Most Minnesota first time home buyers are totally surprised when I show them the incredibly affordable Stillwater real estate available these days. The simple fact is that the housing affordability index in Minnesota has not been this favorable in decades. While many renters have only heard the negative news about real estate values, others have seen a completely different side. With the incredible combination of lower property values and historic low interest rates will make housing payments quite often lower than rent payments. So if you would like to meet with me and talk about becoming a Minnesota first time home buyer, I would truly love to talk with you.
Stillwater, Minnesota is the county seat of Washington County and is a pleasant twenty minute commute from St. Paul. Situated along the St. Croix River, just upriver from Hudson, WI Stillwater is often referred to as the birthplace of Minnesota. While a popular day-trip destination to enjoy its historic features, there has also been growth in new housing on the outskirts of the city in recent decades. Whether you are looking for an older home or new, Stillwater is a great place to consider home. If you want to learn more about buying Stillwater please call me to start your search.
The great news today is that there are beneficial programs for the MN first time home buyer available for lower credit scores and low down payment. Unlike a few years ago, popular options include great fixed rate financing insured by the federal government such as VA and FHA. Additionally, some conventional financing has cropped up such as Home Path loans on select fannie mae foreclosed homes.
In addition to State of MN down payment assistance funds many of our local communities offer assistance 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.
For many Minnesota first time home 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. In so doing you will 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 look into buying Stillwater 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 MN first time buyers before and am always eager to answer all of your questions. Simply shoot me an email or give me a call and we will see what might be possible!
Sales Executive, Licensed Realtor in Minnesota
14451 Founders Lane
Apple Valley, MN 55124
With a focus on Apple Valley real estate and surrounding communities.