Real Estate Focus
Written by Don Ratzlaff Tuesday, 23 February 2010 19:57"You don’t have any dirt for sale along the highway.”
That comment more than two years ago from a site developer working for a business interested in locating in Hillsboro is the initial spark that has ignited the city’s newest economic-development venture, according to city leaders.
Hillsboro Business Park, the 21-acre city-owned property on the southeast corner of Ash Street and U.S. Highway 56, began taking shape within the past week or two with the start of initial dirt work.
The site developer was referring to the availability of developed lots along U.S. 56, which would give a business prime exposure to the largest number of people.
“That’s kind of when we got things started about this,” Dalke said of the proposed...
Written by Hillsboro Free Press Tuesday, 19 January 2010 19:41With many signs pointing to the beginnings of a recovery in the housing market, potential home buyers can still find plenty of selection, low prices and low interest rates.
If you’re thinking of buying a home, now might be the right time, but before you contact a real estate agent or apply for a mortgage, your top priority should be checking your credit report to see if your credit is in good shape.
Credit—specifically, misuse and misunderstanding of credit—spurred the housing crisis, many experts agree. The consequences have included tighter standards from lenders and the need for borrowers to better understand how to use credit wisely.
Interest rates remain low and those with good credit will be better positioned to take...
Written by Don Ratzlaff Tuesday, 22 December 2009 19:45If plans fall into place as expected, residents of Hillsboro can anticipate at least three major construction projects in 2010.
Two of them—a new dealership for Midway Motors and the reconstruction and resurfacing of several blocks of North Ash Street—are likely a done deal. The third project, construction of a new $10 million hospital, is in the “hopeful” category for a spring groundbreaking.
Larry Arthur, president and chief executive officer of HMC/CAH Consolidated Inc., based in Kansas City, said his company’s frustration with the difficult lending market may finally be over.
“We’re working with a bank in Kansas that is taking the project to their credit committee in the next two weeks,” Arthur said...
Written by Hillsboro Free Press Tuesday, 17 November 2009 14:05Experts say when you believe you have enough money for a down payment, obtaining a pre-approval letter from the lending financial institution can speed the purchasing process along.
Are you considering taking the plunge and buying your first home? If so, you’re not alone. Across the country, owning a home still represents the American dream for many, and the opportunity to buy your first home couldn’t be better.
Declining home prices, increasing numbers of foreclosed properties and unique government stimulus programs are luring potential homeowners into the market.
But purchasing a new home is more challenging than it was just a year or two ago. Relaxed lending standards over the past decade led to...
Written by Don Ratzlaff Tuesday, 27 October 2009 13:32The former Florence Health Care facility has a new identity with the recent placement of this new sign. Owner David Weseloh is hoping senior citizens will take advantage of its free services.
A former nursing home facility in Florence is getting a new start as a place to serve the needs of seniors, thanks to the benevolent involvement of a Kansas native from Texas.
David Weseloh of Midland opened Sunshine Residential Center in September as a place to meet the needs of seniors who no longer want to maintain a big house but aren’t ready for an assisted living center or nursing home.
The concept of the new enterprise, located in the former Florence Health Care building, is part apartment house, part social...
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