Your First Reality Show!

first time home buyer on tvLast week a production assistant with the show “My First Place” called to let us know that the show is recording episodes this summer and fall in ST LOUIS! She found us online and wanted us to pick out some of our buyer’s to apply for the show.

For some, buying their first home is an exciting but very personal event. For many, a little attention doesn’t hurt.

What they are looking for is an energetic person or couple buying their first place to work with the show to produce a mini-documentary about the buying process. Its a really cool show, although it really tends to oversimplify the process. Not that its bad. Condensing the home buying process to 30 minutes-less commercial break time-just isn’t realistic. Some first time buyer’s look for months, then take another few months to get throught he rest of the process. Making it into a TV show requires a lot of editing.

Either way, if you’re considering buying your first home in St Louis Missouri and would like to be on the HGTV show “My First Place”, contact us online and we’ll get you all the details.

The process of finding a home for the first time can be a variety of different experiences combined into one. Having a good Realtor in St Louis to guide you through the process is what the show wants to capture. The interesting thing I’ve noticed since I’ve been in the real estate business is that people love to tell the stories about their home buying process. The thought of having a TV show made about your home buying process seems like the PERFECT closing gift to have after the fact to show friends and family and make the process easier and more fun!

St Louis real estate is our specialty! If you’re looking for real estate anywhere in the St Louis, MO area, including St Louis City, St Louis County, St Charles, Ballwin, Chesterfield, Kirkwood, Webster Groves, or one of the other areas we serve, simply click the “Search St Louis Real Estate” link at the top or bottom of this page to begin your home search

Balancing Opinions

home buyer advice
Buying a home for just about everyone is a unique experience. Something that is done for most folks so rarely calls for some guidance and direction. Where do we get our direction? People seek different levels and types of direction when it comes to buying a home and as a real estate practitioner, its an interesting look at human behavior.

The Internet Crusader
If you’re reading this blog post, theres a chance that you have a bit of the internet crusader in you. In years of working in real estate, the internet continues to grow in its significance as a tool for the real estate consumer and within the industry. The interesting thing is that while there is a great deal of information online that is useful, there is also a great deal of misinformation and a great deal of information that is reliable in another state and city besides St. Louis Missouri. Laws and customs vary, so use the internet as a resource, but not as a guide.

The Jury Foreman
Many buyers like to talk with their friends and colleagues about what they are trying to do. You’re a jury foreman if you like to present scenarios to various individuals to see what they would do, then tally the results and make your decisions democratically. If that’s a basis for your decision making, it could help, but it could be trouble. Problems that sometimes occur to jury foreman is when the ‘members of the jury’ don’t know or care about the subject matter. Jury members can also get only a portion of the scenario, and miss a crucial element to the decision.

The Loyal Child–The Loyal Friend
To a large extent, its normal to be a loyal child or loyal friend. Most people have trusted advisors in their life that they include in big decisions. In any case, its interesting to observe the extent to which the “Trusted Parent” or “Trusted Advisor” feels comfortable in participating in this role. Some “trusted advisors” really have difficulty with the individual consulting with a professional such as a Realtor and others are the exact opposite, saying “I don’t know, what’s your Realtor think?” In any case, its good to have a Realtor that has enough humility and understanding to encourage participation in discussions and gently share experiences and ideas without turning an exciting process into a power struggle. One concern with the loyal child or loyal friend can occur because the real estate field is dynamic. Someone with a few experiences spread out over a few decades and possibly several different locations can be giving advice based on an entirely different market conditions or out of date factors.

The Groupie
In this day and age, “brand loyalty” can really be a refreshing break from the norm. The Groupie takes it to the next level. The groupie is someone with complete faith in a specific home builder or Realtor, who seems more concerned about pleasing their chosen professional rather than making the right decision. Some might think that this is the ideal situation for a Realtor. That’s probably not so, for just as the groupie would give lots of credit to their mentor, they are equally as quick in placing blame if things don’t go as well. As a Realtors, lots of people want our opinion about neighborhoods, school districts, and all sorts of other matters. We’re usually happy to share them too! As with all the other types of buyer’s, its important for the buyer to keep THEMSELVES and THEIR PRIORITIES front and center throughout the process.

The bottom line: when buying a home, the amount of advice and ideas on “how things are done” can be OVERWHELMING and not always reliable. Working through the process and sorting out different ideas is the most crucial element in making a sound decision. Having good professionals means the help that process, not hinder.

St Louis real estate is our specialty! If you’re looking for real estate anywhere in the St Louis, MO area, including St Louis City, St Louis County, St Charles, Ballwin, Chesterfield, Kirkwood, Webster Groves, or one of the other areas we serve, simply click the “Search St Louis Real Estate” link at the top or bottom of this page to begin your home search

Free Money

downpayment assistance

Free Money comes at a Cost

Last night a buyer called me about free money.  Very understandable.  Who could complain about free money?   Well, in reality, it may not be entirely free, and there could be a catch…..or two.

The Missouri adminsitration that handles most home buying assistance is called the Missouri Housing Development Commission, commonly known as MHDC.  Programs through MHDC range from rehabilitation loans and rebates to loans with downpayment assistance.   Timing is important if you’re interested in securing assistance from MHDC as most of their programs rely on the sale of bonds for funds.  The funds become available on a certain date and then expire when the funds are exhausted.  First come first serve. 

To look more closely into MHDC or any other home buyer program, contact an approved lender.  Make sure your lender is approved for the program in which they are giving information, as some lenders may try to avoid the subject or convince buyers that the program isn’t  useful if they aren’t able to participate.

Another entity in the St Louis are is Beyond Housing.  They also have a home buyer center that can assist low income buyers in achieving thier goal of home ownership. 

For all the Missouri associations providing assistance and education to St Louis home buyers, a list can be found at the US Department of Housing and Urban Development website

Happy Hunting!

St Louis real estate is our specialty! If you’re looking for real estate anywhere in the St Louis, MO area, including St Louis City, St Louis County, St Charles, Ballwin, Chesterfield, Kirkwood, Webster Groves, or one of the other areas we serve, simply click the “Search St Louis Real Estate” link at the top or bottom of this page to begin your home search now.