The Minnesota Home Ownership Center takes on the magazines article and makes it’s case for why home ownership IS a good thing(Although it may not be for everyone).

There are a number of steps that should be taken BEFORE you look at homes. Taking the these steps will help make your home buying process go smoothly.

With all the recent news about H.R. 5981, I thought I’d share that we now have through the entire month of September before the change will take place with FHA mortgage insurance premium fees. It will effect new case numbers on or after October 4, 2010.

[ October 2, 2010; 12:00 pm to 4:00 pm. ] MN Home Loan Partners of Cornerstone Mortgage Company cordially invites you to the Fall Festival Client Appreciation. This year we will be hosting the event at our office, 436 Gateway Boulevard in Burnsville, MN. The festivities will take place between noon and 4pm on Saturday, October 2, 2010.

[ August 3, 2010; 6:30 pm to 8:00 pm. September 7, 2010; 6:30 pm to 8:00 pm. October 5, 2010; 6:30 pm to 8:00 pm. ] The FHA 203k loan program allows home buyers to repair aspects of the home after closing, holding the funds designated for the repair at closing

The Scott County Fair is in full swing! Don’t miss the activities between now and Sunday! There are some great things going on! Don’t forget that tonight from 6 to 10pm and Sunday from 1 to 7pm there is the unlimited ride wristband for only $16!

From May to 2009 to May 2010, there was a 15% increase in closed sales. From June 2009 to June 2010 the number flip flopped to a 12% decrease in closed sales, sitting at 71 closings last month. YTD that leaves the overall closed sales figure up 7% with a total of 328 closed sales in Burnsville real estate.

If you’re thinking about buying your first home, these five steps can help ensure you get the right house and the affordable financing that helps make home ownership a long-term success:

[ July 27, 2010; 6:30 pm to 8:00 pm. ] Everything you wanted to know about Section 8, but were afraid to ask! Would you love to get your rent check from the government on the first of the month, every month? Have you heard horror stories about Section 8 tenants, but wondered about what the truth is? How do you get your property ready for Section 8 and what is the process for being approved? Is Section 8 for you?

The Dakota County CDA has announced a rate change for the first mortgage. The new rate is 4.75% for all loans reserved beginning July 2, 2010 and continuing until further notice.