Michelle Rottach St Charles county MO Real Estate

Have you ever wondered what St Charles county MO Foreclosures, short sales and AS IS properties actually sell for?

St Charles county had 418 single family and condo sales in the time period of May 24, 2009 to June 24, 2009. Of those sales, 85 or 20% were distressed properties.

The percentage of original list price to final sale price ranged from 107.84% to 56.52% during that time frame. Sale prices on the distressed properties ranged from $44,000 to $367,300.

Click here for detailed info on the sales

You can get up to date information on foreclosure, short sale and distressed property that are currently for sale at LetsGetItSold.com .

You may qualify for a 20% credit of the sale price - up to $14,999 when you purchase a foreclosure house in Missouri.

Repeat buyers and first time buyer are eligible for the Neighborhood Stabilization Program offered through MHDC.

Go to http://LetsGetItSold for more information.

You can also sign up to receive a list of foreclosures each day - Free of charge - No credit card needed.

First time home buyers may also receive up to an $8000 credit in addition to the $14,999 foreclosure credit.

The website has a list of foreclosures for the cities of St Charles, St Peters, O'Fallon, Wentzville, Cottleville, Weldon Springs, Harvester, St Paul, Foristell, and Dardenne Prairie in St Charles county Missouri. The list is update each Friday with the new listings for Short sale, foreclosures, bank owned and distressed property.

Missouri Housing Development has a fabulous new program that gives buyers up to a $14,999 credit when they purchase a home that is a foreclosure! It's called the Neighborhood Stabilization Program.

This program is for repeat buyers and first time home buyers.

The program does have income limitations.

The buyers must have 8 hours of counseling on purchasing a home.

For more information go to http://letsgetitsold.com/Showcase14.Htm

Or call Michelle Rottach with REMAX Stars at 636 219-5136

MHDC rolled out a new program on May 26th. The Neighborhood Stabilization Program allows qualified home buyers to receive up to 20% of the purchase price, which is capped at $14,999.

The NSP funds are intended to be used for down payment and closing costs.

MHDC makes a second mortgage to the buyer at the time of closing.

The NSP loan is paired with MHDC financing for the first mortgage in the form of a 30 year fixed rate mortgage.

The interest rate for the NSP loan is zero percent and it is forgiven after five years of occupancy.

First time home buyers using the NSP funds are also eligible to receive the $8000 tax credit for first time home buyers if the home is purchased prior to December 1, 2009

Applicant may be a first time or repeat buyer.

Applicant must make no more than 120% of the area median income.

The home being purchased must be a foreclosed property; no short sales are eligible.

Applicant must receive 8 hours of home ownership counseling.

Purchase price must be discounted at least 5% from the current appraised value.

Current appraised value must be established by an appraisal that is completed within 60 days PRIOR to making the offer.

Purchase price limit on a single family must not exceed $258,690

If you have questions about the program you can call Michelle at 636 219-5136 or visit the website at http://mhdc.com/homes/nsp

For information on buying a home go to http://FirstTimeHomebuyer8000TaxCreditSells.com

Thinking about buying your first home and need someone who has the patience to answer all of your questions?

I will go step by step through the home buying process with you.

You can find information on the tax credit and first time home buyer loans at http://firsttimehomebuyer8000taxcreditsells.com


I know it is time consuming looking through the 101 real estate websites that are available. You end up looking at so many houses that don't really meet what you want in your new home. I offer a personal shopper service that will save you time, effort and frustration.

I would be happy to set up a portal into the MLS with your own personal, real estate website. You tell me what you are looking for in your new home such as style, location, price range and amenities. I will set up a real estate website for you with JUST the homes that meet your criteria. Your website will be updated daily when new properties come on the market or price adjustments are made. This site will include all of the different real estate company's listings, with all available photographs.

You can sign up for this free service at http://LetsGetItSold.com/inquiry05.htm

I offer a free concierge service to assist you in finding the other professionals you will need while purchasing your home. Lenders, title companies, inspectors, repair companies etc.

Please give me a call at 636 219-5136. I look forward to working

Michelle Rottach

REMAX Stars

Serving St Charles county Missouri and the cities of O'Fallon, Wentzville, St Peters, Dardenne Prairie, St Charles, Cottleville, Harvester, Foristell, New Melle, Defiance, Troy, and Warrenton Missouri