Louisville Homes

I'm a First Time Home Buyer, Where Do I Start?

I'm  a First Time Buyer. Where Do I Start?

Home buying can be intimidating and nerve wracking and rightly so. It's a complex process. However, there is hope for it to not be as overwhelming as all of that. How? By reading a list like that below to start you on your road to home ownership.

Start Here:First Time Home Buyers in Louisville

1. Find a professional and experienced Realtor to work with.  This person will be your "Buyer's Agent". Your Realtor will be a guide and resource to what, when and how to do things. He or she will also manage all of the contracts, deadlines and details for you, making life that much easier.

2. Get pre-approval  for a mortgage with a lender of your choice. This is best done face to face after interviewing a few of them by phone or through email. Your Realtor will suggest a few lenders for you to try from their networking and connections as well as coach you on the right questions to ask.

3. Pick a neighborhood or community you like that is within your price range. Also consider factors such as commuting time, schools and proximity to daily needs. Your Realtor will help you with information on subdivisions and price ranges, but be sure to do some independent research by driving around on your own time to compare and decide.

4. Now it's time to choose. Your Realtor will provide details on all available homes in your area within your budget. After you pick your favorites, your Realtor...

Should We Buy or Sell First in Louisville Real Estate?

Should We Buy or Sell First in Louisville Real Estate?

Sometimes it happens. You are currently making mortgage payments on a home you either still have on the market but hasn't sold OR that you've only considered selling and then it happens. You see your dream house in your ideal neighborhood is for sale and at a stellar price! What do you do?

It is possible to buy a new house before your old one sells, but unless you have serious income, it is risky business and not recommended. Here are some things to look at when considering if buying before selling is a smart move for you:Should we buy first or sell first in Louisville

Benefits of Buying First

It's true that most people are in no position to buy before selling but it's still worth looking at the benefits of doing so before making the ultimate decision. After all, there is a reason that such an idea is crossing your mind.

Everyone wants a great deal and many of us have an idea of our dream home. When an opportunity pops up that meets both of these requirements, how can you not consider it?! The perks are that you can see yourself being perfectly happy living out your days in this home and you can see how much money you'll net when do actually sell your current home. Plus, how nice will it be to have a place to move into immediately once you do sell your current home?!

Then, there's also always the potential of carrying both homes, if you have the finances, and rent your first home out. This is an especially intriguing idea if the ...

Snow Hits Louisville Area - Why are schools open?

Snow Hits Louisville AreaAmazing! Jefferson County Schools open today when ice and snow cover streets and accidents are everywhere! Yet they closed schools earlier in the month because of the mere threat of bad weather. I would bet that the powers that control the school closings took heat for the pre-mature closing and decided to wait this one out.

Looking back now, poor choice don’t you think? Understandably it’s easy to say that now after the storm hit. To the school systems credit, the weather forecasters have a habit of calling for the sky to fall even when nothing happens.  So is this a case of finding as reliable source for weather forecasting accurately?

Admittedly, some of these storms are difficult to predict.  The sweeping storms coming across the U.S. have a tendency to change tracks and past models don’t hold up. Is it me, or is this winter worse than past years. I can remember years when we had several hit and miss storms but this year seams worse for some reason. Could we see a repeat of the Blizzard of 1994?

 For more information about Louisville Real Estate or to work with the hardest working Real Estate Team in Louisville Kentucky “The Sokoler Medley Team” (AKA The Real Estate Bulldogs) at  RE/MAX Properties East  head to https://www.weselllouisville.com or call (502) 376-5483. With a decision this important, it’s nice to have a team of BULLDOGS on your side!