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WHAT IS EMINENT DOMAIN?

What is Eminent Domain? Eminent domain is the power the United States government, states, and municipalities to take private property for public use, following the payment of just compensation. Breaking …

Book a video call online with Real Estate Lawyer, Attorney Mark Roy in Kansas City for deeds, contracts, notes & more.

WHAT IS A QUIT CLAIM DEED? Kansas City Real Estate Law & Deeds online video consultations & QuitClaim Legal Services Help

  General Warranty Deed Vs Quitclaim Deed in KansasQuit Claim To understand what a quitclaim deed is in Kansas, its useful first to understand general warranty deeds. A general warranty …

best real estate lawyers in kansas city in 2021

WHAT ARE THE BENEFITS OF FSBO? LAWYER/BROKER SERVICES AVAILABLE

WHAT ARE THE BENEFITS OF SELLING YOUR HOUSE FOR SALE BY OWNER WITHOUT A REALTOR? The biggest reason to consider some form of FSBO is the money you may save. …

If you plan to buy your first home, trade up to a larger home, or downsize now that your children are out on their own, or are in the process of selling your property, Mark A. Roy, a real estate lawyer can provide you with insight and legal guidance from start to finish.

If you’re a buyer, our lawfirm can: Explain the terms of your purchase contract Protect you from hidden liabilities with respect to your new home Review real estate documents that …

Foreclosure activity in Kansas and Missouri dropped sharply in July 2014 compared to a year ago. 507 properties in Kansas were facing default notices, scheduled auction and bank repossessions last month. That was down 30.2 % from July 2013. However, compared to June 2013 foreclosure actions were up 24% statewide. In Missouri 736 properties were scheduled for foreclosure down 48% on an annual basis from July 2013 and down 22% from June 2013. Nationwide 109,434 properties were in some stage of the foreclosure process in July 2014, and 2% increase from July 2014. Depspite the rise, foreclosure activity was 16 % below a year ago. It was the 46th consecutive month in which activity declined on an annual basis.

The non-traded REIT sector has experienced a flurry of liquidity events of late and that activity shows no signs of slowing. There seems to be a ?perfect storm? going on in the non-traded REIT industry that is driving the trend, says Kevin Hogan, CEO of the Investment Program Association (IPA), an investor advocacy group. Many non-traded REITs are maturing at a time when property fundamentals are improving and there is an abundance of capital in the market.

According to today’s KC Star Average long-term mortgage rates rose slightly this week but remained near their lows for the year. Mortgage company Freddie Mac said the nationwide average for a 30 year loan increase to 4.14% from 4.12 last week. The average for the 15 year mortgage rose to 3.27 from 3.23 last week. Mortgage rates are below levels of a year ago. They have fallen in recent weeks after climbing last summer when the Federal Reserve began talking about about reducing the monthly bond purchases it was making to keep long-term borrowing rates low.

According to KC Star 8/6/2014 U.S. home prices rose in June 2014 by the smallest year over year amount in 20 months, slowed by modest sales and more properties coming on the market. Data provider Core-Logic said prices rose 7.5% in June compared with 12 months earlier. That’s a solid gain but less than 8.3% year over year increase in May and a recent year to year peak of 11.9% in February. Month to month, June prices rose just 1.4% in May. But CoreLogic’s monthly figures are not adjusted for seasonal patterns, such as warmer spring weather. The slowing price gains should make buying a house more affordable. Prices had risen sharply last year, along with mortgage rates.