Posted by Amy Vochatzer // July 29, 2020
We are facing an avalanche of evictions. Normally, every year in the United States brings about 3.7 million evictions, according to Matthew Desmond, principal investigator of Princeton University’s “Eviction Lab” project, which tracks evictions throughout the country and produces the first nationwide eviction database. Because of coronavirus and the massive loss of jobs, today, 28 […]
Posted by Amy Vochatzer // July 22, 2020
Covid-19 has filled this observer with conflicting views about residential real estate in Kansas City and the nation. The Ritz Herald shares this information, “eraldHerald Active listings—the count of all homes that were for sale at any time during the month—fell 20.7% year over year in June, similar to the record declines seen in April […]
Posted by Amy Vochatzer // July 15, 2020
What does a seller do at closing? Does he wave and flash a smile? The closing is an important day for you as a home seller. You will transfer the property to the buyer, fully pay off any mortgages, and receive your sales proceeds. If you are using the proceeds for a new home purchase […]
Posted by Amy Vochatzer // July 8, 2020
The latest housing news is a mixed bag for homebuyers looking to buy a home. According to the Mortage Professionals of America, “US homes are selling at their fastest pace in more than two years.” Despite low inventory, newly pending sales increased 13.7% month over month as buyers returned to the market. Homes were also […]
Posted by Amy Vochatzer // July 1, 2020
What is closing if you are a buyer? If you’re a typical buyer, you looked at houses online and in-person with your realtor. You found the house for you and your family in the perfect neighborhood and at your price. You made an offer and the seller accepted. Now it is time for the closing. […]
Posted by Amy Vochatzer // June 24, 2020
What Is probate? When a family member dies, what happens to the estate; the bank and savings accounts, the stock and bond accounts, the real estate, insurance, trusts, annuities, business interests, and other assets? It all depends on probate. What Is Probate? Nolo Law for All says, “Probate is a legal process that takes place […]
Posted by Amy Vochatzer // June 17, 2020
It was sweet getting $1,200 from the government, wasn’t it? Yes, they printed the money out of thin air. For many, though, it kept the wolves from the door during the Covid-19 lockdown when little money was coming in. Getting cash in your hands after the fast sale of your home is even sweeter. But did […]
Posted by Amy Vochatzer // June 10, 2020
According to CNBC, “Renting an apartment or a single-family home may seem easier than buying one, especially as so much of the process is online.” Easier, however, isn’t always safer. More than 43 percent of renters have found listings that seem fraudulent, and more than 5 million have fallen for common rental scams, often losing […]
Posted by Amy Vochatzer // June 3, 2020
“I can’t pay the rent.” “You must pay the rent.” “I can’t pay the rent.” “You must pay the rent.” “Anything but the rent.” “Anything?” “I’ll pay the rent.” “My hero.” “Drat. Foiled again.” My kids used to play this scenario between the fair maiden and the dastardly landlord and the unexpected entrance of Dudly […]
Posted by Mike Landfair // May 27, 2020
Unfortunately, in this Covid-19 economy, we may see many homeowners in trouble financially, meeting their mortgage obligations. They may want to sell, but they have fallen behind with maintenance. The house may require a lot of money to correct conditions that any competent inspector would reveal. Most realtors would caution against listing the house for […]
