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Casey Anderson's Blog

By Casey Anderson | Agent in Woodbury, MN

Attention Blaine First Time Home Buyers‏

Are you a first time buyer in Blaine?

Are you in the early stages of planning on buying your very first house in Blaine? Many people who are renting today are realizing that the recent increase in rents is making Blaine real estate more attractive than ever. With record low interest rates and reduced property values monthly payments on a home in Blaine may even be less expensive than what you are paying for rent! If you are a Minnesota first time home buyer I would love the opportunity to talk with you about the possibilities.

Blaine As A Community

When searching for Twin Cities suburban homes, consider the city of Blaine as a great possibility. Just 20 miles from St. Paul and 13 from Minneapolis Blaine offers a wide variety of employment as well as things to do. As a bedroom community to the Twin Cities, the City of Blaine has doubled its population over the last 3 decades. Mostly located in the County of Anoka, some portions of Blaine can be found in Ramsey county as well. Take a moment to watch this brief video which was produced by the City of Blaine, MN. If you are thinking about about buying or selling Blaine real estate, please give me a call or send me an email.

First Time Buyer Financing Programs

There are a wide variety of mortgage loan programs that may benefit you as a MN first time buyer. The most common today are FHA loans which allow you to get into a home with as little as 3.5 percent down. A program designed for American's veterans are known VA loans, a program with as little as zero down payment. If you find a home with Fannie Mae's Home Path logo, you might qualify for their 3% down Home Path loan which does not require mortgage insurance. Your mortgage lender will help find the best program based upon your loan qualifications.

Down Payment Assistance

In addition to State of MN down payment assistance funds many local communities offer programs of their own as well. Each of these programs vary in terms of qualifications required to access the funds. Depending upon when you are reading this these programs may or may not be funded so we can check on it when you call me.

First Step To Buy A Home: Get Preapproved

For many MN first time buyers the intimidating question is where do I start? Your very first step towards buying your first home is to get preapproved for a first time buyer's mortgage. By doing so you find out how much you are qualified for so that we can research homes in a price range with comfortable payments for you.

Today's housing affordability index is so low it makes it a great time to buy Blaine real estate. If you are tired of rising rent payments, take this opportunity now to learn more about the benefits of becoming a first time home buyer. I've worked with many first time buyers before and am glad to answer any and all of your questions. Simply shoot me an email or give me a call and let's see what might be possible!

Casey Anderson 
Sales Executive, Licensed Realtor in Minnesota
IBR Realty
Cell 651-245-1820 
Woodbury, MN 55125
With a focus on Woodbury real estate and surrounding communities.

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