Brainerd, MN

"Millionaire Warren Buffett said Monday that stocks remain relatively cheap compared to other investments as the economy continues to improve."

Houses are another attractive investment at current prices, Buffett said. He added he might buy a couple hundred thousand homes if only he could figure out a way to manage them effectively. He said he isn't very handy.

“Single-family homes are really cheap now too,” Buffett said.

Buffett conceded in his letter released Saturday that he was dead wrong to predict the housing market would recover by now. He said Monday that he believes conditions will improve in 2012.

Buying a first home in the Brainerd Lakes area of Minnesota is a huge step and definitely not an easy decision. Anyone entering into this process for the first time deserves special attention from a real estate professional that is prepared to walk them step-by-step through the process.
I'm here to provide you or any first time home buyers that you know with that exact level of service.

It seems to make perfect sense that as a first time homebuyer, the first thing to do is to shop for homes. Many start by investigating the market in a desirable area and finding that perfect property. Then, they contact a mortgage professional. Unfortunately, this is when the dream can fall apart for potential buyers! Essentially, they've begun the process backward. When a bank or lending institution declines a mortgage loan, for whatever reason, the potential homebuyer can be left frustrated. Buyers then face the prospect of having to start their search again, seeking a new set of properties that fall within the boundaries of the mortgage company's approval. Homes in a lower price range, often do not measure up to what they had been viewing in a higher price range.

The opposite may also be true and they actually qualify to buy in a higher price range! Smiles all around for this.

For the real estate professional, the first question to ask the client isn't, "What kind of house are you looking for?" But rather asking them, "Have you been pre-qualified for a mortgage?" Unless the buyer is paying for the house with cash, a pre-qualification is an essential element in the buying process.

The pre-qualification process isn't difficult, and as a result, buyers will know exactly what they can afford, which in turn clearly defines their choices. This common sense approach can save real estate professionals time, as they can direct clients to homes that fall within their approved price range, rather than those they can't afford. It can also save buyers a lot of potential heartache and disappointment, removing the lure of falling in love with that "perfect home" that's out of reach and replacing it with a home that, instead, will be affordably just right.

In order to make an offer on property here in the Brainerd Lakes area of Minnesota. we need to include a pre-approval letter from your lender with the purchase agreement, along with earnest money. That shows you are serious and ready to purchase.

I would truly appreciate you passing my contact information their way. I guarantee to take good care of them and to help them on their way to finding that perfect first home.

Rates are at a record low after steadily declining throughout May, primarily due to uncertainty in the global and domestic economies. While these incredible rates represent a significant savings for home buyers, experts note that for the benefits to fully be realized, lending conditions must loosen so more buyers can take advantage of them. As overall economic activity gets back on track, rates will likely rise to keep inflation in check. In other words, the window of opportunity for buyers to lock in these historically low interest rates may not remain open much longer.

In our lovely Brainerd Lakes are of Minnesota, we have homes in every price range, condition and location. Investment properties abound with many duplex and single homes at great prices to convert into rentals.

Wondering what is happening in the real estate market for October in the Twin Cities area of Minnesota?  This video will give you insight into our area market and the latest skinny. Short Sales, foreclosures and traditional sales all compare as well as apples and oranges -both are fruit but have quite different tastes.

Need some help with any of the above in the Brainerd Lakes area of Minnesota- just give me a call.