One thing you should know is that bank-owned properties will limit the amount that they will contribute towards your closing costs. If you buy a traditional sale we can usually negotiate for the seller to pay all of your costs. With either a foreclosure or a short sale however you will generally need to cover some of the costs on your own. If you qualify for a Minnesota down payment assistance programs this can usually be used to offset some of the remaining closing costs.
Are you planning on buying a home soon? If you have not already done so, you should get preapproved for a home loan. Once you have done so we can focus our searches on properties that you can reasonably afford. I work with home buyers throughout the Twin Cities and would love the opportunity to help you start your search. Please call or email me and we can get started.
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.