Today, we would like to offer some great first time home buyer tips for buyers here in Minnesota.

1.  Be sure to talk to a top loan offer and know what you are preapproved for before you start looking for various properties. As a first time buyer, this will save you time and allow you to know exactly what price of home you can afford.

2. Attend a first time home buyer seminar and get as much information about the buying process as you can. With our team, we strongly believe in offering free montly first time buyer classses here in MN.  Each month, the seminar is in Bloomington. It gives buyers the chance to ask all type of questions regarding the first time home buying process.

3. Plug in with a loan officer and a real estate agent that you like and you trust.  In today’s market, there are a number of various programs that offer down payment assistance. With our team, we work with Waterstone Mortgage. They have a strong focus specifically on first time home buyers and all of the various programs, grants, and down payment assistance that are available.

4. Know your credit score! Find out what your score is and what you can do to concretely improve it! Credit scores are king in this market.

5. Get to understand the $8000 tax credit! Remember that this expires as of the end of November 30th.

These are just a few tips to share with you. Don’t hesitate to contact us if you would like to attend our free monthly First Time Homebuyer Seminar here in MN.  Our forum is very laid back, and we give you a chance to air all of your questions.

For more info on this event in Bloomington, email Request@MnRealEstateTeam.com or call 952-223-1150.

Here’s to you during this exciting time of looking for your first home!

Now is certainly an outstanding buying opportunity for any and all first time home buyers here in Minnesota! The government is giving each buyer an $8000 tax credit that does not need to be repaid!

In addition, there are a number of great down payment assistance programs available to first time buyers.  Through many different state, local, county, and city programs buyers can receive down payment assistance. Our team works with Waterstone Mortgage who specialize in first time home buying financing options.

We also offer a free Minnesota First Time Home Buyer Class each month. At 3800 American Blvd W, Suite #140 in Bloomington, our team covers many of the various questions that first time buyers have:

1. What types of financing options and programs are availabe for first time buyers?

2. How does the $8000 tax credit really work?

3. When do I need to puchase a home in order to receive the $8000 tax credit?

We go over these questions and of course much, much more.

With interest rates historically low, and many foreclosure and short sale properties “on sale” here in Minneapolis and the Minnesota Real Estate Market as a whole, first time home buyers are seeing an outstanding buying opportunity.

If you have interest in learning more about this first time buyer seminar, please give us a call today at 952-223-1150 or send us an email at Request@MnRealEstateTeam.com

The Minnesota Real Estate Team has been the #1 REMAX team from 2006 through today. We take great pride in helping first time buyers at THEIR pace. We look forward to helping you.