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What Is My Home Worth?

Our FREE service provides you with your home's current market value and suggested selling price.

Friday, February 08, 2019

10816 Sun Ridge Rd, Goshen, KY 40026

Motivated Seller! Welcome to 10816 Sun Ridge Rd! This 4 bedroom, 3.5 bath home in Old Taylor Place is stunning and very unique! It portrays a luxury farmhouse feel with it's oak wood beams throughout and the open floor plan. The house welcomes you ...  Read More

Friday, February 08, 2019

Hiring a Real Estate Agent

Tips on Hiring a Real Estate Agent Before hiring a real estate agent, interview 3 agents. That’s right 3! Many people are of the opinion that all real estate agents are created equal. Nothing can be further from the truth. Just to name one ...  Read More


THE CLOSING OF YOUR LOUISVILLE DREAM HOME

HERE'S HOW IT WORKS:

  • Closings are often held at the title company’s office but are may be at the real estate office or some other acceptable location.
  • Funds that buyers or sellers will pay or receive are detailed on a standard form called a HUD-1. All expenses or proceeds to both parties are shown on this 2-page form.
  • In most cases, buyers and sellers are both present, along with an attorney.
  • Realtors® and lenders don't have to be present but usually are.
  • Typically, sellers will sign the deed of the property over to the buyers in front of the attorney.
  • Buyers will sign the mortgage -- an 18-page standard document which pledges the home to the lender as collateral for the loan.
  • Attorneys will collect up-front payment from buyers to fund "escrow accounts", which enable the lender to pay your homeowners insurance, property taxes, etc.
  • Both parties will be asked to sign many legal forms -- disclosures, agreements to let the attorneys correct any errors discovered after the closing, etc.
  • Realtors® are paid by closing attorney out of the sellers' proceeds.
  • Sellers walk away from the closing table with a check and the buyers with keys to their dream home!

It sounds complicated, and it is -- but all of this is done by people who do it every day. It's made simple for the buyer and seller by the Realtor® and his/her trusted associates.