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Rock Springs

10904 Rock Ridge Pl, Louisville, KY 40241

10904 Rock Ridge Pl, Louisville, KY

Welcome to 10904 Rock Ridge Place in the prestigious Rock Springs neighborhood. This new home (built in October 2015) would fit many people's description of a dream home. Every upgrade you could ever dream of can be found in the home, starting with the outside. This brick/stone ranch home was custom built by the award-winning Deville Homes. This home features a phenomenal landscape package with an 11-zone irrigation system. The exterior also includes underground downspout runoff with yard pop-ups and termite treatment of all wood framing prior to drywall, not just foundation pre-treat like most builders do. Enter the home through the beautiful covered stone entryway.

On the inside, you are greeted by a spacious foyer with a chic light fixture. Note that this beauty features custom trim in every room, Natural Hickory hardwood floors throughout, large plantation shutters throughout, whole house surge protection, paddle style light switches, halogen recessed lighting, additional attic insulation, and dual flushing toilets.

10904 Rock Ridge Pl, Louisville, KY

To the right of the foyer, enter through the two large French doors into the fourth bedroom. This room would be great for a home office or a guest suite. This home includes hardwood floors, a ceiling fan, and windows with views of the lovely front yard. Directly in front of the foyer is the wide open family room. In the family room, you can find hardwood floors and a stunning dry stack stone corner gas fireplace with mantle. Make sure to look up at the gorgeous octagonal coffered ceiling with can lighting and a ceiling fan! There are French doors in the family room that lead to an enormous covered, screened-in rear porch with ceiling fan, overlooking a meticulously landscaped rear yard.

10904 Rock Ridge Pl, Louisville, KY

The kitchen can be accessed through the family room. The kitchen is very open and well-lit by can lights and multiple pendant lights. The kitchen features ample custom white cabinets with pull out shelves, shelf-closing drawers, black and white granite, center island, ceramic tile backsplash, and stainless steel appliances. The center island has seating space for 10 people. The eating area has hardwood floors, crown molding, and several windows.

10904 Rock Ridge Pl, Louisville, KY

The owner's suite is on the left side of the home and is absolutely spectacular. You'll love the ample space, triple tray ceilings, timeless chandelier, and hardwood floors. The owner's bathroom features dual granite top vanities, two oval oil-rubbed bronze mirrors, ceramic tile floors, toilet room, claw-foot bathtub, and separate ceramic tile sit-down shower with glass door. There are TWO walk-in closets in the owner's suite that are huge and include multiple racks and shelves.

The owner's suite is on the left side of the home and is absolutely spectacular. You'll love the ample space, triple trey vaulted ceilings, crown molding, timeless chandelier, and hardwood floors. The owner's bathroom features dual granite top vanities, two oval oil-rubbed bronze mirrors, ceramic tile floors, toilet room, claw-foot bathtub, and separate ceramic tile sit-down shower with glass door. There are TWO walk-in closets in the owner's suite that are huge and include multiple racks and shelves.

There are two other bedrooms on the right side of the home. These bedrooms share a full bath with separate vanities, granite tops, a common toilet and tub room, and a linen closet. The bedrooms have hardwood floors, ceiling fans, crown molding, and large walk-in closets.

10904 Rock Ridge Pl, Louisville, KY

Finishing out the first floor is a powder room with granite top vanity with glass bowl sink, a butler's pantry for additional storage, a writing or planning desk, and a huge laundry/mud room. The laundry/mud room includes two closets and cubby area with bench seat, as well as storage above and below lots of coat hooks, additional custom cabinets, and laundry sink. The laundry room has plenty of cabinets and countertops to fold clothes and for storage. 

The attached two and a half car garage has a two-car garage door but is large enough to fit three cars. You will also find a standard door to the driveway for easy access. The area above the garage is accessed via a pull-down stair which includes an expansive amount of carpeted storage space. The garage also has a sink and pegboard work area along with extra space to store your lawn equipment without getting in the way of your cars.

The lower level of the home is unfinished and is awaiting your dreams. There is a finished storm shelter room, which is surrounded by concrete and includes both lighting and power. There is also a roughed-in full bathroom, security system, additional water faucets on the exterior, separate water meters for water and irrigation with water faucets on the irrigation system side so you are not paying sewer charges on additional outside water usage. Lastly, you will find a Carrier HVAC system, electronic WIFI thermostat, humidifier, water softener and more. 

You will absolutely love this home in Rock Springs. Rock Springs is conveniently located a couple miles from the Paddock Shoppes, and you can be downtown in a little over ten minutes. Please call the Hollinden Team to set up your private showing today: (502) 429-3866.

...

10904 Rock Ridge Pl, Louisville, KY 40241

10904 Rock Ridge Pl, Louisville, KY

Welcome to 10904 Rock Ridge Place in the prestigious Rock Springs neighborhood. This new home (built in October 2015) would fit many people's description of a dream home. Every upgrade you could ever dream of can be found in the home, starting with the outside. This brick/stone ranch home was custom built by the award-winning Deville Homes. This home features a phenomenal landscape package with an 11-zone irrigation system. The exterior also includes underground downspout runoff with yard pop-ups and termite treatment of all wood framing prior to drywall, not just foundation pre-treat like most builders do. Enter the home through the beautiful covered stone entryway.

On the inside, you are greeted by a spacious foyer with a chic light fixture. Note that this beauty features custom trim in every room, Natural Hickory hardwood floors throughout, large plantation shutters throughout, whole house surge protection, paddle style light switches, halogen recessed lighting, additional attic insulation, and dual flushing toilets.

10904 Rock Ridge Pl, Louisville, KY

To the right of the foyer, enter through the two large French doors into the fourth bedroom. This room would be great for a home office or a guest suite. This home includes hardwood floors, a ceiling fan, and windows with views of the lovely front yard. Directly in front of the foyer is the wide open family room. In the family room, you can find hardwood floors and a stunning dry stack stone corner gas fireplace with mantle. Make sure to look up at the gorgeous octagonal coffered ceiling with can lighting and a ceiling fan! There are French doors in the family room that lead to an enormous covered, screened-in rear porch with ceiling fan, overlooking a meticulously landscaped rear yard.

10904 Rock Ridge Pl, Louisville, KY

The kitchen can be accessed through the family room. The kitchen is very open and well-lit by can lights and multiple pendant lights. The kitchen features ample custom white cabinets with pull out shelves, shelf-closing drawers, black and white granite, center island, ceramic tile backsplash, and stainless steel appliances. The center island has seating space for 10 people. The eating area has hardwood floors, crown molding, and several windows.

10904 Rock Ridge Pl, Louisville, KY

The owner's suite is on the left side of the home and is absolutely spectacular. You'll love the ample space, triple tray ceilings, timeless chandelier, and hardwood floors. The owner's bathroom features dual granite top vanities, two oval oil-rubbed bronze mirrors, ceramic tile floors, toilet room, claw-foot bathtub, and separate ceramic tile sit-down shower with glass door. There are TWO walk-in closets in the owner's suite that are huge and include multiple racks and shelves.

The owner's suite is on the left side of the home and is absolutely spectacular. You'll love the ample space, triple trey vaulted ceilings, crown molding, timeless chandelier, and hardwood floors. The owner's bathroom features dual granite top vanities, two oval oil-rubbed bronze mirrors, ceramic tile floors, toilet room, claw-foot bathtub, and separate ceramic tile sit-down shower with glass door. There are TWO walk-in closets in the owner's suite that are huge and include multiple racks and shelves.

There are two other bedrooms on the right side of the home. These bedrooms share a full bath with separate vanities, granite tops, a common toilet and tub room, and a linen closet. The bedrooms have hardwood floors, ceiling fans, crown molding, and large walk-in closets.

10904 Rock Ridge Pl, Louisville, KY

Finishing out the first floor is a powder room with granite top vanity with glass bowl sink, a butler's pantry for additional storage, a writing or planning desk, and a huge laundry/mud room. The laundry/mud room includes two closets and cubby area with bench seat, as well as storage above and below lots of coat hooks, additional custom cabinets, and laundry sink. The laundry room has plenty of cabinets and countertops to fold clothes and for storage. 

The attached two and a half car garage has a two-car garage door but is large enough to fit three cars. You will also find a standard door to the driveway for easy access. The area above the garage is accessed via a pull-down stair which includes an expansive amount of carpeted storage space. The garage also has a sink and pegboard work area along with extra space to store your lawn equipment without getting in the way of your cars.

The lower level of the home is unfinished and is awaiting your dreams. There is a finished storm shelter room, which is surrounded by concrete and includes both lighting and power. There is also a roughed-in full bathroom, security system, additional water faucets on the exterior, separate water meters for water and irrigation with water faucets on the irrigation system side so you are not paying sewer charges on additional outside water usage. Lastly, you will find a Carrier HVAC system, electronic WIFI thermostat, humidifier, water softener and more. 

You will absolutely love this home in Rock Springs. Rock Springs is conveniently located a couple miles from the Paddock Shoppes, and you can be downtown in a little over ten minutes. Please call the Hollinden Team to set up your private showing today: (502) 429-3866.

...

KHC Offers $10,000 Down Payment Assistance to Homebuyers

KHC Offers $10,000 Down Payment Assistance to Homebuyers

KHC Down Payment Assistance

One of the biggest challenges for home buyers is saving for a down payment. For many, this is what holds he/she back from purchasing a home. Luckily, the Kentucky Housing Corporation has announced some news that should make anyone struggling to save for a down payment happy!

The Kentucky Housing Corporation (KHC) is offering $10,000 in down payment assistance to homebuyers! This down payment assistance program is called Hardest Hit Fund (HHF) Down Payment Assistance (DAP) and it is available as of today, 1/11/17

According to the KHC website, this down payment assistance has a ZERO percent interest rate IF you are a first-time homebuyer. This down payment assistance is a non-refundable second mortgage in the amount of $10,000 (KHC,2017). In order to take advantage of this down payment assistance, you must be purchasing a home in Jefferson, Hardin, Christian, or Kenton counties. This home must be previously occupied, meaning NO new construction homes. 

If you are planning on taking advantage of this incentive, you will need to speak with a KHC-approved lender, which the Hollinden Team can refer to you. These funds always run out super quick. If the down payment assistance is something you would like to take advantage of, you really need to act fast. Call the Hollinden Team today: (502) 429-3866. For more information on KHC down payment assistance, please visit the Kentucky Housing Corporation website

...

Tips to First Time Homebuyers from a First Time Homebuyer

Buying a Home

Buying your first home is truly one of the most exciting experiences you will ever have. At the same time, it can be quite overwhelming. I recently purchased my first home and have learned A LOT! In this blog, I would like to share with you some tips I've learned that can make your first time home buying experience more enjoyable.

1.)    Don’t Get Attached to Houses- When I first started my home search, I found a house almost immediately that I loved. It was new, updated, and fit my personal style to a T. Apparently, many other people felt the same way about the house...

When it came time to put in an offer, I decided to submit an offer $1,500 over asking price and requested no closing cost assistance to make my offer more competitive. This is how badly I wanted this home. Unfortunately, the house got into a multiple offer situation and I was outbid - by quite a bit. I was crushed and thought that there was no possible way I could ever find a house that I loved that much.

Fast forward to one month later. I found a house that I liked equally as much in an area that I preferred more than the first house. My point is to not get despondent if you don’t get the first house you bid on. Something better will come along!

2.)    Get a Home Warranty- I can’t stress enough the importance of a home warranty. As a first time homebuyer, we usually don’t have a lot of extra cash sitting around for unexpected repairs on our home. This is especially true when you are moving into your first home and furnishing it. When you purchase a home warranty, many of the big ticket items in your home are covered if they were to need repair or replacement.

Home warranties really aren’t that expensive if you consider the amount of money that could be saved in the long run. My home warranty cost $345 with a $65 deductible. The $345 home warranty I have is considered basic home warranty coverage. There are more expensive home warranties that will cover additional items.

Here’s the best part: Sellers often will pay for a one year home warranty for you! Most REALTORs will write in the contract for the seller to pay for the home warranty. Many times, sellers will go ahead and purchase the home warranty to provide to the buyer before the home is even under contract.

I have lived in my home for less than a month. I have already taken advantage of having a home warranty. My garage opener broke and the piece to replace it will cost $200. I paid the $65 deductible and that was it.  The home warranty took care of the balance. This is a small repair compared to having your HVAC or kitchen appliances replaced. However, it is still $200 less that I have to spend right now.

Just remember to always review your home warranty prior to closing. Understand what your home warranty will cover and decide whether or not you’d like to add additional coverage on other items.  Also, call the home warranty company first if you have any issues.  They will not pay if you call the repair person first.

3.)    Get a Home Inspection- If you were thinking about skipping the home inspection process, think again. A home inspection is 100% necessary. If you are unfamiliar with home inspections, I wrote a home inspection blog that will tell you everything you will need to know about the process.

The cost of a home inspection is a small percentage compared to the price you will pay for a home. Also, if you are unhappy with the results of the home inspection for any reason, you are able to walk away from the transaction.

Conduct a Thorough Final Walk-Thru

4.)    Conduct a THOROUGH Final Walk-Thru- After you get a home inspection, you will have the option to submit a repair request. The repair request will list the items that you wish for the seller to fix prior to closing. The seller doesn’t have to agree to every item listed but you will be given the chance to negotiate with the seller. After the repair request is negotiated, the seller will have up until the time the home closes to fix all items on the repair request.

You need to make sure that you have receipts for every item fixed or replaced PRIOR to closing. Compare each receipt to the repair request document and make sure that everything matches up. It is recommended to do your final walk-thru the day of closing.

Here is the reason why: Anything can happen in a day. You really don't want any lapse of time between the final walk-thru and the closing. When you are doing the final walk-thru you are basically signing off that everything in the home is the way you agreed upon with the seller. 

When you go to the final walk-thru, bring a printed copy of the repair request document and fully executed contract. Move from room to room and check off each item that was repaired. Make sure that every item that agreed to be left with the property is present. Examples would be kitchen appliances, washer and dryer, bathroom mirrors, etc.

Sellers could overlook an item he/she agreed to leave on a contract or just simply forget about it. I actually experienced this firsthand. Everything was resolved but this further demonstrates the importance of doing a thorough final walk-thru.

5.)    Don’t Buy Furniture Until After Closing- This could potentially jeopardize the chances of you getting a home loan. When you are obtaining a home loan, you don’t want to take out a line of credit or purchase any big ticket items. An alternative to purchasing the furniture before closing is to put the furniture on layaway. Many furniture stores will allow you to put the furniture on layaway as long as you put down a down payment. I put a 10% down payment on my couch and entertainment center and paid after closing.

6.)    Plan Your Move Ahead of Time- If you are living in an apartment, don’t schedule the closing date for the day your lease is up. If you have never moved into a home, it takes more time than you think. I made sure to give myself a week to move out of my apartment and into my house. It didn’t take that long but at least I had a large window of time in case unexpected issues arose.

7.)    Live in Your Space Before Purchasing Home Décor- This advice was actually given to me by an interior designer. You need to feel out the space before purchasing décor. Once you have lived in your home for some time, you can decide what would work best and be most functional in each room. This will save you time and money in the long run.

Saving Money for Your First Home

8.)    Don’t Deplete Your Savings- Purchasing a home can...

Tips to First Time Homebuyers from a First Time Homebuyer

Buying a Home

Buying your first home is truly one of the most exciting experiences you will ever have. At the same time, it can be quite overwhelming. I recently purchased my first home and have learned A LOT! In this blog, I would like to share with you some tips I've learned that can make your first time home buying experience more enjoyable.

1.)    Don’t Get Attached to Houses- When I first started my home search, I found a house almost immediately that I loved. It was new, updated, and fit my personal style to a T. Apparently, many other people felt the same way about the house...

When it came time to put in an offer, I decided to submit an offer $1,500 over asking price and requested no closing cost assistance to make my offer more competitive. This is how badly I wanted this home. Unfortunately, the house got into a multiple offer situation and I was outbid - by quite a bit. I was crushed and thought that there was no possible way I could ever find a house that I loved that much.

Fast forward to one month later. I found a house that I liked equally as much in an area that I preferred more than the first house. My point is to not get despondent if you don’t get the first house you bid on. Something better will come along!

2.)    Get a Home Warranty- I can’t stress enough the importance of a home warranty. As a first time homebuyer, we usually don’t have a lot of extra cash sitting around for unexpected repairs on our home. This is especially true when you are moving into your first home and furnishing it. When you purchase a home warranty, many of the big ticket items in your home are covered if they were to need repair or replacement.

Home warranties really aren’t that expensive if you consider the amount of money that could be saved in the long run. My home warranty cost $345 with a $65 deductible. The $345 home warranty I have is considered basic home warranty coverage. There are more expensive home warranties that will cover additional items.

Here’s the best part: Sellers often will pay for a one year home warranty for you! Most REALTORs will write in the contract for the seller to pay for the home warranty. Many times, sellers will go ahead and purchase the home warranty to provide to the buyer before the home is even under contract.

I have lived in my home for less than a month. I have already taken advantage of having a home warranty. My garage opener broke and the piece to replace it will cost $200. I paid the $65 deductible and that was it.  The home warranty took care of the balance. This is a small repair compared to having your HVAC or kitchen appliances replaced. However, it is still $200 less that I have to spend right now.

Just remember to always review your home warranty prior to closing. Understand what your home warranty will cover and decide whether or not you’d like to add additional coverage on other items.  Also, call the home warranty company first if you have any issues.  They will not pay if you call the repair person first.

3.)    Get a Home Inspection- If you were thinking about skipping the home inspection process, think again. A home inspection is 100% necessary. If you are unfamiliar with home inspections, I wrote a home inspection blog that will tell you everything you will need to know about the process.

The cost of a home inspection is a small percentage compared to the price you will pay for a home. Also, if you are unhappy with the results of the home inspection for any reason, you are able to walk away from the transaction.

Conduct a Thorough Final Walk-Thru

4.)    Conduct a THOROUGH Final Walk-Thru- After you get a home inspection, you will have the option to submit a repair request. The repair request will list the items that you wish for the seller to fix prior to closing. The seller doesn’t have to agree to every item listed but you will be given the chance to negotiate with the seller. After the repair request is negotiated, the seller will have up until the time the home closes to fix all items on the repair request.

You need to make sure that you have receipts for every item fixed or replaced PRIOR to closing. Compare each receipt to the repair request document and make sure that everything matches up. It is recommended to do your final walk-thru the day of closing.

Here is the reason why: Anything can happen in a day. You really don't want any lapse of time between the final walk-thru and the closing. When you are doing the final walk-thru you are basically signing off that everything in the home is the way you agreed upon with the seller. 

When you go to the final walk-thru, bring a printed copy of the repair request document and fully executed contract. Move from room to room and check off each item that was repaired. Make sure that every item that agreed to be left with the property is present. Examples would be kitchen appliances, washer and dryer, bathroom mirrors, etc.

Sellers could overlook an item he/she agreed to leave on a contract or just simply forget about it. I actually experienced this firsthand. Everything was resolved but this further demonstrates the importance of doing a thorough final walk-thru.

5.)    Don’t Buy Furniture Until After Closing- This could potentially jeopardize the chances of you getting a home loan. When you are obtaining a home loan, you don’t want to take out a line of credit or purchase any big ticket items. An alternative to purchasing the furniture before closing is to put the furniture on layaway. Many furniture stores will allow you to put the furniture on layaway as long as you put down a down payment. I put a 10% down payment on my couch and entertainment center and paid after closing.

6.)    Plan Your Move Ahead of Time- If you are living in an apartment, don’t schedule the closing date for the day your lease is up. If you have never moved into a home, it takes more time than you think. I made sure to give myself a week to move out of my apartment and into my house. It didn’t take that long but at least I had a large window of time in case unexpected issues arose.

7.)    Live in Your Space Before Purchasing Home Décor- This advice was actually given to me by an interior designer. You need to feel out the space before purchasing décor. Once you have lived in your home for some time, you can decide what would work best and be most functional in each room. This will save you time and money in the long run.

Saving Money for Your First Home

8.)    Don’t Deplete Your Savings- Purchasing a home can be...

8 Fall & Winter Curb Appeal Tips to Get Your Home Sold

Fall & Winter Curb Appeal Tips

Why are fall and winter a great time to sell your home? There are many reasons we could discuss but there is one in particular that we will touch on today - homes look prettier in the fall and winter. We wrote another blog a few weeks ago that discussed preparing your home to sell in the fall/winter months outside of just curb appeal. Make sure to check that out as well.

 Homes that are tastefully decorated for the holiday months show better to buyers. Making a home look pretty for the holidays starts on the outside. The outside is where buyers will create a first impression of your home and decide whether or not they want to view the inside. Here are a few tips to consider when adding fall/winter curb appeal:

1.)    Clean Up the Yard- This should be the first step before you place any décor on the front of your home. Frequently rake leaves from the yard and trim any overgrown bushes as well. In addition, make sure to clean out your gutters frequently. You could also consider power washing your home to remove any dirt and debris. A clean home on the outside is a reflection of what your home will look like on the inside.

2.)    Paint the Outside- This may not be necessary for every homeowner but if areas of your home need a fresh coat of paint, go ahead and take care of it before decorating. Evaluate your gutters, front door, and shutters. Is the paint chipping on any of these items? If so, consider a fresh coat of paint. Even if the paint isn’t chipping, a fresh coat of paint provides a cleaner and crisper appearance. You could ever consider a totally new paint color for your front door. A pop of color to a front door can create a nice focal point for your home. Red is a great pop of color and it would really make your home stand out.

3.)    Update Outside Lighting & Other Accessories- Could your outdoor lighting use a facelift? Sometimes buying new outdoor lights isn’t completely necessary. You could even consider spray painting the lighting you already have. Consider updating other outdoor accessories that are worn out such as door numbers, kick plates, and other hardware on the outside of the home. Ensure that all outdoor accessories match and aren’t scuffed up. Another great outdoor accessory is solar lights. Solar lights provide a nice trail of light for guests walking up to your home. In addition, they are a beautiful decorative touch to add to your landscaping.

4.)    Hang a Wreath- In my opinion, every front door should have a wreath no matter the season. I think it just adds so much more personality to the home.

5.)    Create Symmetry- When creating arrangements by the entryway, consider creating symmetry. Symmetrical arrangements are easier on the eye and more welcoming to guests.

6.)    Plant Seasonal Flowers- I think seasonal plants add such a beautiful touch to the outside of your home. Consider adding some beautiful mums in the fall and poinsettias in the winter.

7.)    Add a Rug- A rug by your front door doesn’t only add a decorative touch but is also completely necessary! Think about how much dirt and leaves people could drag through your home if they didn’t have a rug to clean off their shoes. Try to find a rug that is suitable for high traffic and is very durable. Sometimes pretty rugs that have designs fade quickly. You don’t want to have to replace your rug too often.

8.)    Keep it Simple- Overdoing fall/winter decorations can take away from the beauty of your home. Put just enough decorations to highlight your home and make it look festive.

We hope our fall/winter curb appeal tips were useful to you. Do you have any fall/winter curb appeal tips that you can recommend? Feel free to comment below. 

...

8 Fall & Winter Curb Appeal Tips to Get Your Home Sold

Fall & Winter Curb Appeal Tips

Why are fall and winter a great time to sell your home? There are many reasons we could discuss but there is one in particular that we will touch on today - homes look prettier in the fall and winter. We wrote another blog a few weeks ago that discussed preparing your home to sell in the fall/winter months outside of just curb appeal. Make sure to check that out as well.

 Homes that are tastefully decorated for the holiday months show better to buyers. Making a home look pretty for the holidays starts on the outside. The outside is where buyers will create a first impression of your home and decide whether or not they want to view the inside. Here are a few tips to consider when adding fall/winter curb appeal:

1.)    Clean Up the Yard- This should be the first step before you place any décor on the front of your home. Frequently rake leaves from the yard and trim any overgrown bushes as well. In addition, make sure to clean out your gutters frequently. You could also consider power washing your home to remove any dirt and debris. A clean home on the outside is a reflection of what your home will look like on the inside.

2.)    Paint the Outside- This may not be necessary for every homeowner but if areas of your home need a fresh coat of paint, go ahead and take care of it before decorating. Evaluate your gutters, front door, and shutters. Is the paint chipping on any of these items? If so, consider a fresh coat of paint. Even if the paint isn’t chipping, a fresh coat of paint provides a cleaner and crisper appearance. You could ever consider a totally new paint color for your front door. A pop of color to a front door can create a nice focal point for your home. Red is a great pop of color and it would really make your home stand out.

3.)    Update Outside Lighting & Other Accessories- Could your outdoor lighting use a facelift? Sometimes buying new outdoor lights isn’t completely necessary. You could even consider spray painting the lighting you already have. Consider updating other outdoor accessories that are worn out such as door numbers, kick plates, and other hardware on the outside of the home. Ensure that all outdoor accessories match and aren’t scuffed up. Another great outdoor accessory is solar lights. Solar lights provide a nice trail of light for guests walking up to your home. In addition, they are a beautiful decorative touch to add to your landscaping.

4.)    Hang a Wreath- In my opinion, every front door should have a wreath no matter the season. I think it just adds so much more personality to the home.

5.)    Create Symmetry- When creating arrangements by the entryway, consider creating symmetry. Symmetrical arrangements are easier on the eye and more welcoming to guests.

6.)    Plant Seasonal Flowers- I think seasonal plants add such a beautiful touch to the outside of your home. Consider adding some beautiful mums in the fall and poinsettias in the winter.

7.)    Add a Rug- A rug by your front door doesn’t only add a decorative touch but is also completely necessary! Think about how much dirt and leaves people could drag through your home if they didn’t have a rug to clean off their shoes. Try to find a rug that is suitable for high traffic and is very durable. Sometimes pretty rugs that have designs fade quickly. You don’t want to have to replace your rug too often.

8.)    Keep it Simple- Overdoing fall/winter decorations can take away from the beauty of your home. Put just enough decorations to highlight your home and make it look festive.

We hope our fall/winter curb appeal tips were useful to you. Do you have any fall/winter curb appeal tips that you can recommend? Feel free to comment below. 

...

8 Fall & Winter Curb Appeal Tips to Get Your Home Sold

Fall & Winter Curb Appeal Tips

Why are fall and winter a great time to sell your home? There are many reasons we could discuss but there is one in particular that we will touch on today - homes look prettier in the fall and winter. We wrote another blog a few weeks ago that discussed preparing your home to sell in the fall/winter months outside of just curb appeal. Make sure to check that out as well.

 Homes that are tastefully decorated for the holiday months show better to buyers. Making a home look pretty for the holidays starts on the outside. The outside is where buyers will create a first impression of your home and decide whether or not they want to view the inside. Here are a few tips to consider when adding fall/winter curb appeal:

1.)    Clean Up the Yard- This should be the first step before you place any décor on the front of your home. Frequently rake leaves from the yard and trim any overgrown bushes as well. In addition, make sure to clean out your gutters frequently. You could also consider power washing your home to remove any dirt and debris. A clean home on the outside is a reflection of what your home will look like on the inside.

2.)    Paint the Outside- This may not be necessary for every homeowner but if areas of your home need a fresh coat of paint, go ahead and take care of it before decorating. Evaluate your gutters, front door, and shutters. Is the paint chipping on any of these items? If so, consider a fresh coat of paint. Even if the paint isn’t chipping, a fresh coat of paint provides a cleaner and crisper appearance. You could ever consider a totally new paint color for your front door. A pop of color to a front door can create a nice focal point for your home. Red is a great pop of color and it would really make your home stand out.

3.)    Update Outside Lighting & Other Accessories- Could your outdoor lighting use a facelift? Sometimes buying new outdoor lights isn’t completely necessary. You could even consider spray painting the lighting you already have. Consider updating other outdoor accessories that are worn out such as door numbers, kick plates, and other hardware on the outside of the home. Ensure that all outdoor accessories match and aren’t scuffed up. Another great outdoor accessory is solar lights. Solar lights provide a nice trail of light for guests walking up to your home. In addition, they are a beautiful decorative touch to add to your landscaping.

4.)    Hang a Wreath- In my opinion, every front door should have a wreath no matter the season. I think it just adds so much more personality to the home.

5.)    Create Symmetry- When creating arrangements by the entryway, consider creating symmetry. Symmetrical arrangements are easier on the eye and more welcoming to guests.

6.)    Plant Seasonal Flowers- I think seasonal plants add such a beautiful touch to the outside of your home. Consider adding some beautiful mums in the fall and poinsettias in the winter.

7.)    Add a Rug- A rug by your front door doesn’t only add a decorative touch but is also completely necessary! Think about how much dirt and leaves people could drag through your home if they didn’t have a rug to clean off their shoes. Try to find a rug that is suitable for high traffic and is very durable. Sometimes pretty rugs that have designs fade quickly. You don’t want to have to replace your rug too often.

8.)    Keep it Simple- Overdoing fall/winter decorations can take away from the beauty of your home. Put just enough decorations to highlight your home and make it look festive.

We hope our fall/winter curb appeal tips were useful to you. Do you have any fall/winter curb appeal tips that you can recommend? Feel free to comment below. 

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10602 Elder Ln, Prospect, KY 40059

Welcome to 10602 Elder Lane! This five bedroom and three-and-a-half -bathroom home is located in the desirable Prospect golf community, GlenOaks. GlenOaks is accessible by taking Brownsboro Road to Worthington Lane.

10602 Elder Ln Front

As you approach this home, you will first notice the curb appeal. The landscaping is nicely maintained and the front of the home is inviting. There are a few rose bushes in the landscaping and a lovely water fountain. On the front of the home, there is a covered porch large enough to put a table or a swing. The stunning glass entry door adds to the curb appeal.

10602 Elder Ln Foyer

The foyer boasts a neutral paint color, hardwood floors, trey ceilings, and updated cage pendant lighting. To the left of the foyer is the dining room. The dining room features neutral paint color, wainscoting, an updated rubbed bronze light fixture, hardwood floors, large windows, and arched entryways with columns.

10602 Elder Ln Master Bedroom

The owner’s suite is straight off of the hallway. The owner’s suite is quite spacious and includes the following: double trey ceilings, windows with views of the rear of the home, a neutral paint color, and carpet. The owner’s bathroom includes dual vanities, ample cabinetry, rubbed bronze hardware on doors, heart shaped whirlpool tub, separate marble corner shower, and a toilet room. The walk-in closet is also accessible from the owner’s bathroom. The walk-in closet features plenty of shelves and racks for clothing and storage.

10602 Elder Ln Kitchen

Take a right out of the owner’s suite and you will enter the great room. The great room includes a corner gas fireplace with marble hearth, updated ceiling fan, hardwood floors, a neutral paint color, crown molding, arched entryway with columns, and plenty of windows to let in natural light. The eat-in kitchen is parallel to the great room. The kitchen boasts custom cabinets with lighting underneath, granite countertop, ceramic tile backsplash, hardwood floors, new stainless steel appliances (all appliances remain), breakfast bar, and center island. There is plenty of counter space in the kitchen, allowing a lot of room for meal preparation or serving food to guests. The eating area includes bay windows and an updated light fixture. The dining room, great room, and kitchen flow into each other nicely, making a perfect space for entertaining. In addition, there is also a half bathroom and laundry room on the first floor. The laundry room has wainscoting and shelves for storage.

10602 Elder Ln Loft

Walking to the second floor, you will notice the gorgeous banister with iron spindles. Once you have approached the top of the steps, you will see the loft area first. The loft area has vaulted ceilings, skylights, carpet, and a ceiling fan. The loft could be used various ways such as an office, playroom, or another great room. There are three large bedrooms on the second floor that include ceiling fans, walk-in closets, and carpet. There are also two bathrooms on the second floor that include ceramic tile, marble vanities, and linen closets. One of the two bathrooms is an en-suite bathroom.

10602 Elder Ln Basement

Moving to the lower level walkout basement, you are greeted by the spacious family room. The family room features a corner gas fireplace with a ceramic tile hearth, carpet, and a neutral paint color. Also in the basement is the home office/fifth bedroom. This room includes hand scraped hardwood floors, egress windows, and walk-in closet. This room also provides access to a small paver patio. There are 2 - 15 light French doors that separate the office/fifth bedroom from the family room. The lower level is also roughed in for a full bath.  In addition, there are two unfinished areas in the basement. There is an unfinished room with egress windows that could be used as a sixth bedroom. Also, there is another unfinished area that is currently being used as a storage/workshop area.

10602 Elder Ln Patio

On the back of the home, you’ll find a large covered deck with ceiling fan. The professionally landscaped backyard is very private and is lined by mature trees. The 3.5 car garage offers plenty of space for storage.

For a private tour of this gorgeous home located at 10602 Elder Lane, known as Louisville MLS 1459080, give the Hollinden Team a call at 502-429-3866. If you want to see other homes for sale in GlenOaks, The Hollinden Team can help you with that as well.

 

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10602 Elder Ln, Prospect, KY 40059

Welcome to 10602 Elder Lane! This five bedroom and three-and-a-half -bathroom home is located in the desirable Prospect golf community, GlenOaks. GlenOaks is accessible by taking Brownsboro Road to Worthington Lane.

10602 Elder Ln Front

As you approach this home, you will first notice the curb appeal. The landscaping is nicely maintained and the front of the home is inviting. There are a few rose bushes in the landscaping and a lovely water fountain. On the front of the home, there is a covered porch large enough to put a table or a swing. The stunning glass entry door adds to the curb appeal.

10602 Elder Ln Foyer

The foyer boasts a neutral paint color, hardwood floors, trey ceilings, and updated cage pendant lighting. To the left of the foyer is the dining room. The dining room features neutral paint color, wainscoting, an updated rubbed bronze light fixture, hardwood floors, large windows, and arched entryways with columns.

10602 Elder Ln Master Bedroom

The owner’s suite is straight off of the hallway. The owner’s suite is quite spacious and includes the following: double trey ceilings, windows with views of the rear of the home, a neutral paint color, and carpet. The owner’s bathroom includes dual vanities, ample cabinetry, rubbed bronze hardware on doors, heart shaped whirlpool tub, separate marble corner shower, and a toilet room. The walk-in closet is also accessible from the owner’s bathroom. The walk-in closet features plenty of shelves and racks for clothing and storage.

10602 Elder Ln Kitchen

Take a right out of the owner’s suite and you will enter the great room. The great room includes a corner gas fireplace with marble hearth, updated ceiling fan, hardwood floors, a neutral paint color, crown molding, arched entryway with columns, and plenty of windows to let in natural light. The eat-in kitchen is parallel to the great room. The kitchen boasts custom cabinets with lighting underneath, granite countertop, ceramic tile backsplash, hardwood floors, new stainless steel appliances (all appliances remain), breakfast bar, and center island. There is plenty of counter space in the kitchen, allowing a lot of room for meal preparation or serving food to guests. The eating area includes bay windows and an updated light fixture. The dining room, great room, and kitchen flow into each other nicely, making a perfect space for entertaining. In addition, there is also a half bathroom and laundry room on the first floor. The laundry room has wainscoting and shelves for storage.

10602 Elder Ln Loft

Walking to the second floor, you will notice the gorgeous banister with iron spindles. Once you have approached the top of the steps, you will see the loft area first. The loft area has vaulted ceilings, skylights, carpet, and a ceiling fan. The loft could be used various ways such as an office, playroom, or another great room. There are three large bedrooms on the second floor that include ceiling fans, walk-in closets, and carpet. There are also two bathrooms on the second floor that include ceramic tile, marble vanities, and linen closets. One of the two bathrooms is an en-suite bathroom.

10602 Elder Ln Basement

Moving to the lower level walkout basement, you are greeted by the spacious family room. The family room features a corner gas fireplace with a ceramic tile hearth, carpet, and a neutral paint color. Also in the basement is the home office/fifth bedroom. This room includes hand scraped hardwood floors, egress windows, and walk-in closet. This room also provides access to a small paver patio. There are 2 - 15 light French doors that separate the office/fifth bedroom from the family room. The lower level is also roughed in for a full bath.  In addition, there are two unfinished areas in the basement. There is an unfinished room with egress windows that could be used as a sixth bedroom. Also, there is another unfinished area that is currently being used as a storage/workshop area.

10602 Elder Ln Patio

On the back of the home, you’ll find a large covered deck with ceiling fan. The professionally landscaped backyard is very private and is lined by mature trees. The 3.5 car garage offers plenty of space for storage.

For a private tour of this gorgeous home located at 10602 Elder Lane, known as Louisville MLS 1459080, give the Hollinden Team a call at 502-429-3866. If you want to see other homes for sale in GlenOaks, The Hollinden Team can help you with that as well.

 

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Low Ball Offers on Homes: Real Estate Offer Strategy

Low Ball Offers on Homes: 5 Real Estate Offer Strategies

Low Ball Offers on Homes

I think we can all agree that we would love to find a good deal on a home. However, low ball offers aren’t always realistic, especially in our current market conditions.

Even though we are moving into the fall season, homes are still selling at a rapid pace. Currently, we are still in a seller’s market in Louisville. It is very common to see a home that is in good condition sell within a day and sometimes within a few hours. We anticipate seeing this trend continue on until November. 

We are commonly asked by home buyers what is the lowest offer suggested to put in on a home. Typically, any offer that is $10,000 or more below the listing price is considered a low ball offer on a house.

In this market, if you just want to put in a low offer because you want to get a good deal, you will likely not get the house. However, if there is a good reason behind putting in a low offer, you may have a chance at getting the home. In this blog, I will discuss what you should do to increase the chances of your low ball offer being accepted.

Here are a few pointers for putting in a low ball offer on a home:

1.)   Research Market Conditions- Since the real estate market is very hot right now, you have to take that into consideration when submitting an offer on a home. Sellers may not consider a low ball offer just because homes are selling so quickly right now. We see changes in the market all the time. If we move into a buyer’s market, you may have a better chance at buying a home for a lower price. Bottom line, you have to thoroughly understand your market.

2.)    Do Your Homework- How long has the home been on the market? How much do homes in the same neighborhood sell for? What condition is the home in? How well do homes in the neighborhood appreciate? These are all questions you need answers to before you put in an offer.

3.)    Respect the Sellers- Low ball offers can offend sellers. It is best to be as respectful as possible when submitting your offer. I would suggest asking your REALTOR to write an email along with the offer or make a phone call to the listing agent that explains your rationale behind your offer. The homework you have done on the home will come in handy when explaining your rationale. Were you unable to find comps in the neighborhood that reflected the listing price? Did the condition and time on market justify a lower offer? Whatever the reason is, explaining yourself sometimes lessens the blow.

4.)    Have Your Finances in Order- If you are going to put in a lowball offer, make sure you can present a preapproval letter right away. If your offer is low, you need to make sure that everything else looks attractive when the offer is presented. Sellers like to see that you are preapproved regardless of the price of the offer. However, it could help your case a little bit if you are submitting a lower priced offer. If you are submitting a cash offer, your proof of funds should be submitted along with the offer.

5.)    Submit a Clean Offer- If you are going to put in a low offer, make sure your offer is as clean as possible. In section 25 of the sales contract, you can list other provisions. Examples of other provisions would be the swing set to remain; seller to have the oven professionally cleaned; seller to have a ghost inspection; closing to be 90-120 days from now; sale contingent on getting another job; etc. If you are putting in a low offer on a home, you really don’t want to ask for much from the seller. It is best to keep your offer as simple and clean as possible.

Hopefully, this advice will leverage you to get your low offer accepted. I will reiterate that lower offers can be very difficult to get accepted. This advice won’t guarantee to get your offer accepted; however, it could increase your chances.

What are your thoughts on low offers on a home? Do you have any questions or comments regarding the topic? Leave your comments and questions below. As always, feel free to contact the Hollinden Team regarding the real estate market: 502-429-3866.

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Low Ball Offers on Homes: Real Estate Offer Strategy

Low Ball Offers on Homes: 5 Real Estate Offer Strategies

Low Ball Offers on Homes

I think we can all agree that we would love to find a good deal on a home. However, low ball offers aren’t always realistic, especially in our current market conditions.

Even though we are moving into the fall season, homes are still selling at a rapid pace. Currently, we are still in a seller’s market in Louisville. It is very common to see a home that is in good condition sell within a day and sometimes within a few hours. We anticipate seeing this trend continue on until November. 

We are commonly asked by home buyers what is the lowest offer suggested to put in on a home. Typically, any offer that is $10,000 or more below the listing price is considered a low ball offer on a house.

In this market, if you just want to put in a low offer because you want to get a good deal, you will likely not get the house. However, if there is a good reason behind putting in a low offer, you may have a chance at getting the home. In this blog, I will discuss what you should do to increase the chances of your low ball offer being accepted.

Here are a few pointers for putting in a low ball offer on a home:

1.)   Research Market Conditions- Since the real estate market is very hot right now, you have to take that into consideration when submitting an offer on a home. Sellers may not consider a low ball offer just because homes are selling so quickly right now. We see changes in the market all the time. If we move into a buyer’s market, you may have a better chance at buying a home for a lower price. Bottom line, you have to thoroughly understand your market.

2.)    Do Your Homework- How long has the home been on the market? How much do homes in the same neighborhood sell for? What condition is the home in? How well do homes in the neighborhood appreciate? These are all questions you need answers to before you put in an offer.

3.)    Respect the Sellers- Low ball offers can offend sellers. It is best to be as respectful as possible when submitting your offer. I would suggest asking your REALTOR to write an email along with the offer or make a phone call to the listing agent that explains your rationale behind your offer. The homework you have done on the home will come in handy when explaining your rationale. Were you unable to find comps in the neighborhood that reflected the listing price? Did the condition and time on market justify a lower offer? Whatever the reason is, explaining yourself sometimes lessens the blow.

4.)    Have Your Finances in Order- If you are going to put in a lowball offer, make sure you can present a preapproval letter right away. If your offer is low, you need to make sure that everything else looks attractive when the offer is presented. Sellers like to see that you are preapproved regardless of the price of the offer. However, it could help your case a little bit if you are submitting a lower priced offer. If you are submitting a cash offer, your proof of funds should be submitted along with the offer.

5.)    Submit a Clean Offer- If you are going to put in a low offer, make sure your offer is as clean as possible. In section 25 of the sales contract, you can list other provisions. Examples of other provisions would be the swing set to remain; seller to have the oven professionally cleaned; seller to have a ghost inspection; closing to be 90-120 days from now; sale contingent on getting another job; etc. If you are putting in a low offer on a home, you really don’t want to ask for much from the seller. It is best to keep your offer as simple and clean as possible.

Hopefully, this advice will leverage you to get your low offer accepted. I will reiterate that lower offers can be very difficult to get accepted. This advice won’t guarantee to get your offer accepted; however, it could increase your chances.

What are your thoughts on low offers on a home? Do you have any questions or comments regarding the topic? Leave your comments and questions below. As always, feel free to contact the Hollinden Team regarding the real estate market: 502-429-3866.

...

Low Ball Offers on Homes: Real Estate Offer Strategy

Low Ball Offers on Homes: 5 Real Estate Offer Strategies

Low Ball Offers on Homes

I think we can all agree that we would love to find a good deal on a home. However, low ball offers aren’t always realistic, especially in our current market conditions.

Even though we are moving into the fall season, homes are still selling at a rapid pace. Currently, we are still in a seller’s market in Louisville. It is very common to see a home that is in good condition sell within a day and sometimes within a few hours. We anticipate seeing this trend continue on until November. 

We are commonly asked by home buyers what is the lowest offer suggested to put in on a home. Typically, any offer that is $10,000 or more below the listing price is considered a low ball offer on a house.

In this market, if you just want to put in a low offer because you want to get a good deal, you will likely not get the house. However, if there is a good reason behind putting in a low offer, you may have a chance at getting the home. In this blog, I will discuss what you should do to increase the chances of your low ball offer being accepted.

Here are a few pointers for putting in a low ball offer on a home:

1.)   Research Market Conditions- Since the real estate market is very hot right now, you have to take that into consideration when submitting an offer on a home. Sellers may not consider a low ball offer just because homes are selling so quickly right now. We see changes in the market all the time. If we move into a buyer’s market, you may have a better chance at buying a home for a lower price. Bottom line, you have to thoroughly understand your market.

2.)    Do Your Homework- How long has the home been on the market? How much do homes in the same neighborhood sell for? What condition is the home in? How well do homes in the neighborhood appreciate? These are all questions you need answers to before you put in an offer.

3.)    Respect the Sellers- Low ball offers can offend sellers. It is best to be as respectful as possible when submitting your offer. I would suggest asking your REALTOR to write an email along with the offer or make a phone call to the listing agent that explains your rationale behind your offer. The homework you have done on the home will come in handy when explaining your rationale. Were you unable to find comps in the neighborhood that reflected the listing price? Did the condition and time on market justify a lower offer? Whatever the reason is, explaining yourself sometimes lessens the blow.

4.)    Have Your Finances in Order- If you are going to put in a lowball offer, make sure you can present a preapproval letter right away. If your offer is low, you need to make sure that everything else looks attractive when the offer is presented. Sellers like to see that you are preapproved regardless of the price of the offer. However, it could help your case a little bit if you are submitting a lower priced offer. If you are submitting a cash offer, your proof of funds should be submitted along with the offer.

5.)    Submit a Clean Offer- If you are going to put in a low offer, make sure your offer is as clean as possible. In section 25 of the sales contract, you can list other provisions. Examples of other provisions would be the swing set to remain; seller to have the oven professionally cleaned; seller to have a ghost inspection; closing to be 90-120 days from now; sale contingent on getting another job; etc. If you are putting in a low offer on a home, you really don’t want to ask for much from the seller. It is best to keep your offer as simple and clean as possible.

Hopefully, this advice will leverage you to get your low offer accepted. I will reiterate that lower offers can be very difficult to get accepted. This advice won’t guarantee to get your offer accepted; however, it could increase your chances.

What are your thoughts on low offers on a home? Do you have any questions or comments regarding the topic? Leave your comments and questions below. As always, feel free to contact the Hollinden Team regarding the real estate market: 502-429-3866.

...

5 Most Common Myths About Buying a Home

5 Most Common Real Estate Myths

Working in real estate, the Hollinden Team often hears many myths associated with purchasing a home. We decided to debunk some of the most popular myths that we hear often:

•    You Must Pay Your Buyer’s Agent’s Commission- When you are purchasing a home, you are not required to pay your buyer’s agent’s commission. The seller pays the listing agent’s commission.  The listing agent, in turn, shares their commission with the buyer’s agent.  There are some extremely rare cases where the buyer can pay some commission, but that is another whole article.

•    You Need to Have Perfect Credit- This myth is far from true. There are many loan programs available that lend to buyers with credit scores as low as 620; some loan programs lend to buyers with credit scores as low as 550! The loan process may take a little bit longer and the buyer may have to provide more paperwork than normal. However, lending to buyers will less than perfect credit is possible.  The advantage of owning versus renting greatly overshadows the amount of trouble to get this loan.

•    You Must Have 20 Percent Down Payment- Putting 20 percent down on a mortgage loan is ideal if you have the funds. Putting a 20 percent down payment helps homebuyers avoid paying Private Mortgage Insurance (PMI or MI). There are many loan programs available that allow as low as one percent down. VA loans actually allow you to put zero percent down on the home if you are a veteran.

•    Home Inspections Aren’t Necessary on New Construction- One of our most recent blogs about home inspections touched on this issue. There is a very interesting story on this blog about new construction home inspection that you will want to read! Bottom line, a home inspection is highly recommended for new construction homes. It is always good to have a second set of eyes looking at new construction homes once it is completed.

•    Prequalified and Preapproved Mean the Same Thing- When a lender prequalifies you for a loan, the lender will ask for basic information so that he/she can determine how much you can afford. Getting preapproved by a lender requires a lender to evaluate your financial information and credit score. You will also have to submit a mortgage application.

Can you think of any other common myths about buying a home? Feel free to comment below with any questions regarding this article. Feel free to give the Hollinden Team a call regarding all of your real estate questions: 502-429-3866.

...

5 Most Common Myths About Buying a Home

5 Most Common Real Estate Myths

Working in real estate, the Hollinden Team often hears many myths associated with purchasing a home. We decided to debunk some of the most popular myths that we hear often:

•    You Must Pay Your Buyer’s Agent’s Commission- When you are purchasing a home, you are not required to pay your buyer’s agent’s commission. The seller pays the listing agent’s commission.  The listing agent, in turn, shares their commission with the buyer’s agent.  There are some extremely rare cases where the buyer can pay some commission, but that is another whole article.

•    You Need to Have Perfect Credit- This myth is far from true. There are many loan programs available that lend to buyers with credit scores as low as 620; some loan programs lend to buyers with credit scores as low as 550! The loan process may take a little bit longer and the buyer may have to provide more paperwork than normal. However, lending to buyers will less than perfect credit is possible.  The advantage of owning versus renting greatly overshadows the amount of trouble to get this loan.

•    You Must Have 20 Percent Down Payment- Putting 20 percent down on a mortgage loan is ideal if you have the funds. Putting a 20 percent down payment helps homebuyers avoid paying Private Mortgage Insurance (PMI or MI). There are many loan programs available that allow as low as one percent down. VA loans actually allow you to put zero percent down on the home if you are a veteran.

•    Home Inspections Aren’t Necessary on New Construction- One of our most recent blogs about home inspections touched on this issue. There is a very interesting story on this blog about new construction home inspection that you will want to read! Bottom line, a home inspection is highly recommended for new construction homes. It is always good to have a second set of eyes looking at new construction homes once it is completed.

•    Prequalified and Preapproved Mean the Same Thing- When a lender prequalifies you for a loan, the lender will ask for basic information so that he/she can determine how much you can afford. Getting preapproved by a lender requires a lender to evaluate your financial information and credit score. You will also have to submit a mortgage application.

Can you think of any other common myths about buying a home? Feel free to comment below with any questions regarding this article. Feel free to give the Hollinden Team a call regarding all of your real estate questions: 502-429-3866.

...

5 Most Common Myths About Buying a Home

5 Most Common Real Estate Myths

Working in real estate, the Hollinden Team often hears many myths associated with purchasing a home. We decided to debunk some of the most popular myths that we hear often:

•    You Must Pay Your Buyer’s Agent’s Commission- When you are purchasing a home, you are not required to pay your buyer’s agent’s commission. The seller pays the listing agent’s commission.  The listing agent, in turn, shares their commission with the buyer’s agent.  There are some extremely rare cases where the buyer can pay some commission, but that is another whole article.

•    You Need to Have Perfect Credit- This myth is far from true. There are many loan programs available that lend to buyers with credit scores as low as 620; some loan programs lend to buyers with credit scores as low as 550! The loan process may take a little bit longer and the buyer may have to provide more paperwork than normal. However, lending to buyers will less than perfect credit is possible.  The advantage of owning versus renting greatly overshadows the amount of trouble to get this loan.

•    You Must Have 20 Percent Down Payment- Putting 20 percent down on a mortgage loan is ideal if you have the funds. Putting a 20 percent down payment helps homebuyers avoid paying Private Mortgage Insurance (PMI or MI). There are many loan programs available that allow as low as one percent down. VA loans actually allow you to put zero percent down on the home if you are a veteran.

•    Home Inspections Aren’t Necessary on New Construction- One of our most recent blogs about home inspections touched on this issue. There is a very interesting story on this blog about new construction home inspection that you will want to read! Bottom line, a home inspection is highly recommended for new construction homes. It is always good to have a second set of eyes looking at new construction homes once it is completed.

•    Prequalified and Preapproved Mean the Same Thing- When a lender prequalifies you for a loan, the lender will ask for basic information so that he/she can determine how much you can afford. Getting preapproved by a lender requires a lender to evaluate your financial information and credit score. You will also have to submit a mortgage application.

Can you think of any other common myths about buying a home? Feel free to comment below with any questions regarding this article. Feel free to give the Hollinden Team a call regarding all of your real estate questions: 502-429-3866.

...

What is a Home Inspection?

Home Inspection in Kentucky

What is a home inspection?

A home inspection is likely one of the most important parts of a home purchase process. Without a home inspection, how would you know if everything in your new home is in safe and working order? A home inspection is a way to protect the buyer from purchasing a home that is unsafe or will need costly repairs. Every buyer of a home is given the opportunity to conduct a home inspection, even if the home is sold-as-is.

A general home inspection isn’t only meant for previously owned single family homes. A home inspection is strongly suggested for new construction homes, patio homes, condominiums, and townhomes as well.

Here is the reason why:

Steve Dobbs represented a buyer purchasing a new construction home a few years ago. Believe it or not, the home inspector found that the new construction home needed a brand new roof! New construction homes almost always provide a builder’s warranty. However, you still need a home inspection. This goes to show it is better to be safe than sorry.  The builder should not be offended; it is another set of eyes looking over the home.

Typically, it is written in the contract that the buyer has anywhere between 10-14 days to conduct a home inspection. You will want to schedule your home inspection ASAP. Especially during the spring and summer, home inspectors get booked very quickly. You need to make sure that your home inspection and repair request are completed within the time frame listed in the sales contract. Home inspections range between $300-$500.

Usually home inspection companies also offer radon inspections and termite inspections. Both of these inspections are strongly advised. Homes in Kentucky are susceptible to radon and especially in our five county area. Steve Dobbs wrote a great article regarding radon in Kentucky homes. A termite inspection usually ranges from $50 to $100 and a radon inspection is between $100 to $200.

Home inspection usually range from two to three hours, depending on the size of the home. We usually advise our clients to come to the home inspection an hour before it is complete for the wrap-up. This way, the inspector has plenty of time to evaluate the home and has no distractions. At the wrap-up, he will go over his concerns and show you important things such as the main water valve shut off.  The home inspector is mainly looking for repairs that will needed involving functionality and safety. Cosmetic repairs will be overlooked.

What will your home inspector look for?

A home inspector will generally examine the following:

-          Foundation of home

-          Frame of the home

-          Roof

-          Plumbing

-          Electrical

-          Heating system

-          Cooling system

-          Interior (doors, walls, floors, stairs, etc.)

-          Exterior (driveway, porch, sidewalks, rails, brick or siding, etc.)

-          Fireplace

-          Insulation and ventilation

What happens after the home inspection?

After your inspector has completed the inspection, he will sit down with you and discuss his findings. Usually he or she will have a computer with pictures to show you the areas in your home that need repair. The home inspector is performing a general home inspection.  He may be uncomfortable with an issue and recommend that an expert in that particular field also inspect the issue in question.  A good example will be a foundation or structural issue.

Within a day, your inspector will email you and your REALTOR a written home inspection report that includes pictures and descriptions of the areas that need to be fixed. If you had a termite or radon inspection, these reports will come in a separate report.  You and your REALTOR will look over the home inspection report to determine what you will ask the seller to repair. The list may be long or short.  Oftentimes, if the list is lengthy, we focus on the most important issues.  At this point, if you do not like the findings of the home inspection, you are legally able to walk away from the real estate transaction.

 Always keep in mind, no home is perfect, especially older homes. It is almost unheard of for a home inspector to find absolutely nothing wrong with a home. Even if there are major issues with the home, you can always ask the seller to repair these issues in the repair request.

Do you have any additional questions or comments about home inspections? Please feel free to share below. We would love to answer any questions you may have.

...

What is a Home Inspection?

Home Inspection in Kentucky

What is a home inspection?

A home inspection is likely one of the most important parts of a home purchase process. Without a home inspection, how would you know if everything in your new home is in safe and working order? A home inspection is a way to protect the buyer from purchasing a home that is unsafe or will need costly repairs. Every buyer of a home is given the opportunity to conduct a home inspection, even if the home is sold-as-is.

A general home inspection isn’t only meant for previously owned single family homes. A home inspection is strongly suggested for new construction homes, patio homes, condominiums, and townhomes as well.

Here is the reason why:

Steve Dobbs represented a buyer purchasing a new construction home a few years ago. Believe it or not, the home inspector found that the new construction home needed a brand new roof! New construction homes almost always provide a builder’s warranty. However, you still need a home inspection. This goes to show it is better to be safe than sorry.  The builder should not be offended; it is another set of eyes looking over the home.

Typically, it is written in the contract that the buyer has anywhere between 10-14 days to conduct a home inspection. You will want to schedule your home inspection ASAP. Especially during the spring and summer, home inspectors get booked very quickly. You need to make sure that your home inspection and repair request are completed within the time frame listed in the sales contract. Home inspections range between $300-$500.

Usually home inspection companies also offer radon inspections and termite inspections. Both of these inspections are strongly advised. Homes in Kentucky are susceptible to radon and especially in our five county area. Steve Dobbs wrote a great article regarding radon in Kentucky homes. A termite inspection usually ranges from $50 to $100 and a radon inspection is between $100 to $200.

Home inspection usually range from two to three hours, depending on the size of the home. We usually advise our clients to come to the home inspection an hour before it is complete for the wrap-up. This way, the inspector has plenty of time to evaluate the home and has no distractions. At the wrap-up, he will go over his concerns and show you important things such as the main water valve shut off.  The home inspector is mainly looking for repairs that will needed involving functionality and safety. Cosmetic repairs will be overlooked.

What will your home inspector look for?

A home inspector will generally examine the following:

-          Foundation of home

-          Frame of the home

-          Roof

-          Plumbing

-          Electrical

-          Heating system

-          Cooling system

-          Interior (doors, walls, floors, stairs, etc.)

-          Exterior (driveway, porch, sidewalks, rails, brick or siding, etc.)

-          Fireplace

-          Insulation and ventilation

What happens after the home inspection?

After your inspector has completed the inspection, he will sit down with you and discuss his findings. Usually he or she will have a computer with pictures to show you the areas in your home that need repair. The home inspector is performing a general home inspection.  He may be uncomfortable with an issue and recommend that an expert in that particular field also inspect the issue in question.  A good example will be a foundation or structural issue.

Within a day, your inspector will email you and your REALTOR a written home inspection report that includes pictures and descriptions of the areas that need to be fixed. If you had a termite or radon inspection, these reports will come in a separate report.  You and your REALTOR will look over the home inspection report to determine what you will ask the seller to repair. The list may be long or short.  Oftentimes, if the list is lengthy, we focus on the most important issues.  At this point, if you do not like the findings of the home inspection, you are legally able to walk away from the real estate transaction.

 Always keep in mind, no home is perfect, especially older homes. It is almost unheard of for a home inspector to find absolutely nothing wrong with a home. Even if there are major issues with the home, you can always ask the seller to repair these issues in the repair request.

Do you have any additional questions or comments about home inspections? Please feel free to share below. We would love to answer any questions you may have.

...

What is a Home Inspection?

Home Inspection in Kentucky

What is a home inspection?

A home inspection is likely one of the most important parts of a home purchase process. Without a home inspection, how would you know if everything in your new home is in safe and working order? A home inspection is a way to protect the buyer from purchasing a home that is unsafe or will need costly repairs. Every buyer of a home is given the opportunity to conduct a home inspection, even if the home is sold-as-is.

A general home inspection isn’t only meant for previously owned single family homes. A home inspection is strongly suggested for new construction homes, patio homes, condominiums, and townhomes as well.

Here is the reason why:

Steve Dobbs represented a buyer purchasing a new construction home a few years ago. Believe it or not, the home inspector found that the new construction home needed a brand new roof! New construction homes almost always provide a builder’s warranty. However, you still need a home inspection. This goes to show it is better to be safe than sorry.  The builder should not be offended; it is another set of eyes looking over the home.

Typically, it is written in the contract that the buyer has anywhere between 10-14 days to conduct a home inspection. You will want to schedule your home inspection ASAP. Especially during the spring and summer, home inspectors get booked very quickly. You need to make sure that your home inspection and repair request are completed within the time frame listed in the sales contract. Home inspections range between $300-$500.

Usually home inspection companies also offer radon inspections and termite inspections. Both of these inspections are strongly advised. Homes in Kentucky are susceptible to radon and especially in our five county area. Steve Dobbs wrote a great article regarding radon in Kentucky homes. A termite inspection usually ranges from $50 to $100 and a radon inspection is between $100 to $200.

Home inspection usually range from two to three hours, depending on the size of the home. We usually advise our clients to come to the home inspection an hour before it is complete for the wrap-up. This way, the inspector has plenty of time to evaluate the home and has no distractions. At the wrap-up, he will go over his concerns and show you important things such as the main water valve shut off.  The home inspector is mainly looking for repairs that will needed involving functionality and safety. Cosmetic repairs will be overlooked.

What will your home inspector look for?

A home inspector will generally examine the following:

-          Foundation of home

-          Frame of the home

-          Roof

-          Plumbing

-          Electrical

-          Heating system

-          Cooling system

-          Interior (doors, walls, floors, stairs, etc.)

-          Exterior (driveway, porch, sidewalks, rails, brick or siding, etc.)

-          Fireplace

-          Insulation and ventilation

What happens after the home inspection?

After your inspector has completed the inspection, he will sit down with you and discuss his findings. Usually he or she will have a computer with pictures to show you the areas in your home that need repair. The home inspector is performing a general home inspection.  He may be uncomfortable with an issue and recommend that an expert in that particular field also inspect the issue in question.  A good example will be a foundation or structural issue.

Within a day, your inspector will email you and your REALTOR a written home inspection report that includes pictures and descriptions of the areas that need to be fixed. If you had a termite or radon inspection, these reports will come in a separate report.  You and your REALTOR will look over the home inspection report to determine what you will ask the seller to repair. The list may be long or short.  Oftentimes, if the list is lengthy, we focus on the most important issues.  At this point, if you do not like the findings of the home inspection, you are legally able to walk away from the real estate transaction.

 Always keep in mind, no home is perfect, especially older homes. It is almost unheard of for a home inspector to find absolutely nothing wrong with a home. Even if there are major issues with the home, you can always ask the seller to repair these issues in the repair request.

Do you have any additional questions or comments about home inspections? Please feel free to share below. We would love to answer any questions you may have.

...

Most Expensive Homes For Sale in Louisville

Ever curious to know where the most expensive homes on the Louisville real estate market are located? Louisville currently has several homes listed for over a million dollars! In today’s blog, we are going to look at the top five most expensive homes for sale in Louisville:

1.) 5802 River Road, Louisville, KY 40059

5802 River Road is no longer on the market.             

List Price: $16,000,000

This home is currently the most expensive home listed on the Louisville real estate market. As you could imagine, a home this expensive is going to be impressive! This home features FOUR homes and 148 acres! The main house is a whopping 12,000 square feet. There is also a 20,000 square foot barn with 24 stalls! In addition, there is also a 30,000 square foot outdoor arena and eight paddocks.  This home is listed by First Realty Group.

5802 River Road

5802 River Road

5802 River Road

5802 River Road

2.) 5224 Avish Ln, Harrods Creek, KY 40059

List Price: $4,900,000

This stunning six bedroom and eleven bathroom estate is located on 21 acres with views of the Ohio River. This estate was built in 1905 and is on the National Register of Historic Places. This home features an elevator, indoor pool and solarium, garden house, greenhouse, guest quarters, and so much more. This home is listed by Lenihan Sotheby’s International Realty.

5224 Avish Lane

5224 Avish Ln

5224 Avish Ln

5224 Avish Ln

3.) 15 River Hill Rd, Louisville, KY 40207

List Price: $4,500,000

This home is no longer on the market. This five bedroom and nine bathroom Indian Hills home is a true standout. Some of the many features this home has to offer are Saltwater pool, four car garage, five fireplaces, white marble-clad bathroom, and Control 4 home entertainment and monitoring system. The lovely kitchen includes double dishwasher, marble countertops, Viking gas range, and stainless appliances.  The outdoor is just as impressive and includes 3.86 acres of land. Listed by Lenihan Sotheby’s International Realty.

15 River Hill Rd, Louisville, KY 40207

15 River Hill Rd, Louisville, KY 40207

15 River Hill Rd, Louisville, KY 40207

15 River Hill Rd, Louisville, KY 40207

4.) 3424 Glenview Ave Glenview, KY 40025

List Price: $3,850,000

Gorgeous 12,323 square foot estate in Glenview.  Built in 1998, this home was inspired by Thomas Jefferson’s Monticello. Six bedrooms and seven bathrooms allow for plenty of room for a large family or entertaining. In addition, there is an apartment on the property. Although this home has many magnificent features, two features that really stood out to me are the wine cellar and pool with terrace and pool house. The wine cellar holds up to 2,200 bottles and is climate controlled. The outdoor area of this home is absolutely stunning and the pool area is ideal for entertaining. Listed by Kentucky Select Properties.

3424 Glenview Ave, Glenview, KY 40025

3424 Glenview Ave, Glenview, KY 40025

3424 Glenview Ave, Glenview, KY 40025

3424 Glenview Ave, Glenview, KY 40025

5.) 5505 Juniper Beach Rd, Louisville, KY 40059

List Price: $3,500,000

5505 Juniper Beach Rd. is no longer on the market.

Last but not least is the contemporary four bedroom and six bathroom home named, ‘River Garden House’. This home is located on the Ohio River and has TWO private docks and a seawall. The inside of the home offers many gorgeous panoramic views of the river. A few of the MANY features include elliptical granite, natural stone accents, porcelain travertine, heated floors in the bathroom, heated patio & garden room, elevator, and four car garage. Listed by Gant Hill & Associates, LLC.

5505 Juniper Beach Rd, Louisville, KY 40059

5505 Juniper Beach Rd, Louisville, KY 40059...

Most Expensive Homes For Sale in Louisville

Ever curious to know where the most expensive homes on the Louisville real estate market are located? Louisville currently has several homes listed for over a million dollars! In today’s blog, we are going to look at the top five most expensive homes for sale in Louisville:

1.) 5802 River Road, Louisville, KY 40059

5802 River Road is no longer on the market.             

List Price: $16,000,000

This home is currently the most expensive home listed on the Louisville real estate market. As you could imagine, a home this expensive is going to be impressive! This home features FOUR homes and 148 acres! The main house is a whopping 12,000 square feet. There is also a 20,000 square foot barn with 24 stalls! In addition, there is also a 30,000 square foot outdoor arena and eight paddocks.  This home is listed by First Realty Group.

5802 River Road

5802 River Road

5802 River Road

5802 River Road

2.) 5224 Avish Ln, Harrods Creek, KY 40059

List Price: $4,900,000

This stunning six bedroom and eleven bathroom estate is located on 21 acres with views of the Ohio River. This estate was built in 1905 and is on the National Register of Historic Places. This home features an elevator, indoor pool and solarium, garden house, greenhouse, guest quarters, and so much more. This home is listed by Lenihan Sotheby’s International Realty.

5224 Avish Lane

5224 Avish Ln

5224 Avish Ln

5224 Avish Ln

3.) 15 River Hill Rd, Louisville, KY 40207

List Price: $4,500,000

This home is no longer on the market. This five bedroom and nine bathroom Indian Hills home is a true standout. Some of the many features this home has to offer are Saltwater pool, four car garage, five fireplaces, white marble-clad bathroom, and Control 4 home entertainment and monitoring system. The lovely kitchen includes double dishwasher, marble countertops, Viking gas range, and stainless appliances.  The outdoor is just as impressive and includes 3.86 acres of land. Listed by Lenihan Sotheby’s International Realty.

15 River Hill Rd, Louisville, KY 40207

15 River Hill Rd, Louisville, KY 40207

15 River Hill Rd, Louisville, KY 40207

15 River Hill Rd, Louisville, KY 40207

4.) 3424 Glenview Ave Glenview, KY 40025

List Price: $3,850,000

Gorgeous 12,323 square foot estate in Glenview.  Built in 1998, this home was inspired by Thomas Jefferson’s Monticello. Six bedrooms and seven bathrooms allow for plenty of room for a large family or entertaining. In addition, there is an apartment on the property. Although this home has many magnificent features, two features that really stood out to me are the wine cellar and pool with terrace and pool house. The wine cellar holds up to 2,200 bottles and is climate controlled. The outdoor area of this home is absolutely stunning and the pool area is ideal for entertaining. Listed by Kentucky Select Properties.

3424 Glenview Ave, Glenview, KY 40025

3424 Glenview Ave, Glenview, KY 40025

3424 Glenview Ave, Glenview, KY 40025

3424 Glenview Ave, Glenview, KY 40025

5.) 5505 Juniper Beach Rd, Louisville, KY 40059

List Price: $3,500,000

5505 Juniper Beach Rd. is no longer on the market.

Last but not least is the contemporary four bedroom and six bathroom home named, ‘River Garden House’. This home is located on the Ohio River and has TWO private docks and a seawall. The inside of the home offers many gorgeous panoramic views of the river. A few of the MANY features include elliptical granite, natural stone accents, porcelain travertine, heated floors in the bathroom, heated patio & garden room, elevator, and four car garage. Listed by Gant Hill & Associates, LLC.

5505 Juniper Beach Rd, Louisville, KY 40059

5505 Juniper Beach Rd, Louisville, KY 40059...

Buying Your First Home in Louisville

why should you buy a home in the fall and winter?

Why Should You Buy a Home in the Fall and Winter?

For buyers, the fall and winter can be a great time to purchase a home. This summer has been one of the most competitive real estate markets in years. Buyers purchasing a home this fall and winter may experience a more relaxed environment when searching for a home. Here are a few reasons to buy a home in the fall and winter:

- Sellers are More Serious: The most popular time to put your home on the market is in the spring and summer. If a seller puts their home on the market in the fall or winter, it usually is because they are serious about selling their home. If a seller is serious, sometimes negotiation is easier.

- Competition Amongst Buyers is Lower: More buyers purchase a home in the spring and summer versus the fall and winter. Many buyers that have children like to move into a new home before their children go back to school. You may have an easier time getting the home you want in the fall and winter. In addition, you should have the opportunity to go back to view the property several times before making a decision. This past summer, the competition was so high that buyers were having to make a decision immediately after seeing the home.

Do you have questions about buying a home in the fall and winter? Leave your comments below.

Why use a realtor when buying a home?

Buying Your First Home in Louisville

When you are buying your first home in Louisville, you need a great real estate agent on your side. If you have never purchased a house before, you will need the skills of a seasoned REALTOR to find a home that meets your criteria. Even if you have purchased a home in the past, a REALTOR is necessary. Here are a few reason why:

1.)    Access to all Properties Listed- Did you know that not every home for sale is advertised on large national websites like Zillow? REALTORs pay yearly fees to have access to the MLS. The MLS will show every home for sale in the local market and surrounding areas. Without a REALTOR, you could miss out on several homes for sale.

2.)    Knowledge of Neighborhoods and Schools- REALTORs are your local neighborhood experts. Your REALTOR can help provide information regarding appreciation rates, schools, crime rates, and so much more.

3.)    Up-to-date Information on Real Estate Laws and Regulations- REALTORs are required to attend continued education classes. These classes cover the latest trends and regulations that help REALTORs serve their clients better.

4.)    Price Guidance- Homes are overpriced more often than you would think. Do you really want to pay more for a home than what is worth? Often, buyers will determine a home’s worth based on inaccurate home value tools on the Internet.  A REALTOR will have access to comparable properties that have sold in the area to determine the best price to offer. 

5.)    Negotiation- When you work with a REALTOR, many of the emotional aspects are taken out of the negotiation. In relation to price guidance, if you really love a home that is overpriced, you may be forced to put in a lowball offer. REALTORs have been in this situation before and can present the offer in a diplomatic fashion. Also, there may be additional items in the home that you want to request to remain with the property. Your REALTOR will be able to determine which items would be appropriate to request to stay with the property.

6.)    Strategy- Some sellers are harder to negotiate with than others. This is when you need a great real estate agent with excellent sales strategy. Every seasoned real estate agent has sales strategies to ensure you get the best deal on your home.

7.)    Paperwork- There are loads of paperwork involved in a real estate transaction. A Greater Louisville real estate sales contract alone is seven pages! You’ll also be required to sign numerous documents in addition to the sales contract. These documents are filled with legal terminology and information that are best understood by a seasoned REALTOR.

8.)    Hiring a Buyer’s Agent is Free- The listing agent and buyer’s agent split the commission that the seller pays. You not are required to pay your REALTOR to represent you when you are buying a home.

Do you have any further questions about purchasing your first home? Leave your comments below.

References:

 7 Reasons to Work With a REALTOR®. (n.d.). Retrieved August 29, 2016, from http://realtormag.realtor.org/sales-and-marketing/handouts-for-customers/for-buyers/7-reasons-work-realtor 

buying a home in Louisville in the fall/winter

Buying a House in the Fall and Winter

Although buying a home in the fall and winter in Louisville could be a less competitive time to purchase, there are many factors that buyers tend to forget about when searching for a new home. Follow these tips to ensure you are smart about your next home purchase:

- Driveways: Is the driveway steep? This could make maneuvering in the ice and snow especially difficult.
- HOA: Does your association fees cover snow removal? If not, are the streets city owned? City owned streets should be snow plowed. If the neighborhood has no HOA and the streets are not city owned, driving through the neighborhood could be difficult when it snows.
- Water Drainage: Ideally, you want water to drain away from your house. We don’t have as much evaporation in the winter.
- Windows: How old are the windows? Old windows are less energy efficient. It is important to have windows that are in good condition and newer in the winter.
- Air Conditioner: Although you won’t be using the air conditioning in the winter, you want to make sure that it is going to work for the following summer. This is something that buyers often forget about when buying a home in the winter.
Being a well-prepared buyer and/or seller makes the home buying or selling process a smoother transaction. As a seller, following these tips should help you find success in selling your home quicker. As a buyer, these tips should help you avoid costly repairs and inconvenience when purchasing a home. For more information regarding buying a home or selling your home in the fall and winter, call The Hollinden Team at 502-429-3866.

Why You Should Buy a Home in Louisville Right Now

Why You Should Buy a Home in Louisville Right Now...

Buying Your First Home in Louisville

why should you buy a home in the fall and winter?

Why Should You Buy a Home in the Fall and Winter?

For buyers, the fall and winter can be a great time to purchase a home. This summer has been one of the most competitive real estate markets in years. Buyers purchasing a home this fall and winter may experience a more relaxed environment when searching for a home. Here are a few reasons to buy a home in the fall and winter:

- Sellers are More Serious: The most popular time to put your home on the market is in the spring and summer. If a seller puts their home on the market in the fall or winter, it usually is because they are serious about selling their home. If a seller is serious, sometimes negotiation is easier.

- Competition Amongst Buyers is Lower: More buyers purchase a home in the spring and summer versus the fall and winter. Many buyers that have children like to move into a new home before their children go back to school. You may have an easier time getting the home you want in the fall and winter. In addition, you should have the opportunity to go back to view the property several times before making a decision. This past summer, the competition was so high that buyers were having to make a decision immediately after seeing the home.

Do you have questions about buying a home in the fall and winter? Leave your comments below.

Why use a realtor when buying a home?

Buying Your First Home in Louisville

When you are buying your first home in Louisville, you need a great real estate agent on your side. If you have never purchased a house before, you will need the skills of a seasoned REALTOR to find a home that meets your criteria. Even if you have purchased a home in the past, a REALTOR is necessary. Here are a few reason why:

1.)    Access to all Properties Listed- Did you know that not every home for sale is advertised on large national websites like Zillow? REALTORs pay yearly fees to have access to the MLS. The MLS will show every home for sale in the local market and surrounding areas. Without a REALTOR, you could miss out on several homes for sale.

2.)    Knowledge of Neighborhoods and Schools- REALTORs are your local neighborhood experts. Your REALTOR can help provide information regarding appreciation rates, schools, crime rates, and so much more.

3.)    Up-to-date Information on Real Estate Laws and Regulations- REALTORs are required to attend continued education classes. These classes cover the latest trends and regulations that help REALTORs serve their clients better.

4.)    Price Guidance- Homes are overpriced more often than you would think. Do you really want to pay more for a home than what is worth? Often, buyers will determine a home’s worth based on inaccurate home value tools on the Internet.  A REALTOR will have access to comparable properties that have sold in the area to determine the best price to offer. 

5.)    Negotiation- When you work with a REALTOR, many of the emotional aspects are taken out of the negotiation. In relation to price guidance, if you really love a home that is overpriced, you may be forced to put in a lowball offer. REALTORs have been in this situation before and can present the offer in a diplomatic fashion. Also, there may be additional items in the home that you want to request to remain with the property. Your REALTOR will be able to determine which items would be appropriate to request to stay with the property.

6.)    Strategy- Some sellers are harder to negotiate with than others. This is when you need a great real estate agent with excellent sales strategy. Every seasoned real estate agent has sales strategies to ensure you get the best deal on your home.

7.)    Paperwork- There are loads of paperwork involved in a real estate transaction. A Greater Louisville real estate sales contract alone is seven pages! You’ll also be required to sign numerous documents in addition to the sales contract. These documents are filled with legal terminology and information that are best understood by a seasoned REALTOR.

8.)    Hiring a Buyer’s Agent is Free- The listing agent and buyer’s agent split the commission that the seller pays. You not are required to pay your REALTOR to represent you when you are buying a home.

Do you have any further questions about purchasing your first home? Leave your comments below.

References:

 7 Reasons to Work With a REALTOR®. (n.d.). Retrieved August 29, 2016, from http://realtormag.realtor.org/sales-and-marketing/handouts-for-customers/for-buyers/7-reasons-work-realtor 

buying a home in Louisville in the fall/winter

Buying a House in the Fall and Winter

Although buying a home in the fall and winter in Louisville could be a less competitive time to purchase, there are many factors that buyers tend to forget about when searching for a new home. Follow these tips to ensure you are smart about your next home purchase:

- Driveways: Is the driveway steep? This could make maneuvering in the ice and snow especially difficult.
- HOA: Does your association fees cover snow removal? If not, are the streets city owned? City owned streets should be snow plowed. If the neighborhood has no HOA and the streets are not city owned, driving through the neighborhood could be difficult when it snows.
- Water Drainage: Ideally, you want water to drain away from your house. We don’t have as much evaporation in the winter.
- Windows: How old are the windows? Old windows are less energy efficient. It is important to have windows that are in good condition and newer in the winter.
- Air Conditioner: Although you won’t be using the air conditioning in the winter, you want to make sure that it is going to work for the following summer. This is something that buyers often forget about when buying a home in the winter.
Being a well-prepared buyer and/or seller makes the home buying or selling process a smoother transaction. As a seller, following these tips should help you find success in selling your home quicker. As a buyer, these tips should help you avoid costly repairs and inconvenience when purchasing a home. For more information regarding buying a home or selling your home in the fall and winter, call The Hollinden Team at 502-429-3866.

Why You Should Buy a Home in Louisville Right Now

Why You Should Buy a Home in Louisville Right Now...

Fixer-Upper Home or New Home in Louisville?

So, you are in the market for a new home in Louisville. You see many homes on the Internet, both new and old. Both options seem intriguing. The idea of saving some money on the sales price and buying a fixer-upper home sounds pretty appealing. On the other hand, how nice would it be to move into a home that was brand new and completely move-in ready? How do you make such a tough decision? We will discuss a few factors to help you decide.

What makes rehab homes in Louisville so attractive to buyers? The most obvious reason is the price. Typically, if a home needs a lot of work that the seller isn’t willing to do, the listing price is low. Likewise, fixer-uppers allow buyers to move into more desirable neighborhoods for less money. In addition to saving on the sales price, distressed properties in Louisville provide savings on Jefferson County property taxes. Many times, distressed homes in Louisville allow homeowners to take advantage of a tax credit for their rehabilitation costs. Often this tax credit will apply to historic homes only (Hurwith,2016).

In some cases, rehab homes are eligible for an FHA 203k loan or a rehabilitation loan. Rehab homes can have a lot of character too. With a fixer-upper home, you have the opportunity to create a unique looking home. Many people that fix up an older home are able to add modern day upgrades but still maintain some of the historic charms. Fixer-uppers also allow you to put your own stamp on your home. You are free to design and decorate the home from scratch. 

Fixer-Upper Home in Louisville

Although some of the mentioned factors may seem appealing, rehab homes can be a lot of work as well. First, rehab homes can take a lot of time! Sometimes hiring contractors can speed up the process; however, you may want to try to do some things yourself to save money. Do you have experience making home renovations? If not, anticipate running into some road blocks.  Being new at making home repairs can take even longer and may end up being quite expensive. Do you have the time to invest in a rehab home in Louisville?  You should get many estimates on the cost of the homes repairs before purchasing the home.

Whenever you calculate the estimated cost of renovating the home, make sure to add another 20% to the total cost. In the end, you may find that you will need to hire a contractor after all. Another factor to keep in mind is that although you may be getting a good deal by buying a fixer-upper home in Louisville, you are still going to be spending a lot of money on repairs. This is the number one issue for people purchasing distressed properties in Louisville. You must have a source of cash to make the repairs on the home.

In addition to upfront repairs and renovations, if it is an older home expect the unexpected. Older homes have a tendency to have many issues. At any time, a new problem could arise. Of course, there is always a chance that the home would be a candidate for a rehabilitation loan, but don’t count on this. 

Also, don't forget about the permits you will need to make the repairs on your home. A permit can be required for the following repairs: fencing installation, plumbing, electrical work, heating maintenance, and window installation. Typically, if a home renovation costs more than $5,000 you will likely need a permit (Davis, 2014).

Fixer-Upper Home in Louisville

Another thing to consider is whether or not the home is a cosmetic or structural fixer-upper. Many times cosmetic fixer-uppers aren’t nearly as expensive as a structurally distressed property. A structurally distressed property will likely require a lot of work and money. It may be best if a home has structural issues to pass it up.

Fixer-Upper Home in Louisville

Move-in ready homes are obviously the most convenient options. Typically, the home is updated and needs no work. Usually, the only work that may need to be done is just adding your own personal touches to the home. Also, new homes are usually easier to finance. Obviously, your credit score, down payment, etc. play a role in financing as well. However, in general, financing is usually quicker and easier for new homes in Louisville. Newer homes are also more energy efficient and cost you a lot less on electric bills. 

Move-In Ready Home in Louisville

Of course, there are downsides to purchasing a new home. New homes are expensive. Because they are move-in ready, you are charged more than you would be if you were buying a distressed property. Move-in ready homes also don’t allow much room to customize. Move-in ready homes usually match the seller’s taste. If it is a new construction, sometimes you are limited to only a few styles of homes to choose from. There may be many things you like about the home but a few that you don’t. The problem is that you are already spending so much on the home that there may not be room for improvements. Also, new homes can have issues too. Just because a home is a new construction doesn’t mean that no problems will arise. You need to do a thorough investigation on the builder prior to purchasing a new home.

Hopefully this information will provide some guidance for you when it comes time to buy a home. The Hollinden Team has closed several transactions involving distressed homes in Louisville. If you have questions about homes in Louisville or surrounding counties, feel free to call the Hollinden Team at (502) 429-3866.

 References

 Davis, A. (2014, October 6). Which Home Improvement Projects Require a Permit? Retrieved June 24, 2016, from https://www.redfin.com/blog/2014/10/which-home-improvement-projects-require-a-permit.html 
 Hurwith, J. (2016, January 20). Fixer-Upper Vs. Move-In Ready: Pros & Cons. Retrieved June 24, 2016, from http://www.improvenet.com/a/fixer-upper-vs-move-in-ready-pros-cons 
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Fixer-Upper Home or New Home in Louisville?

So, you are in the market for a new home in Louisville. You see many homes on the Internet, both new and old. Both options seem intriguing. The idea of saving some money on the sales price and buying a fixer-upper home sounds pretty appealing. On the other hand, how nice would it be to move into a home that was brand new and completely move-in ready? How do you make such a tough decision? We will discuss a few factors to help you decide.

What makes rehab homes in Louisville so attractive to buyers? The most obvious reason is the price. Typically, if a home needs a lot of work that the seller isn’t willing to do, the listing price is low. Likewise, fixer-uppers allow buyers to move into more desirable neighborhoods for less money. In addition to saving on the sales price, distressed properties in Louisville provide savings on Jefferson County property taxes. Many times, distressed homes in Louisville allow homeowners to take advantage of a tax credit for their rehabilitation costs. Often this tax credit will apply to historic homes only (Hurwith,2016).

In some cases, rehab homes are eligible for an FHA 203k loan or a rehabilitation loan. Rehab homes can have a lot of character too. With a fixer-upper home, you have the opportunity to create a unique looking home. Many people that fix up an older home are able to add modern day upgrades but still maintain some of the historic charms. Fixer-uppers also allow you to put your own stamp on your home. You are free to design and decorate the home from scratch. 

Fixer-Upper Home in Louisville

Although some of the mentioned factors may seem appealing, rehab homes can be a lot of work as well. First, rehab homes can take a lot of time! Sometimes hiring contractors can speed up the process; however, you may want to try to do some things yourself to save money. Do you have experience making home renovations? If not, anticipate running into some road blocks.  Being new at making home repairs can take even longer and may end up being quite expensive. Do you have the time to invest in a rehab home in Louisville?  You should get many estimates on the cost of the homes repairs before purchasing the home.

Whenever you calculate the estimated cost of renovating the home, make sure to add another 20% to the total cost. In the end, you may find that you will need to hire a contractor after all. Another factor to keep in mind is that although you may be getting a good deal by buying a fixer-upper home in Louisville, you are still going to be spending a lot of money on repairs. This is the number one issue for people purchasing distressed properties in Louisville. You must have a source of cash to make the repairs on the home.

In addition to upfront repairs and renovations, if it is an older home expect the unexpected. Older homes have a tendency to have many issues. At any time, a new problem could arise. Of course, there is always a chance that the home would be a candidate for a rehabilitation loan, but don’t count on this. 

Also, don't forget about the permits you will need to make the repairs on your home. A permit can be required for the following repairs: fencing installation, plumbing, electrical work, heating maintenance, and window installation. Typically, if a home renovation costs more than $5,000 you will likely need a permit (Davis, 2014).

Fixer-Upper Home in Louisville

Another thing to consider is whether or not the home is a cosmetic or structural fixer-upper. Many times cosmetic fixer-uppers aren’t nearly as expensive as a structurally distressed property. A structurally distressed property will likely require a lot of work and money. It may be best if a home has structural issues to pass it up.

Fixer-Upper Home in Louisville

Move-in ready homes are obviously the most convenient options. Typically, the home is updated and needs no work. Usually, the only work that may need to be done is just adding your own personal touches to the home. Also, new homes are usually easier to finance. Obviously, your credit score, down payment, etc. play a role in financing as well. However, in general, financing is usually quicker and easier for new homes in Louisville. Newer homes are also more energy efficient and cost you a lot less on electric bills. 

Move-In Ready Home in Louisville

Of course, there are downsides to purchasing a new home. New homes are expensive. Because they are move-in ready, you are charged more than you would be if you were buying a distressed property. Move-in ready homes also don’t allow much room to customize. Move-in ready homes usually match the seller’s taste. If it is a new construction, sometimes you are limited to only a few styles of homes to choose from. There may be many things you like about the home but a few that you don’t. The problem is that you are already spending so much on the home that there may not be room for improvements. Also, new homes can have issues too. Just because a home is a new construction doesn’t mean that no problems will arise. You need to do a thorough investigation on the builder prior to purchasing a new home.

Hopefully this information will provide some guidance for you when it comes time to buy a home. The Hollinden Team has closed several transactions involving distressed homes in Louisville. If you have questions about homes in Louisville or surrounding counties, feel free to call the Hollinden Team at (502) 429-3866.

 References

 Davis, A. (2014, October 6). Which Home Improvement Projects Require a Permit? Retrieved June 24, 2016, from https://www.redfin.com/blog/2014/10/which-home-improvement-projects-require-a-permit.html 
 Hurwith, J. (2016, January 20). Fixer-Upper Vs. Move-In Ready: Pros & Cons. Retrieved June 24, 2016, from http://www.improvenet.com/a/fixer-upper-vs-move-in-ready-pros-cons 
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Why We Love Rock Springs!

As real estate agents with REMAX Champions, we have a chance to see homes all over the Louisville area.  We are really impressed with Homes for Sale in Rock Springs.  The first thing we like is the location which is in the up and coming east end of Louisville.  We like modern homes and all the homes in Rock Springs have a modern flair. Homearama shows in 2012 and 2013 were held here, so you know that builders hold this area in high esteem as well.

The entrance to Rock Springs is quite impressive and welcomes visitors with a taste of more to come as they enter.
Rock Springs is still evolving with room for expansion.  They have new concepts with Villas at Rock Springs featuring stand-alone garden homes and The Reserves at Rock Springs being the newest elite homes section.  This development works with 14 different builders giving you the choice of many home plans and ideas.  This is definitely not a cookie-cutter neighborhood.  RJ Thieneman developed the subdivision and is still actively involved in its expansion.
Rock Springs has a nature trail that is located off Rock Bluff Drive.  Here we have some wide open green space as well as plenty of trees to give us a back to nature feel.  There is nothing like a playground for the kids and Rock Springs offers this first class amenity located right off Pebble Creek Drive.  For those wanting a little more physical exertion, there are parks, Glen Oaks golf course, and a YMCA located nearby at Norton Commons.
The location and quality of the shopping in the area is another big plus.  Kroger has rebuilt and modernized their store on Brownsboro Road.  The Paddock Shops are close by and have an eclectic feel along with several high quality restaurants.   Brownsboro Crossing is ever expanding with a Cabelas store and a recently opened World of Beer location.
Be sure to contact the agents at The Hollinden Team as we have a unique perspective as Rock Springs is home to us having lived here for several years. We know about the elite homes in the area and will be happy to show you around.

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Why We Love Rock Springs!

As real estate agents with REMAX Champions, we have a chance to see homes all over the Louisville area.  We are really impressed with Homes for Sale in Rock Springs.  The first thing we like is the location which is in the up and coming east end of Louisville.  We like modern homes and all the homes in Rock Springs have a modern flair. Homearama shows in 2012 and 2013 were held here, so you know that builders hold this area in high esteem as well.

The entrance to Rock Springs is quite impressive and welcomes visitors with a taste of more to come as they enter.
Rock Springs is still evolving with room for expansion.  They have new concepts with Villas at Rock Springs featuring stand-alone garden homes and The Reserves at Rock Springs being the newest elite homes section.  This development works with 14 different builders giving you the choice of many home plans and ideas.  This is definitely not a cookie-cutter neighborhood.  RJ Thieneman developed the subdivision and is still actively involved in its expansion.
Rock Springs has a nature trail that is located off Rock Bluff Drive.  Here we have some wide open green space as well as plenty of trees to give us a back to nature feel.  There is nothing like a playground for the kids and Rock Springs offers this first class amenity located right off Pebble Creek Drive.  For those wanting a little more physical exertion, there are parks, Glen Oaks golf course, and a YMCA located nearby at Norton Commons.
The location and quality of the shopping in the area is another big plus.  Kroger has rebuilt and modernized their store on Brownsboro Road.  The Paddock Shops are close by and have an eclectic feel along with several high quality restaurants.   Brownsboro Crossing is ever expanding with a Cabelas store and a recently opened World of Beer location.
Be sure to contact the agents at The Hollinden Team as we have a unique perspective as Rock Springs is home to us having lived here for several years. We know about the elite homes in the area and will be happy to show you around.

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Why We Love Rock Springs!

As real estate agents with REMAX Champions, we have a chance to see homes all over the Louisville area.  We are really impressed with Homes for Sale in Rock Springs.  The first thing we like is the location which is in the up and coming east end of Louisville.  We like modern homes and all the homes in Rock Springs have a modern flair. Homearama shows in 2012 and 2013 were held here, so you know that builders hold this area in high esteem as well.

The entrance to Rock Springs is quite impressive and welcomes visitors with a taste of more to come as they enter.
Rock Springs is still evolving with room for expansion.  They have new concepts with Villas at Rock Springs featuring stand-alone garden homes and The Reserves at Rock Springs being the newest elite homes section.  This development works with 14 different builders giving you the choice of many home plans and ideas.  This is definitely not a cookie-cutter neighborhood.  RJ Thieneman developed the subdivision and is still actively involved in its expansion.
Rock Springs has a nature trail that is located off Rock Bluff Drive.  Here we have some wide open green space as well as plenty of trees to give us a back to nature feel.  There is nothing like a playground for the kids and Rock Springs offers this first class amenity located right off Pebble Creek Drive.  For those wanting a little more physical exertion, there are parks, Glen Oaks golf course, and a YMCA located nearby at Norton Commons.
The location and quality of the shopping in the area is another big plus.  Kroger has rebuilt and modernized their store on Brownsboro Road.  The Paddock Shops are close by and have an eclectic feel along with several high quality restaurants.   Brownsboro Crossing is ever expanding with a Cabelas store and a recently opened World of Beer location.
Be sure to contact the agents at The Hollinden Team as we have a unique perspective as Rock Springs is home to us having lived here for several years. We know about the elite homes in the area and will be happy to show you around.

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Vacant House Bites

Warning graphic images follow!  Not really, but what follows is one of the perils of showing foreclosed vacant homes.

This story starts with a bank repossession house that I have listed in the west end of Louisville.  Last week, I did a routine check of the interior of the house including the basement.  I then went outside for a visual check of the roof.  As I got back in my car, I noticed lots of black specks on my light gray pants.  I quickly got out of the car and brushed off my pants getting rid of the insects that were attracted to me.  I never thought a whole lot more about it until later the next day.  While I was drying myself off after my morning shower, I noticed several red spots on my leg.  Examining further, I see that they start at my sock line.

Flea bites on Tim Hollinden leg

I am thinking about what I have done to deserve these red spots, which I am quickly determining to be insect bites.  I think back to my visit to the west end listing.  Then it hits me!! Two weeks previous, a cat had gained entry into the house and died on the basement steps.  The property management company disposed of it and that problem was solved.  However, after 2 weeks, the fleas on the cat were getting a little hungry.  Enter the first warm-blooded mammal, and dinner was served.

Flea bites on Tim Hollinden leg

Should I have known better? YES.  Is this my first rodeo? NO.

So, here comes The Hollinden Team recommendations for showing vacant houses.

  1. Clothing is crucial.  Sandals and shorts are not a good idea anytime you are showing foreclosed homes for a myriad of reasons.
  2. Some big rubber bands can be helpful.  Wrap these around your lower pants leg and it will slow the migration to warm, juicy, flesh.  The clips that a biker uses may work as well.
  3. Insect repellent with “DEET” should work well.  I have never had any issues with fleas above my knee-line.  By the time that fleas arrive at my knees, they are fully gorged.
  4. Send in a sacrificial animal first to walk around.  Just kidding!

 As I finish this, there are still more questions.  Did I bring any fleas into my car?  Worse yet, did I bring any into our home?  Fumigating the car will be my first step in preventing more fleabites.

If you want to know more about Foreclosed Homes in Louisville KY, contact Steve Dobbs or any member of The Hollinden Team.

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Vacant House Bites

Warning graphic images follow!  Not really, but what follows is one of the perils of showing foreclosed vacant homes.

This story starts with a bank repossession house that I have listed in the west end of Louisville.  Last week, I did a routine check of the interior of the house including the basement.  I then went outside for a visual check of the roof.  As I got back in my car, I noticed lots of black specks on my light gray pants.  I quickly got out of the car and brushed off my pants getting rid of the insects that were attracted to me.  I never thought a whole lot more about it until later the next day.  While I was drying myself off after my morning shower, I noticed several red spots on my leg.  Examining further, I see that they start at my sock line.

Flea bites on Tim Hollinden leg

I am thinking about what I have done to deserve these red spots, which I am quickly determining to be insect bites.  I think back to my visit to the west end listing.  Then it hits me!! Two weeks previous, a cat had gained entry into the house and died on the basement steps.  The property management company disposed of it and that problem was solved.  However, after 2 weeks, the fleas on the cat were getting a little hungry.  Enter the first warm-blooded mammal, and dinner was served.

Flea bites on Tim Hollinden leg

Should I have known better? YES.  Is this my first rodeo? NO.

So, here comes The Hollinden Team recommendations for showing vacant houses.

  1. Clothing is crucial.  Sandals and shorts are not a good idea anytime you are showing foreclosed homes for a myriad of reasons.
  2. Some big rubber bands can be helpful.  Wrap these around your lower pants leg and it will slow the migration to warm, juicy, flesh.  The clips that a biker uses may work as well.
  3. Insect repellent with “DEET” should work well.  I have never had any issues with fleas above my knee-line.  By the time that fleas arrive at my knees, they are fully gorged.
  4. Send in a sacrificial animal first to walk around.  Just kidding!

 As I finish this, there are still more questions.  Did I bring any fleas into my car?  Worse yet, did I bring any into our home?  Fumigating the car will be my first step in preventing more fleabites.

If you want to know more about Foreclosed Homes in Louisville KY, contact Steve Dobbs or any member of The Hollinden Team.

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Vacant House Bites

Warning graphic images follow!  Not really, but what follows is one of the perils of showing foreclosed vacant homes.

This story starts with a bank repossession house that I have listed in the west end of Louisville.  Last week, I did a routine check of the interior of the house including the basement.  I then went outside for a visual check of the roof.  As I got back in my car, I noticed lots of black specks on my light gray pants.  I quickly got out of the car and brushed off my pants getting rid of the insects that were attracted to me.  I never thought a whole lot more about it until later the next day.  While I was drying myself off after my morning shower, I noticed several red spots on my leg.  Examining further, I see that they start at my sock line.

Flea bites on Tim Hollinden leg

I am thinking about what I have done to deserve these red spots, which I am quickly determining to be insect bites.  I think back to my visit to the west end listing.  Then it hits me!! Two weeks previous, a cat had gained entry into the house and died on the basement steps.  The property management company disposed of it and that problem was solved.  However, after 2 weeks, the fleas on the cat were getting a little hungry.  Enter the first warm-blooded mammal, and dinner was served.

Flea bites on Tim Hollinden leg

Should I have known better? YES.  Is this my first rodeo? NO.

So, here comes The Hollinden Team recommendations for showing vacant houses.

  1. Clothing is crucial.  Sandals and shorts are not a good idea anytime you are showing foreclosed homes for a myriad of reasons.
  2. Some big rubber bands can be helpful.  Wrap these around your lower pants leg and it will slow the migration to warm, juicy, flesh.  The clips that a biker uses may work as well.
  3. Insect repellent with “DEET” should work well.  I have never had any issues with fleas above my knee-line.  By the time that fleas arrive at my knees, they are fully gorged.
  4. Send in a sacrificial animal first to walk around.  Just kidding!

 As I finish this, there are still more questions.  Did I bring any fleas into my car?  Worse yet, did I bring any into our home?  Fumigating the car will be my first step in preventing more fleabites.

If you want to know more about Foreclosed Homes in Louisville KY, contact Steve Dobbs or any member of The Hollinden Team.

...

Vacant House Bites

Warning graphic images follow!  Not really, but what follows is one of the perils of showing foreclosed vacant homes.

This story starts with a bank repossession house that I have listed in the west end of Louisville.  Last week, I did a routine check of the interior of the house including the basement.  I then went outside for a visual check of the roof.  As I got back in my car, I noticed lots of black specks on my light gray pants.  I quickly got out of the car and brushed off my pants getting rid of the insects that were attracted to me.  I never thought a whole lot more about it until later the next day.  While I was drying myself off after my morning shower, I noticed several red spots on my leg.  Examining further, I see that they start at my sock line.

Flea bites on Tim Hollinden leg

I am thinking about what I have done to deserve these red spots, which I am quickly determining to be insect bites.  I think back to my visit to the west end listing.  Then it hits me!! Two weeks previous, a cat had gained entry into the house and died on the basement steps.  The property management company disposed of it and that problem was solved.  However, after 2 weeks, the fleas on the cat were getting a little hungry.  Enter the first warm-blooded mammal, and dinner was served.

Flea bites on Tim Hollinden leg

Should I have known better? YES.  Is this my first rodeo? NO.

So, here comes The Hollinden Team recommendations for showing vacant houses.

  1. Clothing is crucial.  Sandals and shorts are not a good idea anytime you are showing foreclosed homes for a myriad of reasons.
  2. Some big rubber bands can be helpful.  Wrap these around your lower pants leg and it will slow the migration to warm, juicy, flesh.  The clips that a biker uses may work as well.
  3. Insect repellent with “DEET” should work well.  I have never had any issues with fleas above my knee-line.  By the time that fleas arrive at my knees, they are fully gorged.
  4. Send in a sacrificial animal first to walk around.  Just kidding!

 As I finish this, there are still more questions.  Did I bring any fleas into my car?  Worse yet, did I bring any into our home?  Fumigating the car will be my first step in preventing more fleabites.

If you want to know more about Foreclosed Homes in Louisville KY, contact Steve Dobbs or any member of The Hollinden Team.

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The Dobbs Team first Flip

Steve Dobbs has worked with several buyers for investment homes in the Louisville area and we have scored some really good deals for our investors.  We had one of our remodeling experts call about a house in Highgate Springs that needed a lot of work.  We did a little homework on the Jefferson County PVA site and the Louisville MLS to learn about the neighborhood of Highgate Springs. Jo and I met the owners at the property to check it out.

Front view of 3214 Radiance Louisville KY

We knew a little history of the property as the current owners bought it in 1965 and lived there for years.  They moved away and decided to rent the property.  A property management company was hired to look over the affairs of this house.   The renter vacated after several years of renting.  When the sellers got the keys back, they were shocked at the condition of their home.  Many years of neglect had taken its toll.

The bright spot was that it was an all brick home, it had a full basement, and it was in Highgate Springs.  The negatives were the condition of a home built in 1956.  Original windows, furnace, and linoleum flooring had exceeded their useful life.  There was carpet over the hardwood floors in the living room soaked with dog urine.  The deck was rotten and the back yard overgrown.  You get the picture.

Kitchen of 3214 Radiance

We spent about 10 minutes looking at the house and made an offer on the house.  The sellers wanted a few days to think about our offer and see if anyone else would possibly pay more.  They accepted our offer and we closed 3 days later.

Bathroom at 3214 Radiance

Jo and I have worked on a few houses in our lifetime, but this is the first that we have purchased strictly as an investment.  This is our biggest challenge to date and we are using several people to reach our goals.  We will keep you updated on how Steve Dobbs moves on this.  If you have any questions about buying or selling an investment property in Louisville KY, contact The Hollinden Team.

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The Dobbs Team first Flip

Steve Dobbs has worked with several buyers for investment homes in the Louisville area and we have scored some really good deals for our investors.  We had one of our remodeling experts call about a house in Highgate Springs that needed a lot of work.  We did a little homework on the Jefferson County PVA site and the Louisville MLS to learn about the neighborhood of Highgate Springs. Jo and I met the owners at the property to check it out.

Front view of 3214 Radiance Louisville KY

We knew a little history of the property as the current owners bought it in 1965 and lived there for years.  They moved away and decided to rent the property.  A property management company was hired to look over the affairs of this house.   The renter vacated after several years of renting.  When the sellers got the keys back, they were shocked at the condition of their home.  Many years of neglect had taken its toll.

The bright spot was that it was an all brick home, it had a full basement, and it was in Highgate Springs.  The negatives were the condition of a home built in 1956.  Original windows, furnace, and linoleum flooring had exceeded their useful life.  There was carpet over the hardwood floors in the living room soaked with dog urine.  The deck was rotten and the back yard overgrown.  You get the picture.

Kitchen of 3214 Radiance

We spent about 10 minutes looking at the house and made an offer on the house.  The sellers wanted a few days to think about our offer and see if anyone else would possibly pay more.  They accepted our offer and we closed 3 days later.

Bathroom at 3214 Radiance

Jo and I have worked on a few houses in our lifetime, but this is the first that we have purchased strictly as an investment.  This is our biggest challenge to date and we are using several people to reach our goals.  We will keep you updated on how Steve Dobbs moves on this.  If you have any questions about buying or selling an investment property in Louisville KY, contact The Hollinden Team.

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