Speak to an Attorney if a seller lied on a disclosure in Missouri by failure to disclose known adverse material facts.
Speak directly with a real estate attorney if you believe a seller lied on disclosure in Missouri or Kansas.
MILLENIALS ARE GIVING UP ON PURCHASING A HOME
Redfin CEO Glenn Kelman has been known for making some strong statements about the housing market, and last week he issued his latest proclamation, warning of a slowdown that is …
REAL ESTATE STATISTICS
Overview of the Real Estate Market 5.51 million existing homes were sold in 2017, according to data from the National Association of REALTORS?. 612,000 newly constructed homes were sold in …
FSBO – PROBLEMS TO LOOK OUT FOR
How to Sell Your House Without a Realtor You’re ready to put your house on the market, and you?ve decided to go it alone. Are you really saving money? By …
WHAT ARE THE SERVICES OF A REAL ESTATE BROKER?
Types of services that a broker can provide Real Estate Services are also called trading services by some jurisdictions. Since each province’s and state’s laws may differ, it is generally …
REAL ESTATE AGENCY RELATIONSHIPS
Agency relationships with clients versus non-agency relationships with customers Relationship: Conventionally, the broker provides a conventional full-service, commission-based brokerage relationship under a signed listing agreement with a seller or a …
HOW TO KEEP YOUR HOUSE AND FAMILY SAFE WHEN SELLING FSBO
In the real estate world, FSBO means ?For Sale by Owner? which means the sellers are not using the services of a real estate agent to sell their property. While …
12 PHOTOGRAPHY MISTAKES IN REAL ESTATE LISTINGS
Aside from getting the address right, listing photographs are the most important part of the home sale listing. A study conducted by Michael Seiler of Old Dominion University stated that …
20 QUESTIONS HOME BUYERS SHOULD ASK WHEN CONSIDERING A HOME PURCHASE
Here are 20 questions any home buyer should ask when considering a home purchase – 1. What year was the house built? If you’re not sure, you can look at …
FSBO LUXURY HOME SALE – HOW TO SELL A LUXURY HOME FSBO
How To Sell A Luxury Home For Sale By Owner (FSBO) When it comes toselling a home for sale by owner (FSBO)there is a large amount of work for the …
WHAT IS A BONA FIDE PURCHASER?
A bonafide purchaser(BFP) ? referred to more completely as a bonafide purchaser for value without notice ? is a term used predominantly in common law jurisdictions in the law of …
21.3% OF THE U.S.POPULATION PARTICIPATES IN GOVERNMENT ASSISTANCE PROGRAMS
Approximately 52.2 million (or 21.3 percent) people in the U.S. participated in major means-tested government assistance programs each month in 2012, according to a U.S. Census Bureau report released today. …
STATES WHERE AN ATTORNEY IS REQUIRED FOR A REAL ESTATE CLOSING
The process of buying or selling your home is quite complex, so you’re fortunate to have a real estate professional to guide you through some of the process. However, in …
TRANSACTION COSTS IN BUYING/SELLING REAL ESTATE?
Earnest money deposit Earnest money (which is held in escrow) is how sellers know you’re serious. Keep in mind that how much money you hand over upfront depends on a …
CONDOMINIUM AND PUD OWNERSHIP
Condominium and PUD Ownership Builders, in an effort to combat the dual problem of an increasing population and a declining availability of prime land, are increasingly turning to common interest …
MOLD
MOLD BASICS Why is mold growing in my home? Molds are part of the natural environment. Outdoors, molds play a part in nature by breaking down dead organic matter such …
LAND PATENTS
A land patent is an exclusive land grant made by a sovereign entity with respect to a particular tract of land. To make such a grant “patent”, a sovereign (proprietary …
WHOLESALING
How To Use The Wholesale Real Estate Forms… The Wholesale Purchase Agreements are used to put a property under contract with the seller. Typically a wholesaler will assign the contract …
WHAT IS A SHORT SALE?
What is a ‘ShortSale?’ A Short Sale takes place when homes are sold for less than the bank payoff, and the home seller does not have the funds to make …
ESCALATION CLAUSE
During a buyer’s market, home buyer’s are agressive in their offers; making offers substantially below asking price with many seller concessions. As the market has shifted, buyer’s have had to …
THE MYTH OF LIMITED SERVICE AGREEMENTS
The Myth of the ‘Discount Listing’ There are all kinds of business models that have been created in recent years to give home buyer’s and seller’s a choice in how …
WHAT IS THE MLS?
Realtor Tools: the MLS The modern day MLS (Multiple Listing Service) is the method that information on real estate for sale and sold properties are disseminated throughout the real estate …
LAND SURVEYS
Land Survey: Defining a Property Often times when showing properties, a client asks me, “Where is the property lines?” As a purveyor of properties, it would make sense that we …
SELLING A HOUSE IN KANSAS
Here’s an overview of the basics, including seller disclosure requirements. Most listing agents will want you to sign an exclusive right to sell listing, which obligates you to pay a …
4 EASY STEPS TO A GREAT WHOLESALE DEAL
The real estate market is roaring back! And today’s market can be good news forwholesalerswho learn to capitalize on these opportunities. The real estate market is roaring back! One of …
10 HABITS OF SUCCESSFUL REAL ESTATE INVESTORS
Joint ventures, wholesaling and property management are just a few of the ways investors can profit from real estate, but it takes a little savvy to become successful in this …
FSBO SELLERS IN A DOWN MARKET
Tough times can motivate, frustrate agent-less sellers Four years ago, when Judy Cruz decided to try to sell her house on her own, it couldn’t have been easier. She struck …
HOUSING TRENDS SINCE 1950: THE DIFFERENCE WILL SHOCK YOU
Housing Trends Since 1950: The Difference Will Shock You For the last few years, home buyers have done battle with some challenging housing trends: fewer homes to choose from, rising …
THE POST INDUSTRIAL ERA IS OVER
The Post-Industrial Era Is Over ByLESTER C. THUROW The sun is about to set on the post-industrial era. No one should mourn its passing. In the post-industrial era, service jobs …
HOW THE INTERNET CHANGED REAL ESTATE
How the Internet Changed Real Estate For many years, real estate agents were the single most important gatekeepers of information regarding local real estate. If you wanted to know which …
HOW TO FILE A MECHANICS LIEN IN KANSAS
How to File a Mechanics Lien in Kansas Mechanics liens are powerful tools under Kansas law, but they are also strictly statutory. That means a lien claimant must comply carefully …
TOP TIPS FOR FILING A MECHANICS LIEN IN MISSOURI
Drafting a mechanic’s lien and ?notice of intent? (?429.100) involves crucial steps that can be harmful to your case if overlooked. Whether you forgot to verify the ?just and true …
REAL ESTATE ASSIGNMENT CONTRACTS
Visualize a real estate purchase contract with just a few extra words added to your name as the buyer. This would look something like this: “Buyer: John J. Doe, and/or …
THE BASICS OF WHOLESALING REAL ESTATE
I’m not here to puff up real estate investing, nor to convince people that they can get rich quick in the business. However, there are people getting pretty nicely compensated …
CONTINGENCY CLAUSES IN HOME PURCHASE CONTRACTS
A contingency clause defines a condition or action that must be met for a real estate contract to become binding. A contingency becomes part of a binding sales contract when …
LONG TERM REAL ESTATE APPRECIATION RATE IN THE U.S.
Long-term real estate appreciation rate in the U.S. Before we talk actual real estate appreciation rates, let’s talk about why you’d want to know what they are in the first …
FSBO – INSPECTIONS
Real estate inspection. The three little words can cause palpitations in even the sturdiest souls. For potential homebuyers, a real estate inspection means the house they have recently fallen in …
FSBO – 6 REASONS TO HIRE A LOCAL REAL ESTATE ATTORNEY
Buying or selling a home is best done with some assistance. Real estate brokers have access to the Multiple Listing Service in their geographical area and have obtained the educational …
Best for sale by owner sites
The top 11 For Sale by Owner Marketing Wesites Best for sale by owner sites To determine the best for sale by owner sites, we looked at a variety of …
FSBO – THE IMPORTANCE OF TITLE INSURANCE
Title Insurance What is a Title? A title is the evidence or right a person has to the ownership and possession of land. A defect in the title can be …
FSBO – HERE ARE THE SECRETS
Selling your home means making dozens (if not hundreds) of decisions, starting with whether to work with a real estate agent. While the vast majority of homeowners hire a listing …
FSBO – THE RIGHT WAY
For those hoping to maximize profits on a home sale, posting a ?for sale by owner? sign in the yard is an appealing option. Real estate brokers typically take 5 …
FSBO – 5 REASONS YOU SHOULD FSBO
5 Reasons You Should For Sale by Owner (FSBO) More and more homeowners are taking advantage of the technology-based tools available to help them list, market and sell their own …
FSBO – WORDS THAT MAKE A DIFFERENCE – WORDS MATTER
The common saying ?location, location, location? is often but not always true. Though location does affect a property’s value, this value can also shift up and down depending on how …
FSBO – WIN FOR CONSUMERS AND ATTORNEYS
FSBO: Win-Win for Consumers and Attorneys There is value in a diverse new client funnel. Fundamental changes in technology have created new opportunities for lawyers. There may be no better …
CONSIDERATIONS TO MAKE BEFORE INSTALLING A POOL
As summer approaches, perhaps you’re daydreaming about putting in a swimming pool or buying a property with a backyard pool. That way you can take a dip and cool off …
FSBO – HOW TO PREPARE YOUR HOUSE BEFORE PUTTING ON THE MARKET
How to Prepare Your House for Sale The little things can make a big difference Every seller wants her home to sell fast and bring top dollar, but it takes …
Who draws up contract in for sale by owner?
Talk to an attorney for specifics on who draws up contract in for sale by owner. The seller’s agent is typically the person who draws up a purchase agreement, but …