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    8 Little Known Secrets to Sell Your House Fast in Louisville, KY

8 Little Known Secrets to Sell Your House Fast in Louisville, KY

1. Take the risk and price the house right

If you want plenty offers, you need to list your house a little lower than similar properties in your vicinity. Because the house is seen as a bargain, it will generate a lot of interest and you will get multiple bids. You can then choose the highest offer and tell the other buyers about it to give them a chance to make a counter-offer. This could result in you getting a higher price than your original listing price.

2. Create an irresistible first impression

You’ll never have a second chance to make the right first impression.

The outside of your house is the first thing potential buyers see. You want to make people feel warm, welcome and safe as they approach the house. You’re sure to get your investment returned if you buy a few inexpensive shrubs and bright, happy flowers. Make sure that the lawn is trimmed and edged.

Put yourself in your buyer’s shoes as you enter the house. What would make your entrance look attractive to them?

3. Maximize the light in your home

People like houses that have plenty natural light in them.

Remove old, heavy drapery and replace it with something light and airy to allow the natural light to shine into each room. You can clean the windows and cut away any outside plants that block the sunlight into the room. Paint the walls a soft white color, or if you cannot afford it, make sure that all the marks are cleaned off the walls to make the rooms seem brighter.

4. Create a feeling of space

Make your house seem spacious by clearing all possible clutter. Don’t relocate the clutter to your cupboards, as potential buyers are likely […]

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    How to Evaluate Whether to Sell the Family Home During Divorce or Not

How to Evaluate Whether to Sell the Family Home During Divorce or Not

Getting divorced affects everything in your life. During this difficult time you are expected to make decisions that are not easy. These decisions can have an impact on you financially long after the divorce. Understanding your options and their potential consequences will help a lot in finding the best solutions for your circumstances.

Whether to sell or keep the family home is a major decision. Not only is it a major financial decision, but it may be fraught with emotion as well. Here are some options and what to consider.

Before deciding whether to sell the family home or to keep it, do your homework.

What is your house worth in the current real estate market?
What is the debt on the house?
Could you be better off taking or giving other assets in exchange for your share in the family home (ie. retirement account or brokerage account)?
What would be the benefits of selling / keeping your home?

Options for keeping the family home
Keeping your house comes with certain responsibilities.

Can you afford to make the monthly mortgage payments?
Will you be able to refinance the house and put it onto your own name?
If you keep the house and something breaks, can you afford to have it fixed (eg. replace the roof)
Will you be able to keep up with the maintenance of the house?

If you want the house and can afford it, then keep the house. Real estate is an excellent investment and you should be able to see the returns on the long term.

1.  You can buy out your spouse’s share of the family home and keep it.

If the original mortgage is in both your names, you will have to refinance it on your own merit. Make sure that this is […]

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    6 Best Ways to Stop Foreclosure of your Home in Louisville KY

6 Best Ways to Stop Foreclosure of your Home in Louisville KY

Receiving a letter in the mail from your bank threatening foreclosure is a daunting experience. The threat of the house you’ve worked so hard for being taken away from you can easily reduce you into a quaking bundle of fear. It is bad to lose your home. What if you lose the house and you still owe money if the sale of the house does not cover your loan balance? What is this going to do to your credit rating?

You might feel that you cannot cope with it and ignore the letter. Unfortunately, this makes matters worse. Procrastinating will most certainly cause you to lose your home.

Don’t let your fear of foreclosure prevent you from taking action. Ask yourself: Can I stop this foreclosure and save my home?

The sooner you do something about it, the better your chance of preventing foreclosure.

So what options are available to you when you’re faced with foreclosure?

1.       Make your mortgage payment your top priority.

If you’re in serious financial trouble, prioritize your debt. This means that paying for your house is your top priority. Other debts like credit cards must be temporarily ignored (even though you’re bound to get threatening phone calls and it could affect your credit rating). If you’re in a temporary financial setback, consider selling some of your assets. Sources of cash can include any savings you have, unemployment insurance, disability insurance, or even selling your car. Do everything in your ability to pay your mortgage on time.

2.       Contact your lender the moment your financial situation changes.

Don’t procrastinate if you’re going to be late on a payment. Don’t wait for a letter from the bank. It is not in the bank’s best interests to foreclose on your […]

By |June 18th, 2014|Foreclosure|0 Comments|
  • should i sell my house as is
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    Should you fix up your home or sell it as is in Louisville, KY?

Should you fix up your home or sell it as is in Louisville, KY?

Most home buyers look for a house that is move-in ready.

Buyers who buy houses “as is” often want to make a profit by fixing the house themselves. They will expect a discount on the price of the home to allow for repairs and for their inconvenience while doing the repairs. You need to consider a few questions to decide whether or not it will be worth your time, effort and money to fix up your home before selling it or not.

1.       How quickly do you need to sell your house?

Repairing your house takes time, especially when you have structural defects.  If you need to sell because you cannot afford the mortgage or because you have bought another home, you should sell your house “as is” to reduce the money you need to pay each month.

If you have more time to sell your house, you may be able to fetch a higher selling price if you do some renovations.

2.       What repairs should be done? Are they large or small?

Before deciding which repairs should be done, look at other homes in your neighbourhood. What is their condition compared to your house? What renovations have they done? If they have all upgraded their bathrooms, it might be worth upgrading yours as well.

If your house has significant defects it will take more time and money to fix it.

There are, however, small repairs that you can do that will increase interest in your home.

These can include:

Patching all the holes and cracks in walls and ceilings
Repairing leaking faucets
Replacing worn carpeting
Repainting walls with neutral paint
Replacing broken windows
Replacing old window coverings

Sometimes reinvention, not renovation is needed. Focus on showing your house in its best light. This can be done by thoroughly cleaning […]

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    3 Steps to Sell Your House Quickly to Avoid Foreclosure in Louisville KY

3 Steps to Sell Your House Quickly to Avoid Foreclosure in Louisville KY

You may be having financial troubles with your house because your adjustable-rate mortgage has reset to a rate you can’t afford, or you’ve experienced a major financial setback such as losing your job. Foreclosure might seem like the only option.

However, before accepting the seemingly inevitable, take a step back. If you sell your house quickly, you will be able to avoid foreclosure.

This isn’t easy. The foreclosure process won’t just stop simply because you are trying to sell your house. You also need to keep in mind that with the real estate market in such a slump, this may be quite a challenge. A house can sit on the market from 6 months to a year without any real offers. So how do you increase your chances of selling your house quickly to avoid foreclosure?

1.  Price your home right

You may have bought your home for thousands more than what similar homes are selling for in your neighbourhood at the moment. Unfortunately you have only two options here:

Hold out for the highest price to recover the money you invested which most likely will end in foreclosure
Avoid the seven-year black mark that foreclosure will leave on your credit report by pricing your home aggressively. Pricing your home aggressively means giving a low price to the house.

Think like a buyer would.

Buyers are not interested in paying premium prices for a home just because that’s what you owe.
Buyers will focus on properties whose sellers seem realistic about pricing
Buyers will be interested in getting a bargain (Tip: When a home is slightly underpriced, it seems like a bargain. You’ll attract more buyers and your change of getting a qualified offer increases significantly.)

You want to appear within the price range potential […]

7 Steps on How to Sell Your House Yourself in Louisville KY

Have you ever wondered how to be your own real estate agent selling your home? Below is a step by step guide by Jason Steele.
1. How To Price Your Home to Sell
Before you list the property on the Multiple Listing Service (MLS) or anywhere else, make sure you’ve priced the home competitively. Use the Internet to get an idea of selling prices for comparable  homes in your neighborhood, and then price your house accordingly.

It’s easy to get hung up on this step and, especially if you’ve lived in your home for some time, you may feel compelled to overprice the home. Don’t fall into that trap. Remember, the goal of this process is to sell your home, so make sure the asking price is realistic.
2. How To Market Your Property
In addition to listing the home on the MLS, advertise by putting up “for sale” signs, creating brochures, putting ads on Craigslist, and building a web site to market the property. offers home-selling packages for homeowners that begin at $69.95. The marketing packages include items like brochures and yard signs. There will be some costs involved in advertising the sale of your home, but they will be a fraction of an agent’s commission. The real cost is the amount of time and energy you will need to put into selling your home.
3. How To Hold an Open House
You can also hold an open house to advertise the sale of your home. Advertise for the open house by posting signs in your neighborhood. Have some light refreshments available and set out brochures about the home that visitors can take with them as they leave.
4. How To Know Your Property’s Selling Points
When writing your ad copy for websites or […]

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