Woodbury Realtors Dale Frisch talks about buying vs renting


Woodbury Realtors Dale Frisch Buying vs Renting

Woodbury Realtors Dale Frisch Tells you about Buying vs Renting.

A lot of the news sources are talking about how millennials are not buying homes.  The biggest reason that people are concerned about this, is that buying a home is technically a savings plan for retirement.  Because savings has become something of the past the banking system knows that if there is no money in banks it is harder for them to lend to people making it hard for them to make money and have it available for other people.

Think of it as bucket of water. We all want to drink from the bucket of water.  If more people are taking water and not putting any back in, the water will run out someday.

Is Buying vs Renting scary?

A lot of people think that homeownership is a big deal and that you have to know everything about mortgages and how to fix a home before buying one.

The truth is that homes don’t have that many problems.  Plumbing and electrical in homes doesn’t go bad that often. Look at the homes in St. Paul and Minneapolis that are built in the 1880’s.  Furnaces and Air condition last 10 to 15 years and often can be fixed and last longer.  Roof’s, siding and driveways last for 10 to 15 years.  Any problems that come can be easily answered.  Who do I call and how much is going to cost?

What can break and will break in under 5 years.  Appliances are shit now.  The old ones lasted for over 30 years.  Now you will be lucky to get 3 to 5 years out of washer and dryer even if they have a 10 year warranty.  There are several home warranty programs out there that will come out and fix the appliance.  You will have to decide if the cost is worth it compared to replace the appliances as they go.

Buying vs Renting Mortgage

Mortgages are not scary.  Most first time homebuyers only can afford to put 3.5% down payment and that can be from a family member or cities that offer down payment assistance. The only loan with that little down is called an FHA loan.  Do your research on FHA interest rates and what fees a mortgage company charges.

Buying vs Renting Woodbury Realtor

Getting a Realtor can be easy or hard. A Realtor that doesn’t understand how you live your life, it is hard for them to find you the home or townhome that works for you.  Also if they try showing you homes that you don’t want to see is when you need to tell them to stop and if they don’t fire them.

Do you need to sign a buyers representation document? You should feel comfortable with your Woodbury Realtor before signing this since this is a contract that says you will work only with that Realtor.  You can get out of this contract by telling the Realtor that you want cancel it and send you written proof.  I have never had someone want to cancel one of these with me and if they did I would let them.  Why would I want to work with someone that doesn’t want to work with me.  Other Realtors may not agree with this.

Buying vs Renting Just Do It!

Buying is a home is a lot easier than you think and once you start asking questions about how much it will cost and find out the truth and not something that was written on Facebook, you will find out that it will cost less than you thought. Most Realtors are nice. Most Loan officers are nice.  The right people will make you feel comfortable and answer all the questions you have.  The wrong ones will scary you and you will feel pressured. Run away fast.

Feel free to text me with your questions 612.715.6474.  You can message me on FB but make sure you put your question since I get a lot of strangers saying Hi. I have 2k in random friends, go figure.

Buying vs Renting a House with a payment under $1500

  1. 2 beds, 2 baths
    Home size: 1,277 sq ft
    Lot size: 11,717 sqft
    Year built: 2002
    Listed with RE/MAX Professionals
    Broker reciprocity icon
  2. 3 beds, 2 baths
    Home size: 1,328 sq ft
    Lot size: 2,352 sqft
    Year built: 2003
    Listed with White Bear Lake Realty
    Broker reciprocity icon
  3. 2 beds, 2 baths
    Home size: 1,392 sq ft
    Lot size: 7,187 sqft
    Year built: 2002
    Listed with Coldwell Banker Burnet
    Broker reciprocity icon
  4. 2 beds, 1 bath
    Home size: 1,240 sq ft
    Year built: 1993
    Listed with RE/MAX Results
    Broker reciprocity icon
  5. 2 beds, 2 baths
    Home size: 1,230 sq ft
    Lot size: 2,352 sqft
    Year built: 2003
    Listed with Coldwell Banker Burnet
    Broker reciprocity icon
  6. 2 beds, 2 baths
    Home size: 1,800 sq ft
    Lot size: 7,492 sqft
    Year built: 1960
    Listed with RE/MAX Professionals
    Broker reciprocity icon
  7. 2 beds, 2 baths
    Home size: 1,316 sq ft
    Lot size: 5,575 sqft
    Year built: 1873
    Listed with Coldwell Banker Burnet
    Broker reciprocity icon
  8. 2 beds, 2 baths
    Home size: 1,288 sq ft
    Lot size: 5,837 sqft
    Year built: 2005
    Listed with RE/MAX Results
    Broker reciprocity icon
  9. 2 beds, 2 baths
    Home size: 923 sq ft
    Lot size: 3,005 sqft
    Year built: 2005
    Listed with Greater Midwest Realty
    Broker reciprocity icon
  10. 2 beds, 1 bath
    Home size: 775 sq ft
    Lot size: 6,359 sqft
    Year built: 1920
    Listed with Re/Max Results
    Broker reciprocity icon
  11. 2 beds, 2 baths
    Home size: 923 sq ft
    Lot size: 3,920 sqft
    Year built: 2006
    Listed with Keller Williams Classic Realty
    Broker reciprocity icon
  12. 2 beds, 2 baths
    Home size: 1,392 sq ft
    Year built: 2006
    Listed with Coldwell Banker Burnet
    Broker reciprocity icon
  13. 2 beds, 1 bath
    Home size: 1,008 sq ft
    Year built: 1989
    Listed with Dunn Realty Group
    Broker reciprocity icon
  14. 3 beds, 3 baths
    Home size: 1,769 sq ft
    Lot size: 5,619 sqft
    Year built: 2010
    Listed with Keller Williams Premier Realty
    Broker reciprocity icon
  15. 2 beds, 2 baths
    Home size: 1,300 sq ft
    Lot size: 1,306 sqft
    Year built: 2001
    Listed with RE/MAX Advantage Plus
    Broker reciprocity icon
  16. 2 beds, 3 baths
    Home size: 1,760 sq ft
    Year built: 1996
    Listed with RE/MAX Results
    Broker reciprocity icon
  17. 2 beds, 2 baths
    Home size: 1,138 sq ft
    Year built: 1999
    Listed with RE/MAX Results
    Broker reciprocity icon
  18. 3 beds, 3 baths
    Home size: 1,498 sq ft
    Lot size: 1,089 sqft
    Year built: 2004
    Listed with Re/Max Advantage Plus
    Broker reciprocity icon
  19. 3 beds, 2 baths
    Home size: 1,465 sq ft
    Lot size: 1,263 sqft
    Year built: 2002
    Listed with City2Lake Real Estate
    Broker reciprocity icon
  20. 2 beds, 2 baths
    Home size: 1,361 sq ft
    Lot size: 32,277 sqft
    Year built: 1999
    Listed with Keller Williams Premier Realty
    Broker reciprocity icon
  21. 3 beds, 1 bath
    Home size: 1,280 sq ft
    Lot size: 10,454 sqft
    Year built: 1958
    Listed with RE/MAX Professionals
    Broker reciprocity icon
  22. 3 beds, 1 bath
    Home size: 600 sq ft
    Year built: 1972
    Listed with RE/MAX Synergy
    Broker reciprocity icon
  23. 2 beds, 1 bath
    Home size: 1,682 sq ft
    Lot size: 25,700 sqft
    Year built: 1950
    Listed with Edina Realty, Inc.
    Broker reciprocity icon
  24. 2 beds, 1 bath
    Home size: 900 sq ft
    Lot size: 7,840 sqft
    Year built: 1955
    Listed with Keller Williams Realty Elite
    Broker reciprocity icon
  25. 2 beds, 1 bath
    Home size: 984 sq ft
    Lot size: 20,603 sqft
    Year built: 1986
    Listed with Berkshire Hathaway Home Services Sundial Realty
    Broker reciprocity icon
  26. 2 beds, 2 baths
    Home size: 1,288 sq ft
    Lot size: 871 sqft
    Year built: 2006
    Listed with Keller Williams Integrity RE
    Broker reciprocity icon
  27. 2 beds, 2 baths
    Home size: 1,226 sq ft
    Lot size: 2.50 ac
    Year built: 1997
    Listed with Keller Williams Premier Realty
    Broker reciprocity icon
  28. 2 beds, 1 bath
    Home size: 1,147 sq ft
    Lot size: 435 sqft
    Year built: 1997
    Listed with Bridge Realty, LLC
    Broker reciprocity icon
  29. 2 beds, 2 baths
    Home size: 1,244 sq ft
    Lot size: 4,791 sqft
    Year built: 1979
    Listed with Keller Williams Integrity RE
    Broker reciprocity icon
  30. 2 beds, 2 baths
    Home size: 1,614 sq ft
    Lot size: 8,712 sqft
    Year built: 2003
    Listed with RE/MAX Results
    Broker reciprocity icon
  31. 2 beds, 2 baths
    Home size: 1,152 sq ft
    Lot size: 9,278 sqft
    Year built: 1982
    Listed with Keller Williams Classic Realty
    Broker reciprocity icon
  32. 2 beds, 2 baths
    Home size: 1,072 sq ft
    Lot size: 4,225 sqft
    Year built: 1981
    Listed with RE/MAX Results
    Broker reciprocity icon
  33. 2 beds, 1 bath
    Home size: 912 sq ft
    Lot size: 20,734 sqft
    Year built: 1935
    Listed with Coldwell Banker Burnet
    Broker reciprocity icon
  34. 2 beds, 2 baths
    Home size: 1,233 sq ft
    Lot size: 871 sqft
    Year built: 2006
    Listed with Keller Williams Integrity Rlty
    Broker reciprocity icon
  35. 2 beds, 2 baths
    Home size: 1,323 sq ft
    Lot size: 1,393 sqft
    Year built: 1994
    Listed with Edina Realty, Inc.
    Broker reciprocity icon
  36. 3 beds, 3 baths
    Home size: 1,538 sq ft
    Lot size: 1,089 sqft
    Year built: 2004
    Listed with RE/MAX Results
    Broker reciprocity icon
  37. 2 beds, 2 baths
    Home size: 1,500 sq ft
    Year built: 2001
    Listed with Keller Williams Preferred Rlty
    Broker reciprocity icon
  38. 2 beds, 2 baths
    Home size: 1,488 sq ft
    Year built: 2005
    Listed with Greater Midwest Realty
    Broker reciprocity icon
  39. 2 beds, 2 baths
    Home size: 1,252 sq ft
    Year built: 1990
    Listed with Greater Midwest Realty
    Broker reciprocity icon
  40. 2 beds, 2 baths
    Home size: 1,100 sq ft
    Lot size: 3,746 sqft
    Year built: 1981
    Listed with Lentsch Company
    Broker reciprocity icon
  41. 2 beds, 2 baths
    Home size: 1,075 sq ft
    Lot size: 4,138 sqft
    Year built: 1981
    Listed with RE/MAX Advantage Plus
    Broker reciprocity icon
  42. 2 beds, 1 bath
    Home size: 972 sq ft
    Lot size: 7,405 sqft
    Year built: 1990
    Listed with Greater Midwest Realty
    Broker reciprocity icon
  43. 1 bed, 1 bath
    Home size: 815 sq ft
    Year built: 1983
    Listed with RE/MAX Results
    Broker reciprocity icon
  44. 3 beds, 1 bath
    Home size: 1,432 sq ft
    Lot size: 13,939 sqft
    Year built: 1950
    Listed with JPS Pro Realty
    Broker reciprocity icon
  45. 2 beds, 1 bath
    Lot size: 1.01 ac
    Year built: 1950
    Listed with Lentsch Company
    Broker reciprocity icon
  46. 3 beds, 2 baths
    Home size: 1,200 sq ft
    Lot size: 9,888 sqft
    Year built: 1964
    Listed with LaBelle Real Estate Group Inc
    Broker reciprocity icon
  47. 2 beds, 2 baths
    Home size: 911 sq ft
    Lot size: 3,920 sqft
    Year built: 2005
    Listed with Morgan And Trust Realty
    Broker reciprocity icon
  48. 2 beds, 1 bath
    Home size: 1,400 sq ft
    Lot size: 11,325 sqft
    Year built: 1958
    Listed with Kris Lindahl Real Estate
    Broker reciprocity icon
  49. 3 beds, 3 baths
    Home size: 1,482 sq ft
    Year built: 2002
    Listed with Red Key Realty
    Broker reciprocity icon
  50. 2 beds, 3 baths
    Home size: 1,620 sq ft
    Lot size: 7,013 sqft
    Year built: 2007
    Listed with Premier Real Estate Services
    Broker reciprocity icon

See all Real estate matching your search.
(all data current as of 6/18/2018)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 

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