The current low interest rates still leaves many markets accessible to average income Americans outside of traditionally high cost areas, including MN First Time Home Buyers. However, there is potential that pairing the increasing interest rates with increasing home values can absolutely affect the cost of housing even if the actual prices don’t rise quickly or dramatically.
Being armed with the knowledge you need to make informed decisions on one of the largest purchases you may ever make is priceless, but the information is free! There’s no one loan program that works for all MN first time home buyers – there are a variety of options and different guidelines for different financial circumstances. Let us help you take the first step toward your first home purchase with confidence!
How did we fare year end of 2013 in the Minnesota real estate market? It looks like the market recovery continued throughout the year! In the Twin Cities, there had been lower supply levels making for a strong demand and helped home value prices show positive recovery. The level of demand we saw in 2013 had not been seen since 2005!
The new Minnesota Homeowners’ BOR really just solidifies rules already in place at the federal level. With just under 18,000 foreclosures in Minnesota in 2012 (down 16% from 2011 but is still nearly triple the number that took place in 2005), an article like this seems highly necessary.
An interview with Carrie Guarrero, Vice President and Producing Manager of Cornerstone Mortgage in Burnsville, Minnesota confirms much of what I have learned from other accomplished people – and while their industries and personalities vary widely, they possess definite similarities. I find that many people seeking their secrets have good news/bad news reactions to the fact that there is no mystery to the mastery.
You should attend this event if: You want to know the best ways to take advantage of current market conditions, you want to buy, but you’ve had prior credit or financial issues, you want to sell your home or move up, but own more than your current home is worth, you are on-time with mortgage payments, but underwater or, you’re in a housing crisis right now.
Home sellers in today’s Minnesota real estate market have a host of different issues and considerations than they had when they purchased their home originally. Our Minnesota real estate market has changed and we’ve designed a class to help educate the home seller who may be looking to buy again. We will cover a host of hot topics that are top of mind for today’s home seller.
We’ve collaborated with some of the best real estate and mortgage professionals in Minnesota along with some excellent service providers to bring Minnesota home buyers and sellers the information they need to start the process of buying or selling real estate in Minnesota.
Our monthly slate of classes for home buyers and sellers has been on-going for over six years and meets the growing demand for up-to-date, accurate real estate and mortgage information.
We’re introducing the newest class to our series of monthly classes on real estate and mortgage lending. All of our classes are 90-minute, no-cost, no-obligation classes designed to assist home buyers and now sellers in today’s real estate market. The landscape of Minnesota real estate and mortgage financing has changed significantly in the past few years. During this seminar we will touch on a number of “new normals” for today’s home buyer and seller.
Come join us this afternoon for a great event in support of our local CAP Agency (Community Action Programs). The event is FREE but we would love to collect enough FOOD and winter clothing to FILL THAT TRUCK today!
Watch this video for information on the upcoming First Time Home Buyer Class
MN First Time Home Buyer Class
Subscribe Via Email
View Posts By Category
- Chela's Story (5)
- Conversations With Carrie (203)
- First-Time Home Buyers (140)
- Home Buyer Class Information (55)
- Home Loan Process (49)
- Local Information (39)
- Market Updates (41)
- Mortgage News (51)
- Mortgage Terminology (28)
- Testimonials (8)
- Trusted Resources (15)
- Tuesday Tidbits (3)
- Uncategorized (17)
- Upcoming Events (30)