Currently viewing the tag: "first time homebuyers"
There are a number of other reasons that buying your first home or moving up into a new home may make sense today including the record low interest rates that continue to hold and the fact that home sales in Minnesota are on the rise. If you have a home to sell in today’s market, home buyers need new inventory to look at – what’s out there is becoming stale and new homes on the market are being scooped up quickly by eager first time home buyers and move-up home buyers alike.
This holiday season, not only have we got a little fresh white to cover the ground and lights glimmering around the town; but we’ve got record low interest rates and home prices in Minnesota are at the lowest they’ve been in over a decade as well. The combination of low rates and low home prices means that first time home buyers in today’s market can truly find affordable housing and they can buy for less than rent again!
There are less homes on the market to choose from if you’re looking to purchase a home as fewer homes are coming on the market. This tends to lead to needing to react quickly, especially if you’re in a first time home buyer price range where there are likely multiple people interested in the same property price range.
Real estate radio programs are all over the airwaves today. Our show is truly designed to educate you about what you need to know in today’s mortgage and real estate market in the Twin Cities and answer questions about your own real estate and mortgage needs, and, it’s brought to you by experts.
Beyond that, a full pre-approval will help you to understand all of your loan options and set you up in a place as a home buyer where you are educated and prepared for your home purchase. There are a large number of first time homebuyer programs available in Minnesota. During our pre-approval process, we’re validating your ability to qualify for a variety of different down payment and closing cost assistance programs available to you as a first time homebuyer.
Thinking of buying a home in Minneapolis and you’re a First Time Homebuyer? Looking for down payment assistance and/or closing cost assistance? Check out these potential first time homebuyer assistance programs:
*First time homebuyer is defined as someone who has not had ownership in a property in the past 3 years. Therefore, if you’ve previously owned a home, but have not owned in the last 3 years, you have the ability to utilize these programs and receive the benefits of being a first time homebuyer again! Call me for details today!
[ November 18, 2010; 6:30 pm to 8:00 pm. ] Join us for a very informative FREE 90 minute home-buying course where you will learn everything you need to know about buying your first home. We’ll show you the importance of getting Pre-Approved for a Loan, how to Search for Properties Online, and how to become an Expert Negotiator in the process plus leave with a copy of your credit report!
Minnesota Housing lowered all first-time home buyer program interest rates, with the lowest at 3.75% for MMP loans
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:
Watch this video for information on the upcoming First Time Home Buyer Class
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