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Chad and Sara are Executive Circle sales associates at Edina Realty and are committed to serving clients in a manner that is ethical and respects confidentiality without giving up the aggressiveness and tenacity it takes to get homes sold.

Let’s Explore Your Selling Options. We will help you sell your home at the price and terms you want. Free Strategy Call

Due to rising home values and changing interest rates, some buyers have expressed concerns about the affordability of buying their first property. To offer some solutions, Shane Hofmann of Edina Realty Mortgage joined us for an interview. He’ll share some of the programs and options lenders have been working on to make the purchases of first-time homebuyers more affordable. 

Feel free to watch the full video above or use these timestamps to browse specific topics at your leisure:

0:00 — Introduction

1:18 — Program No. 1: Different kinds of rate buydowns

2:36 — Program No. 2: Scott County Grant

4:32 — Advice for buyers: Marry the house, date the rate

5:39 — Wrapping up

If you have any questions about the mentioned programs, don’t hesitate to call Shane Hofmann at (952) 484-2319. For any of your real estate needs or inquiries, call or email us. We’re happy to hear from you.

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