Fargo-Moorhead Real Estate Update | Berkshire Hathaway HomeServices Premier Properties

What Are the Qualifications for a Mortgage Assumption?

Posted on July 16, 2018

Before a mortgage loan can be assumed, the following conditions must be met: First, the loan must be current since delinquent mortgages cannot be assumed. The mortgage assumption must be pre-approved by the issuing agency (such as the FHA or VA)… and the buyer must agree to assume the entire mortgage obligation. Furthermore, the buyer must be able to be approved for the mortgage being assumed. For example, if the mortgage to be assumed is an FHA loan, the buyer…

Local Update
June 2018 Agent Sales & Listing Leaders

Congratulations to our June #GoodToKnow Real Estate Leaders! Agent Sales Leader: Sabrina Anderson Agent Sales Runner-Up: Bryan Buhr Agent Listing Leader: Jon Bennett Agent Listing Runner-Up: Peggy Isakson Team Sales & Team…

July 11, 2018
Homeowners Local Update
How to Maintain Wood Floors

To keep your wood floors looking and performing well for generations, the National Wood Floor Association recommends the following: Use throw rugs inside doorways to prevent debris from being tracked in…

July 9, 2018
Buyers Homeowners Local Update Sellers
The Dollars and Cents of the Home Buying Process

If you want to know how to buy a house, you’ve come to the right place! See our #GoodToKnow REALTOR® Katie Dewar explain the dollars and cents of the home buying…

July 6, 2018
Buyers Homeowners Local Update Sellers
BHHS Premier Properties is More than a Company that Buys and Sells Homes!

Berkshire Hathaway HomeServices Premier Properties is more than just a real estate company that buys & sells homes! See our #GoodToKnow REALTORS® Meagan Bauer and Heidi Boushey talk about the different…

June 29, 2018
Buyers Local Update Sellers
What is the REALTOR® Code of Ethics

REALTORS® subscribe to a strict code of ethics. Let’s take a look at what that means for their clients: REALTORS® pledge to protect and promote the interests of their client when…

June 25, 2018
Buyers Local Update Sellers
Square Footage: How Important is it When Buying or Selling a Home?

Do you know how important square footage is when buying or selling a home? Watch our #GoodToKnow REALTOR® Paul Hoglin explain how to calculate square footage and it’s importance in purchasing…

June 21, 2018
Homeowners Local Update Sellers
Tips for Selling Household Items

Holding a sale to get rid of unwanted household items can take a lot of planning and can be frustrating if you are not organized. Here are some tips to make…

June 18, 2018
Buyers Local Update Sellers
3 Simple Ways to Purchase a Home

Are you thinking about upsizing, downsizing, or becoming a first time home buyer?! See our #GoodToKnow REALTOR® Conrad J. Klinkhammer share some simple tips to purchasing a home! Awesome job on…

June 15, 2018
Homeowners Local Update
Signs of Foundation Problems

As a homeowner, you should periodically inspect your foundation for signs that could indicate a potential problem. Here are a few things to look for: Cracks in the foundation, whether inside…

June 11, 2018

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