Lots of great options for you. The price and size will depend on location. But you DONT need to be in Minneapolis to find what you are looking for.
Are you still in the market to buy a home? If so, I would love to see if we can help you out. Do you have a realtor yet? If not we have preferred ones we can get you in contact with. I would like to see if I can help you out with a home mortgage. I will try and make this a very easy process. Please let me know how to help out.
MN District Branch Manager
NMLS # 387408
Gold Star Financial Group
My name is Josh Lund. I'd be more than happy to explain the process and take my time to explain the Home Construction Process to you.
Have you found a lot to build on? Have you found a builder? A lender?
You can contact me at :
Gold Star Mortgage Financial Group
333 Washington Ave N Suite # 101
Minneapolis, MN 55401
Office # 952 884 5442
I work with a large network of investors in the Eden Prairie area, most of whom purchase distressed properties to remodel. However, distress properties are drying up in this area - it will take time and the networking to locate such and I'm happy to assist with that.
Twin Cities Residential
952 865 0207... more
It doesn't cost anything to sit down with a lender to review your situation. The low credit score is likely the biggest hurdle. A good lender will be able to counsel you as to what can be done to help raise your score. In some cases, it's just a matter of time elapsing to but a bad experience behind you. In other cases, they may advise paying off debt or other actions to improve your score. Best wishes.... more
The title company and title search is the best way to find out the title history of the property you are interested in. When the title company ask you if you want an owners policy I would recommend that you say yes. This insurance will cover you should any interest in the property was not discovered in the title search. It will be up to the title company and their attorneys to clear title.... more
300,000 will be your "New" mortgage amount and would be the amount needed to redeem your home. You can sell your property for more than 300,000 and not owe the difference as long as the "new" balance is payed and keep any proceeds made by the sale for yourself.... more
These are questions which rank in an order pertinent to you... I might put schools lower if I have no children, care less about commuting if I work out of my home or travel three weeks a month and want to be close to the airport...Select an agent; let him or her prioritize your needs and find homes that fit you, your family, your budget and all the must haves on your list! Liz, 612-986-4105... more
Maybe I'm not understanding this question correctly. I see feedback from other agents here suggesting it is MORE of a fire hazard NOT to have the door than it would be if there was a door. From what I've heard in inspections the less the barrier between the house and garage is compromised, the better it is from a fire safety standpoint and the thought about the fumes and CO from the lawn mower and such. If you create an opening between the house and garage, in my mind, would allow more opportunity for a fire or fumes to encroach in to the home. If, for no other reason, than you'd be opening the door and allowing exchange of air between the house and the garage. Please tell me what I'm missing here, agents.
From a market standpoint, it is always better in MN to be able to go from the garage to the house and vice versa in the winter. But, I wouldn't say it's a huge deterrent for resale. It would be more of a minor thing than a major thing. If you want to create a door, do as one of my colleagues suggests here and have a bid done on the door during your inspection period.... more
I would look at some first time home buyer programs as some have higher debt to income ratios. The payments they will use for your credit cards is the 'required' amount that they ask for monthly (just in case you are paying more). In the end, it will be up to the underwriter, but the loan officer should be able to run you through desktop underwriting or an in house underwriter.
Start there with a good loan officer/broker that has a variety of programs available to them. The brokers usually have 'other' alternatives. At the very least, you'll know where you stand and what is your next step.
I'd be happy to help once you get pre-approved and we can go power shopping ; ))
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"Helping People Make Smart Real Estate Decisions since 1980"
(651) 457-HOME (4663)
Times have changed. Now you will need a Realtor who is experienced in market cycles Up or Down.
Look for an agent who can take your offers in multiple offer situation and get you the home you love.
Dean Gupta, Serving Buyers and sellers one at a Time since 1991.... more
Probably you are confusing. Town home has Association and the Association charges will be part of your rent. The other charges you are referring are the utility bills -- Electricity, Heat, Telephone and water charges. Most probably depending on the season, these will vary from $100-$200. But these charges you pay when you are renting apartment also. you can negotiate with your landlord and negotiate with townhome landlord also.... more
You are not tied to the listing agent of the home you are renting. You can choose the agent you like and trust and know the area. Then you can sign exclusive right to represent buyer agreement. Otherwise you will be tied with dual agency -- and it will be invalid without your specific permission. One other thing to keep in mind is just don't buy any home that your landlord agent showed you. You can give a notice to your landlord's agent and tell the agent that why you don't want to have any relation with them.
Another thing you should keep in mind. This time is the time of multiple offers. So pick a Realtor who is experienced and knows how to handle and offers in such situations.... more
Yes. The question is ...how many months? They are typically faster than they used to be, but if you want to be in your home or even want to know if you will be allowed to buy the. Home within a month, look for a home that is priced well but not a short sale if you can find one.
If you have to go with a short sale, realize that it could easily be 3to 4 months before you know if you'll get the home. If you can't do that, forget a short sale.