Ty Simmons Kansas City Investment Property

As someone with personal ongoing experience in the Kansas City marketplace as both a Kansas City Realtor and Lender, this recent article distributed to the news media by McClatchy-Tribune Information Services suggests that buyers and sellers look to Realtors who have forged strong relationships with ethical lenders.

"Realtors take their responsibilities quite seriously and can provide valuable insight to the home buyer for just about every aspect of the transaction. Each home purchase has things that make it distinctive from any other home purchase. There are physical differences in each home as well as variations in the way the home has been kept. But the most dramatic difference brought to each home sale is the buyer's qualification for financing."

The article outlines the Three "R's" of a good mortgage lender as "Responsive, reliable and resourceful."

"The responsive lender asks a lot of questions and clarifies the customer's answers until they reach a concert of agreement. Only then can an appropriate loan be structured."

Reliability is equated with integrity, as all parties to the transaction need to feel secure that the lender will deliver as promised.

Because the real estate transaction is dynamic, many surprises can occur. For example, inspections turn up hidden defects, or there are problems with the buyer's income or liabilities, or the appraisal does not pass underwriting. The resourceful lender needs to know how to evaluate and explain these situations, and has alternate sources for financing that will provide the same rates and terms.

The article concludes: "Once you have found a Realtor you trust, it's usually safe to reference his list of financing referrals to find a mortgage provider who knows and operates according to the three ‘R's' of home finance."

Since we are the professional, we should share our past experiences of using ethical lenders. In my opinion, it is also necessary to share ALL (the good and the bad) information.

Ty Simmons

We hope that you enjoy this Kansas City Relocation Information. When Relocating to Kansas City we would love to help you gather the needed information to help you make an educated decision on where you will live!

Whether you and your family is moving to Kansas City for work, or simply looking to fulfill a lifestyle change, we would love to help you by answering your questions!

Thanks folks!

Ty Simmons

Sprint looks like the hard times will be falling directly on its current employees in around 3 weeks! Rumor has it they are looking to lay off 7-10,000 employees, including 30%of their VP's.

This could not have come at a worse time for the Kansas City Marketplace due to many stagnant properties that have been on the market for a long period of time, and a ton of over leveraged homeowners whose Adjustable Rate Mortgages are about to expire.

We do not have the final numbers of total lay offs that will happen in our Kansas City area, but we are hoping that it will be limited. If you live here, you surely know of some friends that this news will impact.

Lets keep this in mind, Sprint must do what it thinks is needed in-order to survive as a whole. Lets hope that this decision will help Sprint bounce back quickly. When the final word comes down, let us be helpful to those people who need our help. This is a great opportunity to solidify relationships by contacting our Centers of Influence, family and friends, and help these people get placed into other job positions.

Enjoy the day, it is a gift.

Ty Simmons