Posts made in August, 2019

How To not get denied when buying a Minnesota home with a high debt-to-income ratio

Posted by on Aug 31, 2019 in home loan

How To not get denied when buying a Minnesota home with a high debt-to-income ratio

It’s a common problem that I see for today’s first time home buyers.

If you aren’t selling with a lot of equity, you likely don’t have a lot saved for a down payment and will be financing most of the home purchase including the closing costs and maybe even one of the popular 100% home loan programs here for a Minnesota home.

We see it …

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Is your Minnesota house and real estate in probate court, sell as-is fast cash

Posted by on Aug 31, 2019 in Motivated seller

is your Minnesota house and real estate in probate court, sell as-is fast cash

Talking to others that have helped motivated sellers with probate situations where there was a will and a death in the family. Typically it’s an aging parent or grandparent who has died.

The process can be shorter or longer depending on what the complexity of the situation is. Often the person dealing with the house isn’t thinking about the word will or probate much. They …

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Do you need to buy a MN contract for deed very soon with your recent settlement?

Posted by on Aug 31, 2019 in contract for deed

Do you need to buy a MN contract for deed very soon with your recent settlement?

Are you a motivated buyer, but can’t easily get a bank loan. There are many reasons why you can’t get a bank loan from

Low income

High debt-to-income ratio

Self-employed tax wrote-offs

Recent

Foreclosure

Bankruptcy

Short Sale

Loan Modification

I’ve seen agents and investors work with contract for deed buyers in the past that couldn’t easily get bank financing.

A main reason is they …

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