About Wichita's West Wichita

Wichita Homes for Sale-Market Your Home in a Slow Market

In today's tougher Wichita Real Estate Market you need a way to get the word out about your Wichita Home for Sale. In fact, in November Wichita homes that sold were down 37% from the previous November. (Read Article-Wichita Business Journal)

The reality of the Wichita Real Estate market is that your home has to stand out in order to get Sold Wichita Home Sellers may be feeling really frustrated right now because their homes have not yet sold. In order to get that done, a Wichita Real Estate owner needs a Marketing Plan that works.

In 2007 80% of Homebuyers used the internet to search for their home. Marketing your Wichita Home for Sale where the Buyers actually are is the key.

In order to sell your home for the most money possible in this market you need to market where the Buyers are-on the internet! One way I do that for Wichita homes is to create a richly detailed, spectacular listing for the home and put it in front of as many Buyers as I can. The number of Buyers who use the internet to find their next home is increasing daily and the traffic to online marketplaces is skyrocketing.

I have successfully established myself online in order to tap into this steady stream of buyers searching for Wichita homes for sale. I put my listings everywhere! My Wichita homes for sale recieve serious advertising on my website and serious advertising on the websites of all my network partners...I push it out all over the web, to the busiest real estate marketplaces online. Here are just some of them that you will find my Wichita homes for sale on: google, yahoo real estate, zillow, trulia and house.com.

If you would like more information about marketing your Wichita home for sale on the internet-visit my site at www.mywichitahome.com.

Wichita Homes for Sale-Getting Pre-Approved for a Home Loan

Do you keep hearing in the news about the credit crunch? Has it got you worried about buying a home... I wanted to talk about when to get prequalified for your mortgage. Many people ask me when they should talk to a mortgage lender about buying a home.

It's really important when you are shopping for a Wichita home for sale to visit your financial or lending institution before you begin shopping. One benefit of this is that you'll quickly know the amount of mortgage you qualify for. This will allow you to search Wichita homes for sale in the right price range. Most importantly however, you'll tell Wichita home sellers that you are a serious buyer. You'll have more negotiating power and put your offer in the best possible position to be chosen if you have gotten pre-approved for your mortgage first. So before you begin your search for Wichita homes for sale, consider getting pre-qualified with a reputable lender. This is a very simple and quick process that you should be able to do over-the-phone. I work with a local, reputable lender in Wichita -click here for more information on Met Life Home Loans.

Banks and financial institutions have developed many programs especially for Wichita home buyers, whether you are a first-time home buyer or already have equity in your home. I choose to partner with experienced, professional, local lenders who are accountable to their clients and offer great service. To use a mortgage calculator on-line then visit WichitaHomesForSale.us

Of course if you have further questions, don't hesitate to email me!

For Sale by Owner MLS-Wichita Real Estate

Kansas Real Estate is still experiencing a slow market this time of year. Wichita Real Estate can be a challenging world. There are some Homesellers who want to attempt selling their home "For Sale By Owner" but in this current Kansas Real Estate market, is that a good choice?

Sure interest rates are now the lowest they have been since they started reporting mortgage rates 37 years ago! (watch video at Yahoo) so the Buyers must be out in droves right? Well, not yet...

Choosing the For Sale by Owner route may seem like a good option for Wichita Real Estate Owners. For a minimum investment and a lot of your personal time, you can put a sign in the yard, pay a fee to list it in the MLS and wait for a Buyer. However, the MLS (definition from Wikipedia) is just one tool an experienced Realtor would use to get your Wichita Real Estate Sold and knowing how to maximize it's power is crucial. There are many other marketing tools a Realtor will use to sell your home, along with negotiating skills and making sure that potential Buyers are qualified for their mortgage.

In this challenging Kansas Real Estate market, having an experienced Realtor who knows the changing market , how to price a home, stage a home and negotiate the contract all contribute to getting you the most money for your Wichita real estate in the shortest amount of time.

If you would like more information on For Sale By Owners mls-just click here-Wichita Homes for Sale

Wichita Homes For Sale-New Homes in Maize School District at No Money Down!

Wichita Homes for Sale-Valley Center Development offers New Homes, no downpayment!

If you are in the market to buy a Wichita area home for sale then you should check out the Brand NEW homes for sale at Tylers Landing development directly accross the street from Maize South Middle School. This family friendly neighborhood is located in Northwest Wichita close to New Market Square and K96 and in the desirable Maize School District! But best of all-these homes qualify for the Rural Home Development loan program that requires NO MONEY DOWN and NO PMI.

There are no other no money down loan programs available in the Wichita area for Wichita homes for sale. Take advantage now of buying a new home in the Maize School District while interest rates are at record lows! These homes range in price from $177,000 to $235,000. If you would like a list of these homes emailed to you-just contact me at Wichita Homes for Sale.

One of the fantastic benefits of buying a home in Tylers Landing right now is that the majority of homes qualify for the USDA Rural Development Home Loan Program, as well as homes in the town of Maize. This program requires NO-ZERO money down and has no PMI which makes it the only true No Money Down loan program left in the Wichita Area. You don't need perfect credit to qualify-for more details contact me, Laurie Huhman, Wichita Real Estate Agent with Plaza Real Estate. Just click here-Wichita Homes for Sale.

Wichita Homes for Sale-What Does Fed Rate Cut Mean?

Sometimes I really wonder if anyone in Washington knows what is going on in REAL America....So today the Fed slashes interest rates 3/4 percent, which should be really good news right? Is this going to get the housing market moving again? I don't know if anyone cares what a Real Estate Agent in Wichita KS has to say about the issue but here are my thoughts....

Basically what I see is that our local Wichita market is stalled because people are concerned about the economy and are holding onto their money. Times are uncertain and no one feels it's time to make a big purchase. A major financial decision like buying a Wichita home in times like these is not easy to do. In order to give consumers confidence and motivation to buy again, we need 3 basic things-

*Low Interest Rates: Well interest rates for home loans are already low-how about 5% for an FHA loan with only 3% down? If you have great credit you can get a Wichita mortgage today at 4.625%. These are HISTORIC lows- low, low, low. And yet, Wichita Home Buyers are still not confident enough to pull the trigger and begin buying again. It may take interest rates in the low 4's to jump start Buyers motivation.

*Downpayment Assistance! In a "typical" real estate market (before the credit crisis) homebuyers were able to have access to a few different types of downpayment assistance programs. For example, Wichita Home Buyers used to be able to take advantage of Bond money assistance for FHA home loans that would eliminate the need to come up with cash for the downpayment. I have found that some people who want to Buy a home in Wichita can qualify for the loan but are unable to come up with the downpayment.

-I know you may be thinking isnt that what got us into this mess in the first place? Partly it is, but the loans that got us into this mess were loans for 100% of the purchase price and the Buyers had NO money in the transaction. We also had refinance loans that granted borrowers up to 120% of the value of their home-making that homeowner upside down on the home, try selling your house for more than it's worth! And then there were the adjustable rate mortgage loans that doubled and tripled mortgage payments plus the interest only loans that also added to the problem.

I am humbly suggesting that those who want to purchase a home should be required to have their own money in the transaction but still need some assistance to become homeowners. This was the purpose of Bond Money programs and it worked quite well until all the bond investors went away. This is the reality of the world we live in. First time homebuyers need assistance in purchasing that first home.

*Realistic yet Fiscally Responsible Lending! Yes, we have a credit crisis! Our lending institutions have gone from one extreme to another. First throwing money at anyone who could breathe and now making good credit risks jump through ridiculous hoops to get a mortgage. We are in a period of adjustment and we need to get back to middle ground-realistic yet fiscally responsible mortgage lending.

I ask that Washington lawmakers and the Fed lend an ear to Realtors across this country who are in the trenches and on the front line. Would it be so difficult to talk to real Americans instead of lobbyists? We may be able to brainstorm some solutions. And to my fellow Realtors I would like to express how proud I am that we collectively have behaved professionally in the face of difficult times. We are not crying for a handout from Congress, we are adjusting our business plans and our business activities and attempting to assist our clients in the face of a barrage of negativity from the media.

I do have hope that the new year will bring new solutions, possibly lower mortgage rates, realistic credit standards and downpayment assistance!

For More Information on the Fed Rate Cut check out GOOGLE