Missouri

Santa, Is that YOU?

02-09-10

Ann Hayden Wildwood St. Louis MO Agent SelectAnn.com for your real estate

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Office: (636) 779-1100

Mobile: (636) 399-7544
Secondary: (636) 399-7544

Santa, Is that YOU?

santa dog by Ann Hayden agent Wildwood MO selectann.com

Real estate needs: www.SelectAnn.com .

For all your real estate needs in the St. Louis area. Updated daily. Sign on for FREE! Whether you are buying or selling, let me help you!

All rights reserved and may not be reproduced or reprinted without express written permission of Ann Hayden, real estate agent with Prudential Select Properties Chesterfield, Ballwin, Wildwood Office. Information deemed reliable but not guaranteed

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Why Would Someone Want to Sell Real Estate at Auction?

02-09-10

Paul Roesch, St Louis Real Estate Auctions AARE, CDPE

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Office: (618) 407-8479

Mobile: (618) 407-8479

Why Would Someone Want to Sell Real Estate at Auction?

* An auction is an event
* Property is sold on a specific date
* Everything is disclosed up front
* The only negotiation is price
* All negotiation is open and public
* Delivers 100% of present cash market value
* Selling as is where is with no fix up expense or repair contingencies
* All cash no contingency contract with 30-day closing
* Buyer pays closing costs
* No seller commissions!

AUCTION MYTH: AUCTIONS ARE FIRE SALES WHERE YOU GIVE AWAY PROPERTY!

AUCTION FACT: A properly advertised and promoted auction will deliver 100% of the present cash market value for a property 100% of the time!

There is a mentality amongst auction buyers that if someone is going to steal it, then it's going to be me and they pay full market value every time!

Learn more about the benefits of a Real Auction

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Consumer Credit Falls for 11th Month in a Row

02-09-10

Rick Bauer, AARE, CDPE, GRI St. Louis Real Estate Auctioneer

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Office: (314) 962-4200

Mobile: (314) 614-3841

Outstanding debts held by consumers fell for a record 11th month in a row in December 2009, led by falling balances on their credit cards, the Federal Reserve recently reported.

For all of 2009, outstanding credit card debt fell 9.5%, the first annual decline on record, dating to 1969. In December, nonrevolving debts, such as auto loans, student loans or personal loans—rose $6.8 billion, or an annual rate of 5.2%, to $1.59 trillion. It was the third increase in the past five months. For all of 2009, nonrevolving debts fell 0.7%, the first decline since they fell three years in a row between 1990 and 1992.

Outstanding debts, not including mortgage debt, fell a seasonally adjusted $1.73 billion, or an annual rate of 0.8%, in December after a record $21.8 billion decline in November. The decline was much less than the $9 billion forecast by economists surveyed by MarketWatch.

After decades of steady increases, debts are falling because consumers are paying down balances and because lenders are writing off bad debts as uncollectable.

Read the story

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Number of 'For Sale' Homes Increased 2.9 Percent in January 2010

02-09-10

Paul Roesch, St Louis Real Estate Auctions AARE, CDPE

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Office: (618) 407-8479

Mobile: (618) 407-8479

January 2010 marked the first time in 18 months that more homes were listed “for sale” compared to the previous month, with an additional 15,000 homes, or a 2.9% increase, listed for sale compared to December 2009 according to the January Housing Inventory Index, a survey of Multiple Listing Service (MLS) listed homes in 27 major U.S. housing markets conducted by the national real estate brokerage ZipRealty.

Serious sellers need to list their home now, rather than wait for the spring, to capitalize on buyers looking to take advantage of the tax credit extension.

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Income property can have very stable, respectful and reliable tenants. Kansas City, MO

02-09-10

Alf Gizzo

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Office: (303) 679-0634

Mobile: (303) 350-9488

Income property can have very stable, respectful and reliable tenants. Kansas City, MO

Yes, that’s correct! It all depends on product, location and first rate tenant screening. If you don’t have all three, your vacancy rate will be too high. Let’s talk about product first. We advise our students that they furnish their properties with clean functional items, new linens and art work on the walls. What you are creating is an environment that is very pleasing to the tenant, one that not only the tenant will look forward to coming home to, but also one, through pictures on flyers, web sites and word of mouth, will draw new inquires. We are all for building and keeping a pipeline.

Many furnished rooms for rent are not clean and contain aged, thread bear chairs, sofas, and soiled mattresses. Would you want to stay any longer than you had to in a place that does not support a healthy sense of self-esteem? Nicely furnished rooms engender good paying tenants, who stay for long periods.

Our favored tenant populations generally do not have their own transportation so proximity to public transportation is necessity.

Key to this equation within our system is good tenant screening, which oddly enough doesn’t include credit or traditional background checks. Our tenants are referred to us, so we learn about them and their history though direct questioning of people who are familiar with each possible tenant individually. We learn of personal background information and work experience. This type of screening done methodically will produce good paying renters who stay for long periods creating a stable house.

To learn more about setting up transitional housing, please download our free Ebook from the side bar on our main blog site.

Don't hesitate to contact us with questions. Learn about us. Learn our system. Learn what others have to say about us and our system.

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