Real Estate Blog

THE TEN COMMANDMENTS OF BUYING A HOME

  1. Thou shalt not change jobs, become self-employed or quit your job.
  2. Thou shalt not buy a car, truck or van (or you may be living in it)!
  3. Thou shalt not use charge cards excessively or let your accounts fall behind.
  4. Thou shalt not spend money you have set aside for closing.
  5. Thou shalt not omit debts or liabilities from your loan application.
  6. Thou shalt not buy furniture.
  7. Thou shalt not originate any inquiries into your credit.
  8. Thou shalt not make large deposits without first checking with your loan officer.
  9. Thou shalt not change bank accounts.
  10. Thou shalt not co-sign a loan for anyone.
If you have any questions, or recently broke a “commandment”, call a Pederson Realty REALTOR!


10 Commandments of Home Buying

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By: D.J. Walling

I know it’s hard to believe, but Spring is here! Days are getting longer, temperatures are rising and the snow is melting, slowly. Before you know it, flowers will be blooming, the Twins will be playing home games and the kids will be out of school.

Much like the meteorological end of winter, the Minnesota Real Estate “winter” is coming to an end as well. We are emerging from the long, cold days of declining home values and upside-down mortgages. The economy is stabilizing, interest rates are still low and home values are on the rise. This is no joke; Real Estate in Minnesota is back and stronger than ever.

Spring is here, in more ways than one. If you or someone you know are considering buying or listing a home for sale, now is a great

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