Blog

Guaranteed Rural Development Loans are Ending

by LiveInWichita.com March 12, 2010

I received this message this morning from one of the Wichita mortgage lenders that I deal with on a regular basis. Rural Development loans are 100% loans for low-income families. These loans have income, purchase price and area limitations. These are the areas in and around Sedgwick County that usually qualify for a USDA Rural [...]

Read the full article →

FHA Changes Coming Soon, Apply Now

by LiveInWichita.com March 11, 2010

Those Who Wait Will Pay Thousands More This Spring 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 by the Federal Housing Authority (FHA). Coming just weeks before the [...]

Read the full article →

Appeal Your Property Tax Bill

by LiveInWichita.com March 9, 2010

By: Barbara Eisner Bayer To successfully appeal your property tax bill, you first need to do a bit of sleuthing into your real estate assessment. Owning a home is an expensive proposition. There’s maintenance, landscaping, utilities, renovations, and, of course, taxes. It’s your civic duty to pay the latter, but it’s also your right not [...]

Read the full article →

Household Spending, How Wichita Compares

by Lynette March 9, 2010

Bundle.com lets visitors compare household spending in their part of the country with the national average. Wichitan’s actually spend more than the national average on dining out, groceries and travel but less on entertainment and gas in their vehicles. Click here to see the specifics of the study.

Read the full article →

Wichita Housing Market is Looking Good

by Lynette March 6, 2010

Wichita State University’s Center for Real Estate released their 2010 Kansas Housing Market Forecast yesterday. Here are the highlights: employment will continue to go down through the first quarter of 2010, then will recover slowly the Mortgage Bankers Association predicts that interest rates will continue to be low through 2011 by then end of 2011, [...]

Read the full article →

Advantages of a Buyer’s Agency Agreement

by LiveInWichita.com January 4, 2010

YOUR INTERESTS ARE PROFESSIONALLY REPRESENTED Enlisting the services of a professional Buyer’s Agent is similar to using an accountant to help you with your taxes, a doctor to help you with your health care, or a mechanic to help you with your car. If you had the time to devote to learning everything about accounting, [...]

Read the full article →

Minor Fixes to Sell Your Wichita House Faster

by Lynette Chapman December 13, 2009

When it comes to selling a home fixing some of the minor problems will usually help your Wichita house sell quicker, and possibly for more money. It is best to make these improvements before you put your Kansas home on the market. Here is a list of items that you may want to refer to [...]

Read the full article →

Wells Fargo Offering Some No Cost Refinances

by Lynette December 5, 2009

If you have an existing mortgage with Wells Fargo, this may be the time to refinance. They are offering to permanently lower interest rates on existing CONVENTIONAL loans at No Cost to the borrower. What is even better, is that they aren’t requiring any documentation. You simply need your loan number to see if you [...]

Read the full article →

Home Sales in Wichita Are Up, Tax Credit to Thank

by Lynette November 12, 2009

There was good news for the Wichita real estate market today. According to the Wichita Business Journal, home sales in October increased by 2 percent over sales from October 2008. Many Realtors give credit to the increase in home sales to the $8,000 tax credit for first time buyers. The report, from the Wichita Area [...]

Read the full article →

Understanding the buyer

by Lynette Chapman November 10, 2009

As the seller, you can control three factors that will affect the sale of your home: * The home’s condition * Asking price * Marketing strategy However, it’s important to note that there are numerous other factors that influence a buyer, and you need to understand these consumer trends when you enter the market. The [...]

Read the full article →

First Time Buyer Tax Credit Extended, Plus New Credit for Existing Homeowners Wanting to Buy Again

by Lynette November 7, 2009

The Extended Home Buyer Tax Credit: The Basics for REALTORS, Homebuyers, and Home owners from the National Association of REALTORS. The First Time Home Buyer Tax Credit has been extended. First Time buyers have until April 30, 2010 to enter into a contract on a new home purchase. Buyers can purchase a single-family home, a [...]

Read the full article →

10 Tips To Improving Your Credit Report

by Lynette Chapman October 6, 2009

Credit is something that some take lightly or give little thought to until it’s really needed. There are 10 things that you can do to make sure that your credit is always in good standing so it will be available when you are ready to buy a Wichita home. 1 – Pay your bills on [...]

Read the full article →

FHA loans for houses that need renovation

by Lynette Chapman August 18, 2009

I ran across this article today about FHA rehab loans. This is a great program available for buyers who want to buy a ‘fixer upper’ and don’t have a lot of cash. The down payment is only 3.5% . With this program you can finance repairs that need to be done on your new Wichita [...]

Read the full article →

Wichita is One of Metropolitan Areas with Low Risks for Foreclosure

by Lynette Chapman July 14, 2009

There are news on foreclosures practically everywhere. As of today, millions of homeowners have lost their homes due to foreclosures and it seems that there is no end in sight to these depressing circumstances. The three states that have been hit hard by these mortgage troubles are California, Arizona, and Florida. The areas in these [...]

Read the full article →

← Previous Entries

Next Entries →