Would you want to learn something about how to buy a home in St. Paul? Learning how to buy a home can be confusing for many buyers, especially for the MN first time home buyer. As this process can be quite complext I would like to take a moment to share with you some basic tips of how best to accomplish your goal.

How To Buy A home in St. Paul

Most home buyers begin 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 tens of thousands of Minnesota real estate websites out there but you will soon find that many of the sites lack important details you will need when finding and pricing a home. The large national websites, for example, do not show the county property taxes for each home which is one of the most critical factors when estimating what your monthly payments will be.

Search for a home in St. Paul on my website

When you search for homes in St. Paul on my website you will find all of the listings that are on the market from all of the real estate companies in the Twin Cities area. Because I am part of the Multiple Listing Service (MLS), my real estate website will offer you complete details on every property from every company. One of the other things I can do is to set up an advanced search for you so that I can email you when properties in your price range come available.

Get Preapproved To Buy A home in St. Paul

How will you know what price range you should be looking for? In order for you to determine home much the monthly payments you will have for a home in St. Paul you will need to get preapproved for mortgage financing. Getting through the preapproval process is the critical first step for how to purchase a home in St. Paul 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 out for showings on homes in your price range. I generally recommend that we look through at least fifteen or more before you make your offer to buy one. By searching extensively you will get educated on homes that are a good value to buy. When a listing comes available meeting your needs you should be ready to make your offer since properties at a good value sell fast.

After the purchase agreement, and before closing

Once you have decided to make your offer it normally takes about 30 to 45 days before closing. During this time your mortgage lender will collect all of the documentation that they need from you to finish your loan approval. They will almost always order an appraisal on the home you are buying to make sure the price of the home you are buying is in line. They will also order a title policy to make sure you will get clean title to the home upon purchase.

Closing on your home

After your home loan has been completely approved you will be ready to close on the purchase of your new home. At this point all the parties involved get together at a title company to sign closing documentation and to exchange keys, garage door openers, etc. After you have gone through closing on your home you are ready to move in!

City of St. Paul Information

As both the capitol of Minnesota and the county seat of Ramsey County living in the city of Saint Paul is filled with things to do. Popular attractions such as the Xcel Energy Center, the Science Museum of Minnesota, and Ordway Center for the Performing Arts make St. Paul a popular destination for both its residents as well as those living in surrounding suburbs. Employment opportunities abound in St. Paul with major employers such as Ecolab, Lawson Software, Gander Mountain, and nearby 3M. St. Paul housing can be especially affordable for first time home buyers through the Ramsey County's First Home program. Residents enjoy popular regional events such as the Minnesota State Fair and the Winter Carnival. If you thinking of buying or selling a home in St. Paul please send me and email or give me a call as I'd love to help you accomplish your goal.

Are you ready to start the process of looking for homes? Just give me a call or send me an email and I am glad to help you begin your search for a home in St. Paul!

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 real estate and surrounding communities.