How to Buy Your First Home In Savage In 3 Steps

Most Minnesota first time home buyers are totally surprised when I show them all of the affordable Savage Real Estate. The fact is that the housing affordability index in Minnesota has not been this low in years. While many renters have only read the negative press about values in real estate, others have seen it from a completely different angle The combination of reduced property values and low interest rates make your house payments quite often lower than your rent payments. So if you would like to meet with me and talk about becoming a Minnesota first time home buyer, I would truly love to talk with you.
In order for you to take advantage of the great market values in today's market, there are three easy steps to get started.

Step 1: Call Or Email Me To Discuss Your Goals

There are more things for you to consider when buying a house than just the monthly payment. I will want to have a discussion with you what your goals are for home ownership. After I learn more about what you want to achieve we will talk about the types of homes for sale, ideal locations, as well as how to get a great value. Depending upon when you want the move to happen we will discuss the benefits of buying your home from a traditional seller versus a short sale. After our discussion I will set up an automated listing search of all the listings that could possibly meet your needs in the location and price range you desire.

Step 2: Get Preapproved For A Loan

Before we go out looking for houses, you need to talk with a mortgage lender. In order to find out how much you can reasonably afford for monthly payments as well as down payments, you will need to get preapproved through a lender for mortgage financing. When you have a discussion with your mortgage broker, you will learn about all of the great programs available for MN first time home buyers. Did you know that there are down payment assistance programs for Savage first time buyers that can help you put as little as $1,000 down? The only way to determine your eligibility as a buyer is to get preapproved for a loan.

Step 3: Let's Look At Homes

Once you have been through the process of getting preapproved we can start looking at property listings. After looking at so many homes on the internet, this is the fun part of the whole process. We will look at as many homes as it takes before you find the one that ideally suits your needs. Once we find one, your mortgage lender and I will guide you through writing an offer, finalizing the loan and closing on your home!

Savage, MN Community Info

Developing into a bedroom community to the Twin Cities, Savage has nearly tripled in size over the past 20 years. Filled with affordable homes for sale, Savage, MN has become a favorite spot to look for real estate deals for the MN first time home buyer. Conveniently located just west of Burnsville, living in Savage means you will have a 20-30 minute commute to some of the largest employers in Minneapolis. Since the community has a busy Park and Rec program, it seems like there is something to do for everyone in Savage, MN. If you're thinking of buying or selling Minnesota real estate, please call me and I'm glad to help!

Do you feel like you are ready to get started with the process of buying a home? Please take a moment to call or email me and we'll discuss what you want for your Savage home!




Robert Phyle,CSP,GRI,RSA
Broker Associate, Realtor
Coldwell Banker Burnet
rlphyle@cbburnet.com
Cell 612-801-4657
Direct 952-997-1955
Fax 952-432-8372
7741 147th St W.
Apple Valley, MN 55124
www.facebook.com/robphylerealestate
Visit my website to find Minnesota homes for sale