Whether you are looking in St Paul, Minneapolis or anywhere else, before you buy a home or start looking to buy, it’s crucial to know what price range you are comfortable purchasing.

The last thing you want to do is spend alot of time looking at homes and then when it comes time to make an offer, you get cold feet because you realize you are spending more money that you are comfortable with.

Questions to ask your self:

• What is my monthly budget?
• What is my monthly income?
• Remember you will have to pay for insurance, heat, electric, water, trash and gas on top of the mortgage payment.  These bills need to be factored in too.
• Not to mention the “nice to have” amenities at home like phone, cable, internet….

If you can work through all of this with your lender (I recommend Cornerstone Mortgage at www.mnhomeloan.com in advance, you will save yourself alot of time and stress.

It’s always better to do a little research up front so that you can feel good about your purchase later!

Jen McKinnon

AGENT REFERRAL NETWORK

Member of MN Real Estate Team – #1 Real Estate Team in MN 2006,2007&2008

612.384.1073

jen[at]mnrealestateteam[dot]com