The Hollinden Team Louisville KY Real Estate Blog

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...

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...

3223 S Winchester Acres Rd, Louisville, KY 40223

3223 S Winchester Acres Road is now under contract.  Stay tuned for future opportunities or call The Hollinden Team at 502-429-3866 for more information homes in Winchester Acres. Welcome to 3223 S Winchester Acres Road! Built in 2003, this custom built brick home is located in the Winchester Acres subdivision off of Old La Grange Road. Drive up to this lovely home and you are greeted by mature trees and a well-maintained landscaping. This home is located on a secluded cul-de-sac, providing privacy for the owners. Walk up to the front of the home and you will see an elegant partially glass front door. The landing to the front door is large, allowing for plenty of room for...

11 Ways to Save for Your Down Payment

Saving for Your Down Payment

Saving for a downpayment on a home can be difficult, especially if it is your first home. I know that when I was saving for my first home, I have to develop a strategy in order to save money each month.

The first question most prospective home buyers ask is, “how much money do I need to put down?” It is most often suggested to have a 20% down payment when purchasing a home. Twenty percent down payment helps avoid Private Mortgage Insurance (PMI). PMI can cost homebuyers several hundreds of dollars a month. If you are unable to put 20% of the sales price down, there are loan options...

USDA Reduces Fees

USDA Reduces Fees

Excellent news! USDA recently made a major reduction in fees charged to borrowers. In this article, we will discuss which fees have been reduced and how you can use our mortgage calculator for USDA loans. First, let's discuss the basics regarding USDA loans: 

What is a USDA loan?

USDA stands for United States Department of Agriculture. The USDA’s Rural Development (RD) loans are for homes in rural areas.  These are commonly referred to as RHS loans or Rural Housing Service loans.  Most of our clients use the guaranteed program as opposed to RHS direct. There are some requirements to obtain an RD loan, including the particular rural area the home is in. Not all rural areas qualify for...

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...