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1st Time Buyer Home Mortgage Loans in MN
As a Minnesota first time home buyer, much like you would with buying a car, consider different functions of the home during your tour. Run the water from the sink and see how long it takes to get hot water. Stand in one room and talk to each other through the wall to see how well insulated it is. These can be major factors in a homes desirability. For more information on the availability of financial assistance for homebuyers in the North Star State, be sure to visit first time home buyers in Minnesota for complete details on local programs available to you.
Home Mortgage Tip:
As a Minnesota first time home buyer, look over you real estate settlement statement before signing any papers. Your mortgage broker is required by law to show how all the monies are dispersed at the closing. If the seller has agreed to pay for some of the closing costs, ensure that this is noted on the settlement statement.