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Scott Schultz's Blog

By Scott Schultz | Agent in Apple Valley, MN

Stillwater First Time Home Buyers: 3 Steps To Buying

Minnesota first time buyers are usually surprised when I show them all of the affordable Stillwater Real EstateCITY. The simple fact is that the housing affordability index in Minnesota has not been this low in years. While many renters have only heard the negative news about values in real estate, others have seen it from a completely different angle With the incredible combination of lower property values and historic low interest rates will make your house payments quite often lower than your rent payments. So if you would like to talk about becoming a MN first time home buyer, I would truly love to talk with you.

To take advantage of the benefits in today's Stillwater home values, get started with these 3 steps.

Step 1: Let's Discuss Your Goals

There are more things to consider when buying a home than simply the monthly mortgage payment. I will want to have a discussion with you what your short and long term goals are for buying a house. After learning more about what you want to achieve we will talk about the all of the types of homes for sale, as well as how to get a great value. Depending upon when you want to make the move we will talk about whether you should consider buying a short sale, foreclosure, or traditional sale. After our discussion I will set up a listing search of all the homes that could possibly meet your needs.

Step 2: Get Preapproved For A Home Loan

Before we go out looking for homes, you need to talk with a mortgage banker. The only way to know how much you can afford for monthly mortgage payments as well as down payments, you will need to get preapproved for financing. When you have a discussion with your mortgage broker, you will learn about all of the programs available for MN first time home buyers. Did you know that there are many down payment assistance programs for Stillwater first time buyers that can help you put as little as $1,000 down? The only way to determine if you are eligible is to get preapproved for a mortgage loan.

Step 3: Let's Start Looking At Homes

Once you have been preapproved we can start looking at houses. After looking at so many homes on the internet, this is the fun part of the whole process. We will look at as many homes as it takes before you find the one that ideally suits your needs. Once we find one, your mortgage lender and I will guide you through writing an offer, finalizing the loan and closing on your home!

Community Information About Stillwater, MN

Stillwater, Minnesota is the county seat of Washington County and is a pleasant twenty minute commute from St. Paul. Tucked in by the St. Croix River Stillwater, MN is commonly referred to as Minnesota's birthplace. 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. No matter what type of real estate you are looking for, you will find Stillwater, MN a great place to call home. If you want to learn more about buying Stillwater please call me to start your search.

Are you ready to start with the process? Please email me and we'll start talking about what you want for your Stillwater home!

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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