Buying Your First Home
This area of the site was created to help first time home buyers. Most of the information is specifically for first time buyers in the Twin Cities (Minneapolis and St. Paul, MN), but most of it applies wherever you are looking to buy your first home. You can use the site to take you from the start of the home buying process through closing and anywhere in between.
Much of the content was created by the people who bring you Sweet Home Minnesota, which includes some of the top real estate teams in all of Minnesota. The mortgage information comes from the recognized expert for first time home buyer loans in Minnesota (including those with down payment assistance), Alec Grebis from Bell Mortgage.
The most valuable topic sections for home buyers will likely be:
- Getting Off to a Smart Start
- Picking Your Team
- Special Loans for First Time Buyers in the Twin Cities
The information in there is what is most essential to today’s buyer. If you are the beginning of the process, you would benefit most by moving through the sections in order. At least that’s the way things are laid out, you can really do what ever you want, can’t you?
- Why Buy a Home
- Getting Off to a Smart Start
- Picking Your Team
- Special Loans for First Time Buyers in the Twin Cities
- Look Out! Avoid Mistakes Made by Many First Time Buyers in Minnesota
- Buying Bank Owned Homes
- Words, Words, Words
Why Buy A Home: goes through the basics in deciding whether you should buy or rent
Getting Off to a Smart Start: deals with getting yourself ready to buy a house. There are questions you should be asking yourself and steps you should be taking before you even get going.
Picking Your Team: is really the most important step to take when you get ready to purchase your first home. These are the professionals you will be relying on for advice every step of the way, so choose them well.
Look Out! goes into many of the mistakes made by first time buyers in Minnesota. Because of all the changes in the mortgage world you can not afford to take a wrong step on the path to home ownership.
Buying Bank Owned Homes: applies to over half of the first time home buyers in the Twin Cities according the the Minneapolis Area Association of Realtors. Gets into money to buy and fix up bank owned homes and more.
Words, words, words: sometimes trying to understand a mortgage lender or Realtor is more confusing than talking to some Trekkie trying to impress you with their knowledge of the Klingon language. Learn what some of these words mean.
