O'Fallon, Scott Air Force Base and Belleville real estate and homes for sale in Illinois - Susan and David Holden, REALTOR® REALTOR® Logo - NUMBER1EXPERT NUMBER1EXPERT™ Logo
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Susan and David Holden

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    Feature Property - 1119 Red Hawk Ridge Lane $279,900  REDUCED!!!
1119 Red Hawk Ridge

Address:   1119 Red Hawk Ridge Lane    City/ST:   OFallon, IL   Zip Code:   62269  
Location:   O'Fallon IL   Property Type:   Single Family Home   New or Resale:   Resale   
Square Footage:   3263   Bedrooms:   5   Bathrooms:   3 full, 5 half  
MLS#   2907207  

Desirable Windermire Ridge 2 story with 9 foot ceilings on main level and in walkout basement. Gourmet delight kitchen w/ stainless appliances opens to inviting family room with gas log fireplace. Breakfast area walks out to deck. Great finished space in lower level, bonus 4th bay in garage for tandem parking, security system, central vac, luxury master suite with whirlpool tub, separate shower & double vanity. Wonderful home--space for everyone located in a great neighborhood near new park and I-64 Exit14



Last Updated: 6/10/2010 6:05:25 PM

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Real Estate Tips
Real Estate Contracts >Purchase Agreements

Whether it consists of several pages of big type or a few pages of fine print, a real estate purchase agreement is a serious, legally binding document. In most areas, there are "boiler plate" forms that spell out what each party agrees to do by certain dates and what happens if either side breaks the contract.

The best time to familiarize yourself with these forms is when you are beginning your search. Ask the real estate agent for a copy of the purchase agreement and then review it, keeping in mind that it has the force of law. If you don't understand the document, consult an attorney. If there is a dispute between buyer and seller, a court will hold you to what the purchase agreement specifies, not what you thought it meant or what you thought the real estate agent said it meant.

There are several key points you should be clear about. What are the deadlines for loan application and obtaining financing? If you decide to back out because of the structural inspection report, can you do that? Do appliances convey? When will the closing take place? If you understand these clauses before you find the perfect house, you will avoid a lot of stress and minimize the likelihood of misunderstandings.

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Real Estate Trivia
Q 
What is a "jumbo mortgage"?

A 
The term "jumbo mortgage" currently refers to a mortgage loan in excess of $359,650, although the threshold amount may change as the market fluctuates.
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Susan and David Holden, REALTOR®, real estate agent and broker for O'Fallon, Scott Air Force Base and Belleville, Illinois home listings, property and land for sale - NUMBER1EXPERT

Susan and David Holden Broker/Owners
RE/MAX Preferred

1668 Windham Way - Lakepointe Centre
O'Fallon, IL 62269
618-531-4887
Fax: 618-624-8927
DavidHolden@remax.net

Thank you for visiting us at www.ofallonrealestate.com we look forward to assisting you in your home buying or selling needs. We believe in a "hands on" approach to Real Estate, this is why you will deal only with us during your transaction. This allows us to manage all aspects and react to changes quickly. Please do not hesitate to contact us for more details

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