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A Tribute to Louis Mund

“Doing something good is important. It just seems to me that helping kids is a good
cause, and Cardinal Glennon does a lot of great things,” said Lou Mund in a 2002 Glennon
Magazine profile.
Mr. Mund, who passed away on Nov. 13, 2017, was a devoted benefactor of SSM Health
Cardinal Glennon Children’s Hospital for 34 years as host of the Columbia Golf Classic. Future
generations of children will benefit from his generosity through his planning to bequeath a
portion of his estate to the hospital.
Mr. Mund was quiet, hard-working and successful. He grew up in Dupo, Ill., within sight
of the St. Louis skyline across the Mississippi River. He went to work when he was nine years
old, helping a farmer plant and harvest tomatoes.
During high school he took on mechanical repairs in his parents’ garage and at a farm
implement dealership. Then he was drafted and during the early 1950s he spent two years
repairing U.S. Army tanks in Germany. After returning home he opened a business to repair
automobiles, trucks and tractors.
His skills and honesty brought steady clientele and friendships with businessmen who
occasionally informed him of real estate opportunities. He bought a 2,000-acre farm and other
properties that railroads were divesting in small towns they no longer could serve.
Mr. Mund’s home on the Columbia bluffs and his river-bottom farmlands were part of the
Native American community. He collected Indian artifacts, arrowheads, hatchet heads, and other
implements) found on his property and assisted University of Illinois archeologists in research
that resulted in a significant book, The Mund Site.
He also will be remembered for his contributions to the history of SSM Cardinal Glennon
— the President’s Conference Room bears a plaque identifying it as “The Mund Room.”
In 1982 Mr. Mund diversified again, purchasing the Columbia Golf Course. At the urging
of a friend who served on the Cardinal Glennon Board of Governors, he began hosting the
annual Columbia Golf Classic in 1984.
He sold the course in 2001 but negotiated a caveat into the sale agreement. “The
extension of the golf event for Cardinal Glennon as long as I’m alive,” he said. “I’m pretty proud
of that tournament. I have no children. My wife had five miscarriages. I’m very thankful for all
my employees who helped make me successful. It’s given me some self-satisfaction to know that
I can share some of that success.”
The current owner of the golf course, Bill Hawn, is continuing Mr. Mund’s legacy to
SSM Cardinal Glennon’s kids. He donated the course for the 35th Annual Columbia Golf
Classic on Sept. 7.

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The Best Memories Are Made On The Farm

 

 

 

For some, farm life is part of the everyday fiber of the family.  For others, it might be where they grew up and would like to get back to and for others, it may have been a favorite place to visit as a child.

 

These memories are a double-edged sword for those of us in the rural real estate business.  Selling the family farm can get sticky, emotional and hard.  Arguments arise, and people will often find themselves in what feels like a battle both within themselves and with others.  Often times when selling land, they are selling something that has been in the family for quite some time and they have only one shot to make this the best sale possible for their family’s sake.  When making this decision, it is important to choose the right agent or auctioneer to help the family through this process.

 

Memories made on the farm are also where so many of the buyers come from.  They long to get back to the farm or in a country setting.   They want to have a place to create family memories with their children and grandchildren.  People also see it is an investment and cherish the time spent at the farm or on the land.  It is fun to have an investment you can truly stand on and watch your family enjoy for many years.   — Brenda Chandler

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The Benefits of a Land Survey

 

 

Although a survey is not required to sell land in Illinois, I would highly recommend it. A survey can help identify and solve problems that an owner did not know existed, but in time may cause issues.  We at Property Peddler see it so often.  Property will be purchased without a survey, then when this property or neighboring ground is sold, issue after issue will arise that were unknown or thought to be resolved when the property was originally purchased.  Some of the more common problems that occur include: not owning as much acreage as once thought, using land that is not rightfully owned due to a poorly written legal description, building encroachment, and easement issues due to a lack of clarity.  For example, an owner could have a 1/4 section of a 1/4 section which in theory should be a square 40 acres, but it could turn out the land is located in a “large” section or “small” section which means your square 40 is really +/- acres. (Legal descriptions often refer to Sections in a specified township. These sections are typically 1 square mile by 1 square mile containing 640 acres.  However, these section lines are based on a flat map and to make up for the curvature of the earth there are some “large” and “small” sections.)  A survey is a cost effective way to clearly understand what is being sold/purchased and hopefully prevent issues in the future.  The peace of mind that a survey can provide will make for a more confident buyer.  — Written by Brenda Chandler

 

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National Land Conference 2018

     Land professionals from across the country gathered to network with each other and discuss the latest in marketing, market trends, and the economy at the 2018 National Land Conference, in Nashville, TN.  My wife, Brenda, and I had the opportunity to attend this event and were excited to learn from the industry’s top leaders.  The discussions were very informative and covered topics including the Farm Bill, Conservation Easements, Environmental factors, 1031 exchanges, and the residential impact of land sales.  It is an ever-changing world that we live in and it is imperative we be aware of the changes.  The presentation given by an economist on his predictions for the future was enjoyable, as was listening to the perspectives of commercial agents that specialize in land development.  As a member myself, it was inspiring and humbling to meet the other members of the APEX 2018 Producers Club & seeing the top producers recieve thier awards.  Keller Williams had a strong showing with professionals from KW Land & KW Luxury division.  All in all, it was a great experience that gave us a fresh look on how to serve our clients and market their properties.  We look forward to using this information to keep improving on what we do.  —- Brad Chandler

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Property Peddler & Keller Williams Join Forces in Illinois

Acreage Home Real Estate

How exciting.  We have made the change to the #1 name in Real estate – Keller Williams and will be working with the Keller Williams Farm Division.  We have been selling rural real estate for over 15 years now and many know us from our years of selling with another company. We are excited to launch our new auction and real estate group with the propertypeddler.com website and the fine people at Keller Williams Marquee.  We are now also putting focus on residential listings by having agents that will specialize in homes and knowing this market. We are hoping to keep adding brokers and auctioneers to our group to help you with your every real estate and auction need.   Thanks for taking the time to look around and feel free to give us a call to see if we can serve you.

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Benefits of a Licensed Illinois Real Estate Broker & Auctioneer

When you have a person that is licensed as both an auctioneer and real estate broker, you will find this person can add a different perspective and opportunity when selling your property.   There are situations when it is ideal to have an auction and other times when it is beneficial to do a listing.  Some of the factors that determine this include the urgency and price of the sale for the seller, time of the year, and if the property has a tenant.  It can be interesting to hear the opinion of someone that is experienced in both listings and auctions, and they can give you insight into what to do to be prepared for each type of sale.  It is also nice that a broker is legally allowed to negotiate outside of the auction if the situation deems necessary.  Many real estate brokers subscribe to many different resources that can be beneficial to their clients such as mapping programs, resources that have value comparables , and promotional programs.   If you are considering selling your property give us a call so we help you look at all the options you have.

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