real estate: Zero Down Home Loans are Back in Minnesota!
- 10/10/08 10:05 AM
Yes, you can buy a house for Zero Down in Minnesota! My loan officer Chad found a Zero Down home mortgage loan. Interest rates are Fixed between 5 and 6% for 30 years. House payments are Cheaper then Rent It never hurts to call to see if you Qualify to buy house or town home. Just let me know What city you want to live in? How many bedrooms you want? And if you want a house or a town home? You can call Chad or I can have him give you a call. Call Jay with Direct Realty http://www.foreclosurefirstcallforhelp.com/ 612-965-0937 … (0 comments)
real estate: Paper Work you Need to Get a Mortgage Loan in Minnesota
- 10/09/08 04:45 AM
The following is a check list of items you will need to give your Minnesota loan officer. First, W-2 forms - or business tax return forms if you're self-employed - for the last two or three years for everyperson signing the loan. Second, copies of at least one pay stub for each person signing the loan. Third, account numbers of all your credit cards and the amounts for any outstanding balances. Fourth, copies of two to four months of bank or credit union statements for both checking and savingsaccounts. Fifth, lender, loan number, and amount owed on other installment loans, such … (0 comments)
real estate: How Home Owners in Minnesota Qualify to do a Short Sale
- 10/09/08 04:33 AM
There are several conditions that home owners in Minnesota need to qualify for to sell their house using a short sale. Short sales is a hot buzz phrase. Some sellers who decide that their home won't sell at the price they had imagined often start to wonder if they should do a short sale. A short sale doesn't always solve problems, but it most assuredly can create problems. Short sales are not the "saving grace" some home sellers would like to believe. What is a Short Sale? A short sale happens when the lender is shorted on a mortgage, meaning the … (0 comments)
real estate: How to Find Short Sales in Minnesota
- 10/09/08 04:22 AM
Finding a short sale in Minnesota is like finding a pot of gold at the end of the rainbow. A reader asks: "How can I find short sales online from MLS listings? Some of the listings say it's a short sale but some do not. I know my agent can figure out which ones are short sales. Is this information not available to the public?" Answer: Every MLS system is different, so short sale listings aren't always evident. There seems to be a movement toward identifying short sale listings because of commission disputes. When agents fight over money, systems are often … (0 comments)
real estate: Factors that Affect Your Credit Score
- 10/09/08 03:47 AM
There are several factors that can influence your credit score. Credit scores range between 200 and 800, with scores above 620 considered desirable for obtaining a mortgage. The following factors affect your score:First: Your payment history. Did you pay your credit card obligations on time? If they were late, then how late? Bankruptcy filing, liens, and collection activity also impact your history.Second: How much you owe. If you owe a great deal of money on numerous accounts, it can indicate that you are overextended. However, it's a good thing if you have a good proportion of balances to total credit limits.Third: … (0 comments)
real estate: City of Plymouth Ranks # 1 as Top 100 Places to Live in Minnesota
- 10/09/08 03:41 AM
The City of Plymouth is a wonderful place to live, work and raise a family in Minnesota. The City of Plymouth has top notch schools, good jobs, affordable housing, low crime, an active outdoor culture - yep, they're pretty much all here. Plymouth could have become just another Twin Cities suburb, but more than 50,000 jobs keep residents working there. Home prices are within reason: The typical three-bedroom, two-bath house goes for $350,000. The city's main school district is ranked among the top three in the state, and for culture, Plymouth's open-air amphitheater, the Hilde Performance Center, hosts numerous summer concerts. … (0 comments)
real estate: Before You Buy a Short Sale in Minnesota
- 10/08/08 10:38 AM
There are a few things you should consider before you buy your next home at short sale pricing in Minnesota. Hire an agent with short sale experience. It's one strike against you if the listing agent has never handled a short sale, but it's even worse if your own agent has no experience in that arena. You need an experienced short sale agent. An agent with experience in short sales will help to expedite your transaction and protect your interests. You don't want to miss any important detail due to inexperience or find out your transaction is not going to close … (0 comments)
real estate: $7,500 Tax Credit Available to First-Time Homebuyers in Minnesota
- 10/08/08 10:29 AM
First time home buyers in Minnesota are eligible for a tax credit. First-time homebuyers can receive a $7,500 tax credit on homes purchased before July 1, 2009. Tax credits are special provisions that reduce income tax liability on a dollar-for-dollar basis and are claimed on your income tax return. The maximum credit is $7,500. For example, if you have a total tax liability of $8,000 on your federal income tax, after the first-time homebuyer's credit is applied, all but $500 of the tax will be eliminated. The new $7,500 tax credit is designed to provide an incentive for first-time homebuyers to … (0 comments)
Yes, you can buy a house for Zero Down in Minnesota!;)
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