Buyers who can’t get a mortgage are turning to contract for deed. it’s very popular in Maple Grove, Plymouth and Brooklyn Park. Sellers who can’t sell, but have equity are considering contract for deed to cash flow. It’s a win win for both parties. Simplified, the seller acts as the bank, the buyer makes the payments to include taxes and insurance with a set interest rate for a contract period usually 2-5 years. At the end of the contract the buyer refinances with a mortgage lender, seller is paid in full and both parties have solved the immediate need to buy and sell a property in todays market. Every situation is different but I’m finding that buyers who may have blemished credit and can’t qualify for a mortgage with a lender, but have a good job, money to put down are great candidates for contract for deed. The big bonus is that a contract for deed will qualify you for the home buyers tax credit. This could be for you! Please contact me for more information. Hurry to qualify for the IRS Tax Credit you must have a signed contract by April 30th!

Are you upside down on your mortgage? In fear of losing your home? Can’t make your mortgage payments? You are not alone!
When a loan modification still isn’t enough to relieve your financial problems, a short sale could be your best option if:

Is your property worth less than the total mortgage you owe on it?
Do you have a financial hardship such as a job loss, salary decrease, loan baloon or major medical bills?
Have you contacted your lender only to get the run around?

Hire a qualified team. The first step to a short sale is to hire a qualified real estate professional and Short sales have proliferated only in the last few years, so it may be hard to find practitioners who have closed a lot of short sales. You want to work with those who demonstrate a thorough working knowledge of the short-sale process and who won’t try to take advantage of your situation or pressure you to do something that isn’t in your best interest.

Want to learn more?Join us the 2nd Tuesday of every month to have your questions answered. Our team is certified Short Sale Foreclosure Resource realtors. Coldwell Banker Plymouth Regional Office 4100 Berkshire LN, Plymouth, MN 55428. To reserve you seat call 763-234-9835. No scam, no fees, only professional information to help guide you.

Free Home buyer Information

What do you need to know about buying a home? Do you qualify for the First Time Home Buyer Tax Credit? You could get up to $8000 in tax credits!!!!!

Please join me the 3rd Tuesday of every month for “First Time Home Buyer” Class. This is an excellent discussion group to not only learn the basics of home buying, but an opportunity to ask the questions you want to know.
How to choose a Realtor
$8000 Tax Rebate Credit
Real Estate lingo
What does it cost me?
How do I qualify
What is earnest money?
Do I need a down payment?
Home buying process
How do I get the tax rebate?

Next class is April 20th at 6:30PM 4100 Berkshire Lane Plymouth, MN
Call 763-234-9835 for more info or to register,class fills quickly!
Can’t make this date? We’ll meet with you when it’s convenient for you! Call today! >