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Answers to Frequently Asked Real Estate Questions ContinuedCan you only sell the homes you have listed? (continued)The internet has lots of houses listed but most of the databases aren't up to date. I use the St. Louis area Multiple Listing Service (MLS) It's the same service that all of the area real estate companies use and its information is very accurate and current. Based on our discussion of your needs, I can set up a search and have it email homes to you as soon as they are listed so you'll know about homes within an hour of their availability. Let's make an appointment to get together. Send me an email or call me at 314-772-4663 Back to QuestionsHow much money will I have to have?Even if you choose a 100% loan you should expect to have expenses of 2 1/2% of the price of your home at closing. These expenses are referred to as closing cost prepaids and points. A 100% loan is generally a non-conforming product. There are a myriad of products available with different features. You should consult with your Realtor and loan officer to find the correct product for you. Also, talk to your Realtor (I really hope that's me!) about negotiating a contract in which the seller pays some or all of the closing costs.Back to Questions |
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Feel free to contact me directly with any questions:Jackie Martin, Realtor
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