Top Posts
Word of The Week: FHA 203(k)
When buying a distressed property like a Foreclosure or Short Sale, you may have limited options for what type of financing you can use. The main reason many homes can’t use regular FHA or Conventional financing is because the property may be without plumbing, electric, or other living essentials. These “typical” types of financing require [...]
2010 Home Buyer Tax Credit
Here are the details you need to know about the 2010 Home Buyer Tax Credit. Many aspects are identical to the 2009 First Time Home Buyer Tax Credit, but a few key changes have been made, including a separate Credit for Repeat Home Buyers to take advantage of. As soon as the legislation is signed [...]
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 [...]
7 Steps to Home Ownership
I know what you want as a First Time Home Buyer. I was a Real Estate Newbie not too long ago myself, so I feel your pain.
What you want is someone to tell you the magic formula, the steps, the price tag, and all the hidden details about buying a home. Well, unfortunately there is no magic [...]
Credit Score Ratings
OK, so let me begin by saying this: I am not a Mortgage Broker and do not intend to become one, so take this article at face value and always speak to a qualified lender before making any decisions.
There, now that we have that piece out of the way, I want to talk to you [...]
3 Secrets to Buying a Home: What The Experts Don’t Tell You
OK, I know what your thinking: if I’m a “First Time Home Buyer Specialist” then wouldn’t I be considered an “expert”? Well, yeah I guess. But nonetheless, I’m going to give you some secret advice I tell my clients when we are making an offer, and getting ready for closing.
1. Ask for Seller Paid Closing [...]
8 Mistakes Most First Time Home Buyers Make
Avoid these pitfalls and you will save time and money with your first home purchase!
Using a Lender who doesn’t specialize in Special First Time Home Buyer Programs. Our partners, Cornerstone Mortgage, take pride in being educated and having access to exclusive loans and credit packages in the State of Minnesota. Only a handful of mortgage [...]
5 Reasons To Buy Your First Home – NOW!
These are the Top 5 Reasons to buy a home in Minnesota at this time:
Prices have come down from all-time highs in 2005-2006. Almost every market in the country has declined in the past few years, and although prices may fall further still, we’ll never know until they’ve started coming back up. Factoring in prices [...]
