Kansas City Real Estate Network

Nearly 74% of RE/MAX Associates listed or sold distressed properties in the fourth quarter of 2009. In fact, 40% said more than half of their transaction sides involved distressed property during that period. (Source: Mainstreet Vote Now, Jan. 2010) Blog post written by: Dowell Taggart Team of RE/MAX Best Associates.View Distressed Sales, Short ...

I Owe More Than My Kansas City Home is Worth, Part 2....when we last checked in with our Super Hero....Short Sale Man.  "Simple, no one, not even the lender who initiated your loan, knows the value of the property in 5 years, 10 years, etc....The lender only knows how much money they lent YOU.  And THAT is the amount of ...

I Owe More than My Kansas City Home is Worth, What Happens Next? Part 1All too often we're approached by a prospective Seller that faces a tough decision: They owe more than their home is worth, what happens next?  I am not an attorney and always believe in YOUR right to speak with one, so this is based on generally accepted knowledge in ...

The U.S. Treasury Department on Monday released a plan to speed up and encourage Short Sales as a means to help families avoid foreclosure. We've been offering Short Sale proposals to public officials for over a year, and although the new guidelines aren't everything we were hoping for, they do represent a significant improvement over the ...

RE/MAX Chairman and Co-Founder Dave Liniger met with Housing and Urban Development Secretary Shaun Donovan on Friday. They had a conversation on a variety of topics related to the current state of the real estate market, but focused primarily on recommendations for streamlining the Short Sale process.  “We feel strongly that if Short ...

Choosing the WRONG Olathe Real Estate Agent could COST you thousands! This past weekend I received a phone call from a Olathe homeowner who chose another real estate agent to sell their home. I met this homeowner back in March and they were in a difficult short sale situation. They were not able to keep up on the mortgage payments and so they had ...

Making Home Affordable program was introduced by President Obama to help as many as 7 million to 9 million homeowners facing foreclosure. Homeowners could opt for loan modification so that the existing terms of their mortgage are altered enabling them to make their mortgage payments in a more affordable manner.  The mortgage bailout plan was ...

...Giving hope to the hopeful...We receive calls every week from clients and prospective Sellers regarding Loan Modifications....While there are many good resources available to help consumers understand Loan Modifications, these typically involve explain the basics as they relate to FEDERAL guidelines, not the guidelines relevant to your ...

Wow.  Where we live and how we live....What drives us?  Are we, each of us, the sum total of our credit scores?  These scores affect our ability to rent a car, acquire and keep property and casualty insurance...open a bank account...and for 32% of all employers, the ability to choose the "best" candidate for the job. ...

In his work, Conspiracy of the Rich, Rich Dad entrepenour, Robert Kiosaki, discusses the fact that during our current crisis on Wall Street, wealth didn't evaporate, it just changed hands....WHAT DOES THIS HAVE TO DO WITH REAL ESTATE? Your equity, your value, may come back....If it does, and that's a big if, respected economists are ...

...So I took her out to a famous Scottish restaurant, MCSomethings, for an orange juice and some quiet time....While we're sitting there, the guy next to us is reading the paper and telling his wife...Not to worry, they can refinance or get a loan modification, after all, there is an ad in our local paper that offers some really incredible ...

[photo:listing:2330800] Huge 5 Bedroom Home • 2,434 sq. ft., 3 bath, 5 bdrm single story - $205,000 - Incredible Price Round Hill, Overland Park  -  Where else can you find an Overland Park 5 bedroom home in a subdivision with a full country club. The country club includes an inground pool, 5 tennis courts and a kids play ...

...Martin, what are the primary advantages for buying a home?" Chris and I get the question all the time...."Should I buy or rent?"  The answer is simple, maybe. There are three primary reasons to buy.... 1-Mortgage Interest Tax Deduction 2-First-Time Homebuyers Assistance, $8000 Tax Credit 3-You are sick and tired of ...

NBC Action News wanted to hear the skinny on the real estate market....might be worth listening to?  http://www.nbcactionnews.com/content/financialsurvival/local/story/Is-the-Housing-Market-Making-a-Comeback/SUYIn0HD7kqOMHj76L92jQ.cspx If you'd like to hear some of the good news....Should we talk?   

[photo:listing:2281912] Tastefully Remodelled Throughout! • 3,123 sq. ft., 4 bath, 4 bdrm 1 1/2 story "BR on Main, Master Upstairs" - MLS® $365,000 - Priced to Sell Quickly! Romanelli Gardens, Kansas City  -  A fantastic Kansas City Missouri home! A wonderfully remodelled example of a classic Kansas City ...

...and the host comes on and discusses our president's plan to allow judges to change mortgage terms....BANKRUPTCY JUDGES. Just take a moment and consider....Not a foreclosure judge, not a divorce judge, not Judge Judy.... If you want to take advantage of this component of the stimulus package, you'll need to apply for a ...

Has a bottom in real estate been reached?  Well at least some buyers think some.  The National Association of Realtors reported today that The Pending Home Sales Index rose 6.3% to 87.7 in December from a revised reading of 82.5 in November.  What happened?  Homes are simply becoming more affordable.  NAR's House ...

Choosing the right Realtor is the most important step innegotiating a “Short Sale” in Kansas City.I get asked from homeowners weekly about how to negotiate ashort sale. When I get through the process they usually choose a personalfriend or family member to help them out of their problem.Yesterday was an unusual day. I was asked by 8 ...

The good ole "lowball offer"....Welcome back friend. Foreclosures across the country are up, but trending downward in Kansas City, and especially Johnson County, Kansas. Why? Simple....Our market didn't suffer from an overdose of skyroeckting, overinflated housing prices.  We sufferred from an increase in overvalued ...

As Chris wrote to many of our clients, the answer sounds a lot like a contradiction.....With foreclosure rates falling in Kansas City, interest rates also falling, prices still falling....a little.... Sounds like "blue sky" to me....The truth is...Messy, complicated....Our market is still strong for sales as well as purchases, and ...