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Master Commissioner's Sale - 08/25/08 10:11 PM
Today I went to the McCracken County Master Commissioner's Sale. It was held at 1:30pm inside the courthouse at the steps going upstairs. This was my first time attending one of these so when I had always heard someone saying "courthouse steps" I always thought they meant outside. Turns out it's inside.
Up for auction today were 11 properties. Four properties were removed from the list as a sale or something had enabled their removal from the list. Properties ranged from around $23,000 to $229,000. There were probably 30 to 40 people there. I noticed a couple of other agents there. I … (12 comments)
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New roof not so new! - 08/25/08 10:17 AM
I had a pleasant conversation with a friend of mine yesterday at his step-granddaughter's birthday party. We began talking about housing sales and such and I started telling him some horror stories of a property I was familiar with. One such story was about a time in his life he lived in Alexander County, IL. This is at the far southern tip of Illinois and is very, very rural. His business of home repair and building new homes found a severe lacking of dependable people in that part of the state.
One of his stories was about a deaf home owner. He … (4 comments)
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Does Buyers Market mean good times for FSBOs? - 08/21/08 08:24 AM
I talk to FSBO sellers all the time trying to get their listing. I have mixed results. They are usually persistent or know another agent that they intend to list with if they can't sell it themselves in a short period of time.
Some of these FSBOs are marketing their house completely wrong. I was driving the Cascade Hills neighborhood recently and noticed out of maybe 10 homes in this small subdivision that 5 were for sale. Two were listed and 3 were FSBO. These sellers may not realize that most buyers capable of purchasing their home doesn't drive around neighborhoods or look in the newspaper looking for homes … (4 comments)
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Another twist on lower home prices - 08/19/08 11:25 AM
I just found this article on Fool.com. I read the articles here sometime but I don't always pay too much attention to their stock recommendation because they sell advertising and newsletters and such that I believe taints their opinions.
This article talks of the writers Home Equity Line of Credit. He says he always counted on using it in the event of an emergency. He received a letter recently from Citi Bank that his HELOC had been suspended because they believe the value of his home had decreased, thus, affecting his line of credit.
http://www.fool.com/investing/dividends-income/2008/08/19/your-house-is-not-an-emergency-fund.aspx
… (8 comments)
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Courthouse Auctions - 08/17/08 01:46 PM
I've always wanted to attend one of these so I know the who, where, what and such. On August 25th at 1:30pm, two McCracken County special commissioners will hold special auctions at the courhouse to auction off real estate that has been foreclosed on. The properties are valued anywhere from $24,000 to $229,000 and come from a variety of lenders. Monies received will be used to satisfy judgements for the properties, late fees, interest charges, plantiff costs, attorney fees and other legal fees.
… (1 comments)
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College starts next week! - 08/15/08 11:07 PM
My kids think I'm crazy. But I'm excited. My wife supports it.
College starts Monday. Why does that excite me? Because I'm taking 4 classes this semester.
When I got my real estate license I took the two required classes at the college instead of paying a big fee for an online class. After I completed the classes I took the test and jumped right in to real estate with big plans for the future.
Since then, I've continued taking classes with plans to obtain an MBA. It's by no means a short term plan. I'm still working on my associate … (6 comments)
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Houston woman cited for disturbing the peace in Wal Mart - 08/14/08 10:15 AM
I saw this in the news yesterday. It's about a woman who was cursing in a Houston Wal Mart while holding her two year old daughter. Not thinking anything about her cursing while referring to the batteries Wal Mart was out of for her flashlight, a fireman, who just happened to also a certified peace officer, asked her to refrain from talking like that. She told him to mind his own business after seeing his firefighter badge. She also gave him a piece of her mind which included a few more curse words. He asked her to go outside away from shoppers. … (8 comments)
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Home selling stats - 08/11/08 09:34 PM
I checked stats today in the Wet Kentucky MLS as described below. These stats are comparing Jan -Aug 2007 against Jan - Aug 2008. Red denotes a decrease.
The average sale price of a home rose from $124,000 to $127,000
The average sale price of land decreased from $70,000 to $46,000
… (0 comments)
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Living Standards? What are those? - 08/08/08 02:11 PM
During my lunch break today I toured a home that was placed on the market yesterday. This home is a couple properties over from my own house. I considered purchasing it a couple of years ago. The home was in too bad of condition for me to purchase it and make repairs at that time. I was also interested in it for the reason of purchasing the property between my lot and that lot so I could clear the trees off and make my front yard much larger and add more value to my property.
Shortly after I didn't buy it 2 … (1 comments)
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Paducah Water bill credit for swimming pool - 08/06/08 08:48 AM
Michelle, a client of mine, told me recently that Paducah Water (PWW) gives a one time credit each year to customers that fill a swimming pool. She mentioned this after we were talking about our pools and I told her it cost me nearly $25 to fill our portable pool at my house. That's when she told me PWW gives a one time credit for that initial fill.
I called the water works and they confirmed that was the policy until the board changed it. So I got my credit of nearly $25 on my water bill. I'm sure if they advertised this they'd … (1 comments)
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More marketing ideas - 08/05/08 10:58 PM
As many agents do, I'm always looking for new ways to market my listings and find new ones, especially, during these slow times. While reading RIS Media's Real Estate magazine this month I found a few new ways to find prospects that I hadn't seen before. These ideas were in an article written by Darryl Davis. The magazine only had the first 5 or 15 ideas listed so I cheated and found them all online here. Listed below are a few intriguing ideas that might work for me.
The first interesting idea I found was working a high turnover area. This article described printing a list … (6 comments)
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Bill Dunn
Paducah,
KY
More about me…
Elite Realty Group
Address: 4645 Village Square Drive, Suite 157, Paducah, KY, 42001
Office Phone: (270) 444-6522
Cell Phone: (270) 994-3749
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