Brad Elsner's Blog
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Is a distressed property the right deal for you?
Is a distressed property the right deal for you? With the first-time homebuyer tax credit deadline having come and gone, you may be asking yourself, ?What now?? Fortunately, the door is now open to a new wave of savings: distressed properties. For many buyers, the term foreclosure brings up images of run-down homes with no heat [...]
Short Sale News
Homeowners struggling to sell their homes in a short sale are getting some relief, thanks to the federal government’s Home Affordable Foreclosure Alternatives, or HAFA, program. Up to now, many short sales — in which the lender accepts a sale of the property for less than the full amount owed — have taken months to complete. [...]
HUD to Revise FHA Loan Program - 2010
HUD to Revise FHA Loan Program ? 2010 Current Rates Effective 01/19/09 14:08 Federal Housing Administration (FHA) Commissioner David Stevens recently announced some big changes to the FHA loan program: · Borrowers with credit scores of 580 or less would have to put 10 percent down in cash in order to qualify for an FHA loan. (This may [...]
Brad Interviewed by KSDK Channel 5 - For Sale or For Rent
We have recently been the victims of attempted property scams. After notifying Channel 5 they met me at the property and aired an interview regarding the scam. Here is a link to that interview. http://www.ksdk.com/video/default.aspx?aid=117193&storyid=192745#/News/For+rent+or+for+sale%3F/48541678001/48355648001/59972268001
Homebuyer?s Tax Credit Extended and Expanded!!!
WASHINGTON ? Buying a home is about to get cheaper for a whole new crop of homebuyers ? $6,500 cheaper. First-time homebuyers have been getting tax credits of up to $8,000 since January as part of the economic stimulus package enacted earlier this year. But with the program scheduled to expire at the end of November, [...]
Housing Affordability Surges to Highest Level in 18 Years
Housing Affordability Surges to Highest Level in 18 Years RISMEDIA, May 20, 2009- Nationwide housing affordability jumped 10 percentage points during the first quarter of 2009 to its highest level since the series began 18 years ago, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI). The HOI showed that 72.5% of all new [...]
How to Sell Your Home
Sellers?. If you have to sell, you have to sell. Here is what needs to be done to get your home sold for the most money and the least amount of time. You have to get buyers to fall in love with one of two things if not both. First, they need to LOVE the [...]
Interest Rate Updates
The Markets… The good news continues for rates on home loans. Freddie Mac announced that for the week ending April 23, 30-year fixed rates averaged 4.80%, down slightly from 4.82% the week before. The average for 15-year stayed at 4.48%. Adjustables were down with the average for one-year adjustables decreasing to 4.82% and five-year adjustables falling [...]
I?m Honored to be Included on the Five Star: Best in Client Satisfaction Real Estate Agents Announced for 2008
PRESS RELEASEFIVE STAR: Best in Client Satisfaction Real Estate Agents (SM) AnnouncedPosted: April 3, 2009St. Louis, MO (April 3, 2009) - In the April 2009 issue of St. Louis Magazine, the 2009 FIVE STAR: Best in Client Satisfaction Real Estate Agents (SM) are announced.St. Louis Magazine formed a partnership with Crescendo Business Services, an independent [...]
$8000 Tax Credit for First Time Homebuyers
Want an extra $8,000? If you?re a first-time homebuyer then we have a nice surprise for you. Last fall, the Federal Government introduced a financial incentive to prospective first-time homebuyers ? an income tax credit of up to $7,500. The rules were simple: you must have been a first-time homebuyer (as defined by not owning a [...]
