Today I’m joined by Shane Hofmann of Edina Realty Mortgage to talk about a great new program they’re offering called the Edina Buyer Advantage.
How does it work? First, it allows you to go through the underwriting process up front —before you even have a property under contract. After completing this process, you’re equipped with a Buyer Advantage Certificate, which is basically a commitment letter verifying that you’re qualified to buy.
With this program, you can also lock in your interest rate for 90 days and offer a guarantee of $12,500 to the seller of your prospective home if you don’t close on time.
As a Realtor, I can tell you that this program is a great way to write an offer. If you’re a seller, you also can’t do much better than an offer backed by this program.
If you have any more questions about this program, you can give Shane Hofmann a call at (952) 484-2319.
As always, if you have any other real estate questions for me, feel free to reach out to me. I’d be happy to help you.