Archive for June, 2007

St. Louis Real Estate

Filed under: Eureka, First Time Home Buyer, For Buyers, For Sellers, Neighborhood Reviews, Real Estate News, Relocation Buyer, St. Louis Market Reports, Unrepresented Seller(FSBO)

Eureka Missouri Market Snapshot

Successfully pricing homes in a shifting Eureka Missouri Real Estate Market.

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As a complement to our weekly Market Watch Report for the entire St. Louis County Real Estate Market, the St. Louis Home For Sale Team is highlighting an area of St. Louis County each week. This week we are taking a snapshot of the Eureka Missouri Real Estate Market.

The”Weekly Snapshot” has been expanded to include, Ranch, Multi Level and Condo, single family residences. The snapshot features single family residences that were listed and sold in the past 6 months. For a detailed report specific to your property you can request a Comparative Market Analysis (CMA) from the St. Louis Home For Sale Team. This service is absolutely free and without obligation.

Market Statistics for Eureka Missouri

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St. Louis Real Estate

Filed under: Building Inspection News, First Time Home Buyer, For Buyers, For Sellers, Real Estate News, Relocation Buyer, Unrepresented Seller(FSBO)

More Rules, More MoneySt. Louis County Re-occupancy permit program (cont)

Do you need to obtain a residential re-occupancy permit or not?

The answer is yes if you live in a St. Louis County unincorporated area.

So, how do I know for sure if my home is in an unincorporated area?

Easy, go to http://revenue.stlouisco.com/ias/ , type in your address at the bottom of the page and view your tax record. If the “City Code” is all zeros you need to comply. If the “City Code” has a letter, you’re incorporated and your local government regulations apply.

Permalinks to more information:

St. Louis Real Estate re-occupancy permit program…more revenue.

St. Louis Real Estate re-occupancy permit program - more revenue. (cont)

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St. Louis Real Estate - June 22nd, 2007

Filed under: First Time Home Buyer, For Buyers, For Sellers, Real Estate News, Relocation Buyer, St. Louis Market Reports, Unrepresented Seller(FSBO)

Stl MarketwatchBinocsSt. Louis Real Estate Market Watch June 22, 2007

The Anatomy of St. Louis Real Estate

The The St. Louis Home for Sale Team provides a weekly St. Louis County Market Report to review and plug into your home buying or selling scenario. Your questions and comments are welcome!

Homes are selling for about the same price as last year, it’s taking longer and in the higher price ranges, a lot longer to sell. Homes that are priced correctly, staged to show properly and pushed out to all the web portals are attracting multiple offers. Only 1 out of 5 homes are successfully going to closing.

Thinking of buying or selling a home? Contact Us for additional information tailored to your specific needs.

St. Louis Real Estate Market Watch for June 22nd, 2007

St. Louis Real Estate Benchmark Report June 2007

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University City Missouri Real Estate

Filed under: First Time Home Buyer, For Buyers, For Sellers, Neighborhood Reviews, Real Estate News, Relocation Buyer, St. Louis Market Reports, University City, Unrepresented Seller(FSBO)

University City Missouri Market Snapshot.

Successfully pricing homes in a shifting University City Missouri Real Estate Market.

University City Missouri

As a complement to our weekly Market Watch Report for the entire St. Louis County Real Estate Market, the St. Louis Home For Sale Team is highlighting an area of St. Louis County each week. This week we are taking a snapshot of the University City Missouri Real Estate Market.

The”Weekly Snapshot” has been expanded to include, Ranch, Multi Level and Condo, single family residences. The snapshot features single family residences that were listed and sold in the past 6 months. For a detailed report specific to your property you can request a Comparative Market Analysis (CMA) from the St. Louis Home For Sale Team. This service is absolutely free and without obligation.

Market Statistics for University City Missouri

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St. Louis Real Estate Market Watch - June 15th, 2007

Filed under: First Time Home Buyer, For Buyers, For Sellers, Real Estate News, Relocation Buyer, St. Louis Market Reports, Unrepresented Seller(FSBO)

Hmmmmn!Successfully Pricing Homes in a Shifting St. Louis Real Estate Market

The Anatomy of the St. Louis Real Estate Market

The The St. Louis Home for Sale Team provides a weekly St. Louis County Market Report to review and plug into your home buying or selling scenario. Your questions and comments are welcome!

Homes are selling for about the same price as last year, it’s taking longer and in the higher price ranges, a lot longer to sell. Homes that are priced correctly, staged to show properly and pushed out to all the web portals are attracting multiple offers. Only 1 out of 5 homes are successfully going to closing.

St. Louis Real Estate St. Louis Real Estate Market Watch for June 15th, 2007

St. Louis Real Estate Benchmark Report June 2007

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St. Louis Real Estate Staging- THE ART OF PREPARING A HOME FOR RESALE!

Filed under: For Sellers

The first in a series of articles by our guest author – Natalie Pinson

Natalie Pinson has a B.S. in Interior Design and has helped many St. Louisians with design consultations, space planning and home staging. Contact her with any design or staging questions!
She can be reached at 314-961-5888 or createyourlife@charter.net

Conflicting Space - is it an office or an ironing roomWhat is Real Estate Staging and is it really an art? Contrary to popular belief, staging a home is not the same as decorating your home. Although both create an inviting environment, the end result is completely different. Proper staging will create more open spaces while highlighting the homes strengths and downplaying its weaknesses. “How is this done?”, you may ask. The first step is calling in an expert- and no, your best friend who has a good eye may not be the right person for the job. Typically, you want a professional to come in with fresh eyes to view your home. This person’s primary objective is to make your home appeal to the largest segment of buyers. Which brings me to my next point; If a seller truly wants a speedy turn-around on their property, they must remember that the professional stager is working for “the house” not “the occupants”. Although this statement may sound odd, it is the right way to approach the job. (i.e. It is more important to showcase your fireplace vs. your big screen TV!) A good stager will let “the house” tell them where to place furniture and accessories. So many times when we allow friends to help us they see our emotional attachment to our belongings and this interferes with the editing and placing of furniture. What a seller truly should be seeking is objectivity. By using objectivity and “listening” to the house the expert then begins the staging process.

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St. Louis Real Estate Market Watch - June 8th, 2007

Filed under: First Time Home Buyer, For Buyers, For Sellers, Real Estate News, Relocation Buyer, St. Louis Market Reports

Market WatchSuccessfully Pricing Homes in a Shifting St. Louis Real Estate Market

The Anatomy of the St. Louis Real Estate Market 

The The St. Louis Home for Sale Team provides a weekly St. Louis County Market Report to review and plug into your home buying or selling scenario.  Your questions and comments are welcome!

Of particular interest this week is the steady increase in active listings and a slight increase in sales. Sales are off from the same period for the previous year by about 7% relative to number of units sold. 

St. Louis Real Estate  Market Watch for June 08, 2007

St. Louis Real Estate Benchmark Report June 2007

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St. Louis Real Estate re-occupancy permit program - more revenue. (cont)

Filed under: Building Inspection News, First Time Home Buyer, For Buyers, For Sellers, Real Estate News, Relocation Buyer

More Rules, More MoneyThe 64 dollar question is, will buyers use this report instead of a building inspection by a qualified ASHI inspector? That could be dangerous, I don’t think you can sue the government for negligence! And what are the qualifications of the county inspectors?

As previously mentioned, beginning July 1st, 2007, all unincorporated St. Louis County will require new occupants a of single family home, duplex, or condo to obtain a residential re-occupancy permit.

If your planning on selling your home please check out this list of things that the inspectors will be looking for by following these links;

http://www.stlouisco.com/epermit/InspectionDetail.pdf (the short list)

http://www.stlouisco.com/epermit/PPTVIEW.pdf (the long list with pictures)

http://www.stlouisco.com/epermit/InspectionChecklist.pdf (the checklist)

Be sure to read this;
http://www.stlouisco.com/epermit/OccupiedUnitInspections0702.pdf (the rules for preparing for the inspection)

If your planning on buying a home be sure to have your Realtor explain paragraph 11 of the St. Louis Board of Realtors Sale Contract.

FAQ’s from the St. Louis County web site.

How do I get a residential inspection?
By applying online or picking up an application at our North or South offices.

When do I apply?
Any changes in residence by selling, buying, or renting property in a conservation district; renting in all unincorporated county and adding the number of occupants.

Is my property in a conservation district?
Please visit webpage http://www.stlouisco.com/plan/PCD/pcdmap.htmlto find out.

Who can apply?
Buyer, seller, property owner, tenant, or agent.

What is the cost?
Multi family dwelling (apartment) $40.00, one and two family dwelling (house or duplex) $80.00.

Who pays for the inspection and/or permit?
Buyer, seller, property owner or tenant may pay for the inspection.

Do I have to pay additional cost for each inspection?
Two inspections are included in the cost. If a third inspection is needed, an additional cost is incurred.

Do I call for an appointment or do you call me?
You can schedule a morning appointment if you apply in person. The inspector will call you to schedule other appointments within 24 to 48 hours.

How long is the inspection good for?
You have 90 days after the first inspection to correct any violations and to supply the names of occupants to the clerk.

Do I have to be there?
No, as long as there is someone to let the inspector into the premises or a lock box or other means for the inspector to enter. If the house/apartment is occupied, the inspector must be escorted.

How does the inspection process work?
An appointment is scheduled within 24 to 48 hours to inspect the property after an application has been properly filled out and the fee paid.

What happens when the first inspection does not pass?
The applicant has 90 days to correct all violations if the house/apartment is vacant. If the house/apartment is occupied, all violations must be corrected within two weeks. When all violations have been corrected, the applicant calls to make an appointment for a second inspection.

When do I get the permit?
When the inspector turns in his results, the permit is printed the next day provided the names of the occupants are given.

Will the permit be mailed or do I have to pick it up?
Permits will be mailed unless specified by occupant or owner to hold for pick up. Permits will only be held for one week for pick up, then they will be mailed.

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