Real Estate in Kansas City » Foreclosure

Foreclosure rate in Kansas City slows down.

TerryTom — Fri, 19 Nov 2010 15:26:35 +0000

Home repossessions dropped 9 percent from September to October [...]

New Direction for Kansas City Reverse Mortgages

TerryTom — Fri, 10 Sep 2010 13:37:09 +0000

A HECM is a federally guaranteed reverse mortgage designed to let homeowners 62 or older tap into the equity in their homes. The loans and accrued interest don't have to be repaid until the owner sells the home, dies or fails to live there for one year, but the loans have traditionally carried significant upfront and annual expenses. [...]

What to Fix or not Fix in Kansas City

TerryTom — Fri, 14 May 2010 14:05:45 +0000

Presale inspections will help buyers make a decision about whether or not to tackle the project. Make reports available to buyers before they make an offer to avoid having to put the home back on the market if the deal falls apart because the buyer's inspectors discover defects not previously disclosed. [...]

Help is Here for Kansas City Foreclosure Rescue Scams

TerryTom — Mon, 12 Apr 2010 15:58:33 +0000

Kansas City has joined the national NeighborWorks America campaign to help strapped homeowners avoid illegal loan-modification scams and connect with legitimate housing counselors instead, state and community leaders. [...]

Is it Wise to Stop Making Your Kansas City Mortgage Payments?

TerryTom — Mon, 08 Mar 2010 15:37:55 +0000

Moody's Investors Service projects the national rate of homeowners with negative equity to near 50% by early 2011. [...]

Kansas City’s Newest Homeless in Affluent Johnson County

TerryTom — Mon, 15 Feb 2010 16:46:57 +0000

....ever since the family found itself homeless because of cut-off utilities, she and her husband have tried to keep life as normal as possible for their three daughters, ages 11, 8 and 5. That means meals in, chores and same bedtime. But one room with two queen-size beds and a view of a parking lot trash bin is hardly home sweet home. Davis does laundry in the bathtub, and a large blue cooler under the sink serves as the family’s refrigerator. [...]

Lucky to Die in 2010? Do the Estate Tax Limbo-in Kansas City

TerryTom — Mon, 04 Jan 2010 15:39:27 +0000

The expiration of the US estate tax excemption occured December 31st, 2009. Currently, the federal lifetime estate and gift tax exemption for an individual is 3.5 million. According to the UPI, while you can’t predict the future, you can help plan for it. And the key to planning in these uncertain times is flexibility, especially in [...]

Kansas Speedway most successful sports — and business — enterprise of the decade in Kansas City.

TerryTom — Wed, 30 Dec 2009 16:48:31 +0000

The annual IndyCar Series/NASCAR Camping World Trucks weekends and NASCAR Sprint Cup weekends drew sellout crowds in excess of 100,000 per event, and the Speedway was part of the Village West and Legends retail developments that attract more than 10 million visitors annually, making it the biggest tourist destination in the state of Kansas. A new casino project that was approved for the speedway earlier this month. [...]

Kids Build Kansas City Bridges!

Terry — Mon, 07 Dec 2009 15:36:46 +0000

“I love all the people who do it, with and without disabilities,” Allie said. “They’ve changed my life completely. I know I want to spend my life working the special needs people… They make me happy.” “Becoming their personal best and letting them communicate their ideas and feelings is so important,” Wagnon said. “They bring joy and no fear.” [...]

The NEW Kansas City Tax Credit for Move Up, Military and 1st Time Buyers!!

TerryTom — Thu, 19 Nov 2009 06:33:18 +0000

The homebuyer tax credit expansion measure includes these provisions: [...]