Carol Haddox Blog

The Short Version of the Short Sell

As Reported in the St. Louis Post Dispatch
Posted by Michele Carley on June 09, 2013 in No Category
 Here are the main things to know about short sales: • If you’re a homeowner who can’t pay the mortgage, negotiating a short sale is probably better than waiting for a foreclosure. Depending on the details, your credit score will take a lesser hit, and you might be able to buy a home again a little sooner. • If you’re a homebuyer, you can get a cheaper deal on a short sale than on homes where the owner isn’t broke. But expect a long wait — often months — while the bank decides if it will take your offer. Wh... read more
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Condo Sales Rise in St. Louis; Will Home Sales Follow?

As Reported in the St. Louis Business Journal
Posted by Michele Carley on May 18, 2013 in No Category
 David Creswell is a young fellow who likes life lively. “I wanted to live downtown, where there’s lots going on,” he said. So, he and his girlfriend Amy are moving into a condo just off Washington Avenue. People like Creswell provide hope in a condo market that’s been stuck in a slump for five years. Prices for single-family homes are generally rising in St. Louis, but the condo price trend is unclear. “The unit sales are strong, but the prices are still flat,” said Bob Bax, broker at Prudential Alliance ... read more
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Neighborhoods

Meet the Neighborhoods: Soulard
Posted by Michele Carley on March 02, 2013 in No Category
Soulard, less than two miles from downtown, is a historic French neighborhood in St. Louis Missouri. There are many attractions in this area including neighborhood restaurants, bars, pubs and other businesses. There are many events held here throughout the year including Mardi Gras, Oktoberfest and Bastille Day. This area also is known for the bars that have many distinct live music attractions. Many of the homes date to the mid to late 19th century with unique architecture. Soulard also is home to one of the olde... read more
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Before You Buy . . .

Know What is and What is not Included in the Sale of a Home
Posted by Norman Polsky on February 17, 2013 in No Category
 There are few events during the home buying process that are better than walking into a beautiful property and seeing crystal chandeliers, top-of-the-line appliances and updated, energy-efficient fixtures. For buyers who are on the fence about the purchase, these small features may be enough to steer them toward buying a home. However, buyers should be aware of one of the most common misunderstandings that can occur when viewing a home: what they see is not always what they get. In many cases,... read more
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Looking to Buy Investment Property

St Louis Real Estate Market Provides Some Unique Opportunities
Posted by Norman Polsky on January 31, 2013 in No Category
 It's hard not to hear the rumblings. Experts and talking heads repeatedly say real estate can be a lucrative investment, especially for home buyers who buy at the right price and secure affordable financing.  However, for someone who has never done it before, real estate investment can be a tricky topic. Bankrate.com offers a few tips for  homeowners who think they are ready to become a real estate investor.   Determine goals   The term "real estate investor" covers a w... read more
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