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.
Moving is a big deal. Moving to a new state is an even bigger deal! Relocating to Kentucky doesn’t have to be a major problem. With some great advice and proper planning, your move to Kentucky could be the best thing that ever happened to you!
First, I’ve recently updated my Top 10 Tips for Relocating to Louisville. If you’re moving to Louisville, Kentucky, great! I’m always happy to help. Looking at another city in Kentucky? Just let me know, I might know a great agent who’s an expert in that city.
This article isn’t about specific tips about relocating, like the one linked above. It’s about the bigger picture. It’s about why relocating to Kentucky is a wonderful thing. Once you’ve read it, I believe you’ll feel the same thing.
Spring is a great time of the year. If you’re a homeowner, you already know that there will be some jobs waiting for you once the harsh Winter weather is past.
These “jobs” are very important. Some are simply maintenance that you’ve always known your home needs. Some up updates or home improvement projects that fit nicely in the Spring season. Either way, you’ll be glad you took the time and money to tackle than to protect or even enhance the value of your most valuable investment—your home.
As we leave colder temps in the rear-view mirror, here are the top five spring home improvement projects that will help you and your home.
It’s that time again! Each year I track the most expensive homes in Louisville Kentucky. These are homes that are sold, not houses that have stayed with their current owners. If that were the case, it’d be the same homes each time and that’s no fun.
Last year we saw properties from the $1.32 million house on Belknap Beach Road all the way up to the 170 acres tract of land that sold for $2,150,000. I’m wondering if we should include land in our survey. What do you think? No? Ok, sounds good.
Going forward, no land, only the cream of the crop, most expensive houses… wait, what about condos? I mean, if one of these penthouse apartments in Waterfront Park Place or The George sold for more than a million, we’d want to see that, right? Yes? Great! I love that we’re all on the same page.
Are you a first-time home buyer and you don’t know what to do first? Relax, you’re not alone. You’ve come to the right place. Here are five tips that will help in Best Realtor for First Time Home Buyer.
Every person is different. Just like every house is different. Agents are the same way. There are some great ones, some terrible ones and a whole bunch of average ones in the middle.
Buying a home can be a tricky situation so don’t try to go it alone. Far better to find an awesome agent who’ll be your on your side throughout the entire process. Don’t worry, with the right Realtor, buying your first time can actually be a great experience.
Let’s dig right in!
#1 The Best Realtors Are Great Teachers
This is especially important for first-time home buyers. First time out, everything is new! At this point, you don’t even know what it is that you don’t know.
Some agents have some excellent experience but when the time comes to communicate that real estate knowledge to their clients, they fall down. It takes a great teacher to share their expert understanding with their buyer clients in a way that they understand and can use.
In the end, the client is the one making the decisions so you need to understand how all the variables work. Top agents teach their clients everything they need to know.