Move in 45 days! 20 min from Fargo ND | Homes For Sale

Move in 45 days! 4 bedrooms and 3 baths a rare find just a short drive from Fargo-Moorhead! Open concept main living space, New appliances, all new flooring, master bedroom has on suite bathroom with walk in closet. triple attached garage. Back of home faces the west and has a shelter belt with young trees. Full access to lower level from the garage, which is great after a hunt or snowmobiling.

You have to see this uniquely finished bi-level! You won't find another one like it, this close to town.

FargoHomeSearch.com

Buying your first home in Fargo-Moorhead?

The home buying process is a considerably high-stakes endeavor, especially for first-time home buyers in Fargo-Moorhead. According to the National Association of Realtors, buyers under the age of 36 have made up the largest proportion of home buyers in the U.S. over the last four years. Of this proportion, 65 percent of the buyers purchased a home for the very first time. Whether you are a first time home buyer or someone in need of a refresher, this comprehensive guide to the home buying process is just for you.

Home Buying Process Step By Step with Modern Market Realtors

The home buying process can take someone anywhere from just a few weeks to several months, depending on factors affecting inventory, or their level of pickiness or budget, while sometimes it just comes down to luck. For starters, future home owners should kick off the process of buying a home months in advance with the research phase:

1. Start your research now:
If the possibility of buying a home is on your mind, it’s a good idea to start conducting research early. Reading articles on the home buying process can help you set financial goals, while perusing real estate listings can help you get an idea of what type of property you can afford.

2. Find out what you can afford:
Once you have a general idea of the type of home you’d like to buy, the next step is figuring out how much house you can afford.

3. Get pre-approved for a mortgage loan:
Although you can estimate how much house you can afford, a traditional mortgage lender may have a different opinion. By getting pre-approved for a mortgage loan, you will get a definitive answer for how much a financial institution will lend you. For this process, be prepared to submit copies of your financial documents.

4. Get to know real estate agents:
Enlisting the help of a real estate agent can make your search much easier. According to the National Association of Realtors, 88 percent of all buyers in 2019 purchased their home through an agent. A good real estate agent will inform you on the home buying process and provide their expertise on local market trends. In addition, they will connect you with listings within your price range that best suit your needs, as well as help negotiate the purchase price.

5. Find your dream home and make an offer:
You can find for-sale properties through listing websites, local publications and your real estate agent. Start touring homes to develop a sense of what you want and don’t want in your home, as well as what type of inventory is available in your desired neighborhood. Once you find a property that meets your needs, work with your agent to negotiate a fair price with the seller.

6. Get your property inspected:
Once the property enters escrow, the purchase should be contingent upon it passing a home inspection. Once your offer is accepted, arrange to have an inspector visit the property and identify anything that needs to be fixed. Both you and the seller should receive a copy of the inspection report, after which you can renegotiate with the seller in case anything needs to be fixed. In worst cases, the contingency also protects you in the event that you would like to withdraw your offer.

7. Work with your Local lender:
Next, sit down with your lender and determine the type of mortgage loan that best suits your financial goals. For example, you may be interested in having the lowest possible monthly payment, fixed payments over time, or perhaps a loan best fit for selling the property in just a few years.

8. Schedule a home appraisal:
After you have been approved for a mortgage loan, your lender will arrange to have a third party company to appraise the value of the property. This process is in the best interest of you and your lender, to ensure that they are providing a loan for a property that has been priced fairly.

9. Work with a title company:
The home buying process will result in a large stack of legal and financial paperwork. The mortgage lender will usually make arrangements for a title company to manage the paperwork process, through which they will make sure that the seller is the rightful owner of the property.

10. Close the deal and get the keys:
Once the sale is finally closed and all the purchase paperwork is signed, the property will finally be yours. Once the seller receives the check, you will receive the keys to your new property.

Modern Market Realtors
1306 24 ave S
Moorhead, MN 56560
(701)205-5517
https://fargohomesearch.com
https://g.page/FargoRealtors

Working with a Homebuyer’s agent is 100% free at Modern Market Realtors

You’ll find exactly what you're looking for when you work with a Modern Market Realtor broker to secure your new home. Working with a buyer’s agent is 100% free, so it makes sense to have someone represent you throughout the process and help you navigate the market.

Your realtor will advocate for you every step of the way. From the initial meeting where they will listen to your wish list and address all of your concerns, to the day you move into your new home, you’ll have a partner through it all.

Local knowledge and personal attention
Our team is well versed in the extensive list of Fargo-Moorhead neighborhoods and surrounding suburbs. We understand the nuances of each and can help you find the perfect location for your new home. Our brokers are passionately committed to communication and connection, working with you closely to understand your needs to help you get exactly what you want.

Your real estate partner Modern Market Realtors
We exclusively represent your interests at every stage of buying a home, acting as your trusted advocate when overseeing inspections, securing financing, and reviewing the contingencies and legal procedures. We will always take the time necessary to understand your needs, home buying aspirations, financial resources, and lifestyle to determine the optimal purchase. We’ll be there for you even after you’ve completed your home buying journey. You can count on your Modern Market Realtors to be a resource for any questions that arise once you’ve settled in.

Fargo Homes For Sale
Fargo REALTORS® | Real Estate Agents | Modern Market REALTORS®

Modern Market Realtors offers complete real estate services in the Fargo / Moorhead area.

Modern Market Realtors offers complete real estate services in the Fargo / Moorhead area.

With COVID-19 cases continuing to rise each day, realtors in hard-hit states are adjusting their practices to slow the spread of the illness.
Now that there are confirmed COVID-19 cases in Fargo, Moorhead area, We still do not have any hard data on how this may affect the viewing of properties for sale in North Dakota or Western Minnesota. Many things have changed in a very short time throughout the spread of the coronavirus (COVID-19). People need to remember that every single time we've seen a downturn in our economy, our market has recovered 100 percent of the time.

Should we be worried about the real estate industry and is now the time to refinance your home?
Many homeowners locally are refinancing and saving money now that the federal reserve lowered interest rates.

Experts urge you to be cautious because not every lender is passing along the savings.

Should you refinance? We can't answer that for you specially but is it worth a call to your local lender or local realtor? Yes,

You wouldn't know it by looking down the street but many real estate agents and lenders are bracing for potential impact.

Modern Market Realtors encourages members to have open and honest conversations with sellers about the pros and cons of holding an open house so they can make informed decisions based on local risk factors and their comfort level. These types of conversations are also happening with buyer clients regarding how they choose to view homes.
“We have heard local reports that folks are taking advantage of video and virtual tours, which allow buyers to view listed homes from anywhere, and instead of making appointments, some listing agents have implemented ‘showing hours’ to limit the number of people who visit the property to a predetermined time frame.” How big of an impact and where and how it hits is still kind of a mystery; we're taking it day by day at Modern Market Realtors.

These unique challenges will pass in time. I remain optimistic for the future. Thank You Health Care Workers" and "Everything Will Be Alright." We will get through this, together, because we are a resilient community and society.”

Fargo ND, Will coronavirus effect our economy, real estate?

Will coronavirus effect on our economy, real estate?

The average rate on the popular 30-year fixed mortgage hit 3.34% on Monday, according to Mortgage News Daily. That is for borrowers with strong financials and credit scores.

Applications to refinance a home loan are up around 165% annually, according to the Mortgage Bankers Association.

Reasons to Hire a Real Estate Agent

Reasons to Hire a Real Estate Agent at Modern Market Realtors
It's All About the Money...
 Consider this if you're contemplating going "FSBO"—for sale by owner—when listing your home. Of course, you want to get as much for their home as possible, and you might think that means not parting with extra commissions. But a 2019 study indicated that FSBOs fetched about 30% less for their owners than agent-listed properties, that’s a boat load of money.
And the truth is your probably going to have to pay a commission anyway if your buyer is represented by an agent. The buyer's agent's commission is typically factored into the deal—although you'll still save on the commission you would otherwise have paid your own agent, at the end of the day its pennies on the dollar.
And why not use an agent if you're the buyer? After all, the seller is paying the commission, not you. Of course, there's always a slim possibility that the seller will refuse to do so, but you can probably move on and look at other properties if it appears that this will be the case, although it can depend on whether you're shopping in a buyers' or sellers' market and who has the upper hand.  Its all tricky and complicated when you deal with o owner directly on what will most likely be your biggest purchase in your life.

Modern Market REALTORS
focuses on quality of service and excellent performance with each and every client.

Modern Market REALTORS
1306 24th Ave S
Moorhead, MN 56550

(701) 205-5517

Why rent when you could buy this awesome Moorhead MN Townhome?

Description

NEW APPLIANCES worth $1,800 included with acceptable offer! Come on in! This 2 bedroom, 2 bathroom townhouse located directly across the street from Moorhead High School. New flooring throughout entire home. New carpet on the main,upstairs and downstairs. The main level boasts a 1/2 bath & kitchen both with new flooring and living/dining room. Upstairs you find 2 bedrooms and a full bathroom with new flooring. Lower level has a family room and huge laundry room with tons of room for storage. This home has so much to offer. Schedule your showing today! Home owners association includes lawn and snow removal.

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