Selling Your Home in Kentucky

Selling Your Home Great photos are essential in marketing a house for sale. Many people who've shopped for a house lately understand the influence of high quality photos in marketing materials-especially when looking at listings on-line. Ninety-eight percent of home buyers who searched for a house online said that pictures had been among the most […] Read more »

Think Like an Appraiser

Think Like an Appraiser Remodeling The appraiser sees: An expensive custom made entertainment center What he does: Makes a NEGATIVE adjustment to valuation Why: Cost DOES NOT EQUAL value.  This is so important when remodeling. Renovations that are trendy or not in demand, will actually be negatively assessed at the cost of ripping them out. […] Read more »

Kentucky Home Sales – Inventory

Kentucky Home Sales Inventory The sharp increase in demand for housing has led to an equally powerful decline in the inventory of houses for sale. Tight supplies have led to home price appreciation and pockets of new construction. Moreover, with roughly 11 million property owners underwater and builders nonetheless hesitant to build, supplies are most […] Read more »

Kentucky Home Sales – Pricing

Home Pricing Following a national home value bottom in Q2, the housing marketplace has continued on a positive streak through the summer months. July marks the eighth consecutive month of appreciation, based on July Real Estate Market Reports, which were released today. Nationally, home values rose 0.5 percent from June to July. In addition, the […] Read more »

Think Like an Appraiser Part Three

Think Like an Appraiser Part Three The Market The Appraiser hears: Two nearby homes just went into contract for more than their asking price What he does: Nothing Why? While a broker might pump up the area and tell everyone it is hot or desirable, an appraiser thinks differently. Appraisers are bound by the data […] Read more »

Think Like an Appraiser

Appraisals Appraisals are coming in much less than homeowners and homebuyers forecast. It can be very frustrating when a a home owner spends thousands of dollars to up grade their home and the appraisal does not take into consideration one penny of the money spent. Below is a series of blogs on what apprasers look […] Read more »

Think Like an Appraiser

Appraisals Appraisals are coming in much less than homeowners and homebuyers forecast.  It can be very frustrating when a a home owner spends thousands of dollars to up grade their home and the appraisal does not take into consideration one penny of the money spent.  Below is a series of blogs on what apprasers look […] Read more »

Mortgage Rates

Mortgage Rates The average mortgage rate for a 30-year fixed rate mortgage hit another all-time low last week based on Freddie Mac. Last week’s average mortgage rate was 3.49 percent, breaking the 3.5 percent threshold and more than a full point beneath the 4.55 percent average mortgage rate from a year ago at this time. […] Read more »

Mortgage Refinancing

Mortgage Refinancing What is H.A.R.P? The Obama Administration’s Home Affordable Refinance Program (HARP) is designed to help property owners refinance their mortgages – even when they owe more than the home’s present value. 9 out of 10 eligible Property owners fail to take advantage of this government program. If you’re current on your mortgage, with […] Read more »