St. Louis Missouri Real Estate News & Listings Presented By Intertech Properties, LLC

3114 Cambridge Pointe DR, St Louis 63129

Tue, 27 Sep 2011 19:40:57 GMT

Gorgeous Two Story home with an open floor plan. Hardwood floors throughout the main level. Large kitchen and breakfast room with walk in pantry. Main floor laundry room off the garage. Master bedroom suite with seperate tub and shower. Refrigerator, washer and dryer included in sale. Two story entry foyer. Huge back yard and located in a fabulous subdivision.

Are You Facing Foreclosure?

Wed, 25 Aug 2010 18:22:00 GMT

Short Sales and Home Loan Modifications

Are you facing foreclosure?

We have options to help you today!

There are countless hardships that can turn home ownership from a joy into a burden. The loss of a job, medical bills, or an unexpected hike in monthly payments can all make a mortgage unaffordable. But ignoring the bills will not make them go away, it will only make things worse.

If you need help, there are approaches that can help, but you may not be familiar with them. One of these is a “short sale.”

In an approved short sale, the lender agrees to accept less than is owed for the property, and the homeowner is relieved of the debt. A lender may be willing to do this because it spares a lot of hassle and expense involved in executing a foreclosure. And typically, a short sale does far less damage to the homeowner’s credit than a foreclosure does.

If you would like to explore the possibility of a short sale for your property, avoid foreclosure, and potentially save your credit rating, please email us your contact information at the link below. We will contact you and gather all the required information to get the process started.

We can also provide you with current information regarding Home Loan Modifications. Don't get caught paying fees upfront for products that will not deliver on their intended promise. Call us today to get the facts about government home loan modifications. No upfront fees!

toddb@intertechproperties.com

Should I Buy a Home Now?

Thu, 14 Jan 2010 18:10:00 GMT

I'm often asked if this is a good time to buy a home. Some clients are concerned that home prices may fall further than they have already. They are assuming that the best course of action is to wait for the bottom in the market and then buy. The problem with this approach is that you don't know where the bottom is until you see it in the rear view mirror, meaning until you've missed it!

Home prices are one factor in determining your cost of ownership, but so are interest rates and financing availability. Even though interest rates have gone up in the last six months, they are still near historic lows. Since your monthly mortgage payment is a combination of paying down your principal and paying the interest owed, if home prices come down a little further but interest rates up, it could cost you even more to service a mortgage on an identical home!

While a home is a major investment, it is also the center of your personal life. It's important to live in a home that reflects your taste and values, yet is within your financial "comfort zone." To that end, it may be more important to lock in today's relatively low interest rates and low home prices, rather than to hope for a further break in prices in the future.

Please give me a call if I can be of any assistance in determining how much home you can afford in today's market.