Mortgage Insurance, also known as PMI, is a supplemental insurance policy you may be required to obtain in order to get a mortgage loan. PMI is provided by private (non-government) companies and is usually required when your loan-to-value ratio — the amount of your mortgage loan divided by the value of your home — is […]
Marketing your Saint Louis Home and Staging
For many people staging their home is not a consideration when selling. After all if you have a competent REALTOR he or she can provide tips that will help make your home show its best. You simply work with what you have. Others though have property that is vacant or near vacant for a variety […]
HUD Offering $100 Down Payment on Homes in Missouri including Saint Louis
The Denver Homeownership Center is currently offering $100 down payments for all eligible HUD real estate owned (REO) properties. This includes properties and homes in Saint Louis and Missouri, Purchasers must be owner/occupants, utilize FHA insured financing and offer full list price, which is happening in the marketplace anyway. Additionally the FHA 203(k) loan is […]
FHA Anti-Flipping Waiver Helps Saint Louis Real Estate Investors and Market
FHA EXTENDS WAIVER OF ANTI-FLIPPING REGULATIONS THROUGH 2012 WASHINGTON – In an effort to continue stabilizing home values and improve conditions in communities experiencing high foreclosure activity, Acting Federal Housing Administration Commissioner Carol J. Galante today extended a temporary waiver of FHA’s anti-flipping regulations through 2012. Read FHA’s anti-flipping waiver. “This extension is intended to […]
Selling a Highly Appreciated Home? Combine Two Tax Breaks
Let’s say your home has appreciated in value since you bought it many years ago. You want to sell the property and convert the equity into an income-producing investment. But there’s one problem: The amount of gain is expected to be much more than the $250,000 that you can pocket tax free under the tax […]
Merging the Money
Once you’re married, you need to decide how to merge both of your finances. If you both have similar views on financial matters, that may not be too difficult. However, those with widely different views may find it harder to merge their finances. Consider these tips. Read More
Real Estate Easements Sometimes Override Private Property Rights
Your name may be on the deed, but that doesn’t necessarily mean the public can’t use part of your land. Many properties have easements, which means someone has the legal right to use part of the land. An example is when one homeowner cannot access his property unless he crosses a neighbor’s driveway. Generally, easements […]
Real Estate HUD Wants to Sell in Saint Louis – $100 Down Payment Offer
HUD is very interested in selling homes like the example below in several states including Missouri. One of the incentives is a $100.00 down payment Offer. Buyers will be required to occupy the property among other qualifications. Find out if you qualify for this money saving program today. 314-415-2141 STOP THROWING YOUR MONEY AWAY ON RENT! […]
Bouncing Back If Your Loan is Rejected
Nothing stings like rejection. But just because a lender considers you a poor credit risk today doesn’t mean you can’t turn it around. If your mortgage application is denied, the lender must provide you with information that, if used correctly, can help you become more creditworthy. Read on to find out more and to get […]
ENERGY COSTS NOW IN FOCUS SO DO YOUR CODE WORK!
Topic Summary: Did you know that the average U.S. home spends $2,175 on utility costs per year? That’s over $180 per month! A recent survey indicated that 86% of consumers wanted to know average energy costs they would have to pay before they move into a new home. What follows are some resources that will […]