Kansas City, MO Real Estate News

By Justin Ukaoma, Kansas City Real Estate Investments
(Vizion KC)
Crews are scheduled to start work on Project Brookside this week. I’ve been waiting on Vizion to do a Brookside home ever since Project Dartmouth last year.  Vizion homes in Brookside are done with solid surface granite and stainless steel appliances.  Upon completion this home is expected to list for $325,000. Project Brookside will be a four week job which mean this home will be ready well before Christmas.  Get your pre approvals taken care of today.  I will keep everyone posted on the progress of the remodel. What is Project Brookside? Invest In Real Estate With Vizion KC vizionkc.com – Justin of VizionKC
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By Maria Morton, Kansas City Real Estate 816-560-3758
(Platinum Realty)
It's A Tough Market Out There! I had a pointer sign up at an intersection on the outskirts of Kansas City directing traffic to a listing. One of those big tractors with a grass mower attachment came along and ran over my sign, mangling it slightly. After bringing the sign back to the office and propping it up against my desk, several people asked me what happened to my sign. Rather than explaining about the tractor, I just replied "It's a Tough Market Out There!" Everybody laughed so I thought it would make a good picture. Hope you enjoy it!
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By Justin Ukaoma, Kansas City Real Estate Investments
(Vizion KC)
Its been a busy couple of days in the Vizion world lets start with some property updates. Here is what is currently available for rent 1411 S. 51st St. Kansas City, KS 66106 3 Bedrooms / 2.5 Baths / Finished Basement / 2 Car Garage / $1,350 Per Mo.   7213 E. 131st St. Grandview, MO 64030 7 Bedrooms / 4 Baths / Finished Basement / 2 Car Garage / $1,700 Per Mo. Time and time again I have expressed to potential tenants that if they are interested in renting one of our properties they need to hurry up and turn in an application. Why? Because Vizion rental do not sit vacant for long. If you are interested in renting a Vizion Property go to vizionkc.com and click “apply now” inside the “move” box. Just download the application, fill it out, and fax it in. There is no application fee. Here is ...
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By Justin Ukaoma, Kansas City Real Estate Investments
(Vizion KC)
Looks like Project Brookside is moving along swiftly I spent roughly and hour at the property today with a few other members of Vizion,   @mightywaldo explained to us his rehab plans in great detail so that everyone would know what was going on.  This house is being done for an investor in California and it is his first property with Vizion. I’m sure that after this property is completed our California investor will want to do several more homes. After all, Vizion’s last property 8205 Kenwood sold after only 7 days on the market. If Project Brookside sells in just 60 days the buzz around Vizion is sure to get quite a bit louder. The Kenwood investor has already moved on to his next investment, a property in the highly desired River Oaks subdivision of Grandview, MO. Project Independence...
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By Maria Morton, Kansas City Real Estate 816-560-3758
(Platinum Realty)
Not exactly real estate, but important for Kansas Citians. Flu Vaccines Available at ALL Metro Kansas City Price Choppers  Flu Shots for $28 or Pneumonia Shots for $45. the week of October 19th. Wednesday October 22   from  2-6pm Thursday October 23   from 2-6pm Friday October 24  from 10am-2pm Must be 9 years old or older.    No charge for Medicare Part B Primary Insurance;  Various insurances accepted.  Clinic dates are subject to change due to vaccine availability.    Vaccinations provided by Healthy Solutions, Inc.    Shots are administered as directed by the CDC (Centers for Disease Control)     Call Flu Hotline for Details 913.345.9949
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By The Brad Papa Team, Olathe Real Estate Agents
(Realty Executives of Kansas City)
Brad Papa | RE/MAX Stateline | 913-526-4985 10550 Westgate St, Overland Park, KS Reduced $17,500! 4BR/2.5BA Single Family House offered at $265,000 Year Built 1984 Sq Footage 2,881 Bedrooms 4 Bathrooms 2 full, 2 partial Floors Unspecified Parking 2 Car garage Lot Size 9,032 sqft HOA/Maint $65 per month DESCRIPTION Reduced $17,500! So many updates: NEWER roof, A/C, furnace, exterior paint and carpet. Maintenance Provided. Amazing location close to highways, shopping and hospital. Beautiful hardwood floors. Contemporary paint colors. Gorgeous master suite. Finshed basement. Huge deck and fenced back yard! see additional photos below ADDITIONAL PHOTOS Seller contact info: Brad Papa RE/MAX Stateline 913-526-4985 For sale by agent/broker Equal Opportunity Housing Posted: Oct 7, 2008, 3:39pm...
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By Justin Ukaoma, Kansas City Real Estate Investments
(Vizion KC)
I found this article today while I was on Twitter.  Like many folks when I first logged on to Twitter I just thought it was another way to waste time on the internet but as I started using the service I've begun to see the potential Twitter has for expanding my business and building the Vizion brand. 50 Ideas on Using Twitter for Business First Steps Build an account and immediate start using Twitter Search to listen for your name, your competitor’s names, words that relate to your space. (Listening always comes first.) Add a picture. ( Shel reminds us of this.) We want to see you. Talk to people about THEIR interests, too. I know this doesn’t sell more widgets, but it shows us you’re human. Point out interesting things in your space, not just about you. Share links to neat things in yo...
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By Maria Morton, Kansas City Real Estate 816-560-3758
(Platinum Realty)
Cosentino's plans to open the new grocery store in downtown Kansas City on November 1st. The store at 13th & Main will carry a variety of foods including pasta, pizza from a wood burning oven, a sushi bar, a huge salad bar, and your essentials such as bread, milk, and laundry detergent. Having a grocery store means the more than 12,000 people living downtown will no longer need to travel miles to stock up. This is a huge step forward. Downtown dwellers who also work downtown will no longer even need to own a car. They'll be able to walk or bike to work, musical entertainment, sporting events, art galleries, restaurants and bars. How convenient it would be to just walk out your door and be where you need to be without finding your keys and driving - talk about stress reduction! Getting r...
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By Ben Edsall
(Turn-Key Properties LLC, Missouri and Kansas Real Estate)
Talk about diversity, I took this picture a few weeks ago I thought it was funny. Man, times must be tough in the real estate market. This guy has all his bases covered, from this one house are the offices of used cars, hair and nail salon, real estate and insurance companies. Damn, If he had a shed out back he could have a title company too! So come on in, buy a car, get your hair done and buy yourself a new house. If you need some insurance for that new car or new house we can handle that too! I'm guessing he will get into property management also, everyone else is. I love the name, Multiplicity Real Estate, do you suppose they live there too?
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By Justin Ukaoma, Kansas City Real Estate Investments
(Vizion KC)
A few people have been asking me why I’m so excited about Vizion doing two homes in Brookside.  While I could easily rattle of a few facts about how great Brookside is or how Brookside is one of the most highly desired areas in the city to live in, I figured that I would just show everyone some pictures of what a Vizion Brookside house looks like.  After all a pictures worth a thousand words. The Original Project Brookside It’s been more than a year since Vizion has done a Brookside house and coming up very quickly Vizion will be doing two Brookside properties back to back….literally.  Project Brookside is located right behind the new Project Dartmouth. What is Project Brookside? vizionkc.com – Justin of Vizionkc
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By Justin Ukaoma, Kansas City Real Estate Investments
(Vizion KC)
Word on the street is that Vizion will be closing on a property in North Kansas City by the end of this month.  This is very exciting news since Vizion has never done a property north of the river.  I should have details on this property by Monday and I will post an update around that same time.   Stay tuned for details. What is a Vizion Home? vizionkc.com – Justin of Vizionkc
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By Paul Surles, We Guarantee Your Home @ the TOP of Realtor.com
(Keller Williams Realty, Partners Inc.)
With the credit market tightening more than I have ever seen, I questioned how investors are able to get investment property financing.  Good news is that I found two lenders who are working with investors to finance property here in Kansas City.  Let me know if you're interested and I'll send you their contact info. We just posted an ad on Loopnet today about an 8-property cash-flow package we are offering here in Kansas City, MO.   Let us know if you'd like to take a closer look! For more information about Kansas City real estate investing, call Paul Surles at 913-266-5847, e-mail him at Paul@MetroREOSales.com, or visit our website.  
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By Mike Russell, Overland Park Kansas Real Estate
(Mike Russell Real Estate Group)
Are you looking to buy a house but don't have enough money for a down payment? Many would be home buyers meet all of the criteria to buy a home but are missing one crucial ingrediant, the down payment. If you are looking to purchase a home in Kansas City or Missouri you are in luck. There are 2 program available right now to help purchase that first home. MHDC & the KC Dream fund can help provide up to 20% of the purchase price & closing costs when you purchase a home. If you have been waiting to get into the real estate market because a lack of down payment call us today and let one of our lenders get you preapproved. For more information call Michael Russell at 913-681-1383 or email me at michael@russellhometeam.com To search for homes now Click Here This information is a free service...
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By Ben Edsall
(Turn-Key Properties LLC, Missouri and Kansas Real Estate)
Does your sports team suck? If so Kansas City would love to have them! We built a huge arena but don't have a team to occupy it, we don't really care what kind of sport it is; NBA Basketball, NHL Hockey, heck we'd even take your WNBA team if we can have 'em. The Kansas City Sprint Center is a great place, we paid millions for it, and inspite of the fact that it has housed hundreds of spectacular events we still don't have a team. We have a Baseball team, The Kansas City Royals who fnished the season 75-87, 4th place in AL Central Division. We have the Kansas City Chiefs who are currently 1 and 4. So we have a lot of experience with sucky teams we'd love to have yours too!  
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By Justin Ukaoma, Kansas City Real Estate Investments
(Vizion KC)
Apparently a Chicago Sheriff has seen enough innocent tenants tossed out in the street. My understanding of the situation is that many of these tenants continued to pay their rent each month and were surprised to find out that the landlord had lost the house to foreclosure. Instead of working with the tenant paying rent in the property the bank prefers to foreclose, evict the tenant and take the property back on its books. I could be wrong but that sure seems like a strange way to do business especially with so many bank failures taking place and bank owned properties already on the market. It seems to me that a smarter way to do things would be to keep the tenant in the property paying rent and then put the property up for sale as a cash flowing rental. If the bank doesn’t want to deal...
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By Paul Surles, We Guarantee Your Home @ the TOP of Realtor.com
(Keller Williams Realty, Partners Inc.)
We are looking at another major drop in the stock market today because of the continuing tightening credit market, now worldwide in its effect.  More than ever, our REIT (real estate investment trust) MONEY is more important to sellers of homes nationwide.  REITs are not like banks. People worldwide are pulling their cash out of banks and thus freezing up the capital that normally is needed to make loans. REITs operate from investor funds already put into the REITs.  REITs only make money by USING the money, not holding on to it like banks. REITs don't leverage Loans from the Federal Reserve and other banks as the banks and lenders have to. This is why more and more people are joining HSA.  Sellers can't sell without fluid capital from some source. You can be that source. You still have...
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By Paul Surles, We Guarantee Your Home @ the TOP of Realtor.com
(Keller Williams Realty, Partners Inc.)
Now more than ever many people with 401(k) accounts are considering what to do.  While 401(k)'s have some advantages, they are quite disadvantaged compared to select types of IRA accounts.  It is suggested that a person who wants to rollover a 401(k) plan to an IRA choose a self-directed IRA account. There are many positive advantages to this choice, and this I'll explain why it is better. An aspect of this worth talking about here is the ability to have a self-directed 401(k). Though this sounds similar to a self-directed IRA, it is quite different.  For one,, although investment options are more varied with a self-directed 401(k), there are still many limits to what can be done. Some employer plans impose limits on the portion of the account that can go into the self-directed part of ...
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By Justin Ukaoma, Kansas City Real Estate Investments
(Vizion KC)
Yesterday after my showing at 5147 Palmer I drove out to Raytown, MO to take a look at Project 76. Located in a quite subdivision only minutes from Highway 350 on a corner lot sits this magnificent Vizion property. Keep in mind while you watch this quick video that this is before the remodel. I will keep everyone posted on the progress of the rehab. http://www.youtube.com/watch?v=nLAYSpjQT0E Project 76 Location: Raytown, MO 4 Bedrooms / 3 Baths / 2 Car Garage / Finished Basement / Fireplace Estimated Time of Arrival: Late November Early December Estimated List Price: $160,000 Gorgeous Gorgeous Gorgeous. Project 76 is an all brick spacious home located in a desirable area of Raytown on a corner lot in a very quite and upscale subdivision. Upon completion this property will feature slab g...
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By AJ Gentry
(Chartwell Realty/Urban KC Living)
MSN.com and Bankrate.com just released an article on "State-by-state closing costs". First time home buyers are sometimes overwhelmed when hit with closing costs. You will be happy to know that Missouri was ranked 54 and Kansas was ranked 55 out of 56 states/large cities in 2008 for having low closing costs. Average closing costs in 2008 for Missouri were at $2,758 and Kansas were at $2,669. That is great news if you are buying a KC home!!! You can read the full article at: http://realestate.msn.com/Buying/Article_bankrate.aspx?cp-documentid=10659825 www.bankrate.com
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As some of you may remember the Housing and Economic Recovery Act signed earlier this year included a provision to give the states a combined total of roughly $4 billion to combat foreclosures. The state of Missouri received just over $42 million of this money and Kansas City is slated to receive $7 million of Missouri’s portion. The funds are expected to be available in the next 30 to 90 days and the jurisdictions will have 18 months to use the funds. While I would love to believe that Kansas City will be positively affected by this influx of money I do foresee a few problems. First, how does this help struggling homewners? It seems to me that if the city now has $7 million to buy up, renovate and then resell property they would benefit from having more foreclosures on the market. Wit...
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