Some might consider this article’s title pure hyperbole. Let me be clear: It’s not. In July of 2012, the Flood Insurance Reform Act was passed. Some of its pieces weren’t “plugged in” until recently, but because of this piece of legislation, buying a certain home now can be like playing Russian roulette. Let’s learn about Louisville flood insurance.
Some people believe that all it takes to get a super deal on a Louisville home sale is to run into a desperate seller who will take a low-ball price. This rarely happens.
Housing finance reform has seen progress since its inception and across the nation, house prices are beginning to bounce back. Here in Louisville, the housing industry has seen significant gains as of August.
Trust. It’s the key facet of every human relationship. Before I became a Realtor, I thought Realtors enjoyed a great reputation. Why? Because my Realtor was a great guy—hardworking and trustworthy. I would refer him to all my friends and family, who each shared glowing recommendations. But how about you? Do you trust your Realtor?
Rather than publish a treatise on a topic. I prefer pictures. I bet you do too!
With our shared interest in mind, I’ve created the following chart to show how Louisville homes have performed in recent years during the housing recession.
A lot of people think about wind or solar-paneled homes when they think about a green Louisville home. While there are certain houses like this available, they are not the norm – yet.
If you have a Louisville home loan you will be paying interest monthly on the whole balance that is still owed. At the beginning, almost all of the payment goes towards paying off the interest. As the years go by, however, less money is put towards the interest and more gets put towards the principal.
It’s essential to pay attention to needed physical changes in a home – which sometimes are as simple as moving kitchen utensils to be within easy reach. But it’s also important to look beyond handrails in the hallways to make sure needs are met that allow older people to live independently.
As a first time Louisville home buyer you may not know exactly what to expect when it comes to house prices or types of homes. It may come as quite a shock to find out exactly what you can afford and what is out of your price range when you’re just starting out.
The watchwords for the Louisville housing market are “cautious optimism” for 2013. As per the home price index issued by CoreLogic Inc., home prices in the region increased by 0.2 percent in December of 2012 compared to what they were a year ago. This is also the biggest annual increase seen since May 2006.
Sometimes there is no way to avoid selling vacant Louisville homes. If you have had a sudden job transfer or need to leave the area quickly for one reason or another, your house may have to be vacant while you are trying to sell it.
In order to be successful in any business you need to make sure that you have a business plan put together and the same is true when you are building a Louisville real estate business company. A business plan for real estate investments is the key to making sure that your business does well and stays afloat.