Home Buying Blogs – Twin Cities

Home Underinsured? What Not Having Enough Insurance Means For Homeowners

Everyone knows that home insurance is important for protecting their home along with everything and everyone in it. However, many homeowners don’t have enough insurance, and oftentimes, they don’t even know it. Being underinsured is risky for homeowners, and it’s estimated that approximately 66% of homes doesn’t have the insurance that it should. Homeowners need […]

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What Is Loan Discrimination?

Getting a mortgage is the most important part of buying a new home, because without a home loan, it’s impossible for many people to purchase a house. Some homeowners have a fear that they may be denied for a loan because of their religion, ethnicity, or sex. While mortgage discrimination is illegal, some lenders may […]

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What to Know About Home Equity

Soon-to-be homeowners have likely heard the term “equity” by their real estate agent, mortgage lender, and other housing industry professionals. But what exactly is equity, and why is it so important to have? Here is what all homeowners and home buyers need to know about having equity in a home and what it means for […]

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What Happens When You Inherit a Home?

Inheriting a home is a lot different than inheriting furniture or a car, and it can be a complicated process while also going through grief. Those who know they are in line to inherit a home should know what will happen with it before their loved one passes in order to relieve excess stress they […]

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What to Do if Your Home Is Underwater

When a home is underwater, it isn’t literally under actual water. When someone refers to an underwater home, they’re referring specifically to the mortgage. A mortgage becomes underwater when the loan’s balance is higher than the fair housing market value for the property. For example, if a homeowner owes $300,000 on their home but the […]

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What to Know About Getting a Mortgage When Self Employed

Many people own their own businesses instead of working for someone else. However, most small business owners often need to use home loans just like everyone else. Being self-employed can make it more difficult to get a mortgage because it doesn’t always guarantee a steady stream of income. While getting a mortgage can be more difficult […]

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4 Steps to Buying a Starter Home

A starter home, sometimes known as an entry-level home, typically refers to a relatively dressed-down home with basic amenities and an attractive price point. No matter what city, suburb, or town the buyer lives in, these homes are generally in high demand because of their practical benefits. So while buyers may face some initial competition, […]

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Who You Need to Notify When You Move to a New Home

When moving to a new home, there is much to do. Between packing everything, hiring movers, and coordinating everything around the current home’s closing, homeowners have a lot on their plate. However, one thing that they can’t afford to forget is moving notifications. When someone changes addresses, they need to notify a variety of different […]

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Renting a Home? Watch For These 4 Home Rental Scams

Many people like renting homes instead of buying because it provides a happy medium between owning a home and living in an apartment. Like there are red flags for buying a home, there is also an assortment of red flags renters need to know when looking into a home. Renters need to know how to […]

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3 Moving Scams Everyone Needs to Know and Avoid

Moving to a new Olmsted County home is a busy time, and it can also be quite stressful. On moving day, the most important thing that homeowners need is a moving company to take their things from the old home to the new home, but not all moving companies are the same. There are many […]

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