Chris Buys Homes in St. Louis Blog

When you sell a promissory note that has no property behind it, the price comes down to three things: who is paying, how well they have paid so far, and what happens if they stop. Unsecured means there is no house or land standing behind the note. Nothing can be foreclosed on if the payer […]

If you carried the financing when you sold a property and now hold the paper, you can sell a private mortgage in Missouri, and plenty of people do. The part that surprises most note holders is how the price gets set. A note is priced off the buyer’s risk, not off the balance the borrower […]

Where Owner Financed Homes in St. Louis Meet an Existing Mortgage Owner financed homes in St. Louis are usually sold by people who own them outright, and that is the first thing to check before you promise a buyer anything. If there is still a mortgage on the property, an owner financed sale is often […]

We Buy Houses In High Ridge, Missouri . As homebuyers in Missouri, we have often asked by people, “I want to sell my real estate note in High Ridge, MO, but where do I start?” Holding a real estate note, private mortgage note, private promissory note or other paper real estate asset in High Ridge, […]

Crumbling stone basement walls, bowing, cracks and water can stall a financed sale in St. Louis. Here is what Missouri sellers disclose, what FHA and conventional lenders look for, what repairs cost, and when selling as-is fits better than fixing first.

Cash for keys means paying a tenant to move out by an agreed date, in writing. Here is how it works in Missouri, how landlords set the amount, how it compares with an eviction, and when selling with the tenant in place is simpler.

Before anything else, three decisions shape how you sell a rental property: whether the tenants stay, when you sell relative to your tax year, and who you sell to. Tenants first. A lease survives the sale in Missouri, so a buyer purchasing an occupied unit is buying the lease along with it, and month to […]

Pricing to sell, listing as-is, an iBuyer and a direct cash buyer each trade price for time in a different way. Here is what each costs and how long it takes in St. Louis County and the City, how occupancy inspections slow a sale, and how to check a cash buyer.

The St. Louis real estate market has never been a boom-and-bust place, and that is still the most useful thing to know about it. Inventory stays tight, well-kept homes in the inner suburbs move quickly, and anything needing a roof, a furnace or a sewer lateral waits while buyers do the arithmetic. St. Louis real […]

Selling a house in a hot market sounds like it should happen by itself. Low inventory, competing offers, over asking. Then the listing sits, and the showings thin out after week two. The St. Louis housing market runs hot in slices, not everywhere at once. Buyers using a mortgage are shopping for move-in ready, because […]

In a seller’s market the first offer often lands within days, and that speed is exactly what trips people up. Preparing for offers in a seller’s market is less about celebrating the number on page one and more about reading pages two through eight, because that is where the money actually lives. Look at the […]

You can sell a house with a reverse mortgage, and the loan is paid from the sale at closing. For Missouri heirs, HUD's rules set the clock: 30 days to answer the servicer's notice and about six months to sell, with up to two 90-day extensions.

You can sell a St. Louis house you still owe on. Here is how the title company figures and pays the payoff, why it runs above your balance, what happens to a HELOC and your escrow, and what to do if you owe more than the house will bring.

Most owners deduct the mortgage interest and the obvious repairs, then stop. The investment property tax deductions that get left on the table are the unglamorous ones: premiums on the landlord policy, casualty losses the insurer did not cover, mileage driving out to the property, the fee you pay a bookkeeper or a property manager, […]

Popular television shows make real estate investing seem easy with guaranteed profits. What these shows don’t show you are the behind-the-scenes tribulations that investors must go through in securing and rehabbing properties. Investment property financing in Missouri is stricter than a loan on the house you live in, and it stays stricter for the life […]

In Missouri, the agent named in a power of attorney can sell a parent's house if the document covers real estate and the parent is alive. Here is what the title company checks, why the power gets recorded, and what changes with dementia, a death or MO HealthNet.

Before anything else, three decisions shape how you sell a rental property: whether the tenants stay, when you sell relative to your tax year, and who you sell to. Tenants first. A lease survives the sale in Missouri, so a buyer purchasing an occupied unit is buying the lease along with it, and month to […]

The Challenges of Rental Property Ownership Enter Chris Buys Homes STL: Your Trusted St. Louis Home Buyers Why Choose St. Louis Home Buyers for Estate Sales? How It Works Learn More About Chris Buys Homes STL Assessed vs. Market Value in St. Louis: A Key Difference LOOKING TO DO A DEAL IN MO? CONTACT US […]

Downsizing a house is rarely about square footage. It is about stairs, upkeep, a tax bill that keeps climbing, and how far away the nearest grandchild lives. Once the decision is made, what surprises people is the cost of getting out of the old place. A traditional listing here means commission, the repairs an agent […]