Bear Island Land Co., Inc.

~Your Recreational Real Estate Professionals~

Selling Real Estate in Ely, Minnesota

Buyer Real Estate Information


Following is a list of resources that will make you a better-informed buyer and help you through the buying process.

Buying a Home
U.S. Department of Housing and Urban Development's HUD Internet Website.

Dictionary of Terms
An dictionary of common real estate and mortgage terms.

Fannie Mae
The Federal National Mortgage Association site has a section for professional mortgage lenders and several sections for home buyers, including the home buyer section, with lists of properties for sale and other information and the Home Path section, with articles about home buying and financing, including interactive mortgage calculators. A link is provided to the Fannie Mae Foundation, which offers home buyer information in seven languages, provides special information for immigrants and has an English as a second language curriculum available.

Home Inspection Services
Tom Gobats and his Eveleth business, Northern Lights Home Inspection, will provide you with a thorough unbiased, detailed, confidential and professional inspection of your property, whether that is your home or a commercial building

Home Buyer's and Seller's Guide to Radon
The United States Environmental Protection Agency publication that answers important questions about radon and lung cancer risk. It also answers questions about testing and fixing for anyone buying or selling a home.

Home Buyer's Handbook
A handbook for buyers developed by the State of Minnesota Attorney General's Office.

The Home Energy Saver
The Home Energy Saver is designed to help consumers identify the best ways to save energy in their homes, and find the resources to make the savings happen. The Home Energy Saver was the first Internet-based tool for calculating energy use in residential buildings. The project is sponsored by the U.S. Department of Energy (DOE), as part of the national ENERGY STAR Program for improving energy efficiency in homes, with previous support from the U.S. Environmental Protection Agency (EPA), and the California Energy Commission's Public Interest Energy Research (PIER) program.

How to Buy a Home With a Low Down Payment
Describes how to qualify for a low down payment mortgage, determine what you can afford, and how mortgage insurance works. Developed by Mortgage Insurance Companies of America in cooperation with the Extension Service of the U.S. Department of Agriculture.

Moving Articles
A list of links to articles that can offer help when you've bought a new home and are faced with having to pack up and move.

State of Minnesota Property Law
Want to know what law in Minnesota applies to different aspects of property? Then look no further. Here you'll find links to all Minnesota statutes concerning property.

Ely, Minnesota's most experienced Realtors, serving Buyers and Sellers in the Ely, MN area since 1995.