Working On Lots of New Short Sales

I’m working on lots of new short sales this winter with a variety of banks and clients.  Short sales are some of the best deals out there for buyers who are capable of dealing with the process.  Banks routinely approve...

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Rehabbing In The City

Many people are attracted to the idea of rehabbing a home or rental property in the city.  They are either taken with the charm of a certain neighborhood or the historic character of a building.  At the same time many people...

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FHA 203K Loans–The Construction Loan For Your Average Borrower

FHA 203K Loans–The Construction Loan For Your Average Borrower Yesterday I came across a buyer for one of my listings that needed work and I suggested he take a look at an FHA 203K loan.  He had never heard of the loan...

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Small Condo Associations in St. Louis City

Recently I’ve been approached to list and sell several condos in small associations here in the city.  They have all been beautiful units in the historic buildings that were rehabbed during the boom between 2000 and...

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MHDC’s FHA Rate is Lower Than FHA Alone

4.5% 30 Year Fixed Rate Loan with Down Payment Assistance   I recently found out from one of my preferred lenders that the rate on an MHDC loan is lower than a normal FHA loan.  This information is current as of January...

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