Overland Park KS Homes for sale & Johnson County Real Estate Blog: Kansas: Overland Park

Overland Park Hud home, only requires a $100 down payment. This 4 bedroom 2.5 bath split level is listed for $122,000. Call the Russell Home Team today for a private showing at 913-681-1383

The Russell Home Team are HUD registered brokers in both Kansas and Missouri.

Just Listed

2 new Overland Park Kansas HUD homes

No down payment? No problem. These 2 new Overland Park HUD homes only require a $100 down payment. Not only can you purchase with a $100 down payment but you can also ask HUD to pay your closing costs. Even better, if you are a first time home buyer you may qualify for the $8,000 first time home buyer tax credit.

3 bedroom 1 bath $100,800

4 bedroom 2.5 bath $122,000

Open bidding ends 2/28/2010

Call the Russell Home Team today for a private showing at 913-681-1383

We are HUD registered brokers for Kansas and Missouri

With less than 75 days left, the competition for first time buyer homes is really heating up. Just like in September of last year the best homes are selling and selling quickly. Adding fuel to the fire is the $6500 move up home buyer tax credit. Many homeowners are moving up to was is just the upper end of first time buyer homes. We are seeing new inventory of homes everyday but the good ones are gone before the weekend is over. 

If you have been on the fence or trying to wait as long as possible to jump into this market. You may want to get going. Nobody likes to be the last one without a prom date. Come April 15th if you don't have a house under contract you will be fighting for every left over house or desperately trying to find a diamond in the rough.

Don't get left out in the cold or worse yet, don't get stuck taking your sister to the prom.

Call The Russell Home Team today at 913-681-1383, we have lenders standing by to get you pre-approved and buyers agents ready to show the best homes Johnson County has to offer.

The Russell Home Team

90 Day Easy Exit Listing Agreement

Are thinking about selling your Johnson County Kansas Home? Are you worried about signing a long term listing agreement? You know, what happens if you don't like the service you receive or the results from your current agent. What do you mean we are stuck for 6 months to year? 

You will never have to worry about that with The Russell Home Team. We offer a 90 day Easy Exit Listing Agreement. If don't believe we are living up to the expectations we set at the time you hired us, then after 90 days you can fire us. No questions asked. 

The 90 Day Easy Exit Listing agreement, just one of the many reasons to hire the Russell Home Team to sell your home.

Selling? Contact The Russell Home Team today at 913-681-1383

Available Johnson County KS HUD Homes 2/8/2010

Are you looking to purchase a home in the Johnson County KS  area? Are you having a hard time coming up with 3.5% for a down payment? Do you want someone else to pay your closing costs? 

How about buying a HUD home? HUD homes in Johnson County Kansas only require a $100 down payment. Not only that but HUD allows for up to 3% of the purchase price to be used for your closing costs. Sound like a good deal to you? 

New HUD homes are listed weekly and are sold on an 10 day bid period. You must use a HUD registered broker to make an offer on a HUD home.

Currently there are 8 HUD homes available in Johnson County

Gardner

3 bedroom 2 bath $152,000

4 bedroom 3.5 bath $210,000

Olathe

4 bedroom 2.5 bath $165,000

4 bedroom 2.5 bath $170,000

2 bedroom 1 bath $50,000

3 bedroom 2 bath $140,000

Overland Park

3 bedroom 1 bath $112,000

Spring Hill

3 bedroom 1 bath $74,000

The Russell Home Team is a HUD registered broker in Kansas and Missouri. For more information on HUD homes for sale in Johnson County Kansas call 913-681-1383 or you can use our links below to search all Johnson County KS HUD homes for sale.

If you are a potential home buyer is Johnson County KS you have less than 90 days to get a home under contract. Yes, less than 90 days. 

If you want to collect the $8,000 first time home buyer tax credit or the $6,500 move up home buyer tax credit you only have until April 30th 2010 to get a house under bona fide written contract or you do not qualify.

Still waiting, hoping for another extension? Are you willing to risk up to $8,000

Call the Russell Home Team Today at 913-681-1383. We have buyer specialists and mortgage lenders standing by to make your home purchase a reality.

That's right, Searchjocohomes.com is now mobile. Now you can access the MLS to view all homes for sale from any mobile device. Our mobile website is GPS enabled. Sitting in front of a home and want to know how much it is? Driving around a neighborhood and wondering if there are any homes for sale? That's easy, just touch the map closest homes, list closest homes or search by address tabs. You can even search by city, neighborhood or school district. No more let's write that one down and look it up when we get home. With SearchjocoHomes mobile you get the information you want, when you want it.  

To get Search Johnson County KS Homes on your mobile device

Text "joco"

to: 87778

SearchjocoHomes mobile is a compliment to our website www.SearchjocoHomes.com and is a free service of The Russell Home Team, your Johnson County Kansas Real Estate experts.

Your Home Search goes everywhere you do!

Have you ever been out in front of a house and wanted to know how much it is? Maybe you are driving through a beautiful neighborhood and wondering if there are any homes for sale? Now you can take the MLS with you. Our new GPS enabled mobile SearchjocoHomes.com let's you search for homes by map, closest to you, address, neighborhood, schools and more. Getting SearchjocoHomes is easy:

Just

Text "joco"

To: 87778 

SearchjocoHomes mobile is a compliment to our website www.SearchjocoHomes.com, please use the links below to search for all Johnson County Kansas homes for sale, How much your Johnson County KS home is worth, Home buyer Tax credits and our award winning school districts.

Tax credits for first time home buyers started in the fall of 2008 with a $7500 tax credit. This tax credit met little fan fare as it needed to be repaid. In early 2009 that tax credit was increased to $8,000 with no repayment. This tax credit helped restart a slumbering real estate market. As foreclosures and job losses mounted congress and President Obama were under a lot of pressure to keep the economy moving. So the November 30th 2009 deadline has been extended to April 30th 2010.

As the November 30th deadline approached it was no secret that an extension was more than likely to happen. But if you are sitting on the sidelines expecting another extension you will need to stop kidding yourself. If you are not under contract to purchase a home by April 30th, you just passed on the greatest home buying incentive ever offered.

Ready to get started? Use the links below to Search all Homes for sale

If you are a first time home buyer and have been holding off on purchasing that first home then you might want to consider the changes coming to FHA loans as another reason to purchase now.

FHA which is the Federal Housing Administration, the government agency who guarantees low down payment mortgages is making changes and they are not in your favor. Most of these changes will be enacted this spring and early this summer. Now remember that April 30th is the deadline to be under contract on a house to receive the $8,000 first time home buyer tax credit but you need to close by June 30th. This where the problem comes in. By waiting till the very end you may fall into the new guidelines. And what are they?

1. Minimum Credit score increased to 580 from 500

2. Upfront mortgage insurance increased to 2.25% from 1.75%

3. Monthly mortgage insurance premium increased (exact amount unknown yet)

4. Amount of  your closing costs a seller is allowed to pay, lowered to 3% down from 6%

   
   
   Do you get the picture? All of this will cost you more money, not just upfront but on a monthly basis. Now this doesn't take into account that on April 1st, the Treasury is going to stop purchasing Mortgage backed securities. Early estimates have interest rates climbing from 5% to 5 3/4% maybe even 6%. This will also cost you more money on a monthly basis or severely lower the amount of home you qualify for. Are you ready to risk your ability to purchase a home? 
   
   
   The cost of money is going up very soon, are you going to wait?
   
   
   Call The Russell Home Team today at 913-681-1383 or use our link below to view all homes for sale in Johnson County Kansas, get tax credit information and more.