http://realestate.SteveKornspan.com Real Talk on Real Estate Wed, 23 Jul 2008 00:36:33 +0000 http://backend.userland.com/rss092 en Now it is time to begin the inspection process. It is CRITICAL that we watch the dates. We must complete ALL inspections and respond before the deadline. Otherwise the seller does not have to fix a thing and you own the home "as-is". Relax it is not quite as bad ... http://realestate.SteveKornspan.com/kansas_city_real_estate/home-inspection-process-in-kc-area/06/26/ Whether you’re buying a home or selling one, the topic of pet odor removal is by far the most popular we encounter. Buyers must be aware that humidity and odors go hand in hand. If you buy a house in the winter you may not smell the issue for several ... http://realestate.SteveKornspan.com/kansas_city_real_estate/pet-odor-detection-and-removal/12/27/ Update # 1 - Mortgage Relief Passed by Congress & Signed Into Law by the President! On Thursday, December 20th, President Bush signed into law a bill passed by Congress: HR 3648 –Mortgage Forgiveness Debt Relief Act of 2007. The three major points are: · ... http://realestate.SteveKornspan.com/kansas_city_real_estate/mortgage-legislative-updates/12/27/ The Expanding American Homeownership Act, H.R. 1852, know as FHA reform, was approved by the U. S. House Financial Services Committee on May 3, 2007. The bill now awaits a vote by the full House of Representatives and by the Senate. It will enable the FHA to reach more prospective ... http://realestate.SteveKornspan.com/kansas_city_real_estate/fha-update/11/30/ This irritating phenomenon is nothing new, but it seems to be on the increase … I’m sure some of your clients have experienced it, whether they know it or not.It goes something like this: I phone my 12- month warranty company, or just an HVAC contractor, because my furnace is ... http://realestate.SteveKornspan.com/kansas_city_real_estate/beware-of-unscrupulous-contractors/11/22/ Before writing an offer, we will need a pre-approval letter from a lender. Basically, it says that you are pre-qualified for a mortgage. I suggest you get one for as close to the actual loan amount as possible. When we negotiate we do not necessarily want a seller to ... http://realestate.SteveKornspan.com/kansas_city_real_estate/before-looking-at-home-get-a-pre-approval-letter/11/21/ What a coincidence twice in one day, I had two first time home buyers ask me about buying foreclosures. Dear Steve, Do you have an opinion on foreclosures? Obviously, the no warranty (disclosure) part is disturbing, but in your experience, is a pre-purchase inspection typically enough to make it worthwhile? Also, ... http://realestate.SteveKornspan.com/kansas_city_real_estate/should-a-first-time-home-buyer-buy-a-foreclosure/11/21/ Many markets are seeing a rise in delinquencies and foreclosures. If you've missed payments on your mortgage or are worried about future payments, it's easy to feel like you're all on your own. With your house on the line, you may be tempted to hide and merely hope for the ... http://realestate.SteveKornspan.com/kansas_city_real_estate/avoiding-real-estate-foreclosure/11/04/