Are you wondering about how you go about buying a home in Woodbury? The process of how to buy a home can be confusing for many people, especially first time home buyers. Since the process can be a bit complicated I would like to share with you some tips of how to accomplish your goal.
How To Buy A home in Woodbury
Most MN home buyers begin their process of buying a home on the web, of course. There are many places to do this but a good place for you to start is to use the MLS search on my personal website. There are tens of thousands of Minnesota real estate websites out there but you will soon find that many of the sites lack important details you will need when finding and pricing a home. National real estate websites do not show the annual property taxes due for each of the property listings which is a crucial factor when determining what your monthly payments will be.
Search for a home in Woodbury on my website
When you search for homes in Woodbury on my website you will find all of the available listings from all of the real estate companies in the area. Because I am a member of the Multiple Listing Service (MLS), my real estate website will offer you complete details on every property from every company. I can also set up a specific MLS search for you so that I can email listings in your price range as they come available.
Get Preapproved To Buy A home in Woodbury
How will you know what kind of price range you should be hunting for? In order for you to determine home much the monthly payments you will have for a home in Woodbury you will need to get preapproved for mortgage financing. Getting preapproved is the most important part of the process for how to go about buying a home in Woodbury Since there is no cost or obligation when you get prequalified by one of our local MN mortgage lenders, you should do this right away so that you can clear any roadblocks there might be in the process of getting a home loan.
Let's go look at homes!
After you have been preapproved by a Minnesota mortgage lender I will take you to available listings in your price range. I usually suggest that we look through at least 15 or more of these before you make your offer to buy one. By doing a thorough search you will know homes that are a great value to buy. When a home comes available that meets your needs you should be ready to make your offer since properties now sell fast.
After the purchase agreement, and before closing
Once you have made your offer it normally takes about 30 to 45 days before closing. Throughout this time your lender will collect all of your documentation they require from you to complete your loan commitment. Additionally they will order an appraisal on the home to estimate the value based on the sale of other homes. They will also order a title policy from a title company to make sure the title to your new home is clean.
After your home loan has been completely approved you will ready for closing. At this point all the parties involved get together at a title company to sign closing documentation and to exchange keys, garage door openers, etc. Now that you have closed on your home you are now ready and able to move in!
Woodbury MN Info
If you are looking for Woodbury real estate you'll find this to be one of the more prosperous communities in the Twin Cities metropolitan area. The community has grown rapidly over the last 20 years and was ranked 13th in Money magazine's best places to live in the United States. With a combination of stable economy and excellent schools, Woodbury, Minnesota is a great place to consider raising your family. The system of parks, trails, and open spaces in Woodbury is noted by its residents as one of the more important reasons they live here. If your family is into active sports be sure to check out the Bielenberg Sports Center with its indoor ice rinks and complex of baseball and soccer fields. Woodbury also offers an excellent parks and recreation department with activities for both young and old.
Do you believe you're ready to start the process of searching for homes? Just send me a quick email as I am glad to help you begin your search for a home in Woodbury!
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.
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