Associates

Business Type

BREMER MORTGAGE

Detroit Lakes, MN - (218) 847-9292

MIDWEST BANK

Detroit Lakes, MN - (218) 847-4771

Stacy Frank

Buying a Home

When the moment comes to make the decision of buying a home, numerous factors demand careful consideration. The process typically encompasses a variety of the following elements. REALTOR® will be your key resource and guide you every step of the way.

Select a REALTOR®

Select a REALTOR® who will expertly guide you through the home-buying process. Explore different agency choices and determine the most suitable working relationship for your needs.

Obtain Financing

Find a mortgage company and consult with a home loan officer. It is essential you get pre-qualified to buy and obtain a loan pre-approval letter.

Negotiations

Once you submit your offer, the seller will respond by either accepting, rejecting, or countering it. Carefully review its terms with your REALTOR® and make any necessary adjustments. After your offer is accepted, proceed to choose a qualified home inspector.

Find the Perfect Home

Search for homes within your wants and needs that will fit into your budget. View your wish list with your REALTOR®.

Make an Offer

Decide how much you would like to offer based on market research.  Include terms such as inspections and closing dates. Your REALTOR® will write up a purchase agreement and present the offer.

The Closing

Your REALTOR®, selling agent, and title company will walk you through the process to make sure the ownership of your home is legally transferred. 

Selling a Home

When you reach the point of deciding to sell your home, it’s essential to give careful consideration to numerous factors. Your REALTOR® will have great suggestions for you to sell your home as fast as possible.

Select a REALTOR®

Select a REALTOR® who will expertly guide you through the home-buying process. Explore different agency choices and determine the most suitable working relationship for your needs.

Good Marketing Plan

Listen to your REALTOR® about how your home will be marketed, who will see it, and the price. Make sure the property is well marketed and modify the plan and pricing as needed.

Closing

Coordinate the closing process with the buyer’s agent, lender, and the closing company. Ensure the transaction is complete to avoid unexpected complications.

Showing Ready

Prepare with your REALTOR® about recommended upgrades and staging for your home. Get your home showing ready for prospective buyers.

Offers

Once you receive an offer, your REALTOR® will present it to you. Discuss the important terms of each offer you receive to reach the final agreement with a buyer.

Moving Checklist

Don’t forget to contact your local post office with your forwarding address ahead of your move. Also, arrange to disconnect utilities and check insurance coverage for your new location.

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