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Mark Seltzer

St. Peters Real Estate Market

02-15-08
Mark Seltzer

Once again we are ranked in the Top 5 Markets in the US, Yahoo 2-13-08. Yes, we are lucky that the market here is not experiencing the flucuations seen in other areas, but I am concerned about property taxes!! The taxes are SO HIGH around here often adding 200.00 per month to a mortgage payment on a modest purchase!

Happy Valentines Day

02-14-08
Mark Seltzer
To All; Hope you have a happy Valentines day! Tomorrow I will post more FHA loan stuff...

Todays Interest Rates

02-13-08
Mark Seltzer
Todays Interest Rates are right around 6% or a tad bit less, depending on the loan type, ( purchase, re-fi or cash-out ) terms, LTV and downpayment. Remember, sometimes rates change multipul times during a single day so you can never quote an exact interest rate amount. The only way you can verify an exact amount is to lock a loan. Please see my previous editorials or Blogs about: APR, also Advertised Mortgage rates, or as always check out www.markalkaseltzer.com for TONS of mortgage information. Have a happy Day... Mark

A Politically correct joke!

02-10-08
Mark Seltzer

This one is Sooo politically correct!! Enjoy...

While walking down the street one day a US senator is tragically hit by
> a truck and dies.
>
> His soul arrives in heaven and is met by St. Peter at the entrance.
>
> "Welcome to heaven," says St. Peter. "Before you settle in, it
> seems there is a problem. We seldom see a high official around these
> parts, you see, so we're not sure what to do with you."
>
> "No problem, just let me in," says the man.
>
> "Well, I'd like to, but I have orders from higher up. What we'll do is
> have you spend one day in hell and one in heaven. Then you can choose
> where to spend eternity."
>
> "Really, I've made up my mind. I want to be in heaven," says the senator.
>
> "I'm sorry, but we have our rules."
>
> And with that, St. Peter escorts him to the elevator and he goes down,
> down, down to hell. The doors open and he finds himself in the middle
> of a green golf course. In the distance is a clubhouse and
> standing in front of it are all his friends and other politicians who
> had worked with him.
>
> Everyone is very happy and in evening dress. They run to greet him,
> shake his hand, and reminisce about the good times they had while
> getting rich at the expense of the people.
>
> They play a friendly game of golf and then dine on lobster, caviar and
> & champagne.
>
> Also present is the devil, who really is a very friendly guy who has a
> good time dancing and telling jokes. They are having such a good time
> that before he realizes it, it is time to go.
>
> Everyone gives him a hearty farewell and waves while the elevator rises...
>
> The elevator goes up, up, up and the door reopens on heaven where St.
> Peter is waiting for him.
>
> "Now it's time to visit heaven."
>
> So, 24 hours pass with the senator joining a group of contented souls
> moving from cloud to cloud, playing the harp and singing. They have a
> good time and, before he realizes it, the 24 hours have gone by and St.
> Peter returns.
>
> "Well, then, you've spent a day in hell and another in heaven. Now
> choose your eternity."
>
> The senator reflects for a minute, then he answers: "Well, I would never
> have said it before, I mean heaven has been delightful, but I think I
> would be better off in hell."
>
> So St. Peter escorts him to the elevator and he goes down, down, down
> to hell.
>
> Now the doors of the elevator open and he's in the middle of a barren
> land covered with waste and garbage.
>
> He sees all his friends, dressed in rags, picking up the trash and
> putting it in black bags as more trash falls from above.
>
> The devil comes over to him and puts his arm around his shoulder. "I
> don't understand," stammers the senator. "Yesterday I was here and
> there was a golf course and clubhouse, and we ate lobster and caviar,
> drank champagne, and danced and had a great time. Now there's just a
> wasteland full of garbage and my friends look miserable. What happened?"
>
> The devil looks at him, smiles and says, "Yesterday we were
> campaigning...Today you voted."
>

It is a great time to buy a home

02-06-08
Mark Seltzer
Hello! Well the media keeps telling us about the doom and gloom in the market. Here is St. Peters, the market is great! If a house is priced correctly and had the correct work done to it PRIOR to listing IT SELLS!!! Interest rates are great right now and will fluctuate ( daily) around 6% through the spring and hopefully the summer months too. It is only first of Feb and I am getting crazy busy with buyers and sellers! So, if you are looking to sell GREAT, buyers are looking... If you are buying you have a nice selection and rates are GREAT!