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!