Recently Sold Foreclosures!
Looking for affordable homes and financing options to make purchasing them as easy as 1, 2, 3 start here. We have access to thousands of homes throughout the Minneapolis/St.Paul metro area including Single Family Homes, Town Homes, Condo's, Foreclosures, For Sale by Owners and Investor Properties, some not on market yet! We are also Certified Distress Property Experts (CDPE), so purchasing short sales is more streamlined and much easier than normal in many cases. Our preferred partners have financing options for "Move in Ready" foreclosure properties to properties needing complete rehab. We also have direct lines to government down payment assistance when available in the market and can guide you on how to maximize these programs.
Locate Foreclosures in Your Area
Foreclosures are in every city and most neighborhoods today. Many are in as good or better condition than standard owner occupied homes or short sales. The purchase of foreclosures is similar to standard purchases, but there are some differences that you will need to be educated on before deciding to purchase. Our team lists and sells foreclosures otherwise known as REO properties for many of the large banks. Use that inside knowledge to you advantage to find and purchase the home of your dreams.
Learn About Down Payment Assistance
There are literally dozens, some would say hundreds of different loans, down payment assistance programs and city and state funding programs available to individuals looking to invest in a new home. Builders are offering additional assistance in order to sell their inventory and some sellers are willing to cover closing costs or buy down points. Contact us to see if we can find the right program for you. You will need direct guidance to make sure you find the right program or loan to meet your needs.
Is Down Payment Assistance Just for First Time Buyers?
NO! Fact: Many official government "First Time Buyer" down payment assistance programs consider you a first time buyer if you have not owned any real estate in 3 years. Hard to believe, but it's true. We had a home owner who was foreclosed on 4 years ago and had a bankruptcy a little over 3 year ago recently buy a new home and received down payment assistance.
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Member of National Association of Realtors (NAR)
Member of the Minnesota Association of Realtors (MAR)
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Eric Helmers 612-567-3554 Eric@EricHelmers.com MN License #20326767 Broker 763-432-7640