35 million dollar economic plan passed. Missouri Housing Developement Commission - 12/19/09 01:09 PM
Subject: $35 million economic development package passed at MHDCAs Chair of the Missouri Housing Development Commission, I amvery excited to announce that moments ago we passed a $35million economic development initiative. This initiative, firstunveiled by Governor Jay Nixon and myself on November 24, willprovide property tax relief to thousands of qualified middle-and low-income Missouri homebuyers, create and protectpotentially thousands of good-paying jobs and help improveenergy-efficiency in Missouri housing.The $35 million package was approved at today's MHDC meeting,which was webcast live for the first time ever in an effort tobring increased transparency to the housing agency. The packageprovides:1. $15 million to pay … (0 comments)

Down Payment Grant Revised 2009 (mhdc) - 12/09/09 02:03 PM
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Down Payment?

issue date: october 16, 2009
amount: $10 million
ProgramDetails:

MHDC"First Place" is a Missouri state-sponsored program to assist potential homeowners in purchasing their first home. Pulaski Bank is committed to helping increase homeownership responsibly, through programs like MHDC.
HDCis a loan-program add-on and can be used with any type of Fixed Rate loan: FHA, VAor Conventional. MHDCcan only be used to purchase a home.
Single-Family Homes, Condominiums, and Town Homes are eligible. In some instances Duplexes can qualify.
Contract price for the home sale must be at or below:
Non-Target Area: $258,690
Target $316,177
… (2 comments)

9 Reason Why you Need a Real Estate Professional - 12/08/09 04:30 PM
1. You'll have an expert to guide you through the process. Buying or selling a home usually requires disclosure forms, inspection reports, mortgage documents, insurance policies, deeds, and multi-page settlement statements. A knowledgeable expert will help you prepare the best deal, and avoid delays or costly mistakes.2. Get objective information and opinions. REALTORS® can provide local community information on utilities, zoning, schools, and more. They'll also be able to provide objective information about each property. A professional will be able to help you answer these two important questions: Will the property provide the environment I want for a home or investment? … (1 comments)