Tre Pryor is the recognized real estate expert in the city of Louisville, Kentucky. Founder and Editor of LouisvilleHomesBlog.com the #1 real estate blog in the city, Mr. Pryor also writes for InsiderLouisville.com and several other industry websites.
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.
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.
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.
Regular garbage or trash
Mattresses, Furniture, and Appliances
1. Regular Garbage or Trash
Garbage removal is the most common waste disposal in Louisville, Kentucky. As it probably is for most cities. 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.
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.
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.
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.
Knowing what your options are in terms of home loans, mortgages, and everything in between is crucial if you don’t have perfect credit.
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.
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?!
To begin, here’s our methodology.
We’re only looking at homes that have sold since January 1, 2018.
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.
Lastly, we’re only looking at residential properties. No commercial. No straight land. Just awesome homes sold for big money.
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.
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.
Once a year I run the numbers to see which are the best Kentucky counties for real estate. I do this by looking at the average sale prices over time for counties that are in and around Louisville, Kentucky. Sorry, rest of the state!
So it’s that time of year again. The numbers have been crunched. The charts prepared. Let’s dig in!
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?
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.