Explore Eden Prairie, MN

By Our Home Team
(Our Home Real Estate )
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  Unexpected repairs For $300 - $500 a professional inspector will conduct a thorough inspection of the home. This way, you’ll have an idea of the cost of future repairs. Make the final contract subject to a favourable report. Shopping without pre-approval It only takes a few days to get financi...

By Our Home Team
(Our Home Real Estate )
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Buying a mis-matched home What do you need and want in a home? Sounds simple. Yet, clearly identifying your needs and bringing an objective view to home shopping, leaves you in a better position. Sometimes, home buyers buy a home that is too large or too small. Perhaps they didn’t consider the d...

By Our Home Team
(Our Home Real Estate )
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Avoid The Most Common Buyer Errors     Shopping for a new home is an emotional experience. It’s also time consuming and  comes with a myriad of details. Some buyers, however, caught up in the excitement of buying a new home tend to overlook some items. Their home purchase turns into an expensive...

By Our Home Team
(Our Home Real Estate )
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Where the money for the transaction will come from. Typically homebuyers will need some money for a down payment and closing costs. However, with today's broad range of loan options, having a lot of money saved for a down payment is not always necessary - if you can prove that you are a good fin...

By Our Home Team
(Our Home Real Estate )
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Your financial health - your credit and home affordability. Is now the right time financially for you to buy a home? Would you rate your financial picture as healthy? Is your credit good? While you can always find a lender to lend you money, solid lenders are more skeptical if your credit histor...

By Our Home Team
(Our Home Real Estate )
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How long the home will meet your needs. What features do you require in a home to satisfy your lifestyle now? Five years from now? Depending on how long you plan to stay in your home, you'll need to ensure that the home has the amenities that you'll need. For example, a two-bedroom dwelling may ...

By Our Home Team
(Our Home Real Estate )
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    Thinking about purchasing a home of your own? Keep these critical considerations in mind: How long you plan to live in the home. If you purchase a home and get a job transfer or decide to move after only a short time, you may end up paying money in order to sell it. The value of your home ma...

By Our Home Team
(Our Home Real Estate )
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    A qualified, competent real estate agent will help you navigate the myriad of decisions that arise when buying and selling a home. An agent provides value to the homeowner in many ways: Pays for all marketing and advertising costs. Adds experience and expertise in all aspects of the sales pro...

By Shawn Gerhardson, Top Rated Mortgage Professional
(Waterstone Mortgage NMLS#186434)
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If you are looking to purchase a home in Eden Prairie, Minnesota here are some demographics of the area that I thought would be useful to you. If you are moving to the area and would like help with financing or would like me to refer a realtor to you I would be happy to do that for you as well.Ed...

By Our Home Team
(Our Home Real Estate )
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#10 Post-Closing   Congratulations on the purchase of your new home! Now that you have taken ownership of the property you will need to have your local services such as electricity, cable, and phone set up. Also, you should already be aware of the expenses that are typically associated with ownin...

By Our Home Team
(Our Home Real Estate )
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#9 Closing   Closing is where ownership of the home is legally transferred from the seller to the buyer. It is a formal meeting in which most parties involved in the buying/selling process will attend. Closing procedures are usually held at the title company's office or lawyer's office. Your clos...

By Our Home Team
(Our Home Real Estate )
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#8 Pre-Close Preparation   A the closing date draws near you will need to be in contact with the escrow company or closing attorney and your lender to make sure that all the necessary documents are being prepared. You will also need to confirm that the documents will be delivered to the correct l...

By Our Home Team
(Our Home Real Estate )
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#7 Vendor Coordination   After your offer has been accepted, the property will need a thorough examination. Working with your lender, you may need to have a formal appraisal and a survey done for the property designated in the contract. A property inspection, a foundation inspection, and an envir...

By Our Home Team
(Our Home Real Estate )
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#6 Negotiating to Buy   Once your offer is made there may need to be some negotiating in order to reach an agreement. Keep in mind that almost everything is negotiable when you are buying a house. This can give you a great deal of leverage in the buying process, that is, if you have adequate info...

By Our Home Team
(Our Home Real Estate )
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Making an Offer                                         Now that you have found the home you would like to purchase, it's time to make an offer. Taking into account the recent sales of homes in that neighborhood which are similar in size, quality, conveniences, and amenities, what are you willing...

By Our Home Team
(Our Home Real Estate )
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#4 Home Search   There are a few ways to go about doing this. You can access local publications highlighting available real estate in the area, you can contact local Neighborhood Associations, visit the local Chamber of Commerce, look on the Internet, and you can even drive through neighborhoods ...

By Our Home Team
(Our Home Real Estate )
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#3 Neighborhood Information   Now that you have your list of needs and wants and you know how much you can afford to spend, it's time to look at some houses! Well, not just yet. Step back for a moment and consider the larger picture. People don't just buy a house, they buy the neighborhood the h...

By Our Home Team
(Our Home Real Estate )
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#2 Preapproval vs. Prequalification   Now that you have your list of features you want in your new home, you are ready to start looking! Well, not just yet. You are going to need to know in what price range to look. There are two ways to go about this. You can get prequalified or preapproved for ...

By Our Home Team
(Our Home Real Estate )
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1 Needs Analysis   Congratulations on your decision to purchase a new home. Your first step toward buying your new home will be to analyze your needs. By analyzing your needs you will be able to get a clear picture of exactly what you want your new home to look like and how it should function fo...

Eden Prairie, MN Real Estate Professionals