Blog Archives
For Home buyers

Avoid fake wiring instructions

On March 18 the FTC Consumer Blog issued a post focused on hackers who have been breaking into some consumers’ and real estate professionals’ email accounts to get information about upcoming real estate transactions. After figuring out the closing dates,

Mortgage & Finance

Mortgage rate over reaction

The Federal reserve raised the benchmark interest rate by .25% yesterday. That doesn’t translate into a .25% increase in mortgage interest rates but even if it did the new rates would only add a small amount to monthly house payments

First Time Home Buyers

Closing costs

First time home buyers are often surprised when they find out about closing costs. Those pesky fees are in addition to the down payment. Lenders will provide detailed information about what those costs are but here are a few examples:

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

Contact

Teresa Boardman
Realtor®, MN,
Licensed Broker 20624860
Boardman Realty LIC 40419051
651-216-4603
teresa(at)tboardman.com
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