Sunday, February 1, 2009

Hundreds of Answers for First Time Minnesota Homebuyers


First time home buyers can have dozens of questions as they move through the process of purchasing their piece of the American dream; the very first home of their own. Some questions are general in nature and some can be very specific to a particular property or location.

Specific questions on any home in the Twin Cities north metro area are best handled by a REALTOR® who knows Anoka, Chisago and Washington Counties, but wouldn’t it be great to have an on-line resource for the most basic of the questions? Absolutely...In fact, there is an awesome source available online.

The US Department of Housing and Urban Development, better known as HUD, has created a website with the top 100 most commonly asked questions regarding real estate and the process of how to buy that first home. To make it easier for a potential buyer to find answers, the questions are broken down into ten areas:
  1. Getting Started

  2. Finding a Home

  3. You’ve Found It

  4. General Financing

  5. First Steps

  6. Finding the Right Loan

  7. Closing

  8. How Can HUD and FHA Help

  9. Mortgage Insurance

  10. FHA Products

Here are a few sample questions:

HOW DO I KNOW IF I'M READY TO BUY A HOME?

WHAT SHOULD I LOOK FOR WHEN WALKING THROUGH A HOME?

IS AN OLDER HOME A BETTER VALUE THAN A NEW ONE?

HOW CAN I FIND INFORMATION ON THE PROPERTY TAX LIABILITY?

WHAT DOES A HOME INSPECTOR DO, AND HOW DOES AN INSPECTION FIGURE IN THE PURCHASE OF A HOME?

Answers to these all of these questions and over 90 additional, can be found at the HUD website.
If your questions are more specific and you live in or are relocating to the north and east Twin Cities metro area, contact me. I love assisting first time homebuyers! You can use that handy little TEXT ME widget on the side of the blog, give me a call or send an email.

If you are buying or relocating to Minnesota and need help from a professional REALTOR®, give me a call or visit my website for a FREE Relocation Packet or Homebuyers Success Packet. I specialize in acreage and lakeshore properties in the north and east Twin Cities metro area including Ham Lake, Lino Lakes and all communities in the Forest Lake School District! Serving Anoka, Chisago, Ramsey and Washington Counties in Minnesota.

Copyright 2009 Teri Eckholm http://www.terieckholm.com/


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