Select Homes Magazine by Mike Grbic Team Select Homes

Select

Magazine

State of the

Monthly Real Estate Market Updates Pgs. 8-10

JUNE 2010

Magazine

400K-1M

Pretty Prairie

Oxford

350 N Valley Rd $795,000 3 Bed 3.5 Bath 4 Car-Garage SQFT-4,498 31 acres

5919 W Pleasant Valley Rd $650,000 6 Bed 4.5 Bath 4 Car-Garage SQFT-6,738 80 acres

This beautiful home has an open floor plan and a finished walk out basement with family room, office, safe room, wine cellar, mechanical workshop, & hobby room. The gourmet kitchen includes tile floor, granite counter tops, walk-in pantry, and double ovens. Outside are 2 ponds, a 40x60 workshop, and a 10 zone sprinkler system. This house could be purchased with 140 acres for $975,000.

This amazing home includes vaulted ceilings, floor to ceiling windows, stone surrounded fireplace, hardwood floors, and stainless steel appliances. Master suite has bay windows and a double Jacuzzi tub. Full finished walk out basement with fully functioning kitchen. A large raised deck and covered back patio looks out over the pond. The garage can also function as a guest house that includes itsâ&#x20AC;&#x2122; own small, raised deck.

24 Hr. Rec. Info. Call 1-866-472-6673 ext. 102

24 Hr. Rec. Info. Call 1-866-472-6673 ext. 180

Goddard

El Dorado

2531 S. Le o Cir $499,900 6 Bed 4 Bath 4 Car-Garage SQFT-4,629 4.53 acres

2510 Kinder Dr $440,000 5 Bed 3.5 Bath 3 Car-Garage SQFT-5,475 CityLot

This custom built home includes hardwood floors, a beautiful, stone-encased fireplace, a loft library/office, a grand staircase with intricately detailed wrought iron spindles, and an absolutely stunning wet bar, which includes granite counter tops. Outside are beautiful views of the pond, perfect landscaping, and a wrap around deck. One of the garages has an upper level that can be finished for additional living space.

This prestigious home has solid maple woodwork, new carpet, crystal chandeliers, two fireplaces, huge gourmet kitchen with butlers pantry, two safe rooms and more. Master bedroom includes a spa/sun room leading to the back deck. Home sits on a full finished walk-out basement. Outside a 34x14 Trek deck covers the back of the house. 3 car oversized garage is fully insulated and ducted.

24 Hr. Rec. Info. Call 1-866-474-5699 ext. 106

24 Hr. Rec. Info. Call 1-866-472-6673 ext. 108

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To Toschedule scheduleaashowing showingcall call316-684-0000 316-684-0000

Relax,

Revive,Rejuvenate!

1501

NRocky Creek Wichit a, KS

$675,000

AMAZING EXECUTIVE LEVEL HOME located in the very prestigious Rocky Creek development and Andover school district. This home features 5 bedrooms, 4.5 bath, 3 car garage, and just over 5000 square feet of living space. Outside you will enjoy the lush landscaping that provides beautiful curb appeal. Inside you will appreciate the great open floor plan with neutral decor throughout. The living room features a magnificent fireplace and built in book shelves with vaulted ceilings giving the room a very open feel. In the kitchen you will notice the amazing hardwood floors, granite counter tops, island, and the beautiful woodwork throughout. The master suite features walk in closets, access to the patio, and a master bathroom with separate tub and shower. The basement offers a great place to entertain featuring a beautiful additional fireplace and wet bar. In the back you will enjoy sitting on the raised deck over looking the patio area, and beautiful large in ground pool that has been converted to salt water, and newly finished pool house. The home also has access to a pond which gives you the feeling of rural living in the city. This home is an absolute must see and is sure to please the most discriminating buyer! WELCOME HOME!!!! To schedule a showing please call 684.0000

Find an Oasis in your own backyard!

Select

300K-500K

Derby

2300 N Rough Creek $419,900 SQFT 3,570 City Lot 5 Bed 3 Bath 3 Car-Garage

2730 N. Rough Creek $359,900 SQFT 3,821 City Lot 5 Bed 3 Bath 3 Car-Garage

This gorgeous executive home on the Golf Course, par 3, hole 11, has an open split floor plan, professional faux finished walls, alcoves, murals and built-ins throughout. Additionally this home features beautiful woodwork, hardwood floors, and amazing custom window treatments. Downstairs walk/out basement includes game room and wet bar. The garage is heated & cooled and has a high lift door allowing for a car lift to be installed.

This former model home, which sits right on the golf course, has vaulted ceilings, gas fireplace with granite, & coffered ceilings throughout. Thereâ&#x20AC;&#x2122;s also a gourmet kitchen, rotunda breakfast nook & formal dining room. Master suite includes oversized windows, access to deck, & whirlpool tub. Finished basement includes theatre room and wet bar.

24 Hr. Rec. Info. Call 1-866-474-5699 ext. 117

24 Hr. Rec. Info. Call 1-866-472-6673 ext. 150 Derby

Distinctive homes for the astute buyer Play Ground 2607 N. Rough Creek $349,900 SQFT 3,821 City Lot 5 Bed 3 Bath 3 Car-Garage

This former model home, located in a golf course community, has vaulted 10 foot ceilings, gas fireplace with granite, and coffered ceilings throughout. Thereâ&#x20AC;&#x2122;s also a gourmet kitchen, rotunda breakfast nook, and formal dining room. Master suite includes oversized windows, access to deck, and whirlpool tub. Finished basement includes theatre room and wet bar.

Pool A neighborhood of friends, celebrations, leisure, and activities

Walking paths

Golf course views

24 Hr. Rec. Info. Call 1-866-472-6673 ext. 120

To schedule a showing call 316-684-0000

Community ponds Select

13204 E. Stampede $365,000 SQFT 3,478 City Lot 4 Bed 3 Bath 3 Car-Garage

14985 SW 30TH $365,000 SQFT 3,434 on 2.9 Acres 3 Bed 3 Bath 4 Car-Garage

This move in ready home has an open floor plan with large rooms, large walk-in closets, neutral decor, hard wood floors, and large windows throughout. Kitchen includes Corian counter tops, maple cabinets, eating bar and island. Full finished walk out basement includes game room and wet bar. Sit out on the wood deck, and you’ll enjoy views of the stables & lake.

This beautifully updated home has a spacious floor plan, new carpet, new wood floors, slate tile, 3 stone encased fireplaces, new paint, and new bathrooms! Outside there’s a large pond with an island, and a large hanger, with attached workshop. There’s a private taxi way to the newly updated Stearman Field that has a 5000x60ft runway with GPS approach and a full service maintenance facility.

24 Hr. Rec. Info. Call 1-866-472-6673 ext. 127

24 Hr. Rec. Info. Call 1-866-472-6673 ext. 105 Derby

Northwest Wichita

1106 E Partridge Cir $349,900 SQFT 4,663 on 1.5 Acres 5 Bed 3.5 Bath 4 Car-Garage

4772 N Portwest Ct $349,900 SQFT 3,072 City Lot 4 Bed 3 Bath 3 Car-Garage

This Derby home has vaulted ceilings, a gas fireplace, a large kitchen with gorgeous wood laminate flooring, a pantry, plenty of cabinet space, and a breakfast nook with access to the porch. The main floor also includes a massive master suite. Finished basement includes game room, office, and rec room. Outside is a Swimming pool, patio, screened in porch and wood deck with built in benches.

This updated home has vaulted ceilings, skylights, new carpet, 2 fireplaces, wet bar, newer tile floors, central vacuum system and more. The large kitchen has Corian counter tops and a Jenn-Air range. The master suite features coffered ceilings and has access to the deck. This home sits on a full finished walk out basement. Outside is a large covered patio, raised wood deck, heated garage, and private dock on the lake.

24 Hr. Rec. Info. Call 1-866-472-6673 ext. 131

24 Hr. Rec. Info. Call 1-866-472-6673 ext. 166

Select

300K-500K

Benton

East Wichita

To schedule a showing call 316-684-0000

State of the

THINGS ARE LOOKING UP! What a ride this has been. Wichita area home sales have fallen by more than 30% over the past 3 years. Starting in late 2008, the market seemed to hit the wall. During the same time, home inventory levels rose, creating a buyer’s market in many of the higher price ranges, but the market seems to be turning the corner. It won’t be a robust recovery, but rather a slow and steady improvement. Buyer confidence and continued economic improvement will keep sales moving.

MAY 2010

What Are Interest Rates Doing? The record low rates we’ve had below 5%, aren’t predicted to stay that way over the long term. The Mortgage Bankers Association forecasts the 30-year fixed mortgage rate will rise, but only to 6.3% by the end of 2011.

Are Homes Still Selling? Yes. Home sales from March to April were up 31.4%, according to the latest figures put out by the South Central Kansas MLS. April sales figures of 891 homes were also up 31.8%, over April 2009 sales. April’s pending transactions were the highest, for one month, in recorded history. Will the tax credit bump, cause a late summer slump? We’ll see. WSU Center for Real Estate predicts a 5.1% increase in home sales for 2010.

How About Home Values? This is probably the single biggest question I get. Historically our market has enjoyed a stable and modest home appreciation of 3-5% a year. We never had a value “bubble” that needed to deflate. The 2008 and 2009 market appreciation has hovered around 2.2% and is predicted to remain the same in 2010.* * Year-over-year percentage change in the Federal Housing Finance Agency all-transactions home price index as measured using 4th quarter values.

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BY THE NUMBERS

BUYER’S MARKET or SELLER’S MARKET? In real estate, a buyer’s market or seller’s market is determined by the relationship between supply (number of homes for sale) and demand (number of homes sold last month). This relationship is called the “Month’s Supply of Inventory” and is calculated by dividing the total inventory by the number of homes sold.

NEW AND EXISTING HOMES PRICE RANGE $29,999 OR UNDER $30,000 - $39,999 $40,000 - $49,999 $50,000 - $59,999 $60,000 - $69,999 $70,000 - $79,999 $80,000 - $89,999 $90,000 - $99,999 $100,000 - $119,999 $120,000 - $139,999 $140,000 - $159,999 $160,000 - $179,999 $180,000 - $199,999 $200,000 - $249,999 $250,000 - $299,999 $300,000 - $399,999 $400,000 - $499,999 $500,000 OR OVER Market Total

Aug Sept Oct Nov Dec 2.0 1.8 2.6 2.3 2.0 5.0 3.9 2.9 6.5 7.0 5.4 5.8 5.6 5.8 5.9 7.1 6.6 6.8 8.7 6.8 5.9 5.1 4.7 4.4 5.5 5.2 4.4 4.3 4.3 6.2 3.5 3.3 3.2 3.2 5.3 3.9 4.0 3.2 3.3 8.4 3.0 3.5 2.8 2.6 3.9 2.9 3.5 2.9 3.2 6.2 4.0 5.2 4.2 5.0 6.7 4.1 5.2 4.3 4.2 8.1 4.9 4.9 6.5 7.2 8.7 5.3 8.1 6.9 9.0 6.1 5.1 11.1 10.2 6.8 13.4 10.2 11.8 12.7 11.2 20.0 11.6 16.2 8.0 7.4 9.5 44.8 16.0 104.0 42.1 53.6

Jan Feb Mar 5.1 3.3 2.4 4.1 4.6 3.8 7.4 6.6 5.6 11.9 9.6 9.2 14.8 8.3 9.3 14.2 12.2 6.8 10.1 7.9 4.0 9.7 6.5 4.3 6.3 4.1 4.0 9.7 7.8 4.5 10.3 9.3 8.0 11.4 10.3 6.3 18.3 15.9 9.0 11.2 10.7 10.1 19.4 11.4 9.8 15.5 13.7 6.8 28.7 86.0 10.0 31.0 14.9 34.0

New and Existing Sales Existing Homes Single Family Month's HOMES Average Supply HOMES FOR Days on % of APRIL SOLD SALE Market Sales 2.2 54 83.4 6.2% 118 4.5 25 102.7 2.9% 112 4.5 33 38.4 3.8% 148 5.1 37 69.2 4.2% 190 6.5 41 55.1 4.7% 266 4.0 53 73.6 6.1% 212 2.8 58 75.6 6.7% 164 3.4 46 41.6 5.3% 155 2.9 83 67.2 9.5% 240 2.9 143 61.8 16.4% 415 4.3 80 50.3 9.2% 341 5.9 46 61.7 5.3% 270 4.0 50 86.5 5.7% 198 6.3 51 104.7 5.8% 323 9.8 26 104.3 3.0% 254 9.9 22 135.4 2.5% 217 8.8 11 87.5 1.3% 97 11.2 13 133.6 1.5% 146 872 3,866

FROM THE DESK OF

Mike Grbic

veryday I get asked the question, “How’s the real estate market?” But to thoroughly answer this seemingly simple question, I begin by asking another question, “Which market?” Are you referring to the $200,000-$250,000 market in West Wichita, the downtown condo market, or the $100,000-$150,000 market in Derby? While the overall market may behave one way, these SUB-markets are each performing differently. The SUB-markets - The most noticeable market shift, in my opinion, is not categorized by location as much as by price range. Homes in higher price ranges aren’t experiencing near the buyer activity as the lower priced homes. The market for homes under $180,000 is still moving along nicely. Home sales above $180,000, and certainly above $200,000, showed the biggest slow down and definitely favors the buyer. Refer to the table above to see how the price range of your home may be affected by current market conditions. Some price ranges are experiencing strong buyers’ markets while Select

(CONTINUED FROM THE DESK OF MIKE GRBIC)

others are definitely more favorable to sellers. The price ranges between $100,000 and $160,000 make up 35.1% of the entire market, while only 8.3% of the market is buying homes over $250,000. The past year has seen a slow down in “move up” buyers and a marked increase in people wanting to “downsize” into something smaller. This more conservative mood is what has created the shift to the middle of the market, increasing demand for nice but more affordable homes and leaving some upper end homes to feel a lonely breeze. In a buyer’s market only the nicest, homes that create the greatest value to the buyer will sell. If you are priced properly, you won’t need to deeply discount the price of your home. Existing homes sold in April received 96.62% of their asking price. This means that on average, across all areas and price ranges, sellers were only dropping their asking prices in April by 3.38% during negotiation. Is now a good time to buy or sell? I hope this monthly market report has been helpful in answering that question for you. My job is to provide you the information necessary so that YOU can make an informed decision for you and your family. Low interest rates and reasonable home prices make it a very favorable time to buy. If you’re considering the sale of your home, we highly encourage an aggressive marketing approach, proper strategic pricing, and making all necessary improvements to your home’s presentation and make it rise above the competition. Homes ARE still selling. The combination of these three things will result in a successful sale. This is not the time however, to ‘test’ the market at inflated prices. For real estate advice on your particular home, and home sales data for your neighborhood, seek out the services of an experienced real estate professional. Mike Grbic, Mike Grbic Team Realtors, Associate Broker, Select Homes, a Realtor since 1994, has helped buyers and sellers in the Wichita area with thousands of successful home sales. Mike Grbic Team Realtors was ranked #1 Agent/ Team in Wichita by number of transactions 2005-2009. They were also ranked #32 in the US by the Wall Street Journal. Mike can be reached for questions at (316) 684-0000 or mike@mikegrbic.com. Fast, convenient home insurance at competitive rates. Knowledgeable local agents who understand the need for speed and quality service. Since 1927, customer satisfaction has been at the heart of American Family’s business philosophy. And it’s why so many real estate agents and mortgage professionals refer their clients to us.

All your protection under one roof Better Agent Service - On-time proof of insurance for closing - On-time dec delivery - Convenient weekend/evening hours - House calls available

Better Value - Competitive premiums - New home discount - Home and auto discount - Home security and fire protection discount - Claim-free discount

Dan Beat Agency, Inc. 251 S Hillside St Wichita, KS 67211 dbeat@amfam.com 316.721.5433

Acquaintances in business. Partners in Serving You. ARE YOU PREPARED?

Mike Grbic, Realtor

Dan Beat, Insurance Agent

East Wichita

31027 W Bergkamp $334,900 SQFT4,717 on 1 Acre 5 Bed 4 Bath 3 Car-Garage

250K-400K

Garden Plain

132 S Montbella $315,000 SQFT 3,421 on 1 Acre 5 Bed 3 Bath 3 Car-Garage

This beautiful home is a spacious ranch on a 1 acre lot. There is beautiful woodwork throughout and two fireplaces including a two-way fireplace in the basement. The master suite includes 2 sinks, a whirlpool tub, and 2 walk-in closets. The kitchen includes a full walk-in pantry, and there’s a main floor laundry with storage, a sink, and counter. Outside is a covered deck and a large mid-level walk out patio.

This amazing, executive level home, with a unique yet tasteful décor, offers an open floor plan, arched doorways and pillars, and a separate hearth room. The large kitchen has hardwood floors, eating space, eating bar, recessed lighting and pantry. There is both a mid level walk out AND a walk out basement, and it’s wired for surround sound! Outside includes a large wood deck and sprinkler system.

24 Hr. Rec. Info. Call 1-866-472-6673 ext. 186

24 Hr. Rec. Info. Call 1-866-474-5699 ext. 108 Mulvane

West Wichita

12313 W 34TH S Wichita $299,900 SQFT 2,836 on 1.01 Acres 4 bed 3.5 Bath 3 Car-Garage

1482 N Webb Rd $299,900 SQFT 2,851 on 2 Acres 3 Bed 3.5 Bath 4 Car-Garage

This beautiful home, within the Goddard school district, includes a main floor library/ office, vaulted ceilings, and amazing views. Downstairs includes a large family room, wet bar, and another office or computer room. The homeowner has gone through great lengths to upgrade this home with Knotty oak throughout, and trim work that will not be found in any other home. This estate is an absolute must see!

This amazing, sprawling estate includes arched doorways and pillars, a hearth room, and a large kitchen with hardwood floors. There’s a beautiful master suite and spa bath with a large walk in closet. This home has both a mid level walk out AND a walk out basement. The spacious family room downstairs includes a wet bar, and it’s wired for surround sound. Outside you’ll find a large wood deck and manicured lawn with a built in sprinkler system.

24 Hr. Rec. Info. Call 1-866-472-6673 ext. 182

24 Hr. Rec. Info. Call 1-866-472-6673 ext. 191

Select

To schedule a showing call 316-684-0000

Direct from The Parade of Homes

presents the rug of your dreams. THE SHOPS AT TALLGRASS

Just East of 21st and Rock Road Mon–Fri 10–5:30, Sat 10–5

682.0033 wichitarugs.com

Whether you have wall-to-wall carpeting, tile, or wood, you’ll find the perfect rug in our abundant showroom collections, or we will customize one for you. A full-service rug gallery, we offer the latest in design trends, custom rug options, in-home consultations, rug repair, and rug cleaning services.

321 Pine Meadow in Flint Hills National, furnishings by Diva Furniture

“Our reputation has been built by our expertise, integrity, and commitment to customer service.”

For a one-time premium, Security 1st agrees to reimburse you for loss due to defects existing prior to the issue date of your poilicy, up to the policy amount.

Our People Make the Difference!

Serving Butler, Cowley, Kingman, Reno, Sedgwick, and Sumner Counties

Security 1st Title

SQFT 3,889 City Lot

Custom built home with hardwood flooring, 2 fireplaces, high end appliances, hearth room, finished basement, security system, covered patio & wood deck.

4407 N Fritillary Cir $299,900

24 Hr. Rec. Info. Call 1-866-472-6673 ext. 173

Andover

5 Bed 3 Bath 3 Car-Gar.

SQFT 3,510 City Lot

Open floor plan, vaulted ceilings, neutral decor, hardwood floors, 2 fireplaces, large second story bonus room, sprinkler system, & oversized 3 car garage.

539 N Stonetree Place $279,900

24 Hr. Rec. Info. Call 1-866-472-6673 ext. 175

Derby

5 Bed 3.5 Bath 3 Car-Gar.

SQFT 1,617 on 8.8 Acres

Back patio, space in the garage for a car lift, an enormous out building with electricity, 3-stall barn wired & plumbed, private pond, & ready to finish basement.

3742 S 339Th St W $299,900

24 Hr. Rec. Info. Call 1-866-472-6673 ext. 187

South Wichita

1307 E Kay $259,900

24 Hr. Rec. Info. Call 1-866-472-6673 ext. 117

Maize

4 Bed 3 Bath 3 Car-Gar. SQFT 3,984 on 1 Acre

3840 N LILY CIR. $249,900

Custom built home with impressive engineered efficiencies, beautiful stone work, two fireplaces, vaulted beamed ceilings, newer roof, and guttering.

24 Hr. Rec. Info. Call 1-866-474-5699 ext. 123

Northeast Wichita 3 Bed 3 Bath 2 Car-Gar. SQFT 2,717 City Lot

4127 N Plum Tree $239,900

In this home find vaulted ceilings, beautiful woodwork, neutral dĂŠcor, large bedrooms, a finished walkout basement, patio area, two new decks, & hot tub.

24 Hr. Rec. Info. Call 1-866-474-5699 ext. 116

4 Bed 3 Bath 3 Car-Gar. SQFT 3,282 City Lot

Custom built home on lake lot, view out/ walk out basement, 2 fireplaces, library, exercise room, hearth room new roof, new paint, deck & separate patio.

6710 S Hydraulic $289,900

24 Hr. Rec. Info. Call 1-866-474-5699 ext. 124

Northeast Wichita

SQFT 3,130 City Lot

2 story home with formal dining room, hearth room, insulated basement walls, gorgeous back yard, creek like setting, awesome landscaping, & large wood deck.

3 Bed 2 Bath 4 Car-Gar.

200K-300K

Cheney

Northeast Wichita 4 Bed 3 Bath 3 Car-Gar.

5 Bed 3.5 Bath 2 Car-Gar. SQFT 3,247 City Lot

Completely updated executive home with all new stainless steel appliances, glass tile back splash, granite counter top, new paint, lighting, & hardwood floors.

4109 N Plum Tree $259,900

24 Hr. Rec. Info. Call 1-866-472-6673 ext. 151

Northwest Wichita 4 Bed 3 Bath 3 Car-Gar. SQFT 3,045 City Lot

10124 W Westlakes Ct $239,900

Lake lot, split bedroom plan, large kitchen, new carpet, fixtures, & blinds. A finished walk out basement. Covered deck, sprinkler system & an irrigation well.

24 Hr. Rec. Info. Call 1-866-472-6673 ext. 198

Andover 5 Bed 3 Bath 3 Car-Gar. SQFT 2,661 City Lot

710 W Gatewood Lane $235,000

This home has neutral dĂŠcor, open floor plan, vaulted ceilings, two way fireplace, finished basement, covered wood deck, patio, fenced yard, & sprinkler system.

24 Hr. Rec. Info. Call 1-866-472-6673 ext. 107

Select

To schedule a showing call 316-684-0000

175K-250K

Park City

2602 E Sunny Slope $227,519

This home has vaulted ceilings, Knotty Alder kitchen cabinets, & extensive wood craftsmanship throughout. Fully finished view-out basement.

24 Hr. Rec. Info. Call 1-866-474-5699 ext. 141

Park City

2614 E Burlington Ct $179,900

6404 W 34TH ST N $234,900

4 Bed 3 Bath 2 Car-Gar. SQFT 2,602 City Lot This home includes 2 gas log fireplaces, hickory cabinets in the kitchen, appliance package, & exceptional wood craftsmanship. Fully finished basement.

6602 N Upchurch $214,000

24 Hr. Rec. Info. Call 1-866-474-5699 ext. 139

2 Bed 2 Bath 2 Car-Gar. SQFT 1,446 City Lot Upgrades going throughout this beautiful home: range with hood, dishwasher, 2 gas fireplace, 9ft vaulted ceilings, covered wood deck and much more.

24 Hr. Rec. Info. Call 1-866-474-5699 ext. 140

Northwest Wichita

Park City

4 Bed 3 Bath 3 Car-Gar. SQFT 2,602 City Lot

6 Bed 3 Bath 3 Car-Gar. SQFT 2,962 City Lot This home features neutral décor, hardwood floors, hearth room, vaulted ceilings, full finished basement, sprinkler system, wood deck, & fenced yard.

24 Hr. Rec. Info. Call 1-866-472-6673 ext. 141

Park City’s Home Buyer’s Incentive: $3500 Towards closing cost or upgrades!

No HOA fees!

Jogging path, playground, lake/pond Close to shopping and entertainment Rose Hill

105 W PRIMROSE CT $229.900 24 Hr. Rec. Info. Call 1-866-474-5699 ext. 143

Pretty Prairie

Your home advertised here! Call us at

684-0000

5 Bed 3 Bath 3 Car-Gar. SQFT 3,068 City Lot This home includes vaulted ceilings, neutral décor throughout, open floor plan, hardwood floors, and a wood deck.

671 E WHEATRIDGE $225,000

5 Bed 3.5 Bath 2 Car-Gar. SQFT 2,750 City Lot This home features an open floor plan, neutral décor, arched entries, vaulted ceilings, coffered ceilings, spacious rooms, and all kitchen appliances included.

24 Hr. Rec. Info. Call 1-866-472-6673 ext. 177

Mount Hope

5700 W 279TH ST W. $224.900

4 Bed 3 Bath 4 Car-Gar. SQFT 2,338 City Lot This home has vaulted ceilings, new carpet, neutral décor, and all appliances. Full finished basement, Back patio, & 3 other outbuildings, all with power.

Select Homes Magazine is a monthly real estate magazine with an estimated readership of 30-40,000 people. For questions or comments about advertising or editorial comment, contact Leah Brasca at 684-0000 or Leah@mikegrbic.com.

24 Hr. Rec. Info. Call 1-866-472-6673 ext. 102 Select

To schedule a showing call 316-684-0000

8125 E OLD MILL CT $224,900

Northeast Wichita

5 Bed 3 Bath 3 Car-Gar SQFT 2,842 City Lot This home features, vaulted ceilings, neutral décor, & hardwood floors. Full finished view out basement w/fireplace & built-ins. Outside: patio & wood deck.

8006 E OLD MILL $219,900

24 Hr. Rec. Info. Call 1-866-472-6673 ext. 196

Northeast Wichita

3 Bed 2 Bath 3 Car-Gar. SQFT 1,462 City Lot This home features, vaulted ceilings, hardwood floors,& neutral decor. Formal dining room w/ bay windows. Can be purchased with out finished basement: $174,900.

8161 E OLD MILL Ct $199,900

24 Hr. Rec. Info. Call 1-866-472-6673 ext.145

Sawmill Creek 45th and Rock Jogging Path for Exercise Swimming Pool

Lake/Pond Playground

24 Hr. Rec. Info. Call 1-866-472-6673 ext. 121

Haysville

538 N CALEB $224,900

5 Bed 3 Bath 3 Car-Gar. SQFT 2,961 City Lot This home features vaulted ceilings, recessed lighting, gas burning fireplace, finished basement, deck, patio, sprinkler system, irrigation well & security lights.

24 Hr. Rec. Info. Call 1-866-472-6673 ext.116

Halstead

220 W 3rd $215,000

5 Bed 5 Bath 1 Car-Gar. SQFT 3,659 City Lot This home was formally ar bed and breakfast. Gorgeous woodwork throughout, two gas burning fireplaces, sun room & all bedrooms have private baths.

24 Hr. Rec. Info. Call 1-866-474-5699 ext. 118

3 Bed 2 Bath 3 Car-Gar. SQFT 3,178 City Lot This home features vaulted ceilings, hardwood floors, & neutral decor. Masterbath has french doors & tube w/ stone front. Yard w/deck & sprinkler system.

175K-250K

Northeast Wichita

Mulvane

927 N Cedar Brook Cir. $219,900

5 Bed 3 Bath 3 Car-Gar. SQFT 2,748 City Lot This home has unique architectural details, formal dining room, open kitchen area & master suite with deep soaker tub. Also a full finished basement.

24 Hr. Rec. Info. Call 1-866-474-5699 ext. 101

Derby

1203 S Arbor Meadows $214,900

4 Bed 3 Bath 3 Car-Gar. SQFT 2,517 City Lot This home has vaulted ceilings, open split floor plan, & neutral decor throughout, Mid-level walkout basement, deck and separate patio area.

24 Hr. Rec. Info. Call 1-866-472-6673 ext. 101

VE IT OR LEAVE IT

GUARANTEE

BUY A HOME FROM US AND IF YOU DON’T LOVE IT GIVE IT BACK! WE WILL SELL IT FOR YOU FOR FREE! CALL 316.684.0000 FOR DETAILS Select

To schedule a showing call 316-684-0000

Use Your IRA To Invest In Real Estate by Tom Lundstedt, CCIM tomlundstedt.com

A short, middle-aged woman wearing red glasses came up to me after one of my real estate seminars. She seemed shy and hesitant, but she’d listened intently and taken lots of notes during the class. She told me her name was Norma and proceeded to ask me several good questions about real estate investing. She happened to mention she had $200,000 in her retirement account. When I congratulated her she said, “Don’t’ be impressed. I had $300,000 a few years ago!” Her retirement account, like many others, has suffered as a result of investment choices. Norma went on to tell me she wished she had bought real estate instead of ‘investing in an IRA.” She was amazed when I told her she could have her cake and eat it too --- or rather, have her IRA and real estate too! Let me explain. First and foremost: A retirement account (traditional IRA, Roth IRA, SIMPLE IRA, SEP, Keogh, 401k, etc.) is not an investment! It’s simply a special account that holds your investments. It can hold many types of investments, such as mutual funds, stocks, bonds, and .... drum roll, please: real estate. Picture a truck with the words “MY RETIREMENT ACCOUNT” painted on the doors. In the back of the truck, you load whichever allowable investments you choose. As you picture this, ask yourself, “Is my retirement truck on the way to becoming a big, heavy-duty monster truck or will I end up with a little, wimpy mini pickup?” When I told Norma her retirement account could own real estate she said, “But I asked the company that administers my account if my IRA could own real estate, and they said ‘no.” Whoa! Instead of merely saying “no,” the person she talked with should have added three important words: “not with us.” The problem is that most companies that hold retirement accounts aren’t geared up to handle real estate. Therefore, they have no incentive to inform their customers that real estate is an alternative investment choice. That’s the main reason for the misconception that real estate can’t be held in a retirement account. Let’s get this straight: retirement accounts can own real estate. In a minute, we’ll get to the basic ins and outs of real estate IRAs. But, first, some advice: This article is designed to be a launching pad for readers to begin their exploration of real estate IRAs. It’s a complicated subject and everyone’s situation is unique, so be sure to talk with your competent advisors before you take any action. OK, here we go. First, establish a self-directed retirement account with a company/custodian that specializes in real estate IRAs. This is a relatively easy process and can be done by either establishing

a new account or rolling over the assets of an existing account. (Be sure there are no surrender charges for rolling over an existing account.) Once you’re the proud owner of a self-directed IRA with a custodian that can handle real estate, what’s next? There are specific rules as tow hat you can and cannot do with your real estate IRA. Some things you CAN do: 1. Your real estate IRA can buy and sell many types of real estate including raw land, rental properties, condos, fixer-uppers, commercial properties, lake shore, etc. Keep in mind it’s the self-directed real estate IRA that buys, owns and sells the property. Not you personally. You don’t withdraw the money from the IRA to buy the property --- the custodian buys the property in the name of your self-directed real estate IRA. 2. The property can be rented but the rental income is paid into your IRA, not to you. 3. All the expenses of renting and operating the property must flow in and out of yourself-directed real estate IRA. 4. It is possible to finance a property that is owned by your IRA. But the financing must be “non-recourse.” That means the property, not the IRA account, is the sold security for the loan. Most traditional lenders won’t provide non-recourse financing. However, seller financing or private loans are possibilities. Let me emphasize again: get good professional advice before taking any action. 5. Your real estate IRA can buy a partial interest in a property. It could be a partner and own a fractional interest. Some things you CANNOT do: 1. Your real estate IRA cannot buy a property that you, your spouse, or certain family members already won. Likewise, your real estate IRA cannot sell a property it owns to you, your spouse or certain family members. 2. You, your spouse or certain family members cannot have any persona use of the property owned by your real estate IRA. 3. Your IRA cannot lease the property to your business. Your business cannot use or occupy any part of the property. Is a Real Estate IRA Right for You? So, now you know you can use your retirement account to buy real estate. But the bigger issue is should you use your retirement account to buy real estate? The answer is, it depends on the type of real estate and your unique situation. You already know your real estate IRA cannot own property that is used by you, certain family members or your business. Therefore, primary residences, second homes and vacation homes are not candidates. In addition, a rental property that produces tax shelter from depreciation deductions would probably not be a good fit because

the tax shelter would go to waste in your retirement account. Other types of real estate, such as raw land, fixer-uppers, and non-leveraged rental properties, are perfect candidates. The profit from these investments would be taxed if you owned the property personally. However, if you real estate IRA buys, owns and sells the property, the profit would compound in your IRA tax-deffered (or tax-free if it’s a Roth IRA)

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Last But Not Least 1. Before your IRA buys any property, you’ve go to understand how real estate works. There’s a lot to it. Make a commitment to learn how to analyze a property before you buy it, including operating expenses and management consideration. Study the financial benefits such as cash flow, depreciation and appreciation. Learn how to determine cap rates, cash on cash and other rates of return. And so on. The more you know, the better your chance of success. 2. Remember that real estate IRAs are a specialty and not every retirement account administrator/custodian is geared up to handle them. In the “Resources” box I’ve included several real estate IRA custodian (as well as some other resources) to get you started. Bear in mind, there are other custodians and you need to find one that’s right for you. Check out their web sites of call them.

920-922 & 926-928 S. Armour

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3. If you’re in the real estate profession, I hope you can see the huge potentially of real estate IRAs. Think of the millions of dollars that are sitting in the retirement accounts of your potential clients. Get out there and help them take advantage of a great opportunity! And finally, if the choices you’ve made so far for your retirement account aren’t taking you where you want to go, find a new vehicle. Real estate opportunities are everywhere for those savvy enough to recognize them and motivated enough to take action. Whatever happened to Norma? Sometimes I wonder if anyone ever acts on the information they receive in my seminars. I can only hope. But if I let my imagination run wild...It’s 20 years from now and I’m driving down the interstate when a huge, shining, beautiful 18-wheeler semi truck pulls along side me. The driver gives a friendly toot on the air horn, waves and smiles. I can’t believe my eyes --- it’s a little old lady wearing bright red glasses, and as the truck passes I see huge lettering running from front to back: “NORMA’S REAL ESTATE IRA!” What a country! Former Major League Baseball player, Tom Lundstedt, is known as the funniest investment and tax guy in America. His powerful real estate seminars have entertained and enlightened more than 2,500 audiences from sea to shining sea. For information about his seminars or audio products please call 1-800508-4433. Visit Tom on the web today at tomlundstedt.com! Select Copyright © Tom Lundstedt Seminars

A VERY well maintained, two bedroom duplex, property owned by current owner for over 50 years! Well maintained property. Great tenants, who do not want to move. Always rented with a 0% vacancy rate and $610 monthly income.

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Derby

401 N Valley Stream Drive $199,900

Rose Hill

3 Bed 3 Bath 3 Car-Gar. SQFT 2,603 City Lot Vaulted ceilings, all kitchen appliances, master suite, full finished basement with wet bar. Outside: covered deck, privacy fence & sprinkler system.

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Benton

1437 NW Tawakoni $189,900

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Northeast Wichita

4 Bed 3.5 Bath 2 Car-Gar. SQFT 3,417 City Lot This home includes vaulted ceilings, wood fireplace, and finished basement. Outside: deck, patio, basketball court, & sprinkler system.

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Northeast Wichita

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316 Cedar Crest $200,000

4 Bed 3.5 Bath 2 Car-Gar. SQFT 2,893 City Lot Includes vaulted ceilings & skylights. New: roof, siding, paint, light fixtures, hardwood floors, counter tops, & tile floor. Finished basement.

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East Wichita

4 Bed 3 Bath 3 Car-Gar. SQFT 2,676 City Lot

2526 N Eagle $175,000

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12651 SW 93rd. Terrace $169,900

4 Bed 2 Bath 2 Car-Gar. SQFT 2,420 City Lot Updated home includes fresh paint, new light fixtures, breakfast nook, and formal dining room. Finished basement. Large detached barn

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Northwest Wichita

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Clearwater

3 Bed 3 Bath 2 Car-Gar. SQFT 2,568 City Lot This home has fresh interior paint, some new carpet, vaulted ceilings, & fireplace. Backyard: large deck w/beautiful view of the lake.

409 S Clear Creek $149,000

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Rose Hill

405 E Oakwood $179,900

4 Bed 3 Bath 2 Car-Gar. SQFT 2,171 City Lot This home has vaulted ceilings, open floor plan, & neutral dĂŠcor throughout. Home sits on a finished basement Outside is a deck & fenced yard.

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4 Bed 3.5 Bath 2 Car-Gar. SQFT 2,486 City Lot This home has a new roof, new siding, new carpet , new paint. & new lighting fixtures. Spacious back yard w/ in ground pool, pool house, gazebo, & wood deck

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Park City

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2111 W 18Th St N $162,500

Southeast Wichita

100K-200K

Andover

2555 E Burlington $150,000

4 Bed 3 Bath 2 Car-Gar. SQFT 2,010 City Lot Home features vaulted ceilings, natural light, double mirrored closets & finished basement. Outside: deck, fenced yard, security & sprinkler system.

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Southeast Wichita

10329 E Osie Cir $149,900

4 Bed 2.5 Bath 2 Car-Gar. SQFT 2,292 City Lot This home has new carpet & flooring, new paint inside & out, granite counter tops, & a view out basement. Privacy fence with the largest wood deck in town!

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East Wichita

709 S Chateau Cir $139,900

4 Bed 3 Bath 2 Car-Gar. SQFT 2,220 City Lot This home has vaulted ceilings, gas fireplace, & built in shelves. Sits on a finished basement. Outside: privacy fence, sprinkler system, wood deck & patio

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100K-150K

West Wichita

This home has vaulted ceilings, wood burning fireplace with brick surround, finished basement, & outside: deck, fenced yard & sprinkler system.

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Derby

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Northwest Wichita

3237 N Shelton $134,900

3 Bed 2 Bath 2 Car-Gar. SQFT 2,101 City Lot This home features a completely remodeled kitchen, separate studio, and outside a sprinkler system and irrigation well.

24 Hr. Rec. Info. Call 1-866-472-6673 ext. 122

4 Bed 2.5 Bath 2 Car-Gar. SQFT 2,474 City Lot New carpet, new paint, wood burning fireplace with stone surround, & built in bookshelves. Back patio, privacy fence, new roof, new heating & air.

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West Wichita

4 Bed 2 Bath 2 Car-Gar. SQFT 1,852 City Lot Tri-level home with high ceilings, large windows, & wood burning fire place, and outside a deck.

10803 W Shade $139,400

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West Wichita

4 Bed 2 Bath 2 Car-Gar. SQFT 1,948 City Lot The kitchen features a breakfast nook, eating bar, wood laminate floors and tile back splash. Finished view out basement and outside patio.

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6811 W Sheriac Ct $139,900

3 Bed 2.5 Bath 2 Car-Gar. SQFT 2,914 on 1 Acre Fully insulated music room and a solarium. Walkout basement offers a cozy with wood burning fireplace Also a covered patio & balcony.

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West Wichita

3 Bed 2 Bath 2 Car-Gar. SQFT 1,640 City Lot

4 Bed 3 Bath 2 Car-Gar. SQFT 2,084 City Lot New carpet, new vinyl flooring, and new paint. Finished basement with second kitchen. Great purchase for that growing family.

10402 W May $134,900

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West Wichita

2206 S Milstead $132,500

3 Bed 2 Bath 2 Car-Ga. SQFT 1,232 City Lot Well maintained home with neutral dĂŠcor, open floor plan, & vaulted ceilings. Kitchen has eating bar, tile back splash, formal dining room & outside, a deck.

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Keep Your Home Sale From Falling Apart Finding a buyer for your home is just the first step on the homeselling path. Tread carefully in the weeks ahead because if you make one of these common seller mistakes, your deal may not close. MISTAKE #1: IGNORE CONTINGENCIES If your contract requires you to do something before the sale, do it. If the buyers make the sale contingent on certain repairs, don’t do cheap patch-jobs and expect the buyers not to notice the fixes weren’t done properly. MISTAKE #2: DON’T BOTHER TO FIX THINGS THAT BREAK The last thing any seller needs is for the buyers to notice on the pre-closing walk-through that the home isn’t in the same conditions as when they made their offer. When things fall apart in a home about to be purchased, sellers must make the repairs. If the furnace fails, get a professional to fix it, and inform the buyers that the work was done. When you fail to maintain the home, the buyers may lose confidence in your integrity and the condition of the home and back out of the sale.

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MISTAKE #3: GET LAX ABOUT DEADLINES Treat deadlines as sacrosanct. If you have three days to accept or reject the home inspection, make your decision within three days. If you’re selling, move out a few days early so you can turn over the keys at closing. MISTAKE #4: REFUSE TO NEGOTIATE ANY FURTHER Once you’ve negotiated a price, it’s natural to calculate how much you’ll walk away with from the closing table. However, problems uncovered during inspections will have to be fixed. The appraisal may come in at a price below what the buyers offered to pay. Be prepared to negotiate with the buyers over these bottom-lineinfluencing issues. MISTAKE #5: HIDE LIENS FROM BUYERS Did you neglect to mention that Uncle Sam has placed a tax lien on your home or you owe six months of homeowners association fees? The title search is going to turn up any liens filed on y our house. To sell your house, you have to pay off the lien (or get the borrower to agree to pay it off). If you can do that with the sales proceeds, great. If not, the sale isn’t going to close. G.M. Filisko is an attorney and award-winning writer who wanted a successful closing on a Wisconsin property so bad that she probably made her agent rethink going into real estate. A frequent contributor to many national publications including Bankrate.com, REALTOR® Magazine, and the American Bar Association Journal, she specializes in real estate, business, personal finance, and legal topics.

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Bel Aire

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3 Bed 3 Bath 1 Car-Gar. SQFT 1,565 City Lot Brand new carpet, new paint, fridge, washer, & dryer included. Outside is a wood deck overlooking the pool.

4 Bed 3 Bath 2 Car-Gar. SQFT 1,650 City Lot

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Andover

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Colwich

637 N. Union Park Circle $124,900

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Newton

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3 Bed 3 Bath 2 Car-Gar. SQFT 1,802 City Lot Neutral decor , open floor plan, vaulted ceilings, & fireplace. Outside: sprinkler system, irrigation well, & insulated finished garage.

5 Bed 2 Bath 2 Car-Gar. SQFT 2,628 City Lot Updated home next to the park, new paint, neutral décor, safe room, 2 fireplaces, covered patio, fenced yard.

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3 Bed 2 Bath 1 Car-Gar. SQFT 1,896 City Lot New carpet, new paint, built in microwave, wood laminate floors, &finished basement. Outside: fenced yard w/ patio, irrigation well & storage shed.

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4 Bed 3 Bath 2 Car-Gar. SQFT 2,036 City Lot

509 W. Chicago $120,000

4 Bed 2 Bath SQFT 2,544 City Lot Decorative fireplace. Formal dining room w/ hardwood floors, library, covered porch, white picket fence, large yard, outbuilding, irrigation pump & well.

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7 Tips For A Profitable Home Closing When you’re ready to close on the sale of your home and move to your new home, you may be so close to the finish line that you coast, thinking there’s nothing left for you to do. Not so fast. It’s easy to waste a few dollars here, and for mistakes to creep into your closing documents there, all adding up to a bundle of lost profit. Spot money-losing problems with these seven tips.

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1. Take Services Out Of Your Name

Avoid a dispute with the buyers after closing over things like fees for the cable service you forgot to discontinue. Contact every utility and service provider to end or transfer service to your new address as of the closing date. If you’re on automatic-fill, schedule for heating oil or propane. Don’t pay for a pre-closing refill that provides free fuel for the new owner. Contact your insurer to terminate coverage on your old home, get coverage on your new home, and ask whether you’re entitled to a refund of prepaid premium.

2. Spread The Work On Your Change Of Address

Provide the post office with your forwarding address two to four weeks before the closing. Also notify credit card companies, publication subscription departments, friends and family, and your financial institutions of your new address.

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3. Manage The Movers

Scrutinize your moving company’s estimate. If you’re making a longdistance move, which is often billed according to weight, to the weight of your property and watch so the movers don’t use excessive padding to boost the weight. Also check with your homeowners insurer about coverage for your move. Usually movers cover only what they pack.

4. Do The Settlement Math

Title company employees are only human, so they can make mistakes. The day before your closing, check the math on your HUD-1 Settlement Statement.

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5. Review Charges On Your Settlement Statement

Are all mortgages being paid off, and are the payoff amounts correct? If your real estate agent promised you extras -- such as a discounted commission or a home warranty policy -- make sure that’s included. Also check whether your real estate agent or title company added frees that weren’t disclosed earlier. If any party suggests leaving items off the settlement statement, consult a lawyer about wither that might expose you to legal risk.

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6. Search For Missing Credits

Be sure the settlement company properly credited you for prepaid expenses, such as property taxes and homeowners association fees, if applicable. If you’ve prepaid taxes for the year, you’re entitled to a credit for the time you no longer own the home. Have you been credited for heating oil or propane left in the tank?

7. Don’t Leave Money In Escrow

End your home sale closing with nothing unresolved. Make sure the title company releases money already held in escrow for you, and avoid leaving sales proceeds in a new escrow to be dickered over later.

G.M. Filisko is an attorney and award-winning writer who has survived several closings. a frequent contributor to many national publication including Bankrate.com, REALTOR® Magazine, and the American Bar Association Journal, she specializes in real estate, business, personal finance, and legal topics.

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100K-150K

East Wichita

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242 N. Glendale $119,900

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West Wichita

Derby

2 Bed 1 Bath 2 Car-Gar. SQFT 1,464 City Lot

Updated home with many brand new features & full finished basement. Outside: privacy fence, patio, & wood deck.

1735 E Pinion $115,000

24 Hr. Rec. Info. Call 1-866-472-6673 ext. 128

East Wichita

3 Bed 2 Bath 2 Car-Gar. SQFT 1,034 City Lot

Many brand new features, full basement, large patio area that stretches the entire length of the home.

2026 S Golden Hills $115,000

3 Bed 2 Bath 1 Car-Gar. SQFT 1,730 City Lot

Beautiful home includes formal dining room, finished basement, fenced yard and patio. 628 S Chautauqua $115,000

24 Hr. Rec. Info. Call 1-866-472-5699 ext. 129

West Wichita

2 Bed 2 Bath 2 Car-Gar. SQFT 1,456 City Lot

24 Hr. Rec. Info. Call 1-866-472-5699 ext. 138

Southeast Wichita

Very well maintained home large back yard with patio, privacy fence, and storage building. 5102 W Memory Lane $114,900

Southeast Wichita

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Augusta

3 Bed 1.5 Bath 1 Car-Gar. SQFT 1,673 City Lot

Well maintained with many extras, full basement, backyard with wood deck and fence. 1014 S Capri $109,900

9471 SW River Valley Rd. $109,900

24 Hr. Rec. Info. Call 1-866-472-6673 ext. 144

Viola

24 Hr. Rec. Info. Call 1-866-472-6673 ext. 163

3 Bed 1 Bath 2 Car-Gar. SQFT 1,189 1 Acre

Everything in this house is new from floor to ceiling! Outside: patio, covered breezeway, outdoor grill & fireplace.

24 Hr. Rec. Info. Call 1-866-472-6673 ext. 153

West Wichita

3 Bed 2 Bath Carport SQFT 1,622 4.27 Acres

Home is set up for horses, cattle, chickens, & dog runs! New siding, paint, & large master bath. Sits on unfinished basement.

3 Bed 2 Bath 2 Car-Gar. SQFT 1,786 City Lot

Full brick exterior, updated kitchen Outside there is a covered patio, privacy fenced yard and 2 storage sheds.

2302 S Fountain $110,000

24 Hr. Rec. Info. Call 1-866-472-6673 ext. 154

17100 W 55th St. S. $109,000

4 Bed 3 Bath 2 Car-Gar. SQFT 2,040 City Lot

10937 W Lotus $100,000

2 Bed 2 Bath 1 Car-Gar. SQFT 1,792 City Lot

Well maintained, like new home: open floor plan, vaulted ceilings, wood laminate floors, french doors, finished basement.

24 Hr. Rec. Info. Call 1-866-472-6673 ext. 104

FLEXIBLE COMMISSIONS! CANCEL ANYTIME! SELL IT YOURSELF WHILE LISTED AND PAY NOTHING MAXIMUM MARKETING GUARANTEE OR WE WILL SELL IT FOR FREE ! ALL THE THINGS YOU WANT, NOTHING YOU DON'T WWW.WORRYFREELISTING.COM 316-684-0000

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Nationwide Moving Quick, Efficient, Safe Affordable Moves Family Owned We Do Over 4,000 Moves a Year 70% of Our Business Is From Repeat Customers Friendly, Informative Office Staff That Is Happy To Answer All Of Your Questions Drug-Free Work Place All Movers Are Our Employees Uniformed, Polite, Professional and Careful Movers

(316)616-6683 (M

ing t a r b s! Cele Year

1996-2009

LICENSED AND INSURED USDOT#1055782 MC#159862 ICC#500204

50K-100K

Southwest Wichita

East Wichita

3209 S. Gow $100,000 1-866-474-5699 ext. 105 3 Bed 1.5 Bath home with 2 Car-Garage. Hardwood floors, new windows, new carpet in basement, Fenced yard, covered patio, heated & insulated garage. Has 1,632 ft. of living space located in Southwest Wichita.

East Wichita

3236 E. 1st St. N $89,900 1-866-472-6673 ext. 156

2 Bed 1 Bath home with 1 Car-Garage. New paint, carpet, & lighting. Updated kitchen cabinets, huge walk-in closet & built in linen closet. Newer electrical and plumbing.

Southwest Wichita

4 Bed 1 Bath home with new cabinets, tile floors, counter tops, pantry, & breakfast nook, new carpet. Fresh paint, & neutral décor. Master suite with walk in closet. Wood deck & fenced yard with 1 Car-Garage.

West Wichita

3332 S. Downtain $77,900 1-866-472-6673 ext. 161

West Wichita

Perfect home for first time home buyer. 3 Bed 1 Bath with formal living room and over 1,300 sq. ft. Hardwood floors under carpet, kitchen comes with appliances. Home also has 1Car-Garage.

Bentley

143 N. Dacey $75,000 1-866-472-6673 ext. 130

1717 S. Cypress #414 $67,900

ThankYou!

South Wichita

2037 S. Palisade $74,900 1-866-472-6673 ext. 185 2 Bed 2 Bath with 1,039 sq. ft. Refinished hardwood floors, new carpet, fresh interior & exterior paint. Remodeled kitchen, remodeled main floor bathroom & new full bath in basement. Home also has 1 Car-Garage.

East Wichita

1213 N. Glendale $65,000 1-866-472-6673 ext. 155 3 Bed 1 Bath home with fresh paint, new light fixtures, hardwood floors. Kitchen has new cabinets & new counter tops. Privacy fenced yard, large patio as well as two storage sheds and a 1Car-Garage.

2 Bed 2 Bath condo with open floor plan, fire place, lawn care and exterior maintenance all taken care of. Basement has family room and there is an abundance of space with almost 1,200 sq. ft.

140 N. Athenian $77,000 1-866-472-6673 ext. 157 3 Bed 1.5 Bath home with original hardwood floors, formal dining room, and 1,456 sq. ft. of living space. Newer roof, vinyl siding, wood privacy fence, patio, play set, storage shed as well as 2 Car-oversized garage

3 Bed 1 Bath home with new paint throughout, privacy fenced yard, patio, irrigation well & shed. Hot tub included with purchase of home.

Southeast Wichita

1937 S. Ida $79,900 1-866-472-6673 ext. 118 4 Bed 2 Bath home with over 1,500 sq. ft. Neutral décor ,new carpet & paint. New roof and guttering. Large fenced backyard perfect for kids play area or animals!

2 Bed 1.5 Bath condo with new windows, new door, and neutral décor throughout. Tile back splash in kitchen, maintenance free vinyl flooring & added cabinets. Has 1CarGarage.

Southwest Wichita

807 S. Elizabeth $84,900 1-866-472-6673 ext. 140 3 Bed 2 Bath home with 4Car-Garage. Fresh paint and, newer carpet in this spacious brick home. Garage perfect for car enthusiast or for workshop.

Southeast Wichita

3536 W. 2nd # 204 $80,000

525 S BELMONT $94,900 1-866-474-5699 ext. 119

We want to thank all of our friends and clients for making us the #1 Team in Wichita & #32 in the nation. It could not have happened without you.

To schedule a showing call 316-684-0000

316.684.0000 WWW.MIKEGRBIC.COM Select

Haysville

1928 S. Water $64,900 1-866-474-5699 ext. 136 899 sq. ft. home with 2 Bed and 1 Bath. Fresh paint, new wood laminate flooring, carpeting and light fixtures. New kitchen to include cabinets, flooring, & all new appliances. Home also has new roof & siding.

West Wichita

526 N. Richmond $64,900 1-866-474-5699 ext. 122

2 Bed 1 Bath home with 700 sq. ft. New roof, new siding, new Pella windows and A/C. New wood laminate flooring, new carpeting, and a remodeled bathroom. Home comes fully applianced and has a 1Car-Garage

Southeast Wichita

West Wichita

822 S. Christine $60,000 1-866-474-5699 ext. 145

East Wichita

843 N. Terrace $59,900 1-866-472-6673 ext. 135

East Wichita

931 S. Vassar $55,000 1-866-474-5699 ext. 131 3 Bed 1 Bath home with just over 1,000 sq. ft. of living space. Perfect for first time home buyer! Neutral dĂŠcor, hardwood floors, large privacy fenced yard, & storage shed!

Southeast Wichita

827 S. Broadview $39,900 1-866-474-5699 ext. 142

509 S. Erie $57,000 1-866-472-6673 ext. 199 1,008 sq. ft. 2 Bed, 1 Bath home with neutral paint & carpet throughout, high ceilings & large bedrooms. Huge backyard and 1 Car Garage. Perfect for investors or first time home buyer.

New wood laminate flooring, in this 880 sq. ft. 3 Bed, 1 Bath home. Fresh paint throughout, updated bathroom , fireplace, and vaulted ceilings.

Southeast Wichita

452 N. Dodge $60,000 1-866-472-6673 ext. 137 Fresh exterior & interior paint in this 2 Bed 1 Bath home. Fully remodeled kitchen with new countertops, new ceramic tile floors, new cabinets, new fixtures, new sink & pantry. Home also has a 1 Car-Garage.

Fantastic investment opportunity. 4 Bed 2 Bath 1 Car-Garage with over 1,100 sq. ft. Built in shelving & plenty of natural light. Large fenced yard & deck.

East Wichita

2855 S. Pattie $64,900 1-866-472-6673 ext. 189 907 sq. ft. in this 2 Bed 1 Bath 1 Car-Garage. New carpet, completely remodeled kitchen to include all appliances, storage shed & fenced yard.

1,360 ft. 2 Bed 1.5 Bath 2 story condo with neutral dĂŠcor throughout & newer carpet. All appliances stay including and washer and dryer. Home on quiet cul-de-sac.

East Wichita

224 S. Lamar $64,900 1-866-474-5699 ext. 103

-100K

South Wichita

5003 E. Murdock $49,900 Great Investment opportunity with tenant paying $600.00/month. Tenant pays all expenses except trash. Would also make great home for first time buyer with 3 Bed 1.5 Bath 1,265 sq. ft. and 2 Car-Garage.

South Wichita

3 Bed 1 Bath and 1,052 sq. ft. Newer carpet, neutral paint. No repairs needed here! Move in ready! All appliances stay for your convenience

110 W. Indianapolis $34,900 1-866-474-5699 ext. 134 2 Bed 1 Bath very well maintained home with 942 sq. ft. Includes a large covered front porch and storage area. Great for a first time home buyer or investor.

SEARCH 4000+ WICHITA HOMES ALL PICTURES. ALL INFO. NO HASSLES.

WWW.MIKEGRBIC.COM

316.684.0000

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To schedule a showing call 316-684-0000

Home Inspectors Checklist

THE HOME INSPECTION Why you should MUST get one!

The Money Pit—it’s a movie in which a couple falls in love with their dream home, buys it, and then experiences almost every possible problem. One of the funniest scenes is when the main character falls through a hole in the floor that was covered over by a rug. Of course, this is a complete exaggeration, meant for entertainment; however, it is also an aid in helping us to understand the seriousness of what can actually go wrong if you DON’T get a home inspection. Let’s face it, most of us, when buying a home, are not professionals in identifying potential problem areas. What could happen due to that?

• If there’s been hail damage to the roof, and you didn’t know this, at some point, you might have to get a new roof, at YOUR expense. • The heating or cooling system could have a problem, causing a need to invest in repairs or having higher utility costs as a homeowner. • -You could be buying a home that is a hotspot for moisture and mildew, quickening deterioration of the walls and overall structure. This could affect your health, as well as your pocketbook.

You are in the process of making a very large investment, maybe the largest investment you’ll ever make. For just a small investment now, you may save substantial money in the future. A home inspection will run between $250 - $400 depending on the size of the home and some other factors. NOT getting a home inspection, could, in the long run, cost you thousands of dollars. Can you really afford NOT to have a professional home inspector survey the premises for the integrity of the internal & external components of the dwelling?

A home inspection is one of the only protections a home buyer has!

ROOF Has there been hail damage, wind damage, or some other issue? Structural Home inspectors are not structural engineers but can identify visual defects in the areas requiring immediate repairs. Electrical Do all the outlets work? Does the house use fuses or is there a breaker box? Are there any visible signs of fraying on the wiring? HVAC Does the furnace have a cracked heat exchanger, or some other issue? Plumbing Are there any leaks or annoying drips? Are all the fixtures working properly? Built-in Appliances Are they functioning properly? Safety Hazards Home Inspectors are not environmental specialists, however they can identify many safety hazards or dangerous conditions. Miscellaneous Other items to ask your home inspector about: septic systems, drainage problems, wood decks, patios or other exterior structures. Other inspections available Termite, Mold, Radon and Lead-Paint inspections are also available by many home inspectors.

Questions to Ask When Interviewing a Home Inspector 1. 2. 3. 4. 5. 6.

Are you registered with the state office? How long have you been performing home inspections? Are you a member of ASHI? If not, why? Are you insured? Have you ever been sued? What does your inspection cover? What does it not cover? How long is it? 7. What other things to you test/inspect for? (radon, lead based paint, mold, …etc) 8. Do you re-inspect property? 9. Do you offer any warranty? 10. Describe your report for me. What can I expect from your inspection and report? 11. What special training or background do you have that you feel enhances your inspection ability? (e.g. heat/ac back ground, engineering, electrical or plumbing) 12. References? 13. Can you complete this inspection within the time frame of my contract?

Mike Grbic is President of Mike Grbic Team Realtors, Select Homes. He was ranked #32 in the US by the Wall Street Journal. Check out www.Mikegrbic.com or contact Mike or any of his team at 684-0000.

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¹team

Pronunciation: \’tēm\: Function: noun

A group of people, with a full set of COMPLIMENTARY skills required to complete a task, job or project.

¹mike grbic team

Pronunciation: \mīk guərbĭk ‘tēm\: Function: proper noun A group of 25 specialists who assist in providing the best service possible. Includes photographer, graphic designer, computer tech, listing coordinator, buyer agents, listing agents, transaction manager etc.

Team of specialists ....... Because no one person can be good at everything.

Benefits of working with a TEAM:

INCREASED efficiency allowing for larger marketing budgets and greater purchasing power. HIGHER responsiveness and levels of service a single agent simply can't provide. MORE personal attention from your agent who doesn't have to try and "do it all." PROMPT and timely communication. Your calls answered and returned fast. CONSISTENT RESULTS. Your home seen by more buyers and thus selling faster.

Concept

Select Homes