Archive for the ‘Mortgage Loans’ Category

Checking The Pulse Of The Kansas City Real Estate Market Many lenders holding notes on homeowners who are about to default on their loans have realized it makes sense to try to work out the best possible deal BEFORE the homeowners move out of the home and/or give up and move on with their lives. [...]

Checking The Pulse Of The Kansas City Real Estate Market If you’ve been following my real estate updates on Kansas City, Johnson County, Overland Park and the surrounding area, you’ve probably noticed that the months of inventory in most areas has been improving for several months now. An improved home sale rate coupled with fewer [...]

Checking The Pulse Of The Kansas City Real Estate Market If you’re in the market to purchase a home, you should consider the benefits of a one year home warranty. A home warranty is not the same as homeowner’s insurance. While a homeowner’s insurance policy will cover home buyers if their home catches fire or [...]

Checking The Pulse Of The Kansas City Real Estate Market If you are upside down on your home or needing to sell and teetering on a break-even, it can be a very stressful time. If this is you, you’re not alone because around 10% of the homes for sale in Kansas City, Johnson County Kansas [...]

Checking The Pulse Of The Kansas City Real Estate Market It’s amazing that during the seller’s market we experienced for many years, home buyers would rarely complain about the prices they were paying for homes. But now, during a buyer’s market, when Kansas City home buyers can buy a much larger home at a much [...]

Checking The Pulse Of The Kansas City Real Estate Market The HomeSteps Winter Sales Promotion that we’ve seen during past winters on Freddie Mac foreclosure listings is making a return to both Kansas and Missouri. HomeSteps announced that they are adding the states of Kansas and Missouri, along with Kentucky, Oregon, Washington and Alaska to [...]

Checking The Pulse Of The Kansas City Real Estate Market Guidelines definitely vary from lender to lender but a typical baseline for securing a home loan will be having at least a 3.5% down payment and a 580 minimum credit score. FHA loans require a 3.5% down payment and conventional loans (i.e. loans backed by [...]

Checking The Pulse Of The Kansas City Real Estate Market Even with a solid down payment and good credit scores, home buyers are being grilled by mortgage lenders before their home loan are finalized. If you haven’t purchase a home in Kansas City, Johnson County Kansas, Overland Park or the surrounding area the past couple [...]

Checking The Pulse Of The Kansas City Real Estate Market Are you considering buying a home in Kansas City, Johnson County Kansas, Overland Park or in the surrounding area? If you are, one of the first things you should start checking on are today’s mortgage interest rates. The lower the interest rates available, the lower [...]

Checking The Pulse Of The Kansas City Real Estate Market It’s often the last thing on a home buyer’s mind yet credit scores are a powerful aspect of buying a Kansas City home. I’ve seen borrowers with a 20% down payment and buying WELL below their means get turned down for a home loan because [...]