Monday, August 23, 2010

Meet Mini...A very affordable option in Tower Grove South


















I am sure you all feel that naming the houses is a little "campy" or strange. I myself, find it to be not too much of a stretch. What I mean by that is this...Every house has a personality and person to fit each of its characteristics and flaws. Houses and neighborhoods can have a soul. Neighborhoods are given a soul by its residents, parks and businesses. Houses change over time and almost always carry traces of their previous tenants with them.

I decided to call this house Mini because  architecturally it's a Mini Castle bungalow. Mini Castles tend to be my favorite bungalow style. While they are not quite as intriguing as the Gingerbread from the outside, they are way sexier, to me on the inside. Minis have awesome floor plans, are usually more spacious and have rockin' ceiling height. The tall ceilings make them look VERY much LARGER and allow for more decorating options.

This mini, the Mini was part of an estate. The house was relatively in good shape but, a whole lot of ugly. On the interior it was 1970's glam.  She had mirrored walls with gold veins running through them, powder blue plastic bathroom, ugly carpet and the trim in some places had been removed. Not many buyers these days appreciate that kind of style. So, needles to say Stärke will be renovating this gal from top to bottom and then try to find her a new owner. Could it be you?

Thursday, August 19, 2010

Been Looking for those hard to find replacement parts for your historic home?

Recently, I moved...Needless to say that twice in less than 2 years was a bit much for this girl. I definitely have a new found sense of empathy for my clients who are moving. After my divorce, I suddenly found myself with little, or no furniture. Determined this time around to find pieces that I really loved, instead of microfiber crap I headed to Cherokee Street. Cherokee street has tons and tons of antiques and vintage items. While purchasing a white marble side table I found tons and tons of Stain glass windows, door knobs, doors and more. If you are looking for that hard to replace vintage door knob, hinge or glass window head on over to Cherokee. Remember, these shop owners are used to bargaining. Never pay full price just on principal! :)

Monday, August 16, 2010

Meet Mimi, our newest Tower Grove South Stunner

P1010912C

Mimi, is one of Stärke's newest acquisitions. This little bungalow was found quite by accident, but was too good of a deal to pass up. Shortly after making an offer on Mini, (whom you will meet in the the next blog) Mimi dropped in our lap. Usually, the owner of  Stärke, my broker, myself, other agents and anyone else who wants to help out goes to view HUD homes, foreclosures, read emails from wholesalers, make phone calls and drive up and down the street to find good houses. This time, things were much simpler, a letter came in the mail. Stärke's owner received it because he has bought other distressed properties in the area. Somehow, a wholesaler from California had gotten his home address from tax records and asked if he wanted to buy Mimi. I was skeptical, as an agent I get letters like this all the time and more often than not they just want you to buy a membership to their awesome list. At the urging of my client I made the call. The next day we were viewing the home. Mimi is on a wonderful block, had newer systems and was even habitable in it's current condition. What was even better, that as far as we know we weren't in competition with other rehabbers. Closing went smoothly and she is currently begin rehabbed. Mimi and Mini will be the subjects of quite a few more blogs. Follow these wonderful houses all the way to their sale.

Thursday, August 5, 2010

The Darth Vader of Real Estate

Bidding on, securing, closing and rehabbing foreclosure properties aren't the only challenges that agents and rehabbers face. Getting in to view these properties often poses problems as well. I have what I like to call a survival kit for foreclosures: Heavy Mag Flashlight with LED guts (much brighter), Screwdriver, Cell Phone (for emergency calls) and often times a Vent mask/Respirator. The last item that was listed, the vent mask is the most important for me. I am deathly allergic to mold and often times foreclosures are crawling with it. What happens is this: 1.the house sits vacant 2. thieves steal the copper 3. thieves don't turn off the water before stealing plumbing and finally, 4.mold grows all over the place. Most foreclosure agents and banks NOW make people aware of the presence mold and you have to sign a waiver to view the property. When I have to sign one of these waivers, I borrow the mask from Leo at Starke go right in.



Funny thing is, mold isn't the only thing that you have to get the mask for. Sometimes, dirty people live in the houses and just don't take care of things. Starke's new little gingerbread in Tower Grove South "Mimi", had a smell that we just couldn't find the source of upon initial inspection. Well, he did find the smell after purchase, and it was the fridge. Needless to say, he had to use the vent mask to clean it out. I had a friend that helped clean up Katrina and she was told, "Whatever you do DON'T OPEN THE FRIDGE. You know what people do when they are told "don't"? Someone always DOES.

The fridge is now cleaned out, and has been removed from Mimi. Shortly after that the entire kitchen was removed. More to come on that!