Minnesota first time buyers are usually surprised when I show them all of the affordable South Saint Paul homes for sale. The fact is that the housing affordability index in Minnesota has not been this favorable in decades. While many renters have only read the negative press about values in real estate, others have seen it from a completely different angle With the incredible combination of lower property values and historic low interest rates will make your house payments quite often lower than your rent payments. So if you would like to meet with me and talk about becoming a Minnesota first time home buyer, I'm eager to talk with you about the possibilities.

South Saint Paul: A Great Place To Live

Just a little bit south of Saint Paul you will find a city with 20,000 residents called South Saint Paul. Steeped in Minnesota history, South St. Paul is one of the historic large meat packing districts in America. Due to its location within Dakota County qualifying Minnesota first time home buyers can stand to benefit from the Dakota County first time buyer program. With a good Park and Rec program available in South Saint Paul there are plenty of recreational activities for anyone. With plenty of affordable housing available this is a great place to search for homes for the MN first time home buyer. Are you ready to search for homes in South Saint Paul? Please take a moment to give me a call or send me an email!

The great news today is that there are beneficial programs for the MN first time home buyer available with small down payments and expanded credit guidelines. Unlike a few years ago, popular options include great fixed rate financing insured by the federal government such as VA and FHA. In addition to those, some conventional mortgage financing has cropped up such as on select fannie mae foreclosed homes known as Home Path financing.

MN Down Payment Assistance Programs

In addition to State of MN down payment assistance funds many local communities offer programs of their own as well. Each of these programs vary in terms of qualifications required to access the funds. Depending upon when you are reading this these programs may or may not be funded so we can check on it when you call me.

Get Pre-qualified

The first step in the home buying process is to get preapproved for mortgage financing. This means that you meet with a local mortgage lender who will review your financial situation. In this discussion they can tell you what types of Minnesota first time buyer programs you might be qualified for. This important first step can be done right over the phone and most lenders will arrange to talk with you when you're off work, even in the evenings or weekends.

Today's housing affordability index is so low it makes it a great time to look into buying South Saint Paul homes for sale. If you are tired of the steady increase of rent payments take this opportunity now to learn more about the benefits of buying your first home in Minnesota. I've worked with many first time home buyers before and am glad to answer any and all of your questions. Simply shoot me an email or give me a call and let's see what might be possible!

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 homes for sale and surrounding communities.