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Kansas City real estate and community news blog featuring Olathe and Overland Park, Kansas.
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Question: Despite the real estate market turnaround, I'm getting no offers on my million dollar home. I need to relocate to Dallas. If I don't sell, I will need to rent it. Is there a market for rentals of million dollar homes in Kansas City? It just seems that Kansas City luxury home buyers want new homes.Janice H. from Kansas City Answer: Sorry to hear about your problems, Janice. I'm assuming that you have hired an aggressive real estate agent to market your home on the web, so your home maybe priced to high. If you can't lower the price or stage your home to beat out the newer luxury homes, you may look into other options like offering financing options. Many Kansas City luxury home buyers are self employed and may need help in financing. I have seen some home sellers successful by offering a 2nd mortgage, a lease purchase option or owner financing. These options may help get your home sold. If your home was a little lower in price I would suggest renting out your home until the luxury home market changes. I have been told that there is not a demand for million dollar rental properties in Kansas City, so I would not explore that option. Not all Kansas City luxury home buyers want new homes. Older million dollar luxury homes sell in Prairie Village, Mission Hills, Old Leawood and Fairway, Kansas. All of these areas have older homes, unless a builder buys a home and tears it down and builds a new home. Hope this helps, Janice.
RE/MAX sells more homes than any other real estate company. For a reason...should we talk? Another blog post written by:The Real Estate Wizards of Kansas City Comments are appreciated! Go ahead and add your 2 cents . . .
Short sales, foreclosures, luxury homes, investor homes, first time home buyer homes, land, investment properties and move up buyers. Gardner, Olathe, Overland Park, Leawood, Lenexa, Shawnee, Mission, Merriam, Prairie Village, Basehor, Tonganoxie, Lansing, Leavenworth, Spring Hill, Eudora, De Soto, Edgerton, Platte City, Smithville, Gladstone, Liberty, Riverside, Independence, Lee's Summit, Pleasant Hill, Raymore, Belton, Grandview, Raytown, Waldo and the surrounding Kansas City communities.
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Just Reduced for Quick Sale!Luxury Home on Acreage 10 Acre Horse Property with Horse Barn Walkout Finished Basement
Checkout the Pics in the Photo Gallery . . . | Details |  |  |  |  |  | | Address: 26225 E Bundschu Road Type: Residential Style: Single Story Bedrooms: 4 Bathrooms: 5 Suite: No Living Area: 3,949 square feet Year Built: 1998 More Details | |
 | Description |  |  |  |  |  | | REDUCED BELOW MARKET!10 acre fenced horse property with 2 story floor plan. Wood fireplace (s), formal dining, finished basement with daylight walkout! Master with updated bathroom suite! Expansive deck off of the living room! Stocked pond, fenced pastures, 36x50 metal barn, horse stalls, electricity, water and 12' drive-through doors for RV More Description | |
| | Brokered and Advertised by RE/MAX Premier Realty - Overland Park, Olathe, Gardner, Lenexa, Leawood, Shawnee & Kansas City LID 1101023558 | | | Our client expect facts, not fiction. Despite advertising claims to the contrary, the Internet is NOT an experienced Real Estate Professional. It cannot consult, counsel, advise and have knowledge of market conditions and laws. Furthermore, data by itself can be very misleading. To obtain an accurate interpretation of any information you're receiving on line, please contact the Dowell Taggart Team |
RE/MAX sells more homes than any other real estate company.For a reason...should we talk?Another blog post written by:The Real Estate Wizards of Kansas City Comments are appreciated! Go ahead and add your 2 cents . . .
Short sales, foreclosures, luxury homes, investor homes, first time home buyer homes, land, investment properties and move up buyers. Gardner, Olathe, Overland Park, Leawood, Lenexa, Shawnee, Mission, Merriam, Prairie Village, Basehor, Tonganoxie, Lansing, Leavenworth, Spring Hill, Eudora, De Soto, Edgerton, Platte City, Smithville, Gladstone, Liberty, Riverside, Independence, Lee's Summit, Pleasant Hill, Raymore, Belton, Grandview, Raytown, Waldo and the surrounding Kansas City communities.
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I went out to lunch with one of my banker friends yesterday. We discussed what was new in the banking world and his new move to his new bank. He was excited about zero down physician mortgage loan that his bank is offering to medical doctors. His bank is licensed in many states and offers the physician mortgage loan to many of the states that they have a brick and mortar building. When he looked up the program during lunch, the zero down physician mortgage loan is offered to medical doctors. There is also no cap at just a million dollars, so it is a great mortgage loan for luxury home buyers who have a medical license. The interest rate on the zero down physician mortgage loan was 3.625% up to $417,000 and 4% for loans above $417,000 to a million plus. At the time there was no pmi insurance. What a great mortgage loan for physicians looking to buy a Kansas City luxury home. Interested in buying or refinancing a luxury home, lets connect. I will refer you to a friend of over 10 years who works at a very stable bank. The service you will receive will be unbelievable. RE/MAX sells more homes than any other real estate company. For a reason...should we talk? Another blog post written by:The Real Estate Wizards of Kansas City Comments are appreciated! Go ahead and add your 2 cents . . .
Short sales, foreclosures, luxury homes, investor homes, first time home buyer homes, land, investment properties and move up buyers. Gardner, Olathe, Overland Park, Leawood, Lenexa, Shawnee, Mission, Merriam, Prairie Village, Basehor, Tonganoxie, Lansing, Leavenworth, Spring Hill, Eudora, De Soto, Edgerton, Platte City, Smithville, Gladstone, Liberty, Riverside, Independence, Lee's Summit, Pleasant Hill, Raymore, Belton, Grandview, Raytown, Waldo and the surrounding Kansas City communities.
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According to Reuters, the largest parcel of residential real estate on southern California's Newport Coast is going up for real estate auction next week. The 17 bathroom, 17 car garage mansion boast marble floors, gold leaf ceilings, a vineyard, horse stables, tennis courts and a lake. Valued at over 87 million dollars, the bank is hoping to get at least a 1/4 of the actual value. The luxury home is located at One Pelican Hill Road North. To read more, go to: One Pelican Hill Road North Looking to buy this luxury home or any other luxury home and would like to obtain a low rate on a jumbo mortgage, we have the banking contacts to help. Currently our banking partners are offering jumbo mortgages on luxury homes with no PMI at 6.625%. Call for details. RE/MAX sells more homes than any other real estate company. For a reason...should we talk? Another blog post written by:The Real Estate Wizards of Kansas City Comments are appreciated! Go ahead and add your 2 cents . . .
Short sales, foreclosures, luxury homes, investor homes, first time home buyer homes, land, investment properties and move up buyers. Gardner, Olathe, Overland Park, Leawood, Lenexa, Shawnee, Mission, Merriam, Prairie Village, Basehor, Tonganoxie, Lansing, Leavenworth, Spring Hill, Eudora, De Soto, Edgerton, Platte City, Smithville, Gladstone, Liberty, Riverside, Independence, Lee's Summit, Pleasant Hill, Raymore, Belton, Grandview, Raytown, Waldo and the surrounding Kansas City communities.
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Question: We made an offer to purchase a luxury home in Kansas City. Everything seemed to be proceeding well until a day before our inspections. We found out through the tenant that they are suing the owner of the property due to unsafe living conditions because of mold. Now the listing real estate agent wants us to sign a release for the mold (small amount in the laundry room) and the current lawsuit. The lawsuit was never disclosed to us when we made the offer to purchase.
My concern is if the tenant wins the lawsuit and the homeowner has no assets, will anything come back to us, the new homeowners? How do I find out if the house has a lien against it? Can the court award the tenant the house even if we have bought it from the owner being sued? –Francis H. from Kansas City
Answer: This sounds like a complicated manner and more information is needed to help you. I am going to recommend you speak to an attorney, immediately. In addition, the title company should be able to tell you if there is a lien or lis pendins recorded against the property you have made an offer on.
If there is not something recorded that does not mean everything is in the clear, that is why I recommend you speak to an attorney to evaluate your risks.
An important manner is you should have a mold expert evaluate the mold issue in the home. There maybe more mold that has been covered up or in an inaccessible area. RE/MAX sells more homes than any other real estate company. For a reason...should we talk? Another blog post written by:The Real Estate Wizards of Kansas City Comments are appreciated! Go ahead and add your 2 cents . . .
Short sales, foreclosures, luxury homes, investor homes, first time home buyer homes, land, investment properties and move up buyers. Gardner, Olathe, Overland Park, Leawood, Lenexa, Shawnee, Mission, Merriam, Prairie Village, Basehor, Tonganoxie, Lansing, Leavenworth, Spring Hill, Eudora, De Soto, Edgerton, Platte City, Smithville, Gladstone, Liberty, Riverside, Independence, Lee's Summit, Pleasant Hill, Raymore, Belton, Grandview, Raytown, Waldo and the surrounding Kansas City communities.
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During the month of March, 2012, 4 million+ dollar luxury homes sold in Johnson County, Kansas. The average luxury home was listed for $1,717,500 and sold for $1,592,875 in 77 days.
RE/MAX sells more homes than any other real estate company. For a reason...should we talk? Another blog post written by:The Real Estate Wizards of Kansas City Comments are appreciated! Go ahead and add your 2 cents . . .
Short sales, foreclosures, luxury homes, investor homes, first time home buyer homes, land, investment properties and move up buyers. Gardner, Olathe, Overland Park, Leawood, Lenexa, Shawnee, Mission, Merriam, Prairie Village, Basehor, Tonganoxie, Lansing, Leavenworth, Spring Hill, Eudora, De Soto, Edgerton, Platte City, Smithville, Gladstone, Liberty, Riverside, Independence, Lee's Summit, Pleasant Hill, Raymore, Belton, Grandview, Raytown, Waldo and the surrounding Kansas City communities.
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In the past 12 months there have been 61 luxury homes that have sold in Johnson County, Kansas that have been valued at a Million Dollars or higher. The average list price of the 61 luxury homes was $1,553,432 and the average sold price was $1,367.575. The average luxury home took 198 days to sell.
RE/MAX sells more homes than any other real estate company. For a reason...should we talk? Another blog post written by:The Real Estate Wizards of Kansas City Comments are appreciated! Go ahead and add your 2 cents . . .
Short sales, foreclosures, luxury homes, investor homes, first time home buyer homes, land, investment properties and move up buyers. Gardner, Olathe, Overland Park, Leawood, Lenexa, Shawnee, Mission, Merriam, Prairie Village, Basehor, Tonganoxie, Lansing, Leavenworth, Spring Hill, Eudora, De Soto, Edgerton, Platte City, Smithville, Gladstone, Liberty, Riverside, Independence, Lee's Summit, Pleasant Hill, Raymore, Belton, Grandview, Raytown, Waldo and the surrounding Kansas City communities.
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  | Details |  |  |  |  |  | | Address: 26225 E Bundschu Road Type: Residential Style: Single Story Bedrooms: 4 Bathrooms: 5 Suite: No Living Area: 3,949 square feet Year Built: 1998 More Details | |
 | Description |  |  |  |  |  | | PRICED WELL BELOW MARKET!10 acre horse property with 2 story floor plan. Wood fireplace, formal dining, finished basement with daylight walkout! Master with wonderful, updated bathroom suite! Expansive deck off of the living room! Stocked pond, fenced pastures, 36x50 metal barn, 2 horse stalls, electricity,water and 12' drive-through doors for RV More Description | |
| | Brokered and Advertised by RE/MAX Premier Realty - Overland Park, Olathe, Gardner, Lenexa, Leawood, Shawnee & Kansas City LID 1101023558 | | Our client expect facts, not fiction.
Despite advertising claims to the contrary, the Internet is NOT an experienced Real Estate Professional. It cannot consult, counsel, advise and have knowledge of market conditions and laws. Furthermore, data by itself can be very misleading. To obtain an accurate interpretation of any information you're receiving on line, please contact the Dowell Taggart Team | RE/MAX sells more homes than any other real estate company.For a reason...should we talk?Another blog post written by:The Real Estate Wizards of Kansas City Comments are appreciated! Go ahead and add your 2 cents . . .
Short sales, foreclosures, luxury homes, investor homes, first time home buyer homes, land, investment properties and move up buyers.
Gardner, Olathe, Overland Park, Leawood, Lenexa, Shawnee, Mission, Merriam, Prairie Village, Basehor, Tonganoxie, Lansing, Leavenworth, Spring Hill, Eudora, De Soto, Edgerton, Platte City, Smithville, Gladstone, Liberty, Riverside, Independence, Lee's Summit, Pleasant Hill, Raymore, Belton, Grandview, Raytown, Waldo and the surrounding Kansas City communities.
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  | Details |  |  |  |  |  | | Address: 8501 NE 89th Place Type: Residential Style: Single Story Bedrooms: 5 Bathrooms: 5 Suite: No Living Area: Year Built: 2006 More Details | |
 | Description |  |  |  |  |  | | Popular 2 story plan! Country kitchen with contemporary conveniences; antique finish cabinetry, hardwoods, granite, spacious pantry, butler built-in, wine chiller! Great room with built-ins, fireplace. Master suite with dual vanities, custom bath cabinetry, euro-shower, jet-tub, walk-in! Stainless appliances and billiard table with accepted offer. More Description | |
| | Brokered and Advertised by RE/MAX Premier Realty - Overland Park, Olathe, Gardner, Lenexa, Leawood, Shawnee & Kansas City LID 1003834557 | | Our client expect facts, not fiction.
Despite advertising claims to the contrary, the Internet is NOT an experienced Real Estate Professional. It cannot consult, counsel, advise and have knowledge of market conditions and laws. Furthermore, data by itself can be very misleading. To obtain an accurate interpretation of any information you're receiving on line, please contact the Dowell Taggart Team | RE/MAX sells more homes than any other real estate company.For a reason...should we talk?Blog post written by the Dowell Taggart Team of RE/MAX Premier Realty Comments are appreciated! Go ahead and add your 2 cents . . .We have 3 easy steps to find you the perfect home . Click here to get started, today! Short sales, foreclosures, luxury homes, investor homes, first time home buyer homes, land, investment properties and move up buyers.
Gardner, Olathe, Overland Park, Leawood, Lenexa, Shawnee, Mission, Merriam, Prairie Village, Basehor, Tonganoxie, Lansing, Leavenworth, Spring Hill Eudora, De Soto, Edgerton, Platte City, Smithville, Gladstone, Liberty, Riverside, Independence, Lee's Summit, Pleasant Hill, Raymore, Belton, Grandview, Raytown, Waldo and the surrounding Kansas City communities.
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Which city in Johnson County, Kansas boast the expensive residential real estate? Overland Park, Leawood, Lenexa, Mission Hills, Lake Quivira, Westwood Hills, Fairway or Mission Woods . . . The cities in Johnson County, Kansas with the highest median estimated home values are:#1: Mission Hills, KS. with a median estimated home value of $801,080#2: Lake Quivira, Kansas with a median estimated home value of $571,000#3: Mission Woods, KS. with a median estimated home value of $462,120#4: Leawood, Kansas with a median estimated home value of $373,000#5: Westwood Hills, KS. with a median estimated home value of $322,590#6: Fairway, KS. with a median estimated home value of $280,260#7: Overland Park, KS. with a median estimated home value of $204,770#8: Lenexa, KS. with a median estimated home value of $201,130#9: Prairie Village, KS. with a median estimated home value of $193,550 The Johnson County, Kansas median estimated home value is $191,970.
RE/MAX sells more homes than any other real estate company.For a reason...should we talk?Blog post written by the Dowell Taggart Team of RE/MAX Premier Realty Comments are appreciated! Go ahead and add your 2 cents . . .We have 3 easy steps to find you the perfect home . Click here to get started, today! Short sales, foreclosures, luxury homes, investor homes, first time home buyer homes, land, investment properties and move up buyers.
Gardner, Olathe, Overland Park, Leawood, Lenexa, Shawnee, Mission, Merriam, Prairie Village, Basehor, Tonganoxie, Lansing, Leavenworth, Spring Hill, Eudora, De Soto, Edgerton, Platte City, Smithville, Gladstone, Liberty, Riverside, Independence, Lee's Summit, Pleasant Hill, Raymore, Belton, Grandview, Raytown, Waldo and the surrounding Kansas City communities.
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| 26225 E Bundschu Road | | Independence, MO 64056 | | MLS#: | 1741474 | | Price: | $379,000 | | Bedrooms: | 4 | | Full Bathrooms: | 4 | | Half Bathrooms: | 1 |
Retreat to 10 gorgeous acres! Wide open main with hardwoods, plush carpet underfoot. Wood fireplace, eat in kitchen and formal dining, daylight walkout finished basement! Huge bedrooms! Stocked pond,fenced pasture, 36x50 metal pole barn, porch,2 horse stalls,electricity,water and two 12 ft drive-thru doors to fit an RV. All electric mechanicals. |
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| General Features | |
| Total SqFt | 3,949 | | Sub Property Type | Single Family | | Age | 11-15 Years | | Year Built | 1998 | | Builder | Bob Moore |
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| Floor Plan | 2 Stories | | Garage Type | Attached Front Entry
| | # of Garage/Parking | 2 | | Total Taxes | 3620 |
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| Subdivision | Other | | County | MJA |
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| Construction | Frame Brick Trim
| | Architecture | Traditional | | Roof | Composition | | Basement Description | Daylight Finished Walk Out
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| Interior Features | Pantry Partial Carpeting Skylight(s) Vaulted Ceiling Wet Bar Whirlpool Tub Walk-In Closet Wood Floor
| | Cooling | Central Electric Heat Pump
| | Heating | Forced Air Electric Heat Pump
| | # of Fireplace | 2 |
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| Fireplace Description | Family Room Recreation Room Wood Burning
| | Equipment | Disposal Ceiling Fan(s) Dishwasher Double Oven Gar Door Opener(s) Microwave Rng/Oven- Built In Rng/Oven- Electric Security System Smoke Detector
| | Dining Area | Country Kitchen Formal Dining
| | Utility Room | Main,Room |
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| Other Room Type | Den/Study Family Room Recreation Room
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| | Property Features | |
| Acres | 10 | | Lot Size | 223x1944x223x1946 | | Lot Description | Acreage Treed Pond(s)
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| Exterior Features | Deck Patio Barn(s) Fence- Other Fence- Partial Horse Facilities Outbuilding(s) Thermal Windows
| | Sewer | Septic |
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| Elementary School | Buckner | | Middle School | Fort Osage |
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| School District | Fort Osage |
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The information being provided is deemed reliable but not guaranteed. All information must be verified by the purchaser.
Listing information courtesy of: RE/MAX PREMIER REALTY
| RE/MAX sells more homes than any other real estate company.For a reason...should we talk?Blog post written by the Dowell Taggart Team of RE/MAX Premier Realty Comments are appreciated! Go ahead and add your 2 cents . . .We have 3 easy steps to find you the perfect home . Click here to get started, today!
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| 23507 E State Route P Highway | | Pleasant Hill, MO 64080 | | MLS#: | 1738769 | | Price: | $262,000 | | Bedrooms: | 7 | | Full Bathrooms: | 3 | | Half Bathrooms: | 2 |
Your own country getaway! Great country view from every room! 2 master bedrooms, 2 kitchens, 2 living rooms, 2 hearth rooms, a large laundry room, a family room, media room, and 5 more enormous bedrooms. Small log cabin in the center of one of two ponds. Geothermal heat and cooling makes for affordable, reliable comfort! |
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| General Features | |
| Sub Property Type | Single Family | | Age | 11-15 Years | | Year Built | 1994 | | Floor Plan | Ranch 2 Stories
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| Garage Type | Attached Basement Rear Entry
| | # of Garage/Parking | 2 | | Total Taxes | 3883 |
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| Subdivision | Other | | County | MCA |
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| | Building Features | |
| Construction | Frame Vinyl Siding
| | Architecture | Other Traditional
| | Roof | Composition | | Basement Description | Full Finished Walk Out
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| Interior Features | Partial Carpeting Vaulted Ceiling Walk-In Closet
| | Cooling | Central Electric | | Heating | Other Heat Pump
| | # of Fireplace | 2 |
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| Fireplace Description | Kitchen Great Room Hearth Room
| | Equipment | Disposal Ceiling Fan(s) Dishwasher Gar Door Opener(s) Humidifier Rng/Oven- Electric Refrigerator Water Softener
| | Dining Area | Kit/Dining Combo Liv/Dining Combo
| | Utility Room | Dry-Ele,Lower |
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| | Room Features | |
| Other Room Type | Den/Study Family Room Main Floor Master Media Room Recreation Room
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| | Property Features | |
| Acres | 3.92 | | Lot Size | 3.92 acres per tax | | Lot Description | Acreage Other Treed Pond(s)
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| Exterior Features | Patio Barn(s) Fence- Partial Outbuilding(s) Thermal Windows
| | Sewer | Septic Lagoon
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| Elementary School | Pleasant Hill | | Middle School | Pleasant Hill |
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| High School | Pleasant Hill |
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| School District | Pleasant Hill |
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The information being provided is deemed reliable but not guaranteed. All information must be verified by the purchaser.
Listing information courtesy of: RE/MAX PREMIER REALTY
| RE/MAX sells more homes than any other real estate company.For a reason...should we talk?Blog post written by the Dowell Taggart Team of RE/MAX Premier Realty Comments are appreciated! Go ahead and add your 2 cents . . .We have 3 easy steps to find you the perfect home . Click here to get started, today!
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WHY WAIT TO BUILD? 5 bedroom open floorplan, perfect for family and entertaining. Floor to ceiling windows in living & eat-in area! Kitchen with hardwoods, granite, spacious pantry, butler built-in with wine chiller and storage. Master suite large & nicely appointed, euro-shower, jet tub, oversized master walk-in. Appliances and billiard table stay with accepted offer. |
| 8501 NE 89th Place Kansas City, MO 64157 |
| Price: | $383,950 | | MLS#: | 1724147 | | Address | 8501 NE 89th Place Kansas City, MO 64157 | | Type | Single-Family |
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The information being provided is deemed reliable but not guaranteed. All information must be verified by the purchaser.
Listing information courtesy of: RE/MAX PREMIER REALTY
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RE/MAX sells more homes than any other real estate company. For a reason...should we talk?
Blog post written by the Dowell Taggart Team of RE/MAX Premier Realty
Comments are appreciated! Go ahead and add your 2 cents . . .We have 3 easy steps to find you the perfect home . Click here to get started, today!
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| 8501 NE 89th Place | | Kansas City, MO 64157 | | MLS#: | 1719854 | | Price: | $389,000 | | Bedrooms: | 5 | | Full Bathrooms: | 4 | | Half Bathrooms: | 1 |
WHY WAIT TO BUILD? 5 bedrm floor plan! Open main floor, perfect for family & entertaining. Floor to ceiling windows in living room & eat-in let in plenty of light wwith Southern exposure. Kitchen & eat-in w/hardwoods, granite, large pantry, butler built-in w/wine chill. Huge master w/Euro shower, jettub, walk-in. Appliances & billiard table stay w/right offer. |
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The information being provided is deemed reliable but not guaranteed. All information must be verified by the purchaser. |
RE/MAX sells more homes than any other real estate company. For a reason...should we talk?Blog post written by the Dowell Taggart Team of RE/MAX Best Associates Comments are appreciated! Go ahead and add your 2 cents . . .We have 3 easy steps to find you the perfect home . Click here to get started, today! View the Kansas City Network's social media profiles:
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