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You can't pay your bills, your worried about your family's health, and the bank is threatening foreclosure. A short sale is when a bank agrees to sell a house for less than is owed on the loan., including closing costs, realtor fees, etc.There is often misinformation when it comes to this topic. I often find that people facing foreclosure contact me after the bank has started legal preceedings against them. It is hard to face the fact that you might actually be foreclosed on, but many do not realize the long term ramifications foreclosure can have on your financial health. Please consult with a professional as soon as you know foreclosure is a possibility. A short sale will only stay with you 2 years and a foreclosure can stick with you for a a decade! Please understand that you will be in a much better position if you tackle the short sale, than if you ignore the problem and let it ruin 10 years of your life. Short sales are the best of two evils and your bank will appreciate your effort to make the short sale happen because foreclosures on average end up costing a bank $60,000. Please do not go through the embarassment of getting foreclosed on because it is preventable.
-Daniel
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Prairie Hills, a premier Prairie Village neighborhood. The streets of Prairie Hills are decorated by the 15 islands that are maintained by the active home owners association. Residents of Prairie Hills will feel at home in the close knit community and will enjoy the annual Prairie Hills picnic in Windsor Park and the Prairie Hills holiday homes tour. Keep up to date with the Prairie Hills Neighborhood News, a quarterly publication provided to Prairie Hills residents.
With ten homes currently listed in Prairie Hills ranging in price from $145,000-$1,790,000, not a single home is a foreclosure or a short sale. This alone sets Prairie Hills apart from other neighborhoods. In the past three months, six homes have sold in Prairie Hills with an average of 51 days on market.
Recent Sales in Prairie Hills:
http://portal.heartlandmls.com/de.asp?ID=762548005
Active Listings in Prairie Hills:
http://portal.heartlandmls.com/de.asp?ID=762545286
Prairie Hills homeowners, considering selling your home? Use the link below to receive a free market snapshot emailed to you within minutes.
Have more questions? Interested in seeing the active homes in Prairie Hills? For these or any other real estate matters please call:
1-800-LISTING
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Prairie Village and more specifically Prairie Hills has not been as affected as surrounding areas by the soft real estate market. Laura and I live in this subdivision and we absolutely love the area. There are plenty of parks, walking paths, shopping centers, and restaurants. There is an abundance of golf courses nearby. The neighbors are friendly and helpful. It's nice to bike or jog to the Plaza through Mission Hills. There are mature trees, manicured grounds, statues, and lots of flowers. It really pretty, especially in the spring. The crime is low and police are very responsive. It's a great place to raise a family and start a business.

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Sold Properties
5 Sold in past year
Lowest Price- $121,950
Highest Price- $340,000
Average Price- $222,090
Avg. Price/SqFt- $141
Avg Days On Market- 28
Under Contract- 1 listing
Asking Price- $265,000
Avg. Price/SqFt- $147
Avg Days On Market- 33
Properties for Sale- 9
Lowest Price- $154,900
Highest Price- $339,950
Average Price- $223,961
Avg. Price/SqFt- $128 psf
Avg DOM- 24
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HOMEOWNER'S INSURANCE - RECENT POLICY CHANGES AFFECTING HOME BUYERS

As a licensed Realtors in Kansas and Missouri, Daniel Bennison and I learn something different about the changing KC real estate market every day. Last month a client of ours bought a house in Kansas City, Missouri and when she tried to get insurance for the house she had under contract, she got rejected. It turns out the inspection had revealed that her house has a composite roof that was laid over a wood shingle roof. Evidently many insurance companies have recently stopped providing insurance for homes with wood shingle and composite layers. An amateur could not have noticed that the roof was two layers - in fact the roof looked like it was in perfect condition. Anyway, my client was finally able to find an insurance company, but they charged her a higher rate because of the roof. So - buyer's beware! Make sure you are prepared to shop around for an insurance company if you encounter this problem. 
Visit the Bennison-Byram Team website for more information about Kansas City and Prairie Village homes and about the $8000 Tax Credit Extension and Expansion!! We sell homes anywhere in the KC Metro area and we specialize in Prairie Village Homes. The Bennison Byram Team are advocates for home ownership!! Get the help of a neighborhood specialist like Laura Byram with the Bennison Byram Team. Laura lives in Prairie Village and works in P.V. and surrounding areas, specifically Fairway, Overland Park, Lenexa, Leawood, Roeland Park, Waldo, Brookside, and Kansas City.
Click on the link below to find a knowledgeable Realtor
Daniel Bennison, Laura Byram
Bennison Byram Team Realtors
Neighborhood Experts in Prairie Village and Overland Park
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