Text Us: 22980
Phone: (913) 576-7798
| More
KMBZ>Audio & Video on Demand>>Life As You Own It 2.20.14 Segment 3

Life As You Own It 2.20.14 Segment 3

Feb 20, 2014|

Related Audio:

  1. Life As You Own It 10.10.14 Segment 2

    Audio

    Fri, 10 Oct 2014

     

    real estate found at 4:50

    to. Just get it done now by the way I'm really instant real estate and learning all about the topic to talk about us thanks so much for putting on a great show each weekend. Way to go Emilia -- -- he's just so -- or lady would be great lady writes. Okay Craig says that the should Easter should you go is should they should be cell at the peak. Look for the peak or sell now you know it's interesting you brought up what she brought up earlier about interest rates the same thing applies to real estate values and prices well. Nobody can tell with the markets Kennedy for sure. There's there's obviously people on both sides of the debate that say that housing prices are gonna stagnate. Some say they're gonna continue to go up some -- gonna take way off some say they're gonna drop. So how are you gonna know when you're at compete how's your husband and an owner at the -- out anchor how many amazing intelligent genius level radio talk show guys you listen to -- Or on TV shows that you may watcher -- every -- not going to become some overnight period it can just tell what the market especially
  2. Life As You Own It 10.10.14 Segment 1

    Audio

    Fri, 10 Oct 2014

     

    kansas city royals found at 2:41

    you that are -- -- the boys in -- are there in Kansas City Royals . That's home base no pun intended for Craig and I Axworthy intergalactic headquarters where life is you own -- are based here
  3. Life As You Own It 10.10.14 Segment 3

    Audio

    Fri, 10 Oct 2014

     

    tax deductible found at 2:47

    times barring money for your home equity going to be the most tax efficient money you can borrow. Taking had a personal loan Carolina credit using other types of credit likely will not be tax deductible . Whereas depending on. Following the RS guidelines and you've got a note they are won't go until now with the limited time we have. If you follow along those guidelines and you've got that benefit especially. Do you there's always that 100000 dollar. One time you know benefit your your exemption is a 100000 dollars or anything above that he need to do it tax repairs CPA count but. And we folks it's tax efficient money your bar and another big one. All right last bit is from our friends at midwest professional insurance services 3COM and home insurance. Gaps that many of our listeners may have number one is up. Understand the replacement cost of
  4. Life As You Own It 9.30.14 Segment 2

    Audio

    Mon, 6 Oct 2014

     

    interest rates found at 1:48, 2:47, 6:00

    programs. Maybe conventional but there's going to be some significant adjustments to interest rates . In a situation like this you're gonna wanna have a a significant down payment if you're trying to go conventional because most
    a little bit now you're able to get a little bit better interest rates you're able to get the mortgage insurance products that are out there. And and it's going to be more formal process remind at home -- 700 above is is really ideally where you wanna beat. And we tell you there's adjustments 707 when he -- between 74740. And above typically 760 or higher. He would qualify for the lowest PMI rates if you're not put in 20% and -- -- mortgage insurance rates. You're also gonna qualify for the lowest interest rates . 74760. There are some minor adjustments -- once you get under 740 even though somebody with a 725 would be considered good credit score . He will pay slightly higher interest rates may even an eighth of a point higher the somebody with a 740 some -- scored. You're over 700 but not quite the seventh when he you're probably paying about a quarter point higher rate than your neighbor who might have that 74575760. Score. How much is an impact you well a 200000 dollar loan now thirty bucks so month. And I overtime -- in and a so it's important maximize the scores folks into get your foot in the door and if we wanna beat. Keep in mind to do that if you have a 76 -- our credit score . Or 740 -- seven when he or anything in there. Government loans there's not an adjustment so once you qualify for getting
    mortgage insurance. And realize a savings of 50810200. Dollars. At the same interest rates all about having one educate you and teaching you how to break down the numbers he can do it. Greg Craig what's not -- the agenda will keep your agenda have thought let's let's spouse's credit score and that how to actually what happens if I I just -- is there incumbent on their credit score and I do that no you can't if you're going on the more folks in you winning is allowing them we --
+

Automatically Generated Transcript (may not be 100% accurate)

-- Scheme. In. In there and flew. Mirror and I. All right his last segment of life that you -- it we are very appreciative to have some guests to fill the shoes of dragging. Since Craig's not here I'm gonna say that they didn't only filled issues they split the issue sounds. And you know when you see the little little golden baby issues beat you you usually get as a gift his -- about that size just getting not. So thanks again for -- and as Dan and -- then you guys have done tremendous work today and I'm certain that our listeners will benefit from a -- -- -- -- And I also got out of the last few bits of information -- share were listening audience and the first one is. We talked about those potential opportunities. In those five markets that as of Q4 2013. -- Were the worst it now nationally. On my home values rose ten point 1%. In the fourth quarter of 2013. On the compared with the same period of 2012. So year over year up ten point 1% and that's a that's what we like to see and that's that's the trend that. We've seen continue thus far in 2014 but these. Cities -- had a downward trend year over year and you can look at that two ways either. Watch out it's gonna continue to drop Werth you've got enough market in -- you understated work in the real estate professional that knows the trends knows what's going on in the market. They may advise you that it's a perfect time to jump in close to the bottom we don't know the bottom of market. Until we what. Look in the rear view mirror on so if it may be opportunity I'm an optimist so I say probably opportunity and some of these markets number one analyst design Elmira, New York. Average home price is 99 median home price 995 down at eleven point six year over year Champaign Urbana. Got to think there might be some opportunities for real estate investors there. On in a bigger college town down 11% year over year Fort Wayne, Indiana down nine and a half percent your of your Springfield Illinois. Sprinkled in nice to. Been there a few times nice little town on the average home price 105000 down 9% and Fayetteville. North Carolina down eight point 8% year over year those -- some big drops in the face of a ten point 1% national right now I don't know the details. Or the reasons to why those are trending. But I do you say there's possibly opportunity for you with your first time home buyer or a real estate investor and Dan we talked about this I think the -- the show can home be romantic you said yes. Absolutely okay well if you're listing your home and no one of these five cities here particular romantic in Orange County California. Almost 2% of the listings used the word romantic 2% of the listing you were romantic followed by a Los Angeles San Diego San Francisco and in Tucson. No shock. That in California. Movie and Hollywood did they throw in romantic as they as a discredit turf war. Homes but those -- that that by listing percent of listings those were the 12345. Top five they used the word romantic. Okay well. It's we're down to the end folks. We hope you've enjoyed this installment of life -- on it's. -- we're very pleased to have Nathan Nathan in each shout out when he giving your -- France you know any friends I don't cup while there are a couple of friends. In Ukraine on our own island name drop on OK well Nathan has been a great guest and you've been a good sport. Appreciate you put up with me give -- a hard time and you even we even went head to head on -- should he stay or should you go scenarios so. Thanks so much for that and Danny any indeed your clients friends relatives that you wanna give a Holler out do. Actually I'm just thinking that I got a new word for all my listings and when he fourteen romantic -- -- but then violence. Just so dramatic getaway the consummate professional Dan Lynch we appreciate you shared some time with us today. Thanks Mike for being on the show would be a friend of life as you own it. Okay folks remember this is the middle segment of our three part three part series. On a first time home buying what steps are you need to take some good advice and next week. We're going to share with you the tips on how to negotiate that theory first contract had a pitcher not to skate your best you kind of walk you through what it looks like. In that process -- shared a little bit of it but will go into more detail next week at -- and so much more. Thanks for hanging out with a is thanks for being a friend of the show and remember to what state that. Steve and I mean.

KMBZ Iphone App

Photos

Kansas City Perks

On-Alert

KC Gas Prices

RSS Center