Financing

Are you ready to buy a home?

Buying a home is not the same as buying a new couch or TV – or even a car.  It takes a lot of planning, both emotional and financial.  Whether...
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New down payment assistance programs for MN Housing

Minnesota Housing's down payment assistance programs are changing.  The program that had been called HomeHelp has been discontinued as of August 29th.  There are currently two programs available, one is...
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What is the difference between a prequalification and a preapproval?

This question was asked on the Consumer Protection Finance Bureau's website and the regulator's answer is listed as: "Prequalification is a lender’s estimate of how much you could be eligible...
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Reasons to refinance

In the last few weeks I have had several clients call me about refinancing.  There are definitely times that you should refi and there are reasons not to do it....
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Want to buy a home after a short sale?

For those that sold their homes with a short sale (selling for less than they owed), things are going to change soon.  Fannie Mae has allowed you to buy a...
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New job in a new area? Want to buy a home now?

For many graduating from college or starting in a new area, it's difficult to buy a new home until you have been on your job for a while.  What happens...
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What will happen to mortgage rates this week?

Mortgage interest rates will be volatile this week – there is a lot going on that can affect rates quickly.  The Federal Reserve Board met this week and issued their...
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Four Mortgage Mistakes to Avoid

Congratulations!!  Your purchase agreement was accepted by the seller, now life should be easy!! Or will it?  For some people the mortgage process can be very easy – or at...
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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.