Explore Saint Peters, MO

By Mark Seltzer
(retired)
Comments 0
Todays Interest Rates are right around 6% or a tad bit less, depending on the loan type, ( purchase, re-fi or cash-out ) terms, LTV and downpayment. Remember, sometimes rates change multipul times during a single day so you can never quote an exact interest rate amount. The only way you can verif...

By Mark Seltzer
(retired)
Comments 2
A FHA 203 (k) loan is known as a rehabber loan. What is cool about these types of loans is that a buyer can get the necessary funds to rehab or REMODEL a single family home. The home must be owner occupied and be a 1 to 4 family structure. Basically, here is how they work: You buy a house for $15...

By Mark Seltzer
(retired)
Comments 3
People are always asking what the APR of a loan is... I call it the ACTUAL Percentage Rate, it is technically the Annual Percentage Rate. When checking loans for your clients make sure the APR is close to the percentage rate of the note. It there is a large discrepancy between the two then the le...

By Mark Seltzer
(retired)
Comments 3
This one is Sooo politically correct!! Enjoy... While walking down the street one day a US senator is tragically hit by > a truck and dies.> > His soul arrives in heaven and is met by St. Peter at the entrance.> > "Welcome to heaven," says St. Peter. "Before you settle in, it > seems there is a p...

By Mark Seltzer
(retired)
Comments 2
Hello! Well the media keeps telling us about the doom and gloom in the market. Here is St. Peters, the market is great! If a house is priced correctly and had the correct work done to it PRIOR to listing IT SELLS!!! Interest rates are great right now and will fluctuate ( daily) around 6% through ...

By Mark Seltzer
(retired)
Comments 0
It is 12:00 CST and I predict A: Rates go down today and B: the reason rate sheet are not out yet is that rates are going down today (lower apr for our clients). but the banks want us to use the older and higher rate when pricing loans today, then the banks make more money.

By Mark Seltzer
(retired)
Comments 4
Hope you like it!Go get a kleenex to whipe away the tears before you read this one...      A Cardinal fan liked to amuse himself by scaring    every Cubs fan he saw strutting down the street in an obnoxious Cubs jersey. He would swerve his van as if to hit them, then swerves back just missing the...

By Mark Seltzer
(retired)
Comments 4
Hope everyone likes 'em... Read on ol faithful one!If you ever feel a little bit stupid, just dig this up and read it > again; you'll begin to think you're a genius.> >  (On September 17, 1994, Alabama's Heather Whitestone was selected as > Miss America 1995.)> Question: If you could live forever...

By Mark Seltzer
(retired)
Comments 5
For the second time in like 10 days the Fereral Reserve Board cut interest rates. It does not affect immediate interest rates but I think we will see some lowering on Tues 02.08.08 or Wed 02.09.09. check out my website www.markalkaseltzer.com go to the MY PROFILE tab and look for articles that re...

By Dwight Puntigan, Dwight Puntigan
(DRP Realty, LLC)
Comments 3
The concept of a Rent To Own program sounds really good.  BUYER:  A set amount of each months rent is set aside as a down payment on purchasing the house.  This builds equity and is a form of saving.  The period of renting allows time for credit repair(contesting negative entries on the credit re...

Saint Peters, MO Real Estate Professionals