Blog Archives
For Home buyers

Down payment assistance

The friendly folks at down payment resources, also known as DPR, alerted me that they have a new logo. I have had a link to the service on this site for many years. This week I sent the link to a

Mortgage & Finance

Contacting a lender

The first step in the home buying process isn’t looking for homes that are for sale. Getting pre-approved by a lender is the first step in the process. Offers on homes for sale need to include some kind of a

For Home buyers

How fast can a cash sale/purchase close?

I am currently working on a cash purchase with a home buyer. She made the offer about a week ago and wants to close today. Usually closings occur at least 30 days after we have an accepted offer because that

Mortgage & Finance

What about interest rates?

When I look at interest rates I like to look at the big picture. I do remember when interest rates were in the double digits and the last time my family had a mortgage the rate was 7%. Our highest

Mortgage & Finance

Low unemployment

I know there is underemployment in the Twin Cities but unemployment is fairly low. My recruiter friends tell me there are jobs in I.T. that are going unfilled  See [Minnesota HeadHunter] The government and the many local hospitals, and the University of

First Time Home Buyers

3% down is a thing

Various lenders have been contacting me and emailing me to let me know that starting December 15th which of course was a few days ago the 3% down payment conventional loan is a thing . . as in it is


Teresa Boardman
Realtor®, MN,
Licensed Broker
Boardman Realty

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