If you're looking to purchase a home and don't think you have enough cash to make it happen, there may be help available. There is a division of the Department of Agriculture called Rural Development which now has funds to provide loans at low interest rates with zero down payment and no monthly mortgage insurance. There are some fairly liberal qualification requirements, but most of the folks who have contacted me can easily qualify. Just because it's the Department of Agriculture, don't think you have to buy a farm. Most residences in Rice and southern Dakota and Scott Counties qualify for this easy to obtain financing.
If you're planning on making a buying decision sometime before next June, now is the time to begin the preliminary planning. Call for a free no obligation buyer orientation and market update. We cover a lot of ground, financial preparation, market conditions, what to expect regarding paperwork, risks and rewards of foreclosure homes, and a pile of other stuff. Again, it's free, and there is no obligation, honest! If you would be interested in spending some time learning about real estate, just call me.
