FOR SALE - Two conjoined buildings make up the 13,000 sq ft mixed-use property.

* Two conjoined buildings make up the 13,000 sq ft mixed-use property. * Located on Main St. Festus, MO 63028. Main street is currently undergoing revitalization. * Income is $5010.00/month and $60,120.00/year. * Contains 10 units. (7 offices/retail spaces ranging from 300-2800 sq ft.) One of the units is 1850 sq ft and contains 7 individual offices) It also has 3 apartments- 1X 3bdrm (1000 sq ft) with hardwood floors, 2 x 2 bdrm- 1 is 850 sq ft with hardwood floors and the other 1000 sq. ft. * Having both commercial and residential units in one building helps to protect against large changes in either market. * Located just 25 minutes south of St. Louis.. * All units have been recently renovated. * Current occupancy is 100%. Has been over 90% the last 10 years. * Motivated seller. To view call 314-330-4757 Laura Ludwig www.lauralei.net 314-503-1186 Ask about our $195 Flat Fee MLS Listings Lauralei Properties, LLC

One of a Kind – Mid-century Modern - Free Classifieds | RiverBender.com

One of a Kind – Mid-century Modern - Free Classifieds | RiverBender.com:

One of a Kind – Mid-century Modern in Manchester Area with 2079 sq ft living area. Unique and original from top to bottom, this home strikes the balance between minimalistic and luxury while maintaining is mid-century modern roots. The home sits on approximately 1.5 wooded acres and is located in the heart of West County and close to nearly everything. The home has been updated throughout and is move-in ready. Home boasts Huge wall of windows on all three levels, overlooking expansive wooded yard, Hardwood floors, Ikea Red Cabinets, Built-in and Organized Closets in Master, Large maintenance free rear deck with glass rail system, over-sized Jacuzzi tub, Built-in bookshelves, Granite Mosaic Entry Foyer and entertaining porch, screened indoor/outdoor area, lofted master bedroom, 8’ wide multi-level fireplace and High-end fixtures and finishes throughout. In a competitive situation, priority given to the buyer who plans to love the home over a developer wishing for tear down.

To view call 314-800-9706





Laura Ludwig
http://www.lauralei.net

314-503-1186



Ask about our$195 Flat Fee MLS ListingsLauralei Properties, LLC

great 2 bedroom/1 full bath condo with an open floor plan - Free Classifieds | RiverBender.com

great 2 bedroom/1 full bath condo with an open floor plan - Free Classifieds | RiverBender.com: Just a few minutes walk to either the Park or Downtown Kirkwood, this is a great 2 bedroom/1 full bath condo with an open floor plan with an updated kitchen (all appliances and window treatments are included) and wood laminate flooring and carpeted bedrooms. The Master bedroom encompasses a large 8 x 6 walk-in closet with shelving that is mobile and versatile. It doesn’t stop there, the over sized bathroom has a tile floor and a large closet. You will enjoy the convenience of the main floor laundry room which includes a newer washer and dryer unit. There is also a beautiful sliding glass door that leads out to the private balcony to enjoy peaceful Kirkwood. Finally, this unit comes with a storage locker and an assigned space under the covered carports. This one is priced to sell so don't delay.

To view call 314-486-5656.

Laura Ludwig
http://www.lauralei.net
314-503-1186

Ask about our$195 Flat Fee MLS ListingsLauralei Properties, LLC

Exceptional two story home on a tree lined cul-de-sac - Free Classifieds | RiverBender.com

Exceptional two story home on a tree lined cul-de-sac - Free Classifieds | RiverBender.com: Exceptional two story home on a tree lined cul-de-sac in a highly sought after West County neighborhood. The entryway opens into a spectacular two story foyer with custom tile flooring and turned staircase. The main floor boasts a freshly updated kitchen with gorgeous granite countertops and brand new stainless steel appliances. The large custom designed double deck is perfect for entertaining with a secluded tree lined view. The upstairs includes a large master suite with a luxury bath and jacuzzi tub, separate shower and double sink with plenty of cabinet space plus three additional spacious bed rooms. The lower level comes with a huge finished, walk out basement with full bath, plenty of space for both game room, office or additional bedrooms and plenty of storage. An easy to maintain yard and hassle free landscaping gives you more time to do the things you enjoy. This is a turnkey must see home! It is located at 1759 Warmington Ct. Ballwin, Missouri in the Parkway School District.

To view call 314-503-6430


Laura Ludwig
http://www.lauralei.net
314-503-1186

Ask about our$195 Flat Fee MLS ListingsLauralei Properties, LLC

BEAUTIFUL REHAB....MUST SEE INSIDE! - Classified Ad

BEAUTIFUL REHAB....MUST SEE INSIDE! - Classified Ad

BEAUTIFUL REHAB....MUST SEE
INSIDE! 3 BR 2 BA ranch on almost .5 acre on quiet dead end street in
a great Webster Groves area. 1851 sq. ft. home was renovated inside
and out w/refinished hrdwd floors, master bath, renovated existing
bath, roof, energy efficient double hung windows, HVAC, vinyl siding,
aluminum soffits, fascia and gutters. Updated electric and PVC
plumbing. Open floor plan w/generous sized Living Room w/woodburning
fireplace to Dining Room, featuring crown moulding, and adjoins a
large updated kitchen, featuring newer cabinets, granite countertops,
tile backsplash and SS appliances (5 burner gas stove, microwave,
dishwasher and fridge) and recessed lighting. Brkfst area w/French
doors open to the deck, level fenced back yard. Divided BR floor
plan, Master BR suite w/newly added bath w/double bowl vanity,
ceramic flooring and shower/tub combo. Charming Glass enclosed
wrap-around porch w/A/C and heat and door to driveway. Close to Rec
Center, I-44 and Metro Link station.

To
view call 314-276-2606

140
Cottage Ave Webster Groves,
Missouri 63119

Laura
Ludwig
http://www.lauralei.net

314-503-1186

Ask
about our
$195
Flat Fee MLS Listings
Lauralei
Properties, LLC

How long do homeowners stay in their home?

The National Association of Realtors (NAR) keeps historic data on many aspects of homeownership. One of the data points that has changed dramatically is the median tenure of a family in a home. As the graph below shows, for over twenty years (1985-2008), the median tenure averaged exactly six years. However, since 2008, that average is almost nine years – an increase of almost 50%.

USDA Loan Fees Have Been Reduced!

As of October 1, 2016, both the upfront “USDA Guarantee Fee” and monthly fee for purchase and refinance loans decreased.   The upfront Guarantee Fee was reduced from 2.75% to 1% and the monthly fee decreased from .50% to .35%. 

The comparative savings for your USDA buyers in the chart below are based on a sales price of $150,000 and today’s 30-year fixed USDA interest rate of 3.250%.

	OLD	NEW
Loan Amount	$154,241 * $150,000 purchase price + 2.75% Upfront Guarantee Fee	$151,515 * $150,000 purchase price + 1% Upfront Guarantee Fee
Total Estimated Mo. Payment	$984.95 * includes estimated real estate taxes & homeowners insurance	$953.19 * includes estimated real estate taxes & homeowners insurance

BENEFITS OF USDA FINANCING:

·         No money down / 100% financing

·         No purchase price limit or maximum loan amount

·         St. Louis County & St. Charles County Income limits for households of 1-4 occupants = $80,920;  5+ occupants = $106,850

Did you know....?

Flat Branch Home Loans is the second largest provider of USDA financing in Missouri.  Our expertise with this loan product and eligibility has made Flat Branch Home Loans a top choice for buyers who want a smooth loan transaction with no surprises or issues.

The seller can pay up to 6% of the sales price to cover closing costs and escrow fees at closing for a USDA buyer.  This allows a USDA buyer to purchase a home with little to no money out of pocket on the day of closing.

Buyers must purchase in a USDA-eligible area. Some areas of St. Charles County are eligible for USDA financing.  To determine if a property is eligible you can visit USDA’s eligibility site by clicking here.

Amy Hess Senior Mortgage Banker Flat Branch Home Loans 16150 Main Circle Dr. Suite 220 Chesterfield, MO. 63017 Work: 314-872-0998 ext. 2586 | Mobile: 573-291-2704 | Fax: 314-219-8575 NMLS ID: 58000 | Company NMLS: 224149 ahess@flat-branch.com | flatbranchhomeloans.com

USDA Loan Fees Have Been Reduced!

As of October 1, 2016, both the upfront “USDA Guarantee Fee” and monthly fee for purchase and refinance loans decreased.   The upfront Guarantee Fee was reduced from 2.75% to 1% and the monthly fee decreased from .50% to .35%. 

The comparative savings for your USDA buyers in the chart below are based on a sales price of $150,000 and today’s 30-year fixed USDA interest rate of 3.250%.

	OLD	NEW
Loan Amount	$154,241 * $150,000 purchase price + 2.75% Upfront Guarantee Fee	$151,515 * $150,000 purchase price + 1% Upfront Guarantee Fee
Total Estimated Mo. Payment	$984.95 * includes estimated real estate taxes & homeowners insurance	$953.19 * includes estimated real estate taxes & homeowners insurance

BENEFITS OF USDA FINANCING:

·         No money down / 100% financing

·         No purchase price limit or maximum loan amount

·         St. Louis County & St. Charles County Income limits for households of 1-4 occupants = $80,920;  5+ occupants = $106,850

Did you know....?

Flat Branch Home Loans is the second largest provider of USDA financing in Missouri.  Our expertise with this loan product and eligibility has made Flat Branch Home Loans a top choice for buyers who want a smooth loan transaction with no surprises or issues.

The seller can pay up to 6% of the sales price to cover closing costs and escrow fees at closing for a USDA buyer.  This allows a USDA buyer to purchase a home with little to no money out of pocket on the day of closing.

Buyers must purchase in a USDA-eligible area. Some areas of St. Charles County are eligible for USDA financing.  To determine if a property is eligible you can visit USDA’s eligibility site by clicking here.

Amy Hess Senior Mortgage Banker Flat Branch Home Loans 16150 Main Circle Dr. Suite 220 Chesterfield, MO. 63017 Work: 314-872-0998 ext. 2586 | Mobile: 573-291-2704 | Fax: 314-219-8575 NMLS ID: 58000 | Company NMLS: 224149 ahess@flat-branch.com | flatbranchhomeloans.com

Welcome home to this 5 bedroom 3 Full bath with over 2000 sq ft of living space.

Welcome home to this 5 bedroom 3 Full bath with over 2000 sq ft of living space. This home was professionally refinished complete with 42" cabinets, granite counter tops, stainless appliances. Updated baths with ceramic tile and vanities. All new 6 panel doors, carpet, Laminate flooring, fresh paint. HVAC, Plumbing and electric with 200amp panel all new. Entertain on your brand new deck off the kitchen or straight from the walkout lower level. Basement is also been finished with new tile floors and new carpet. Relax and move right in. New vinyl siding, garage door, and roof. Great location within minutes of Creve Coeur lake, Maryland Heights rec. center and lots of shopping and restaurant's. Make your appointment today. This completely updated house will not last long.

2234 Arborview Dr, Maryland Heights 63043

Laura Ludwig
http://www.lauralei.net

314-503-1186

Ask about our
$195 Flat Fee MLS Listings
Lauralei Properties, LLC

MHDC’s newest grant program called “Next Step

MHDC’s newest grant program called “Next Step” now allows non-first time homebuyers to qualify for down payment assistance with a higher income restriction!  Check out the attached information sheet to compare the two MHDC grant program options currently available for your buyers.

Now ANY HOMEBUYER looking to purchase their primary residence can potentially qualify for MHDC’s newest grant program called MHDC Next Step!

MHDC “Next Step” Program Features:

1.      Grant is equal to 4% of the borrower’s base loan amount

2.      Higher Household Income Limits:  $84,360 for 1 – 2 persons; $98,420 for 3+ persons

3.      Higher Purchase Price Limits:  $312,368 for a one-unit property

4.      Two year forgivable down payment assistance grant

5.      Available to use with Conventional, FHA, USDA, and VA financing options

6.      Rates will adjust daily.  Contact me directly to find out current rates!

Let me know if I can help your buyers currently shopping for homes get pre-qualified for this program.

	Amy Hess Senior Mortgage Banker Flat Branch Home Loans 16150 Main Circle Dr. Suite 220 Chesterfield, MO. 63017 Work: 314-872-0998 ext. 2586 | Mobile: 573-291-2704 | Fax: 314-219-8575 NMLS ID: 58000 | Company NMLS: 224149 ahess@flat-branch.com | flatbranchhomeloans.com

5 bedroom 3 Full bath with over 2000 sq ft of living space

5 bedroom 3 Full bath with over 2000 sq ft of living space - Classified Ad

Welcome home to this 5 bedroom 3 Full bath with over 2000 sq ft of living
space. This home was professionally refinished complete with 42"
cabinets, granite counter tops, stainless appliances. Updated baths
with ceramic tile and vanities. All new 6 panel doors, carpet,
Laminate flooring, fresh paint. HVAC, Plumbing and electric with
200amp panel all new. Entertain on your brand new deck off the
kitchen or straight from the walkout lower level. Basement is also
been finished with new tile floors and new carpet. Relax and move
right in. New vinyl siding, garage door, and roof. Great location
within minutes of Creve Coeur lake, Maryland Heights rec. center and
lots of shopping and restaurant's. Make your appointment today. This
completely updated house will not last long.

2234 Arborview Dr, Maryland Heights 63043

Open
Sunday 9/25 1-3pm

Laura
Ludwig
http://www.lauralei.net

314-503-1186

Ask
about our
$195
Flat Fee MLS Listings
Lauralei
Properties, LLC

Market Trends this week in Real Estate

Please enjoy this quick update on what happened this week in the housing and financial markets. The Fed voted not to raise policy rates at this week's meeting, but did leave the door open for a hike before the end of the year. Odds currently favor December. Stocks rallied on the news, hitting new highs. Bonds also improved, which is supportive of lower mortgage rates or better loan pricing. The labor market remains strong, with jobless claims dropping to a two-month low. A strong labor market could play into the Fed's decision to raise rates this year.  Home builders are showing the strongest confidence in the housing market in 11 months, prompted by a surge in interest in new homes following a summer lull. New housing starts were down slightly in August after two months of increases. However, building permits were up, suggesting a rebound in the coming months. Housing inventory remains tight, although demand is strong. Home prices were up 0.5% from June to July, according to the Federal Home Finance Agency. A man goes to the lawyer and asks, "What's your fee?" The lawyer says, "Five hundred dollars for three questions." The man says, "Wow, so much! Isn't that a bit expensive?" The lawyer says, "Yes, I suppose it is. What's your third question?" Rate movements and volatility are based on published, aggregate national averages and measured from the previous to the most recent midweek daily reporting period. These rate trends can differ from our own and are subject to change at any time.

Sincerely,

Christopher Gianino
Pinnacle Real Estate Advisor by Gershman Mortgage
Vice President
NMLS 252641
(314) 280-5662
cgianino@gershman.com
www.PinnacleRealEstateAdvisor.com