St Louis Real Estate Search

Loan Commitment:  Part of the Process

In the St Louis area, the the Realtor Association and Bar Association Residential Sale Contract includes language that allows a home buyer to apply for a loan and the means to back out of the contract due to the inability to obtain financing.  There is a deadline in which this contingency must be excercised, which is called the loan commitment date.  The section of that contract is below:

"If Buyer does not deliver written notice, provided by Buyer's lender, to Seller or listing

Broker, of Buyer's inability to obtain a loan commitment on the terms described below on or
before xx-xx-2012 (the "Loan Commitment Date") then this condition shall be
deemed waived and Buyer's performance under this contract shall thereafter not be conditioned upon
Buyer's obtaining financing. If lender will not give Buyer such written notice then Buyer may directly notify
Seller or listing broker (on or before the Loan Commitment Date) by providing a notarized affidavit that
Buyer has complied with all of the terms of this paragraph and that despite request, Buyer was unable to obtain
such written notice from lender."


Sometimes buyer's misunderstand what they have when they are pre-approved.  A pre-approval is normally a "pre-screening" of information conveyed by telephone and a check of the credit score.  When writing up an offer to purchase real estate, or discussing the loan approval / commitment, buyers occasionally say "I already have that;" confusing the pre-approval they already have.  

Getting loan commitment from a lender takes place after a written application has been approved by the mortgage bank underwriter and usually involves paying for an appraisal, and providing title work, tax returns, and employment verification to the lender.  Once a loan file is submitted to the underwriting department, a response to the application is received, which is usually called "conditional approval" and all the conditions of approval are stated, which must be fulfilled prior to receiving the completed loan commitment.  Usually agents give three or more weeks for the lender to complete the loan process and provide loan commitment.

For more information on getting a home loan in St Louis, call the Premier Team or contact one of our preferred lenders. 

 

 

St Louis Real Estate Listings

$195,000
3 Beds ⋅ 1 Baths ⋅ 22075149 MLS ⋅ COMING SOON Status
This darling 3 bedroom, 1 bath ranch is freshly painted and ready for you to call it HOME just in time for the holidays. You will love the open floor plan! The family room has large windows with amazing natural light, laminate flooring and it's right off the kitchen. The kitchen has an eat-in area, white cabinets, a ceiling fan, some stainless steel appliances and the kitchen sliding door opens to the deck (painted summer of 2022) and level, fenced-in backyard. The full bath was just updated with new ceramic tile flooring, vanity, toilet and tiled shower. The 3 bedrooms finish off the main level. Storage shed for all your yard items/toys. The lower level is unfinished and the possibilities are endless. Super cute curb appeal and plenty of parking. Close to shopping, restaurants, public transportation and highways. *Kitchen fridge (purchased 2022), washer and dryer are all staying.*

10809 Arnett Drive, St Louis
$299,900
4 Beds ⋅ 4 Baths ⋅ 22074938 MLS ⋅ ACTIVE Status
RENOVATED 18 YERS OLD RANCH FEATURING: 2500sqft OF LIVING SPACE – 4 BEDROOMS – 4 BATHROOMS – 4 CAR GARAGE & WALK-OUT FINISHED LOWER LEVEL. New Roof & Siding. New back & front Decks. New HVAC system. Freshly Painted Interior & Refinished Hardwood Floors. New Kitchen Cabinets, Countertop & Backsplash. New Stainless Still Appliances. Remodeled Bathrooms and many more updates are awaiting you inside. Modern Open Floor Plan. A lot of closet space. Great Location. Easy to show.

8522 Varney Avenue, St Louis
$299,000
2 Beds ⋅ 2 Baths ⋅ 22075346 MLS ⋅ COMING SOON Status
Check out this 2 bedroom, 2 full bath gem located on The Hill. As you walk in from the covered porch you will be greeted with beautiful wood floors, high ceilings and many options to make this house your home with all of the amble amount of space it provides. The main level also has a full bathroom, large dining room, breakfast room, and a gorgeous kitchen. Upstairs is 2 bedrooms that are separated by a full bathroom and bonus room. The master bedroom walks out into a nice sized balcony perfect for seeing all The Hill has to offer. Newer air conditioning is an Infinity Series 5 stage inverter & 5.25kw Solar Panel Array. The long driveway leads to an oversized garage with 15' ceilings, lots of natural light, and a newer roof with solar panels on top. Back yard has raised garden beds and is a wonderful spot for hosting family and friends. Don't miss this opportunity!

5225 Bischoff Avenue, St Louis
$259,000
3 Beds ⋅ 2 Baths ⋅ 22073559 MLS ⋅ COMING SOON Status
Welcome to the quaint little slice of Lindenwood park, perfectly nestled on a quiet cul-de-sac! The large covered front porch invites you to enter the main living area. Through the front door you're greeted with a gas fireplace, original hardwood floors, crown molding, bright natural light and gorgeous archways. The main level master bedroom is a major highlight of this home. You will love the oversized walk in closet with built in shelving systems. Not to mention the bonus room attached which would make for a perfect office, reading nook, nursery, and more. The upper level houses the other two bedrooms both complete with large closets. In the kitchen you will find white cabinetry, concrete counter tops, stainless steel appliances, ample storage and more! The unfinished basement is ready for your finishing touches. It is already complete with one full bathroom and a walk up to the back yard. The backyard is fully-fenced, level, includes a pergola and a one car garage!

3321 Norma Court, St Louis
$200,000
3 Beds ⋅ 2 Baths ⋅ 22067516 MLS ⋅ COMING SOON Status
Welcome Home. Move-in ready with gorgeous hardwood floors, the main floor features a bright Living Room opening to Dining Room/Kitchen. The vintage Kitchen has just the space you need, complete with metal cabinets! The hardwood floors extend into the 3 Bedrooms, & check out the retro tub/tile in the Full Bath. Basement features a workshop & the home has had drain tile & sump pit with pump installed. The exterior features a level yard with mature trees & partial fencing. Near shopping & highways. Newer Hvac and Water Heater.

420 Homecrest Drive, St Louis
$275,000
3 Beds ⋅ 2 Baths ⋅ 22075210 MLS ⋅ COMING SOON Status
Photos should be back by 12/3. Showings to start on 12/8. Looking for a new home to settle into as you start 2023? This home features 2 main level bedrooms and a full bath. Dining room connects to a bonus sunroom. Charming hardwood floors and mantle are highlights on the main level. Kitchen has vintage vibes and lots of possibilities, includes Stainless Steel fridge. The downstairs includes finished basement family room, additional bedroom with egress window, and updated full bath. Well designed storage closets in the basement and a laundry room. Updated furnace is 2019. 1 car garage and a quiet street. Fantastic location with easy access to Grant's Trail as well as Watson Road and more.

140 Blackthorn Drive, St Louis
$175,000
22074934 MLS ⋅ COMING SOON Status
Calling all Live + Work space buyers! This HUGE 4500+sf duplex was converted to 2 lg 3 story townhomes with separate entrances, making perfect for a buyer seeking live + work or live + play options. Located in the hip innovation center of art and food, just steps from Stacked Burgers, Sugarwitch and The Ivory Theater, this duplex offer ample space, tons of upgrades and endless possibilities. Front 2500sf unit is almost move in-ready with renovated open kitchen, updated 1.5 baths, all newer windows, and new carpet on the 2nd and 3rd floors. Back unit, in near white box condition, is perfect for art studio / gallery space, pop-up kitchen, commissary kitchen or daycare space. Also perfect for a LEO, needing city residency, to live in the front unit while updating the back for rental income of $1250/mo. 2nd unit is a 2000sf 3/1.5 with open concept 1st floor and back yard access. Building has 2 year old roof with years left on the warranty. This unique home is the BEST VALUE on market.

7628 Pennsylvania Avenue, St Louis
$170,000
1 Beds ⋅ 3 Baths ⋅ 22075146 MLS ⋅ COMING SOON Status
This adorable home is charming and move-in ready! 1 bedroom/2 bath home includes the Master Bedroom Suite which is an incredible size and offers two closets one of which is a large walk-in closet. The home also offers an office/hobby room which is it’s own room just off the kitchen. Entering the home in the family room and sitting room is welcoming, wide open and flanked with windows. The kitchen offers electric cook top, double ovens, dishwasher and includes the refrigerator. Breakfast room leads to the expansive deck which over looks the large fenced back yard, swimming pool and adorable shed. Laundry room/mudroom offers a sink and excellent storage and hanging space. Don’t miss your opportunity to take a look at this charming home!

4632 Esther Avenue, St Louis
$190,000
3 Beds ⋅ 2 Baths ⋅ 22075185 MLS ⋅ ACTIVE Status
This one is Stunning!! Freshly renovated 3 bedroom 2 bath home that is loaded with character!! Upon entry you will notice the premium vinyl plank flooring, the tall ceilings, the tall windows and the beautiful archways and millwork!! The kitchen features custom cabinetry, stainless steel appliances and there is a seperate dining room! There is a second floor balcony off the master bedroom! All the bedrooms feature brand flooring, some new carpeting and some vinyl plank. One has a special nook area! There is a very nice private fenced backyard.

7321 Michigan Avenue, St Louis
$155,000
2 Beds ⋅ 2 Baths ⋅ 22075152 MLS ⋅ ACTIVE Status ⋅ Bexley Station Condo Eleven BLDG.
Welcome to Bexley Station! You will love this bright and airy 2nd floor unit that has been freshly painted! Great open floor plan boasting luxury plank flooring throughout perfect for entertaining! The kitchen offers plenty of counter space and cabinetry with breakfast bar. The main bedroom is large and features an attached bathroom with double sink and walk in closet! The newer washer and dryver in unit to stay.

9755 Newham Drive Unit #H, St Louis
$319,900
3 Beds ⋅ 2 Baths ⋅ 22074954 MLS ⋅ ACTIVE Status
OPEN Sunday 12/4 1-3pm! This South Hampton 3 bed 2 full bath gingerbread won't disappoint. The beautiful living room w/ fireplace & stained glass, opens to the formal dining room w/ gorgeous hardwood floors & arched doorways throughout. The updated kitchen has loads of cabinet & counter space, stainless steel appliances, & opens up to a family room, making it the perfect hangout spot. A large bedroom w/ a good size closet, updated full bath, & screened-in porch round out the main floor. Venture upstairs for 2 more bedrooms & another updated full bath. Walk-out lower level has tall ceilings & a lot of lighting offering huge potential for extra sqft. Outside you'll find a beautiful low-maintenance backyard, a tall privacy fence & a 2 car garage. Walking distance to many great restaurants! Other perks include newer windows in 2019 w/ custom shades, newer roof and gutters in 2018, newer HVAC with zoning in 2017, front storm door replaced in 2020 & front porch sealed and resurfaced in 2021.

5718 Neosho Street, St Louis
$349,900
2 Beds ⋅ 2 Baths ⋅ 22073708 MLS ⋅ COMING SOON Status
Hey girl, CLAY! Put your party pants on, because this Kirkwood craftsman is celebrating it ALL, including its own centennial! 100 years young, & ready for its newest owner to join in the festivities :) Covered front porch just waiting for you to sip your morning latte from Teleo Coffee (down the street). Charming entryway, spacious living/dining room, & gawgeous hardwood floors on main level as you walk in. Crisp white walls & trim ready for you to bring in your own style. Eat-in kitchen has plenty of room for bistro table, center island, & then some. Half bath for your dinner party guests. Upstairs you’ll find 3 rooms & freshly renovated full bath. Keep 3rd bedroom as custom walk-in closet, or convert it into a different dream! Backyard has back deck off kitchen & a newer concrete patio, which is ideal for an outdoor celebration. Just a short walk from Billy G’s, Kirkwood Farmer’s Market & more. Go ahead & say "Alexa, run the comps" because you don't want to miss out on Clay. CHEERS!

471 S Clay Avenue, St Louis
$195,000
2 Beds ⋅ 2 Baths ⋅ 22074993 MLS ⋅ ACTIVE Status ⋅ Packard Lofts BLDG.
Welcome home to this beautiful Packard Lofts condo with incredible views of CityPark, Union Station, and Downtown St. Louis! This 2 Bed/2 Bath corner unit features an open floor plan, 11 ft ceilings, polished concrete floors, huge windows allowing lots of natural light, and exposed brick throughout. The updated kitchen comes with newer stainless steel appliances, solid surface countertops, a large island, and flows into the living area. The living room features two massive windows, allowing lots of natural light and amazing views. The master suite includes a full bathroom with whirlpool tub/shower. The large second bedroom offers huge windows with great views as well. The second bathroom is a ¾ and features a brand new vanity and tile shower. This unit is wired for surround sound. Also included is 1 covered parking spot and storage area. Only 1 block away from CityPark (MLS Soccer Stadium), close to Union Station and St. Louis Aquarium, and so much more!

411 N 22nd Street Unit #309, St Louis
$194,900
3 Beds ⋅ 1 Baths ⋅ 22074953 MLS ⋅ ACTIVE Status
Move In Ready Brick Home-checked! Walk to 9 Mile Garden-checked! Walkable Neighborhood-checked! 3 Bedrooms- checked! Updated Kitchen-checked! Level Fenced Yard-checked! Lots of Off Street Parking-checked! Hardwood Flooring-checked! Over Head Light & Ceiling Fan-checked! Appliances Stay-checked! Walk Out Basement, Ready for your Finishes-checked! High Efficiency HVAC System-checked! Block glass Basement Windows-checked! Replacement Vinyl Windows-checked! Tons of Storage & Walk In Closet-Checked! Over All Great Home that has been Loving Cared for & Ready for You & Yours-checked! Look No Further for a Home that CHECK'S ALL THE BOXES! For a great price!

8613 Brinker Avenue, St Louis
$169,000
3 Beds ⋅ 2 Baths ⋅ 22028073 MLS ⋅ ACTIVE Status
This charming home is waiting for you! Property is being sold As-Is. Seller to make no repairs. Brick home with large mostly fenced yard that is lined with trees! As you walk through the front door you are greeted with a foyer which leads you to a spacious living room and dining area. From the dining room you enter the kitchen with built-in cabinets and built-in oven. The bedrooms are all located on the opposite side of the home. All three bedrooms have carpeting along with the family room that has a beautiful wood burning fireplace. The bathrooms are also located near the bedrooms. One with a large tub and the other with a walk-in shower. The unfinished full basement includes a built-in work bench. The basement is spacious with all kinds of possibilities. Central air system is not working/Seller is not repairing it.

11709 Talbott Court, St Louis