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Home Buying in Minot : Real Estate Advice

  • All33
  • Local Info1
  • Home Buying11
  • Home Selling0
  • Market Conditions3

Activity 11
Thu Sep 22, 2016
Ogdengail asked:
Can I use my land as collateral for my down payment it's a half acre of land for a mobile home
0 votes 0 Answers Share Flag
Thu Jul 9, 2015
Dan Tabit answered:
Mariliz,
You have great questions and they need to be directed to a great local agent, along with hundreds of other questions you're going to have. Generally there are two agents/brokers involved with every transaction. One represents the sellers and the other represents you. Each one does their best to get the best possible outcome for their client, which means if you are dealing with the listing agent, you are giving up confidentiality and putting yourself at a disadvantage.
List price is not an objective value, it's a marketing strategy. Some will over price their home, others may under price to get a bidding war started. Some may price about right, but depending on their motivation may accept less. It will come down to the research your agent does on your behalf and your level of motivation.
Step one, is to find a great agent who will look out for your needs first. The rest will follow. Best of luck and welcome to the US!
... more
0 votes 3 answers Share Flag
Mon Apr 6, 2015
Cindy Strandberg answered:
You could buy a home for up to $250,000 for your $1400 a month in BAH. After 4 years you would have enough equity to make a profit in four years. So why wouldn't you buy instead of rent? ... more
0 votes 1 answer Share Flag
Tue Jan 21, 2014
Clyde Thorne answered:
There are a few lots, but depending on the size and location, will determine the price. If you would like to meet or just send me your email, I can send you what is available, in southeast Minot. We still have some lots for sale by the new Country Golf Club. You can contact me at 701-240-8594 or cthorne@srt.com

Thank you,
... more
0 votes 1 answer Share Flag
Mon Jun 24, 2013
Drew Wierson answered:
Clyde has a great answer for you here and so does Donna. In addition to what they have said, I would suggest that you let an agent know your time-table, how long you plan on being in Minot, and your familial situation. Like, do you have pets? Tough to rent something decent if you have animals because most places wont rent to you. Kiddos and ages? You will probably want to be close to a good school. If you can be patient, there are better deals to be had as inventory has been creeping up, and buyers have more options with all thats been happening here (new construction and development). Do you know that there are rehabilitated flooded homes? Lots to cover. I typically suggest that people land here, rent if you can short term, get acclimated, feel out the market, and go from there. Contact a few good local agents if you havent already and get the scoop on our market. On my website I have a list of local rental companies, you can use that and make a few phone calls to get scoop on the rental market. www.drewwierson.com ----> left nav bar ----> minot rental listings. Good luck! ... more
1 vote 4 answers Share Flag
Thu Jun 20, 2013
Clyde Thorne answered:
My question to you is why a mobile home. Our winters are harsh here and they really take a beating. you can look for a single family home with acreage which will retain its value. Even though the land will increase in value, a mobile home loses value each year. And each year that it gets older, the harder to get a loan for it. ... more
0 votes 4 answers Share Flag
Wed Jun 19, 2013
smassey70 answered:
Please check out our property. We just listed it yesterday...FSBO, 5 bedrooms, 2 stall garage, Check out the youtube link. I taught on the base and lived here for the past six years. It's an 8 minute drive. We have 2 acres, and a fenced area, which we use for chickens, but you could use it for dogs. We have two labs, and they run all over they yard...we just use a wireless containment system with receiver collars. Property is listed at $349,000 OBO. ... more
0 votes 6 answers Share Flag
Thu Jun 13, 2013
Donna Foster answered:
There are several properties available to 'fix and flip' in Minot. If you'd like to call me, I'd be happy to chat with you about what's available.
0 votes 1 answer Share Flag
Wed Jun 12, 2013
Maria Cipollone answered:
The National Association of Realtors which report April data, notes that "sales have been above year ago levels for 22 consecutive months" with volume at a seasonally adjusted annual pace of 4.98 million units. That's 10.2% above last April pace of 4.52 million units. In addition, homes are moving much more quickly, with a median days on market of 60, down 24% from a year ago.

Best of Luck,

Maria Cipollone

www.Flahomespecialist.com
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0 votes 5 answers Share Flag
Mon May 13, 2013
Clyde Thorne answered:
Bearyapple,
Depending on your bank loan, we can find the right home for you. Other factors would include lot size, animals, bedrooms, etc. If you would like to meet, please contact me at 701-240-8594 or cthorne@srt.com

Thank you,

clyde
... more
0 votes 7 answers Share Flag
Tue Jun 19, 2012
Lloyd Ann Caston answered:
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