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Derrick Monroe Group

Real Estate in the Western Minneapolis Suburbs

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  • Featured Cities
        • Western Suburbs
          • Annandale
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Buyer Information

Tax Credit For Home Buyers

November 6, 2009 //  by Derrick Monroe

The Senate has voted last night (11/4) to extend and expand a popular tax credit for homebuyers that was scheduled to expire Nov. 30. The House is expected to schedule a quick vote on the bill as early as today 11/5 as part of a package that also extends unemployment benefits for people out of …

Category: Buyer Information

Search MLS Listed Homes For Sale

October 23, 2009 //  by Derrick Monroe

With so many sites out there on the web these days what is the easiest way for you to search the MLS and find that perfect property? One way you could do it it jump from site to site and log in several times a day or night to see what’s new or you could …

Category: Buyer Information

Basic Info On The $8,000 Tax Credit

October 22, 2009 //  by Derrick Monroe

Many people are still wondering what the $8,000 tax credit is all about so we have put $8,000 tax credit by Derrick Monroetogether a quick Q&A of the most common questions. Q: What type of home purchases qualify for the first time home-buyer credit? A: Any home located within the United States that is a …

Category: Buyer Information

Home Buyer Tax Credit Extension & Changes

October 6, 2009 //  by Derrick Monroe

Here are some of the most frequently asked questions on the changes to the Homebuyer Tax Credit Question: Existing homeowner credit: Must the new house cost more than the old house? Answer: No. Thus, for example, individuals who move from a high cost area to a lower cost area who meet all eligibility requirements will …

Category: Buyer Information

Home Buyer Tax Credit Update

July 1, 2009 //  by Derrick Monroe

Home Buyer Tax Credit Could Expand. A first time home buyer tax credit of up to $8,000 has helped to move housing inventory during an otherwise sluggish real estate market. Now there is talk between both the business community and legislators to expand the already popular tax credit program even further. Many bills have been …

Category: Buyer Information

8,000 Reasons To Buy Now

February 18, 2009 //  by Derrick Monroe

First Time Home Buyer Tax Credit Are you a buyer still on the fence whether you should buy or not? Have you been watching the market closely and trying to catch it at the right time? The time is here and not only can we share 8,000 great reasons to buy now, don’t forget to …

Category: Buyer Information

Can I Buy A Home With Less Than 20% Down?

February 5, 2009 //  by Derrick Monroe

I have been getting many questions recently on loans. The most common questions I am hearing are, “Can I qualify for a loan” and “Can I buy a home with less than 20% down” – the answer is YES. With all the news and hype about the housing market and loan industry its no wonder …

Category: Buyer Information

First Time Home Buyer Tax Credit

January 19, 2009 //  by Derrick Monroe

This page describes how the mortgage relief tax credit effects the first time home buyer. Who is Eligible: The $7,500 tax credit is available for first-time home buyer only. The law defines a first-time home buyer as a buyer who has not owned a home during the past three years All U.S. Citizens who file …

Category: Buyer Information

Buyers — Waiting for the Bottom — Five Reasons to Buy Now

January 14, 2009 //  by Derrick Monroe

Got real estate and a new home on the brain but don’t know when to jump in? All your friends and family have their opinion, the news another and its all too confusing, right? Don’t let it be, just step back, look at the big picture and ask yourself some questions. Home prices are at …

Category: Buyer Information

Should You Get A Home Warranty

October 23, 2008 //  by Derrick Monroe

Is your new home covered? There are basically two types of Home Warranties. The end of builder’s warranty that comes with a newly constructed home and the type of home warranty you buy for pre-owned homes. We’ll be talking about the pre-owned home warranties in this article. The views in this article are my opinion …

Category: Buyer Information

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The Derrick Monroe Group
Broker – Lakes Area Realty
8010 Highway 55
Rockford, MN 55373
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