Foreclosure

The state of the real estate market

May 14, 2010

Here an update on the state of the national housing market. Great thing we are in Topeka and while there are a few foreclosures in our area, our market has not been overrun with them. Although properties are not showing a steep incline of appreciation, prices are stable and not falling as they have recently [...]

Secrets to saving money buying a short-sale

April 6, 2010

In Topeka, Kansas real estate market you won’t find as many foreclosure and short sale purchase opportunities as you might in many other places across the country, but they do exist. When making an offer on a property the seller is attempting to sale as a short sale, it is best if you know what [...]

Sellers will soon be able to get $1500 if selling as a Short Sale

March 11, 2010

This week the Obama Administration has developed a new plan for home-sellers who owe more on their mortgage that the property can sell for (article here). The new program is planned to take effect April 5th, and it allows a seller who completes a short sale to receive $1,500 in ‘relocation assistance’ as an [...]

Good news in real estate!

September 15, 2009

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Saving Money with Foreclosed Homes

April 29, 2009

Foreclosed homes are all over news right now. Everywhere you turn someone is talking about all the foreclosures in the country and how they are effecting the economy. You have seen many infomercials trying to sell you the secret to buying foreclosed homes for pennies on the dollar and turning them into money making machines, [...]

Flipping homes can be risky!

March 23, 2009

Buying a home is a great investment, but trying to flip a home can be a risky endeavor. Coldwell Banker President & CEO, Jim Gillespie, talks about the risks of flipping a home. Always talk to your local REALTOR(r) for more information on how to flip properties for profit. If you’d like to talk to [...]

Using debt to pay your mortgage!

November 8, 2008

I saw a news story on FOX 4 on a KC station last night that made me sit up and say WOW! With the stock market continuing to decline and people not sure what the economy is doing, the payday loan shops are extremely busy. Why are they so busy in today’s unstable economy? It [...]

FHA says NO to “buy and bail” purchases

September 25, 2008

“Buy and Bail,” what’s that you may ask? Inman News posted an article this week discussing a new regulation that will help prevent homeowners from purposely going into foreclosure. In the recent past it was common for homeowners that were having trouble making their payments to simply purchase a new, more affordable home, with the [...]

What happens now that FREDDIE MAC and FANNIE MAE are UNCLE FREDDIE & AUNT FANNIE?

September 11, 2008

Uncle Sam to the rescue? The government is here to help us? Frankly, both of those statements cause me pause. But I think the move by our federal government to take over the operations of these two companies was the correct option, given that the government has been watching Rome burn for the past couple [...]

Foreclosure

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