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webuyhousesstlouisfast · 1 year ago
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Sell Your Home Fast in St. Louis: A Guide to Cash Buyers
Are you a St. Louis homeowner looking to sell your property quickly and hassle-free? Selling to a local cash home buyer may be the solution.
Cash buyers allow you to sell your house fast, as-is, without paying hefty realtor fees or commission. You can get a competitive cash offer in days, then close on your own timeline.
In this guide, we’ll explain:
How cash buyers work
The top benefits of selling for cash
What types of homes cash buyers purchase
Things that may increase your offer
Expert tips to maximize your payout
Missteps to avoid during the process
Whether you inherited a home, are relocating, or just want to sell quickly, partnering with a local cash buyer can streamline the entire process.
How Do Cash Home Buyers Work?
Cash home buyers have become increasingly popular in recent years. Here's an overview of how they work:
You contact local cash buyers and provide details about your property.
The buyer will schedule a time to visit and evaluate your home’s condition.
Usually within 1-3 days, the buyer presents a fair, no-obligation cash offer to purchase your home as-is.
If you accept, you pick a closing date that works for your schedule.
On closing day, you sign over the deed & receive the full cash payment on the spot.
It's a fast and convenient way to sell without the steps of listing through an agent. Now let's explore the key benefits...
Top 5 Benefits of Selling Your House For Cash
Ditching the traditional route for a cash buyer offers many perks:
1. Sell As-Is
No need to invest time and money into repairs, painting, or intense cleaning. Cash buyers purchase homes in their current condition.
2. Bypass Realtor Fees
You can avoid paying commissions of 5-6% by selling directly to a cash buyer instead of an agent. This saves thousands of dollars.
3. Quick Process
Instead of waiting months or years for the right offer, you can get a cash deal done in as little as 10 days in many cases.
4. You Control the Timeline
Once you accept the cash offer, you determine the ideal closing date based on your needs.
5. No Uncertainty
Cash deals have fewer contingencies, backed-out offers, and other stressors that can stall traditional sales.
Selling for cash helps maximize your profit while minimizing the work and uncertainty.
What Types of Properties Do Cash Buyers Want?
One huge benefit of cash buyers is they purchase a wide variety of houses - not just updated, perfect homes. Some examples of properties cash buyers will purchase:
Older homes needing renovations
Homes with structural damage or foundation issues
Rental properties with tenants
Houses going through foreclosure
Vacant homes/abandoned properties
Homes that need extensive cleaning/junk removal
Fire damaged or flooded houses
Homes with title/ownership challenges
And more!
There are very few homes cash buyers won’t consider buying. They expect to renovate places from top to bottom before selling or renting.
Tips to Potentially Increase Your Cash Offer
Remember, cash buyers purchase homes as-is. But if you want to potentially maximize your offer, consider these tips:
Make minor repairs like leaky faucets or broken windows
Clean out clutter and make rooms appear larger
Have a lawncare service mow/maintain the yard
Clear any trash or junk from the property
Paint over offensive graffiti inside
Remove valuables so home appears empty
Taking some steps to have your home “show ready” can result in a better offer when the buyer visits. But this is absolutely not required.
Mistakes to Avoid When Selling Your House For Cash
To ensure the sale goes smoothly, be aware of these common missteps:
Not verifying the buyer is properly licensed
Allowing a buyer to take early occupancy before closing
Skipping the inspection or legal contract review
Taking the first offer that comes in without comparison shopping
Agreeing to “rent back” your home without protections
Assuming there are no fees - get it in writing!
Ignoring red flags about a shady buyer
Doing your due diligence avoids headaches when selling for cash. Now let’s look at common questions...
Answers to FAQs About Selling Your St. Louis Home For Cash
How long does it take to get a cash offer on my house?
A local cash buyer can usually provide an initial offer within 24-48 hours. Offers may come back even faster.
What will the cash offer be based on?
Buyers will assess the home’s condition, features, recent comparable sales, and market factors to determine a fair cash price.
Are there any fees if I sell my home for cash?
Nope! Reputable cash buyers cover all closing costs and there are no extra fees or commissions the seller pays.
Do I have to agree to the first offer I receive?
Not at all. Shop around with multiple buyers to maximize your payout. And never feel pressured to accept an offer.
When will I get my payment if I sell for cash?
Full payment is made on the closing date, at the same time you sign over the deed and title. Expect funds within days or weeks.
Can I sell my home if I still have a mortgage?
Yes, cash buyers can pay off any remaining mortgage balance owed as part of the transaction. This eliminates future payments.
Get a Serious Cash Offer for Your St. Louis Home
Selling your property directly to a local cash buyer simplifies the entire process. You can get a solid offer in days, close on your timeline, avoid showings and repairs, and eliminate agent fees.
To get started, contact us today to learn more about our easy process for helping St. Louis homeowners sell fast and hassle-free!
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webuyhousesstlouismoteam · 9 months ago
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We Buy Houses St. Louis
Sell Your St. Louis Home Fast For Cash
Are you looking to sell your St. Louis home quickly and easily? More and more homeowners are ditching the traditional MLS route and opting to sell directly to a local cash buyer instead.
Selling your house through a cash home buyer eliminates the need for repairs, open houses, paying agent commissions, and waiting months for a qualified buyer. You can get a competitive cash offer within days and close on your own timeline.
In this comprehensive guide, we’ll explain:
How the cash home buying process works
The benefits of selling to a cash buyer
What types of properties cash buyers purchase
Tips for maximizing your payout
Mistakes to avoid
Answers to frequently asked questions
And much more! Whether you need to sell fast due to relocation, avoiding foreclosure, downsizing, or other reasons, selling to a local cash home buyer can help streamline the process.
Why Sell Your House For Cash?
Selling through a real estate agent sounds nice in theory. But between preparing your home for open houses, negotiating with buyers, and paying commissions, it often becomes a nightmare.
Cash home buyers take all of those headaches out of the equation so you can sell quickly and efficiently.
Here are some of the biggest benefits of selling your St. Louis home for cash:
Avoid hefty realtor fees - Cash buyers don't charge any commissions or fees, saving you thousands.
Sell as-is - No need to invest time and money into repairs or cleaning. Sell in the home's current condition.
Control the timeline - Once you accept the cash offer, you pick the closing date that works for you.
No open houses - Skip the hassle of prepping your home and having strangers walk through.
We buy any property - Including old, damaged, inherited, behind on payments, and more.
Quick access to cash - The payment goes directly to you at closing within weeks, not months.
Selling to a cash buyer simplifies the process so you can move on quickly, in as little as 10 days in many cases.
How the St. Louis Cash Home Buying Process Works
Curious how selling your home for cash comes together? Here’s an overview of the simple and straightforward process:
Step 1 - Property Assessment
A cash home buyer will schedule a time to visit and assess your St. Louis property. They will evaluate its conditions, features, and overall market value. No need to clean or prepare your home first!
Step 2 - Cash Offer Made
Usually within 24-48 hours of evaluating your home, the cash buyer will present their no-obligation all-cash offer. This offer will reflect fair market value based on comparable sales and the home's current state.
Step 3 - Accept Offer & Pick Closing Date
If satisfied with the offer, just sign the contract! Once you accept the offer, you then choose the ideal closing date that fits your needs and schedule.
Step 4 - Hassle-Free Closing Process
On closing day, you simply sign over the deed and collect the payment due to you. It's that easy! Cash buyers handle all the closing logistics and details for you.
Selling for cash lets you avoid the typical home selling headaches and have more control. Now let’s look at what kinds of properties cash buyers purchase...
Types of Homes Cash Buyers Purchase in St. Louis
One huge benefit of selling to a cash buyer is their flexibility. They purchase all kinds of properties - not just modern homes in pristine shape.
Some examples of homes that cash buyers will buy:
Fixer uppers needing major or minor renovations
Older homes from the 1960s/1970s/etc.
Fire damaged or flooded properties
Abandoned and vacant houses
Homes with outdated kitchens and bathrooms
Houses with inherited title issues
Rental properties with tenants
Properties going through foreclosure
Hoarder homes requiring cleaning
And more!
There are very few houses that most cash buyers won't purchase in the St. Louis area, as long as they are structurally sound. Remember, they intend to renovate and repair properties before reselling them.
You don’t have to waste time and money trying to get your home in perfect shape before the sale. The cash buyer will take care of repairs themselves later on.
Now let’s look at tips for ensuring you maximize the offer...
Tips For Getting the Highest Offer From a St. Louis Cash Buyer
Even though cash buyers purchase properties as-is, who couldn’t use a little extra cash in their pocket? Here are tips that may help boost your offer:
Declutter and remove excess furniture
Make minor DIY repairs when possible
Clean home to get rid of foul odors or messes
Cut grass/trim bushes for curb appeal
Paint over any graffiti/offensive artwork
Fix leaky faucets, damaged walls, broken appliances
Ensure all home appliances are present
Address any code violations if possible
Again, completing updates and repairs is not at all required to sell to a cash buyer. But taking a few steps to make your home more appealing could potentially result in a higher offer amount!
Mistakes To Avoid When Selling Your House For Cash
The cash home buying process is designed to be hassle-free. However, here are some common mistakes sellers make:
Not verifying the buyer's licenses and credentials
Skipping a lawyer review of the purchase contract
Not confirming there are no hidden fees or costs
Failing to read the fine print in the contract
Accepting early occupancy before closing & payment
Not comparing offers from multiple buyers
Taking the first offer that comes in without shopping around
Being aware of these pitfalls will help ensure a smooth transaction. Protect yourself and your investment by finding an established, reputable cash home buyer in St. Louis.
Frequently Asked Questions From St. Louis Home Sellers
What will your cash offer be based on?
Reputable cash buyers will assess comparable sales and market value along with your home’s condition to make a fair cash offer amount.
How long does it take to get a cash offer?
Expect an offer within 24-48 hours in most cases. The fastest cash buyers can sometimes make an offer after the initial walkthrough.
Are there any fees if I accept a cash offer?
Nope! There are never any extra fees or commissions to the seller with a cash offer. You pay nothing out of pocket.
When will I get my payment if I accept?
The agreed-upon amount will be paid at the closing when you sign over the deed. Expect funds within days or weeks, not months.
What if I need more time before closing?
No problem! Once you accept the offer, work with the buyer to determine a closing date that fits your needs, whether it's 2 weeks or 2 months out.
What if there are liens against the property?
Cash buyers can purchase properties with outstanding liens. The lien amount will simply be deducted from your final proceeds at closing.
Do I need to make repairs before selling for cash?
Nope! Cash buyers expect to take on repairs themselves later on. You don't have to prep or renovate the property before selling.
Get a Fair Cash Offer on Your St. Louis Home
Selling your house through a cash buyer eliminates the need for showings, open houses, expensive repairs, and months of waiting for the right offer.
You can get a competitive cash offer within just days for your St. Louis home in any condition. There are no fees or commissions, and you have control over the closing timeline.
To get started and see how much cash we can offer for your home, contact us today! Our simple process makes selling for cash easier than ever.
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cashforhousesstlouismo · 2 years ago
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How out-of-state companies are buying up homes and changing the St. Louis area market
For the past half-century, couples and families from all over have flocked to Courtyard Place in north St. Louis County for their very own version of the American Dream: owning a brick, ranch-style home nestled among tall trees and wraparound sidewalks as part of 900 homes Pleasant Hollow subdivision. Now, many out-of-state companies are joining them on Shackelford Road near Florissant and embracing their own dreams with this vibrant neighborhood community. Unfortunately, during the Great Recession many of these homes fell into foreclosure. Subsequently, the area attracted real estate investors from out-of-state companies like Ohio's VineBrook Homes and Austin's Main Street Renewal as well as private equity firms such FirstKey Homes. As a result of this influx in investment, today only two remaining houses on Courtyard Place are owned by its original residents. Out of the 14 that remain, five are owned by small investors while nine properties belong to large out-of-state companies. Our recent analysis of St. Louis, St. Charles County and St. Louis County real estate records uncovered that up to 34,000 single-family homes are likely investor owned today! In the counties mentioned, 6.4% of single-family housing stock is subject to landlords - an astonishing number that has doubled in a decade's time! This concentration is most noteworthy in South City, North County and O'Fallon area of St. Charles county respectively. These mom-and-pop landlords generally own one or two properties. Moreover, a considerable portion of residences are owned by leading out-of-state companies that possess hundreds and thousands of houses pervading the area. Businesses often purchase standard and cost-effective houses, the same kind sought after by first time homebuyers. To maximize their capital, they buy multiple dwellings in one transaction; up to a hundred or more! The Great Recession sparked a revolution in the local housing market – as investor-owned homes have taken over, competition has risen to an all-time high. Homebuyers are now being forced to pay above asking prices and waive contingencies and repairs just to close on their ideal home; while renters experience yearly rent hikes with little assistance from landlords when it comes time for necessary repairs. As these real estate giants become more dominant, some North County neighborhoods are considering taking action by limiting their presence in order to level out the playing field of residential opportunities available. “You’re just taking away future wealth from people,” said Hazelwood resident Jean Dantzler, who lives next to a rental house owned by an out-of-state company. “They should be able to go and buy a home and not have to bid against all of these companies.” Boasting millions of dollars in funding and advanced technology that allows them to reduce the process of purchasing, renovating, and leasing properties down to a precise algorithm, these companies are able to buy more homes at an even faster rate than individual buyers or local real estate investors. Industry professionals report that the local market has seen a decline in inexpensive accessible homes. And, with rising mortgage rates many worry first-time homebuyers are holding off on their purchases, and thus sacrificing potential financial gains. Over the last 10 years, the number of homeowners in St. Louis, St. Louis County and St. Charles County has noticeably decreased. The largest drop occurred in St. Louis County which dropped almost 5 percent to 71.5% according to data released by the U.S Census Bureau for Q1 2020 - a staggering statistic that speaks volumes about current trends in home ownership across these areas!
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posttexasstressdisorder · 15 days ago
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How Trump's billionaires are hijacking affordable housing
Thom Hartmann
October 24, 2024 8:52AM ET
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Republican presidential nominee and former U.S. President Donald Trump attends the 79th annual Alfred E. Smith Memorial Foundation Dinner in New York City, U.S., October 17, 2024. REUTERS/Brendan McDermid
America’s morbidly rich billionaires are at it again, this time screwing the average family’s ability to have decent, affordable housing in their never-ending quest for more, more, more. Canada, New Zealand, Singapore, and Denmark have had enough and done something about it: we should, too.
There are a few things that are essential to “life, liberty, and the pursuit of happiness” that should never be purely left to the marketplace; these are the most important sectors where government intervention, regulation, and even subsidy are not just appropriate but essential. Housing is at the top of that list.
A few days ago I noted how, since the Reagan Revolution, the cost of housing has exploded in America, relative to working class income.
When my dad bought his home in the 1950s, for example, the median price of a single-family house was around 2.2 times the median American family income. Today the St. Louis Fed says the median house sells for $417,700 while the median American income is $40,480—a ratio of more than 10 to 1 between housing costs and annual income.
ALSO READ: He’s mentally ill:' NY laughs ahead of Trump's Madison Square Garden rally
In other words, housing is about five times more expensive (relative to income) than it was in the 1950s.
And now we’ve surged past a new tipping point, causing the homelessness that’s plagued America’s cities since George W. Bush’s deregulation-driven housing- and stock-market crash in 2008, exacerbated by Trump’s bungling America’s pandemic response.
And the principal cause of both that crash and today’s crisis of homelessness and housing affordability has one, single, primary cause: billionaires treating housing as an investment commodity.
A new report from Popular Democracy and the Institute for Policy Studies reveals how billionaire investors have become a major driver of the nationwide housing crisis. They summarize in their own words:
— Billionaire-backed private equity firms worm their way into different segments of the housing market to extract ever-increasing rents and value from multi-family rental, single-family homes, and mobile home park communities. — Global billionaires purchase billions in U.S. real estate to diversify their asset holdings, driving the creation of luxury housing that functions as “safety deposit boxes in the sky.” Estimates of hidden wealth are as high as $36 trillion globally, with billions parked in U.S. land and housing markets. — Wealthy investors are acquiring property and holding units vacant, so that in many communities the number of vacant units greatly exceeds the number of unhoused people. Nationwide there are 16 million vacant homes: that is, 28 vacant homes for every unhoused person. — Billionaire investors are buying up a large segment of the short-term rental market, preventing local residents from living in these homes, in order to cash in on tourism. These are not small owners with one unit, but corporate owners with multiple properties. — Billionaire investors and corporate landlords are targeting communities of color and low-income residents, in particular, with rent increases, high rates of eviction, and unhealthy living conditions. What’s more, billionaire-owned private equity firms are investing in subsidized housing, enjoying tax breaks and public benefits, while raising rents and evicting low-income tenants from housing they are only required to keep affordable, temporarily. (Emphasis theirs.)
It seems that everywhere you look in America you see the tragedy of the homelessness these billionaires are causing. Rarely, though, do you hear about the role of Wall Street and its billionaires in causing it.
The math, however, is irrefutable.
Thirty-two percent is the magic threshold, according to research funded by the real estate listing company Zillow. When neighborhoods hit rent rates in excess of 32 percent of neighborhood income, homelessness explodes. And we’re seeing it play out right in front of us in cities across America because a handful of Wall Street billionaires are making a killing.
As the Zillow study notes:
“Across the country, the rent burden already exceeds the 32 percent [of median income] threshold in 100 of the 386 markets included in this analysis….”
And wherever housing prices become more than three times annual income, homelessness stalks like the grim reaper. That Zillow-funded study laid it out:
“This research demonstrates that the homeless population climbs faster when rent affordability — the share of income people spend on rent — crosses certain thresholds. In many areas beyond those thresholds, even modest rent increases can push thousands more Americans into homelessness.”
This trend is massive.
As noted in a Wall Street Journal article titled “Meet Your New Landlord: Wall Street,” in just one suburb (Spring Hill) of Nashville:
“In all of Spring Hill, four firms … own nearly 700 houses … [which] amounts to about 5% of all the houses in town.”
This is the tiniest tip of the iceberg.
“On the first Tuesday of each month,” notes the Journal article about a similar phenomenon in Atlanta, investors “toted duffels stuffed with millions of dollars in cashier’s checks made out in various denominations so they wouldn’t have to interrupt their buying spree with trips to the bank…”
The same thing is happening in cities and suburbs all across America; agents for the billionaire investor goliaths use fine-tuned computer algorithms to sniff out houses they can turn into rental properties, making over-market and unbeatable cash bids often within minutes of a house hitting the market.
After stripping neighborhoods of homes young families can afford to buy, billionaires then begin raising rents to extract as much cash as they can from local working class communities.
In the Nashville suburb of Spring Hill, the vice-mayor, Bruce Hull, told the Journal you used to be able to rent “a three bedroom, two bath house for $1,000 a month.” Today, the Journal notes:
“The average rent for 148 single-family homes in Spring Hill owned by the big four [Wall Street billionaire investor] landlords was about $1,773 a month…”
As the Bank of International Settlements summarized in a 2014 retrospective study of the years since the Reagan/Gingrich changes in banking and finance:
“We describe a Pareto frontier along which different levels of risk-taking map into different levels of welfare for the two parties, pitting Main Street against Wall Street. … We also show that financial innovation, asymmetric compensation schemes, concentration in the banking system, and bailout expectations enable or encourage greater risk-taking and allocate greater surplus to Wall Street at the expense of Main Street.”
It’s a fancy way of saying that billionaire-owned big banks and hedge funds have made trillions on housing while you and your community are becoming destitute.
Ryan Dezember, in his book Underwater: How Our American Dream of Homeownership Became a Nightmare, describes the story of a family trying to buy a home in Phoenix. Every time they entered a bid, they were outbid instantly, the price rising over and over, until finally the family’s father threw in the towel.
“Jacobs was bewildered,” writes Dezember. “Who was this aggressive bidder?”
Turns out it was Blackstone Group, now the world’s largest real estate investor run by a major Trump supporter. At the time they were buying $150 million worth of American houses every week, trying to spend over $10 billion. And that’s just a drop in the overall bucket.
As that new study from Popular Democracy and the Institute for Policy Studies found:
“[Billionaire Stephen Schwarzman’s] Blackstone is the largest corporate landlord in the world, with a vast and diversified real estate portfolio. It owns more than 300,000 residential units across the U.S., has $1 trillion in global assets, and nearly doubled its profits in 2021. “Blackstone owns 149,000 multi-family apartment units; 63,000 single-family homes; 70 mobile home parks with 13,000 lots through their subsidiary Treehouse Communities; and student housing, through American Campus Communities (144,300 beds in 205 properties as of 2022). Blackstone recently acquired 95,000 units of subsidized housing.”
In 2018, corporations and the billionaires that own or run them bought 1 out of every 10 homes sold in America, according to Dezember, noting that:
“Between 2006 and 2016, when the homeownership rate fell to its lowest level in fifty years, the number of renters grew by about a quarter.”
And it’s gotten worse every year since then.
This all really took off around a decade ago following the Bush Crash, when Morgan Stanley published a 2011 report titled “The Rentership Society,” arguing that snapping up houses and renting them back to people who otherwise would have wanted to buy them could be the newest and hottest investment opportunity for Wall Street’s billionaires and their funds.
Turns out, Morgan Stanley was right. Warren Buffett, KKR, and The Carlyle Group have all jumped into residential real estate, along with hundreds of smaller investment groups, and the National Home Rental Council has emerged as the industry’s premiere lobbying group, working to block rent control legislation and other efforts to control the industry.
As John Husing, the owner of Economics and Politics Inc., told The Tennessean newspaper:
“What you have are neighborhoods that are essentially unregulated apartment houses. It could be disastrous for the city.”
As Zillow found:
“The areas that are most vulnerable to rising rents, unaffordability, and poverty hold 15 percent of the U.S. population — and 47 percent of people experiencing homelessness.”
The loss of affordable homes also locks otherwise middle class families out of the traditional way wealth is accumulated — through home ownership: over 61% of all American middle-income family wealth is their home’s equity.
And as families are priced out of ownership and forced to rent, they become more vulnerable to homelessness.
Housing is one of the primary essentials of life. Nobody in America should be without it, and for society to work, housing costs must track incomes in a way that makes housing both available and affordable.
Singapore, Denmark, New Zealand, and parts of Canada have all put limits on billionaire, corporate, and foreign investment in housing, recognizing families’ residences as essential to life rather than purely a commodity. Multiple other countries are having that debate or moving to take similar actions as you read these words.
America should, too.
ALSO READ: Not even ‘Fox and Friends’ can hide Trump’s dementia
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tea-with-evan-and-me · 1 year ago
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I'm at a bar in St. Louis with my bestie. I'm visiting her from Michigan and I've been here several times. We are at a standing only table, but there's a huge crowd of people. I am wearing a white tank top and jeans. My hair is up with some strands of hair framing my face. I feel cute. But really I'm here cause my friend needed a break from her 2 kids and she's also so fucking fun to drink with.
"I'm wearing white tonight. Something is bound to happen" I say
My friend Dee laughs and says "remember that time the waitress ran into you carrying BBQ?"
"Yup". I sigh.
The universe was listening cause like clockwork I drop my purse, bend over to pick it up, and stand up. And the next thing I know there is a red colored drink all over my white shirt. I freeze in place and look up flustered to a very ruggedly handsome guy literally freaking out.
"Oh my God I'm so, so sorry. I am so sorry." He says. He looks close to tears.
"No, no, no please don't worry. Do not worry, please. It's a shirt. I am not worried about it. It's a shirt", I repeat.
He's breathing heavy but he stops and says "let me at least give you some cash for dry cleaning or something."
I say "that's not necessary", but also looking at him funny. "Why do you look so fucking familiar....oh shit, you're fucking kidding me" I say with realization.
He actually chuckles and says "ok, there it is. Do you want a picture with me and my masterpiece?"
I laugh hard and reply "no that's ok, I will just go home and sell it on eBay" His face drops. I say "no, no just kidding. But, I will frame it." We both smile and chuckle.
"Can I buy you a drink?" He asks
"No, please don't worry at all. Not necessary" I reply
He says " Well I'm so sorry again..I hope you have a better night and sorry if I hinder you from getting numbers tonight"
I laugh "at least it's a good icebreaker"
He smiles and does a cute little half wave and walks up to a guy at the bar. I assume a friend he is with.
A bit later my drink has been drunk and my friend wants another Highlife. I leave her at the table and walk up to the bar. I order our drinks as Snow Patrols "called out in the dark" starts playing. Waiting for our drinks I start dancing along and singing. I hear a voice behind me.
"can I add a vodka cranberry to that order, please?"
I turn around ready to ask who the fuck is adding to my order and Evan is standing behind me.
"Ah, vodka cranberry. Been trying to figure that out" I smile.
Evan pays for our drinks without asking me.
"I like this song" he says. Having seen me dancing along.
I remember it came out when murder house was on TV cause it reminded me of him. I shiver.
"You ok?"
"Yea, hey thanks for the drinks! Wanna come sit with us? We don't bite. Well, unless you want us to" I say coyly.
His nervous laugh is fucking adorable.
(will be continued when I have more time!!)
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kennyfischerconsulting · 3 months ago
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WHITEY AND ROSE
Chaim Whitney (Whitey) Sall was another fantastic stroke of luck for me in my life and career.  Circa 1968, Benny bought Whitey’s company – Western Non-Ferrous Metals.  It was a metals trading company located in West Los Angeles.  I think Ben bought Whitey’s company for Whitey’s knowledge and reputation plus his export experience and business.  Whitey’s father owned Girard Smelting and Refining, the second largest copper refinery in the US before the Great Depression. Whitey and his brothers all worked at Girard and received a metals education second to none in that part of the business.  I need to digress for one minute to say that in 50 years of business, I have never seen a business more complex than the metals business; from mining to melting/smelting/refining, to manufacturing and then back to recycling.  I left the business as President of the biggest gorilla around and I am sure I didn’t know 15% of the complexities of the industry, versus 10 years in the Auction industry was really 2 years 5 times over. Whitey and his brothers all went on to become experts and very successful in various segments of the metals industry.
 Ben also bought the Ted Sall Metals Company and the George Sall Metals Company. Teddy was the smartest since he was the only one to sell for cash instead of stock. According to Whitey, the Sall brothers were always very competitive amongst each other trying to prove who knew the most about the business to their dad.  Girard went BK during the Depression, but the boys were well educated.  Whitey went to the Wharton in Philly, the Sall’s hometown.  During his career working for his dad, Whitey would board a train and take cross country buying trips.  Since there was no telex, text, or email, stopping in major cities, visiting the big Jewish junk dealers in the town, buying, and calling in the purchases daily to Girard, usually having dinner at one of the dealer’s houses before getting back on the train to continue to the next city was the way it was done.  Ironically, the hosts usually had daughters of marriage age, and their dad could think of nothing better than this tall, handsome, rich young Jewish man at the dinner table for his daughter. This scenario finally caught up with Whitey one day in Los Angeles. Misha Berg, owner of Berg Metals (the largest non-ferrous scrap dealer west of the Mississippi at the time), had a daughter Louise, who captured Whitey’s heart and hand in marriage. A great deal of future successful LA junkies got their start at Berg Metals.  I met Whitey in late 1969 when I was sent to LA to work and learn from him.  He told Ben he was 60 and was slowing down and needed a young man to eventually take over the business. 
DMC also had a processing plant in Cucamonga, CA at the time, which was 50 miles East of LA. So, in November of 1969 Diversified moved my wife Margie, my 1-year-old daughter Julie, and me to Los Angeles to work for Whitey. Since Julie was the only grandchild of all 4 grandparents, you could imagine how popular that made me. We moved to a two-bedroom apartment in Encino, about 35 minutes commute to the WNF office on 3rd and Martel; right down the street from Farmers Market. Although by then I was buying scrap, attending conventions, and traveling the US, LA was quite a culture shock for Margie and me. We had no friends or relatives, which was a lot harder on Margie than me, since I was busy at work all day.  We lived at the beautiful Balboa Biltmore apartments, with underground parking and a swimming pool, and the rent was three times what we were paying in St. Louis. I may have been the only one in the building that had an American car and wore a suit and tie to work.  Even so, at $17,500 a year and a company car we were doing just fine.
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desmoinesnewsdesk · 1 year ago
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Sell My House Fast St. Louis with House Buyers LLC at the Best Cash Rates and As Is
http://dlvr.it/Srzn55
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columbianewsupdates · 1 year ago
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Sell My House Fast St. Louis with House Buyers LLC at the Best Cash Rates and As Is
http://dlvr.it/SrzlF9
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thealphareporter · 1 year ago
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Sell My House Fast St. Louis with House Buyers LLC at the Best Cash Rates and As Is
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newsheadlinesnow · 1 year ago
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Sell My House Fast St. Louis with House Buyers LLC at the Best Cash Rates and As Is
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thesunshinereporter · 1 year ago
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Sell My House Fast St. Louis with House Buyers LLC at the Best Cash Rates and As Is
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cashforhousesstlouismo · 2 years ago
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Cash For Houses St. Louis Missouri
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technewspoint · 1 year ago
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Sell My House Fast St. Louis with House Buyers LLC at the Best Cash Rates and As Is
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Learn More About Sell My House for Cash Lake St Louis MO
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webuyhousesstlouis · 2 years ago
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IBuySTL
What need to I Do To promote My residence fast St Louis rapid? earlier than identifying to sell your St Louis residence, don't forget whether or not or not your house would require that capacity client make maintenance? whilst it is probably tempting to sincerely accept a decrease provide, it’s essential to remember the fact that a purchaser’s willingness to cope with any problems can damage the sale. ultimately, you don’t need to sell your house for less, however you can must compromise for a quick sale.
whilst promoting to a coins for the house consumer is the first-rate manner to promote fast, maximum cash for homebuyers in St. Louis, low ball sellers. often desperate sellers get the bottom gives because of the truth they want to promote the residence as-is. The simplest positive way to avoid this is to discover a sincere coins-for-home looking for organisation as a way to now not attempt to low-ball you, and that’s where we are available in.
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sell My house speedy sell St Louis – Do You locate your self In An uncommon Housing situation? Are you facing job loss, divorce, perhaps a switch, otherwise you can not keep up with payments? Do you often ask, “how do I promote my house rapid?”
The fact is that as a assets owner, you will probable discover yourself in a as an opportunity uncommon scenario with a domestic that desires to be liquidated short.
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you could promote your own home in as few as 10 days! we've got sold houses nicely well worth tens of thousands and thousands inside the beyond decade, making us one of the most sincere coins-for-domestic customers in the city with an A+ rating with the aid of the usage of the BBB.
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need to get an offer to sell fast? want to find out greater about how we buy homes during Missouri? experience loose to name us nowadays or fill out our brief shape above. Our team might be greater than happy to discuss the entirety with you.
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