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Hickinbotham Real Estate Team Offers Buy-Rent-Manage Services to Investors

by Hickinbotham Real Estate Team

You may not realize that the Hickinbotham Real Estate Team not only offers homebuyers help in buying the home they're going to live in, but we also offer assistance to novice and experienced real estate investors who are looking for income-generating properties, but don't want the hassle of managing them. Whether you want to invest in residential, commercial or farm properties, we can help!

According to the U.S. Census, due to the uncertain job market, the number of rental homes in this country is increasing. This combination of increased demand for rentals, low home prices, and good interest rates, is making income-generating rental properties one of the best investments available.

Hickinbotham Real Estate can help investors find and purchase great income-producing properties in the St. Clair area. Once the investmentis made, our service doesn't end, however, as we can also find and thoroughly screen prospective tenants, and prepare the necessary legal documents to complete the rental process. Once tenants are in place, our Property Management Division can manage the property, while keeping the owner completely informed of how things are going with their investment.

Currently, our Property Management Division manages over 200 properties in the Franklin County area. Let us show you how we're helping other real estate investors buy, rent, and professionally manage residential, commercial and farm properties to create an ongoing monthly income.

We also offer a rent-to-own/lease option-to-purchase program. With this, the property's sales price is set and a monthly payment schedule for the tenant is put into place. Now the rent-to-own tenant is able to rebuild their credit while building equity in the property, which will eventually allow them to qualify for a conventional mortgage. And Hickinbotham Real Estate can manage every aspect of these transactions.

Let the Hickinbotham Real Estate Team and our Property Management Division help you become a real estate investor with a monthly income generated by your own rental properties. Call me, Scott Hickinbotham, at 636-629-3419 or contact me online today.

 

Can I Improve my Credit Score Before I Shop for that St. Clair Dream House?

by Hickinbotham Real Estate Team

A little while back, we discussed here about how you can obtain a credit report to see why your credit is what it is before you go shopping for your St. Clair dream house. Another number you will need to know is your credit score.                                                                                                   

To find out what your credit score is go to CreditKarma, where you can obtain a free credit score at any time. This way you'll be able to monitor your score to see if it's going down (Bad News) or up (Good News). A score of 720 or above is considered "good" but anything above that is even better!

If you're planning to buy a St. Clair house, the better your credit score the lower the interest rate you'll be able to get on your mortgage and the easier it will be to find a lender willing to lend to you. So before you attempt to obtain a mortgage at a great rate, find out your credit score and, if need be, improve it.

Here are some proven ways to get your credit score to a higher level:

1. Monitor your credit score so you can see where it's at.

2. Pay down your debt so your debt-to-credit ratio is low.

3. Make your payments on time, every time.

4. If you sometimes accidentally miss payments, consider setting up automatic payment reminders to help stop missed payments.

5. Use the Credit Simulator at Credit Karma to simulate certain financial transactions, such as getting a new credit card, increasing the credit limit on a card, or even missing a payment, to see how these actions will affect your credit score.

6. If you use credit cards, choose one to use for regular purchases and pay the complete balance off each month. Save your other cards for emergencies.

Good financial behavior and time are the most important factors in improving your credit score.  Then, when you're ready to buy or sell a home in the St. Clair area, give me, Scott Hickinbotham, a call at 636-629-3419 or contact me online. I'm ready to help make St. Clair a great place for you to live.

 

 

Start Your Own Family Christmas Tradition at the Heritage Valley Tree Farm

by Hickinbotham Real Estate Team

If you're lucky enough to live in the St. Clair area, or maybe you're thinking of moving here, this is a great time of year! Many folks these days love to have a traditional Christmas tree in their homes, and a great place to find one nearby is at the Heritage Valley Tree Farm at 1668 Four Mile Road near Washington.

The Heritage Valley Tree Farm is actually a tree farm and a bed and breakfast, although the farmhouse is closed to overnight visitors during December and is instead wearing its festive Christmas splendor while offering hot chocolate, apple cider and fresh-baked cookies to those visitors coming out and selecting Christmas trees.

The tree farm offers Canaan Firs from 6 to 8 feet tall at $6.50 to $8 per foot or White Pines from 6 to 8 1/2 feet tall for $6 per foot. All trees that are ready to be a Christmas tree this season are tagged with their height and price to make it easier for tree hunters to visualize the tree in their own homes. They always seem to look a lot smaller out in the field than they do when you get them in your house!

Saws are provided so you can cut down your own tree and you get to ride out to the tree fields and back in farm wagons. Wreaths and greenery are also available for sale.

The 75-acre working Heritage Valley Tree Farm near St. Clair has been family-owned now for over 100 years. The first evergreens were planted in the spring of 1983. The farm also has an apple orchard and a pecan grove, both of which offer a supply of lovely fruit and nuts to fall visitors.

If you and your family would like to start a tradition of cutting your own Christmas tree, a trip to the Heritage Valley Tree Farm may be just what you're looking for! See their website for maps and driving directions. They can be reached by phone at 636-239-7479 or by email at hv@yhti.net if you have other questions. Christmas hours are every weekend in December through 12/18/11 from 10 am till 5 pm.

Even though the holidays are getting near, it's always a good time to buy or sell a home in St. Clair. If you're interested in moving to our great St. Clair area, or if you're already living here and need help buying or selling a home, I can help! Please contact me, Scott Hickinbotham, at 636-629-3419 or online.     

 

Help Make Sure Your Credit is Secure by Obtaining a Free Credit Report

by Hickinbotham Real Estate Team

Do you ever wonder what your credit is like? If you're thinking about going house hunting in the St.Clair area, this might be a good time to find out what your credit report has to say. State and Federal laws entitle you to receive this disclosure copy of your credit file.

First, let's learn exactly what a credit report is. As a consumer, your credit file is maintained by different consumer reporting companies. By obtaining a credit file disclosure, or credit report, you will be able to see what information is being disclosed to certain parties, such as a lender if you're attempting to get a loan to buy a home, when they request a consumer report about you.

You'll also be able to see what companies have gotten your consumer report from the consumer reporting company (also known as inquiries) within a certain period of time. These may include pre-approved offers for credit cards or insurance. The credit report will also show you if there is any medical account information which is not shown to these third-party consumer report users.

Why is it important to see your credit report? One of the main reasons is to combat identity theft by keeping track of your credit report. If your credit report shows actions being taken that you did not authorize, an identity thief may be attempting to use your credit.

You can obtain one free credit report a year from these three nationwide consumer credit reporting companies: Equifax, Experian and TransUnion. To help you get your free credit reports, these companies have created a centralized service for you to go to and request your free credit reports.

This service is called AnnualCreditReport.com, and you can get your free credit report from each of the three companies mentioned above for free, once every 12 months, either online, by phone or by mail. You can order all three at once to make it easy to compare them, or spread it out over time to keep an eye on things all year long. For example, you might order a credit report from Equifax in January, from Experian in May, and from TransUnion in September -- in other words every four months, which lets you monitor your credit report all year long, at no cost to you.

For your own peace of mind, why not check out your credit report, especially if you're hoping to buy a home in the near future. If you want to move to the great St. Clair area, or if you're already here and need help buying or selling a home, I can help! Please contact me, Scott Hickinbotham, at 636-629-3419 or online. Let's make St. Clair a great place to call home.

Displaying blog entries 1-4 of 4

Contact Information

Photo of Hickinbotham Real Estate Team Real Estate
Hickinbotham Real Estate Team
Scott Hickinbotham
862 S. Outer Rd.
St. Clair MO 63077
Scott: (636) 399-2296
Office: (636) 629-3419
Fax: 636-629-4462