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Kevin J. Sutton's Blog

By Kevin J. Sutton | Agent in 55125

How To Buy A home in Stillwater

Do you want to learn about how to buy a home in Stillwater? Learning how to buy a home can be confusing for many buyers, especially if you are a MN first time home buyer. As this process can be quite complext I would like to take a moment to share with you some basic tips of how best to accomplish your goal.

How To Buy A home in Stillwater

Most Minnesota home buyers start their search for the perfect home on the internet. There are many internet sites to begin this but a good place to start is to use the search engine on my website. There are tens of thousands of Minnesota real estate websites out there but you will soon find that many of the sites lack important details you will need when finding and pricing a home. For example, the large national websites do not show the property taxes for each Minnesota real estate listing which is one of the most critical factors when estimating what your monthly payments will be.

Search for a home in Stillwater on my website

When you start for your search for homes in Stillwater on my website you will find all of the listings that are on the market from all of the real estate companies in the Twin Cities area. Through the use of the Multiple Listing Service (MLS), my real estate website will offer you complete details on every property from every company. I can also set up a specific MLS search for you so that I can email listings in your price range as they come available.

Get Preapproved To Buy A home in Stillwater

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 Stillwater you will want to get a preapproval letter for a mortgage loan. Getting preapproved is the most important part of the process for how to purchase a home in Stillwater 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.

Let's go look at homes!

After you have been preapproved by a Minnesota mortgage lender I will take you to available listings in your price range. I generally recommend that we look through at least fifteen or more before you make your offer to purchase one. By doing this you will get educated on homes that are a excellent value for you to buy. When a listing comes available meeting your needs you will want to be ready to make your offer since properties at a good value sell fast.

After the purchase agreement, and before closing

Once you�ve made your offer it usually takes about 30 or longer before you go to your loan closing to finalize the purchase of your home. Throughout this time your lender will collect all of your documentation they need from you to complete your loan approval. They will almost always order an appraisal on the home you are buying to make sure the price of the home you are buying is in line. They will also order a title policy from a title company to make sure you will get clean title to the home upon purchase.

Closing on your home

After your home loan has been completely approved you will ready for closing. At this point all the parties involved get together at a title company to sign closing documentation and to give up property keys and welcome you to your new home. After you have gone through closing on your home you are now ready and able to move in!

City of Stillwater

Stillwater, MN is located in Washington County and is a pleasant twenty minute commute from St. Paul. Situated within the St. Croix River bluffs, Stillwater is often referred to as the birthplace of Minnesota. While traditionally a popular day-trip destination to enjoy its historic features, there has also been a fair amount of new construction growth on the outskirts of the city in recent decades. Whether you are looking for an older home or new, you will find Stillwater, MN a great place to call home. If you want to learn more about buying Stillwater please call or email me to start your search.

Are you ready to start the process of searching for homes? Just send me a quick email as I am glad to help you begin your search for a home in Stillwater!

Kevin Sutton 
Sales Executive, Licensed Realtor in Minnesota
The Home Solutions Team
Keller Williams Premier Realty
Direct (651) 209-8250
659 Bielenberg Drive
Woodbury, MN 55125
With a focus on Woodbury real estate and surrounding communities.

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