St Louis Real Estate News » Special Posts http://stlouisrealestatenews.com St Louis Real Estate News-St Louis Real Estate Agents-St Louis Housing Market Info-St Louis Metro Area Real Estate Market Stats Thu, 29 Jul 2010 21:14:41 +0000 en hourly 1 http://wordpress.org/?v=3.0 Is a home a good investment? http://stlouisrealestatenews.com/real-estate-market/is-a-home-a-good-investment/ http://stlouisrealestatenews.com/real-estate-market/is-a-home-a-good-investment/#comments Mon, 26 Jul 2010 16:02:33 +0000 Dennis Norman http://stlouisrealestatenews.com/?p=1591 Dennis Norman

Asking this question now is about like asking a newly divorced person their thoughts on marriage….nonetheless in challenging times many of us reflect upon our past investment decisions, investment philosophy, etc and see what can be learned from our past to help us in the future.

Is the American Love Affair with Home [...] Related posts:

  1. Survey shows shift in consumer real estate decisions; more making move for the better
  2. Should You Rent Or Buy A Home?
  3. Not All Home Improvements Lead to Higher Value
]]> http://stlouisrealestatenews.com/real-estate-market/is-a-home-a-good-investment/feed/ 0 St. Louis Area Property To Be Sold At Tax Sales http://stlouisrealestatenews.com/special-posts/st-louis-area-property-to-be-sold-at-tax-sales/ http://stlouisrealestatenews.com/special-posts/st-louis-area-property-to-be-sold-at-tax-sales/#comments Mon, 19 Jul 2010 22:11:16 +0000 Dennis Norman http://stlouisrealestatenews.com/?p=1577 Dennis Norman

Next month St. Louis County and St. Charles County will hold their annual collector’s real property tax sale.  The City of St. Louis holds their property tax sale on five separate dates beginning in May and running through October.

The general perception among many people is that at these sales property is sold for [...] Related posts:

  1. St. Louis County Offering Property Owner Advocates to Help Appeal Property Assessment
  2. St Louis Real Estate-Appellant Court Decision Huge Victory for Property Owners
  3. St. Louis Real Estate – St. Charles County home price declines vs assessors property values; Update
]]> http://stlouisrealestatenews.com/special-posts/st-louis-area-property-to-be-sold-at-tax-sales/feed/ 0 Population Growth Equals Housing Demand; Which States are Growing? http://stlouisrealestatenews.com/special-posts/population-growth-equals-housing-demand-which-states-are-growing/ http://stlouisrealestatenews.com/special-posts/population-growth-equals-housing-demand-which-states-are-growing/#comments Mon, 28 Jun 2010 18:35:28 +0000 Dennis Norman http://stlouisrealestatenews.com/?p=1490  

 

Dennis Norman

While there are many factors that go into what makes for a good or bad housing market and ultimately how well an investment in real estate will do in a market, two things in my book are key; population growth and job growth. Actually job growth brings population growth so perhaps it [...] Related posts:

  1. The St. Louis Real Estate Market Bubble and Burst; St. Louis County hurt the worst in the area
  2. EHOC Files Fair Housing Complaints Against 14 Senior Housing Providers in St. Louis area
  3. More On The Housing Boom and Bust; Cause and Effect
]]> http://stlouisrealestatenews.com/special-posts/population-growth-equals-housing-demand-which-states-are-growing/feed/ 0 Mortgage Fraud Sweep Results in Almost 500 Arrests http://stlouisrealestatenews.com/real-estate-market/mortgage-fraud-sweep-results-in-almost-500-arrests/ http://stlouisrealestatenews.com/real-estate-market/mortgage-fraud-sweep-results-in-almost-500-arrests/#comments Fri, 18 Jun 2010 18:25:13 +0000 Dennis Norman http://stlouisrealestatenews.com/?p=1446

Dennis Norman

According to a press release issued by the FBI, nearly 500 people have been arrested in a nationwide mortgage fraud take-down as part of “Operation Stolen Dreams.” This operation was launched on March 1, 2010 and, according to the FBI, has lead to a total of 485 arrests, 330 convictions and [...] Related posts:

  1. Mortgage Fraud Surge Investigation Nets More Than 100 Individuals Throughout Middle District of Florida
  2. Six Charged with Wire Fraud Based on $20 Million Mortgage Fraud Scheme
  3. Former Mortgage Broker, California Woman Plead Guilty to Mortgage Fraud
]]> http://stlouisrealestatenews.com/real-estate-market/mortgage-fraud-sweep-results-in-almost-500-arrests/feed/ 0 Loan Modification Scams On the Rise http://stlouisrealestatenews.com/real-estate-market/loan-modification-scams-on-the-rise/ http://stlouisrealestatenews.com/real-estate-market/loan-modification-scams-on-the-rise/#comments Tue, 08 Jun 2010 15:25:07 +0000 Dennis Norman http://stlouisrealestatenews.com/?p=1409

Dennis Norman

According to data from NeighborWorks America, a national nonprofit organization created by Congress to provide community-based [...] Related posts:

  1. Avoid mortgage modification and foreclosure rescue scams
  2. Freddie Mac offers loan modification “room service” to help borrowers
  3. Obama Administration HAMP Loan Modification Program Falling Short
]]> http://stlouisrealestatenews.com/real-estate-market/loan-modification-scams-on-the-rise/feed/ 0 Fannie Mae Issues Guidelines For HAFA Short-Sales and Deed-in-Lieu http://stlouisrealestatenews.com/foreclosure/fannie-mae-issues-guidelines-for-hafa-short-sales-and-deed-in-lieu/ http://stlouisrealestatenews.com/foreclosure/fannie-mae-issues-guidelines-for-hafa-short-sales-and-deed-in-lieu/#comments Tue, 01 Jun 2010 23:34:46 +0000 Dennis Norman http://stlouisrealestatenews.com/?p=1390 UPDATE- June 2, 2010: The National Association of REALTORS obtained answers from the Treasury Department on 3 common questions about HAFA:

agents are not permitted to rebate a portion of their commission to the buyer, sellers who are real estate agents must list their home for sale with another broker, [...] Related posts:
  1. Can You Obtain a Home Loan If you Did a Short Sale or Deed-in-Lieu?
  2. Home Affordable Foreclosure Alternatives Program (HAFA) Launched
  3. Help for homeowners facing foreclosure or are underwater
]]> http://stlouisrealestatenews.com/foreclosure/fannie-mae-issues-guidelines-for-hafa-short-sales-and-deed-in-lieu/feed/ 0 Former Mortgage Broker, California Woman Plead Guilty to Mortgage Fraud http://stlouisrealestatenews.com/legislative-regulatory/former-mortgage-broker-california-woman-plead-guilty-to-mortgage-fraud/ http://stlouisrealestatenews.com/legislative-regulatory/former-mortgage-broker-california-woman-plead-guilty-to-mortgage-fraud/#comments Sat, 29 May 2010 01:07:53 +0000 admin http://stlouisrealestatenews.com/?p=1379 Beth Phillips, United States Attorney for the Western District of Missouri, announced today that two more defendants have pleaded guilty in federal court to charges related to mortgage fraud schemes, including a $12.6 million conspiracy that involved 25 upscale residential properties in Lee’s Summit, Missouri and Raymore, Missouri and a [...] Related posts:
  1. Six Charged with Wire Fraud Based on $20 Million Mortgage Fraud Scheme
  2. Ponzi Scheme and Mortgage Fraud Mastermind Sentenced to 15 Years, Eight Months
  3. CEO of the Duncan Group In St Louis Pleads Guilty in Multi-Million Dollar Ponzi Scheme
]]> http://stlouisrealestatenews.com/legislative-regulatory/former-mortgage-broker-california-woman-plead-guilty-to-mortgage-fraud/feed/ 0 New Home Buyers At Risk of Losing Fixed-Rate Mortgages Again http://stlouisrealestatenews.com/legislative-regulatory/new-home-buyers-at-risk-of-losing-fixed-rate-mortgages-again/ http://stlouisrealestatenews.com/legislative-regulatory/new-home-buyers-at-risk-of-losing-fixed-rate-mortgages-again/#comments Fri, 28 May 2010 02:55:17 +0000 Dennis Norman http://stlouisrealestatenews.com/?p=1374

Dennis Norman

Earlier this month I did a post about important legislation in Missouri, specifically HB 2058, which would make badly needed changes to the Missouri Mechanic’s Lien Statute, because if it didn’t pass purchasers of new homes would face hurdles obtaining long-term fixed-rate mortgages as title companies have threatened to stop providing mechanic’s lien [...] Related posts:

  1. No More Fixed-Rate Loans On New Homes If Missouri Lawmakers Don’t Act Quickly
  2. Mortgage Delinquencies Increase In May; 1 in 8 Borrowers At Risk of Losing Home
  3. MHDC approves $20 Million incentive for Missouri home buyers
]]> http://stlouisrealestatenews.com/legislative-regulatory/new-home-buyers-at-risk-of-losing-fixed-rate-mortgages-again/feed/ 0 Six Charged with Wire Fraud Based on $20 Million Mortgage Fraud Scheme http://stlouisrealestatenews.com/legislative-regulatory/six-charged-with-wire-fraud-based-on-20-million-mortgage-fraud-scheme/ http://stlouisrealestatenews.com/legislative-regulatory/six-charged-with-wire-fraud-based-on-20-million-mortgage-fraud-scheme/#comments Sun, 23 May 2010 17:15:55 +0000 Dennis Norman http://stlouisrealestatenews.com/?p=1335 A 10-count indictment has been unsealed charging six individuals with conspiracy to commit wire fraud and wire fraud, announced U.S. Attorney Karen P. Hewitt. The defendants are charged with submitting false and fraudulent mortgage loan applications and related documents to banks and other lending institutions, thereby inducing the institutions to make [...] Related posts:
  1. Five Indicted in Foreclosure Rescue and Mortgage Fraud Scheme
  2. President of Metropolitan Money Store Sentenced to Over 12 Years in Prison for $37 Million Mortgage Fraud Scheme
  3. Mortgage Fraud Surge Investigation Nets More Than 100 Individuals Throughout Middle District of Florida
]]> http://stlouisrealestatenews.com/legislative-regulatory/six-charged-with-wire-fraud-based-on-20-million-mortgage-fraud-scheme/feed/ 0 Ponzi Scheme and Mortgage Fraud Mastermind Sentenced to 15 Years, Eight Months http://stlouisrealestatenews.com/legislative-regulatory/ponzi-scheme-and-mortgage-fraud-mastermind-sentenced-to-15-years-eight-months/ http://stlouisrealestatenews.com/legislative-regulatory/ponzi-scheme-and-mortgage-fraud-mastermind-sentenced-to-15-years-eight-months/#comments Sun, 23 May 2010 02:15:00 +0000 Dennis Norman http://stlouisrealestatenews.com/?p=1333 The founder and head of Chicago Development and Planning was sentenced yesterday to 15 years and eight months in prison, and ordered to pay more than $9 million in restitution for wire fraud, mail fraud, and money laundering, U.S. Attorney Joseph P. Russoniello announced.

Patricia Morgen pleaded guilty on Dec. 16, 2009. According [...] Related posts:

  1. President of Metropolitan Money Store Sentenced to Over 12 Years in Prison for $37 Million Mortgage Fraud Scheme
  2. CEO of the Duncan Group In St Louis Pleads Guilty in Multi-Million Dollar Ponzi Scheme
  3. Former Mortgage Broker, California Woman Plead Guilty to Mortgage Fraud
]]> http://stlouisrealestatenews.com/legislative-regulatory/ponzi-scheme-and-mortgage-fraud-mastermind-sentenced-to-15-years-eight-months/feed/ 0