I've recently been asked a number of questions about the short sale process in St. Louis, Missouri, so I thought I would offer some information in this post. What is a Short Sale? A Short Sale occurs when the lender is willing to discount what you owe them in exchange for a total payoff - or in o
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02/24/2009
A great reason for home buyers to get into the real estate market this Spring is the American Recovery and Reinvestment Act of 2009, which authorizes a tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December
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02/23/2009
Following is my market report for single family residential homes in the city of St Louis (Areas 1,2,3). These statistics were gathered from the local Multiple Listing Service and are provided as a service to the public: 142 listings Sold in the last 30 days. Average sales price was $100,775. 93
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02/22/2009
We're holding 8723 Fern Glen Drive OPEN today from 1-3 pm. Please stop by and take a tour... http://www.8723FernGlenDrive.com New price on this fantastic ranch with open, spacious floor plan. Superb location, too, just west of Crestwood Mall. This home has been lovingly maintained & updated. It
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02/22/2009
On Wednesday President Obama unveiled The Homeowner Stability Intitiative in Phoenix, a $275 billion, three-part plan to stop the soaring rate of mortgage foreclosures across the country - 2.3 million foreclosures last year. His plan has three parts: First, it provides low-cost refinancing for as
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02/19/2009
Following is my market report for single family residential homes in the city of St Louis (Areas 1,2,3). These statistics were gathered from the local Multiple Listing Service and are provided as a service to the public: There are 1310 total Active listings on the market. 128 listings Sold in th
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02/16/2009
This week, the Senate adopted by a voice vote an amendment offered by Senators Johnny Isakson and Lieberman that provides a temporary $15,000 tax credit to all homebuyers. The credit would be available for a one year period to all purchasers of primary residences. Also, the senate expects to de
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02/06/2009
I've recently come across a loan program in the St Louis area that may be of great benefit to home buyers. It's through NACA - Neighborhood Assistance Corportation of America - and it's call America's Best Mortgage. NACA is a non profit organization whose focus is on neighborhood stabilization.
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02/06/2009
The Missouri Housing Development Commission has unveiled a new product for first time home buyers. This product enables buyers to take advantage of the $7500 federal tax credit. The commission says that Missouri is the first to launch a program that speeds up the receipt of the federal tax ince
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02/03/2009
This is an image test. I'm trying to figure out how to include a pic in my verbage on sites like Craigslist. I was told the pic had to be posted somewhere online to create HTML. I don't know - so I'm just trying it...
02/02/2009
