Mortgage Process

October 14th, 2019

Your Go-To Guide:

Bottom Line:

  • Once you have done all your research and have talked to professionals, the process is stress free!
  • If you have any questions about being a home owner don’t be afraid to reach out to us at 651-777-3434

New Listing!

October 9th, 2019

Absolutely adorable update rambler in Roseville schools! Quiet street, tucked away but with easy access to highways and both Minneapolis and St. Paul.

Contact The Smith Team at 651-777-3434 today if you believe this is your forever home!

The Acronyms You Need To Know

October 7th, 2019

New Listing!

October 3rd, 2019

Don’t miss out!

Located on a picturesque tree-lined street of mid-century modern homes, just blocks from the Mississippi River; this expansive rambler awaits you. From the rolling front lawn to the secluded and private back yard, this home has been lovingly maintained for years and is ready for a new owner.

Contact The Smith Team at 651-777-3434 today if you believe this is your forever home!

Get Ready For Your Successful Remodel!

October 2nd, 2019

Are You Ready To Remodel Your Home?


Thinking about remodeling your home?

Read this article from Family Handyman for 20 tips on remodeling your home!



Being A Part Of A Community

October 1st, 2019


Belonging To Something Bigger:

When you move into your new house you join a new neighborhood and a new community. This lets you meet new people that share the same pride, that you have, for living where you do. Establishing those new connections with your neighbors, is a wonderful way to feel welcomed and like you are a part of your new community.

Contact The Smith Team if you are ready to be a part of a great community today!

The Cost Of Waiting

September 30th, 2019

Should You Buy Now or Wait?

Some Highlights:

  • Home prices are expected to go up 5.4% according to CoreLogic Projection.
  • If you buy now your monthly mortgage payment will be less than if you wait a year!
  • Interest rates are expected to go up in the next year.

Let’s Talk Refinancing!

September 26th, 2019

Are you thinking about refinancing?

One great question we get from our friends and clients relates to refinancing your existing mortgage. When is the right time to refinance?  Basically, when you are refinancing, you are purchasing your home again. There are benefits and there are costs associated with this.

Time: How long do you plan to stay in your current home? If your plans are to move in the next few years will you recoup the costs with a refinance?
Rate: The lending industry has used the 1% rule as a guideline for refinancing. Meaning that if you can drop your rate by 1% you should consider refinancing.

Here’s an example: If the cost to refinance would cost $4000 and your monthly payment would be reduced  by $200 a month, you would recoup the cost in only 20 months!

Term: One great strategy is to refinance from a 30 year mortgage to a 15 year mortgage and reduce the time it would take to pay off your loan.  People will often keep their monthly payment the same and be able to knock several years off the life of the loan.
PMI/MIP or Private Mortgage Insurance: Look at your monhtly mortgage statement and see if you are paying PMI. If you are, you might be able to petition to remove the PMI by showing you have 20-25% equity in your home. The cost of this typically the cost of a bank appraisal. We can help with a quick market valuation for your home.
If this information is helpful and got you thinking about potentially refinancing, please reach out and we are happy to give you a quick summary of all these aspects.  We can also connect you with a trusted lender that will provide you with the right information to make a smart decision.

New Listing!

September 25th, 2019

The Perfect Home Awaits!

This beautiful 3-bedroom, 2 bath home is officially on the market! Just down the road from Silver Lake, this home sits in a quiet, charming neighborhood.

Give Scott Smith a call today if you or someone you know would be interested in this home… 612-817-7955

4 Reasons To Sell This Fall

September 24th, 2019


Some Highlights:

  • There is less competition for sellers in the market right now!
  • Listings were only on the market for an average of 31 days last month!
  • Prices are projected to appreciate by 5.4% over the next year!