no down payment: Northfield renters, are you ready for the house hunting opener?
- 01/23/11 04:09 AM
We are rapidly closing down on the official Minnesota House Hunting Opener which, of course coincides with Groundhog Day, February 2. Ten days from today the masses of homebuyers will wake up, fail to see their shadows, and hit the streets to find a place to buy before the lease expires in May. There will be some left behind in the rush. Some folks who are tethered to their landlords will approach the mandatory declaration of independence deadline prior to lease expiration and sign an extension in a moment of panic. Why? Why would anyone want to extend their apartment incarceration … (0 comments)
no down payment: Waiting for your chance to pay too much for a new home?
- 12/18/10 03:40 AM
Shopping for a new home is a lot like Christmas shopping. The best time to shop and buy is before the rush, while inventory is adequate and there is not too much competition for the most desirable stuff. Wait until a week before Christmas to start looking for the hottest toy of the year, and you'll probably end up on eBay bidding a lot more than list price, and you still might not get what you want. We are way past the part of the season when we complain that the retailers are rushing us. The complaints about Christmas promotions coming … (25 comments)
no down payment: Winter Walk ought to be a house hunting event too
- 12/18/10 01:31 AM
We are way past the part of the season when we complain that the retailers are rushing us. The complaints about Christmas promotions coming too early are mostly forgotten. It's just about panic mode. The good stuff is gone and the sales we were waiting for have not materialized. A month or so ago was a great time to shop, but we waited. Now, the most sought after gift items are hard to find and overpriced. There is plenty of less desirable stuff, but it's no bargain either. OK, enough about real estate. It's not March yet, and we still have … (0 comments)
no down payment: No down payment no monthly mortgage insurance loans in Scott County
- 10/03/10 06:03 AM
The USDA's Rural Development programs cover, among other areas, individual single family home mortgages. Like FHA, they guarantee home purchase loans. Unlike FHA loans, Rural Development guaranteed loans can be obtained with no down payment and no monthly mortgage insurance. The loans are fixed interest, thirty year terms. Can you qualify for a Rural Development loan? Like any financing program, there are certain requirements that you will need to meet. The main issue in Scott County is that only homes in the southern portion are eligible. The area approved for Rural Development financing begins at approximately 230th Street. Property south of … (0 comments)
We are rapidly closing down on the official Minnesota House Hunting Opener which, of course coincides with Groundhog Day, February 2. Ten days from today the masses of homebuyers will wake up, fail to see their shadows, and hit the streets to find a place to buy before the lease expires in May. 
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