Info submitted by Terri Mentzel – 1st Community Bank 2/15/2010 Waiting a few extra days or weeks to purchase a home this spring could cost buyers thousands of extra dollars as the office of Housing and Urban Development (HUD) implements several changes for loans guaranteed...
September 25, 2009 – ATTN. KS, MO, & OK BROKERS: Effective September 25, 2009 HUD is offering a $100 Down payment initiative for the states of Kansas, Missouri, and Oklahoma. HUD is offering a $100 Down Payment Initiative. The $100 down payment is for owner...
When a homebuyer wants to purchase a house in need of repair or modernization, the homebuyer usually has to obtain financing first to purchase the dwelling; additional financing to do the rehabilitation construction; and a permanent mortgage when the work is completed to pay off...
IRS Sets New Rules for Tax Credit The IRS has spelled out guidelines for eligibility for the home buyer credit when co-borrowers purchase a property. When a home-owning parent of an adult child co-signs for a mortgage and both names appear on the note, the...
Do you have questions about the home buying process? Are you thinking of buying but don’t know where to start? Have you been looking online for a home and wonder what paperwork you need to complete? Do you wonder how the $8,000 credit works and...
A lot of our clients have admitted to having some troubles in saving up that down payment. Saving up several thousand dollars can put a strain on any budget and is the number one factor that deters many potential buyers from ever being able to...
With more and more homes being foreclosed and more to come, there are certain to be some good values out there for the patient and handy buyer. Foreclosures often times are in need of maintenance and repair. Banks are not going to fix up a...
Click Here to listen to this audio training on investing in a rehab home. Keys to keep in mind when buying a rehab: What is your time worth to you? How much profit do you want to make on the property? Will it...
What is ROI? ROI is a term that is used to describe the “return on investment.” Flipping a house is a lot of work. The time to figure out what you could make is before you overpay for the property. You need to know how...
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Angela Shopper,Licensed in Kansas and Missouri - Brokerage/Keller Williams - Key Partners/Chris Collins Broker/913-825-7500 ph/913-825-1139 fax/
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