Buyer class for Scott/Carver counties…Contact Lou


Dear Potential Homeowner :

1) We offer individual “Loan Counseling” appointments to discuss your personal financial situation as it relates to purchasing a home or getting a good home loan.  Our counseling services are free except for a credit report which is currently $12.75 (including the score).  If you would like this “loan counseling” appointment, please call us to set a date and discuss what paperwork we need (copies of paystubs, bankstatements and tax returns).  We look at your income, credit and assets like the bank or a lender does, and we help you create a plan for mortgage loan application and a house purchase.

***2) In addition to the loan counseling please see the flyer for our HOMEBUYER “Home Stretch” Seminars and a registration form.  After you have reviewed this, you may return the Seminar Registration and $25 fee/household payable to the Carver Co. CDA at 705 Walnut Street, Chaska, MN  55318, for our Educational 8-hour seminar (approved seminars are required to utilize certain special mortgage products or down-payment assistance programs).***

 

JANUARY 6, 2011 – THURS.eve        6pm-9pm

and JANUARY 8, 2011 – SATURDAY        9 am-2:30 pm

 

3) Depending on your move-in date goal, we do have some very nice properties available here for the Carver Co. Land Trust.  If you have any questions regarding our local Land Trust properties for sale please call and ask for Brenda.  We look forward to helping you towards your financial & homeownership goals.  (952) 448-7715.

Lastly, we can review and help you understand almost any lender’s and most real estate agent’s paperwork you have already received.  (Our counseling services are free except as listed in this letter.)

Please share the attached “schedule” with others if you can.  If our “Home Stretch” schedule or location is not convenient for you, other Home Stretch providers in the Metro area and their schedule can be picked up at our office, accessed on the following web page: www.hocmn.org or call 651-659-9336 to have a brochure sent to you.

Our sincere best wishes!

LOU & BRENDA

Louise A. Setterquist, Brenda Lano, Housing/Mortgage Counselors

Carver Co. Community Development Agency  (HUD, NSP, MHFA Approved)

Encs.                                                                                      

DIRECTIONS to CHASKA, Mn.(southwest of Minneapolis, southwest of Eden Prairie)

From the West:  Highway 212 or Hwy 5 east to Mn.41(also Chestnut Street), go south to Seminar; see below

From the South:  go N. on 169 to Mn.41, turn north, go over the river to Seminar; see below

From the North/East: 169 south to 212 west OR 35W South to Highway 62 or I494, West to US 212, west several miles to Mn.41, exit 41(also Chestnut Street), turn left/south, go south to the Seminar; see below.

DIRECTIONS to the SEMINAR in CHASKA: to be determined

POSSIBLE SEMINAR LOCATIONS:

Carver Co. CDA, 705 Walnut St., Chaska– the Seminar entrance is in the back of our building.  Please part on Walnut or in the lot on the northwest corner of our building, behind the Snap Fitness building, not in front of it.

AMERICAN LEGION – 102 4th St., downtown Chaska, 3 blocks from the Minnesota River bridge.

CHASKA HIGH SCHOOL – Pioneer Trail, Chaska

VALLEY FREE CHURCH – Engler Blvd., Chaska

705 Walnut Street, Chaska, MN  55318   www.carvercdaorg         Ph 952-448-7715   Facs. 952-448-6506

 

DIRECTIONS to CHASKA, Mn.(southwest of Minneapolis, southwest of Eden Prairie)

From the West:  Highway 212 or Hwy 5 east to Mn.41(also Chestnut Street), south to Chaska Blvd., left 1 block to Walnut, left to our office/seminar building; see below

From the South:  go N. on 169 to Mn.41, turn north, go over the river and you’re in Chaska Blvd., right 1 block to Walnut, left to our office/seminar location; see below

From the North/East: 169 south to 212 west OR 35W South to Highway 62 or I494, West to US 212, west several miles to Mn.41, exit 41(also Chestnut Street), turn left/south, go to Chaska Blvd., left 1 block to Walnut, left to our office/seminar location; see below.

DIRECTIONS to our OFFICE: We are located in downtown Chaska, 1 block NE of Chaska Blvd. (old Hwy 212) and Hwy 41 intersection, behind the Walgreen’s and in the same building as the Subway, 705 Walnut St.

Would be, Won’t be…which are you?


 

Having the RIGHT agent does help.

Many people are still saying, I can’t afford to buy a home.  Is this you?  If so, you have not found the right person to work with, or your SPIRITS TO MOVE is not strong enough.

When you work with someone or a team of people that are intersted in seeing you achieve your goals, they will give you direction, suggestions and stay by your side until your goal is accompolished.  How can this happen you ask…here is how:

Lenders: Do you realize that when you work with someone you truly trust, they can do more than fill out paperwork for you? They should be abe to  pull your credit report work through it with you and give you suggestions that will help to improve your credit score.  Some will also work with you in ways to get the old items removed that may just need a letter written to the correct person.  They can also lay out a plan in which outstanding items should be paid to increase your score at a faster rate.

Agents: Most agents in todays market will not begin to show you homes until you have a qualification letter from your lender.  If you hear this from an agent, don’t get upset with them; they are doing this for your best interests even though you may not understand it.  They are protecting you from being your own worst enemy by thinking you qualify for more than you do. You don’t want to start to look at homes in the higher price range only to find out you aren’t qualified for that dollar amount, but a lesser amount.  Tradition shows that in most cases you will not be as happy with the homes in the lower range and get discouraged when looking at these homes.  So trust the agent you decide to work with.  Most do have your best interest at heart when they are working with you.

YOU: Can you believe it…YOU play the most important role in this whole transaction! From the moment you feel THE SPIRITS TO MOVE is when your job becomes the most important one.  Once you start talking to people you may work with, treat it as an interview for the person.  You will be telling them some of the most confidential things in your personal life, spending LOTS of time with some and spending tons of time on the phone, in homes and tring to reach the same goal.  Once you have been approved for how much you can afford, there are only 3 people that need to know that amount; YOU, the lender & your agent.  You do not want everyone to know what you have been approved for as this is your secrect card when it comes to negotating the home you want.  When you do find the home you love, NEVER put the qualification amount on the letter you will send to the other agent…KEEP THIS INFORMATION CONFIDENTIAL.  Remember, the lender & agent are working for YOU!

Keep your dreams with in reach by keeping your credit report in check, your spending under control & your goals within reach.  THE SPIRITS TO MOVE can be within your reach!