foreclosures: List of Bank Owned Properties (Foreclosures) in Lawrence Kansas Area - 11/28/12 10:07 PM
List of Bank Owned Properties (Foreclosures) in Lawrence Kansas Area seems to be a frequently requested Google Search but the results found could be very old information.  I did a search for Douglas County Kansas bank foreclosures owned by Federal National Mortgage Association in Lawrence, Eudora, Baldwin, and Lecompton on a site I have subscribe to and came up with the list of the 15 properties.  
This does NOT mean that this List of Bank Owned Properties (Foreclosures) in Lawrence Kansas Area has any properties currently for sale.  All or some of these properties may already be under contract.  This does NOT … (1 comments)

foreclosures: Artificially Inflated Houses For Sale Prices in Lawrence Kansas - 11/25/12 04:06 PM
Artificially Inflated Houses For Sale Prices in Lawrence Kansas
Since 2000, many investors bought and flipped properties as well as regular home buyers who bought and traded up.

Lawrence Kansas area property values continued to rise with the steady demand.  A house purchased in 2000 for $100,000 continued to appreciate to over $160,000 in the years around 2006 and 2007.  Then the bottom dropped out due to easy money loans falling into foreclosures, banks failing, and too many houses on the market with many of them being foreclosures.  
The Artificially Inflated Houses For Sale Prices in Lawrence Kansas started dropping down to … (6 comments)

foreclosures: Half Price Homes to Firefighters, EMT, Teachers, and LEO from HUD - 07/11/12 11:06 PM
Half Price Homes to Firefighters, EMT, Teachers, and LEO from HUD!!  HUD foreclosures has a lottery program for their houses for sale in the HUD lottery program.  The program is designed to provide law enforcement officers (LEO), firefighters, emergency medical technicians and teachers the opportunity to be home owners within the community.  It is a way of giving back to those who serve our community so well.
NOTE:  See below if you are NOT a Firefighter, EMT, Teacher, or Law Enforcement Officer for ways on how you can be notified of other ways to save on buying homes for sale at a discount … (4 comments)

foreclosures: Buy a Lawrence Kansas Area House for Sale for $100 Down Payment! - 10/25/11 02:47 AM
Buy a Lawrence Kansas Area House for Sale for $100 Down Payment!  Kansas is one of the 22 states where home buyers who will occupy the house can Buy a Lawrence Kansas Area House for Sale for $100 Down Payment!  HUD announced that until October 2012, owner occupied houses using an FHA loan can buy the HUD house for $100 down payment.  HUD will even pay for up to 3% of the buyer's closing costs!  This is as close as you can get today to having a no money down home purchase.As can be expected, there are some minimum rules to follow but … (0 comments)

foreclosures: Fannie Mae No Longer Accepts Generic Pre-Approval Letters - 06/24/10 03:02 AM
Fannie Mae No Longer Accepts Generic Pre-Approval Letters
When I learned that Fannie Mae No Longer Accepts Generic Pre-Approval Letters, I had already received the generic pre-approval letter and had written up an offer with dates in it that were based on not having to add 48 hours or more into the mix.
It turn out that Fannie Mae wants the lender to state, among other things, that they have reviewed the buyer's IRS 4506-T which takes about 48 hours to request and receive.
Buyer beware:  Now that Fannie Mae No Longer Accepts Generic Pre-Approval Letters, your offer is going to … (2 comments)

foreclosures: Lawrence Kansas, Foreclosures, Best Bargains - 06/06/10 01:15 AM
Lawrence Kansas, Foreclosures, Best Bargains
Foreclosure Bargains I research Foreclosure Bargains and pass them on to my clients who have gotten such deals as: A brand new $176,000 home with $14,000 in upgrades for $126,000 A $315,000 appraised house, listed for $285,000, my buyer clients purchased for $220,000 A $190,000 appraised home for $95,000 A house originally listed for $99,900, my buyers bought for $25,000 A Gardner new construction foreclosure appraised at $217,000 for $175,000 for my buyer A $200,000 home six houses away from mine for $126,500I have multiple successful transactions where my buyers have received as high as $90,000 … (0 comments)

foreclosures: Wanted Lawrence Kansas Real Estate Investors to "Flip" Houses Who Don't Want to Work on the Flip - 02/07/09 02:25 PM
Wanted Lawrence Kansas Real Estate investors to "flip" houses who don't want to work on the flip.
I have the knowledge of where the best deals in Lawrence homes for sale can be found.
I have found $275,000 homes for sale for $215,000 for a buyer.
I have found $215,000 homes for sale for $131,900 for a buyer.
I have found $99,000 homes for sale for $25,000 for a buyer.
I have found $176,000 homes for sale for $126,000 for a buyer.
These are county verifiable transactions.
I have found similar great bargains with motivated sellers, short sales, and foreclosures and I need some investors to buy them … (0 comments)

foreclosures: Lawrence, Kansas, Real Estate, Homes for Sale, Putting Buyers Together With Sellers - 10/20/08 05:31 AM
Buyers of Lawrence, Kansas, Real Estate, Homes for Sale: 
Do you want to be able to make verbal offers to people who want to sell a home on multiple Lawrence, Kansas, Real Estate, Homes for Sale properties that are non-binding?
Do you want to be able to make an offer on Lawrence, Kansas, Real Estate, Homes for Sale anonymously?
Do you want to be able to see Lawrence, Kansas, Real Estate, Homes for Sale listings in a new way and look for the best bargains on the market?
Do you want to be able to make an open ended offer on Lawrence, Kansas, … (1 comments)

foreclosures: Lawrence Kansas Foreclosures and Best Bargains in the Area - 10/02/08 08:18 AM
Buyers are always asking me how to find properties to buy that are the best bargains on the market that are way below appraisal. Well, you could search the web and view hundreds of websites claiming to have below appraised properties but the best answer is to become a client of a Realtor who looks for the best bargains available.  I have properties that I monitor that are the best deals in the area of the Lawrence Kansas Foreclosure market.  They are at least $10,000 below county appraisal and some are more than $50,000 below county appraisal. Many are fixer upper … (0 comments)

foreclosures: Lawrence Kansas Student Housing Real Estate Tips - 09/14/08 11:16 AM
After becoming the national basketball champions this year, there probably aren't too many people who haven't heard of the University of Kansas, aka KU.  There are several other colleges in the area within a 5 to 40 minute drive so there is quite a bit of student housing that is needed; especially in Lawrence Kansas.
What many students interested in off campus student housing have found out is that they can help pay off the landlord's mortgage or they can buy a place (either on their own or with the help of parents) and build up some equity for themselves.  Lawrence Kansas real … (0 comments)

foreclosures: Best Deals!! Available for About $20,000 Plus Below County Appraised Value!! - 08/22/08 06:30 AM
Buyers are always on the look out for great buys that are in ready to move in condition.  Here is a reduced price short sale listing that is in great shape.  This Eudora Kansas real estate is appraised at $164,240 for 2008.  I would suggest an offer of $145,300 for this one which would be a bargain for only $95.09 per square foot.

It has three bedrooms and two baths and has 1528 square feet.  It is a home for sale in Eudora.

Eudora properties do not usually have large lots but this one has more than a third of an acre at 15,120 sq ft.  It … (0 comments)

foreclosures: Best Deals!! Available for About $20,000 Plus Below County Appraised Value!! - 08/22/08 06:24 AM
Buyers are always on the look out for great buys that are in ready to move in condition.  Sometimes properties are available at a reduced price as a short sale listing that is in great shape.  Eudora Kansas real estate could be appraised at $166,240 and I would suggest a short sale offer of $145,300 which would be a bargain.

If it had three bedrooms and two baths and over 1500 square feet, and was a home for sale in Eudora, it would be below most other homes for sale there.

Eudora properties do not usually have large lots but I can find ones that have more than a third of an acre.  … (0 comments)

foreclosures: Best Deals!! $30,000 Plus Below County Appraised Value!! - 08/21/08 09:58 AM
Buyers are always on the look out for great buys.  Foreclosure listings in Lawrence are available for the asking from time to time.

Lawrence Kansas homes for sale can be in northwest, northeast, southwest, or southeast Lawrence.

While Lawrence properties priced low will require some work to fix them up, the return on your investment almost always pays off.

No matter what price range you are in, if you are looking for a foreclosure, great bargains, or motivated sellers, such homes for sale can be found.
Thanks and "Don't keep me a secret--I'm never too busy for your referrals!"Rob … (0 comments)

foreclosures: How Can I Buy a Property for about $100,000 Below Appraisal? - 08/21/08 06:17 AM
Many buyers ask me how to find properties to buy that are way below appraisal.  Well you could search the web and view hundreds of websites claiming to have below appraised properties but the best answer is to become a client of a Realtor who looks for the best bargains available.  Properties have been available for about $100,000 below county appraisal!
Quite often properties that have the best value come on the market and are immediately SOLD because clients of Realtors are called first and sometimes are told about a property before it comes on the market.
Here are some examples of what happens.  … (0 comments)

foreclosures: FREE Investor Classes for Lawrence Kansas Real Estate - 07/27/08 03:55 AM
I researched Lawrence Kansas area Property Investment Clubs to see who had Lawrence Kansas Real Estate Investment meetings and found that there just weren't any that met any more (one listing was found but they disbanded). 
So, I decided to start a new group LOLIC (Landlords of Lawrence Investment Club).  We will meet at 3300 Clinton Parkway Ct., Lawrence, KS 66047 in Conference Room B.  Call Rob at 785-393-2274 or email Rob@YouWantHouses.com for dates and times.
Membership in the club is FREE as I am underwriting the conference room rental fees and other costs so investors can concentrate on property investments and … (0 comments)

foreclosures: Mortgage Foreclosure Laws in Kansas - 12/18/06 02:25 PM
Kansas Mortgage Foreclosure Laws protect home owner's rights to maintain possession of their homes during foreclosure.  When home owners get a good attorney or know the law well and go pro se, their homes could be tied up in court for a year or more.
It is not unusual to see several years of past due county property taxes before the county will take on the home owner.  When mortgage loans are in default, usually every other attempt has been made before attempting foreclosure in Kansas due to its foreclosure laws.
But once the foreclosure process begins, an investor has anywhere from 1 hour to … (0 comments)

 
Rob Lang, Local Expert in NE Central Kansas Real Estate Home (At Home Kansas)

Rob Lang

Local Expert in NE Central Kansas Real Estate Home

Shawnee, KS

More about me…

At Home Kansas

Address: Lawrence, KS, 66049

Mobile: (785) 393-2274



Listings

Links

Archives

RSS 2.0 Feed for this blog