Buying A home in Hastings

Are you wondering about how you go about buying a home in Hastings? Learning how to buy a home can be confusing for many buyers, especially for the MN first time home buyer. Since this process can be rather complicated I wrote this blog post to offer some basic tips of how best to accomplish your goal.

How To Buy A home in Hastings

Most MN home buyers begin their process of buying a home on the web, of course. There are many internet sites to begin this but a good place to start is to use the search engine on my website. There are thousands of real estate sites out there but you will soon find that many lack all of the important details when searching for a home. National real estate websites do not show the annual property taxes due for each of the listings which is one of the biggest factors your lender will need to determine what your monthly payments will be.

Search for a home in Hastings on my website

When you begin your search for homes in Hastings on my personal website you will find all of the available listings from all of the real estate companies in the area. Because I am part of the Multiple Listing Service (MLS), my real estate website will offer you complete details on every property from every company. I can also set up a specific MLS search for you so that I can email you when properties in your price range come available.

Get Preapproved To Buy A home in Hastings

How will you know what kind of price range you should be searching for? In order for you to know the amount of monthly payments you will have for a home in Hastings you will want to get a preapproval letter for a mortgage loan. Getting through the preapproval process is the critical first step for how to buy a home in Hastings Since there is no cost or obligation when you get prequalified by one of our local MN mortgage lenders, you should do this right away so that you can clear any roadblocks there might be in the process of getting a home loan.

Let's go look at homes!

After you have been preapproved by a Minnesota mortgage lender I will take you out to look for homes in your price range. I recommend that we look through at least 15 or 20 of these before you buy one. By doing a thorough search you will know homes that are a great value to buy. When a listing comes available meeting your needs you should be ready to make your offer since properties at a good value sell fast.

After the purchase agreement, and before closing

Once you’ve made your offer it usually takes about 30 or longer before closing. During this time your lender will collect all of the necessary documentation that they need from you to finish your loan approval. They will almost always order an appraisal on the home you are buying to make sure the price of the home you are buying is in line. They will also order a title policy from a title company to make sure you will get clean title to the home upon purchase.

Closing on your home

After your loan has been fully approved you will ready for closing. At loan closing, all of the involved parties get together to sign documentation and to exchange keys, garage door openers, etc. After you have gone through closing on your home you will now be a homeowner!

Hastings, MN City Info

Looking for a small town feel in a Twin Cities bedroom community? You will want to check out the benefits of living in Hastings, MN. With just a 30 minute commute to downtown St. Paul, Hastings offers its residents both the benefits of a small town as well as big city living. Situated in Dakota county, Minnesota first time home buyers might benefit from the Dakota County first time home buyers program. If you are looking to buy or sell a home in Hastings, please call me.

Are you ready to start the process of looking for homes? Just send me a quick email as I am looking forward to helping you find your dream 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