When Is the Best Time to Sell a House?

My clients will routinely ask this question: “When is the best time to sell a house?”

There really is no “best” time. But if you follow these real estate best practices and take advantage of current, local data, you will improve your chances to get a quick sale at top dollar. This expert advice is designed to help you assess your situation and make an educated decision based on both your financial data and your personal goals.

Photo of a gorgeous home: When Is the Best Time to Sell a House?

To Move or Not to Move?

Before we get to the professional recommendations, the very first question you ask is whether or not you should sell your house at all? This is important because each time you sell (and then buy) there are costs built into each transaction. For the most part, these costs are pure waste. That means, the longer you are in the same home, the better off your financial situation will be.

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Overview of Waste Disposal in Louisville

Each day, you generate a variety of different types of waste. During the course of any given year, you may end up not only disposing of what fairly can be called everyday garbage and recyclables but also the hazardous waste of different types. Maybe you’re thinking about selling your home this winter and need to get rid of some “junk.” A basic understanding of the different ways in which various types of waste items are disposed of in the city. When it comes to waste disposal in Louisville here are the 8 categories in which waste is disposed of.

  1. Regular garbage or trash
  2. Hazardous waste
  3. Recyclable items
  4. Mattresses, Furniture, and Appliances
  5. Construction waste
  6. Sharps
  7. Biohazardous waste
  8. Medications
Photo of an abandoned building
We would hope your home doesn’t look like this! The owners of this building definitely need some waste disposal help.

1. Regular Garbage or Trash

Regular garbage or trash is disposed of through the City of Louisville Solid Waste Management Services Division. The agency collects garbage on a weekly basis from residential units with eight units or less. Large residential buildings have to engage a private service to collect regular garbage items.

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Landlord Strategies When a Tenant Commits Suicide or an Unattended Death

Managing rental properties can be difficult at times. Landlords regularly face challenges like unexpected maintenance issues and tenants who fail to pay their rent. While these are unfortunate circumstances, little else is more difficult for a landlord to address than a tenant who commits suicide or there’s an unattended death in their rental property. A landlord must be versed about what strategies to employ when a tenant commits suicide or with an unattended death is discovered.

Photo of three people having a difficult discussion.
Would you know what to do if a tenant committed suicide in one of your rental properties?

Self-Protection Upon Discovery of a Suicide or Unattended Death

Before discussing the need for self-protection upon a discovery of one or another of these types of death, a landlord must understand what is meant by an unattended death. As the moniker indicates, an unattended death is one in which a person dies alone. In addition, an unattended death most often involves the discovery of body days, weeks, or even months after the tenant died. If this is the case and the body is discovered much later by a landlord, the human decomposition process is well underway.

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Home Financing Options for Any Credit Score in Kentucky

Having perfect credit and a down payment of as much as 20% is not always possible. There are financing options that are available for any credit score, especially when you consider FHA mortgages and how FHA home loans work. Especially if your out looking to buy your first home, it’s smart to learn about all of your home financing options.

Photo of a young man comparing home financing options.
It’s smart to do your homework. Comparing home financing option will save you money in the long run.

Knowing what your options are in terms of home loans, mortgages, and everything in between is crucial if you don’t have perfect credit.

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16 Ways to Prepare Your Home for Winter

Your home is likely the largest single investment you will ever make. It’s doubly smart to take care of your home’s value and save money at the same time. Don’t wait for a problem to surface. Be proactive!

Follow these 12 ways to prepare your home for winter now and you’ll be sitting comfortably come the Holidays.

Photo of a home in Winter
When you prepare your home for Winter then you can relax and enjoy the Holidays knowing your investment is protected.

Top 16 Ways to Prepare Your Home for Winter

Let’s jump right in!

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Most Expensive Louisville Homes in 2018

Today is the day of our annual jaunt through the most expensive Louisville homes in 2018. I began this pilgrimage in 2015 and have enjoyed the journey. If interested, check out the 2016 and 2017 editions. Seriously though, who doesn’t like looking at amazing homes?!

Photo of staircase in Most Expensive Louisville Homes in 2018
It’s time to get grand!

To begin, here’s our methodology.

  1. We’re only looking at homes that have sold since January 1, 2018.
  2. I’m only considering homes in the general Louisville, Kentucky area. We’re including the Jefferson, Oldham, Shelby, Spencer, and Bullitt counties. Our MLS covers more but I’m not including those.
  3. Lastly, we’re only looking at residential properties. No commercial. No straight land. Just awesome homes sold for big money.

Let’s get started!

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Available Homes for Sale in Louisville KY

When someone says “available homes for sale” what they’re talking about is active listings. The fancy term for that is housing inventory. They all mean the same thing. And to put it bluntly, the available homes for sale in Louisville KY is dangerously limited.

Photo of a home in Clifton Louisville Kentucky by Tre Pryor
This cute home in Clifton represents the kind of property that’s becoming increasingly difficult to find. | Photo by Tre Pryor

It’s almost always to put things in picture form to better communicate the degree to where Louisville’s housing inventory is currently. Even better, let’s break it up into price tiers. After all, if you’re hunting in the $200,000 to $300,000 price range, you don’t really care what’s happening with half a million dollar homes.

Let’s get started!

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Local NBC Affiliate Interviews Tre Pryor for Housing Story

WAVE3 Logo

Third times the charm? I’m not sure, I’ll let you be the judge.

A past client asked me to be on camera and share some Louisville real estate knowledge. This piece by Wave3 anchor David Mattingly is looking at our housing shortage.

Affordable houses in Louisville hard to find

As is typically the case, most of the interview doesn’t make it on air but I was happy to help. At the same time… I hate seeing myself on screen. How does my wife put up with me?

Do I Need a Realtor When I’m Building a House?

Real estate can be a tricky thing. There aren’t any classes about it in most schools but it’s something most Americans are interested in. In fact, 84% of Americans see home ownership as a good investment even though the percentage of ownership has been declining since 2005. So how is building a house different than buying an existing home?

Photo of a couple looking over house plans - Building a house
Dreaming about building your dream house?

When something is as big as “buying a house” you don’t want to mess it up. There are a good number of snags that could really haunt you for years to come.

What about building a house? Isn’t that more straight-forward? After all, the builder is going to make it brand new. What could go wrong?

Well, what if I said, “It costs you nothing to have a Realtor.” Yes, that’s true. Whether you’re buying an existing home or building a house, buyers never pay commissions. Those are paid by the seller or the builder.  It’s just the way it is.

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