Sunset Hills - We invite everyone to visit our open house at 4012 S. Lindbergh Blvd on August 9 from 1:00 PM to 3:00 PM.
Property information
Stop by and check out this great townhome between 1:00 - 3:00 on Sunday! Right across from Grants Clydesdale Pastures and Grants Trail! What a beautiful setting!!
http://7914RoyalArmsCt.markandbecci.com
10. The news is bad…for a reason
9. Uncle Sam wants you…to be a homeowner!
8. Long term, owning usually beats renting
7. Home ownership builds equity
6. Market timing is far from perfect
5. There’s no such thing as “the real estate market”
4. Finding value is easier in a tough market
3. There is more than one yardstick
2. The concession stand is open
1. Financing is favorable…for now
To read the full article and explaination for each of the above reasons,
visit http://10Reasons.markandbecci.com.
In the history of our great nation, has there ever been a better time to be a first time homebuyer? The market is down, rates are low, and incentives abound.
LET US COUNT THE WAYS:
FHA: The Federal Housing Administration offers 30 year fixed rate mortgages with only 3.5% down. The seller can credit up to 6% toward the buyers closing costs. (No first time home buyer requirement)
Federal Housing Tax Credit: A tax credit of up to $8,000 is available for qualified first-time home buyers purchasing a principal residence before December 1, 2009. Visit www.federalhousingtaxcredit.com. Amend your 2008 return and you could have your $8,000 within 10 weeks.
Tax Credit Advance Loan: If you don’t have 3.5% down, The Missouri Housing Development Commission (www.mhdc.com) will loan the down payment, which would be repaid when the tax credit is received.
Neighborhood Stabilization Program: The Missouri Housing Development Commission (www.mhdc.com) has developed a program to help move foreclosed properties. MHDC will provide $14,999 to be used for down payment and closing costs. This is a 5 year forgivable 2nd mortgage.
Now is the time to take advantage of the market. If you have any questions or comments about this article, please contact Matt Eversgerd at 314-620-7227 or matt@firstintegrity.com.
Contrary to popular opinion, you don’t need 20% down to get a great loan in this market:
Power Plus: This is First Integrity’s premier program. Power Plus allows borrower’s with a credit score of 740 or better to avoid PMI with only 10% down. Those in the healthcare field can take advantage of a 5% down option. If you are a Jumbo loan buyer (417k plus mortgage) you can avoid the costly jumbo mortgage with a 1st mortgage of 417k and a 2nd mortgage up to 200k, both at the same rate.
FHA: The Federal Housing Administration offers 30 year fixed rate mortgages to anyone looking to buy a new home or refinance their existing mortgage. You don’t have to be a first time homebuyer. The maximum mortgage amount is $281,250, the minimum down payment is 3.5%, and the minimum credit score is 620.
VA: The Veterans Administration has a great program for active or retired military that allows for 100% financing with no monthly mortgage insurance.
Conventional: Conventional loans offered through Fannie Mae and Freddie Mac requires at least 5% down. While they will allow as low as 620 for a minimum credit score, the penalties are significant if the score is below 700, and FHA might be a better option.
The housing market is poised for recovery. Now is the time to take advantage of low rates and affordable prices.
If you have any questions or comments about this article, please contact Matt Eversgerd at 314-620-7227 or matt@firstintegrity.com.
Crestwood, St. Louis County - 2 Great Open Houses this Sunday, July 26th from 1:00-3:00 p.m.
9151 Fort Donelson Dr. - 4 Beds, 2.5 Baths - $234,500
9142 Fort Donelson Dr. - 4 Beds, 2.5 Baths - $229,900 
We invite everyone to visit our open house at 9142 Fort Donelson Dr. and 9151 Fort Donelson on July 12 from 2:00 PM to 4:00 PM! Both are great homes!
9142 Fort Donelson Dr. - $229,900
9151 Fort Donelson Dr. - $234,500
Tax Credit Provides Outstanding Opportunity for Home Buyers!A tax credit of up to $8,000 is available for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009. Want more details? Give us a call! 314-775-2709
We invite everyone to visit our open house at 4012 S. Lindbergh Blvd on July 12 from 1:00 PM to 3:00 PM.
Property information
We invite everyone to visit our open house at 5507 Murdoch Ave. on July 12 from 1:00 PM to 3:00 PM.
Property information
We invite everyone to visit our open house at 8943 Burntoak Dr on July 12 from 2:00 PM to 4:00 PM.
Property information
• 1,020 sq. ft., 2 bath, 2 bdrm 3 story - 
MLS® $129,500
Royal Arms Condos, Affton - A wonderful 3 level townhome overlooking the Grants Farm Clydesdale Pastures and just steps away from the Hiking/Biking Trail! Best location of the entire complex! A very comfortable condo with lots of natural light, thermal windows and neutral decor throughout! The living room features lovely pergo type floors and an open stairway to the 2nd floor. A Beautifully updated kitchen! Breakfast room with sliding glass doors to the private patio opening to a large grassy area bordering residential property. A very pleasant view! Nice half bath on the main floor, too.
Two bedrooms and a large full bath on the second floor. Walk-in closet, too! Great additional living space found in the finished lower level. Perfect for a family room, play room, work-out area you decide! Private laundry area and plenty of storage space in the unfinished area of the lower level. The complex has a private pool to enjoy PLUS Whitecliff Park, Pool and Rec-Center is just around the corner! You can have it all!
Property information
Curious about the value of your house? How would you like to be able to answer just a few questions and within 30 minutes receive an emailed report that provides valuable, real-time data about homes bought and sold in your neighborhood? Well, you are in luck! Whether you are a buyer or a seller, our Market Snapshot Report provides the information that you need to keep up in today’s housing market.
Here is just a small sample of the information that comes in the report:
Summaries - Each page has its own summary.
Map - Display up to 10 active or sold comparable properties in your area.
Listings Pop-Up Bubble - View general information on the property as stored with the MLS.
Price Graph - Compare asking price to selling price. View high, low and average price. View sold and listing dates.
Selling Times Graphs - View the time on market for active and sold properties.
Give us a call to set up your market snapshot!
This is just another one of the free services we offer to our clients! To receive your free report, contact us at MarkandBecci@kw.com or 314-775-2709! Once we set you up, you will immediately start receiving reports.
You can continue receiving automatic reports every 2, 4, 6 or 8 weeks with the most updated information matching your search criteria!
- You can buy a $290,000 home today with 3.5% down and you don’t even have to be a first time buyer.
- If you are a 1st time buyer and you close before 6/30/09, you can amend your 2008 tax return and the government will give you $8,000. Imagine that…for a person that makes 48k per year, it would take them 3 months to net $8,000.
- If you don’t have the money for the down payment, MHDC (Missouri Housing Development Commission) will loan you the money and you can pay it back when you get your $8,000 refund from the government.
- If you have at least 10% down and good credit, you can purchase a new home without PMI. The loan is structured as an 80-10-10 or more commonly known as a combo loan.
- Interest rates hit 4.85% on 3/27, the lowest rate on record since Freddie Mac began keeping track in 1971.
- It’s not hard to qualify for a mortgage.
- It’s never been a better time to buy a home!
For more information, contact:
Matt Eversgerd
First Integrity Mortgage
matt@firstintegrity.com
314.878.7900