Chris's Blog

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Real Estate Broker/Owner - Premier Realty Exclusive - MO license #2005035566
St. Louis real estate blog with tips on buying or selling real estate in the St. Louis area.
RECENT BLOG POSTS
This is a reblog.  Good information about forclosures.Legal Loophole May Help Homeowners Delay or Stop a Foreclosure According to this RISMedia article, Op-Ed: 60 Million Mortgages May Have Fatal Flaws, issues with the way mortgages were sold in the secondary market and the way the ways they were...
10/15/2009
My buyer and I just got off the "pass the buck" meri-go-round with his prospective lender, USAA.  Unfortunately, his closing date was Wednesday and after multiple extensions of his financing contingency, the bank came back the day after the initial closing and said "SORRY, NO GO!"  So all the tim...
10/15/2009
Short sales are getting tougher, but this one takes the cake. Competing for a top spot in my yearly Top 10 Worst Short Sale Lender Awards-- USAA will surely make the list for 2009. Here are the details that should bring pause for all those attempting a USAA short sale. Seller:  retired widow, alm...
10/14/2009
Yesterday I started a post with the name, "How to Finance a Condo" but was too angry to write on that subject.  A condo in a mixed use developement in Downtown St. Louis was having some problems and it both fueled my desire to call attention to the subject, but was really 'eating my lunch' so bas...
10/10/2009
Why is it that most people, when approached, are suprised to hear that real estate can be purchased for you by your IRA?  With interest rates so low, some people would ask why someone would even want to?  If you're interested in buying an investment property or second home using your IRA, call me...
10/09/2009
Like many, real estate wasn't my first career.  For 9 years after college, I slugged it out in the insurance business working as an agent selling property and casualty insurance for a large regional carrier.  Somehow I took a keen interest in condominiums. In my observations, I found that often t...
10/09/2009
The following is the basic quick statistics on St. Louis City.  The heading row shifted to the left.    Listing $ SqFt Listing Pr/SqFt CDOM Sale $ Selling Pr/SqFt Residential (278) $131,377 1491 $84 99 $124,682 $80 Condo/Coop/Villa (34) $199,024 1239 $153 136 $194,532 $150 All Types (312) $165,20...
10/07/2009
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Early this morning, I couldn't sleep.  Turning on the TV, I found HGTV and started watching a show about lessons learned in buying a first home.  One thing that was nice about the show was that the point was to find problems about the purchase, but it seemed like everyone on the show really was o...
10/05/2009
Sometimes when I told people that I was packing up my family and moving to the city, people looked at me like I had two heads.  "Aren't you going the wrong way?" an individual said.  I understand those sentiments to a point.  Some parts of the city aren't as safe, the schools in St. Louis City a...
10/05/2009
This weekend is an awesome weekend to be in St. Louis!  There are some great things to do and not enough time to do everything :( (unless you're the Funky Butt Brass Band) My first pick is Taste of St. Louis downtown.  It started today and runs through Sunday. Beyond the typical Foodie event, the...
10/02/2009
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