Frank Jermusek

Lawyer and Commercial Real Estate Professional

Frank Jermusek discovered his interest in law while in college at The University of St. Thomas in St. Paul. While studying Business at St. Thomas, Frank Jermusek was at the same time working for the Minnesota Investment Firm, Baker Investments. While his main work consisted of managing investments of the company, Frank began working on complex commercial transactions.

About Frank Jermusek

The Jermusek Law Firm, LLC

After studying law at William Mitchell, Frank Jermusek was hired immediately to work as an attorney at Leonard, Street and Deinard. In 2006, he founded his own law firm, The Jermusek Law Firm, LLC, which is based out of Minnesota.

The company is focused on providing sophisticated, creative, and practical solutions for clients dealing with real estate, business, and lending matters. Frank Jermusek has mainly focused his legal practice on business, real estate, lending, and golf/hospitality matters.

SVN | Northco

Working closely with his other Business, SVN | Northco, a real estate and investment firm also operating in the Minnesota area and Twin Cities, Frank Jermusek’s law firm will help individuals and companies across the greater Midwest handle legal work and strategies for real estate transactions, business transactions, and litigation for both.

In terms of real estate, Frank Jermusek’s firm will provide a practical solution to legal matters in purchase & sales, development & construction, debt & equity finance, leasing & property management, loan workouts & restructuring, commercial lending, 1031 Exchange, and, another speciality, Golf Course & Hospitality. In business, his firm will handle the legal work for business formation, contracts, mergers & acquisitions, and corporate finance.

In his work as a legal consultant and attorney at law, Frank Jermusek hopes to provide his clients with planning and preparation that will maximize the profit for their business or institution, and deliver the best possible results for that individual company or service.

Connect with Frank Jermusek

Online Tools to Estimate Your Home Value

Online Tools to Estimate Your Home Value

When it comes to selling, it’s important to determine how much money your home is worth. Fortunately, over the past years, a myriad of online resources have emerged to provide homeowners home estimates. Several different factors contribute to your home’s value, including market trends, neighborhood “comps,” or comparable homes, unique features of your home, and which data is included in the calculation. As a result, these online tools serve as just estimates and should be treated as such. They cannot guarantee a value, especially as they don’t take into account the negotiation skills of sellers and buyers or how recent updates have increased the value of a property.

In addition, online tools use data that’s available to the public. Data used is proprietary,  and what data is available also influences estimation accuracy. In this regard, estimates may be different depending on what data methods or tools are used.

With this in mind, estimates are helpful, serving as a baseline. Here are some online tools that can help you estimate your home’s value.

Zillow: With Zillow’s Zestimate, your house’s value is calculated from public and user-submitted data that analyzes location, market conditions, and special features. Zillow also features a Zestimate forecast, a prediction of the house’s Zestimate value one year later.

Redfin: Redfin allows you to estimate how much your home is worth through a free home report. This report shows listing information from the comps analyzed to arrive at your home value. In addition, Redfin also enables you to request a professional estimate with one of its agents.

realtor.com: With realtor.com’s tool, you can track your home’s evaluation, mortgage, and equity. For easy access, the information will display as a graph and show you your home’s progress over time.

Chase: Chase provides a home value estimator tool offers a database of millions of home records to calculate their best valuation. As a result of its database, it’s able to provide information on neighborhood trends and houses that have recently sold.

eppraisal.com: Using your home records, and information on recently sold properties, eppraisal.com’s home value estimator calculates your home’s market value. With the tool, you can receive instant home value estimates, as well as view current listings and recent sales in your area.   

Tips for Selling Your Home Quickly

Tips for Selling Your Home Quickly

Whether you’re selling your home in a buyers or seller’s market, the process of selling your home can be stressful. Showing your home requires you to keep it presentable, which may mean difficult daily upkeep, especially with children or pets. You might have even closed the deal on your new house, and if your current home sits on the market for too long, you risk paying two mortgages until the current one sells.

Regardless, selling your home fast is in your best interests. With the proper approach, you can ensure you’re preparing your home to sell as quickly as possible.

Set the right asking price. While sellers may be tempted to set a higher asking price in anticipation of negotiation, high asking prices that don’t match the value of the home may deter buyers and agents from putting in offers. As a result, houses are more likely to sit on the market for longer if they’re priced too high. If you’re looking to welcome negotiation and sell quickly, price your house appropriately from the start.

Spruce up your curb appeal. Just as the house itself proves important when it comes to selling, so does the land it sits on. A house’s curb appeal is among the first thing prospective buyers notice when they view a home and can draw buyers inside to seal the deal. Make that first impression a positive one by planting flowers, repainting chipped or faded doors or siding, or adding new sod.

Update the exterior and interior. Prospective buyers appreciate attention paid to the small details. Updating old fixtures, applying fresh coats of paint, and tending to landscape are affordable and relatively simple ways to further your home’s appeal.

Stage your home and declutter. Staging your home not only establishes a space and its functionality, but also enables prospective buyers to imagine themselves in the space. Make sure you’re appropriately utilizing spaces and furnish them accordingly. While your formal dining room may serve as storage for your elliptical, it should be staged with a table and set of chairs for showings.

It’s also important to only furnish spaces with necessary items. Not only will simple designs make a space look larger, they also depersonalize the space, enabling prospective buyers to envision their families in the house. In addition to removing unnecessary furniture, be sure to remove knickknacks and other objects that might make the space appear dirty or cluttered.  

List Online. With technology becoming more prominent in daily life, it’s beneficial to capitalize on major online portals and social media when listing your home. Portals such as Zillow, Realtor.com, and Trulia boast an expansive reach when it comes to prospective buyers. Social media can also serve to draw more prospective buyers in, proving to be just as effective selling homes as other listing services.

To optimize your online listing, ensure your listing has quality photos and enough shots for prospective buyers to decide they want to see your home in person.