Wichita, KS

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

What can I get in Wichita for that much $$$?

Many times I find folks coming here from areas are surprised by how much home they can get for their money here. I thought it'd be fun to do a quick review and show you some of what you can get in various price ranges here in Wichita!

What can I get for $50,000?
You could get this 1940's starter home in South-East Wichita, all brick, no basement or garage.

* 2 beds
* 1 bath
* 1001 sq ft

What about $100,000?
Or this 1978 ranch home on the west-side with fenced yard, and by the park:

*3 beds
* 2 baths
* 1600 sq ft
* 1 car attached garage
* Finished basement

Wow, how about $200,000?
Try a 2008 West-side home with tons of room in a new subdivision:
*5 beds
*3 baths
*2590 sq ft
*3 car attached garage
*Finished basement
*Fireplace

Well, what if I've got $300,000 to spend?
Or maybe a 1984 built estate size home with a walk-out basement and room to lose each other in and on the lake!

*5 beds
*3 1/2 baths
*4322 sq ft
*2 car attached garage
*Full Finished Basement
*Fireplace

Let's go hog wild, here's a $500,000 home for sale in Wichita!
Check out this 1996 built custom home 20 minutes outside town, with over 68 acres of land and 2 ponds:

*6 beds
*5 1/2 baths
*4083 Sq Ft
* 3 car attached garage and detached workshop
*Inground pool
*2 Fireplaces
*Granite countertops

And for grins, here's what you can get for a cool $1,000,000 in Wichita, KS!

A gorgeous one-of-a kind home on a rare acre lot in College Hill - the place to be!

*4 beds
*7 baths
*9564 sq ft
*Inground pool with pool house and guest apartment
*3+ fireplaces
*Wine Cellar, Nursery, Theatre room, butler's pantry, master has 2 sitting rooms, Library, Titanium roof underlayment, and a kazillion other features!

For easy searching, click on any of the photos above and you'll go to a page where you can click an area of town and instantly view homes in set price ranges without messing with setting search parameters at all. Quick easy way to compare various areas of town and what you can get for your bucks!

Ready to shop for some of these homes? Drop me a line and we can get started!

Sheree Wilkerson
316.461.0575
sheree@ksgreathomes.com
Realty World Alliance

www.kansashomebuzz.com

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-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 at High Ridge Development at 69th and Hydraulic. This new development is located on the far NE outskirts of Wichita and features wooded lots, lake lots and is within walking distance from the Valley Center city park and pool. It is also located in the Valley Center School District.

Valley Center is a community located North of Wichita and is only 10 minutes from downtown Wichita. If you have been searching the Wichita MLS or internet for Wichita homes for sale, consider Valley Center.

One of the fantastic benefits of buying a home in Valley Center right now is that the majority of homes in Valley Center qualify for the USDA Rural Development Home Loan Program! 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