Demystifying Home Buying Myths

Emotional and financial readiness is necessary in buying a home. As you begin with your home buying journey you need to expect the hitches and glitches that you may encounter along the process. First time home buyers feel more uneasy and apprehensive about the whole process because they don’t know anything how and where to start their search for the right home.  Below are the myths wrong expectations that hold back first time home buyers from choosing the right home:

Perfect Homes Do Not Exist

Sometimes home buyers expect all the homes they visit to acquire all the items they have listed in their wish list. And they feel bad and frustrated each time they bump into homes that lack the things they have included in their list. Consequently, you get disappointed by the thought that you cannot stumble on the home that has all the qualities that you want for a home. And people around you will tell you to keep looking because the perfect home is out there, just waiting to be found. Do not listen to these people. Instead, try to accept the reality that it is impossible to find a home that have all the things that you want to have. Bear in mind that when buying a home you need to make special considerations. Make your mind up on which items in your home wish list you would be willing to sacrifice.

Don’t Concentrate On Furnishings and Paint Color

Do not get blinded by the furnishings and paint color. Try to look closely on the things behind all those adornment. Perhaps, the newly painted wall is already decaying or the windows behind the beautiful curtains are not in good condition. As a buyer, you need to understand that most sellers will do everything only to hide the ugly things in the home they are vending.  Therefore, it is necessary that you inspect a home carefully.

Houses Are Inanimate Things, They Cannot Speak To You

When visiting homes for sale in open houses, do not expect the house to talk to or sway you to buy it. Remember that a house is a lifeless thing.  Therefore it does not have any emotion to communicate to you.  Do not let your emotion take over your head when choosing the right home to buy.

Purchase As Much Properties As You Can Afford

This statement used to be true but no longer applicable today. Prior to the incidence of the housing boom, people buy more homes as an investment for the future. However, the housing market has changed significantly and it is not a prudent decision to buy more real estate properties today. Purchase a home that will provide your essential needs.

Make use of our MLS MN database to search homes for sale in Minnesota.

What To Consider in Buying a Home in MN

Planning to get a home in Minnesota? Want to live in a home with calm and peaceful environment? Or place with a healthy and vibrant society? Indeed, Minnesota is the place for you!

Minnesota is one of the most ideal and perfect place to live in the United States. It is known as the “Land of 10,000 lakes” thus giving the chance for everyone to find a home with the most perfect and serene view.

Moreover, it is the twelfth largest state in the US with the highly-educated and literate populations. They have a very stable and competitive economy and vigorous tourist destinations with its lakes, waterways and other natural resources.  It is also known as a community of international arts.

Ideally, homes in MN can give you comfort, safety and luxury. Their homes are perfectly-built for families and family bonding. You can have a wide selection of homes to choose from- from a waterfront home to a ranch real state! All in its finest and top-notch quality and of course a reasonable price!

One of the most vibrant and lively community you can check out is Burnsville Valley MN. They offer fabulous prices for their first rate and excellent homes. They have single-family homes, townhouses condominiums and other home investments that are ready for purchase.

All of these houses are of different sizes, styles and designs and of course some of them have wide garage and have clear views to public highways. However, if you don’t want to miss the sun everyday and you wanted to have a beautiful and magnificent view, you can choose a home with the perfect view near it.

Furthermore, another good thing about Burnsville Valley MN is the idea that it is accessible to key and major areas like Mall of America, Minnesota Zoo, Valley Fair Family Amusement park and Mystic Lake Casino. In addition, it is located very near to Minneapolis and St.Paul areas and its international airports.


One of the easiest things you can do to check and look for a home is to utilize multiple listing services. You can get much information about homes in MN, its location and prices. It has no limitations and you can certainly pick the best and ideal home for you.

Basically, an MLS MN has a complete list of all houses that are for sale in Minnesota. These are listed by different real estate brokers and real estate agents as well. One thing you can take advantage of is the competition of realtors to get sellers. What will happen is you will meet more customer-friendly agents that offer competitive and fair price just to get clients.

So if you will be buying a house in MN make sure to utilize MLS for you to get your dream house in a very incredible price.

In conclusion, finding a home in MN will not be difficult for you. You just need to do a little research to know the place and your target home very much for you not to regret later on. However, if you really know what you want, then you are likely to get the perfect home for you.

7 Most Awful First-Time Homebuyer Mistakes

Home seeking is enjoyable, exhausting and a little bit daunting experience for first-time home buyers. But in the end of your home shopping journey, you aspire to find a home that fit to your needs at a selling price you can afford. Unfortunately, there are a lot of home buyers who commit home buying blunders that deters them from achieving their home buying goals. Therefore it is essential that you equip yourself with these tips to get the home that you want.

1. Not Identifying How Much You Can Afford

If you haven’t determined your budget yet for buying a home, you can simply start by creating a list of all your monthly expenses like vehicle or transportation costs, student loan payments, credit card payments, groceries, health insurance and so on. Also, do not forget to include your annual fees and expenses. Deduct its total from your income and you’ll know how much you can spend for your mortgage. You have to identify how much you can afford because, if you will end up finding homes that are not within your budget. And just make you long for a property you cannot afford.

2. Skipping Mortgage Qualification

Get pre-approved first for a loan before beginning home shopping so you will know how much the bank would lend you. If you will skip this step, you will be wasting time dealing with the seller, the seller’s agent and your own agent if you sign a contract and learn soon after that the bank is not willing to lend you what you the amount that you need. Be wary that even if you have get pre-approved for a mortgage, you may encounter with your loans at the last minute, if you make major purchases like buying a new car before closing the deal.

3. Not Preparing Yourself For Additional Expenses

Once you finally acquired the home that you want, you will be spending for additional expenses aside from your monthly payment. Now that you no longer rent, you will be responsible for paying property taxes, buying an insurance covering your home against disasters and making any major repairs the home needs like expensive items like a new roof or a new furnace.

4. Being Too Choosy

Naturally, first-time home buyers want to get the best home for them. They search for a home that will provide them comfort and one that fits their needs. But don’t be too inflexible when creating your home wish list because most often than not this prevent home seekers from acquiring their own home.

5. Being Overemotional and Overexcited

Doing minor upgrades and home remodeling are few of the tricks home sellers do to deceive you and play with your own emotions so they can sell their property to you at a higher price than its actual selling price. If you have a sufficient budget, find homes that full potential has yet to be attained. In addition, first-time home buyers should search for homes which they can add value to.

6. Failing To Inspect

Before signing the contract do not forget to conduct a home inspection in the home that you wish to purchase. You would not want to buy a property that will bring you a lot of repair problems and headaches. Hire a professional home inspector who can help you examine the current condition of the home. Failing to inspect a home before buying it could cost you a lot of money and pose you to potential danger (asbestos exposure or other hazardous home defects).

7. Not Choosing to Hire an Agent or Using the Seller’s Agent

Make sure that you hire an experienced real estate agent if it is your first time to purchase a home and you know that you are not equipped with home buying information. They are knowledgeable of the market and can surely help you find what you want and protect your best interest as a buyer.

Make use of our MLS MN database to search homes for sale in Minnesota.

The Exciting Part Of Home Buying

Much has been said about the home buying process being a tedious one. But there’s one part in the process that many realtors and homebuyers would tell you is exciting and that is the part where you pick the home to buy.

This post is not about the tips on how to pick the property to buy but more of a walkthrough to help prepare you for this step.

You have to start with consulting an MLS whether online or not. You can use our MLS MN online tool right here for that. You can narrow down the selection using different criteria like number of rooms and number of bathrooms. You can even save your searches so that you can make the same search again without having to set the criteria the next time.

After that, you would then have a shortlist of houses that you are interested in. Contact your real estate agent to set a showing. Your list can include anywhere from 3 to 20 or even more. Personally, I make sure that I plot a route so that we can view all of the properties on your list as efficiently as possible. That means while we are moving from one property or another, you will also get to see the communities surrounding the property in question.

Once that step is completed, you do not have to immediately decide on which property to buy. You can set a second showing. This time around, you would have an even shorter list with only the best of the best on it.

A side note though, before you reach this process, it would be a big plus if you are already pre-qualified and pre-approved. That way, you would know how much you can afford. It would help you weed out properties that might be out of your reach financially.

The second showing is where you will focus more on the houses. You would spend more time looking at the property during this step thus allowing to have a better feel for it.

Not all second showing leads to a sale though. Sometimes, you would end up finding some things that you would not like in all the properties in your short list. If such a situation comes up, don’t force the issue. Do not buy for the sake of buying. Sooner or later, you would find a house that you would fall in love with so keep on searching and let us help you do that.

Contingencies in Real Estate Contract Basics

 Much has been said about how important each step of the home buying processes is. When it comes to spending a large amount buying something that should always be the case right? To give you a real sense of just how important each step in the home-buying process is, let’s look at one step which is fulfilling contingencies in real estate contracts.

Simply put, a contingency is a condition set by the buyer or the seller that should be met before the sale is made final. There are several contingencies that come to mind that every first-time home buyers should know and I’ll list them below to give you a better look at this step in home-buying.

1. Inspection of the property. The buyer should have this as a conditional. Before you buy a home, you need to know that it is in good condition and for that, an inspection of the property is needed. Once the inspection is completed and the buyer deems that there is a problem with the property, he or she can renegotiate its final price.

2. Financing for the buyer. This is the sort of contingency that is very normal and obvious is that the buyer should secure financing before both parties agree to a deal.

3. Disclosures from the seller. As the buyer, you should know all known issues about the property that you are going to buy. The seller should provide you with a disclosure of the issues without which, the sale would not go through. It is a contingency that would protect your investment.

4. Timeframe for specific occurrences. Time is money and both seller and buyer need to be able to complete the deal with as little snag as possible. Having a condition that the deal will only go through if both parties complete certain things by a certain date would make things easier and faster for both sides.

Going through the list of contingencies can be a hassle especially if there are a lot of things involved. We are here to help you with the whole buying process so don’t hesitate to contact us.


Are You Ready To Buy A Home? What Type Of Buyer Are You?

 The American Dream is having your own home but unfortunately, many people are finding it close to impossible. Then, there are people who finally reached the dream but because they bought their home at the wrong time and under the wrong situation, they find it more of a nightmare than a dream. If you do not want to end up living a nightmare then you should first ask yourself if buying a home today is really the right thing to do.

Buying a house is not just an investment. It is a commitment and if you think that buying now is the best course of action for you, then you should be committed to make your plan of buying a home a reality.

There are different types of home buyers and you need to determine what type you are before you can make any significant move going forward. There are three common types and they are the following:

1. People buying a home because they are relocating. Are you going to relocate because your job requires you to do so? It could also be as simple as wanting to move to a different part of the country or state. People who belong to this group do not necessarily have to buy. There is also the alternative of just renting a property.

But if you are going to permanently relocate, then buying a house is the best move for you but it does not necessarily mean that you should buy as soon as you move. You can rent for a while as you save up the money needed for the down payment for a new home. You can also sell your current property and use the proceeds on your new purchase.

2. People who want to upgrade or move to a bigger house. If your family is getting bigger for your current house and you have the funds to afford a new and bigger home, then you belong to this group. If you want to upgrade but you cannot afford it yet, there are options available to you. You can sell your current property and use the money from the sale to pay for the new and bigger home, rent for a while, or just stay in your current house as you save for a new home.

3. People who are buying for the first time. This people in this group are more prone to making mistakes in buying a home because of the lack of experience. If you belong to this group, it is recommended that you do your homework and learn about how the home buying process goes. It would also be a good idea to ask real estate agents to help you out.

No matter what group you belong to, do not hesitate to contact us if you need any help looking for homes for sale in Minnesota.


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