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2011 Derby Party a Huge Success!
Upper End Properties was thrilled to sponsor the 2011 Derby Party to benefit Big Brothers Big Sisters of Eastern Missouri.
Hundreds participated in the festivities, many donning derby hats and sipping mint juleps.
Aside from delicious classic derby food, such as cheese grits, the highlight of the event was the dice rolling game. Participants were given the [...]Categories: Uncategorized -
Special Fannie Mae HomePath Buyer Incentive Offer
By Greg Iverson
(636) 751-1068 – greg.iverson@upperendproperties.com
There’s great news from Fannie Mae: Buyers may be eligible to receive up to 3.5% in closing cost assistance through June 30, 2011 as part of the HomePath buyer incentive.
To be eligible for this incentive, the following qualifications must be met:
- Buyers and/or selling agents must request the incentive upon [...]Categories: Uncategorized -
Details on Fannie Mae’s HomePath Program
By Greg Iverson
(636) 751-1068 – greg.iverson@upperendproperties.com
With the rise in the number of foreclosed properties in the last few years, lenders have been scrambling to find ways to finance them for new buyers. Historically, it has been very difficult to finance foreclosures due to the below average condition they are oftentimes in. Lenders want to see [...]Categories: Uncategorized -
Could You Use Some Down Payment Assistance?
From Greg Iverson
(636) 751-1068 – greg.iverson@upperendproperties.com
Beyond Housing offers a down-payment assistance program to aid those who may have difficulty in coming up with the funds necessary to put money down on a home.
The non-profit organization was founded 30 years ago with the mission to help low-income families establish economic independence. As part of this, they [...]Categories: Uncategorized -
Upper End Helps Raise over $1,200 for Friends of Kids with Cancer!
The event at The Post was a huge success! We raised over $950 for Friends of Kids with Cancer and sold over 30 tickets for our Cardinals outing ($300 will go to the charity).
Approximately 50 people came out. They consisted mostly of young professionals who support Friends of Kids with Cancer.
The night not only raised [...]Categories: Uncategorized -
Proposed “Safe” Mortgage Rules Could Reduce the Number of Borrowers Eligible for Home Financing!
From Greg Iverson
(636) 751-1068 – greg.iverson@upperendproperties.com
The most recent Dodd-Frank Act requires banks to hold 5% of the credit risk of mortgages that are bundled together and sold as mortgage-backed securities in the secondary mortgage market. The thought behind this is simple: banks won’t be tempted to make risky loans if they’re required to have some [...]Categories: Uncategorized -
Is a Condo Right for You?
From the Desk of Cory Spielberg:
cory.spielberg@upperendproperties.com
If you have ever lived in a condo or apartment (also known as a multi-family building) you have experienced the ever-prominent noise problem.
If well built, and most of the higher end condos are these days, there shouldn’t be any issues with noise. However, in newer buildings it is often [...]Categories: Uncategorized -
Creativity, Networking are Keys to Sparking Deals
From Jen Ross
jen.ross@upperendproerties.com
Recently, I have been able to get 2 houses under contract that were not on the market.
One had expired in November and then been rented in U City, so I called the agent to ask if the lease term was coming up, and it was! She let my buyer and me into the [...]Categories: Uncategorized -
The Real Estate Market isn’t that Bad… in Certain Areas
From the Desk of Cory Spielberg:
(314) 726-6442 – cory.spielberg@upperendproperties.com
Supply and demand, that old economic go-o still very much holds true. I spent the weekend in Des Moines, Iowa and enjoyed having conversations with several real estate investors, agents and others. It was as if nothing negative was going on.
My cousin just bought a house in [...]Categories: Uncategorized
