Most MN home buyers begin their process of buying a home on the web, of course. There are many ways to accomplish this but a good place for you to start is to use the MLS search on my personal website. There are thousands of websites out there but you will soon find that many lack all of the important details when searching for a home. National real estate websites do not show the annual property taxes due for each of the Minnesota real estate listings which is one of the biggest factors your lender will need to determine what your monthly payments will be.
When you begin your search for homes in Shakopee on my personal website you will find all of the available listings from all of the real estate companies in the area. Because I am part of the Multiple Listing Service (MLS), my website gives you complete details from every company. Additionally I can set up a specific search for you so that I can email you when properties in your price range come available.
How will you know what price range you should be searching for? In order for you to determine home much the monthly payments you will have for a home in Shakopee you will want to get a preapproval letter for a mortgage loan. This is the important first step in the process for how to buy a home in Shakopee Since there is no cost or obligation when you get prequalified by one of our local MN mortgage lenders, you should do this right away so that you can clear any roadblocks there might be in the process of getting a home loan.
After you have been preapproved by one of our trusted local mortgage lenders I will take you out to look for homes in your price range. I recommend that we look through at least 15 or 20 of these before you make your offer to buy one. By doing a thorough search you will know homes that are a excellent value for you to buy. When a home comes available meeting your needs you should be ready to make your offer since properties at a good value sell fast.
Once you have decided to make your offer it usually takes about 30 or longer before closing. During this time your lender will collect all of the necessary documentation that they need from you to finish your loan approval. They will also order an appraisal on your home to make sure the home is a good value. They will also order a title policy to make sure the title to the home is clean.
After you receive your complete loan approval from your lender you will be ready for closing on your home in Shakopee. At the loan closing everyone gets together to sign documentation, exchange funds, and to give up property keys and welcome you to your new home. Once youâ€™ve closed on your home you are ready to move in!
Located just southwest of Minneapolis, Shakopee is one of the larger bedroom communities of the Twin Cities. Also known as the county seat of Scott County, Shakopee has more than tripled in size over the last 20 years according to the 2010 census. Every year Shakopee attracts tourists from all around the area with popular destinations such as the Canterbury Park horse race track, the Valley Fair amusement Park as well as the Renaissance Festival. As an outer ring suburb many residents commute 20-30 minutes to downtown Minneapolis. Minnesota first time home buyers in this area in this area will want to look into the Scott County home buyers club for down payment assistance up to $4,000.
Do you want to start talking about the process of looking for homes? Please just send me an email or give me a call as I am eager to help you begin your search for a home in Shakopee!
Sales Executive, Licensed Realtor in MinnesotaÂ
Century 21 Premier GroupÂ
1660 S. Highway 100, Suite #578
St. Louis Park, MNÂ 55416
With a focus on Twin Cities real estate and surrounding communities.