Buying a St. Louis Home
Front of 217 Glen Cove Drive in Chesterfield
JUST LISTED in Chesterfield — popular Westbury Manor. This home is not in MLS. Seller is listed with Nolting Real Estate but is not cooperating with outside agents! Please call Russell at 314.267.2636 for details about this 5 bedroom (3 main floor, 2 in LL/big windows). Hardwood floors, protected by carpets, look great where visible. Three bedrooms and two full baths on main floor. New tile in baths. Kitchen has been opened up and now features stainless appliances — brand new. Large living room/dining room combination as you enter this home. Anderson wood windows are older but very high quality. Brick four sides with enclosed soffits. Lower level is finished and has 2 large bedrooms with full windows, and a large rec room with door to nice patio. Also another full bath. Furnace, hot water heater, AC, and roof are new!! Call Russell for more details and disclosure statement. You can also visit this Westbury Manor ranch on my website.
Category : Chesterfield, MO &Real Estate Sales in St. Louis &Westbury Manor in Chesterfield
The Stewarts -- First Time Homebuyers, no credit
Here’s a problem that you don’t think about very often… Boy meets girl. Boy and girl fall in love. Boy and girl find a nice apartment together and pay all of their bills on time. Happy couple opens no credit cards and pays cash for cars because girl’s Dad told them the horrors of consumer debt. Happy couple decides it’s time to buy a house. Sad couple is declined for loan because they have no credit.
No credit is just as bad as bad credit!
So what do you do if you find yourself in this unfortunate predicament?
First step is to open a credit card and buy your gas and groceries on it. Pay it in full every month. Maybe get a card with an airlines frequent flier reward program — that way you can rack up a few miles while you use the card. By doing this, you will begin to build credit — good credit!
Second, you make sure that your Realtor has provided you with a great referral to a competent lender who can help you deal with this strange situation. I use Matt Eversgerd at First Integrity Mortgage Services. Matt and I are working a transaction right now with the Stewarts — they want to buy a home in Webster Groves. We found them a cute house in Tuxedo Park– $199,000. Upon pulling credit, this young couple has no scores. Matt is in the process of building a credit score for them. Because First Integrity Mortgage Services has in-house underwriters, they are able to put together a decision quickly. If your lender’s underwriting team is located off-site (which is how 95% of mortgage brokers operate), files have to be mailed back and forth for approvals. Matt will be able to get the Stewarts approved for this house. He has never failed me.
Third, you need to have a Realtor who has dealt with these types of problems before. Not all Realtors are good — in fact, the typical Realtor only sells 2 or 3 houses a year. They cannot possibly have the experience necessary to deal with problems that pop up — and problems often pop up!
My team of Realtors has decades of experience, we sell a ton of houses, we’re ranked in the top 1% of Realtors in St. Louis. Call me. 314 267 2636
Category : First Time Homebuyers in St. Louis &Lenders in St. Louis &Mortgages St. Louis &Moving to/from St. Louis &St. Louis Real Estate Buyers
