Buy A Home in Minnesota

A Relocate Realty Agent can help you through the entire process of buying a home in Minnesota, starting with the mortgage and continuing right through closing and beyond. We can suggest mortgage lenders or work with the mortgage person of your choice.

When buying a home, the first step is to get pre-approved for a loan.

Get Pre-approved for a Loan

Obtain a copy of your credit report and your FICO score and, if necessary, do what you need to do to improve it. Your lender will help you find out how much of a home price you can afford and if there are items on your credit report that need improving.

Determine Your Price Range, Area(s), style of home and amenities you are looking for in your new home.

How many bedrooms and bathrooms do you want? Would you prefer a newer home or an older one with established landscaping? Are hardwood floors a must? Is an updated kitchen important to you? Walk-in closets? Which features would you be willing to give up if you find the otherwise-perfect home?

This helps you narrow down your home search. You should also begin researching the neighborhoods in which you might want to live.  You may begin your search on Relocate Realty’s website, then you can begin your home search. Identify properties that seem to be fits for you, take an afternoon and go on a driving tour. See what’s available in your price range and explore neighborhoods.

With Your Agent, Begin Seriously Looking at Homes

Your Relocate Realty Agent can add to the list of homes you’ve already identified – including ones that have just come on the market. Look at homes with a critical eye – does the floor plan work for you, is the property in good condition, would it be right for your lifestyle? In short, can you imagine yourself and your family living there?

Take notes at each home you visit. What do you like and not like? Narrow down your choices; re-visit homes in which you’re interested. See them at different times of the day.

Make an Offer

When you’ve identified the home you want to buy, be prepared to help your agent prepare a written offer quickly. Your agent will be familiar with market values and will help you arrive at a price that gives your offer the best chance of being accepted.

 

Be prepared to negotiate the price and terms with your Relocate realty agent. Your agent will walk you through each step of the way.

Buy a Home in Minnesoata

Once Your Offer Is Accepted:

  • You’ll be asked to submit an earnest money deposit
  • You will have a choice if you want to have the property professionally inspected.
  • If necessary, request repairs.
  • Begin making moving arrangements (select a mover, obtain change-of-address cards, inform friends and relatives).
  • Obtain homeowner’s insurance.
  • Contact utilities (phone, water, power, etc.). prior to taking possession of the home.
  • Walk through your home right before closing
  • Obtain a cashier’s check for the down payment and closing costs.

At Closing:

  • Make sure the terms and conditions of the loan statement are correct.
  • Carefully read everything before you sign.

ENJOY YOUR NEW HOME!

Equal Housing OpportunityRelocate Realty RMLS Realtor

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