PURCHASING YOUR HOME

You’re about to embark on the exciting journey to find your ideal home.  Purchasing a home is an important decision that can be an enjoyable and educational experience.  No matter what type of property you are searching for, our agents will work to make your buying process as smooth and hassle-free as possible.  You can let us do the searching, research, scheduling, negotiating and the planning for you.  We will devote all of our expertise and the full resources of our office to achieve these results.

Most people only purchase a few homes in their lifetime, therefore it is likely to be in your best interest to enlist the services of a professional Buyer’s Agent. This is similar to using an accountant to help you with your taxes, a doctor to help you with your health care, or a mechanic to help you with your car.

To make sure that you are well equipped and armed with up-to-date information for your decision. We have prepared a Home Buying Guide to take you through every phase of the home-buying process.

Please contact us and we will be happy to send this guide to you via email or as a hard copy in the mail. You will find it helpful to keep this packet with you during your home-buying process. There are pages that contain important phone numbers and dates and areas for notes to help you stay organized. It contains helpful information for both during and after your home purchase. Use its reference pages, note pages and agency explanations, as an invaluable guide on your home-buying journey.

Buy or Rent?: The long term advantages of owning versus renting.

How much can you afford?: It is important to determine the price range of homes you will financially qualify for before you begin your search.

Working with a Realtor®: There are many advantages to having a professional on your side who has your best interests in mind. Our agents will negotiate and navigate on your behalf to make for a smooth transaction.

Short Sales: A short sale is a sales transaction in which the seller’s mortgage lender agrees to accept a payoff of less than the balance due on the loan. (A. Siudzinski, Senior Information Specialist, Realtor.com)

Nine Tips for Buying a Foreclosure (thisoldhouse.com): Foreclosures are still having a substantial impact on the U.S. housing market. However, programs by federal agencies (including the Homebuyer Tax Credit), as well as depressed prices have chipped away at foreclosure inventories. (D. Foligno, Project Specialist, Realtor.com). You can also click here for a Field Guide to Foreclosures at Realtor.org.

Property Search: Find homes in the are in which you are interested and contact us to receive a list of MLS data on all currently active homes meeting your search criteria as well as automated emails of new listings as they come on the market.

The Basics of Making an Offer: What to know and what to expect when making an offer on a new potential property.

10 Steps to Home Ownership: An easy to follow guide preparing you for what to expect when buying your home.

The Importance of Getting a Home Inspection and Truth-in-Sale of Housing requirements: A home inspection is a great way to protect yourself by discovering any unknowns about a property prior to finalizing your purchase agreement. Truth-in-Sale reports are required in many cities in Minnesota and we list them here.

What to Expect at Closing: Settlement is a brief process where all of the necessary paperwork needed to complete the transaction is signed. Closing is typically held in an office setting, sometimes with both buyer and seller at the same table, sometimes with each party completing their papers separately.