Financing

City grants for home buyers…it can pay to live and work in the ‘Park’

There are a number of city-sponsored down payment and housing improvement assistance programs available right now, including the new foreclosed home programs in Minneapolis and Dakota County that Leslie talked...
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How much cash do I need to buy a home?

"How much money do I need?" is a common question from people thinking about buying a home. When asking the question buyers are often thinking about how much down payment they will need,...
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New down payment assistance programs

Minneapolis is coming out with a new down payment assistance program effective April 1, 2009.   This program will allow homebuyers to get $10,000 in down payment and closing cost assistance. ...
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Fed meeting updates

The Federal Open Market Committee met this week and stunned the credit markets with their announced plans!!  They are planning to purchase an additional $750 billion in mortgage-backed securities on...
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Mortgage Insurance

Many years ago if you were going to buy a home you had two options – have 20% down or use either an FHA or VA mortgage.  Over the years...
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Conventional mortgages

One of the common types of mortgages are conventional loans – both insured and uninsured.  The difference is whether you have 20% down or not.  If you do not have...
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How much difference does interest rate make in my monthly payments & the price home I can afford?

Lately I have had people asking me about home prices and interest rates…how much impact does interest rate actually have on the price home you can afford to buy? Does...
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2009 Stimulus Package

The American Recovery and Reinvestment Act of 2009 was signed into law on Tuesday by President Obama.  The package will give some tax credits, direct aid and discretionary spending projects....
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Sharon and John Hensrud

About Us

The HomesMSP Team is committed to meeting you where you are and listening… really listening to understand you so we can use our extensive knowledge of the market and local neighborhoods to give you personalized service.