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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 [...]

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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 [...]

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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 more your home matches [...]

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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 condo [...]

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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 time. [...]

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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 [...]

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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 cities [...]

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The Realities Of Real Estate

by Lynette Chapman June 16, 2009

It is my job, as your Realtor, to enlighten the lender, the buyers broker, the appraiser, and the tax assessor of the reality of your home.
How could folks have such different perceptions?
Give me a call to find out how I can help you manage everyone’s perception to bring you the greatest benefit!

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10 ways to not sell your house

by Lynette Chapman January 11, 2009

10 ways to not sell your house – MSN Real Estate – Page 1 of 11
1. Leave the lawn
There’s no sense in fixing up the yard. After all, it’s the house they’re coming to see!

Or … See your yard as an extension of the house and give it a thorough once-over. Trim unruly bushes, pull [...]

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Wichita-area housing ‘looks pretty good’ – Wichita is the fourth-best market in the nation

by Lynette Chapman November 21, 2008

The Wichita Metropolitan Statistical Area is the fourth-best in the nation for home price appreciation, according to a study released by the National Association of Realtors.
Wichita’s third-quarter 2008 median price of $125,300 was up 5.5 percent, ranking the area behind Elmira, N.Y., Decatur, Ill., and Bloomington-Normal, Ill.
The reason: Housing markets with good economies produce [...]

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Home sales see biggest gain since July 2003

by Lynette Chapman October 26, 2008

WASHINGTON (Reuters) – Sales of previously owned U.S. homes rose 5.5 percent last month, the biggest gain since July 2003, and the inventory of unsold homes fell, a hopeful sign for a housing market mired in a long slump.
The National Association of Realtors said on Friday that sales of existing homes rose to a 5.18 [...]

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Pending home sales up 7.4 percent in August | Kansas.com

by Lynette Chapman October 8, 2008

WASHINGTON – Pending home sales rose 7.4 percent from July to August, an unexpected piece of positive news for the battered U.S. housing market.
The National Association of Realtors said Wednesday its seasonally adjusted index of pending sales for existing homes rose to 93.4 from an upwardly revised July reading of 87. The reading was [...]

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Old Town wins national planning award | Kansas.com

by Lynette Chapman October 8, 2008

The American Planning Association named Old Town one of 10 great neighborhoods in the country this morning, and city officials announced a party in Old Town Square Friday evening to celebrate.
Old Town wins national planning award | Kansas.com

Tags: oldtown, wichita, kansas, neighborhoods, 10 great neighborhoods, Old Town Square, National [...]

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Forecast: Wichita to see 6,095 new jobs in 2009 – Wichita Business Journal:

by Lynette Chapman October 7, 2008

Next year will bring continued job growth in the Wichita market, despite the national economic downturn, according to the Wichita State University Center for Economic Development and Business Research.
The group’s annual economic forecast, released Tuesday, predicts 6,095 new jobs for 2009.
Wichita will see “modest broad-based expansion” in the local economy as the city’s aircraft manufacturing [...]

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