First Time Home Buyer

Buying a home in Brooklyn Center, MN

Buying your first home can be one of the most exciting, yet stressful, times in your life. However, first time home buyers in Brooklyn Center, MN can count on the professionalism and expertise they receive from the Excel Homes team of Keller Williams headed by Anthony Dew.

Anthony Dew and his team has been helping first time home buyers in the Brooklyn Center area navigate the home buying process. The resources Anthony and his team have available include down payment assistance programs, access to top rated mortgage lenders and neighborhood insights from living in Brooklyn Center for years.


Steps To Buying Your First Home in Brooklyn Center, MN

Step 1: Get Your Finances In Order

Before you start looking at homes in Brooklyn Center, you will want to get your financial paperwork in order.  For most first time home buyers, necessary paperwork includes 2 years of W2's, 2 months of paystubs and 2 months of bank statements.  Once you have your paperwork gathered, you will want to talk to a local mortgage lender who will help you determine how much of a home you qualify for.


Step 2: Determine Housing Needs

Now that you know how much of a home you qualify for, you need to determine the needs and wants you desire in your Brooklyn Center home.  If you need help determining the features you need and want in a new home, contact us and we can help you set criteria that is perfect for you and your family.

Once you have determined your desired features, it's time to start looking at current listings online so we can schedule a showing.  If we don't find the perfect home for you the first time we go out, don't worry.  Our state of the art technology can deliver new listings to your inbox as soon as they hit the market so you can be the first home buyer to see the home.  You can sign up to receive new listings in your email instantly here.


Step 3: Submitting an Offer & Negotiations

As soon as we find you the perfect home you want to buy, it's time to submit an offer to the home seller.  The Brooklyn Center real estate market is a sellers market, which means it is likely your dream home is attractive to other buyers and the seller will receive multiple offers.

In a multiple offer situation, having the real estate expertise and negotiating skills of the Excel Homes Team behind you can be the difference between having your offer accepted or rejected.  Additionally, our expertise in the Brooklyn Center real estate market can save you thousands of dollars in inspections and appraisal fees from offering too much on a house that ultimately gets turned down by your lender.


Step 4: Underwriting

The underwriting process is where a trusted local mortgage lender helps you navigate all the paperwork and financial documents needed for a final approval before closing on your new home.  If you need recommendations for local mortgage lenders we trust, fill out the contact form on the page and we will connect you with a few local lenders.

Although you will mainly be dealing with your local lender during underwriting, rest assured the Excel Homes team will also be in close contact with your mortgage lender to help out in any way and ensure a smooth transaction.

Additionally, during the underwriting process, we will help you locate a trusted inspector and schedule an inspection of the home you are purchasing.  During the inspection, you will learn about any flaws with the house and potential future problems if the inspector finds any.  Most contracts our customers sign come with a contingency that allows the buyer to further negotiate their offer or back out of a contract if something negative is uncovered during the inspection.


Step 4: Closing

Let the stress melt away, it's closing day!  Before we actually go to the closing, we will do one final walk through of the home to make sure nothing has been damaged and the sellers left it in an acceptable move-in condition.

Closing is usually held at a title company who prints all the necessary documents, records your new mortgage and distributes the funds for the purchase of the home.  Closings usually last about an hour and at the end of closing you are handed a copy of everything you signed and the keys to your brand new Brooklyn Center home.


Post Closing

Congratulation on becoming a homeowner in the city of Brooklyn Center.  However, before you get too settled in you will want to head down to City Hall and homestead your new home.

Even though your home purchase is complete, you can contact the Excel Homes team at any time to inquire about any of our many local resources throughout Brooklyn Center to help with any of your home needs as they arise.

Anthony Dew

Realtor


Nobody knows the Twin Cities better!


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