Time to buy – and benefit by in-state tuition

If you are considering grad or law school in another state than where you currently live in the next few years you may want to review the perks of in-state tuition. If you are able to buy a place where you plan to attend, in-state tuition can save you tens-of-thousands of dollars. For example, the Twin Cities market is down right now so a potential buyer may be able to find a property that becomes a good investment. Related, you may find a nicer place than what you are able to rent. Perhaps you can event rent out a room to a classmate.

This approach may require a co-signer since we all know students are typically strapped for cash. But your support system might be impressed by your ingenuity and aversion to massive debt that many graduates contend with once degreed.

Rules will be state and school specific, so do your research.

About Ingrid Friel, Realtor, GRI, MBA

Enthusiastic, knowledgeable and patient realtor specializing in the Twin Cities downtown and nearby residential properties. Experienced with first time and repeat buyers. Excellent technical skills that help you do the first pass of your search online. My top priority is to find you the best fit for your criteria when searching for your next home. When representing sellers I work collaboratively to get your house ready to list and stay in close communication throughout the selling process. We call Eden Prairie home & love to chat about everything local with anyone interested.
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