4979 207th Street N, Forest Lake, Minnesota

4979 207th Street N, Forest Lake, Minnesota

For Sale

$ Click for current price
3 BEDROOMS | 2 (1 full, 1 half ) BATHROOMS | 1523 SQUARE FEET

Lovingly maintained end unit with open floor plan and high ceilings, 3 BRs on same level, kitchen with center island, beautifully landscaped yard, all in a centrally located neighborhood full of amenities (e.g. parks, trails, and more).

 

Buying a Home Together with a Cohabitation Agreement

So you are thinking of buying a home together, Cohabitation.  Everybody believes it will be sweet bliss after they move in together.  However, is that reality and what are the “what ifs” in Cohabitation?

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While being married affords certain well defined legal avenues for the “what ifs” cohabitation does not.  Basically in Minnesota when a couple is married the home in question whether purchased before marriage or while married is by MN law a 50/50 ownership.  There are legal docs or actions that can alter that, for example. prenuptial agreement.  Far and away the most common situation for a married couple is 50/50.

However, with cohabitation there really is not a well defined path on splitting the property.  This is where a Cohabitation Agreement comes in.

I know, this can’t happen to you and your partner right?  You trust each other and there are no foreseeable problems.  Let me ask this, how many couples do you know that cohabited either broke up or never married?  Doesn’t have to be a break up, it could be the death of a partner.

The problems become who owns what?  How much are they entitled to?  Do the children of one of the partners have an ownership interest?  What portion of the unpaid bills is paid by whom?  These are just few of the questions.  Again, a Cohabitation Agreement drawn up can significantly reduce the issues if there is a “what if”.

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In a recent class we were told about a lawsuit for a cohabitation couple.  They bought a home together with one of them doing the financing only, the other putting down 60% of the down payment.  One had money and the other had the credit.  They split the bills and paid them from a joint account that both would put their paychecks into.  They ended up in a huge nasty break up with both sides wanting money.  Who gets what?  Who is the owner?  Is there ownership in the home because of paying bills to keep the home maintained and liquid?  This became a two year litigation that was settled out of court and according the attorney sharing this story the attorneys made the most money.

One trend has been retirees moving in together to save on taxes and share the cost of one home instead of two.  When one of them passes this is where heirs come in and want an ownership position for their parent’s cohabitation home.  Do they deserve one?  How much?  Does the living partner have to sell to pay off the heirs?  People moving in together need to figure this out on paper before buying a home.   A Cohabitation Agreement is what should be looked at to protect both parties.

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Ask your real estate agent for a referral to a good attorney who can draw up your Cohabitation Agreement.  The attorney may recommend a Prenuptial Agreement instead depending on the situation.  Either way seek professional help.

If you need help please contact us at www.Lindholm-Group.com.

4979 207th Street N, Forest Lake, MN

4979 207th Street N, Forest Lake, MN

For Sale

$ Click for current price
3 BEDROOMS | 2 (1 full, 1 half ) BATHROOMS | 1523 SQUARE FEET

Lovingly maintained end unit with open floor plan and high ceilings, 3 BRs on same level, kitchen with center island, beautifully landscaped yard, all in a centrally located neighborhood full of amenities (e.g. parks, trails, and more).

 

3737 Keene Creek Lane, Hermantown, MN

3737 Keene Creek Lane, Hermantown, MN

For Sale

$ Click for current price
3 BEDROOMS | 3 (2 full, 1 half ) BATHROOMS | 2576 SQUARE FEET

Wonderful town home in exclusive area! Highly sought after one-level living with fully finished lower with walk-out. Open concept with master bedroom suite and den/4th bedroom on the main. Home is wonderful for entertaining with a screened deck off eating area and kitchen (gorgeous views). Patio outside sliding door in lower level. Two fireplaces to make winter evenings nice and cozy while reading. Convenient to shopping, restaurants, biking, skiing, etc.

 

4979 207th Street N, Forest Lake, MN – Just Listed

4979 207th Street N, Forest Lake, MN

open house

$ Click for current price
3 BEDROOMS | 2 (1 full, 1 half ) BATHROOMS | 1523 SQUARE FEET

Lovingly maintained end unit with open floor plan and high ceilings, 3 BRs on same level, kitchen with center island, beautifully landscaped yard, all in a centrally located neighborhood full of amenities (e.g. parks, trails, and more).

 

4979 207th Street N, Forest Lake, Minnesota – Just Listed

4979 207th Street N, Forest Lake, Minnesota

Just Listed

$ Click for current price
3 BEDROOMS | 2 (1 full, 1 half ) BATHROOMS | 1523 SQUARE FEET

Lovingly maintained end unit with open floor plan and high ceilings, 3 BRs on same level, kitchen with center island, beautifully landscaped yard, all in a centrally located neighborhood full of amenities (e.g. parks, trails, and more).

 

13155 Sylvan Avenue, Lindstrom, MN

13155 Sylvan Avenue, Lindstrom, MN

For Sale

$ Click for current price
2 BEDROOMS | 1 (1 full ) BATHROOMS | 1062 SQUARE FEET

Comfortable home on a quiet street! Large private yard with oversized 2 stall garage. 2 bedrooms, living room and large dining area. Very convenient location! Walking distance to quaint downtown Lindstrom and DQ.

 

13155 Sylvan Avenue, Lindstrom, MN – Just Listed

13155 Sylvan Avenue, Lindstrom, MN

Just Listed

$ Click for current price
2 BEDROOMS | 1 (1 full ) BATHROOMS | 1062 SQUARE FEET

Comfortable home on a quiet street! Large private yard with oversized 2 stall garage. 2 bedrooms, living room and large dining area. Very convenient location! Walking distance to quaint downtown Lindstrom and DQ.

 

Gilligan’s Island Then and Now!

Gilligan’s Island was a beloved television show of the 1960’s.  Many, from Gen Z through The Greatest Generation, still watch this humorous show today on DVD or MeTV or on other channels that feature the oldies.

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Did  you know that the pilot show finished filming in Hawaii in 1963.  In the background as the Minnow sails out of port in the opening credits you can see a flag at half mast. The flag was at half mast for the assassination of JFK.  This scene was left in for the entire first season.

Speaking of first season, 1964, it was filmed in black and white.  The Sherwood Scwartz hit production was then filmed in color starting in the second season.

Jerry Van Dyke turned down the role of Gilligan.  Might have been a mistake for Jerry but was a huge success for Bob Denver.  Bob is also known for playing in the TV series Dobie Gillis.

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Archie Bunker was looked at for the role of the Skipper and Raquel Welch as Ginger.  Tina Louise was a perfect Ginger Grant and Alan Hale, Jr. is the only Skipper for me.  Alan Hale, Jr. also played a blacksmith in the Clint Eastwood movie Hang ‘Em High. He also played a chef named Gilligan on “Batman.”

The news announcer voice the castaways always tuned into on their radio was that of Charles Maxwell.  He was a character actor who appeared on Bonanza, Gunsmoke, Lawman, Rawhide and The Rifleman.  He never received credit for his role on Gilligan’s Island which turned out to be his longest recurring role.

Jaws, Richard Kiel, the famous bad guy in two James Bond movies and Mr. Larson in “Happy Gilmore”, played a Russian bad guy in one episode with the castaways.  That is a very young Kurt Russell playing the Jungle Boy in another episode.

The “The Ballad of Gilligan’s Isle” was sung by the Wellingtons.  They were the singing group that appeared on the show as the Mosquitoes. They also sang “The Ballad of Davy Crockett” another 1960’s success.

Denver, Colorado is named after Bob Denver’s Great-Great-Grandfather.

Where is the island? About 250 SE of Hawaii.

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Gilligan’s Island had 99 episodes.

Tina Louise and Dawn Wells are the only two from the cast that are still with us.

For more fun facts click on Gilligan’s Island.

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8306 Vincent Avenue S, Bloomington, MN

8306 Vincent Avenue S, Bloomington, MN

For Sale

$ Click for current price
3 BEDROOMS | 2 (2 full ) BATHROOMS | 2386 SQUARE FEET

Cultured home in a lovely executive area! 3 bedrooms with an office/ possible 4th. Huge private lot with a professionally manicured yard and shade trees. Slider off huge family room to deck makes the perfect home for entertaining.