Tag: foreclosure | PSR Home Buyers

What the End of the Foreclosure Moratorium May Mean For Homeowners in Kansas City

November 18, 2020

Concerned about foreclosure in Kansas City? While many will be ringing in 2021 with New Year celebrations, those who are in forbearance due to loss of income caused by the Covid 19 pandemic will soon see their Fannie Mae or Freddie Mac program end. Without a certain solution to financial woes, an immediate response to … Continued

Short Sale vs Foreclosure – What’s the Difference in Kansas City ?

June 11, 2020

By bldinkel

Unfortunately it looks like we are heading in a direction where we see another wave of short sales and foreclosures similar to what we saw in 2008. Depending on whether you’re a buyer or a borrower/seller, a short sale, and foreclosure each present different advantages and difficulties. What Is A Foreclosure In Kansas City? Probably … Continued

What is a Pre-Foreclosure in Kansas City Metro ?

November 8, 2019

By bldinkel

With millions of homes across the country going into foreclosure, it’s important for both buyers and mortgage holders to understand the process. So what is a pre-foreclosure in Kansas City Metro anyway? Many homeowners across America and Kansas City Metro are facing difficulties making their monthly mortgage payments. When a homeowner misses 3-6 months of mortgage payments, … Continued

How to Stay in My Home After Foreclosure in Kansas City Metro

October 11, 2019

By bldinkel

A recent study estimates that 47% of foreclosed properties are still occupied. When you first see that stat you may be surprised… but we’re not. What most people don’t realize is that banks aren’t in the business to own homes. They are in the business to loan people money. But when they have to foreclose … Continued

Understanding the Foreclosure Process in Kansas/Missouri

September 20, 2019

By bldinkel

Understanding the foreclosure process in Kansas/Missouri is an important part of navigating your own home foreclosure. Before we dive in… Understanding the Foreclosure Process in Kansas/Missouri What is foreclosure anyway? Foreclosure is the legal process that lenders use to take back property securing a loan, generally after the borrower stops making payments. Foreclosure is no fun. … Continued

Can I Sell My House in Foreclosure in Kansas City Metro ?

September 13, 2019

By bldinkel

Do you have a Kansas City Metro Kansas/Missouri house that’s in foreclosure right now? Many people going through the Kansas/Missouri foreclosure process want to get out from under that burdensome house and wonder if they can sell the house in foreclosure. The short answer: yes. The long answer: it’s a little more complicated, but usually … Continued