investment property: Mortgage Industry News - May 14, 2008 - 05/14/08 02:59 PM
The following was submitted by my loan officer, Dennis Horman, with Fidelity Mortgage Capital:
"Citigroup announces $400 billion is on the block.
Citigroup the banking icon said it will eliminate non-core businesses over the next two to three years.  Its CEO (Pandit) said it is all about getting fit in the financial world.On Friday May the 9th the beleaguered banking icon said it will unload $400 billion in assets over the next few years as it aims to try and reinvigorate itself. The announcement came during a company investor and analyst conference.
Pandit announced that divisions that had not been producing … (1 comments)

investment property: New Prices on Two St Louis City Homes - 05/08/08 05:53 AM
I've just secured new list prices on two homes in St louis City!
The first one is 3406 Dunnica Ave.  We are now at $70,000 for this really cute South City Bungalow located just a block from new construction and all the South Grand redevelopment.  For more information, please visit: www.3406DunnicaAve.com
This adorable cottage is located close to everything & just waiting for the new buyer. This one has lots of updates. During their ownership, the sellers have: installed a new roof & replaced some decking; installed a new bathtub & tub surround, vanity, and lighting; refinished the pine floors in the livingroom, hallway … (0 comments)

investment property: "Green" Townhome In Tower Grove South Sells! - 05/07/08 01:41 PM
A new construction townhome (3327 Gustine, 63116) was recorded as "SOLD" in the MLS last week.  It's located at the corner of McDonald and Gustine in Tower Grove South, the neighborhood in which I live.  This is exciting, as I have been watching the progress on this one since last autumn - it was listed as Pending since September 13, 2007.  It was listed at $319,900 and sold for $324,500.  The sales had slowed in the neighborhood, so hopefully this will get things moving again...
This was a 6 room, 3 bedroom, 2.5 bath, 2 car garage townhome - certified "Green" construction - meaning … (1 comments)

investment property: CRS Book Advertising Update Time - 05/07/08 03:41 AM
For all you CRS designation holders out there - I would appreciate your opinions...
I just received the email from the Council of Residential Specialists about updating our profiles and ordering advertising space in the 2009 CRS Membership Freferral Directoryy and Online Directory.  I've always just had the standard listing in the book (free), but am considering adding a picture box ($150 and another $100 for the online listing).  In the Saint Louis, Missouri Pages of the 2008 CRS Membership Referral Directory, there are 17 Picture listings out of at least 100 listings. 
If you have a picture listing in the CRS Referral Directory, do you feel … (2 comments)

investment property: Today in St Louis - April 23, 2008 - 04/23/08 02:53 PM
It was downright warm today.  I broke down and used the air conditioning in the car on the way to an appointment - I didn't want to sweat through my shirt.  Don't get me wrong, I love warm weather, but today seemed more like early summer than spring...
This evening before dark I tried to work in the front flower beds for a while, but the mosquitos are already out and were chewing me to pieces - and it's just April.  I hoped with the cold winter we had would have killed many of them off, but no such luck.  Off to … (1 comments)

investment property: My Career of Real Estate Sales in St Louis - Tim Tanz, Realtor - 04/22/08 01:45 PM
I went on a listing appointment this evening, and I knew the seller would have questions about my sales career in real estate; so this afternoon I sat down and compiled a list of all the homes I have sold since I became a Realtor in 1997.  I've been wanting to do this for a while, to include in my listing packet; today seemed as good a day as any to work on it.  So, here is the list:
2008:1946 San Miguel Ct, Fenton MO 63026 - $155,000 - Buyer3418 Grace Ave, St Louis MO 63116 - $138,000 - Buyer4647 Ray Ave, St … (0 comments)

investment property: Today in St Louis - April 21, 2008 - 04/21/08 03:08 PM
This evening we went bike riding over at Horseshoe Lake in Illinois.  It's just right across the Mississippi River from St Louis.  We're just getting into the biking thing, and I don't really like it when the trails are overcrowded.  It was great.  We passed people fishing on the lake, but the bike trail wasn't heavily travelled this evening.  It's a fairly flat trail, too, so it was a nice ride.  We travelled over 10 miles in a little over an hour.  My legs weren't as tired as my rear end - and we've got padded seats, too...
The trail we rode on is part of … (1 comments)

investment property: Citigroup, The Nation's Largest Bank, Showing Losses - 04/21/08 01:45 PM
The following article was provided by Dennis Horman, Senior Mortgage Consultant with Fidelity Mortgage Capital:
"First quarter of 2008 for Citigroup, results in $5.1 billion loss after hefty write-downs.
During the first quarter Citigroup, Inc. lost $5.1 billion and will eliminate 9,000 more jobs.
The write downs related to mortgages and turmoil in the credit markets reached approximately $12 billion, and costs stemming from consumers' credit problems passed the $3 billion mark.  Gary Crittenden the chief financial officer said that in seeking to cut costs, the company is eliminating about 9,000 additional jobs, bringing there total job cuts to about 13,200 since the first of 2008.
This … (1 comments)

investment property: April 19, 2007 - 17 Year Anniversary - 04/20/08 04:02 AM
Yesterday, Saturday April 19, was a milestone in our lives.  We celebrated our anniversary of 17 years together.  I know many people don't want to hear about it - a gay couple celebrating their anniversary -  but I am proud that Dennis and I have made it this long.  And part of blogging is letting others know what is going on in our lives...  We have made it longer than any of the "straight" marriages of any of our siblings.  It hasn't always been easy either, we struggle at times like any other couple, but we're still here.  We like to … (17 comments)

investment property: New Price on Cute Holly Hills Ranch - 04/20/08 03:27 AM
We've just secured a price adjustment on 6409 Lavernell Ct.  We are now listed at $169,900. 
They don't come much cuter that this Holly Hills ranch & the location doesn't get much better, either - a cul-de-sac street within walking distance of Carondelet Park. The covered front porch welcomes you into the livingroom with ceramic tile entry. The large eat-in kitchen is bright & clean, with wood cabinets & the refrigerator stays. 3 bedrooms & bath complete the 1st floor. If you like entertaining, the finished basement is for you! It features a wet bar that comfortably seats 4.  A full … (0 comments)

investment property: Weekly Condo/Loft Market Report - City of St Louis - April 19, 2008 - 04/20/08 03:02 AM
Following is the Weekly Condo/Loft Market Report for the City of St Louis.  These statistics were gathered from the local Multiple Listing Service:
There are 859 total Active listings.
37 listings Sold in the last 30 days.
The average Days on Market (DOM) was 197.
There were 33 new Active listings on the market this past week, with List prices ranging from $35,000 to $535,000.
10 listings went under contract (Contingent/Option), with List prices ranging from $157,000 to $469,900.
17 listings went Pending, with List prices ranging from $12,000 to $451,900.
6 listings Sold, with Sold prices ranging from $95,000 to $401,500.
8 listings Expired, with List prices ranging … (0 comments)

investment property: Weekly Single Family Home Market Report - City of St Louis - April 19, 2008 - 04/20/08 02:40 AM
Following is the weekly Single Family Home Market Report for the City of St Louis (Areas 1,2,3).  These statistics were gathered from the local Multiple Listing Service:
There are 1827 total Active listings on the market.
178 listings Sold in the last 30 days.
The average days on the market (DOM) was 115.
There are 122 new Active listings this past week, with List prices ranging from $11,500 to $1,389,000.
36 listings went under contract (Contingent/Option), with List prices ranging from $30,000 to $939,000.
76 listings went Pending, with List prices ranging from $9,900 to $339,900.
44 listings Sold, with Sold prices ranging from $5,500 to $405,000.
51 listings … (1 comments)

investment property: Grand South Grand House and Garden Tour - 04/16/08 03:38 PM
This weekend hosts the Grand South Grand House and Garden Tour.  It is being held from 11 am to 5 pm on Saturday and Sunday.  This tour features homes in the Compton Heights, Tower Grove East, Shaw, Tower Grove Heights and Compton Hill Reservoir Square neighborhoods. 
Tickets are $15 in advance and $18 the day of the tour.  Tickets can be purchased at Gringo Jones Imports, Botanicals Design Studio, the Missouri Botanical Garden's Garden Gate Gift Shop or over the phone at 314-773-4844. 
Tours will begin in Tower Grove Park at the South Grand Boulevard Entrance.  The Compton Hill Water Tower … (0 comments)

investment property: Today in St Louis - April 15, 2008 - 04/15/08 02:21 PM
The dreaded tax day has come and gone.  I find it interesting that some people (like me) worry about getting everything turned in on time and paying what's owed while others don't file at all.  I had a closing last week with a buyer who hadn't filed his last three years of taxes.  In order to close on the deal, he had to cash out stock and pay cash for the home.  He couldn't understand why he couldn't get a loan, and he wasn't willing to get his taxes completed.  I guess his capital gains penalty wasn't as much as the … (0 comments)

investment property: Washington Mutual Makes Big Announcement - 04/13/08 04:14 AM
The following comes from a loan officer friend of mine:
Washington Mutual makes big announcement!!
On Tuesday, Washington Mutual announced it is closing all 184 of it stand alone home loan centers across the country.  In the process they will lay off 3,000 employees.  They will also stop making loans through mortgage brokers and focus their efforts on the 2,500 bank and small lending centers they have.
At the same time Washington Mutual, the largest US Savings and Loan, got a $7 billion dollar infusion from a group of investors led by David Bonderman's TPG Inc.  They got this after loses from the Sub … (1 comments)

investment property: Weekly Condo/Loft Market Report - City of St Louis - April 11, 2008 - 04/12/08 12:36 PM
Following is the weekly market report for single family residential homes in the city of St Louis (Areas 1,2,3).  These statistics were gathered from the local Multiple Listing Service:
We had 845 total Active listings.
41 listings Sold in the past 30 days.
Our average days on market (DOM) was 164.
There were 60 new Active listings on the market, with List prices ranging from $44,900 to $575,000.
9 listings went under contract (Contingent/Option), with List prices ranging from $149,900 to $337,500.
16 listings went Pending, with List prices ranging from $79,900 to $395,000.
Only 6 listings Sold, with Sold prices ranging from $65,589 to $317,000.
50 listings Expired, … (0 comments)

investment property: Weekly Single Family Home Market Report - City of St Louis - April 11, 2008 - 04/12/08 12:19 PM
Following is the weekly market report for single family residential homes in the city of St Louis (Areas 1,2,3).  These statistics were gathered from the local Multiple Listing Service:
We have 1803 total Active listings.
179 listings Sold in the last 30 days.
Our average days on market (DOM) is 116.
There were 148 new Active listings, with List prices ranging from $19,000 to $1,899,000.
43 listings went under contact (Contingent/Option), with List prices ranging from $24,900 to $465,000.
81 listings went Pending, with List prices ranging from $14,900 to $430,000.
35 listings Sold, with Sold prices ranging from $8,500 to $359,450.
57 listings Expired, with List prices ranging … (0 comments)

investment property: New Price on Stunning Tower Grove Heights Home - 04/12/08 04:09 AM
We've just secured a price adjustment on this stunning home in Tower Grove Heights.  For more information and virtual tour, please visit: http://www.3881mcdonaldave.com/.
This jewel in Tower Grove Heights is a stunning mix of original features & modern design. Richly detailed fireplace mantels, beautiful working pocket doors, transom windows, elaborate wrought-iron vents, & original molding throughout, plus major updates! Gleaming new floors throughout use rich, gorgeous brazilian walnut. Loads of storage space and closets. Huge spa-quality master bathroom with claw-foot tub, two sinks, walk-in shower, and walk-out deck. Custom cherry cabinets and stainless appliances in the gourmet kitchen, designer shelving in pantry and … (0 comments)

investment property: Today in St Louis - April 8, 2008 - 04/08/08 02:27 PM
We've just secured a price adjustment on my listing at 3406 Dunnica Ave.  We are now listed at $74,900.  In addition to paying for a home warranty, the seller is also including the washer and dryer, and the lawnmower.  For more information on this cute home located a block from Keystone Place, and new construction, please visit:  www.3406DunnicaAve.com.
On another note, I'm still trying to get my deal on San Miguel to close.  It was supposed to close last Friday, then tomorrow; now we're shooting for this Friday.  All I can say is the sellers have been very patient with us so … (1 comments)

investment property: Weekly Condo/Loft Market Report - City of St Louis - April 4, 2008 - 04/08/08 01:52 PM
Following is the weekly market report for single family homes in the City of St Louis (areas 1,2,3).  These statistics were gathered from the local Multiple Listing Service:
There were 831 total Active lisings on the market.  The average days on market was 209.
There were 26 new Active listings on the market, with List prices ranging from $99,000 to $539,000.
11 listings went under contract (Contingent/Option), with List prices ranging from $129,900 to $324,900.
16 listings went Pending, with List prices ranging from $19,900 to $878,000.
15 listings Sold, with Sold prices ranging from $85,000 to $567,500.
27 listings Expired, with List prices ranging from $79,900 … (0 comments)

 
Tim Tanz, St Louis Real Estate (Platinum Realty) Rainmaker large

Tim Tanz

St Louis Real Estate

Saint Louis, MO

More about me…

Platinum Realty

Address: 1034 S Brentwood Blvd, Suite 750, St. Louis , MO, 63117

Mobile: (314) 974-4886

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Postings by Tim Tanz, a Realtor in Saint Louis, Missouri. I am a Certified Residential Specialist (CRS), Accredited Buyer's Representative (ABR), and GRI (Graduate, Realtor Institute). Missouri State Licensee. I have been representing home buyers and home sellers since 1997. I am an experienced Realtor in both St Louis City and St Louis County. Google+ Tim Tanz
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