About Clay County, MN

First Time Homebuyer Center

Dave Werth 218-790-7653

davew@kvammerealestate.com

Kvamme Real Estate - Fargo Moorhead & Surrounding

Search All Area Homes for sale at:

www.NewRealEstateProperty.com

Fargo Moorhead First Time Home Buyers

Homebuyer Education

Purchasing your first home will be one of the biggest financial decisions you make in your lifetime. Welcome to the First Time Homebuyer Center

This is not a decision you want to go into with your eyes closed. Many times in this process you will be asking yourself "Who can I trust? What is the next step? How do I know if I am getting a good mortgage product?" Dave Werth Real Estate First Time Home Buyer Educator/Instructor is here for you!

Dave Werth works with Family Life Credit Services located in Fargo ND & Serves North Dakota & Minnesota First Time Homebuyers. Family Life Credit Services are Certified First Time Homebuyer Educators serving Fargo, Moorhead, West Fargo, Dilworth, FM Rural areas, and all of ND & MN. They offer an eight hour workshop that will educate you on all you need to know about purchasing your first home. Once you have completed the workshop you are entitled to a one-on-one counseling session where you and your homeownership counselor will develop an action plan to help you realize your dreams of owning a home. Each person will recieve a First Time Homebuyer Certificate after completion of the class.

Most communities offer incentives for First-Time Homebuyers such as Down-Payment and Closing Cost Assistance as well as below market interest rates guaranteed by the government. Many of those funding program will only be granted if you attend a Certified Homebuyer Education Workshop.

Some of the topics covered in our workshop are:

Is Homeownership Right for You?

Lifelong Money Management

Financing a Home

Qualifying for a Mortgage and the Loan Application Process

Shopping for a Home

The Closing Process

Preventing Foreclosure

Life as a Home Owner

Predatory Lending Practices

Dave encourages you to attend if you are considering purchasing a home within the next year as this workshop would be very beneficial to you. Contact Dave for dates & times the classes will be held.

The Village - Fargo

The Village Financial Resource Center is certified by the U.S. Department of Housing and Urban Development as a comprehensive housing counseling agency. Counseling is provided in the areas of pre-purchase, mortgage default, foreclosures, credit issues and reverse mortgages.

"Homebuyer Education Workshops"
Attend The Village Homebuyer Education Program to learn about purchasing and owning a home. You will also work one-on-one with a Village financial counselor to create a personal financial action plan. Local lenders, realtors and housing assistance programs will also give you ideas on making wise housing choices. Finding a home you like is just the beginning. Learning about what is involved in becoming a homeowner will save you time and unnecessary worry and will probably save you money in the process.

"Homebuyer Education Class Schedule"
Mortgage Default and Delinquency Counseling
If you are behind in your mortgage payments, the thought of losing your home can be terrifying. Foreclosures are occurring at record rates. Our counselors can help you establish a budget, set priorities, and determine the appropriate strategies to help you keep your property. Landlords and lenders are often willing to be flexible about repayment of late or missing payments. Our certified housing counselors will discuss your options and develop a plan to get you back o n track.

"Frequently Asked Questions regarding Foreclosure"

"Reverse Equity Mortgage Counseling"
Available to homeowners over the age of 62, a Reverse Equity Mortgage permits clients to tap their home equity, allowing them to increase spendable income without selling their home or making loan payments. Our counselors will review your financial situation, determine if you qualify for a home equity mortgage and help you evaluate other options for increasing income.

"Tenant Education Project"
The program is designed to give new renters essential skills to help them find and keep a decent, safe and affordable place to live. The program also teachers renters how to better their housing situation and to address problems specific to individual rental histories. Attending the class can help you recognize and address problems to make you a more marketable tenant.

Family Life Credit Services

We're Family Life Credit Services, a nationwide nonprofit Christian Financial Counseling agency founded in 1986. Our Goal is to strengthen and encourage families and individuals through Christian faith-based financial & credit counseling. We offer programs geared at educating and financially strengthening individuals, families and communities. We offer financial educational materials free of charge as well as the opportunity to work with a certified counselor in your area of need.

We offer a number of different programs which include: Credit Counseling, CreditWise, and First-Time Homebuyer Education and Workshops. Family Life Credit Services also works with independent affiliates to provide additional services.

Family Life Credit Services is affiliated with several other Christian faith-based ministries to provide services to individuals and families within our community. Our independent affiliates include a Maternity Home, Family Legal Clinic, Christian Counseling Center, Crisis Pregnancy Clinic, Christian Radio Station and a Chaplaincy Group.

Start your journey today to get back on your feet with debt relief through our non-profit agency

Dave Werth is a Fargo Moorhead First Time Home Buyer Educator you can trust. If you have any questions in regards to First Time Home Buying or any other questions, contact Dave Werth your local First Time Homebuyer Educational Realtor! Dave was the director & founder of the First Annual First Time Home Buyer Fundraiser making the classes Free of Charge to First Time Homebuyers!!!

Over the country we hear about the foreclosure infrastructure and increased number of them over the past 6 months. According to a number of sources, get ready for a massive introduction in to the 2009 year, in the spring.

According to Fannie Mae, we will be seeing numerous foreclosures in March - July which will do a number of things, good and bad. Depending upon which side of the scale you are on.

If you are looking to buy a foreclosure, lets make sure you know what you are doing and find out everythign about the house, as nightmares can be at hand, but a great deal comes along with risk. Risk reward and you might just jump into instant equity with a little fixing up here and there. Make sure of these certain conditions when looking. Roof, Windows, Heating source, all plumbing lines, basement foundation, and any major electrical that might come up. If you do your homework and estimate a cost basis per home, no problem on what you know you need to pay for the home. But don't think the estimated market value will immediately go up, but it will. If you find out what the house sold for previously and what the current market conditions are doing on a CMA from an agent, you will know what they are worth, as you want to look at the low CMA numbers not the median or average. If you can get it 20% less than the low, and that is with your estimated work into the property. Get ready to make bank. If you hold on to your investment, rent, flip, or whatever, do your numbers before you put an offer, even if it sounds like a great deal. Make the numbers work for you first.

If you are looking to sell, keep in mind, the repo's out there will lower home value's because they are also used as Comparable sales, which are lower usually than the current market conditions, bringing the sellability or high price of your home, down. Look for great deals to buy homes in 2009 and be cautious when selling because yours might just be lower than your expected due to this reason. If you can do a few things that create value, not curb appeal, or shiny new sinks, you can do alright. if you watch HG TV, remember, your market is different from there show if you don't live in the area they are airing. So what they do to improve and some shows make it easy to flip cuz these people do it on a daily basis. Increasing value to your home are some minor things, but don't put yourself upside down trying to do them either. Look at a return on your investment at even to even so if you put in 10K don't expect to get 15K more because it doesn't work that way anymore or right now currently in our market condition.

Keep your head above water, get a CMA on the one you want to buy or sell, and listen to the pro's as they are in the pits fighting for clients and make sure your agent is a good one!

www.NewRealEstateProperty.com

Dave Werth 218-790-7653

davew@kvammerealestate.com

Top lenders & Contacts for area Professionals for the 2008 year, that I have had the priviledge to work with, and guarantee there names below as they can be trusted and will be one of the best resources in the Red River Valley, bar none! Fargo Moorhead, FM Rural Area, and ND & MN is a wide area for home mortgages to be given and there are a ton of lenders in the business, so if you need financing, I promise as a Realtor, these guys are top notch! Pass along my name to them, and you will be taken care of exceptionally well and given straight information on what you need and don't need! Additional names are for your benefit as I have worked with the following individuals and believe they deserve public credit for there professionalism and hard working abilities!

Mike Muhulka - 888-308-7007 ( Choice Financial )

Jeremy Helgoe - 701-306-2404 ( Wells Fargo )

Dave Woodard - 218-299-7605 ( Bremer Bank )

Mark Wagner - 888-642-5696 ( Wagner Insurance Agency - Insurance Agent )

Dean Foell - 701-297-0254 ( Tri State Inspection, INC - Home Inspector)

Brian Johnson 701-388-5476 ( Valley Mortgage )

Ron Flemming 701-277-3123 MINNKOTA HOME INSPECTIONS - Home Inspections ronflemming@live.com

Brad Cook 651-398-5588 (Appraisers Plus) - Appraiser (Minnesota & North Dakota)

Thank you for everything you guys do and Have a Merry Christmas and a great New Year! You are the best in the business, as I have worked with a number of people in your field and you have shown the excellence in your profession!

Dave Werth

Kvamme Real Estate

www.NewRealEstateProperty.com

davew@kvammerealestate.com

Looking for a HUD home? HUD homes are FHA foreclosures that are available for sale through bidding.

My name is Dave Werth, Realtor with Kvamme Real Estate in Fargo Moorhead. If you are intersted in looking for a HUD home or HUD property, please contact me as I can help. Contact me at 218-790-7653 or email me at davew@kvammerealestate.com or visit my website at www.NewRealEstateProperty.com

Preferred pricing on HUD homes makes a difference and you should be aware of bidding a price that is going to make a difference. HUD homes are sold As Is and if you would like additional property information for each specific HUD listing, it can be obtained very easily. Each HUD property is assigned an assignment number which gives us a track record of finding each specific HUD property.

Contact Dave Werth to find out about any foreclosures near you. Financing is available for HUD homes if you would like more information, I will refer you to a few sources of financing that understand HUD homes and are familiar with all programs you may apply for.

Happy HUD Hunting to you!

www.NewRealEstateProperty.com

GRI Classes are a must if you are new to Real Estate. I just finished and cannot stress the difference it will make when you are done with continuing education. I have been selling real estate and wish I would have had this knowledge when I started. If you are looking for continuing ed., look towards the GRI classes. I didn't take it for the alphabet soup labels behind my name, but for confidence in understanding how houses work, how they don't work, how to fix them, and what consists of the entire house from head to toe and in the mechanical sense as well. Knowledge of what is correctly called what and why it is where it is, and what is jimmy rigged and what isn't. I guarantee a great educational experience and worth your time to take this one if you are looking for CEU's.

Dave Werth

Kvamme Real Estate