“World's Most Complete Neighborpedia”
Explore:   What's happening in your neck of the woods?

Ralph E. Fisher III

4 Important Tips When Buying St. Louis Foreclosures

Buying St. Louis foreclosures can be an exciting task. And the thought of getting a great deal on a home can literally make you giddy. But before you get caught up in all the good things about buying a foreclosure, there are still many details to sort out before you get the keys to your dream home.

When buying a foreclosure, you should:

1. Get help

Purchasing a foreclosure requires a lot knowledge, skill and attention to detail. From real estate agents and home inspectors, to attorneys and investors, you'll need the help of professionals to see you through the process. You will have your hands full, so seek out help ahead of time.

2. Work fast

When it comes to getting St. Louis foreclosures, sometimes, your favorite property may also be someone else's favorite. That's why, as soon as you find the home, do your research so you can submit a knowledgeable bid on the property early on.

3. Do your research

Research details about the property. Many surprises can pop up, so it's important to spend the extra time finding out everything you can about the property, including whether or not the home has any liens on it. Although this can be a bit of a roadblock, you may be able to negotiate.

4. Factor in risks

Lots of times, when buying foreclosures, the home is sold as is. It's up to you to decide if you're willing to renovate or update the home as needed. If so, just make sure you have enough money to cover any needed repairs or cosmetic work.

If you're interested in getting a foreclosed property at a great price, give me a call today at 314-630-4227. I specialize in guiding people through the foreclosure process, and I'm happy to answer all your questions.

LINKS

Bid on property http://www.ehow.com/how_2063972_bid-foreclosure-sale.html

Liens http://www.wisegeek.com/what-is-a-lien.htm

Cosmetic work http://www.cooperator.com/articles/1082/1/Proper-Cosmetic-Improvements/Page1.html

3 Tips to Keep in Mind When Buying Eco-friendly St. Louis Real Estate

From household cleaning supplies to clothing, everything is going green. The same goes for the real estate market. Many potential home buyers want eco-friendly St. Louis real estate. Before you simply buy a home that's touted as green, consider these few tips for finding a truly green home.

1. Work with an expert

It may be difficult for you to figure out what criteria designate a green home. That's why it's important to seek out a green real estate professional whose main focus is to help you sort through fact from fiction in the green housing industry.

2. Buy in an eco-friendly neighborhood

Purchasing green St. Louis real estate doesn't necessarily mean the location will be environmentally friendly. Unfortunately, buyers may not factor in this detail. If your neighborhood is in the heart of the city, you may be exposed to more car emissions. Also, access to green amenities like bike and walking trails, may be limited.

3. Add your own green touches

Sometimes the home you find could be perfect with just a few small changes. If you want to make a home green, you have a variety of options. You could add natural flooring, install more insulation to help with energy costs and use non-toxic paint.

Before buying green St. Louis real estate, or any home for that matter, take your time and do your research. Many people are jumping on the popularity of going green, so it's smart to remain skeptical until you know and understand all the facts.

Looking for an eco-friendly home? I'm a green real estate professional and would love to help. Give me a call today 314-630-4227 or email me at rfisher@sellshomesfast.com

LINKS:

What criteria designate a green home

http://www.greenecocommunities.com/greencriteria.php

Environmentally friendly

http://seattletimes.nwsource.com/html/homegarden/2003873505_greendefinitions.html

Make a home green

http://www.pathnet.org/sp.asp?id=18438