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Welcome to Kansas Real Estate Lawyers.com
Did You Know?
A Reverse mortgage is also known as HECM
Section 255: Home Equity Conversion Mortgages (Reverse Mortgages, a.k.a. HECM) allows a borrower aged 62 and older to borrow against the equity in a property that has limited outstanding debt. A subject property under this program must be an existing one-to four-unit dwelling in which the mortgagor occupies one of the units. It may be a condo if in a FHA approved project. Manufactured homes are eligible if the home complies with outstanding FHA guidance.
Real Estate is defined as the land and anything growing on, attached
to, or erected on a designated plot of land. This excludes anything
that may be severed without injury to the land. Real estate property
can be categorized as either corporeal (soil and buildings) or incorporeal
(easements) accommodations. If you are located in another part of the United States contact one of our real estate lawyers nationwide. Real estate lawyers facilitate the transactions
between owners of specific plots of land.
The value of farm real estate at the national level ncreased by 22 percent from 1994 to 1998,All regions showed percent increases of more than 16 percent except for the Northeast, which had the least gain at 6 percent.
1994
1995
1996
1997
1998
503
535
553
565
577
Source: usda
In order to pass the title of a property, a deed with a proper
description of the land must be executed and delivered. This is
where you need a Kansas Real Estate Lawyer. The federal and
state government govern real estate transactions by having passed
statutes and common laws to regulate how titles pass from owner
to owner. A real estate lawyer can help you with the day-to-day
specifics of ownership transaction and other aspects and concerns
of real estate.
There are many different areas and aspects of real estate that
Kansas Real Estate Lawyers handle, including:
The Marketplace Report: Housing Market
Audio, RM, 44 Kbps, 3:06, 3/2/2005
Despite predictions of a slowdown in the real estate market, U.S. housing prices continue to skyrocket. John Dimsdale of Marketplace says part of the reason may be that Americans are buying second homes in record numbers. Source: National Public Radio
Farm Real Estate Values Continue Upward
WASHINGTON, Aug. 2, 2002 - U.S. farm real estate values, including land in buildings, averaged $1,210 per acre as of January 1, 2002, up 5.2 percen... Read more >
Definition:
A lease is an agreement between a landlord, property owner or property manager and a tenant. The agreement covers issues such as rental amount and length of time the lease is in effect. The rental amount may include or exclude property taxes, garbage pickup fees, utility costs, property maintenance and other expenses.
Closing
Definition:
Also known as settlement, this is the time at which the property is formally sold and transferred from the seller to the buyer; it is at this time that the borrower takes on the loan obligation, pays all closing costs, and receives title from the seller.
Cap
Definition:
A limit, such as that placed on an adjustable rate mortgage, on how much a monthly payment or interest rate can increase or decrease.
If you live in the following cities and need an real estate attorney you should contact
our Real Estate Attorney as soon as possible:
Derby
Dodge City
Emporia
Garden City
Hays
Hutchinson
Junction City
Kansas City
Lawrence
Leavenworth
Lenexa
Liberal
Manhattan
Newton
Olathe
Overland Park
Pittsburg
Prairie Village
Salina
Shawnee
Topeka
Wichita
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general information related to real estate issues commonly encountered.