How to Create a Fresh Look on A Budget for Your Mankato Home

August 25th, 2014

(Image Courtesy of http://www.apartmenttherapy.com) Turning an outmoded residential space within your Mankato home into a revitalized, inviting and comfortable living area basically comes down to choosing properly sized furniture, colors, textures and items for that specific area. Re-arranging What You Already Own in Your Mankato Home That being said, before you throw in the towel Read More

Still Not Sold? Why Your Mankato House May Still be on the Market

August 13th, 2014

After a few really rough years, the housing market is back on the upswing. You’ve read the reports, you know interest rates are still relatively low, and there’s an increase in home buying, but what about your home? When days turn to weeks of your house being on the market, here are 4 things you Read More

Conventional Mortgage Loan Basics for Mankato Home Buyers

August 7th, 2014

According to the Federal Trade Commission, the literal definition of a conventional mortgage loan is a loan “other than those insured or guaranteed by a government agency such as the FHA (Federal Housing Administration), the VA (Veterans Administration), or the Rural Development Services .” What sets a conventional loan apart from other types of mortgage loans Read More

A Few Mankato Real Estate Settlement Basics

July 29th, 2014

When buying a home in Mankato after the home inspection, the home appraisal and financing has all been secured, you’ll finally “settle” or “close” on your new home. The Job of the Title company, a.k.a. Settlement Company The “title company” or “settlement company” is responsible for making sure that the title of the Mankato real estate you’re Read More

Mankato First Time home Buyers – Getting an Interest-only Loan

July 16th, 2014

No doubt about it, if you are a Mankato first time home buyer, it can be daunting task. There is a reason that even the most financially conservative individuals end up taking out sizable loans to buy their home, as very few people these days have hundreds of thousands of dollars laying around. But what Read More

Getting A Equity Loan on Your Mankato Home

July 10th, 2014

There are a lot of different reasons for buying a home in Mankato rather than renting one. The pride of ownership is certainly valuable but one of the more tangible benefits is the fact that as you make payments you are building up equity. Equity can be simply defined as the amount of your home Read More

Preparing Your Mankato Home For Appraisal

June 26th, 2014

When selling your Mankato home, deciding on it’s value can be a tricky process. You can compare your home to others like it in the area, do complex math involving square footage, employ the assistance of a Mankato real estate professional and more, but in the end what really matters is the price you can get Read More

What to Do When Your Mankato Home isn’t Selling

June 24th, 2014

Everyone hopes that their home will sell almost as soon as it’s put on the market but waiting should be expected. Still, as time goes by and your home doesn’t sell you have to ask yourself if there’s anything you can do to help the sale along. By taking certain steps, you can make your Read More

Determining if a Mankato Area Home Will Increase In Value

June 19th, 2014

When buying a home in Mankato, you’re investing in something with the hopes that it will pay off one day down the road.  And like any investment, there is going to be a level of uncertainty involved. As a home buyer, we can analyze and speculate, but no one really knows for sure how the Read More

The 4 Components (PITI) that Make Up a Mankato Mortgage Payment

June 11th, 2014

If you are considering buying a home in Mankato or the surrounding area, chances are that you’ll need to take out a home loan to pay for it.  One of the most important considerations you’ll need to make is how much of a monthly mortgage payment you can comfortably afford. What is PITI? PITI is an acronym Read More