"To leave satisfied you must arrive prepared."
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The real estate market in St Cloud is certainly volatile, and all of the information about buying a home can be overwhelming. I can help.
 When you're ready to act, contact me.
I fight on behalf of my buyers.
I negotiate the absolute best price.
I protect you.
I simplify your transaction for you as much as possible.
I look forward to working with you.
Thanks for stopping by,
Steve
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- Consumer Credit Protection Act (1960) - Guarantees confidentiality of credit reports and allows consumers to correct inaccurate information in their reports.
- Equal Credit Opportunity Act of 1975 (ECOA) - Prohibits the discrimination in any credit action based on race, sex, marital status, color, religion, age, handicap, or national origin.
- Equal Housing Opportunity - Prohibits housing discrimination based on race, sex, marital status, color, religion, age, handicap, family status or national origin.
- Fair Housing Act - Prohibits the discrimination based on race, sex, marital status, handicap, or national origin in any real estate transaction.
- Federal Consumer Credit Protection Act (commonly known as the Truth in Lending Act) (1969) - Requires that lenders disclose the actual terms and conditions of a loan before an applicant commits to the loan.
- Home Mortgage Disclosure Act (1975) - Provides information to help determine whether public institutions are assisting the housing needs of their communities and neighborhoods.
- Real Estate Settlement Procedures Act of 1974 (RESPA) - Encouraging homeownership through consumer protection, this act regulates certain lending actions related to closing/settlement.
- Regulation B of the Consumer Credit Protection Act - Requires lenders to inform potential borrowers of any adverse actions taken on their loan applications.
- Regulation Z - Includes regulations related to consumer credit disclosures identified in the Consumer Credit Protection Act.
- Veterans Housing Benefits Act (1978) - Increases the housing benefits for eligible veterans including increased loan amounts.
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Your Property Wish List
While your opinions on the type of home you want to own may change during the homebuying process, use this easy checklist to help you prioritize and make the shopping process less time consuming.
- How close do you need to be to: (a) public transportation _______ (b) schools _______
(c) airport _______ (d) expressway _______ (e) neighborhood shopping _______
(f) other_______?
- What neighborhoods would you prefer?
- What school systems do you want to be near?
- What architectural style(s) of homes do you prefer?
- Do you want a one-story or two-story house?
- How old a home would you consider?
- How much repair or renovation would you be willing to do?
- Do you have special facilities or needs that your home must meet?
- Do you require a fenced yard or other amenities for your pets?
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Prioritize each of these options into |
Must have |
Would prefer |
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Yard (at least_________) |
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Garage (size________) |
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Patio/Deck |
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Pool |
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Bedrooms (number_________) |
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Bathrooms (number_________) |
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Family room |
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Formal living room |
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Formal dining room |
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Eat-in kitchen |
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Laundry room |
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Basement |
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Attic |
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Fireplace |
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Spa in bath |
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Air conditioning |
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Wall-to-wall carpet |
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Hardwood floors |
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View |
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Light (windows) |
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Shade |
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Be sure not to pay too much for your home!
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Ensure A Smooth Home Purchase
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Avoid the Most Common Buying Errors
Shopping for a new home is an emotional experience. It’s also time consuming and comes with a myriad of details...
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Things To Keep In Mind When Buying Your First Home
Many renters are starting to think about purchasing a home of their own. Several factors should be considered when purchasing a home...
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| Sales incentives on HUD homes may include low downpayment or up to $1500 sales allowance. Please sign up for our foreclosure list if you are interested in homes that will be available for this program. Foreclosures |
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Never miss the perfect home! Search for your dream home now. Begin Search 
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HUD Releases New FHA, Conforming Loan Limits!
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HUD has released the new FHA and Conforming Loan Limits today - Thursday March 6th.
The new FHA loan limit for Stearns and Benton County is $271,050.
The new FHA loan limit for Wright and Sherburne is $365,000.
"The U.S. Department of Housing and Urban Development today published new FHA and conforming loan limits, based on median home prices as mandated by the Economic Stimulus Act signed by President Bush in February. New loan limits for FHA, Fannie Mae, and Freddie Mac are calculated at 125% of the HUD published median prices, with a floor of $271,050 and $417,000, respectively, not to exceed $729,750. NAR expects the impact on the housing market to be significant because of the infusion of capital into the mortgage market, which should result in lower interest rates across the board. In addition, there will be a direct impact on high-cost areas that previously required borrowers to take out costlier jumbo mortgages."
"NAR Research points out that increasing FHA loan limits will help an additional 138,000 Americans achieve the dream of home ownership and will allow nearly 200,000 homeowners to refinance and potentially keep their home. In addition, NAR believes that increasing the loan limits for Fannie Mae and Freddie Mac will bolster the housing finance market by providing an immediate infusion of much needed liquidity to the nation's mortgage market."
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