Would you want to learn something about how to buy a home in Cottage Grove? Learning how to buy a home can be confusing for many buyers, especially if you are a MN first time home buyer. As this process can be quite complext I would like to take a moment to share with you some tips of how to accomplish your goal.
How To Buy A home in Cottage Grove
Most Minnesota home buyers start their search for the perfect home on the internet. There are many internet sites to begin this but a good place for you to start is to use the MLS search on my personal website. There are thousands of real estate sites out there but you will soon find that many of them lack some of the important details you need when finding a home. The large national websites, for example, do not show the county property taxes for each home which is one of the biggest factors your lender will need to determine what your monthly payments will be.
Search for a home in Cottage Grove on my website
When you search for homes in Cottage Grove on my website you will find all of the available listings from all of the real estate companies in the area. Because I am part of the Multiple Listing Service (MLS), my property website will offer you complete details from every company. One of the other things I can do is to set up an advanced search for you so that I can notify you by email when listings in your price range come available.
Get Preapproved To Buy A home in Cottage Grove
How will you know what kind of price range you should be looking for? In order for you to know the amount of monthly payments you will get for a home in Cottage Grove you will have to get prequalified for a home loan. This is the important first step in the process for how to purchase a home in Cottage Grove 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’ve made your offer it usually takes about 30 or longer before you go to your loan closing to finalize the purchase of your home. During this time your lender will collect all of the necessary documentation that they need from you to finish your loan approval. They will also order an appraisal on your home to make sure the price of the home you are buying is in line. They will also order a title policy from a title company to make sure the title to your new home is clean.
Closing on your home
After you receive your complete loan approval from your lender you will be ready to close on the purchase of your new home. At the loan closing everyone gets together to sign documentation, exchange funds, and to give up property keys and welcome you to your new home. Once you’ve closed on your home you will now be a homeowner!
Info about Cottage Grove
Conveniently located just 8 miles south of Saint Paul, the city of Cottage Grove offers all the best of suburban living along with the benefits of the Twin Cities. With a little over 34,000 in population Cottage Grove offers plenty of affordable housing. Cottage Grove high school students attend one of the 4 schools, Woodbury High, East Ridge High School, Alternative Learning Center, or Park High School. Middle school students go to Cottage Grove Middle School, Oltman MS, Lake MS, or Woodbury Middle School. There are recreational opportunities available for all ages with an well-developed Park and Rec department. If you are searching for Cottage Grove please send me an email or give me a call.
Are you ready to start the process of looking for homes? Please just send me an email or give me a call as I am eager to help you begin your search for a home in Cottage Grove!
Sales Executive, Licensed Realtor in Minnesota
Woodbury, MN 55125
With a focus on Woodbury homes for sale and surrounding communities.