Calendar of Events - January

Friday, January 1
21st Annual New Year’s Day KATY Trail Ride
11 a.m.
Defiance, MO
Sponsored by Trailnet. An enthusiastic group of bicyclists have started each New Year with a bike ride on the KATY Trail. Join them this year for the 21st Annual New Year’s Day KATY Trail Ride. The group will leave from the KATY Trailhead in Defiance at 11:00 am and ride to Augusta (7 miles). They will stop for lunch upon their return to Defiance, depending on restaurant availability. Please dress in layers and wear a helmet.

Sunday, January 3
St. Louis’ Best Bridal Show
St. Charles Convention Center
Noon-4 p.m.
The bridal fashion show features elegant and popular wedding dresses, gifts, appetizers, drinks, music and wedding planners.
$5
For more information, go to http://shows.stlouisbestbridal.com/ or call 314-744-5777

Saturday, January 9-Sunday, January 31
Eagle Days
Various locations
Events include live eagle programs, activities, exhibits, video, guides with spotting scopes and refreshments.
For details go to the Missouri Department of Conservation and download the Eagle Days brochure, or call 573/751-4115 ext. 3289

Saturday, January 9-10
Snowflake Making
The Magic House, Kirkwood, MO
Saturday, 10:00-5:00 Workshop
Sunday, 11:30-5:00 Workshop
Let it snow with artist Marion Nichols as she shares the unique art of cutting paper into intricate snowflakes. Join the blizzard of activity in the museum’s Expericenter to discover how to snip fantastic flakes of your own designs. A former preschool art teacher, Marion Nichols is renowned for transforming ordinary sheets of paper into delicate snowflake patterns, and is the author of several books on the subject.
Info at the Magic House or call 314-822-8900

Friday, January 15-Sunday, January 17
St. Charles Boat Show, Sale and Fisherman’s Expo
St. Charles Convention Center
Friday, 1-9 p.m.; Saturday, 10 a.m.-8 p.m.; Sunday, 10 a.m.-4 p.m.
Boat dealers showcase their new, non-current and pre-owned boats, plus all things fishing, including tackle, rods, reels, boating accessories. Family fun for young anglers, seminars and speakers, and boating safety by the U.S. Coast Guard Auxiliary.
Regular Admission - $6.00 / Ages 6-15 $3.00. 5 & Under Free
On Friday, seniors age 60 and above admitted for $3.50
Info at http://www.letsgoshows.com/

Saturday January 23
Winter Wildlife Tracking-Learn from the experts
St. Charles Park District
Pottawatomie Community Center, 8 North Ave.
9 a.m.-noon
You’ll never look at “bare” ground again after this tracking class taught by top experts in the field. Learn how to interpret tracks, tail patterns and scat to identify wildlife. Begin with an interactive indoor class with overview of local fauna and tracking techniques, the outdoors to practice what you’ve learned.
Ages 18 and over. To register, call 630-513-6200.
$10

Saturday, January 30
Fete De Glace (Festival of Ice)
100-200 block of North Main
Watch professional ice carvers bring the art to life in a competition using chain saws, power grinders, sanders, cold chisels, hand saws, and irons from 10am-3pm. This competition is judged and juried by the crowd. Coffee and hot chocolate will be available and nearby fire pits to warm up.
Free

January 31-February 28
The Big Read National Endowment for the Arts
The Big Read is designed to revitalize the role of reading in American public culture.
Foundry Art Centre, 520 N. Main Street
The book chosen for participation is The Adventures of Tom Sawyer by Mark Twain. The Foundry Art Centre and the St. Charles Community College Library sponsor the Big Read in St. Charles City/County and bring the community the power of literature.
For more info call 636-255-0270

$35 million economic development package passed at MHDC

As Chair of the Missouri Housing Development Commission, I am very excited to announce that moments ago we passed a $35 million economic development initiative. This initiative, first unveiled by Governor Jay Nixon and myself on November 24, will provide property tax relief to thousands of qualified middle- and low-income Missouri homebuyers, create and protect potentially thousands of good-paying jobs and help improve energy-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 to bring increased transparency to the housing agency. The package provides:

1. $15 million to pay the first year of property taxes for qualified homebuyers who purchase a new or existing home after January 1, 2010. This has the opportunity to help between 9,000 and 11,000 Missouri families making less than $100,000 a year.
2. $15 million to finance and begin construction on affordable multi-family housing. This will create and save thousands of jobs at a time when Missouri unemployment is over 9% and allow us to continue to make quality affordable housing available to all Missourians.
3. $5 million in assistance to qualified homebuyers to help with down payments and closing costs. This helps potential homebuyers overcome the obstacle of coming up with enough cash for a down payment and closing costs. MHDC has been a national leader on this front.
4. Additional assistance to homebuyers who purchase an energy-efficient home or purchase energy-saving appliances. This is an opportunity to raise energy-efficiency standards in Missouri, making a positive impact on both the economy and the environment. It's a win-win.
   

This economic development package provides property tax relief to thousands of Missourians at a crucial time in our economy without spending Missouri tax dollars. This will be paid for entirely out of MHDC's reserve fund and federal recovery funds already in our possession. This comes in addition to more than $100 million in recovery funds and more than $19 million in reserves already allocated to boost Missouri's economy and put Missourians back to work.
My goal as Chair is to ensure MHDC is playing a pivotal role in Missouri's economic recovery and I believe we are doing that. The agency already offers competitive interest rates on home loans for qualified borrowers and a cash assistance loan plan for first-time homebuyers to help with down payments and closing costs. MHDC has also been a national leader in allowing Missourians to use the $8,000 federal first-time homebuyer tax credit up front for a down payment or closing costs. This program has been a success and will continue until at least April of 2010.

At a time when economic resources are scarce, it is important for you to know that I am constantly looking for new and innovative ways to get our economy moving again as well as ways to better marshal the tools and resources that are available.

One of those tools is the Missouri Linked Deposit Program, which provides low-interest loans to qualified small businesses and family farms. On November 23, I announced the largest-ever small business loan issued through the program. A small agricultural company in Marshall qualified for a $3.4 million loan, which will save the business more than $300,000 over five years compared to the cost of a regular loan. In addition, the loan will allow the company to add jobs and expand its customer base.

Thanks to changes made earlier this year to the Missouri Linked Deposit Program through my Invest in Missouri legislation, I am able to issue these kinds of loans to more small businesses with less turnaround time, allowing them to receive much-needed capital quickly.
Again, this costs Missouri taxpayers nothing. The Missouri Linked Deposit Program allows us to invest right here in Missouri to help small businesses that need it the most and who are playing a pivotal role in our economic recovery.

We have about $200 million in loans already out to small business throughout Missouri and we still have another $520 million available. To find out more about the Missouri Linked Deposit Program, click here.

Regards,

Clint Zweifel
Missouri State Treasurer

Property tax credit will help stimulate more home sales in 2010

A proposal before the Missouri Housing Development Commission would credit up to $1,250 in property taxes for qualified buyers.

Buying a home in Missouri in 2010 looks to include even more incentives for people to enter the housing market. The Missouri Housing Development Commission (MHDC) is considering a proposal to provide up to $1,250 in property tax breaks for qualified buyers. This, on top of the extended first-time buyer $8,000 tax credit and $6,500 for repeat buyers, sets up next year as one of economic stimulation for Missouri.

The property tax break is supported by Gov. Jay Nixon and State Treasurer Clint Zweifel, the MHDC chairperson. This $15 million proposal would be funded from the Commission’s reserve fund. An estimated 9,000-11,000 households could benefit. Show your environmentally friendly side and the commission will provide an extra $500 if the house is energy-efficient or if the buyer can begin energy efficient steps within 60 days of closing. This perk includes improvements like insulation, energy star rated appliances, efficient water heaters and windows.

Income limits do apply, ranging from $58,300 to $98,560.

The big day is Friday, December 18, when commission members vote on the proposal. Because of all these incentives, those thinking about buying a home next year need to set up a planning schedule and begin sprucing up your house for sale. The first step is to analyze your finances, work on getting as big a down payment as possible, and check that credit score. There may be reports on your score that are wrong or fraudulent, reducing your score and the size of loan. By checking now you’ll avoid problems when you are ready to buy.

And, investigate the MHDC to see if you qualify for more assistance. The Commission administers any number of housing programs, from purchasing a home with a First Place loan, assistance for veterans, buying property in disaster areas and home repair grants. Help is out there for homebuyers to realize property ownership.

Written by Myra Vandersall

IRS Sets New Rules for Tax Credit

Daily Real Estate News | December 7, 2009 |

IRS Sets New Rules for Tax Credit
The IRS has spelled out guidelines for eligibility for the home buyer credit when co-borrowers purchase a property.

When a home-owning parent of an adult child co-signs for a mortgage and both names appear on the note, the IRS says that under some circumstances, the first-time home buyer can qualify for the whole amount.

The IRS says the parent doesn't qualify for any portion of the credit, but if the child hasn't owned a home during the three years preceding the current purchase and can qualify based on income, he or she can be allocated the entire $8,000 credit.

When unmarried individuals co-purchase a home and only one of them is eligible for the credit, then the full $8,000 can be allocated to the eligible buyer.

Source: Washington Post Writers Group, Kenneth R. Harney (12/04/2009)

Holiday Light Display

Holiday light displays make the season bright and glitzy
St. Charles County is one of the most lighted up communities during the holidays. Add the traditional lights in St. Louis, and families can see stars every evening. Here are a few to enjoy.

O’Fallon
Celebration of Lights, Fort Zumwalt Park
Through December 30 (closed December 24 and 25)
This drive-through holiday light display held at Fort Zumwalt Park. Each scene is designed and funded by local organizations, churches and businesses. Started in 1991, the event attracts more than 8,000 vehicles each year and more than 5,000 individuals on walk-through night.
Sunday, Tuesday - Thursday 6:30 - 9:00 p.m.
Friday and Saturday 6:30 - 10:00 p.m.
$9/ vehicle - $15/large (15 passenger) van - $1 per person/ bus ($25 min.)
Tuesdays - $7 for cars, vans and non-commercial vehicles
$1 off any regular admission with canned food or toy donation (not valid on Tuesdays)
Closed to vehicle traffic on Mondays for train rides by advance reservation only To make a train reservation, call 636-379-5502.

Carriage rides are available too with advanced reservations. Call Carousel Farms and Carriage Company at 636-390-4403.

Sleigh rides are another way of seeing the lights. Reservations are a must. Call 636-379-5502.

After enjoying the Celebration of Lights, save your program! Presenting your program at participating O'Fallon businesses qualifies you for great discounts. For detailed information, go the Celebration of Lights website.

Wentzville
Holiday Night Lights
Rotary Park, Foristell
Through December 27
6:00 to 10:00 p.m.
Price: $8 per car or $1 per person per bus or van over 7 people
The City of Wentzville Parks & Recreation Department will present the 13th Annual Holiday Night Lights at Rotary Park. This one-mile drive-through display features more that 36 themed lighted displays and 500,000 lights. For detailed information go to the City of Wentzville’s website or call 636-332-9236.

Alton
Christmas Wonderland
Rock Spring Park on College Avenue, off Washington Avenue
Through December 27
Monday-Friday, 6-9 p.m.
Saturday-Sunday, 5-9 p.m.
Price-$7 for cars and small vans
$1 per person for 10+ passenger vehicles
Hear the sleigh bells jingle and see three million lights twinkle amongst a beautiful backdrop at Rock Spring Park's Christmas Wonderland. Visitors can turn off their headlights and let the holiday displays carry them through the magical scene. Or, make the night even more memorable with a horse drawn carriage ride through the park. Carriage rides are first-come, first-served on Saturdays and Sundays. Other evenings may be possible upon request. For carriage ride reservations, call Greatting Horse Farm at 618-458-6986.
For more information about the event, call 866-465-7890 or go to visitalton.com.

St. Louis County
Winter Wonderland
Tilles Park
9551 Litzsinger Road, St. Louis
Price-$9.00 Family vehicle; $10.00 Limousine; $30.00 Commercial transport van; $75.00 tour bus
Through January 3 (Closed Christmas Eve and New Year’s Eve)
5:30-9:30 p.m.
Saturdays are closed to vehicular traffic and reserved for carriage rides.
St. Louis County Parks is celebrating our 24th year of Winter Wonderland! Winter Wonderland is created and designed by St. Louis County Parks employees. We hope you enjoy your drive through Winter Wonderland.

Horse drawn carriage rides are available every night except Christmas Eve and New Year’s Eve. Advanced reservations are required for all carriage rides and ticket prices vary depending on type of carriage and number in party.
Purchase tickets online at MetroTix.

St. Louis
Wild Lights: St. Louis Zoo in Forest Park
December 11-13, 18-23, 26-30
5:30 to 8:30 p.m.
Price-$4 for Zoo Friends members (no passes)
$5 for general public
Free for children under two
Stroll through the Saint Louis Zoo's enchanting holiday wonderland and enjoy hundreds of thousands of colorful lights, animated light displays and seasonal sounds, including penguins in paradise, flamingo lagoon and butterfly garden, shooting stars and a gingerbread village. For more information, go to stlzoo.org or call 314-781-0900.



St. Louis City
Anheuser-Busch Brewery Christmas Lights Display

Through January 2
Location: Anheuser-Busch Brewery
After sunset
Free
The display features over 800,000 lights that adorn a magnificent tree, the Bevo Plant, Pestalozzi Street and surrounding landscape of the nation's largest brewery. Light-tour lovers can drive or stroll on Broadway, Lynch, Arsenal, and 12th to admire the spectacular sparkle of the Christmas spirit.
For more information call: 314-577-2000

Do you know of a Light Display in the area? Please share in our comment box!

Stop Missouri Double Taxation on real estate and say Yes to a new constitutional amendment and log on to YesToSaveHomes.com.

Let’s stop Missouri politicians from penalizing homeowners and buyers

Missouri is one of 13 states that does not levy a transfer tax on home sales, and a coalition of property owners, businesses and the Missouri Association of REALTORS™ want to keep it that way.

The group sees transfer taxes as double taxation because Missourians already pay property taxes on real estate. A petition drive and a website have been created to help homeowners and potential buyers reach lawmakers who have the power to levy such a tax.

To place a state constitutional amendment on the November 2010 ballot to prohibit Missouri lawmakers from passing the tax initiative, the group needs more than 157,000 valid signatures. To make voters more aware of this issue, a new website, www.YesToSaveHomes.com is now online to help consumers learn more about the tax, calculate the tax based on the home’s sale price, and get involved.

Here’s the simple and straightforward proposal: “Shall the Missouri Constitution be amended to prevent the state, counties and other political subdivisions from imposing any new tax, including a sales tax, on the sale or transfer of homes or any other real estate?”

As an example, here’s a calculation on a St. Charles County home sale. The home sold for $150,000 and at the St. Charles County taxation rate of 7.0750%, the amount would be an additional $10,612.50.* Jane Mendenhall, president-elect of the Missouri Association of Realtors, believes the transfer tax places undue stress on low-income Missourians who typically spend a larger percentage of income on their home.

Add the mix of Missourians who have lost their jobs, had pay cuts and have been forced to sell their homes or experienced a drop in property values, and the transfer tax just isn’t good for the recovering Missouri economy.

Legislators are looking around to fine new sources of revenue. The transfer tax is one of those sources politicians are eyeing. With the help of voters and homebuyers, the transfer tax will not be an additional burden on Missouri residents.

* This number is based on area percentages.

Written by Myra Vandersall

Your holiday cheer doesen't have to go up in smoke

Careful preparations and common sense will make this season a fire-free, happy holiday for your family.

Keeping your family safe during the holidays is top priority so that all can enjoy the lights, the glitter and the sights of the season. Seasonal fires claim more than 400 lives, 1,650 injured and more than $990 million in property damage.

Here are some simple tips that don’t take much time but will make your family fun last.

• Make a plan. You should do this anyway, so sit down as a family and discuss who is in charge of what should you have to evacuate the house. Using a floor plan, identify two ways out of each room and agree on a place to meet once you have evacuated. The National Fire Protection Association has a great floor plan to download that you can customize for your home.
• Choose a tree. Choose a tree that is fresh and green. Branches should be hard to pull back and the needles will not shed. Test for a sticky trunk and always have the tree lot person make a fresh cut at the bottom of the trunk. Trees are very thirsty.
• Water your tree. A tree will absorb as much as a gallon of water or more in the 24 hours after it is cut, and one or more quarts every day after. Maintaining a steady water level prevents the needles from drying out and dropping off and the boughs from drooping. Water will also keep the tree fragrant. Do not allow the water pan to empty or go below the tree base.
• Let there be lights. Part of the Christmas tradition is all glitter and lights. Don’t try to skimp by with old, frayed light strings or broken sockets. Should these catch on fire, you’ll be spending more than you could ever believe. LED lights are in now and use 90% less electricity than regular Christmas lights, reducing your impact on the environment. Up front, these lights are more expensive but over a period of years, they more than pay for themselves.
• Plug ‘em in. Overloading a wall outlet is not a good idea. Purchase some surge protectors and plug your strands of lights in there first, and the surge protector into the wall. Turn the lights off when you retire for the night.
• Candle light. The glow of candle light makes the holiday warm, but candles should be attended at all times and not left burning if you leave the house. Fireplaces are the same, and refrain from burning wrapping paper in the fireplace. Sparks could ignite and fly on to flammable materials.
• DO have a wonderful holiday season. With just a few precautions, your family will be safe, happy and warm.

Written by Myra Vandersall

Calendar of Events

December 2009 Calendar of Events 11.30.09


Ongoing through Saturday, December 26
St. Charles Christmas Traditions
Christmas gets that much better with the historic celebrations on Main Street. Shops open their doors with special holiday gift ideas, Victorian carolers roam the streets singing traditional songs of the season while the Legendary Christmas Characters tell of Christmas lore past. Ice skating at Frontier Park, carriage rides and Santas abound. For full schedule, go to the St. Charles Christmas website.

Friday, December 4
VFW Fish Fry
VFW Post 2866, 66 VFW Lane
3-8 p.m.
Tired of turkey? Try the catfish, walleye, crappie, cod, fried chicken and shrimp dinners at the VFW. Sandwiches are a reasonable $5.50 and plates go for $8.00.

Fridays, December 4 and 11
Augusta’s 26th Annual Christmas Candlelight Walk
5-10 p.m.
Tour this charming river town during the holiday season for a wide variety of food, wine, live music performances, shopping and holiday experiences. Augusta will be lighted with luminaries to show the way. View an old-fashioned cedar Christmas tree hung with antique ornaments, popcorn strings, gingerbread figures. The Ebenezer United Church of Christ hosts a Christmas carol sing-a-long from 7-9p.m. For more information, go to the Augusta Chamber of Commerce website.

Saturday, December 5
Las Posadas
6 p.m.
Begins on South Main Street and ends in Frontier Park
Beautiful re-enactment of the Spanish tradition of Las Posadas (the Inns) with Mary and Joseph looking for shelter as the proceed down South Main with thousands of visitors carrying luminaries and sing carols. The Christmas story is told in Frontier Park, the Christmas trees is lit and carols are sung around the Yule log bonfire.

Saturday, December 12
St. Charles West Warrior Bands 24th Annual Arts and Crafts Fair
St. Charles West High School Drive, 3601 Droste Rd.
150 crafters, homemade cookies, attendance prizes and concession stand
Free

Friday, December 18–Sunday, December 20
Scrooge, The Stingiest Man In Town
7 p.m. Friday and Saturday, 2 p.m. matinee Saturday and Sunday
Donald D. Shook Fine Arts Building Theater, St. Charles Community College campus,
4601 Mid Rivers Mall Dr. Cottleville
The Young People’s Theatre of St. Charles Community College presents this traditional musical production of Christmas past, present and future. Area St. Charles County youth are highlighted in this production
$7 for general admission, $6 for students/seniors.


Saturday, December 19, 2009

Candlelight Concert
6 pm - 8 pm
 First Missouri Capitol State Historic Site, 200-216 S. Main Street
"Papa and Jackie Wright" will narrate and perform "The History of Christmas Music" in this candlelight concert. This warm holiday show with marimbas, drums, and various instruments will leave you with the holiday spirit. Lit entirely by candles, the concert is held in the legislative chambers.
$6. Reservations are needed
For more information call 636-940-3322

Cort Schneider installed as Treasurer for the St. Charles County Association of Realtors

2010 SCCAR Officers


Cort Schneider was inducted as Treasurer of St. Charles Association of Realtors at Whitmoor Country Club last Friday evening.

Holiday Traditions in St. Charles

St. Charles is in the news again, this time in the AAA Midwest Traveler Magazine. Our holiday festivities, Christmas Traditions, is prominently featured in the November/December issue. To read the feature story, go to http://www.ouraaa.com/traveler/mid/2009/11/tank.html
This joyous season kicks off with opening ceremonies on Friday, November 27, at 11 a.m. at Kister Park. Santa and Mrs. Santa arrive in a horse drawn carriage, escorted by the Lewis and Clark Fife and Drum Corps and the Legends of Christmas.

To learn more about our premier event, go to www.stcharleschristmas.com
SCHNEIDER Real Estate and our agents are so very proud of our volunteers, the South Main Preservation Society, the St. Charles Convention and Visitors Bureau and the St. Charles Special Business District for showcasing St. Charles as a great place to visit and live.

Written by Myra Vandersall

Tax Credit is Extended

Good news all around today–the $8,000 tax credit for first time homebuyers has been extended to June 30, 2010. This action will encourage a robust housing market in the first quarter of 2010 and affect home prices.

The legislation also includes a $6,500 tax credit for people who currently own a home and want to buy up. Qualifications are owning and occupying a home for at least five of the past eight years. Buyers must have a signed contract in hand by April 30 and close by June 30.
And, the income limit has been increased too. The ceiling for single buyer income is now $125,000 and for married couples $225,000. Increasing the income limit will stimulate more purchases of pricier properties.

Merle Schneider, co-owner/broker and vice president of operations for SCHNEIDER Real Estate, is very optimistic about the future of the St. Charles housing market. “These new tax credits will encourage potential buyers who weren’t quite ready to purchase take another look around at properties in St. Charles.

“The first tax credit, which helped more than 400,000 homebuyers, is a success and now gives confidence to more homebuyers. This comes at a great time, ready for the spring 2010 buying and selling season.”

More positive indicators were released this week. Grant Hickman, a real estate expert with SCHNEIDER, notes that existing homes sales are up 9.4% in September, and pending home sales are also up, 6.1% in September. “These findings by the National Association of Realtors are exciting,” he says.

“We are making progress toward recovery. With the tax credit extension, inclusion of current homeowners, and the income increase, more buyers will see what a bargain St. Charles County is. We have a great atmosphere, excellent services and a wide range of housing stock. This week’s government actions will serve our area very well.”

Written by Myra Vandersall

Calendar of Events

Month of November
Native American Heritage Month
St. Charles Community College celebrates Native American Heritage Month Festivities with concerts, documentary films, panel discussions, and a luncheon event, “The True Story of the First Thanksgiving.
For schedule, go to www.stchas.edu
Or call 636-922-8544 FREE

Wednesday, November 4
Medicare Update 2010
10-11 a.m.
Progress West HealthCare Center Community Room
CLAIM is a Medicare and insurance counseling program that provides free confidential and unbiased counseling. Learn changes in Medicare for 2010, how to access services, Medicare Part D. To register, call 636-344-2273.

Tuesday, November 10
Back In Time: Explore History
St. Charles :Les Petites Cotes
7 p.m.
Kathryn Linnemann Branch, St. Charles City-County Library Don and Dianna Graveman will discuss and sign their new book. In 1769, French Canadian fur trader Louis Blanchette built a cabin on the Missouri River in what is today St. Charles. He called the settlement Les Petites Côtes, or the little hills. Today St. Charles hosts many annual events to celebrate its history and transport visitors to the past.

Wednesday, November 11
Veterans Day Memorial Service
11:00 AM
At the Veterans' Memorial at Bishops Landing along the riverfront.

Wednesday, November 11
THANK YOU, VETERANS!
McClay Branch, St. Charles City-County Library
10:00-2:00 p.m. Honor the veterans who have served or are serving in our Armed Forces. Make a thank-you card for a veteran and enjoy coffee and doughnuts. Supported by the Friends of the Library.

November 27-December 26
St. Charles Christmas Traditions
Historic South Main Street
Opening ceremonies at 11 a.m. at the Gazebo at 400 S. Main Street (Kister Park) with Santa’s arrival and hanging of the greens.

Holiday festivities include Santa Parade every Saturday and Sunday at 1:30 p.m., carolers, special shop hours, ice skating, fife and drum corps, carriage ride

November 27-December 30
Celebration of Lights
Fort Zumwalt Park, O’Fallon
Hours: Sunday, Tuesday-Thursday 6:30pm-9pm & Friday and Saturday from 6:30pm-10pm
Holiday light display of more than 1 million lights and a 1-mile display of holiday scenes.

First-time homebuyers are looking at the real possibility of a tax credit extension into 2010

Lawmakers are also considering tax credits for repeat buyers to enhance local economies

With the first-time homebuyer $8,000 tax credit set to expire at the end of November, both the Senate and House of Representatives are busy working through agreements to extend this popular program, and keep in place the loan limit for U.S.-backed mortgages at $729,750 for two years, thereby holding down interest rates.

More than 1.4 million first-time buyers have benefited from the $8,000 tax credit and that incentive helped to increase home sales in St. Charles County by 10.6% this September, compared to a year ago. St. Louis County saw an increase of 5.8% during the same period. The median home price has declined during the same time frame, by 3.4% in St. Charles County and 0.7% in St. Louis County.

To keep the up tick in housing sales going, legislators are trying to extend the tax credit incentive through June of 2010 for homebuyers who have a contract on a house by the end of April. Also proposed is up to $6,500 in tax credits for repeat buyers who have owned their home for at least five years, and an income increase to $125,000 a year for individuals and $225,000 for couples.

The Senate is expected to look at the extended tax credits next week (it’s been bundled with legislation to extend unemployment insurance) and then the House will have it’s chance to pass the legislation.

Without a doubt, the tax credits, decreased interest rates, various home ownership program assistance have helped countless qualified buyers purchase a home, and have provided more jobs for Americans in desperate need of jobs.

No doubt, this has been a rough patch for our citizens, our economy and our state of being. With extended housing incentives, we’ll be that much further to recovery and a positive outlook.

Putting your yard “to bed” in October means less work in the spring

Taking good care of your lawn at the end of the season makes good sense

While it may not be as rewarding up front as planting new spring flowers, getting your lawn and gardens ready for winter will be a real time saver come next year. Here are some tips to help you organize a fall clean-up.

Dead-head perennials. Remove spent annuals after the first frost, but resist the urge to prune perennials to the ground as this can invite insects and fungal infections. Always wait until spring when the first new growth appears before cutting perennials back.

Dig tender plants such as canna lily, dahlia and annual geraniums right after the first frost. Air dry plants and store in a cool dry location for the winter.

Don’t forget to water trees and shrubs, especially evergreens. The general rule is one inch of water per week. So check your rain gauge.

Collect soil samples from several locations in your lawn and around your trees. Have both samples tested. If lawn samples indicate a low pH apply lime now. Fertilize trees if soil samples indicate a deficiency.

If you are planning on reseeding or over seeding your lawn be sure to do it in October.

• Cool season grasses benefit from fall applications of fertilizer. Nurserymen recommend three applications during the fall months. Cool season grasses include bluegrass, fescue and rye grass. Warm season grasses include zoysia, buffalo and Bermuda grass.
• Broadleaf herbicides can be applied now to control cool season weeds.
• For those who garden organically and shy away from herbicides and petroleum based fertilizers, a lush lawn is attainable. Organic fertilizers are available. Bradfield Organics, a local company, produces organic fertilizers specifically designed for lawns. If you choose an organic use a 3-1-5 fertilizer in the fall.
• Rake your lawn to help keep it healthy. Your grass can actually be smothered when covered by a deep layer of leaves.

By Jeanne Baker, MLA, Landscape Designer

Seniors are still buying homes and want an active lifestyle

Healthcare, cost of living, recreation and education are high on the list

Where are the most affordable places for the 55+ crowd to retire and own homes? U.S. News & World Report highlighted the top 10 places attractive for seniors to begin a second life. The cities chosen are based on a criteria of median home prices, affordable cost of living, good healthcare resources, and recreational activities.

Another very important factor is the availability of jobs and a low unemployment rate. Seniors aren’t “re-tired”; they still want an active professional life as well.

Let’s look the best affordable places for 55 plus homeowners to retire: Ann Arbor, MI, Ashville, N.C., Aurora, CO, Columbia, S.C., Columbus, OH, Eugene, OR, Fort Worth, TX, Jacksonville, FL, Kansas City, MO, and Tucson, AR.

One common theme for these locations is the presence of a college or university. The cultural, academic and sports opportunities offered by an educational institution do attract seniors who don’t settle for an inactive retirement.

St. Charles County and the St. Louis metro region have many characteristics to attract senior homebuyers too–colleges and universities, healthcare, easy access to cultural events and plenty of sports, both professional and amateur. If you are considering selling your home, what would attract a senior buyer, in addition to the regional amenities?

The good news is 90 percent of the 55+ homebuyers are moving in the same general area or from a different part of the state, according to a survey by conducted by The National Association of Home Builders and the MetLife Mature Market Institute. Smaller, single family homes are preferred by 79 percent of the respondents, and open kitchen/family rooms, a washer and dryer plus lots of storage.

The 55+ age group is tuned into technology. They was special places for computers, advanced security systems, built-in wiring for flat screens and programmable, but easy to use thermostats. Energy efficient appliances are musts for 79 percent of the respondent group while other green concepts include solar heating, a water filtering system and chemical-free building materials.

Keep these tips in mind as you consider selling your home. Remember, every size home has a potential buyer out there.

Written by Myra Vandersall

Cort Schneider nominated for Treasurer for the St. Charles County Association of Realtors

St. Charles resident, Cort Schneider has been nominated for the 2010 Treasurer office for St. Charles County Association of REALTORS® (SCCAR).

Schneider has been an active member of the St. Charles County community for years. His leadership roles include work with the City of St. Charles Beautification Committee, St. Charles Chamber of Commerce Young Professionals, and St. Charles County Vision Leadership Program.

Schneider believes his leadership in SCCAR can assist the organization grow and strengthen the St. Charles County community. SCCAR provides members with programs, products and services to conduct business successfully and ethically. Through legislative advocacy and public awareness, SCCAR promotes private property rights, equal housing opportunity and the American Dream of real property ownership.

SCHNEIDER Real Estate is thrilled with the nomination and congratulates Cort Schneider on such an important opportunity for our community.

October planting for spring sale

October is the time to garden for now and for a spring sale
Look to the future when planning your fall garden. Putting in some extra work and planning now will pay off in ready–made spring blooms

By Jeanne Baker, MLA, Landscape Designer

Fall is officially here. The nights are cool and the trees are starting to change. There are beautiful flowers that wait to bloom until the temperature drops and the days shorten. Take advantage of this opportunity to add color by planting fall blooming perennials in containers, flower boxes or perennial beds. Containers are the perfect way to extend the growing season and bring color to your entrance. Remember to plant a mix of different species in your container and play with color. Choosing plants with contrasting color and form will stand out from a distance inviting a closer look.

Excellent container plants are chrysanthemums, asters (‘Purple Dome’), pansies, ornamental kale, purple fountain grass and Japanese blood grass. To plant, partially fill your container with potting soil or Styrofoam and insert plants still in their nursery pots. Protect your containers from an early frost by covering or moving them to an unheated garage. This will typically allow you to have beautiful plantings through Thanksgiving. Once the weather turns and an extended period of freezing temperatures is predicted, remove potted plants from their container and place pots in holes in the garden, water well and mulch heavily. Plants can over winter and be planted in a permanent home in the spring or repotted in containers.

Work now to insure a vibrant spring sale
If you want to sell your home next spring, now is the time to get a head start by planting spring flowering bulbs. The more planning you do now, the less work you’ll have come March and April. Pairing bulbs with compatible perennials will keep your beds looking neat even when after your bulbs have bloomed and their foliage have started to droop and yellow. The key is picking bulbs and perennials that require similar growing conditions, such as sunny/dry, moist or shady. Plant the bulbs with their companion perennials so that spreading plants will grow in over the spent bulbs. Suggested combinations:

• Sunny/dry locations – pair daffodils, tulip and/or hyacinth with peony, cranesbill or lamb’s ear to cover. You can plant dianthus in front of bulbs/perennial companions.
• Moist locations – pair Spanish bluebell, fritillaria and/or quamash with astilbe, cardinal flower or brunnera to cover. Can plant mazus and/or coral bells in front of bulbs/perennial companions.
• Shady locations – pair wood hyacinth, windflower or toad lily with hostas, celandine poppy or ferns to cover. Can plant sweet woodruff in front of bulbs/perennial companions.

Don’t have the time or the budget to plant everything at once? Plant the bulbs this fall and fill in with the perennials in the spring. Bulbs need the cold weather in order to bloom so be sure to get them before winter.
For more on bulb/perennial companions go to: http://www.gardengatemagazine.com/extras/083/bulb_companions.php

Fall is the perfect time to plant new trees and shrubs
Give the new plants time to start acclimating to their new environment during their dormant period before spring and the demands of new growth. Be sure to follow planting instructions carefully. The top of the root ball of a B&B plant should never be below ground level. Water thoroughly and apply 3 inch layer mulch. If you haven’t yet selected a tree/shrub the Missouri Botanical Garden (MOBOT) has excellent online references to help you decide.
Try using Plants of Merit if you are looking for something different that you aren’t likely to see in everyone’s garden. Plants of Merit have all been tested by MOBOT and local horticulturalists and have proven to be reliable performers with excellent plant characteristics but are underutilized in our region.

Want to browse and look at all the trees there are to choose from that like a wet and shady location? Use Plant Finder Search. Plant Search is the garden’s most extensive plant database search engine. It allows you to search by plant type; cultural requirements, such as sun, water, and planting zone; plant characteristics, like height, width, bloom color and time; uses for plant; features of flowers, leaves and fruit.

With a bit of planning, some imagination and digging power, you can enjoy your fall garden now and potential buyers will enjoy your efforts next spring.

A big thank you goes out to our valued clients

SCHNEIDER Real Estate ranked in the top 10 real estate companies in St. Charles through third quarter of this year. SCHNEIDER agents brought the company to the eighth slot in closed transactions in St. Charles County. SCHNEIDER's 42 agents are very proud of this accomplishment, but we are even prouder, and sincerely thankful, for the clients who trusted us with their homes to sell or purchase.

We work hard to earn your trust and in return give you the best personal service and advice. We support you, whether you are buying or selling, and try to find the very best fit for your family’s needs at the very best price.

We’ve been here since 1975, growing as the St. Charles region grows. Our family thanks you and your families for the privilege of serving your real estate needs.

The FHA 203(k) loan is perfect for homebuyers who want to rescue foreclosed properties

Rehabbers can combine the loan price and improvement costs in one loan

There are homes out there, just waiting to be “adopted” by a loving family. They may be a bit on the ragged side, down on their luck, but with some tender, loving care, a qualified homebuyer and an FHA 203(k) loan, they’ll be returned to their glory.

We’re talking about foreclosed properties that aren’t in tip top shape, but deserve a chance and are manageable rehabs.

This HUD program, administered through the Federal Housing Administration (FHA), is not a new idea. More than 31 years old, the 203(k) is a loan that includes both the purchase price and the rehab price for a qualified buyer to fix up the place. Because of the amount of foreclosed properties now, this type of loan is very attractive for the buyer who sees value at the end and doesn’t mind rolling up his or her sleeves.

There are two types of 203(k) loans–the full deal for major rehabs and really big projects, and the Streamline 203(k) that tops out the rehab budget at $35,000. This is an excellent way to go for properties that need some sprucing up and energy efficient improvements. It’s amazing how far $35,000 will go to transform a home. Qualifying properties include one to four-family structures.

The loans are granted through FHA lenders. When the purchaser is approved, the down payment will be 3.5%. The potential buyer is responsible for working with an approved contractor and designing a bid for the rehab. The bid must be very detailed, including plans, materials, labor, time frame, which can be no more than six months, and an estimated completion value.

This information is necessary to assemble the package and final loan amount. When the project is approved and closed, the buyer will receive up to half the rehab amount to begin work on the house. The final payout comes after the work has been inspected to make sure it conforms to the original plans.

These loans can be more involved that a conventional loan, so it’s best to work with Cort Schneider who understands the complexities and can recommend a lending institution that is approved to provide the 203(k) loans.

Just think how satisfied you’ll be to rescue a foreclosed property, make a contribution to improving a neighborhood and take part in the housing market recovery.

Check out St. Charles foreclosed homes.

Around St. Charles County

October 2009 Calendar of Events

Saturday, October 3
Augusta Bottoms Beer Festival
Noon - 5 pm
Enjoy tastings, live music, and brewery items for sale plus a commemorative glass.
$25.00 www.augustabottomsbeerfest.com

October 4-October 31
Pumpkin Fantasyland, Centennial Farms, Augusta
10-5 p.m. daily/11-5 p.m. Sunday
The farmstead is turned into "Pumpkin Fantasyland" with a whimsical collection of pumpkin figures dressed as farm folks, storybook characters and aliens. Hundreds of pumpkins, gourds, Indian corn, and other fall decorations add to the color. Also apple picking and farm market.

Wednesday, October 7
Staying Healthy This Flu Season
6:30-8 p.m.
Progress West HealthCare Center Community Room
How much do you really know about the flu bug? Discuss transmission, symptoms, treatments and who should be vaccinated. Learn the difference between epidemics and pandemics.
Call 636.344.2273 to register.
FREE

Friday, October 9 - Saturday, October 10
Fall Festival and Craft Bazzar in O'Fallon with live music, children's activities, arts, crafts, and Log Cabin Museum tours. At the Civic Park 5-9 pm. Friday, 9am - 4pm Saturday.
FREE

Friday, October 9-Sunday, October 11
Builders Home & Remodeling Show
Friday and Saturday, 11 a.m.-9 p.m.
Sunday, 11 a.m.-5 p.m.
St. Charles Convention Center
Find what you need for your home. More than 200 exhibitors and special presentations from free antique art appraisals to childrens’ activities and the Habitat for Humanity ReStore.
FREE


October 9 - October 11
BICENTENNIAL CULTURAL HERITAGE FESTIVAL
Bicentennial Cultural Heritage Festival
St. Charles
Various locations throughout the city.
During the second weekend in October, St. Charles continues its Bicentennial celebration with a Cultural Heritage Festival based on a series of parties, parades and concerts in local parks. The city's official anniversary weekend will feature a wide-range of fun, free, family-friendly events as follows:
Friday, October 9 in Frontier Park, 500 S. Riverside Drive - an evening event complete with live entertainment, food & beverages will kick-off the Bicentennial along the banks of the Missouri river.
Saturday, October 10 in Blanchette Park, 1900 W. Randolph Street - the St. Charles Bicentennial parade begins at noon with an old-fashioned picnic to be held in the park from 2 pm to 6 pm.
Sunday, October 11 in Wapelhorst Park, 1875 Muegge Road - this afternoon event will have an arts and culture theme featuring local talent. Visitors will also have an opportunity to take historical tours aboard the St. Charles trolley.

FREE

For more information call 636-255-6154 or visit www.stcharlescitymo.gov

Sunday, October 11, 2009

10 am - 5 pm daily
Old Settler Days
Riverside Park, Kampsville, IL

This event on the banks of the Illinois River depicts the life and times of the early Calhoun settlers. Civil War re-enactment, carriage rides, fiddle contest, mountain-man activities, apple-butter making and other period demonstrations, food, crafts, and live entertainment.

FREE

Friday, October 16
NEW! Old Time Radio Mystery Shows
10 a.m.-12 noon
Java G’s Coffeehouse Café, 2031 Old Hwy 94S
Sponsored by the St. Charles Community College and OASIS, learn about the popular radio shows in the 1930s and 1940s, especially mystery shows. Discussion and audio examples
$9/age 50 and over

Friday, October 23 – Saturday, October 24
QUILT & CHURCH TOUR 
10 am - 4 pm
Calhoun County Communities, Brussels, IL

Take a relaxing drive through Calhoun County to see displays of beautiful quilts, exhibits and activities. Visitors can also take part in quilt demonstrations, quilt appraisals, supplies and sales. As a bonus, attendees will be able to take a driving tour of the county to see 20 barn quilts.

$8 in advance, $12 at the door
For more information call 618-576-2293

Friday, October 30
Trick or Treat on Main
3-5 p.m.
Enjoy a safe afternoon of trick or treating at various businesses for costumed children 12 years and younger. Stay for the Halloween Children's Theater in Frontier Park from 5:15-5:45pm. Main Street

Buyers are looking for homes during the autumn season

Spring and summer may be the traditional time to buy and sell homes, but autumn and the beautiful fall palate could be your time for a successful sale.

Autumn is traditionally a season of recovery and reflection, a time to burrow in after the frantic pace of summer. For sale signs pop up on lawns during spring and summer, as families with children want to get settled before school starts.

But buyers are still out there during the fall season, looking for a good deal. And there’s more good news. A recent survey by Relocation.com found that 50 percent of those surveyed moved to improve their living situation, whether a bigger house or to a better neighborhood. A previous survey in March 2009 indicated the recession played a major part in selling and buying decisions.

Here are some tips to help you get maximum dollars for an autumn sale.

• How your house appears during a drive-by is the first step. Trees have great appeal, especially in the fall with the brilliant red, gold, yellow and green palates showcasing your house. Continue tending to your outside upkeep. Trim back shrubs, remove dead or almost dead annuals and trim dead limbs from trees. Add color with freshly planted annuals like mums, pansies and petunias. Rake leaves, or shovel snow, making a clear path to your home and one that is not fraught with dangers.
• Light and bright on the inside is the way to go. Let abundant sun shine in. Consider replacing heavy drapes with lighter ones to show off your house and avoid that gloomy look.
• Give your potential buyers that cozy feeling. If you have a fireplace, make sure it’s in working order, and have a nice fire burning. The glow really sets off the richness of hardwood floors and offers the viewer an at-home feel. Temperature control is important too. Not too hot and not too cool.
• Decorating is a nice touch, but take it easy on the holiday decorations. Potential buyers are not impressed when they have to work their way through dangling spiders, ghosts, witches and giant turkeys. Prepare you home for the season, certainly, but use some restraint.
• Speaking of spiders, wee little critters do come in your house in the fall, and that’s normal. Be vigilant and eliminate cobwebs and insects. Check corners and closets so that a buyer doesn’t have any unpleasant surprises.
• Be flexible. The housing market is in the recovery stage, but we’re not at the robust stage. Give serious consideration to your price and negotiable points, such as closing costs and inspections.

Cauy Clark and the Cardinals have a big day on Sunday, October 4

SCHNEIDER Real Estate agent Robert Clark’s son Cauy, who has tuberous sclerosis complex, will help raise money for research and at cure at the Cardinals’ last regular season game.

What better way to cap off a fantastic Cardinals baseball season and send the team on to the Central Division Championships than attending the very last game of the season and supporting a wonderful cause.

Sunday, October 4 is the last game and a very special day for Cauy Clark, who has tuberous sclerosis complex (TSC), a genetic disease that causes tumors to form in many different organs. Cauy’s dad is SCHNEIDER Real Estate Agent Robert Clark, the driving force behind finding a cure for this complex and helping not only his son, but also the approximate 50,000 Americans who have TSC.

The October 4 game will be the third annual A Cure for Cauy day at the ballpark. We urge you to snap up tickets for $25.00 each, which is a great discount, join the fun at Busch Stadium and help Cauy raise money for research. This special day is in association with the Cardinals and the goal is to sell more than 1,000 tickets, which are located in the reserved outfield terrace on the third base side. A TSC kid will throw out the first pitch when the ticket goal is reached.

Robert explains that people afflicted with TSC are at risk for tumors growing in vital organs such as the brain, heart, eyes, kidneys, skin, liver and lungs. Some people with TSC can experience autism, epilepsy and kidney and heart disease.

Cauy was diagnosed around the age of three, but Robert saw a special positive spirit and can-do attitude in his son, and with that hope decided to become actively involved in raising money for treatment and a cure.

Here are the game day details. Get a group together, help Cauy and thousands like him, and send the Cardinals off to the National League Central Division Championships.

St. Louis Cardinals vs. the Milwaukee Brewers
Sunday, October 4
Game time 1:15 p.m.
Special Cure For Cauy ticket price: $25.00

To order tickets:
E-mail Robert Clark at cureforcauy@gmail.com or call him at 636.248.6329.
Or mail your ticket request and a check payable to A Cure For Cauy to:
A Cure For Cauy, C/O SCHNEIDER Real Estate, One Point West Blvd., St. Charles, MO 63301

You can be sure the SCHNEIDER real estate team will be out in full force rooting for Cauy and the Cardinals.

Around St. Charles County

Tuesday, September 15
Your Personal Economic Recovery

7-8 p.m.
Middendorf-Kredell Branch, St. Charles-St. Charles County Library District

Today's economic environment may be one of the most challenging. Take control of your financial situation - and the sooner you act, the better. Learn about the steps that can help prepare you for a potential recovery and keep your financial future on track. Presented by Gary W. Weber, Edward Jones.

Tuesday, September 15
AUDUBON OPEN HOUSE

7 pm to 9 pm

St. Charles Nonprofit Development Center, 425 Spencer Road

Open House presentation by the St. Louis Audubon Society. Refreshments will be served while you wander exhibits, pickup informational materials, and meet the folks that make it happen around the Metro Region. From birding to education to hands-on conservation activities and more.
Free
Info call 314-599-7390

Friday, September 18-Sunday, September 20
MOSAICS MISSOURI FESTIVAL FOR THE ARTS
Friday: 4 pm - 9 pm
Saturday: 11 am - 9 pm
Sunday: 11 am - 5 pm

Historic St. Charles Downtown District

Approximately 125 artists from across the country are selected to come to St. Charles to exhibit and sell their works. Mediums represented include painting, sculpture, jewelry, and many other fine arts. Other activities include A Mentor Me program, an Art for Youth gallery, and a Kids Creation Station. Food and other refreshments are available throughout the festival grounds.
Free
For info: call 636-940-5178 or visit www.stcharlesmosaics.org

September 25 - October 25, 2009

Quilt National
Tuesday-Saturday hours are 10 am - 5 pm
Open until 9 pm on Wednesdays
Sunday hours are 12 pm-4 pm

Foundry Art Centre, 520 N. Main Stree

Quilt National is a biennial, international, juried and judged quilt art competition. Quilt National has showcases the most exciting & innovative trends in the medium and promotes quilt making as what it always has been - an art form. Jurors will select works that represent unique approaches and demonstrate the breadth & diversity of contemporary expressions. An educational lecture series will run in conjunction with the exhibition.
Free

Tuesday, September 29
Escape To Araluen/Ranger’s Apprentice
7 p.m.
Middendorf-Kredell Branch, St. Charles City-County Library
Experience the story, live the action with the Viking Story Pirates of New York City.
Info: Register online at www.youranswerplace.org or call 636 978.7926

Wednesday, September 30
When Should Ms. Daisy Stop Driving?
3-4:30 p.m
Progress West Highway K Medical Building & Urgent Care Center
Designed for the impaired senior driver and their loved ones, this discussion separates fact from fiction on the safety of older drivers. Call 636.344.2273 to register.

Contact Cort Schneider - A Group Specializing in Smart Moves

Home sales up/new search options

Soaring home sales encourage confidence in the real estate market. SCHNEIDER’s new online housing search makes selling and buying a dream.

Good news prevails in the real estate market this week. For the first time in five years, existing home sales have increased for four months in a row, according to the monthly statistics from the National Association of Realtors®.

This increase is due in part to first time homebuyers who cashed in on the $8,000 tax credit. They accounted for 30 percent of homes purchased in July while foreclosures totaled 31 percent of transactions.

As the excitement about home ownership begins to return, SCHNEIDER now offers buyers and sellers an incredible online experience. We’ve made searches for all area homes, condos, rentals, open houses and foreclosures a one-stop deal. This new way of viewing real estate includes absolutely everything a potential buyer needs–you get all the property details and set up a list of favorites so you’re not bouncing back and forth between websites.

Pictures galore, of course, and you can email the listing to a friend to see what they think of the property. There’s a mortgage calculator, MapQuest directions and points of interest near the property. You can also request a private showing or contact the Schneider listing agent for more information.

As much as we love our new online search, we also believe that talking to a real person is the best way to learn about your next home. Do some searches online and call us. We’re here for you. Come look around!

Home buyers can receive up to $14,999 to purchase foreclosed property

You can give foreclosed property a new life and participate in the St. Charles region economic recovery

Another assistance program designed to help potential buyers enter the housing market is now available from the Missouri Housing Development Corporation (MHDC). Qualified buyers can receive up to $14,999 or 20% of the purchase price on foreclosed property to use for a down payment and closing costs.

This incentive will help stabilize and rebuild Missouri neighborhoods. The MHDC received $4.2 million from the Neighborhood Stabilization Program (NPS) to help consumers buy homes.

Combine this incentive with the $8,000 tax rebate for first time home buyers and there is no better time to jump into homeownership.

Here are the details:

• Applicants can be first time home buyers or repeat buyers.
• The loan is an FHA 30-year fixed rate at 5.75%.
• The property must be foreclosed and unoccupied for three months.
• The purchase price cannot exceed $258,690.
• There are maximum income requirements set by the MHDC.
• Buyers must use the MHDC First Place Loan program for the first mortgage while the NSP funds provided through the second mortgage and have a 0% interest rate, which is forgiven after five years of residency.
• The purchase price must be discounted a minimum of 1% from the current appraised value.
  

This is your chance to give a foreclosed property new life, and for you to participant in the economic revitalization of St. Charles County.

Hurry! Time is Running Out

• YOU MUST Act Now!!!
• YOU MUST close by Nov. 30th
  

The Qualification, Selection, Inspection and Closing Process takes considerably longer than in previous times...often from 3 to 5 months.

Contact Me today to increase your chances of hitting the target and not missing out on Your $8,000 Tax Gift!!

Follow these tips and have a great experience with home improvement professionals

Spiffing up your home before you sell can reap financial rewards. Finding the right contractor or tradesperson to help is a crucial step.

You’ve decided to put your home up for sale and move on, or you are staying put and want a fresh look. However, a few things need to be addressed before you plant that FOR SALE sign in the front yard. Homeowners can handle small fix-it projects, but other projects may call for an expert. That means the search for a reliable, honest contractor is next on your agenda.

Word-of-mouth is one of the best ways to find a contractor or tradesperson. Ask friends and colleagues for referrals, but make sure what you need matches with who is recommended. You may need your deck resurfaced, but your friend’s wonderful painter wouldn’t be the best choice. Even if you chose a friend’s recommendation, check it out with the St. Louis Better Business Bureau. Ask the contractor for a list of recently completed projects and call the homeowner to discuss the work. Cort Schneider, SCHNEIDER Realtor, is another excellent resource for recommendations.

Once you’ve found a good fit, make sure your contractor has the proper insurance, liability and bonding, and is licensed to perform the work you want. Ask the tradesperson to show you this documentation, and obtain copies for your files.

Get it in writing. The contract stage is crucial to a successful job completion. Include every detail possible for the job in addition to an estimate. Include the start date, schedule, completion date, any variables you would anticipate and the payment schedule. If your contractor or tradesperson is reluctant to include any of this information, beware. This might not be a good match. Everyone involved in your project must have copies of all paperwork.

And finally, do you like each other. Really, personality conflicts or different work styles can mean your project could be an unsatisfying experience. When all is said and done, both you and your contractor want to show pride in the workmanship and part on good terms.

$1,000 closing cost incentive offered for new home sales in St. Charles County

ST. CHARLES COUNTY, MO --- In an effort to bolster the American dream in St. Charles County, first-time home buyers and new residents planning to buy a newly constructed home could receive $1,000 in closing cost assistance through a limited incentive program offered by HOME St. Charles, a non-profit subsidiary of the Economic Development Center (EDC) of St. Charles County.

Known as the “Welcome Home Incentive Program,” this local initiative offers $500 from HOME St. Charles to qualifying new home purchasers if their banker, builder, or mortgage broker will provide a $500 match. Officials said they currently have funding to issue 20 incentive awards.
“As part of our broader economic solutions campaign, the Welcome Home Incentive Program is designed to help attract new residents, sell new homes, and impact local jobs in St. Charles County,” said EDC President Greg Prestemon. “We also hope this effort will serve as a challenge to other community groups, businesses, and organizations to encourage them to consider how they can refocus resources and programs to have an immediate and positive impact on the local economy.”

Some of the stipulations to qualify for the Welcome Home Incentive Program include:

• Must be a first-time homebuyer or new resident moving to St. Charles County
• Must have a $500 match from the builder, banker, or mortgage broker
• Must be a newly constructed single family home or previously unoccupied new single family home
• Purchase price cannot exceed $267,000
• Only home purchase contracts signed on or after July 1, 2009 will be considered

Officials said they also plan to make an effort to award the incentive to a wide variety of subdivisions and communities throughout St. Charles County.

Funds are limited and an online application is now available. Contact Cort Schneider for more information.

August 2009 Calendar of Events in St. Charles County

August 2009 Calendar of Events


Saturday, August 1
Race For the River and Clean Water Challenge
Noon-7 p.m.
Kayak and canoe paddlers arrive from Washington, Missouri. Live music, food, hands-on environmental education displays and activities. Custom canoe and kayak show.
Free

Tuesday, August 4
Using Genealogical Databases. This is an introduction to using genealogical databases available through the library.
10:30-11:30 a.m.
Kathryn Linnemann Library
Free

Sunday, August 9
Peach Festival, Pere Marquette State Park, Grafton
10 am - 5 pm
Crafts, food, children's games, balloon artist, face painting, pie eating contest, largest peach contest, book signings, peach drinks and peaches.
Free

Monday, August 10
Statehood Day
10 am - 4 pm
First State Capitol Complex, 201-216 S. Main
Celebrate Missouri's birthday with a free open house. Activities include tours of Missouri's first state capitol on the hour and historical demonstrations depicting the lifestyle of the 1820s.
Free

Tuesday, August 11
Bone Density Screening for Women
4-6 p.m.
Determine your risk for osteoporosis. Appointments are required. Call 636-928-9355
Middendorf-Kredell Library

Thursday, August 13
German Holidays
11-noon
Learn how holidays like Easter and Christmas are traditionally celebrated in Germany. Discuss German culture, customs of today and yesterday.
Breeze Park Senior Living
$8

Tuesday, August 18
Retirement–It’s About Independence
The largest risk to retirement is healthcare costs. Learn how Medicare, Medicaid and tax law changes impact long-term care strategies.
7-8 p.m.
Spencer Road Library
Free

Friday, August 21, 4-10 p.m.
Saturday, August 22, 9:30a.m.-10 p.m.
Sunday, August 23, 9:30 am - 5 pm
Festival of the Little Hills
Historic St. Charles Downtown District
St. Charles largest event of the year features more than 300 craft booth, demonstrations, live music at venues throughout the grounds, other entertainment, food and refreshments.
Free

Saturday, August 22
Art of the Motorcycle Gala
Foundry Art Centre
7 p.m.
Gala event o Feature “Everything Motorcycle”- From Collectible Works From Renowned
Harley-Davidson Artist Scott Jacobs To Displays Of Vintage And Modern Cycles
The gala event features everything motorcycle, from collectible works from Harley-Davidson artist Scott Jacobs, to displays of vintage and modern cycles. Food, wine beer and auction items donated by local businesses. $50 per person in advance and $55 at the door. RSVP to (314) 422-7677 or (636) 399-5345. Net proceeds benefit St. Charles Riverfront Arts.

Buyers show continued confidence in the housing market. Sales, new starts are up and incentives help ease the way home.

The saying goes “Home is where the hearth is” and it looks like an increasing number of homebuyers will have their very own hearth soon. We gage confidence by the number of satisfied homebuyers who now have their very own place to feel secure, comfortable and to grow. We gage confidence by the number of home sellers who are able to sell their properties at a reasonable price and feel secure moving on to the next chapter of their lives.

But just to add numbers to our “people quotient,” the latest reports show existing home sales rose for the third consecutive month, up 3.6 percent from June to July, and prices declined less in June, according to the National Association of Realtors. The median existing single home price came in at $181,600. First-time buyers are making their mark–they rang up 29 percent of the sales and helped to increase buyer visits by 12 percent from a year ago. New home starts and permits are up too, a gain of 3.6 percent in overall starts and an 8.7 percent increase in permits.

Certainly the $8,000 first-time homebuyer tax credit has helped the housing market begin its recovery, and there are a number of other incentives out there that will help buyers feel more confident. In the St. Charles region the Economic Development Center of St. Charles County offers, through its subsidiary program HOME St. Charles, a “Welcome Home Incentive Program” to help buyers with closing costs associated with the purchase of a newly constructed single family home. This incentive is for first-time buyers or new residents moving into St. Charles County.

The initiative offers $500 to qualifying buyers who have a $500 match from the builder, banker or mortgage broker. For more information on this incentive, go to homestcharles.org, but be sure to come in to talk with us about this program and the many more incentives that make buying, selling and living in St. Charles County a great experience.

Lake Saint Louis is one of the BEST places to live in America!

Congratulations to the residents of Lake St. Louis! The community placed ninth in the top 10 places to live in Money magazine’s annual listing of the best 100 places. SCHNEIDER Realtors’ own Jane Nicoletti can testify first hand–she’s lived there for more than 20 years and loves Lake Saint Louis.

“Now my grandchildren can enjoy the pool, the parks and walk along the boulevard,” she says. “and there’s shopping galore. How great is it that we made it in the top 10 cities to live list!”

Money magazine’s criteria for the top 100 list is based on school ratings, home prices, employment levels and crime statistics. The magazine judges communities between 8,500 and 50,000 residents.

With it’s five parks, two lakes, three golf courses and a 650-horse equestrian center, Lake Saint Louis has evolved from a resort town to a thriving family-centered community that is projected to have a strong job growth over the next five years.

Last year St. Peters, O’Fallon and St. Charles made the list. Seems like our little corner of the world is doing just fine!

Check out homes in these great places to live!

St. Charles Ambassadors win the gold in four-part harmony

We hit the high notes, made a judge cry and came home with the gold from the Barbershop Harmony Society’s 71st annual international convention over the Fourth of July! Your St. Charles Ambassadors of Harmony broke through with a first place win over the Vocal Majority from Dallas, Texas. I think they’re in the minority now. Missouri rules! The Texas group has held the title for three decades but our 160 singers from St. Charles scored 2,927 points (a record) out of 3,000 and won the gold over 28 qualifying choruses in front of an audience of 3,000 crazed barbershop music fans. I heard from total strangers that the entire house leapt up in a tremendous standing ovation for us!

Competitors came from Canada, Great Britain, New Zealand, and Sweden. We gave them a great big American welcome, but didn’t hold back on our competitive spirit!

Our rendition of Edith Piaf’s “If You Love Me, Really Love Me” brought tears to the eyes of a judge who needed a moment to recover, and Meredith Wilson’s “76 Trombones” from the “Music Man” really brought the house down. Both songs were arranged for us by the chorus’ associate director, David Wright.

Shout-outs, wait, make that sing-outs, also go to Crossroads, a barbershop quartet with two Ambassadors of Harmony members, who also won a gold medal in the quartet contest. The quartet’s bass, Jim Henry, has directed the Ambassadors for nearly 20 years, and baritone Brandon Guyton also signs with us. Lead singer Mike Slamka and tenor Fred Farrell, are members of the Ambassadors organization.

And we sing on. You can catch us at our annual holiday performance, “Sounds of the Season-2009” on December 11-13 at the Touhill Performing Arts Center on the UM-St. Louis campus. Tickets are on sale starting Tuesday, October 13. Visit us online to learn more about the Ambassadors of Harmony.

We send a great big thank you to the St. Charles community–all of you who believe in us and love barbershop music.

SCHNEIDER Real Estate would like to congratulate this community and musical achievement. A special congratulations is reserved for our very own Roger Schneider.

The $8,000 tax credit deadline for first-time homebuyers will be here soon

Right now is the time to buy your first home and receive the $8,000 tax credit, which is part of the American Recovery and Reinvestment Act. The deadline to file for the tax credit is November 30, 2009, and while that date may seem way in the future, first-time homebuyers must begin the process now to make the deadline.

Here’s a refresher about the tax credit:

First-time homebuyers will receive an $8,000 tax credit, or 10 percent of the home’s value, whichever is less. First-time homebuyers are defined as those who have not owned a principle home during the past three years.

The credit can be applied to either 2008 or 2009 tax returns and does not need to be repaid if the homebuyer lives in the house for a minimum of three years.

The tax credit applies to first-time buyers who purchase a principle home between January 1, 2009 and November 30, 2009.

Claiming the tax credit is easy. Once the sale is completed, new first-time buyers can claim the tax credit on their returns. No special forms or documents are required.

Don’t pass up this great deal. A wide variety of homes are available now and you can be a part of our country’s economic revival. Give me a call. I’ll explain the tax credit and home purchase in simple, easy-to-understand language.

Also, you can check out Realtor.org. The more you know, the better decisions you make.

Changing Schools–Being The New Kid Is A Very Big Deal

Your new home is waiting for you. There’s excitement in the air, moving boxes all over the floor and last minute details to wrap up. But, someone in your family just might not be too excited about this move. Children can be very stressed when they leave old friends and familiar settings, whether moving across the country or across town.

School can be a second home for your child and the nucleus of their social lives. It’s hard to start all over again, especially since peer groups have become so important. Easing this transition for the younger members of the family will also ease your transition and make for a much happier experience.

Here are some tips to help your child adjust quickly.

Talk about the move even before it happens. Discuss everything you know about your new community, be enthusiastic and positive. Children can sense any reluctance on your part.
Never discount your child’s feelings about the move and new school. His fears and hesitation are real.

Most likely, you’ve already visited the new school since one of the reasons you chose your new home is because of the academic reputation. If your child didn’t go with you, take him to the school and look around, even if it’s during the summer and the school may be closed.
Encourage get-togethers with neighborhood children who attend the school. Seeing a familiar face is usually a comfort when dropped into an unfamiliar setting.

Pay attention to the kind of clothes the students wear. Even if it makes you feel like a slave to fashion, one of the worse things that could happen for your child is to show up on the first day of school and not be dressed like everyone else.

Go to school with your child on the first day. This is no time to drop her off and pick her up after school. Walk her to her classroom and introduce yourselves to the teacher. As your child continues her transition during the school year, you want the teacher to know who you are and that you are involved.

Expect some bad behavior. Children will feel unsettled and worried, even if they won’t or can’t express those feelings. Acting out may be their way of showing their frustration.
Above all, talk to your children and indicate you have an open line of communication and will help.

To help you even further, check out the Beating Back-to-School Bedlam class presented by Progress West HealthCare Center. Productivity advisor Mary Kutheis will help you discover solutions to be more organized, manage a schedule and generally guarantee a smooth transition. The program is at 6:30 p.m. on Tuesday, July 21 at the Middendorf-Kredell Library.

St. Charles Realtor joins the Cort Schneider Group

The Cort Schneider Group powered by SCHNEIDER Real Estate is proud to announce the addition of a new professional team member! Offering over 9 years of local Real Estate experience, Keith Kohlenhoefer has specialized in representing home buyers and investors with the purchase of REO, Bank owned and investment properties in the St. Charles County area. Keith offers a wealth of knowledge in today’s marketplace and has proudly accepted the role as the Home Buyer Advisor for the Cort Schneider group and will be making his new focus helping the Cort Schneider Group’s home buyers take advantage of today’s "window of opportunity" in our local Real Estate market! We are excited for Keith to join our team!

Call Keith Today 314-210-1231 to see if now is the best time for you to invest in Real Estate!

A Group Specializing in Smart Moves in St. Charles County

Around St. Charles County

Thursday, July 2-Saturday, July 4
Riverfest, Frontier Park. Games, food, crafts, carnival rides, parade, fireworks and fun for the entire family.
Thursday, Bluegrass Festival
4:30-9:30 p.m.
Friday and Saturday
Music at 2 stages. Parade at 10:00 AM on July 4th. Fireworks at 9:20 PM. On Friday and Saturday www.stcharlesriverfest.com

Friday, July 3-Saturday, July 4
O’Fallon’s Heritage & Freedom Fest
Friday, 4-11 p.m. Saturday, noon-11 p.m.
Ozzie Smith Sports Complex.
National bands, fireworks, carnival rides, family-friendly shows, kids’ activities, festival food and beverages, Independence Day parade. Info, www.heritagandfreedomfest.com. Or (636) 379-5614.
Free

Saturday, July 4
1 p.m. Parade
4-8 p.m. music
New Town St. Charles

Friday, July 10
Bicentennial Historical Trolley Tours
1-4:45 p.m.
Tour of Old Cemeteries
Historical Trolley Tours developed in conjunction with the Greater St. Charles CVB, the Bicentennial Committee & Steve Wiechens of the First Capitol Lions Club. Trolley Transportation will be provided by the CVB. Participation is limited to 20-22 people per tour and is by reservation only on a first-come, first-serve basis.
Info, 636-255-6154
Free

Saturday, July 11
9 a.m.-1 p.m.
MoCHIP - Child Identification and Protection Program: Keeping MO Kids Safe!
Little Guppy Child Development Center, 3151 Elm Point Industrial Drive.
MO Masonic Family will be on hand to further ensure the safety of area children free of charge. Representatives from the police department and fire department to discuss child safety. Car seat and helmet safety checks, games, ice cream social.
Info, 636-530-6069.
Free

Friday, July 17-Saturday, July 18
Friday, July 24-Satuday, July 25
7:30 p.m.
Lindenwood Center for Fine & Performing Arts Events
Production of Pulitzer Prize Broadway play Harvey
Tickets available at Lindenwood Box Office, www.telecharge.com or 800-447-7400.
General Admission $10.
Info, 636-949-4433

Thursday, July 23
1:30 p.m.
Middendorf-Kredell Branch, St. Charles Library District
How To Find Medical Information
Consumer health librarian Denise Ulett helps patrons research understandable, reliable sources for healthcare consumers. Navigate print and electronic information.
Free

Sunday, July 26
1-4 p.m.
Pere Marquette State Park, Grafton
Hummingbird Festival
See hummingbirds up close. The Illinois Audubon Society will band birds. Adopt a hummingbird for a small fee.
Info, 618-786-2331, ext. 338
Free

Friday, July 31
2:30-4:30 p.m.
Corporate Parkway Branch, St. Charles Library District
Teen 80s End of Summer Party
Games, trivia, snacks, prizes for best dressed.
Register online or call 332-9966
Free

O’Fallon Is Weathering Recession and is a “Great Place to Raise Children”

While not recession-proof, the Midwest and more specifically the St. Charles County region, has escaped the recent economic woes and mortgage crisis better than most. O’Fallon is a case in point. The St. Charles County Association of Realtors notes that in May, 102 single-family properties in O’Fallon were sold. That’s a 21 percent increase over the 84 houses sold in April. At the national level, home sales rose 2.4 percent from April to May (National Association of Realtors). On the flip side, the average sale price was down 7 percent from a year ago.

Even considering the lower sale price, the movement of homes with a SOLD sign in the front lawn indicates a slow but steady return to housing normality. The total transformation is a long way away, no doubt about it, but the economic news is more positive.

Yet all of the statistics, projections and analysis really don’t tell the story of why O’Fallon has remained a stable community. Recently the St. Louis Beacon, an online newspaper, featured O’Fallon in a series of community profiles. One mantra, repeated over and over, is that O’Fallon is a great place to raise children. This attitude attracts middle class families who want suburban living, good schools and close proximity to metropolitan St. Louis’ features, such as the Art Museum, the Zoo, theater, baseball and restaurants.

The current median household income is $74,426, while 67 percent of the population have household incomes between $50,000 and $150,000. Home prices are affordable, with 39.3 percent of the population living in homes that cost between $200,000 and $299,999, according to the U.S. Census Bureau.

During the past 20 years, O’Fallon was part of the westward surge to build more homes and attract businesses across the Missouri River. Now that expansion has slowed, giving the community a breather and time to assess future growth.

With a business and industry mix that includes large corporations such as Citigroup, MasterCard and MEMC Electrical Materials, balanced with smaller employers, restaurants and retail, O’Fallon just might be a model for emerging in good shape from a weak economy.

Property Values and St. Charles Schools Get An A+ Report Card

One of the first questions potential home buyers ask their real estate agent is “How good is the school system?” Of all the local neighborhood amenities that can influence a buyer’s decision to purchase a home, proximity to good quality schools is one of the most influential, according to the 2007 National Association of REALTORS Profile of Home Buyers and Sellers. School quality was listed as a deciding factor for 28% of home buyers.

The St. Charles region is fortunate to have excellent schools that attract families who want their children to have the best educational experience possible.

The St Charles School District, with approximately 5,200 students, fits that category. Both high schools are designated A+ and students score above state and national averages on the ACT and MAP (Missouri Assessment Program).

The District received its first Distinction in Performance For Improvement from the Department of Elementary and Secondary Schools (DESE) in May 2007.

Good schools do attract home buyers and new business, keep property values high, and provide employment.

Good schools can increase the value of a home by 10-15 percent and are a key factor in maintaining neighborhood property values.

High quality public schools supported by the community will help property values increase in the future.

This factor is important not only to attract families with school-age children, but also home buyers who do not have children or choose private schools. As long as a community supports children, education and progress, the real estate market will continue to be viable and prosper.
St. Charles is a unique community; we have high expectations for our young people and are willing to spend our money for education; we are historically significant on a national level as well as a state level; we are close to major cultural attractions that big cities offer; and we have housing stock that attracts buyers who are ready to become active members of this very special place.

(Next time: You’ve purchased your new home and your children will attend a new school. How can you ease the transition and make their first days at school a positive experience? We can help with that.)

Moving In? What New Homeowners Should Do First

Every last piece of paper has been signed, the closing was successful, and there were handshakes all around. So, what now? You own a house but it’s not really your home yet. Home ownership is exciting and sometimes a bit daunting, but practical tasks can get lost in the piles of boxes on moving day. To make the first day in your new home a better experience, here is a basic checklist.

Call the utility companies. Service won’t start until you make contact. If you make a list and begin calling, you won’t be waiting for hot water.

Change the locks. You have no idea who has keys to the house, and just to be sure, a new lock system will give you peace of mind.

Do a walk-through with your family. Walk though the house, noting all the doors and how you can devise an emergency exit. If you and your family have to get out fast, you don’t want to be deterred because you are unfamiliar with the house layout.

Install smoke detectors and fire extinguishers. In addition to learning the exits, install or test fire extinguishers and smoke detectors immediately at strategic points throughout the house, like the kitchen, in hallways, the basement around the work area and laundry room.

Find your circuit breaker and water line shutoff. Locate these vital features and show family members how to turn off the water and reset the circuit breaker. Spending precious time looking for these can result in an even bigger flood or lights out.

Meet the neighbors. Walk next door and introduce yourself. Most likely the neighbors will come to you, but making the first effort is fine. Offer a compliment as an opener, such as noting the beautiful flowers along the walkway. Establishing good neighbor relations is a must as you ease into your new community.

Take your toolbox with you. To avoid frustration, keep your toolbox with you for easy access to equipment you may need to assemble furniture, make minor repairs, and just know where the screwdriver is.

Assemble an emergency first aid kit. With all the excitement of move-in day, there will be minor accidents, scraped knees, and smashed thumbs resulting from that handy toolbox. Don’t waste time rooting around for first aid supplies. Prepare a supply of band aids, antiseptic, gauze pads and ibuprofen; accidents do and will happen.
With just a little more planning for the big day, your moving experience will be less stressful and begin to make your new house your new home.

Check out my moving checklist.