I am so proud to say that we just assisted another Johnson County KS homeowner seeking to short sell their Shawnee home. 

The loan was an FHA insured with BB&T and frankly, was one of the best experiences I have had in working with a bank/investor on a short sale.  I found it very easy to communicate with BB&T’s short sale specialist which made the process run smoothly and to the benefit of BB&T and FHA.

 

It is refreshing being able to experience a working relationship with a lender on a short sale transaction that went so smoothly and was a “win-win” for both our Sellers and the lender/investor. 

 Request a Free Confidential, no obligation, analysis of your home and options that may be available to you to help reduce the burden you may have.

Kansas and Missouri Short Sale real estate agent having successfully closed short sales with Bank of America, Chase, Citi, US Bank, Wells Fargo, BBT, and others.

Suzanne Hinton
Hinton Group-Affiliated with ReMax Premier Realty
Phone: 816-520-0917
Email: shinton@remax.net
Licensed in Kansas and Missouri

(There are potential tax consequences that should be discussed with a tax professional.  Please do not interpret this information as providing legal, tax or other professional advice which you should seek independently.)

©2011 Suzanne Hinton-Hinton Homes-Shawnee Short Sale Realtor
Kansas City Short Sales

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The market trends are updated on a monthly basis in order that you can stay up to date on Prairie Hills real estate.  Please contact me  if you would like additional information or have questions.

Prairie  Hills Real Estate 12 Month Average Sales Price 

  •  Prairie Hills Prairie Village Kansas Home Active Inventory.  There are currently a total of 5 Prairie Hills Prairie Village KS single family active listings with an average list price of $179,600. 
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  • Prairie Hills Prairie Village Kansas Homes Sale Pending/Sold.  From October 1 to October 31, 2011, there was 1 Overland Park KS single family home listings in Prairie Hills  having gone under contract with an average list price at the time of going under contract of $299950 and with 4 homes having closed during this time with an average sales price of $184,238.   
    (Information provided by Heartland Multiple Listing Service and is deemed correct but not guaranteed.)

 

Suzanne Hinton.The Hinton Group/ReMax.(816) 520-0917.shinton@remax.net

My Home PV-Prairie Hills Real Estate and Neighborhood
www.myhomepv.com

 

 
“My Neighborhood Update”

 

 Real Estate Specialists for Prairie Village KS Neighborhoods including Prairie Hills, Prairie Fields and Prairie Village Subdivision.

Prairie Village KS Real Estate|Prairie VillageKS Homes|Prairie Village KS Real Estate Agents

 
 

2011 Suzanne Hinton-Hinton Group-Prairie Village KS Realtor
Prairie Village KS Real Estate

Image: xedos4 / FreeDigitalPhotos.net
Image: Digitalart/Photos.net

This post is Part 2 of the series of: If you own an FHA or HUD insured home and you are desiring to request a short sale of your home, there are specific requirements that must be met.  I have worked with a number of homeowner’s in selling their FHA insured home and before listing their home for sale, we discuss the guidelines that I know FHA is going to require be met by my homeowner Sellers.  

I am going to provide some of the FHA and/or HUD insured guidelines for a short sale over the course of several posts and try to give examples of facts that might fit the requirements.  The second that I want to discuss is the requirement that the home must be listed with a real estate agent that is not related to you.

Be careful when choosing your real estate agent that you choose not only an agent that is experienced with successfully selling short sales, familiar with your market area, but that is not your cousin, sister-in-law or other relation.  The goal is to reflect an “arm’s length” transaction every step of the way.

Each situation will be specific to the individual homeowner.  But, overall, it is important to be aware that one of the requirements for a FHA and/or HUD insured short sale, is that your home listed with a real estate agent that is not related to you. 

If you don’t know what to do if  you are falling behind on your mortgage payments or you are currently facing foreclosure of your Kansas City home, Kansas or Missouri, please continue to read the upcoming posts and Request a Free Confidential, no obligation, analysis of your home and options that may be available to you to help reduce the burden you may have.

(There are potential tax consequences that should be discussed with a tax professional.  Please do not interpret this information as providing legal, tax or other professional advice which you should seek independently.)
(Image courtesy jscreationz/FreeDigitalPhotos.net) 

About the Author:

Suzanne Hinton
Hinton Group-Affiliated with ReMax Premier Realty
Voted 5 Star Best in Customer Satisfaction Real Estate Agent
Phone: 816-520-0917
Email: shinton@remax.net
shortsellingyourkansascityhome

©2011 Suzanne Hinton-Hinton Homes-Kansas City Short Sale Realtor
Kansas City Short Sales

If you own an FHA or HUD insured home and you are desiring to request a short sale of your home, there are specific requirements that must be met.  I have worked with a number of homeowner’s in selling their FHA insured home and before listing their home for sale, we discuss the guidelines that I know FHA is going to require be met by my homeowner Sellers.  

I am going to provide some of the FHA and/or HUD insured guidelines for a short sale over the course of several posts and try to give examples of facts that might fit the requirements.  The first that I want to discuss is the requirement that the home must be owner-occupied with exceptions in certain cases for job transfer, death and divorce for example.

I recently sold a home for a homeowner that had a FHA insured loan.  He had previously vacated the home and had moved out of State.  At the time we requested to be approved for a short sale, the Seller provided evidence that his reason for vacating the property and therefore, the home being vacant, was due to the need to have to move out of State in order to be able to obtain another job in his field of employment.  We documented this through not only with his current income statements, but through a letter explaining the history and reason for his move.  We were able to obtain an exception to the requirement of the home being owner occupied. 

Each situation will be specific to the individual homeowner.  But, overall, it is important to be aware that one of the requirements for a FHA and/or HUD insured short sale, is that your home be owner occupied. 

If you don’t know what to do if  you are falling behind on your mortgage payments or you are currently facing foreclosure of your Kansas City home, Kansas or Missouri, please continue to read the upcoming posts and Request a Free Confidential, no obligation, analysis of your home and options that may be available to you to help reduce the burden you may have.

(There are potential tax consequences that should be discussed with a tax professional.  Please do not interpret this information as providing legal, tax or other professional advice which you should seek independently.)
(Image courtesy jscreationz/FreeDigitalPhotos.net) 

About the Author:

Suzanne Hinton
Hinton Group-Affiliated with ReMax Premier Realty
Voted 5 Star Best in Customer Satisfaction Real Estate Agent
Phone: 816-520-0917
Email: shinton@remax.net
shortsellingyourkansascityhome

©2011 Suzanne Hinton-Hinton Homes-Kansas City Short Sale Realtor
Kansas City Short Sales

New on the market is this Kansas City home with family room and finished lower level.
 
Located at 1315 NW 57th Terrace, this Kansas City home is  ONE OF A KIND…SHOW READY! PERFECT MOVE IN READY NEWER HOME WITH EQUAL OR GREATER FEATURES AS HIGHER PRICED HOMES*OPEN FLOOR PLAN
OFFERING BOTH LIVING RM & UNIQUELY SPACIOUS FAMILY RM PLUS NEWER FINISHED REC RM* 2 SEPERATE WALKOUTS TO DECK & NEWER FLAGSTONE PATIO & PARKLIKE BKYARD*PRIVATE MASTER W/PRIVATE LARGE BATH*EXCEPTIONAL KITCHEN WITH BEAUTIFUL CABINETRY*EAT-IN*HARDWOODS*VAULTED CEILING. 

YOU WON’T BE DISAPPOINTED with this wonderful home for sale in Kansas City priced in the low $220’s.

Full details for 1315 NW 57th Terrace and other homes for sale in Kansas City can be found at http://www.ourhomekc.com.
 

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Kansas City Homes for Sale  

What’s My Kansas City Home Worth In This Market?

About the Author:
“Metro Kansas City Homes Specialist”
Having assisted 100′s Metro Kansas City home buyers and sellers
Suzanne Hinton
Hinton Homes-Affiliated with ReMax Premier Realty
Broker Associate
Voted 5 Star Best in Customer Satisfaction Real Estate Agent
Licensed in Kansas and Missouri
Phone: 816-520-0917
Email: shinton@remax.net
www.hintonhomes.com

 

 

 






© 2011 Suzanne Hinton-Hinton Homes–Kansas City Realtor
Kansas City Home

You have now determined that your principal residence meets Step One of the Streamlined Short Sale Process.  Your Kansas City home value compared to your mortgage fit the definition of a “short sale.”  The next step is to determine if you meet Step Two for short selling your Kansas City home with a streamlined process:

If you or someone you know don’t know what to do if you owe more than your home is worth, you are falling behind on your mortgage payments or you are currently facing foreclosure of your Kansas City home, Kansas or Missouri,  please continue to read the upcoming posts and Request a Free Confidential, no obligation, analysis of your home and options that may be available to you to help reduce the burden you may have.

It has been my pleasure to help a number of Sellers with their Kansas short sale or Missouri short sale.  Consider me an available resource to help you determine what the best direction is for you.   The bottom line is DON’T believe that there is nothing that you can do.   There is the possibility of short selling your Kansas City home.

Suzanne Hinton, your best choice for a Kansas City short sale expert

(There are potential tax consequences that should be discussed with a tax professional. Please do not interpret this information as providing legal, tax or other professional advice which you should seek independently.)

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Homes for sale in Kansas City    •What’s My Kansas City Home Worth In this Market

About the Author:

Suzanne Hinton
Hinton Homes-Affiliated with ReMax Premier Realty
Voted 5 Star Best in Customer Satisfaction Real Estate Agent
Phone: 816-520-0917
Email: shinton@remax.net
www.hintonhomes.com

 

 

©2011 Suzanne Hinton-Hinton Homes-Kansas City Short Sale Realtor
Kansas City Short Sales

 

Image representing iPhone as depicted in Crunc...

Image via CrunchBase

Here are some great downloadable BlackBerry, iPhone and Android apps to help our Kansas City Home Neighbors maintain, improve and save on their homes.  Some really neat apps such as  knowing when and what to plant or matching  paint colors. 

Gather some helpful and free information to make ownership of your Kansas City home  easier and more profitable for you as we continue to provide informative reports and articles.  

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Kansas City Homes   • What’s My Kansas City Home Worth In This Market?

About the Author:
“Metro Kansas City Homes Specialist”
Having assisted 100′s Metro Kansas City home buyers and sellers
Suzanne Hinton
Hinton Homes-Affiliated with ReMax Premier Realty
Broker Associate
Voted 5 Star Best in Customer Satisfaction Real Estate Agent
Licensed in Kansas and Missouri
Phone: 816-520-0917
Email: shinton@remax.net
www.hintonhomes.com

 

 

 






© 2011 Suzanne Hinton-Hinton Homes–Kansas City Realtor
Kansas City Home

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