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You know I love to review Olathe businesses.  Today I’m announcing Portraits Today Studios located here in Olathe, Kansas.  Located at 2081 E Santa Fe in the Crossroads Shopping Center.  You know, the shopping center with Price Chopper, Blockbuster and Taco Via.  Portraits Today Studios is located in The Cove behind Taco Via and next to The Little Gym.

Stop by and see the owners.  You may recognize them.

Hey.  The market is tough.  Tough all over.  But Olathe, Kansas is really holding up better than most.  Heck, I just looked at one neighborhood (Copper Creek) that in the last year has had 18 homes sold and only 1 home on the market currently.  That home, in my opinion, is over-priced or it would be sold, too. 

On the flip side the Tara neighborhood has 2 foreclosures on the market and another steamrolling it’s way there. 

You must, absolutely must, price your home correctly in this current market (not the market from two years ago) to sell your home.  Do that, and you should be okay.  Heck, even if you have to sell at 10% less than you bought at if you are moving up you don’t think you can’t make up that 10% (or more) on the buy side?

Let us know if we can help.

Attention first time home buyers in Kansas City.  And yes, that includes Overland Park, Olathe and a dozen other cities.  The current mortgage crisis will now benefit you!

The House has passed a bill that will likely become law within the week.  It’s a bill that no one wants to stand in the way of so it’s pretty much a done deal.  How will this help the first time home buyer in the Kansas City area?  Well, if you;

  • Are a  first time home buyer
  • Have purchased or will purchase a home between April 9, 2008 and July 1, 2009
  • Have individual income of less than $75,000 or as a couple earn less than $150,000

If you meet those 3 standards you are eligible for a $7,500 tax credit

Now, you will be expected to pay that back over the course of the next 15 years interest free.  So it’s not free money.  But it’s discounted money.  If inflation ends up being 5% this year, well…hopefully you get the picture.  I’ll work out the math for you a little later today but you will be saving hundreds and possible a couple thousand in interest over the course of that 15 years. 

(Further details will be announced as I dig deeper into this Housing Rescue Bill.)

So if you are a first time home buyer and looking to purchase a home in the Kansas City area you need to contact me today.  Regardless of where you are looking be it Olathe, Overland Park, Blue Springs, Lee’s Summit, Shawnee or a host of other suburban cities or Kansas City.  If I am not knowledgeable about the area of town you are looking I’ll hook you up with someone who is.

With a FHA loan, 3% of the purchase price and good credit this makes it easier and more economically feasible to be a first time home buyer than ever before!

The new CNN/Money 100 Best Places To Live is out and Olathe has come in at #11

You already knew Olathe was a great place to live.  Now others know, too.  Tell your friends that want to move to Olathe, KS that you know a great real estate agent and then contact me.  😉

Daily Real Estate News  |  July 8, 2008Top 10 Best Counties to Raise a Family

Low cost of living, reasonably priced homes and short commute times added to excellent schools is what landed 10 communities at the top of Forbes magazine’s best places to raise a family.

To be considered, the communities had to have populations greater than 65,000 and most of the school funding had to come from property taxes. Average SAT and ACT scores must top 1,050 or 22, respectively. These factors reduced the number of counties under consideration to 51.

After that, the magazine considered cost of living, graduation rate, home prices, property tax rates as a percentage of median home prices, percentage of homes occupied by owners, per-capita income, air quality, crime rate and commute times.

Here are the results:

Hamilton County, Ind. (near Indianapolis)
Ozaukee County, Wis. (near Milwaukee)
Johnson County, Kan. (near Kansas City)
Geauga County, Ohio (near Cleveland)
Delaware County, Ohio (near Columbus)
Morris County, N.J. (northern N.J.)
Hunterdon County, N.J. (central N.J.)
Waukesha County, Wis. (near Milwaukee)
Montgomery County, Pa. (near Philadelphia)
Chester County, Pa. (near Wilmington, DE)

Source: Forbes, Zack O’Malley Greenburg (06/30/2008)

I had the opportunity today to go out with some out-of-town home-buyers to look at homes for sale in Olathe.  They wanted a home priced between $180,000 and $190,000 with at least 3 bedrooms, 2.1 bathrooms and they wanted the house to be a two-story.

We sat down together at the computer to search our Kansas City MLS. We found about 11 properties in zip codes 66061 & 66062 that looked like they might meet their needs.  Of the 5 we went and saw I have to say I was really impressed with two of them. 

You read me here every so often talk about how important the condition of your home for sale is.  A clean home with a landscaped yard and a fresh coat of paint really stands out from the crowd. 

And guess what?  The buyers chose one of those two homes.  In fact, they are in writing an offer with Brent Sharp right this very minute. 

That leaves one other that I really liked.  Pictured to the right it’s a real nice home that meets the criteria above.  Contact Me if you have any questions about it.