Foreclosure in Overland Park : Advice

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Luanne Reeves, Real Estate Pro in Johnson County, KS
Luanne Reeves answered:
What assets can bank pursue on a short sale in Kansas?
Whether or not the bank will pursue a deficiency depends upon the type of loan you have, as well as the terms of the short sale. If you have an FHA loan, and you are accepted into the ... more
1 vote Share Flag Thu Feb 6, 2014 Foreclosure in 66223
Michael Russ…, Real Estate Pro in Overland Park, KS
Bank of America, as part of their Equator system update for short sales has just released their agent locator for Johnson County Kansas. Bank of America is trying to make is easier to locate approved… Read more
Blogged Wed Jun 13, 2012 by Michael Russell Market Conditions Home Selling Foreclosure
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Suzanne Hint…, Real Estate Pro in Overland Park, KS
 "My Neighborhood Update"I am not going to lie.  My home is not in pre foreclosure and I don't know how it feels to have my home potentially foreclosed upon.  However, I do know from helping our… Read more
Blogged Sat Nov 19, 2011 by Suzanne Hinton-The Hinton Group Home Selling Foreclosure Property Q&A
Michael Russ…, Real Estate Pro in Overland Park, KS
FOR IMMEDIATE RELEASE: Contact: Michael RussellContact Person: Michael RussellCompany Name: Realty Executives of Kansas CityTelephone Number:             913-… Read more
Blogged Wed Nov 2, 2011 by Michael Russell Home Buying Home Selling Foreclosure
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Suzanne Hint…, Real Estate Pro in Overland Park, KS
Who is the Seller when entering into a contract for the sale of a home as a "short sale"? Is it the homeowner? Is it the mortgage holder, the lender? This can be confusing. I always discuss this issue,… Read more
Blogged Wed Oct 5, 2011 by Suzanne Hinton-The Hinton Group Home Selling Foreclosure Property Q&A
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Suzanne Hint…, Real Estate Pro in Overland Park, KS
This post is Part 3 of the series: If you own an FHA or HUD insured home and you are desiring to request a short sale of your Overland Park KS home, there are specific requirements that must be met.… Read more
Blogged Sun Sep 11, 2011 by Suzanne Hinton-The Hinton Group General Area Home Selling Foreclosure
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Michael Russ…, Real Estate Pro in Overland Park, KS
You hear the car door close and you look out the window, who is this strange person coming towards my door?Well if your home is in pre-foreclosure they may be a predator, a wolf in sheeps clothing. If… Read more
Blogged Fri Sep 9, 2011 by Michael Russell Home Selling Foreclosure Property Q&A
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Michael Russ…, Real Estate Pro in Overland Park, KS
There are 2 big misconceptions about foreclosure out there, 1 there are no other options available and 2my lender won't help me they only care about foreclosing me out of my home.Why as homeowners… Read more
Blogged Fri Sep 9, 2011 by Michael Russell Home Selling Foreclosure Property Q&A
Michael Russ…, Real Estate Pro in Overland Park, KS
There is a new website for Johnson County Kansas homeowners facing foreclosure,the new websit http://ewww.JohnsonCountyForeclosureHelp.com is designed to provide information on how to avoid foreclosure and… Read more
Blogged Tue Aug 9, 2011 by Michael Russell Market Conditions Home Selling Foreclosure
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Michael Russ…, Real Estate Pro in Overland Park, KS
Are you interested in foreclosure properties in Johnson County Kansas? Mortgage giant Fannie Mae announced a new incentive program to help sell off their growing inventory of Foreclosed homes. The Fannie… Read more
Blogged Tue Nov 23, 2010 by Michael Russell Home Buying Foreclosure
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Rosemary Rie…, Real Estate Pro in Overland Park, KS
Rosemary Rieke Male answered:
Who determines what bids are taken and which are rejected on HUD Foreclosures?
Hud looks at all offers, and yes owner occupied and cash is their dream. They look at the overall contract and pick via the best terms in a sellers eyes. The bottom dollars to them, if ... more
0 votes Share Flag Thu Sep 23, 2010 Foreclosure in Overland Park
Twyla J. Rist…, Real Estate Pro in Overland Park, KS
On November 30, 2009, the Treasury Department released guidelines and forms for its new Home Affordable Foreclosure Alternatives Program (HAFA). HAFA is part of the Home Affordable Modification Program… Read more
Blogged Wed Mar 17, 2010 by Twyla J. Rist, The Rist Group Foreclosure
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Sharon Sigman, Real Estate Pro in Prairie Village, KS
If you are looking to invest in real estate, buy your first home or move up, check out the many bargains in Overland Park, KS. http://www.KCBankForeclosures.com  Read more
Blogged Tue Feb 23, 2010 by Sharon Sigman Foreclosure
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Tom McChesney, Real Estate Pro in Prairie Village, KS
It's been a while since I've posted and in that time I have seen an interesting shift with foreclosures, at least from a buyer's perspective.  During late 2008 & early 2009, it seemed that there… Read more
Blogged Sat Dec 5, 2009 by Tom McChesney Foreclosure
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Tom McChesney, Real Estate Pro in Prairie Village, KS
If you play in the foreclosure space, you often have to have the patience of Job.  During the negotiation process, it can take a long time to get the bank (or whatever the foreclosing entity is) to… Read more
Blogged Thu Apr 16, 2009 by Tom McChesney Foreclosure
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Tom McChesney, Real Estate Pro in Prairie Village, KS
Unfortunately a lot of time has elapsed since my last entry, but as you might expect, I have been engaged in several foreclosure deals!Negotiating with the foreclosing entity will vary widely depending… Read more
Blogged Sat Mar 28, 2009 by Tom McChesney Foreclosure
David Van Noy…, Real Estate Pro in 66224
David Van Noy, Jr. answered:
If a taxpayer dies and capital loss carry overs are not used -Will the taxpayer's estate be allowed to use it?
It depends on how long ago they died. If they died within the year then it may be possible to take advantage of the capital gains exclusion here. If it has been over the time limit se ... more
0 votes Share Flag Sat Mar 28, 2009 Foreclosure in Antioch 75
Twyla J. Rist…, Real Estate Pro in Overland Park, KS
There are so many homeowners, as well as homebuyers,that are currently confused on what a short sale really is.With the values of real estate going down what you may have thought your home was worth previously… Read more
Blogged Sat Mar 7, 2009 by Twyla J. Rist, The Rist Group Foreclosure
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Tom McChesney, Real Estate Pro in Prairie Village, KS
I'll start with praise.  Unlike some of the other foreclosing institutions, HUD foreclosures are usually priced well as compared to the surrounding area, even when considering the work that will need… Read more
Blogged Thu Feb 5, 2009 by Tom McChesney Foreclosure
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Tom McChesney, Real Estate Pro in Prairie Village, KS
As I mentioned in my last blog, I have had the opporutnity over the past few months to look at a lot of lower-priced properties that have been foreclosed upon.  I have even looked at a few that weren't… Read more
Blogged Mon Jan 12, 2009 by Tom McChesney Foreclosure
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