St. Louis County MO Under Contract & Snapshot April 24 2008

The outlook of housing stabilizing may be on the horizon. A report below from Marketing Strategy Group indicates slower housing starts, but forecasts the stabilization of the housing industry may be in near.

Today's 24 hour watch...
New Listings 246
Back on Market 68
Price Increases 44
Price Reductions 276
Contingents 61
Pendings 158
Solds 108
Expireds 67
Inactives 59

This is a snapshot of Contingent Pending Option Status properties on April 24, 2008 single family homes and where the homes are selling. Today 49 properties in St. Louis County listed here. Note the areas & price ranges cover a wide variety of properties.

$199,200 9915 Affton Plc Affton Affton 4 2.50 1416 9801 1.5 Story
$87,178 9528 Dana Ave St Louis Bayless 3 1 888 7344 Ranch
$109,900 3709 Cleves Ave St Louis Bayless 3 1 1008 7200Bungalow/Cottage
$339,900 500 Vista Hills Ct Eureka Eureka 3 3.50 2814 11892 1.5 Story
$29,900 118 E Arlee Ave St Louis Hancock Place 1 1 784 3750 Ranch
$199,900 141 Jost Manor Dr Florissant Hazelwood Central 4 2.50 7500 2 Story
$74,900 12101 Jerries Ln Florissant Hazelwood Central 3 2 1618 10000 Ranch
$79,900 4955 Evelynaire Dr Florissant Hazelwood East 3 2 1124 7501 Ranch
$89,000 5075 Craigmont Dr Florissant Hazelwood East 3 2 1958 20090 Multi-Level
$199,900 1242 Edlor Dr St Louis Hazelwood East 3 2 2320 50530 Ranch
$9,900 7203 Albright Ave St Louis Jennings 2 1 864 5320 Ranch
$9,900 5253 Hodiamont Ave St Louis Jennings 2 1 791 6400 Bungalow/Cottage
$45,000 9133 Saint Cyr Dr Jennings Jennings 2 1 875 6795 Ranch
$385,000 129 W Glenwood Ln Kirkwood Kirkwood 3 2.50 2321 12110 2 Story
$525,000 8 Hill Dr Glendale Kirkwood 4 2.50 2749 9365 2 Story
$283,500 7 Ridgegate Dr Olivette Ladue 3 2 1953 21423 Ranch
$374,900 14 Midpark Ln Ladue Ladue 2 2 1674 7200 Ranch
$949,900 9742 Mansfield Dr Olivette Ladue 4 3.50 3753 19646 2 Story
$450,000 17643 Westhampton Woods Dr Wildwood Lafayette 4 3.50 3452 21344 1.5 Story
$219,900 2279 Hill House Rd Chesterfield Marquette 3 3 1660 10450 Ranch
$344,900 234 WILDHORSE SPRINGS Ct Chesterfield Marquette 3 2 14026 Ranch
$579,000 8 Wilson Ridge Ct Chesterfield Marquette 4 2.75 2906 32234 Ranch
$90,000 305 N Harvey Ave St Louis McCluer 4 2 1624 15682 2 Story
$104,900 75 Derhake Rd Florissant McCluer North 2 1 792 7535 Ranch
$89,900 337 S Marguerite Ave Ferguson McCluer South 2 1 840 8470 Ranch
$29,900 8501 Midwood Ave St Louis McCluer South 3 2 1288 7800 Ranch
$99,900 4719 Kerth Dr St Louis Mehlville 3 1 1519 8540 Split Foyer
$128,500 2801 Mohattan Ln St Louis Mehlville 2 1 925 5998 Ranch
$214,900 248 Golden Valley Dr St Louis Mehlville 3 2 1589 9148 Ranch
$219,900 4571 Towne Centre Dr St Louis Mehlville 4 2.50 2066 8494 Ranch
$24,000 3450 Oakdale Ave St Louis Normandy 2 1 900 6242 Bungalow/Cottage
$99,900 7501 Hillsdale Dr Greendale Normandy 3 1.50 1380 6750 2 Story
$6,900 3734 Manola Ave St Louis Normandy 2 1 864 7500 Ranch
$145,000 8319 Knollwood Dr Bel-nor Normandy 3 2 1350 7500 1.5 Story
$239,000 14332 Rainy Lake Dr Chesterfield Parkway Central 4 2 1934 12800 Ranch
$155,000 1877 Calamaide Dr Maryland Heights Parkway North 3 2 1432 6636 Ranch
$219,900 1222 Treetop Village Dr Ballwin Parkway South 5 3 8092 Bi-Level
$119,900 10727 Oak Ave St Louis Pattonville 4 2.50 1470 37500 1.5 Story
$144,900 2466 Meadow Run Ct Maryland Heights Pattonville 3 1.50 1480 7405 Split Foyer
$81,000 9814 Zykan Dr St Louis Ritenour 4 1 1265 6000 1.5 Story
$59,900 670 Bagnell Dr St Louis Riverview Gardens 3 1 1008 8470 Ranch
$159,900 2010 Gladiator Dr Fenton Rockwood Summit 2 2 7501 Ranch
$249,000 746 Clairfield Dr Fenton Rockwood Summit 4 2.50 1958 10062 2 Story
$39,900 6603 Crest Ave University City University City 3 1 1514 4382 2 Story
$248,000 851 Berick Dr University City University City 3 1.50 1795 9100 Ranch
$349,900 7453 Amherst Ave University City University City 3 2.50 2145 5227 2 Story
$374,900 827 Crescent Springs Ct Valley Park Valley Park 4 3.50 3042 13068 2 Story
$409,900 210 Papin Ave Webster Groves Webster Groves 4 2 1922 12001 2 Story
$179,900 7616 Suffolk Ave Shrewsbury Webster Groves 2 1 1152 9383 Ranch

Search Criteria

Property Type Residential Transaction Type Sale County St Louis
Statuses Contingent (4/24/2008 or after) , Option (4/24/2008 or after) , Pending (4/24/2008 or after)

Quick Stats - Averages
Quick Stats - Averages
Listing $ SqFt Listing Pr/SqFt CDOM
Residential (49) $201,455 1648 $105 85



--------------------------------------------------------------------------------

Housing, while remaining challenging as evidenced by lower home sales and rising inventories,
appears to be stabilizing.
• Existing Home Sales—Sales of previously owned U.S. homes—reported yesterday—fell 2%
in March to an annual rate of 4.93 million units and 19.3% below year-over-year levels;
equally telling, the inventory of homes increased 40,000 to 4.06 million home. While housing
remains an overhang for many consumers and overall economic growth, housing-pundits are
increasingly encouraged with the March results, believing that the industry is stabilizing (not
getting any much worse). Importantly, additional time is seemingly required before
declaring that housing is recovering (versus stabilizing). With approximately 18% of all U.S.
homes for sale having negative equity—implying high future foreclosures or “short sales” in
which the lender writes off some of the original loan—housing is likely to yet remain an
issue for weeks and months to come.

From PiperJaffray Daily Commentary April 23, 2008

Evan Zalders Home Run Derby Champion Eastern IL U 2008

St. Louis Missouri native, number one son, Evan Zalders, wins Eastern Illinois University 2008 Home Run Derby Championship April 19! Slugger reported to have competed with up to 200 tough competitors! ...Congratulations to the Eastern Illinois University Sig Ep Fraternity as the 2008 IM Fraternity Softball Champions! Sounds like it was a fun season this year! Evan Zalders is pictured holding bats. I know they are all cracking the books as well as the bats!

President Bush adding assistance to Homeowners through FHA Secure

Well, the FHA Secure Subprime market pain relief has been expanded the rescue options for some homeowners. They must qualify with ability to pay and 90-97% loan amounts. Lenders may amend the terms of loans either in the amounts or interest rate terms. They must also have been late or missed payments for two or three of the past twelve months. One source said the plans are expected to help a half million families in 2008 and President Bush reports a million have been helped. FHA loans are very attractive options for both the refinance and purchase financing for homeowners and Buyers these days.

President Bush at cabinet meeting today stated, "The other thing we've been very active on is helping people stay in their homes -- whether it be the HOPE NOW Alliance, or FHA Secure. Over a million people have been helped to renegotiate and/or to find ways to stay in the home that they own.

Congress can help. Congress needs to modernize FHA; they need to modernize Fannie Mae and Freddie Mac. I mean, there's constructive things Congress can do that will encourage the housing market to correct quickly by encouraging -- helping people stay in their homes. I don't think we ought to be bailing out lenders or speculators. I think we need to be helping hardworking Americans who are creditworthy stay in their homes."

Unfortunately, the crunch of the economy and housing market has impacted many more that are not currrently elgible for the relief programs. I don't recommend missing your payments to become eligible. I do have concerns for the people caught in the middle... again on a slippery slope with unstable employment, vanishing savings, increasing property taxes & healthcare costs. People on fixed or inconsistent incomes cannot confidently weather the storm. I have seen enough rain in St. Louis and the USA economy. Today was sunny & hopefully the Spring and new growth is just around the corner.

Multiple Offers Back in Vogue? Everybody Wants, What Everybody Wants!!!

Well it really is Spring in St. Louis MO real estate market! I have been busy with Buyer activity since the return from the Atlanta, GA area.

As is typical in Spring, Buyers are out & about. Two of my educated & qualified Buyers I am working with, in the same day, looked at property they wanted to buy and both were turn away with competition getting the property. Both were under contract prior to our showings. Unfortunately, it wasn't updated in the system yet. It has been some time since I have experienced this. Although, the best & well-priced properties will always sell. One was a one day on the market, value price and opportunity in an desirable area with multiple offers. The other was one that was on the market for over 200 days and must have turned on the Universal Magnetism. It is very interesting how that seems to occur.

The rule is "Everybody Wants what Everybody Wants!" Quoted from Barbara Corcoran. It is so True! So this is encouraging in our market for Sellers. Create what everyone wants or wait & eventually someone will make you an offer! With a caveat, the carrying costs & offer may not be pretty if the property isn't. Buyers need to be alert and not rest on the Buyers market. Remember, it isn't closed until it is closed, so may decide to stay in touch. We can make dreams and goals happen!

Planned Communities in St. Louis MO and Atlanta GA

Enjoying a wonderful visit in the Atlanta Georgia area.

Specifically we are enjoying Vickery Park in Cummings, Georgia. It is a suburb northeast of Atlanta. The community is designed with wide variety of classic historic exteriors and modern top notch interiors. None of the homes look alike, all have great connections to outdoors spaces with porches, terraces, balconies, patios, loaded with natural stone features and lush landscaping. The homes meet needs for many types of property owners with townhomes, attached homes, single family and loft styles. The entry area has a wonderful shopping and restaurant delights. The walking neighborhood amentities include ponds, saline pool, tennis courts, offers minimal lot lines and spacious common areas. In additon, the community is adjacent to grounds of the elementary school. It is charming beyond words. Most people have golf carts to buzz round the neighborhood. It is like living in a resort village. Truly amazing!

In the St. Louis Area we have St. Charles New Town built with the same lifestyle in mind. Though one of the hottest markets for some time, looks like the slowing market is also impacting the continued growth rate. The future green development Fox Run in Eureka is expected to offer a similar historic style with the golf course as the centerpiece. The St. Louis market has pockets of great green building going on everywhere! The loft market and downtown are exploding with property development. With St. Louis being a city of so many community areas, it has been challenging to control effectively the expanding and contracting of neighborhoods to meet all the needs of the property owners. I hope we see more areas like these and perhaps may sustain a better way of living sharing spaces while, creating community. Please send me links to green and planned unit developments to highlight! Bringing the past, presnt and future together can be done. Wonderful to see so many people working on the vision together with Economic Development, Home Builders Association Green Builders and Realtors. I want to see the BallPark Village project be the diamond of downtown St. Louis! For those with the connections... I am passionate about that mission!

Dreamspark FREE Microsoft Software

Want a deal?!? Check out this Dreamspark software opportunity. link http://www.microsoft.com/Presspass/press/2008/feb08/02-18GSDPR.mspx
For select educational purposes of course.

Big ticket full version software now FREE, as of February 18th, yes FREEEEEE, not reduced prices. As a parent of a student with an ID provided, we downloaded about $500 retail website tools. You can download multiple copies, as backups for your use. We can get creative with his www.Fazanas.com website and www.HotStLouisHomes.com to learn creation of websites using Web Expressions.

Thank you Bill Gates! Some people have expressed the opinion that students are growing up with freeware so feel a diminishing need for the big brother Microsoft. Now they are showing a kinder gentler persuasion technique. Isn't that what they used to say drug dealers did back in the day? Nevertheless, while working within the pc world system, it is appreciated to have an opportunity to utilize the common tools for free. College life costs enough!

What about competion Google pages, Apps, gblogs, etc... this internet web world is zooming! Very cool too! Tough to keep up with the learning curve. The ever increasing speed of evolution is beyond my comprehension. But I am enjoying the ride!

Golden Properties Report St Louis MO Area Homes 1st Quarter 2008 Status & Statistics Report

Some Home Sellers and Home Buyers are getting happier! Email request for charts of report regarding 2008 first quarter Home Sales, Status & Statistics of the St. Louis County and St. Louis City home sales! If you would like more details, please indicate specific markets requests by area, school district, type, size, price, or other criteria, etc... whatever, meets your needs.

General Information for 1st Quarter of 2008:
45% Active listings
21% Expired
21% Sold
13% Pending Sale

Basically as many sell as expire their listing period. Keys are right condition, presentation & motivation to get it done. If you haven't had a sale and you meet these criteria you need my help. I will tell you why your home hasn't sold, if you want to get it sold with me. I will be honest with you and get you moving in the right direction with a success strategy.

The list price to sale price and days on the market percentages are below:

0-30 days highest at 96.5% when sold within 25% sold in first 30 days.
31-60 days LP/SP is 95.1 and 30% sold during this period.
61-90 days LP/SP of 93.8 and 14.2% sold.
91-120 days LP/SP of 95% (which could include a price adjustment) and 13.4% sold
120+ days LP/SP 93.7% and 30% (which may include some of the 1/4 listed that became expired listings)

Two closings this week using free money the smart Missouri has available for first time buyer qualifiers. If you are considering buying for the first time or haven't owned a home for awhile, may want to check in & get yours, too... if you fit the target. Call me & I can help you get connected to the biggest MHDC lender in the St Louis MO market. They provide great service and results. Of course, I can help with the home search or connect you to a Realtor that fits your needs.

Statistics from MARIS Rappatoni Multiple Listing System through St. Louis Association of Realtors from January 1, 2008 through March 31, 2008.

Jane Gallagher WPI Golden Properties Direct 314-629-6929

Call me if you want it DONE RIGHT & RIGHT NOW!

ARGH!!! Rain out Fooled Cards winning 5-1 in the 3rd of Opener Mar 31st... Cards Lose April 1st Official Opener 2-1

No Prank! We were robbed! That was no FUN! http://cardinals.mlb.com
How is that FAIR? Come on... poor Albert didn't even get to count his HR!!!

Not my fav April Fools Day. No good pranks.
Send some fun this way!

I found these links with some gags that impressed.

Please enjoy with my disclaimer, these are for entertainment purposes, I haven't read them all and DON'T TRY THESE AT HOME! :))

http://www.museumofhoaxes.com/hoax/aprilfool/

http://www.pcworld.com/article/id,143657/article.html

http://www.april-fools.us/

Wet St Louis.. Floods Famine & Pestilence

Alright, no famine! I need to drink more water, not see it come from the sky and rivers.... working toward food control is not exactly famine.

The wet events continue and more pesty events to come. With snow to our north and rain to our west in the last week looks like more of the same Water Water everywhere!

Flooding and clean up! Ugh! The CLEAN UP! River cottage dreams shattered. Levees are tested & we have passed, for the most part, at the moment. My visit to New Orleans the year after the flood for the National Association of Realtors Convention was so eye opening. The speed and power of water and the length of time to recover has been so underestimated. I pray for those NOLA folks, still. It is such a beautiful sad place with huge heart attempting to heal.

Thanks to prayers, engineering wonders, helpful hands and sand bags St. Louis and the Metro East are doing fairly well battling the water at the moment. The area has experienced tragic loss of life, property, irritating numerous clients with roof leaks, many wet basements, overflowing gutters, soggy ground everywhere, closed roads and horrible traffic.

In 1993 my Mother lived in East Carondelet IL with one home between hers and a swollen levee. We moved her out and back again, she and the property thankfully survived. It took awhile to get her to move, but we are all now happy she is safely in Crestwood, aware from flood risk.

That '93 year the charming town of Valmeyer, IL was flood ravaged and eventually was moved up the hill to a new location. I understand so was Pattonsburg and Rhineland, MO. What has become of those towns I do not know.

While visiting my Grandmother this week she shared her Reynolds County Courier newspaper detailing flooding of Ellington, home of our grandfather Foy Haywood. It ripped through that sweet historic town. A well respected man, Mr. Baker was lost trying to removed debri from the bridge in front of his home. The flooding must have caught people by surprise.

The sweet little town of Piedmont was seriously flooded. As was one of our favorite parks, Sam A Baker State Park. I remember as I child climbing the roots of huge trees that were ripped from the earth along the river there.

Being in the center of the country I thought we may be insulated from the wild, perhaps global warming, weather that the world has been experiencing. Thsi winter and even a single day has shown rain, snow melting, spring and winter in the same day with 50 degree temp drops in half a day.

I am ready for Spring with kind & gentle showers that grow flowers, planting the herb garden and allow for a little pestilence. I pray for the strength, healing, people, property and the land of ours.

Rates Mid 5s Now!

Rates expected to go down, so at mid fives... fed lowered by .75, consumer rates sprung up. Market up rates down and home equity rates down. It can be confusing but still all good!

Today consumer rates down to mid fives again. Get locked quick if you are in the market. Keep you money in your pocket! Remember rates change constantly. Good Luck!

MATCH DAY FAQs St. Louis, MO! Wash U and SLU Welcomes YOU! Jane Gallagher does too!

Welcome to St. Louis MO! Great properties in the home, condo and loft markets! Our market has everything Buyers need. I love to welcome people to St. Louis and help them toward their SOLD goals, so they can move on to help the world in their own way.

Depending on your affiliation, can get great financing options through Physician Programs, WUSTL or SLU school targetted areas, or even MHDC and Beyond Housing. You need to see what fits your needs and there will be competition in the Buyers market. The homes can fit your needs for 1 year - infinite years of enjoyment. Let me help you find the right spot and created the right strategy to get your home bought and sold when timing is right!

In my experience the big questions to know and answer are listed below.

Buyers and Sellers need to be aware BIGGEST items are...

How fast can I get to where I live from school or hospital or lab or work?
Can I walk?
How far is the drive?
Does Metrolink take me where I need to go?
What about parking? Secure? Parking lot? Garage?
I don't want to have to fix anything!
I am going to be crazy BUSY!
Is there storage?
Can I have a roomate?
Will it work fo rmy spouse, kids, pets?
Can I afford it?
Is it a wise investment?
Can I trust you? YES! I am happy to provide references to Home Buyers and Sellers who wish to connect with the match day future St. Louis, Missouri area residents! I have references from smart MDs, PHds, Atty, and Research Professionals.

My Mission is ... Living & Working by the Golden Rule! Call any time!
Cell 314-629-6929 or
Special Agent 877-USA-0007

Rates are dropping!...

That's what I am hearing! The feds are cutting again, trying to find solutions & hopefully will have a positive impact on the country. Financing refis are a viable option. I am doing financing through my parent company now and received a note to act NOW!





The word on the street is that Fannie Mae is tightening up. The lenders are all but eliminating standard 100% mortgages that have been a staple in the recent past. FHA will still offer the 97% loan products with more flexibility than conventional. The qualification is going to getting tougher, even for those who have high credit scores, consistent incomes and some equity. All risk takes a hit. There is a risk attached to Home Equity Loans that are adjustable, too. Lenders who have a high home equity portfolios are being seen as higher risk. I am personally projecting rents to increase, even if property values are not increasing the same as they were before. Hello investors!

Maplewood Richmond Hts, MO State Basketball Champs!

Another BIG State Champion win for school in St. Louis, Missouri Metropolitian area! Maplewood Richmond Heights! Congratulations! MRH! One of my High Schools! My fun friend Lydia and the rest, did whistling & shouting for our Blue Devil teams in the day when we were cheerleaders at MRH. Oh, what fun! These young men won the Semi-final by 1 pt over Hogan and the Championship game by one point over local Lutheran North High School. WOW! You can't get much more exciting than that in a ride to the top!

Celebration info at Maplewood Richmond Heights School District Website:

http://www.mrhsd.org/pages/news/2008/03_06_boysgame.shtml



The Maplewood and Richmond Heights communities share a school district and many positive benefits in what some call the golden triangle of St. Louis County. These communities continue to develop new restaurant destinations, children's theatre, school kudos and increasing property values! I wish I had invested in this sweet spot ten years ago! It is such an easy location between 44 & 40 on the edge of the cities of Clayton, Webster Groves, and the city of St. Louis. While a great investment, fairly easy on the wallet. NIce amenities, Pools, The Heights Recreation Centers, Libraries, businesses. Very Cool spot!

Webster Groves, Statesmen Basketball Missouri State Champions!

Congratulations St. Louis Metro Area Webster Groves High School & Statesmen Basketball Missouri State Champions!

http://schools.webster.k12.mo.us/education/sportszone/sportszone.php?sectionid=2308

FHA News

The historical view of FHA has persisted, but it is not the same as it used to be! It is not a pain for Sellers, anymore than a home sale inspection. A client told me yesterday they thought it was just for "poor people." Interesting, I never thought of it that way. Since I've been in the business it has been a positive program that is a solutions for some of my clients.





It is a good option and newly modified to be an even better option! It is a fit for many buyers who don't have the traditional 20% down payment and may have a little higher debt to income ratio. But the properties do have to qualify, as well as the buyer and may be a bit more to navigate with condos. The association have to have manged the properties for over a year, the occupancy has to meet rations, and cannot have a first right of refusal. Ask your lender about specific property guidelines. In the St Louis Homes market our average is not as high as the national limits below.





Currently the rules & regs for lenders protecting their risk is fluid at best. Yesterday I understand there was a 5.5 FHA which was very nice! Keep in touch with your lenders and be ready to lock. Be aware that the rules keep changing so try work with the people who are your advocates.



cnnmoney.com below... Let me know if I can help you & yours!




"Lawmakers have been working on legislation to reform the FHA to modernize its standards so that they reflect changes to the housing market in the past 30 years. Among the changes on tap, lawmakers will:



Permanently raise loan limits. The economic stimulus bill passed in February temporarily increased the limit on loans eligible to be FHA-insured. The ceiling until Dec. 31, 2008 is now $729,750, up from the normal $362,790 for single-family homes. Those are the ceilings for high-cost areas. The ceiling is lower in low-cost housing markets.
Reduce down payment requirements. Homeowners would no longer be required to have 3% equity or the cash equivalent to get an FHA-insured loan. The House bill would allow borrowers to get an FHA-insured loan with 0% down if they can show they can afford the mortgage payments. The Senate bill requires 1.5%.
Make it easier for borrowers in high-cost loans to refinance. The House bill would let some homeowners in default or at risk of default refinance into an FHA-insured loan.
The changes to the FHA are intended modernize the loan program, which, like a lot of low- and middle-income people, had essentially been priced out of many housing markets. In 2005, there were roughly 5,000 FHA loans made, down from 109,000 in 2000." from CNNmoney.com March 10, 2008

FREE MONEY in St. Louis Missouri

WOW! Finally starting my first blog! Please...Let me know if you have thoughts and ideas for me.

The title says “Hot St. Louis Homes” so I’ll start with what is HOT here in St. Louis … FREE MONEY!!!

I wish I qualified to be a first time buyer right now!
In reality the rates are amazing and if you are financially able to buy, you should do it! Buyers do need to be realistic about their first home may not have it all… for example granite, loads of closet space, luxury baths, though some do. Their first home is likely not going to be their last. While there are confident Buyers here… an educated Buyer knows the well priced, best presented properties do sell competitively and knows when to move fast. Most Sellers are adjusting, yet they do have limits. They are not always going to give in to what they believe to be unreasonable demands.

Every wise investor will tell you… To do well, you have to BUY RIGHT!
A quote from a nice letter from one of my clients.
“We have just refinanced our home that we purchased 23 months ago. A new appraisal was done and the value has increased by $38000. We have made virtually no improvements to the property so the main reason for the 27 percent increase in value was due to “Buying Right.” This Right Location; Right Price; was determined by your expertise in real estate and your honesty in advising us.” Milton & Sally Billiet

I love helping people find what fits and is a great investment. Even the 100% Buyers are given great opportunities. In the St. Louis, MO area there are Missouri, MHDC, county and Non-Profit Buyer Education programs, such as Beyond Housing, for those who qualify as first time home buyers and they can get 3000-13000 at closing to be applied to closing costs and down payment assistance. Depending on the program, there are guideline qualifications regarding income, property condition, county, and of course require, jumping through a few hoops. Some are grants, some are loans at 0%, some are deferrred til you sell and some you pay back a portion of the the benefit if you move within so many years. It is not one size fits all and the does money runs out. But like anything else in life, making the plan so you are ready for opportunity is the first step. It doesn't happen overnight. You have to work with qualified lenders that have gone through process to be approved by the programs and follow the rules of the programs.

Missouri Association of Realtors has a great informational website about Home Buying & financing programs
go to www.Mohomeprograms.org for info.

I copied these links to make it easy:

"Missouri Home Programs provides a summary of housing related programs for home buyers in the state of Missouri. A number of programs provide home buying assistance to individuals based on income.
Search Assistance Programs
Search Loan Products
100 Questions & Answers for Buying a Home "

Enjoy the journey! Let me know if I can help!