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The Pendulum has Swung
Posted on April 27th, 2009 No commentsThe mortgage business has gone from lending money to anyone that has a pulse to scrutinizing absolutely every little thing when a buyer’s application is submitted for approval. This isn’t all bad, it’s just that the buyers have to be absolutely squeaky clean with no unanswered questions in order to get a mortgage today. I’m told from some of the lenders that the underwriters (the final decision makers) have huge authority to approve or reject a loan today. The lenders are frustrated in that the rules for RD and FHA loans are continually changing and what the lender tells a potential home buyer today may not be true next week. All this will hopefully settle down (hopefully sooner rather than later) so that we and the lenders will know that when we give information to buyers, that information won’t change.
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Celebrate American Home Week
Posted on April 19th, 2009 No commentsApril 18 – 25, 2009 is American Home Week and we are proud to have helped so many families during the past 24 years become homeowners. Home ownership is so much more than the bricks and mortar of the home. It’s becoming a part of the neighborhood and community. It’s giving families a place where they create lifetime memories that will live on generation after generation. So, as you go through this week and see all the signs throughout Hutchinson, think about what homeownership means to you and your family…and celebrate.
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Congratulations Hutchinson, MN!
Posted on April 6th, 2009 No commentsIt was recently announced that Hutchinson has been selected as Minnesota Moments’s 2009 “Best Hometown in Minnesota!” We couldn’t agree more. There are so many positive things happening in Hutchinson, MN and the real estate market is just one of them. There are many new homes on the market for sale and seem to be priced to sell. Sellers who have had their homes for sale for a while are very flexible with terms which is advantageous to buyers. The Hutchinson Area Chamber of Commerce is looking for our commununity’s input for story ideas, places to showcase, and people to profile for the “Minnesota Moments” sotry on Hutchinson, MN which will be featured in the July/August issue. You can call the chamber at 587-5252.


