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Home Ownership in Saint Louis : Real Estate Advice

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  • Local Info49
  • Home Buying175
  • Home Selling38
  • Market Conditions20

Activity 5
Tue Mar 21, 2017
Scott asked:
I'm a real estate appraiser with 15 years of experience in four different states and I've written a blog post that I know will help your readers. 9 Things Your Real Estate Appraiser…
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Tue Mar 21, 2017
Scott asked:
I'm a real estate appraiser with 15 years of experience in four different states and I've written a blog post that I know will help your readers. 9 Things Your Real Estate Appraiser…
0 votes 0 Answers Share Flag
Tue Apr 19, 2016
Karen Peyton answered:
I am sorry for your loss.
You will need a brand new mortgage to pay off the mortgage in her name, to begin building credit in yours.

Good luck to you!
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Sun Feb 22, 2015
Stephanie Hug answered:
Many first time home buyers use and FHA loan (though any buyer can go FHA if desired) because they only require a 3.5% downpayment. The MHDC program through Missouri will grant a buyer 3% of the 3.5% downpayment that is needed, as long as you qualify - there are tight income restrictions. Your lender can help you navigate the best programs. I can give you a referral if you need someone.

It is also common for buyers to add a little but to their purchase offer and request that the seller give them a closing cost credit. This will help offset your cash output needed to close on a house. If you have any other questions, I am happy to help you with the process.
... more
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Wed Feb 11, 2015
Debby Buffa answered:
I would contact a reputable lender in the St. Louis area. I have quite a few I could refer you to that are all excellent and can advise you how to proceed. Feel free to contact me at: debbybuffa@cbgundaker.com ... more
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