When you’re ready to begin searching for a new home, it’s easy to get swept up by the homebuying process. The combination of an exciting prospect of becoming a homeowner for the first time and the lack of education pertaining to the process can often lead to you leaving a…
Tag: first time homebuyers program
Twin Cities Real Estate Market
The Twin Cities housing market has been crazy over the past few years. While there have always been periods of ups and downs, buyer’s markets and seller’s markets, yet the frenetic pace and swings has had everyone speculating. Now that interest rates have climbed back to more “normal” levels, those…
FHA mortgage insurance premiums
The FHA Mortgage Insurance premium will be reduced from 0.85 percent to 0.55 percent for most homebuyers seeking an FHA-insured mortgage, which could mean an estimated savings of $678 million for American families in aggregate by the end of 2023 alone. For details, please read the Department of Housing and Urban Development…
Are You Looking for Ways to Save for a Down Payment on a New Home?
A question for some homebuyers is… How can I save up enough money for a down payment on a condo or a home? For those who don’t have access to family wealth or are having trouble scraping together the funds, side jobs can be an invaluable source of income. Here…
Minnesota First-Time Home Buyers Guide
Buying a home is an exciting milestone, but it can also be very overwhelming for first time home buyers in Minnesota. Fortunately, a trusted real estate agent (such as Shannon Lindstrom with RE/MAX Results) can help guide you through the experience and ensure that you make the best decision for…
10 Most Common Minnesota Home Buyer Questions
Buying a new home or condo for the first-time can be exciting and confusing for some. There are a lot of steps to buying a condo or a home, and individuals can have many questions pertaining to the homebuying process. These are the most common questions home buyers have, and…