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Scott Schultz's Blog

By Scott Schultz | Agent in Apple Valley, MN

How To Buy Home in Inver Grove Heights

Do you want to learn about how to buy a home in Inver Grove Heights? The process of how to buy a home can be confusing for many people, especially for the MN first time home buyer. Since the process can be a bit complicated I would like to share with you some simple tips of how to help you accomplish your goal.

How To Buy A Home in Inver Grove Heights

Most home buyers begin their search for the perfect home on the internet. There are many ways to accomplish this but a good location for you to start is to use the MLS 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. National real estate websites do not show the annual property taxes due for each of the property listings which is one of the biggest factors your lender will need to determine what your monthly payments will be.

Search for a Home in Inver Grove Heights on my website

When you begin your search for homes in Inver Grove Heights 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 a member 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 Inver Grove Heights

How will you know what kind of price range you should be looking for? In order for you to know the amount of monthly payments you will have for a home in Inver Grove Heights 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 Inver Grove Heights 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 out to look for homes 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 should be ready to make your offer since properties at a good value sell fast.

After the purchase agreement, and before closing

Once you have made your offer it normally takes about 30 to 45 days before closing. Throughout this time your lender will collect all of your documentation they need from you to complete 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 from a title company to make sure you will get clean title to the home upon purchase.

Closing on your home

After your loan has been fully approved you will be ready for closing on your home in Inver Grove Heights. 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. Now that you have closed on your home you will now be a homeowner!

If you're searching for a Twin Cities home nearby St. Paul, you will want to include Inver Grove Heights in that search. Situated in northern Dakota County is only minutes away from downtown Saint Paul. Schools in Inver Grove Heights include Simley High, Inver Grove Heights Middle School, Salem Elementary, Hilltop Elementary, and Pine Bend Elementary. MN first time home buyers may find Inver Grove Heights particularly affordable if they qualify for the Dakota County First Time Buyers program. No matter what type of home you want the community of Inver Grove Heights has a lot to offer.

Do you believe you're ready to start the process of looking for homes? Just send me a quick email as I am eager to help you begin your search for a home in Inver Grove Heights!

Scott Schultz
Sales Executive, Licensed Realtor in Minnesota
Remax Results
Cell 952-221-7419
Direct 952-431-2400
Fax 952-431-0420
14451 Founders Lane
Apple Valley, MN 55124
With a focus on Apple Valley real estate and surrounding communities.

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