The term short sale has woven its way into the homebuyer lexicon during the past year. While not a foreclosure property, short sale homes have their own special financial issues that require a real estate agent who is trained in this type of sale. What is a short sale? When a homeowner is in financial … Continued
Repairing your credit after a foreclosure will take some time but is possible. Understanding why your home went into foreclosure and making financial adjustments will go a long way toward buying another home. Enduring a foreclosure on your home is painful and disheartening. Even though the past three years have been tough for many homeowners, … Continued
HUD’s actions will help speed foreclosure sales and protect against predatory flippers. With the housing industry still facing recovery challenges in 2010, there is some good news in the St. Louis area. Foreclosure activity from December to January declined by five percent, according to RealtyTrac. This is the second straight month that action on foreclosed … Continued
ASK THE GRANT HICKMAN TEAM FOR HELP, BEFORE IT IS TOO LATE. CALL (314) 265-1531 I know that financial situations can be difficult to discuss. We have many resources and answers that might help prevent you going into foreclosure. On the news and signs surrounding our neighborhoods, we are reminded that many of or friends, … Continued
St. Charles existing home sales increase 16.3 percent in October; first time homebuyers make a huge difference Consumers are responding to federal government stimulus programs and have an eye out for foreclosed properties for investment First-time homebuyers have been out there in force, accounting for 47 percent of the homes purchased between July 2008 and … Continued
Soaring home sales encourage confidence in the real estate market. The Grant Hickman Team’s new online housing search makes selling and buying a dream. Good news prevails in the real estate market this week. For the first time in five years, existing home sales have increased for four months in a row, according to the … Continued
In today’s real estate market every buyer is looking for a deal, and in many cases the best deal can be found by buying a foreclosure. The Missouri Housing Development Commission (MHDC) has now made that opportunity that much more enticing by releasing their Neighborhood Stabilization Program (NSP), which will provide borrowers with down-payment assistance … Continued
Don’t be surprised if your friendly lender, the one who invites you to sit down and apply for a mortgage, ushers you politely out the door empty-handed after you’ve chatted a bit. The sudden chill isn’t personal. The Mortgage Bankers Association, or MBA, in Washington, D.C., estimates that about half of all mortgage applicants are … Continued
The amount of damage to a credit score caused by foreclosure, deed in lieu or a short sale during 2008 and 2009 may be mitigated by the slower economic times, say some credit and legal experts. Debited.com has a great guide for fixing your credit. FICO may have to adjust its credit scores to lessen … Continued
Passage of the American Recovery and Reinvestment Act of 2009 is a step in the right direction to help the housing market begin the recovery process. Now, it’s up to potential homebuyers to take that first step too. The $8,000 tax credit couldn’t come at a better time. Late winter and spring are the prime … Continued
A Real Estate Forum entitled “St. Charles Real Estate…Crashing or Window of Opportunity?†moderated by local lending expert Robert Rutledge and Real Estate Broker Merle Schneider, Chartered Financial Consultant will be presented Monday, October 27th at 7pm. The Forum is slated to be held at the St. Peters City Hall, Salon A, One St. Peters … Continued
Dear Friends & Family, On the news and signs surrounding our neighborhoods, we are reminded thatmany of or friends, family, and neighbors are financially struggling. Amongthe daily headlines, I read about the economy, gas, and real estate –especially foreclosure and families in need of help. In my business, helping family matters. St. Charles is a … Continued