Most Minnesota first time home buyers are totally surprised when I show them the incredibly affordable St. Louis Park Real Estate available these days. The fact is that the housing affordability index in Minnesota has not been this low in years. While many renters have only read the negative press about values in real estate, others have seen it from a completely different angle With the incredible combination of lower property values and historic low interest rates will make your house payments quite often lower than your rent payments. So if you would like to talk about becoming a MN first time home buyer, I would truly love to talk with you.
In order to take advantage of today's great real estate values, there are three easy steps to get started.
Step 1: Let's Discuss Your Goals
There are many more things to consider when buying a St. Louis Park home than the monthly mortgage payment. I will want to discuss with you what your short and long term goals are for buying a house. After learning more about what you want to achieve we will talk about the types of homes for sale, ideal locations, as well as how to get a great value. Depending upon when you want the move to happen we will discuss the benefits of buying from a traditional seller versus a short sale. After our discussion I will set up a listing search of all the homes that could possibly meet your needs.
Step 2: Get Preapproved For A Loan
Before we start looking at listings, you need to get preapproved. The only way to know how much you can afford for monthly payments as well as down payments, you will need to get preapproved through a lender for mortgage financing. When you have a discussion with your mortgage broker, you will learn about all of the excellent programs available for MN first time home buyers. Did you know that there are down payment assistance programs for St. Louis Park first time buyers that can help you with as much as $8,500 for down payment? The only way to determine your eligibility as a buyer is to get preapproved for a mortgage loan.
Step 3: Let's Start Looking At Houses
Once you have been preapproved we can start looking at houses. After looking at so many homes on the internet, this is the fun part of the whole process. We will look at as many homes as it takes before you find the one that ideally suits your needs. Once we find one, your mortgage lender and I will guide you through writing an offer, finalizing the loan and closing on your home!
Saint Louis Park Community Information
As one of the largest inner ring suburbs to Minneapolis, St. Louis Park has become a popular location for the Minnesota first time home buyer. With plenty of affordable homes for sale, residents of St. Louis Park have access to major employers in Minneapolis, Plymouth, Hopkins and Minnetonka. Major employers in Saint Louis Park, Minnesota include the Novartis, Park Nicollet Clinic, and Japs Olson. Now famous as being the birthplace to the movie directors Joel and Ethan Cohen, St. Louis Park is also the hometown of Senator Al Franken, football coach Marc Trestman, and New York Times columnist Thomas Friedman.
Are you ready to get started with the process of buying your first home? Please email me and we'll start talking about what you want for your St. Louis Park home!
Casey Anderson
Sales Executive, Licensed Realtor in Minnesota
IBR Realty
caseyanderson@ibrrealty.com
Cell 651-245-1820
Woodbury, MN 55125
With a focus on Woodbury real estate and surrounding communities.
