Below are links to bank owned homes in the Wichita area. Buying a foreclosure home can sometimes save you BIG money - but there are risks. Most are in need of some repairs. We can't stress enough how important it is to thoroughly inspect a property before making an offer. We recommend the use of a professional, certified home inspector. Please See our Preferred Vendorspage for lists of qualified inspectors we tend to trust and know will treat you right, and hopefully not miss anything.

Many times you can make offers for less than even the reduced asking price - even below market value - simply because banks, lenders, and asset management companies want the cash. This means potential for great values - but DO NOT GET CAUGHT IN A BID WAR - Never over pay for a home... it's too easy to do! Most of these homes had good families in them at one point in time, but life does happen and for whatever reasons, divorce, loss of job, death in a family, medical issues etc - the previous owners were unable to keep up with the mortgage. Please do not seek out the previous owners - it is often a fresh wound.

Instead, call us! We can provide, for FREE to you, details on the foreclosure case. When you hire us as a buyer's agent we'll help you determine value and assess known facts. The details we provide comes from a variety of sources, like the county courthouse, register of deed, and appraisers office as well as research on previous MLS listings - which when combined together will give you a tremendous amount of data for which to better understand the history of the property and liens against it and to ultimately decide on value to you and a price to offer when added with present condition considerations.

Eric Henderson and his team update this list often - so keep checking back, and please report any broken links or searches with no results. We will fix all reported broken links ASAP.

Thanks! Happy Home Hunting!

Listings and links are below - Please contact us for more info.

EXPERT Kansas BROKER, Eric Henderson, wants to help YOU with your REO, VA, HUD, SHORT SALE, PROBATE, FORECLOSURE or PRE-FORECLOSURE purchase, negotiations and/or asset disposition.

Located centrally in Wichita, Kansas, Eric Henderson and his team of REALTOR (R) team members can help you with buying or selling any REO type of property. Eric, an experienced investor himself, is an excellent resource for buyers wanting a "good deal". Investors of all ages and proficiencies are welcome. Eric has done it all - and is an active member of the online and local training community by actively posting at many websites forums devoted to short sales, HUD and VA or foreclosure sales. In all, he has well over 2,000 information packed posts with ideas - and much talked about techniques.

"I can't take all the credit for all my techniques I write about... I'm a bit of a geek - but detail and goal oriented, thanks in part to my experiences and training while serving our county in the Navy... My unique experiences, atributes and personal drive to succede has been my biggest assets in my personal choice of careers - Real Estate. My techniques are a combination of these personal attributes and experiences as well as all of the training and reading I have been exposed to. I buy (or rent or borrow) almost every self-proclaimed real estat guru's books, audio courses and/or videos... This is a bit expensive - but I figure that if I spend say $300 on the average course and get just ONE idea from it that helps me buy something or make $1,000 or more... or which helps me help one of my clients to do the same, than it is well worth it. I offer all of my clients access to my library to get ideas as well. I take a little from here and a little from there and experiment in each market to see what works best for ME... I have many clients who do things I would never do - but they are making money and who am I do knock that? I learn something new every day. My point is that there is almost an unlimited number of ways... techniques if you will... to making money with real estate... You have to figure out what works well for you... I can help..."

HUD, VA, REO, Foreclosures, Pre-Foreclosures, Tax Auctions, Probate and Short Sales are all excellent resources for finding a home for yourself or to begin/add to your real estate investments. Wichita, Kansas and the metro area is growing. Our city, the largest metro area in Kansas, has been noticed by others recently. Investors wanting to cash out of California's over priced markets (and other areas) are moving money here - quickly - and there's a reason why... The Midwest still has value for the landlord and investor, while property appreciation might not be the way to make your total investment decision (as is the case in many other large cities - in fact its the only way to make money since the property values are so inflated that rental income can't match or makeup for operating expenses in many cases - thus the owner is paying to own a property then making money on the sale at a later date due to yet even more inflated appreciation... but it works for them...), the Midwest and Wichita, Kansas in particular have many available properties and opportunities for development which can provide a solid cash on cash return on your initial investment - as well as a modest appreciation, in my opinion, a much safer investment. If you don't have a property or two here - you are missing out on record opportunities to purchase here... this is THE time... There are record numbers of foreclosures, record low interest rates ( although they are going up a bit now... they are still really low), and plenty of help available to find you exactly what you can handle and need.

Get started by clicking on the links on this page - Eric Henderson and Advantage Partners, LLC wants to help you. For more information on any of these listings or to report a broken link or tell us about a link we missed please email us at Eric@WichitaHomeCenter.com or call Eric at 1-316-518-9350.

Thanks for visiting Wichita Home Center. For more of your Wichita Real Estate and Home sales needs, please visit our sister site at http://www.wichitahomehunter.com for quick, easy MLS access.

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