Currently viewing the tag: "Dakota County"

Low Interest Rate on Dakota County 1st Time Buyer Program

By On October 18, 2010 · Leave a Comment

Current interest rate: 4.125%

Program Eligibility
• Must be first time homeowners OR has not owned a primary residence in the last three years.
• Existing single family homes, townhomes, condominiums or duplexes in Dakota County are eligible.
• New construction is eligible in Apple Valley, Burnsville, Eagan, Empire Township, Farmington, Hastings, Inver Grove Heights, Lakeville, Mendota Heights, Rosemount, South St. Paul, Sunfish Lake and West St. Paul.
• Homebuyers must occupy the home as their primary residence after purchase to be eligible.
• 620 minimum credit score.

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FHA Update: Lower UFMIP, raising Monthly MIP

By On August 6, 2010 · Leave a Comment

FHA intends on lowering upfront mortgage insurance premiums, but raising the monthly mortgage insurance premium. This will make an impact for those who are looking to purchase a home but are down payment sensitive.

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Tax Hikes in Dakota and Scott Counties?

By On July 28, 2010 · Leave a Comment

In today’s South Metro addition of Star Tribune Online, they discuss that both Scott County and Dakota County may need to raise property taxes.

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Market Update – Burnsville, MN

By On July 28, 2010 · 1 Comment

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.

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Dakota County CDA Announces New Rate

By On July 2, 2010 · Leave a Comment

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.

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Why Wait To Buy Your First Home?

By On June 18, 2010 · 1 Comment

I told this woman (we’ll call her Elna) that she could possibly qualify for a low fixed mortgage interest rate of 4.75%, and receive up to $15,000.00 in down payment and closing cost assistance using Dakota County Bond

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Need Money to Buy Your First Home?

By On June 16, 2010 · 1 Comment

I’m going to say it again, because its important to hear. THERE IS STILL MONEY AVAILABLE TO HELP YOU GET INTO YOUR FIRST HOME! I can’t stress this enough, there are programs available to help you get down payment and closing cost assistance. Actually, lots of programs! Lets take a look at the information for first time homebuyers looking to purchase real estate in Dakota County:

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Hungry Goal at MN Home Loan Partners

By On May 29, 2010 · Leave a Comment

With a need for over 70,000 pounds of food a year, Cornerstone has committed to collecting 1,000 lbs of food a month. We are the only remote drop-off for the CAP Agency Food Shelf. So here we are, shouting from the roof-tops that we need your help.

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What’s Your Plan?

By On May 26, 2010 · 1 Comment

Yes, we are a mortgage company in Burnsville, and no, Life Planning may not be a typical suggestion from a mortgage lender. I think that is the beauty of it! We want to offer you the tools to make your life more fulfilling as well as help you get financing for that new home in Dakota County. No strings, no commitments, no cost…. We think it is that important! :-)

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Market Update – May 12, 2010

By On May 12, 2010 · 1 Comment

When it come to Burnsville real estate, the same trend has happened. There is a 6% decrease in new listings during the month of April compared to April of 2009. Year -to-date, there have been 512 new listings added to the market in Burnsville. That is slightly higher than the 499 through the end of April in 2009. The average sales price for Burnsville real estate YTD is $182,445. This is less than a ….

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