Archive for Uncategorized

Beautiful 60 acres m/l Farm

$249,900

Listing Number: MRESElk60

3 Bedrooms

2 Bathrooms

2,688 Sqft

60 Acres

Description: Beautiful 60 acres m/l hobby farm offering awesome views of the Ozark countryside. Lot of Deer and Turkey on this Property and could be used as a corporate hunting retreat.

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Sharon Sevedge, Missouri Real Estates Services, Inc.

Earns NAR Short Sales and Foreclosure Certification

Buyers and Sellers Benefit from REALTOR® Expertise in Distressed Sales

 

 SHARON SEVEDGE with MISSOURI REAL ESTATE SERVICES, INC. has earned the nationally recognized Short Sales and Foreclosure Resource certification. The National Association of REALTORS® offers the SFR certification to REALTORS® who want to help both buyers and sellers navigate these complicated transactions, as demand for professional expertise with distressed sales grows. 

Accordng to a recent NAR survey, nearly one-third of all existing homes sold recently were either short sales or foreclosures.  For many real estate professionals, short sales and foreclosures are the new “traditional” transaction.  REALTORS® who have earned the SFR certification know how to help sellers maneuver the complexities of short sales as well as help buyers pursue short sale and foreclosure opportunities. 

“As leading advocates for homeownership, REALTORS® believe that any family that loses its home to foreclosure is one family too many, but unfortunately, there are situations in which people just cannot afford to keep their homes, and a foreclosure or a short sale results,” said 2009 NAR President Charles McMillan, a broker with Coldwell Banker Residential Brokerage in Dallas-Fort Worth. “Foreclosures and short sales can offer opportunities for home buyers and benefit the larger community, as well, but it’s extremely important to have the help of a real estate professional like a REALTOR® who has earned the SFR certification for these kinds of purchases.”

 The certification program includes training on how to qualify sellers for short sales, negotiate with lenders, protect buyers, and limit risk, and provides resources to help REALTORS® stay current on national and state-specific information as the market for these distressed properties evolves.

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Mar
30

Just Listed in Houston, MO for $35,000!

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Affordable 3 Bedroom Home

$35,000

Listing Number: MRES800

3 Bedrooms

1 Bathrooms 1 half bathrooms

1,176 Sqft

0.57 Acres

Description: Ranch style 3 bedroom 1-1/2 bath home located in an established neighborhood. The Home boasts wood floors in hallway and bedrooms, kitchen with a breakfast bar separating the kitchen and dining area, Central heat and air conditioning. The home has a full unfinished basement already partitioned off for additional bedrooms and/or family room. One car attached garage and 1 car enclosed carport.

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Sep
26

Housing Tax Credit

Posted by: sharon@missourirealestate.ws | Comments (0)

I would like to see the $8000 home buyers tax credit extended to at least mid 2010. I would also be very happy if the tax credit included not only first time homebuyers but all homebuyers.  I am probably dreaming but an increase to $15,000 home buyer’s tax credit would be fantastic.

If being a homeowner is your desire, you need to take advantage of the tax credit immediately.  It’s not too late to meet the deadline if you act immediately.  Ask your agent to find you a property that he/she feels would close escrow by the deadline.  Of course, you will need to do your part and be prepared such as get pre-qualified and have your lender in place.

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Sep
26

FHA Mortgages

Posted by: sharon@missourirealestate.ws | Comments (0)

FHA mortgage applications increased 50% from October 2008 through mid-August 2009.  FHA is backing approximately 25% of all new mortgages.

The average borrower with FHA-insured loans has an average credit score of 690. Two years ago, the average credit score was 630.  FHA-insured loan borrowers with a credit score below 500 will need to have a 10% down payment.  Even with the increased average credit score and the need for a 10% down payment from borrowers with a credit score under 500, some analysts are concerned regarding the risk taken on by FHA. 

We all know that our credit scores can plummet due to job loss, illness, etc.; however, I still feel FHA loans are important for the recovery of the housing market.
Excerpts taken from: Source: USA Today, Stephanie Armour (09/02/2009)

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Jun
27

For Sale in Caledonia, MO for $179,900!

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Hobby Farm with Creek/River

$179,900

Listing Number: MRESCal60

60 Acres

Description: Beautiful Pastureland With A small Spring-fed Creek flowing through the acreage. Big River borders one side of the property. Barn And Three Outbuildings Are Already On The Property For Hay And Livestock. Great Building Sites Looking Over The Pastures With A View Of The Wooded Ozark Hills. Good Location With Less Than An Hour’s Drive To St. Louis. Additional Acreage Available Seller will have chosen acreage surveyed.

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Jun
27

For Sale in Caledonia, MO for $129,900!

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40-Acre Hobby Farm w-Creek

$129,900

Listing Number: MRESCal40

40 Acres

Description: Beautiful 40 acres with terraced pasture for your livestock of choice. Older Barn and other miscellaneous outbuildings for hay storage and equipment already exist. Small year-round Spring-fed creek runs through the property. Just build your dream home on one of the many building sites offering awesome views and you’re ready to enjoy your hobby farm. Additional acreage available.

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Jun
27

For Sale in Caledonia, MO for $585,000!

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Beautiful Farm/Ranch Land

$649,900

Listing Number: MRESCal201

1 Bathrooms

201 Acres

Description: Possibilities Galore with this beautiful 201 acres with awesome views of the Ozark Hills. The terraced pastures and bottomland work for your cattle or horses. Great location for a business venture or development. River, spring fed creek, ponds, hayfields, and the list goes on. Only about an hour from St. Louis.

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Jun
27

For Sale in Caledonia, MO for $59,900!

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Surveyed 12 Acre Mini Farm

$59,900

Listing Number: MRESCAL12

12 Acres

Description: 12 Surveyed Acres with state highway frontage on the outskirts of historical Caledonia. St Louis is about an hour’s drive and Potosi is only 11 miles. Older outbuildings still useable for hay, machinery, and livestock. Nice building sites with views of the Ozark Mountains. Year-round spring fed creek runs through the acreage for watering livestock or just enjoy the clear trickling stream. Additional Acreage Available!

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Sharon Sevedge, Broker/Owner
Missouri Real Estate Services, Inc.
Salem, MO 65560
573-729-3199