Rachel Hunt's (rhunt) Blog

By
Real Estate Agent - Reece & Nichols
RECENT BLOG POSTS
Someone once said that buying a foreclosed home would create "bad" Karma.  Losing your home and having to move must be incredibly difficult.  To think that the buyer would benefit from someone else's loss seems somewhat immoral.  On the other hand, I would think that fixing something that is brok...
08/31/2011
1 Comments
Henry Blodget from the Business Insider wrote that 31% of the nations securitzed loans are non-performing (in default).  That just doesn't seem realistic.  Does anyone have a better number?  If not, then the sky is definitely falling.
08/31/2011
Come see this beautifully updated, two-story home in Hamptonshire.  5 Bedrooms, 3.5 baths, and open floor plan make this a perfect home for families.  Enjoy the HUGE walkout finished basement.  This one won't last at this price!  Find Homes in KC
08/30/2011
Recently, I helped a young couple purchase a home.  They told me they wanted a foreclosure so they could get the "instant equity" associated with a buying a distressed home.  They said they were not afraid of doing some work, and gutting the place if needed.  I showed them house after house, but ...
08/29/2011
0 Comments
I can't believe the number of articles I'm reading that are giving misinformation to potential home buyers.  I read an article this morning on Yahoo Finance that said home buyers need to come up with at least 20% down.  This is FALSE!  Today, a home buyer can get an FHA loan with only 3.5% down o...
08/29/2011
0 Comments
Have you read about how you can leverage your IRA to buy real esate?  Matt Allen (NASB) wrote a book on the subject.  If you are tired of the volatility in the stock market, you should think about diversifying your portfolio.  My husband and I rolled our 401k into a self-directed IRA and started ...
08/29/2011
I read in the Wall St Journal today that the top three factors effecting real estate values are "jobs, jobs, jobs", and not "location, location, location".  This makes a lot of sense because if unemployment is high, foreclosures will increase, and housing values will fall.  Then I researched the ...
08/29/2011
0 Comments
If you are looking to buy a home, now is the time.  In Kansas City, there is a 9.4 month supply of homes on the market.  This number is calculated by taking the current inventory and dividing by the average number of homes sold per month.  A 5-6 month supply means that it is a balanced market.  L...
08/29/2011
5 Comments
Buy low, and sell high.  We all know that successful investors follow this advice.  The problem with applying this idea to Real Estate (or any other asset) is that it is difficult to tell when we have hit bottom.  Have home prices hit bottom in my area?  I don't know for sure, but here's what I d...
08/29/2011
Rainer
9,433

RachelHunt

local_phone(913) 402-2540
smartphone(913) 558-7958
Contact The Author