$69,900

Listing Number: MRESHwy32

3 Bedrooms

1 Bathrooms 1 half bathrooms

1,376 Sqft

5.6 Acres

Description: Purchase this property for as little as 3% down!Great Country Home with awesome views of the Countryside. Located in a quiet Ozark Community near shopping, schools, and churches. This property is in close proximity to Big Piney River for your fun in the sun to fish, swim, and canoe floating.

$24,999

Listing Number: MRESLenox2

3 Bedrooms

2 Bathrooms

1,200 Sqft

1.8 Acres

Description: Location is a plus for this Country Home located in a quiet small community.

$19,900

Listing Number: MRES1510

3 Bedrooms

1 Bathrooms

1,032 Sqft

0.21 Acres

Description: Great starter home or good investment opportunity for this 3 bedroom home with attached 1 car garage located in an established neighborhood. Close to shopping and schools. Call to see this property today!

$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.

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.

$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.

$150,000

Listing Number: MRESCalBottom

60 Acres

Description: BOTTOMLAND, RIVER, SPRING-FED CREEK for only $2500 an acre and located only 1 hour and 20 minutes from St Louis.

$399,900

Listing Number: MRESCal100

1 Bedrooms

1 Bathrooms

1,125 Sqft

100 Acres

Description: LOCATION is a definite plus for these beautiful 100 acres with the Big River, spring fed creek, lush bottom fields for hay and crops and a newer rustic style log cabin

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.

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)