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Take the worry out of buying a home in Minnesota

Real Estate Agent with EXiT Three Rivers Realty

January 24, 2009 03:16 AM

Take the worry out of buying a home in Minnesota

In today’s real estate market many Minnesota home buyers face overwhelming odds that the home they fall in love with will be a foreclosure. Some Minnesota home buyers are choosing to wait to purchase a home with hopes to avoid having to deal with foreclosures in Minnesota. This just might be a costly mistake and before making that decision let me share with you some tools that may bring you to easy, allowing you to take advantage of the Minnesota housing market and rock bottom interest rates.

Foreclosure Bus Tour - Foreclosure PowerTour

In today’s real estate market many Minnesota home buyers face overwhelming odds that the home they fall in love with will be a foreclosure. Some Minnesota home buyers are choosing to wait to purchase a home with hopes to avoid having to deal with foreclosures in Minnesota. This just might be a costly mistake and before making that decision let me share with you some tools that may bring you to easy, allowing you to take advantage of the Minnesota housing market and rock bottom interest rates.

Home Warranty of America believes that your first year in the home is not the time to worry about major repairs. HWA offers an exclusive 13 month warranty plan on the major mechanical systems and appliances in your home and is backed by superior service.

Home Warranty of America
Explains Their Program

The Advantages of HWA Warranties:

Full Coverage for every buyer
Your Repairs are done right by the best technicians available
Service is just a convenient toll-free phone call away – 24 hrs a day, 7days a week
Your Satisfaction is GUARANTEED
You can request a home warranty in your purchase agreement and have the seller pay for your warranty
There is a GreenPlus option that can be added

Additional Precautions You Should Take

Hire a Minnesota Realtor that specializes in representing buyers of Minnesota foreclosures, REO or bank owned properties
Attend home buying seminars/workshops that focus on educating buyers of not only the process of buying a home but how the current Minnesota real estate market conditions effect your choices as a buyer
Become familiar with special addendums the seller (the bank) may require you to sign after they already accepted your offer
Find out what your realistic move in time is after closing on the home
Request that all utilities and mechanicals are working prior to your home inspection and continue to work through your closing
Get a professional home inspection
Understand that all though at the time of the purchase agreement there may be appliances in the home many sellers of the foreclosures in Minnesota do not guarantee these appliances in their purchase agreement
Be prepared for some hick ups along the way

It is understood that buying a home is stressful and comes with some risks. The better prepared and educated you are on the Minnesota real estate market and the effects foreclosed properties have on your purchase you can devise a plan that is right for you.

It is our commitment to providing you with a road map for success that you can personalize to your unique and individual situation. Join us Jan 27^th for a FREE, NO OBLIGATION, educational buyers seminar to your learning today. Knowledge is Power!