Why Minneapolis homebuyers prefer BuyRentSell.com
Buying a new home in the Minneapolis and St. Paul area starts with choosing BuyRentSell.com. We offer excellent service and top value every step of the way. Here’s how:
Expert Realtors to guide your steps
Buying a home is complex, and with a professional Realtor there to guide you, you can feel great about the home you’re moving in to. Is that counteroffer fair? What’s this document mean and are there red-flag issues hiding in the boilerplate language? Your Realtor at BuyRentSell.com will be right there to explain, identify issues of concern and advise you on next steps.
Deep familiarity with the Twin Cities market
Even lifelong residents of the Twin Cities can use a Realtor’s help to find the perfect place to call home. If you’re relocating to the Minneapolis area, we’ll be the boots-on-the-ground team to help you find the perfect new residence. Here’s how we help with out-of-state house hunting.
A network of trusted professionals
Before move-in day, there’s so much that needs to get done. And there’s not always time to knock out these projects ourselves, like painting the house or adding an electric outlet or even packing your belongings. BuyRentSell.com works with many top-rated home service and moving day professionals throughout the Twin Cities area. We’ll connect you with vetted contractors that you can trust.
Complimentary moving truck
At BuyRentSell.com, we offer a moving truck to our buyers and sellers relocating within the Twin Cities area, free of charge. It’s just one more thing you won’t have to worry about when moving day arrives!
Ready to meet your BuyRentSell.com Realtor?
What you need to know before you buy a home
Getting ready to buy? Here are some things you can expect, and what you can do to prepare.
Your financial documents
Create your green file, which should contain the following documents: bank accounts, credit card statements, loans (auto and student debt), tax returns and property leases.
Your credit history can have a big impact on your mortgage rate, so make sure you take out that loan in the best possible financial position. Check your banking institution for your credit rating. Download copies of your free credit report. If you find information that’s incorrect, start the process of disputing it immediately.
A 15-year loan can save you a ton of interest. At the same time, a traditional 30-year can give your budget a cushion when you need it. Your lender and Realtor can help you with the pros and cons of each type of loan.
Before you start house-hunting in earnest, a pre-approval letter from your lender is a must. This will help you figure out exactly how much you can afford. Having this document also sends an important signal to sellers that you’re a serious buyer — which is essential in this tight market. If you’re looking to buy a luxury home, here’s how you can stretch your dollars.
The Twin Cities housing market is tighter than ever, and having a Realtor is key to creating offers that sellers will consider — while also watching out for your interests. Counteroffers and rejections are stressful, but remember these are part of the negotiation process, and we’ll be there to guide you through it.
In everyday terms, you might think of the escrow as a “pending sale.” This is the phase where buyers do their due diligence to make sure the property is in good condition and secure a loan, while sellers hold off on actively selling the property. At this stage, you’ll need to present some earnest money, 1-3% of the selling price of the home, to show you are serious.
While a professional inspection of your house isn’t required, it’s difficult to overstate how important they are when it comes to protecting your financial interests (not to mention your safety). Learning about potential problems and structural issues can give you time to renegotiate or even back out of the deal.
That magic moment when you get the keys to your new home! After the loan’s approved and the funds are transferred to the seller, you get the deed to the property and the deal is closed. Take time to celebrate!
Getting ready to buy? Contact BuyRentSell.com today!