Thursday, January 12, 2017 / by Jason Huerkamp
Elko New Market
Market Report and Other Stats
Elko New Market is situated in Scott County just 40 minutes commute from Minneapolis / St Paul in Minnesota. Elko New Market is conveniently situated to all the fun things to do in the Greater Minneapolis St Paul location.
This quaint "small town feel" of this beautiful City makes it even more appealing. With wonderful infrastructure, a friendly and close knit community, fantastic schools and lots of wide open spaces - its a perfect place to call home. The Elko Speedway, which doubles up as an outdoor movie theater or concert venue forms part of many recreational facilities in Elko New Market. With sports grounds, walking, hiking and biking trails and parks in the area, the City is green and well maintained and manicured.
The area continues to grow as a business hub and new opportunities are available and enticing.
Elko New Market - The Lifestyle - Quality of Life
Real Estate is affordabl ...
Monday, January 02, 2017 / by Jason Huerkamp
The Huerkamp Home Group Sales 2016
We have been really blessed to have relocated more than 165 families during the course of 2016. The clients we have worked with have become our friends and their families and friends have been entrusted to us too. Thank you for trusting us with your property matters.
We are proud to have worked with you all and we hope that you have valued our input, our honesty and integrity and most of all, our service. We welcome your continued support and we trust that you will remember our name when someone is buying or selling a home in Minnesota or any other State or Country. Our Association with Keller Williams is Global with more than 800 Offices and in excess of 150,000 well trained and professional representatives, we can assist you, across the globe.
Our business has enjoyed working with related services and industries this year. They include, but not limited to,
HVAC Services ...
Thursday, December 29, 2016 / by Jason Huerkamp
When purchasing a home, there are many costs for you to consider and although your lender and your real estate agent / Buyer Agent, will give you a good idea about what you need, this article should help you be more prepared.
Earnest Money Deposit
This is the payment you make on the home as a token of good faith to the Seller, an amount that the Seller would not need to refund should you withdraw from the sale or cancel the sale
The downpayment is the amount you pay as part payment for the home and a payment to the lender in support of your application for a home
Loan Origination Fee
These are the fees associated with processing your mortgage and are lender related. There are fees for the loan, processing and underwriting of your mortgage.
Your lender will require a credit report and that fee would form part of your lender fees
Upfront Mortgage Insurance
If you are using an FHA loan or similar where you do not have a full regular ...
Tuesday, December 20, 2016 / by Jason Huerkamp
FHA and Conventional Loans
When buying a home and requiring a mortgage, we often get asked about the option of getting an Federal Housing Administration (FHA) Loan and what the difference would be to you the buyer. Would there be any reason why a seller would choose another offer to purchase with a conventional loan in preference to an FHA loan offer from a buyer.
What is an FHA Loan?
An FHA loan is one that is applied for through a conventional home loan provider (one on the list of providers by the FHA and approved by them) and is insured by the FHA so that the lender is guaranteed their money should you default on your loan. There are two sets of criteria to be met in order to be able to use the the FHA option - The Lenders criteria and The Governments criteria. The buyer, depending on their credit score, will generally be able to put down a lower downpayment of 3.5%. It is important to know your credit score and how to remedy it before applying for a loan an ...
Saturday, December 17, 2016 / by Jason Huerkamp
When purchasing a home, it is important to realize that there is more to just the mortgage payment that needs to be considered. If you are a first time home buyer these are some of the things you need to add to your monthly budget to make sure that you keep ahead of your finances.
Payment on Mortgage
This monthly amount will depend on the type of mortgage you have. Do explore your mortgage options carefully and perhaps lock in a fixed mortgage rate for a period of time so that there are no increases or surprises.
Home Owners Insurance
Home Owners Insurance is really important and the Lender will probably insist you have that prior to the closing on your new home. That would keep their investment in your property safe and protect you for any unforeseen damages. The Home Owners insurance also covers any claim against you should someone be injured on your property or as a result of an issue in your property. Your Home Owners Insurance gives you peace of mind.