Financing

The Impact of QM on the real estate market

The newest phrases or buzzwords in the mortgage industry are "qualified mortgage" and "ability to repay".  These are part of the Dodd Frank Wall Street Reform and the Consumer Protection...
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Protect Your Preapproval!

The agressive holiday push started by retailers before Thanksgiving and hasn't let up yet!  If you are trying to buy a home and have a preapproval, you want to keep...
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FHA mortgage limit changes coming

FHA is lowering it's mortgage loan limits in 2014.  Effective with all FHA case numbers ordered on or after January 1, 2014, the limits will be less than they have...
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Buying a home after a foreclosure or short sale?

Many people are starting to look at buying homes again after a foreclosure.  It is definitely possible, there are a few guidelines you have to follow. If you had a...
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Gift money for closing?

One of the most common mortgage issues is verifying cash for your down payment.  If it's a gift, there are several steps we need to take.  If you have money...
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5 Myths about homebuying….

The fact is buying a home is much different than it was 10 years ago, there are many myths surrounding the process.  It's amazing what we hear when we talk to...
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Buying a home and getting the best mortgage – for you.

Home sales are going up, so are home prices.  The housing market is in a recovery.  If you are thinking about buying a home, be sure you understand the process...
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Fed meets this week….

The Federal Open Market Committee met this week.  On Wednesday, the Fed decided to leave the benchmark interest rate unchanged – which was expected.   They also said that they were...
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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.