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66214 : Real Estate Advice

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  • Home Buying0
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Sun Mar 8, 2015
Keith Sorem answered:
Maria
I am puzzled why you are posted this question. You have a Realtor that knows your situation, knows the local market, and knows the subject property. They are in a much better position to offer advice than any of us.

The one piece of advice I will give you is to sit down and anticipate what your lives might be like in a few years and try to visualize how this home meets your family's needs. For example, as your children grow, is the yard large enough? Where can they learn to ride a bike?
Or as you get older, you may love the view but how do you like climbing 29 steps to the main floor?

Also, you could ask about the city's future development plans... A LOCAL Realtor can best advise you.
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Tue Jun 24, 2008
Barbara Vance answered:
Gen,

Not sure what the local MLS offers, but they might have what we call a flash system. Find a great Realtor who will set you up on an automated notification system. You'd have your parameters entered and when a new listing is uploaded or a price reduction is offered you would get an email notification.

On great buys you also have to be ready to pull the trigger. Pre-approved with letter from respectable lending institution.

Happy hunting!
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Tue Jun 3, 2008
Chris Lengquist answered:
Well, yes. Builders have been hit hard by the slowdown. The market overall is right about par. But builders are not in a position to hold on to houses that don't close because like everywhere the lending atmosphere is punative and expensive. ... more
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Thu May 8, 2008
Eric Rogers answered:
I don't know of any obvious problems with homes that back to the west because of the simple fact that they back to the west. In some religions a home that faces south is considered bad luck, but I have never heard that applied to one facing east (and backing west).

The only issues I would watch out for with the steepness of the yard would be related to drainage. If the yard is steep and drains water towards your home, you might have issues if the drainage isn't good. Other than this potential issue, I can't think of anything else that would be bad about a steep yard. But that's just my personal opinion of course.
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Tue Jun 24, 2008
Sharon McElrath answered:
Your first step would be to visit with your local bank or mortgage loan officer. It's important to know what you can afford. Keep in mind that once a lender gives you an amount that you qualify for, leave some room for other monthly expenses - don't get caught if an emergency arises, or circumstances change. Don't be afraid to interview agents. This is one of the biggest purchases you will ever make. ... more
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Tue Jun 24, 2008
Rebekah Herzog answered:
Hi, Sandra! There are factors that go into loan approval. If the bankruptcy was due to unemployment or illness there may be a greater chance for loan approval in a short amount of time. Also, after foreclosure your interest rate could be significantly higher than the current average rate. I highly recommend locating a professional lender to help guide you through the process. I have a couple of lenders' names I can give you, just send me an email at rebekah@rebekahherzog.com and I'll forward them on to you.
Good luck!
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Thu Jan 26, 2012
Chris Lengquist answered:
All over the map!!! Rents can range from $550 to $1,500 depending on many, many things. I work exclusively with real estate investors. If I can be of help, just contact me. Or read my blog at www.bbqcapital.com. ... more
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Wed Nov 17, 2010
Rebekah Herzog answered:
Hey, Tom.
I'm sure you're going to love the KC area. Overland Park and Leawood are great areas and you are sure to find a nice home to fit your needs there. The market in the KC area is much more stable than those on the coasts, however it is tending to lean a bit to the buyer currently. Let me know if you would like more information on KC - I'd be glad to send you some information.
Good luck!
Rebekah: www.RebekahHerzog.com
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Sat May 21, 2011
Mike Russell answered:
Just opened this week, so get on in there.
0 votes 5 answers Share Flag
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