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, 1 bath
    Home size: 968 sq ft
    Lot size: 2,613 sqft
    Year built: 1972
    Listed with Keller Williams Premier Realty
    Broker reciprocity icon
  2. 4 beds, 2 baths
    Home size: 1,657 sq ft
    Lot size: 12,196 sqft
    Year built: 1977
    Listed with Berkshire Hathaway HomeServices Lovejoy Realty
    Broker reciprocity icon
  3. 2 beds, 1 bath
    Home size: 1,020 sq ft
    Lot size: 15,333 sqft
    Year built: 1988
    Listed with Edina Realty, Inc.
    Broker reciprocity icon
  4. 2 beds, 2 baths
    Home size: 1,400 sq ft
    Year built: 2002
    Listed with RE/MAX Results
    Broker reciprocity icon
  5. 3 beds, 2 baths
    Home size: 1,438 sq ft
    Lot size: 14,766 sqft
    Year built: 2002
    Listed with RE/MAX Professionals
    Broker reciprocity icon
  6. 3 beds, 2 baths
    Home size: 1,356 sq ft
    Lot size: 10,890 sqft
    Year built: 1992
    Listed with Keller Williams Classic Rlty NW
    Broker reciprocity icon
  7. 2 beds, 2 baths
    Home size: 1,213 sq ft
    Lot size: 10,672 sqft
    Year built: 1996
    Listed with Edina Realty, Inc.
    Broker reciprocity icon
  8. 2 beds, 2 baths
    Home size: 1,166 sq ft
    Year built: 1999
    Listed with Coldwell Banker Burnet
    Broker reciprocity icon
  9. 3 beds, 1 bath
    Home size: 1,366 sq ft
    Lot size: 11,325 sqft
    Year built: 1952
    Listed with Realty Group, Inc.
    Broker reciprocity icon
  10. 2 beds, 2 baths
    Home size: 1,176 sq ft
    Lot size: 7,405 sqft
    Year built: 1873
    Listed with Keller Williams Premier Realty
    Broker reciprocity icon
  11. 1 bed, 1 bath
    Home size: 1,002 sq ft
    Lot size: 14,810 sqft
    Year built: 1890
    Listed with Edina Realty, Inc.
    Broker reciprocity icon
  12. 2 beds, 2 baths
    Home size: 1,473 sq ft
    Lot size: 1,655 sqft
    Year built: 2001
    Listed with Garnet Real Estate Services
    Broker reciprocity icon
  13. 2 beds, 2 baths
    Home size: 1,540 sq ft
    Lot size: 1.35 ac
    Year built: 2003
    Listed with Twin City Real Estate Services
    Broker reciprocity icon
  14. 3 beds, 2 baths
    Home size: 1,850 sq ft
    Lot size: 4,573 sqft
    Year built: 1991
    Listed with Twin City Real Estate Services
    Broker reciprocity icon
  15. 3 beds, 2 baths
    Home size: 1,600 sq ft
    Lot size: 11,325 sqft
    Year built: 1971
    Listed with Edina Realty, Inc.
    Broker reciprocity icon
  16. 3 beds, 1 bath
    Home size: 1,474 sq ft
    Lot size: 10,105 sqft
    Year built: 1960
    Listed with Weichert, Realtors-Advantage
    Broker reciprocity icon
  17. 2 beds, 2 baths
    Home size: 1,138 sq ft
    Lot size: 1,306 sqft
    Year built: 1999
    Listed with Coldwell Banker Burnet
    Broker reciprocity icon
  18. 2 beds, 2 baths
    Home size: 1,086 sq ft
    Year built: 1998
    Listed with Keller Williams Premier Realty
    Broker reciprocity icon
  19. 2 beds, 2 baths
    Home size: 1,316 sq ft
    Year built: 1974
    Listed with RE/MAX Results
    Broker reciprocity icon
  20. 2 beds, 1 bath
    Home size: 936 sq ft
    Lot size: 1,960 sqft
    Year built: 1972
    Listed with National Realty Guild
    Broker reciprocity icon
  21. 2 beds, 2 baths
    Home size: 1,125 sq ft
    Lot size: 1.46 ac
    Year built: 1989
    Listed with Keller Williams Integrity Realty
    Broker reciprocity icon
  22. 2 beds, 2 baths
    Home size: 1,730 sq ft
    Lot size: 11,064 sqft
    Year built: 1957
    Listed with White Bear Lake Realty
    Broker reciprocity icon
  23. 3 beds, 2 baths
    Home size: 1,600 sq ft
    Lot size: 4,007 sqft
    Year built: 1988
    Listed with Edina Realty, Inc.
    Broker reciprocity icon
  24. 5 beds, 2 baths
    Home size: 1,924 sq ft
    Lot size: 5,619 sqft
    Year built: 1930
    Listed with Garnet Real Estate Services
    Broker reciprocity icon
  25. 2 beds, 2 baths
    Home size: 1,465 sq ft
    Year built: 2000
    Listed with America's Realty Group LLC
    Broker reciprocity icon
  26. 3 beds, 3 baths
    Home size: 1,494 sq ft
    Year built: 2000
    Listed with Avenue Realty
    Broker reciprocity icon
  27. 3 beds, 2 baths
    Home size: 1,528 sq ft
    Lot size: 5,227 sqft
    Year built: 1993
    Listed with Coldwell Banker Burnet
    Broker reciprocity icon
  28. 2 beds, 2 baths
    Home size: 1,349 sq ft
    Year built: 2002
    Listed with Keller Williams Premier Realty
    Broker reciprocity icon
  29. 2 beds, 2 baths
    Home size: 1,260 sq ft
    Year built: 1962
    Listed with Coldwell Banker Burnet
    Broker reciprocity icon
  30. 2 beds, 2 baths
    Home size: 1,371 sq ft
    Lot size: 2,962 sqft
    Year built: 2005
    Listed with LaBelle Real Estate Group Inc
    Broker reciprocity icon
  31. 3 beds, 2 baths
    Home size: 1,525 sq ft
    Year built: 2003
    Listed with RE/MAX Professionals
    Broker reciprocity icon
  32. 2 beds, 2 baths
    Home size: 1,288 sq ft
    Lot size: 5,837 sqft
    Year built: 2006
    Listed with Greater Midwest Realty
    Broker reciprocity icon
  33. 4 beds, 2 baths
    Home size: 1,406 sq ft
    Lot size: 6,969 sqft
    Year built: 1929
    Listed with Coldwell Banker Burnet
    Broker reciprocity icon
  34. 2 beds, 2 baths
    Home size: 1,250 sq ft
    Lot size: 10,672 sqft
    Year built: 1998
    Listed with RE/MAX Professionals
    Broker reciprocity icon
  35. 3 beds, 2 baths
    Home size: 1,442 sq ft
    Lot size: 1,742 sqft
    Year built: 1986
    Listed with Edina Realty, Inc.
    Broker reciprocity icon
  36. 2 beds, 2 baths
    Home size: 1,078 sq ft
    Year built: 2006
    Listed with RE/MAX Professionals
    Broker reciprocity icon
  37. 3 beds, 2 baths
    Home size: 1,580 sq ft
    Year built: 2005
    Listed with AA Realty
    Broker reciprocity icon
  38. 2 beds, 1 bath
    Home size: 1,023 sq ft
    Year built: 2006
    Listed with RES Realty
    Broker reciprocity icon
  39. 2 beds, 1 bath
    Home size: 1,000 sq ft
    Lot size: 3,179 sqft
    Year built: 1975
    Listed with Edina Realty, Inc.
    Broker reciprocity icon
  40. 3 beds, 2 baths
    Home size: 2,048 sq ft
    Lot size: 12,196 sqft
    Year built: 1958
    Listed with Real Estate Masters, Ltd
    Broker reciprocity icon
  41. 2 beds, 2 baths
    Home size: 1,164 sq ft
    Year built: 1995
    Listed with RE/MAX Results
    Broker reciprocity icon
  42. 2 beds, 2 baths
    Home size: 1,874 sq ft
    Year built: 1979
    Listed with Keller Williams Premier Realty
    Broker reciprocity icon
  43. 1 bed, 2 baths
    Home size: 704 sq ft
    Lot size: 24,262 sqft
    Year built: 1956
    Listed with RE/MAX Advantage Plus
    Broker reciprocity icon
  44. 2 beds, 2 baths
    Home size: 1,176 sq ft
    Lot size: 13,764 sqft
    Year built: 2004
    Listed with RE/MAX Results
    Broker reciprocity icon
  45. 3 beds, 2 baths
    Home size: 1,560 sq ft
    Lot size: 7,884 sqft
    Year built: 1983
    Listed with Coldwell Banker Burnet
    Broker reciprocity icon
  46. 2 beds, 2 baths
    Home size: 1,364 sq ft
    Year built: 2001
    Listed with Edina Realty, Inc.
    Broker reciprocity icon
  47. 3 beds, 2 baths
    Home size: 1,145 sq ft
    Lot size: 13,503 sqft
    Year built: 1991
    Listed with RE/MAX Synergy
    Broker reciprocity icon
  48. 3 beds, 1 bath
    Home size: 1,312 sq ft
    Lot size: 10,890 sqft
    Year built: 1952
    Listed with Keller Williams Premier Realty
    Broker reciprocity icon
  49. 2 beds, 2 baths
    Home size: 1,454 sq ft
    Year built: 2002
    Listed with Coldwell Banker Burnet
    Broker reciprocity icon
  50. 2 beds, 1 bath
    Home size: 1,368 sq ft
    Lot size: 2,831 sqft
    Year built: 1973
    Listed with DirectByOwner.com
    Broker reciprocity icon

See all Real estate matching your search.
(all data current as of 9/21/2017)

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

 

Dale Frisch

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