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Six area individuals charged in $14 million mortgage fraud scheme

November 12, 2007 Posted by Kansas RealEstateRama

A federal grand jury in Kansas has charged six Kansas City area individuals in a $14 million mortgage fraud that preyed on low-income homebuyers.

Foreclosures Jump In Missouri, Kansas

November 6, 2007 Posted by Kansas RealEstateRama

With the number of foreclosures increasing around the country, homes are taking longer to move.
Patty Milbourn is trying to sell what she calls a one-of-a-kind house in Midtown Kansas City a five-bedroom and three-bathroom house in the historic Coleman Highlands neighborhood.

Mortgage fraud trial again focuses on Shields’ co-defendants

October 29, 2007 Posted by Kansas RealEstateRama

The mortgage fraud trial of Katheryn Shields continued into its second week today with scant testimony so far about the former Jackson County executive.

Drop in Kansas Realtors seen

October 19, 2007 Posted by Kansas RealEstateRama

Rebound in sales expected in state by spring 2009
The number of Realtors in Kansas is expected to decline about 5 percent in 2008 as the industry copes with a slowdown, a real estate expert said Tuesday.

TIF panel OKs Hawthorn Plaza apartment renovation

October 15, 2007 Posted by Kansas RealEstateRama

A $26 million plan that would renovate the dilapidated Hawthorn Plaza apartments in midtown and demolish an adjoining adult novelty store was endorsed by a city agency Wednesday.

Wichita less affected by lending crisis

October 11, 2007 Posted by Kansas RealEstateRama

A strong economy and steadily rising home values have helped insulate the area from the crash in the subprime mortgage industry.
Tamara Marshall has lived at 626 Courtleigh in southeast Wichita since 1984, but now faces foreclosure.

Group to study foreclosures

October 8, 2007 Posted by Kansas RealEstateRama

TOPEKA - A sharp increase in the number of Kansans faced with losing their homes to foreclosures is prompting concern among some state officials, including Kansas Attorney General Paul Morrison.

Missouri’s tax on Kansans means Kansas could tax Missourians

August 17, 2007 Posted by Kansas RealEstateRama

Missouri lawmakers opened the backdoor for taxing working Missourians by creating a tit-for-tat tax environment with Kansas, but the month-old law appears set for repeal.

Appetite for development

August 13, 2007 Posted by Kansas RealEstateRama

Ora Reynolds helps Hunt Midwest become largest developer of residential lots in area
Anyone who has been around Ora Reynolds for any length of time would conclude she is a woman of boundless energy.

UG buys land for new fairgrounds

August 8, 2007 Posted by Kansas RealEstateRama

The Wyandotte County Fair is currently under way at a temporary location, but in the last few days the Unified Government has purchased 158 acres of property in the northwesternmost corner of the county with plans to create a permanent home for the fair.

City sets vote on sales tax

August 3, 2007 Posted by Kansas RealEstateRama

Valley Center residents will have an opportunity in September to put their money where their mouths apparently have been.
In a 5-3 vote, the city council last week ended a months-long debate over whether residents would vote on a 1-cent city-wide sales tax to help pay for capital improvement projects.

City of McPherson to lower property taxes

July 30, 2007 Posted by Kansas RealEstateRama

A city budget surplus will contribute to McPherson residents paying less property taxes in 2008.
Because the city has more money than expected, the amount of property tax needed will be reduced from this year’s total.

Kansas lawmakers not happy about Missouri tax

July 25, 2007 Posted by Kansas RealEstateRama

KANSAS CITY, Mo. (AP) — Kansas lawmakers are upset about a new law in Missouri that eliminates an income tax deduction for Kansans who cross the state border to work.

City budget tight; mill levy may go up

July 20, 2007 Posted by Kansas RealEstateRama

Tight, very tight, is what Marysville’s proposed city budget looks like for 2008 and, if approved at the Aug. 13 City Council meeting, the mill levy will increase from 68.762 to 69.135 mills.

Real estate investment firm gets into foreclosure market

July 13, 2007 Posted by Kansas RealEstateRama

Meyer Organization owner says he works to help homeowners in foreclosure save their credit
Troy Meyer has been watching the dramatic increase in the number of home foreclosures in the Northland and elsewhere.

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