Posts made in August, 2019

How to NOT get denied to buy a Minnesota home when your debt-to-income ratio appears too high

Posted by on Aug 31, 2019 in home loan

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 often where one person who wants to buy can only get pre-approved for a $100,000 …

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Is your Minnesota house in probate, making you very motivated to sell?

Posted by on Aug 31, 2019 in Motivated seller

Minnesota home in probate

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 the complexity. Often the person dealing with the house isn’t thinking about the word will or probate much. They may be thinking of the word court or attorney as they follow up with the process.…

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

Posted by on Aug 31, 2019 in contract for deed

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




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 are a new self-employee person or any self-employed person who makes great money monthly, but writes …

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