Mortgage myths

Home Buying Advice That Is So Yesterday

Home Buying Advice

One thing I know for sure is the passage of time always brings change in its wake. Fashion, food, hairstyles, home décor, and lifestyles have become extremely sensitive to trends. Some embrace change and others fight it.  Whichever the case, a constant we can depend on is trends are going to come and go regardless.

Sifting Through The Mount Everest of Home Buyers Advice

Along with changes in style, there is an incredible amount of advice available about what we should hold on to and what we should let go. Real estate is no different, and it is essential that we weed through all the bits and pieces of information and discover what is still meaningful and what no longer serves us when we decide to put a roof over our heads.

Purchasing a house is the most expensive buy of a lifetime for most of us. It is predominately a joyful experience, but a certain amount of stress is inherent in the process, especially for first-time homebuyers. We want to make the right choices, so we look for advice from family, friends and the internet. But with so many tips out there, how do we know which are keepers and which we should ignore? Here are several pieces of home buying advice that have not met the test of time.

You Will Always Be Better Off Owning Than Renting

Home Buying Advice...

First-Time Buyer Mortgage Myths

First Time Home Buyer Mortgage Myths

First Time Home Buyer Options in the Twin Cities

It’s an indisputable fact that buying a home today is a complicated process. It can be especially intimidating for a first-time buyer. Also, there is a severe shortage of inventory in the category of entry-level homes making the transition into homeowner a challenge. The home buying process in the Twin Cities Metro is not as simple as searching for a house, finding one that suits you, making an offer and going to closing. Although these are indeed the basics, it is not the complete picture. There are a lot of pesky details that are not understood and become fertile ground for the seeds of mistaken beliefs.  The topic that seems to represent the most confusion is obtaining a mortgage. Let’s take a closer look at some of the most common myths about mortgage eligibility.

First Time Home Buyer Mortgages and Myths

Many people still believe you need a 20% down payment to buy a home in MN. No, you don't. Although a buyer needs to put 20 percent down on a home to avoid paying Private Mortgage Insurance, most can buy a house with much less money. When you look at real estate market statistics...

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