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Are you having difficulties obtaining the facts about Foreclosed Properties?

Specializing in REO, 1st Time Home Buyers & Bargain Home Buyers


Congratulations! You've found a team of qualified buyer specialists to help you with:

  • Expert Strategic Planning
  • Qualified REO & Short Sale Properties
  • Professional Negotiations on price, terms and conditions
  • Qualified Financing Review
  • Inspections + FREE Home Warranty

More importantly, WE BRING YOU THE BEST VALUE PROPOSITION IN THE INDUSTRY including and not limited to the following

OUR BUYER GUARANTEE:   

  1. Our Buyers receive a 'Love it or Leave it' One Year Guarantee (We'll re-sell your purchased home Commission Free in your first year for any reason - Guaranteed) Call for details.

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Pre-Foreclosures, REO's and Short Sale Opportunities are generally mixed into most real estate search engines. To obtain your own exclusive REO (Real Estate Owned) and Short Sale list, complete the Home Finder Criteria and an REO Buyer Specialist will provide that for you hassle free.

There's nothing we take more seriously than helping people find and actually successfully acquire value priced properties.
Here is your chance to be updated regularly with properties that are classified as REO's (Real Estate Owned), Pre-Foreclosures, Short Sales and/or Motivated Properties in Minnesota that meet your criteria in your areas of interest, absolutely FREE!

Not only will you be notified by email of all qualifying listings that match your search criteria, but your home search will also be compared with other participating broker listings within your desired area(s). All new listings added to the pool and match your criteria will automatically be emailed to you as they become available.

To have your own unique property search emailed to you directly, please click here.

Financing REO's and "As Is" Properties


Financing

Are there Special Loan Programs for Qualified 1st Time Home Buyers? Yes! Some of the benefits associated with Minnesota Housing include:

  1. Below Market Interest Rate
  2. $3,000 Entry Cost Assistance
  3. 2 year Free Job Loss Protection
  4. Monthly Payment Assistance (1st 3 years) $75, $50, $25
  5. For More Information, call: 1-800-961-6706 #1848                                                        Minneapolis & St. Paul City Living Financing Programs
  1. 2%-4% Grant Assistance
  2. Subsidized interest rates
  3. You do not have to pay it back!

Additional Minneapolis Programs

American Dream Down payment Initiative

  • Up to 6% of sales price or $10,000 (whichever is greater)

Sheridan Neighborhood

  • Up to $5,000 deferred loan (forgivable after 6 years)

Folwell First Time Home buyer Assistance

  • Up to $3,000 (0% interest deferred loan)

Ventura Village Home buyer Program

  • Up to $5,000 (loan is forgivable after 5 years)

Humboldt Greenway Assistance

  • Up to $44,000 at 0% interest

Lyndale Neighborhood

  • Up to $3,000 for down payment or closing costs

Additional St. Paul Programs

Entrance Cost Assistance Loan (ECAL)

  • Up to 6% of sales price or $10,000 (which is greater)
  • Property located in Districts 3, or 5-9

Additional County Programs

Washington County FirstHome

  • Up to $10,000 entry cost assistance

Ramsey County FirstHome

  • Up to $20,000 entry cost assistance

Anoka County

  • Up to $5,000 entry cost assistance

City of Plymouth

  • Up to $25,000
  • 0% Interest deferred loan

To Speak to a Professional on this Call:  1-800-961-6706 ID#1848

It is very important to be properly pre-qualified and approved for financing prior to making offers on any listing particularly REO's. Prior to acceptance of a contract, the sellers/corporation always require verification of the buyer's ability to finance the purchase.

Several financing programs are available for the purchase of "as is" REO properties. We can provide you with qualified professionals to help you become pre-approved to purchase these properties.

FHA, VA, and many of the special financing programs available to homeowners require building inspections to evaluate the condition of the property. Seldom do the properties listed with "as is" addendum's such as REO's meet the requirements of these programs.

None of the Corporate Owned Sellers are willing to hold a second mortgages or do any seller carry backs.

All pre-qualifying financing letters for "as is" purchases must state that the lender is prepared to make the loan based on an "as is" appraisal.

To be connected to a qualified REO mortgage professional call 1-800-961-6706 ID#1848.

Cash Offers

Buyers who make cash offers should be prepared to present to the seller verification of funds available to close.

Also, sellers often require cash buyers to close within in 10 days of final acceptance of the offer.


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EXIT Realty Nexus - 2143 Northdale Blvd - Minneapolis, MN 55433
Phone: 763-548-1402   Email: dangelo@exitrealtynexus.com

Copyright © 2008 EXIT Realty Nexus, All Rights Reserved.

The materials contained within this page may not be reproduced without the express written consent of EXIT REALTY NEXUS. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied.


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