Selling a South St. Paul Home
Selling a home in South St. Paul today can be a challenge, especially with all the competition from
nearby foreclosures and short sales. Real estate values have been declining in part because of the low sales
prices offered by banks who need to unload their inventory of their real estate owned. Roughly half
of the sales in today's MN real
market has come from traditional home sellers. Are you in the search for help to sell your South St. Paul home
Why Use A Realtor To Sell Your South St. Paul Home?
it has never been more important to use a South Saint Paul real estate
agent who understands the recent trends in South St. Paul market values.
When we visit your home to
complete a market analysis, we will compare all of the features and
benefits of your property to the competing homes
for sale in the area. We need to look at all of the properties that
have sold within the past few
months to analyze what the actual sales prices have been. By doing so
we can estimate what price a home
buyer might pay for your house within a reasonable period of time.
of the challenges for many sellers today is in trying to get enough for
their house to pay off the current
mortgage on their home. If a home seller owes more on the mortgages for
their home than what we can
sell it for we will either need to discuss paying the mortgages down,
attempting a short sale on their home, or
listing it for rent and in order to move to another home. With rising
rents in the market home sellers are quite often finding that they can
cover all of the resulting expenses for the house
through their renter's income.
Lenders have specific
guidelines for those South St. Paul sellers who have made the decision
to rent out their house to buy another. Depending on the equity that
you have in your home, a mortgage lender may or may not consider the
rental income you receive when they qualify you for the new mortgage.
The only way to know this is to call a lender to get preapproved.
Once we have a chance to meet to discuss the value of your
current home it is important that you go through the process of getting
preapproved for a mortgage loan. Your MN mortgage lender can help you
discover which of the options are best whether renting or selling your
current house. The process of getting preapproved is is usually free
and contains no loan obligation. A good lender will be able to examine
all of the
options available to you such as MN FHA loans, Conventional, VA, or other types of mortgage loans.
South Saint Paul: Community Information
Just south of downtown Saint Paul, MN you will find the great city of South Saint Paul.
Steeped in Minnesota history, South St. Paul is one of the historic
large meat packing districts in America. Due to its location within
Dakota County first time buyers can may well benefit from the Dakota County first time home buyer program. With a highly active Park and Rec
program in South Saint Paul it seems there's always something to do!
With plenty of affordable housing available South Saint Paul is an ideal
place for the Minnesota first time home buyer. Are you ready to search for homes in South Saint Paul? Please take a moment to give me a call or send me an email!
Do You Want To Get Started?
you think you want to learn more about the process of selling your
South St. Paul home call me. I will create a market
analysis of your home for free. We will discuss all of your available
options available in the market today. Feel free to email or call me.
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.