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Hermann London was extremely easy to work with. I've recommended them to family members in St. Louis as well.
- Charles B.

My agent with Hermann London was friendly, easy to work with, and very helpful. She made the whole process painless because I was always informed.
- Stephanie B.

Hermann London is the most technology savvy real estate brokerage I've had the opportunity to work with.
- Greg I.

“My agent navigated the sale of a condo unit in my development with professionalism and ease. During a time of increases complexity involved with condo sales they were a great asset.”
- Mark K.

“Our agent worked tirelessly until he found the perfect house for us. I knew they had been listening carefully when he suggested our current home. It was exactly what I had been describing”
- Mary Pat C.

“Hermann London agents are go-getter's with plenty of energy and a positive can-do attitude. Simply put, they will get it done.”
- Steve B.

“Our Hermann London Realtor has a great ability to see solutions to the problem at hand. He is also a man of character that delivers with timeliness and effectiveness”
- Bryan V.

“I hired Hermann London to sell a property that was close to foreclosure. They kept me in the loop and quickly found a buyer in a down economy.”
- Kyle K.

"Thank You for all that you have done for us! Your referrals, your guidance, your persistence, and your personal yet professional approach is greatly appreciated!"
- Scott & Ann

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Foreclosed Homes

In a July 25, 2008 article in the St. Louis Post Dispatch it was reported that foreclosures in the St. Louis metropolitan area surged over 77% in the second quarter compared to a year ago. There were 6,357 homes in the St. Louis area that received at least 1 foreclosure notice in the 2nd quarter, which is one in every 192 households. St. Louis' foreclosure rate ranked 46th out of the 100 biggest metropolitan areas. This means that the number of foreclosed homes that you will have to choose from will be very long. A strong benefit to buy a foreclosed home is due to pass through Congress this week giving people who purchase a foreclosed home a $7,000 tax credit.

Foreclosure signs continue to pop up in all areas of St. Louis, houses that once cost well over $500,000 can be purchased for $300,000 or less! Agents predict this trend will continue through the end of this year so NOW is the time to act!

Some skeptics think the Fed is going to bail out home owner's facing foreclosure, they'd better think again. In a Wall Street Journal article last month, it was reported that the State Foreclosure Prevention Working Group, comprised of banking regulators and 11 state attorneys general, found that 7 out of 10 homeowners who are seriously delinquent on their mortgage payments are not on track to receive any kind of help with their payment troubles. The rising number of delinquent loans isn't allowing lenders to stay on top of their loss mitigation efforts. This means the market will continue to be flooded with more affordable attractive houses.

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