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Sold - 1825 158th LN NW Andover

$315,800

Photo of 1825 158th Lane NW, Andover, MN, 55304.

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Address: 1825 158th Lane NW	City/ST: Andover, MN	Zip Code: 55304
Property Type: BANK OWNED	New or Resale: Resale	Square Footage: 3714
Bedrooms: 5	Bathrooms: 4	MLS# 3857619

Great 2-Story home with 4 bedrooms up! This home has a fully finished lower level with a 36x16 family room that features a wet bar. The huge master bedroom also has a small office within the bedroom. Home sold for $640,000 new 2 years ago. New construction in area for $500,000 plus! Hurry this one won't last long.

Last Updated: 1/26/2010 12:23:21 PM

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Financing Your Home >Qualifying Guidelines

It may be difficult to qualify for a home mortgage loan. As a buyer, you may find the perfect home, but finding the perfect financing might become elusive. After you complete the application process, your lender may turn you down, which is an upsetting development for any prospective homebuyer. What can be done to remedy such a setback?

The answer depends on why you were turned down. If your income is too low to satisfy one mortgage company, there might be another company with more liberal qualifying guidelines. If you have had credit problems, some lenders may be more willing than others to help you clear them up in a manner that satisfies their underwriters. If your loan runs into problems, sit down with the loan officer and your real estate agent to investigate the possibility of using a different lender. The first company may be able to "assign" the package to a competitor, enabling you to use your same credit report and appraisal. You will need the cooperation of your sellers, too.

While loan rejections are disappointing, they can be resolved.

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Q	Where was the actual location of the fictional Genovian Consulate in the 2001 Disney comedy, "The Princess Diaries"?
A	The historic Doheny mansion, located on the campus of Mount St. Mary's College, near downtown Los Angeles.
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Steve Comstock, REALTOR�, real estate agent and broker for Minneapolis West Suburbs, Maple Grove, St. Michael and Albertville, Minnesota home listings, property and land for sale - NUMBER1EXPERT

Steve Comstock
Arrow Real Estate Corp
11225 90th Ave N Suite 203
Maple Grove, MN 55369
612-454-1450
Fax: 952-843-5661
SteveComstock@NUMBER1EXPERT.com
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