Archive for January, 2009
FHA Loans for First Time Buyers
I recently wrote an article about what an FHA Loan is. I’ve seen a lot of New Buyers in the market use these loans because of their advantages when compared to a Conventional Loan.
Alec Grebis of Cornerstone Mortgage wrote a nice post outlining some of these benefits for First Time Home Buyers. Head over to [...]
Reality TV is Fake!
Ever watch those House Flipping shows on TLC, A&E, HGTV, or any other station? I love ‘em. They take a house that needs a lot of work and buy it for cheap – then renovate it quickly and sell for a huge profit. Sounds like a nice line of work, right?
But don’t you ever wonder [...]
Word of The Week: Short Sale
A lot of buyers in Minnesota have approached me about Foreclosures and Short Sales. Most of the time, they’re confused as to what each means. I try to explain it to them in this way: they’re cousins. Related – yes. The same – Absolutely not.
Both of these types of sales fall under the category of [...]
How Long Does it Take To Buy a Home?
Funny enough, I was just talking with another potential MN First Time Home Buyer about this tonight on the phone. Some people are under the impression it takes anywhere from 6-12 months for the process to play itself out. Others think they can start looking at homes 30 days before they want to move.
The strange [...]
Home Buying Process – Are You Ready?
Last night we gave a great First Time Home Buyer Seminar down at Cornerstone Mortgage. It was an excellent turnout and I know there were some very good questions by the crowd.
I wanted to show a slide that we use to illustrate the Home Buying Process. There are obviously a lot more bits and pieces [...]
Word of The Week: Mortgage
Mortgage – seems pretty simple right? Most people know that the mortgage is the loan or monthly payment you fork over to the bank in order to live in your home. Sooner or later, you pay it off either by owning the home for a long time, or selling the house; in which the payment [...]
Free Event: First Time Home Buyer Seminar
[ January 22, 2009; 6:30 pm to 8:00 pm. ] Register Here <—-
Are you ready to make the biggest financial choice of your life? You will be when you leave this seminar. Learn about the special “Secret Mortgage Programs” that are available to you that have lower interest rates, down payment assistance and even monthly payment assistance. These programs can help you buy $35,000 more [...]
Fix-Ups Gone Bad #1
Throughout my many home tours with First Time Buyers in MN, I’ve seen a lot of funny, scary, and down right dumb choices in people’s attempt to fix-up a property. I’ve also seen a lot of unfortunate things to happen to homes, when people move out or the property gets vandalized.
So I thought it was [...]
First Time Buyers – Random Questions
I’ve been getting a lot of strange questions from Google. I guess that’s to be expected.
What I mean is, I can monitor how people find the website by typing in different terms into Google, Yahoo, or any other search engine for that matter.
Because of these intriguing (and sometimes funny) keywords and questions about home ownership, [...]
10 Questions to Ask Your Agent
It’s important when you decide to buy a home to hire a Real Estate Agent. The benefits of hiring an agent can be found in the Realtor Article, but this post deals with some specific “interview” questions you should ask a potential agent, before you begin to work with them.
After all, Real Estate Professionals work [...]
