless orchards and gardens to visit, and endless parks and trails to explore.

Steve Liefschultz helps people in Minnesota manage their finances, and assists them in investing in real estate. For more on Minnesota, subscribe to this Twitter page.