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Today's Master Commissioner Sale - 01/26/09 07:30 PM
The master commissioner's sale was held today at the McCracken County Courthouse. There were probably 50 people in attendance. Of the many properties I listed in a previous blog here are a few highlighted properties that were sold.
1415 Madison St, lot, appraised at $2,500. Sold for $1,700 1424 Little Avenue, lot, appraised at $5,000. Sold for $3,450 934-936 North 10th Street, appraised for $110,000. Sold for $73,500 2069 Irvin Cobb Drive, former bar or nightclub, appraised at $240,000. Sold for $200,000. This property was previously listed by a couple of in-town agents at a price between $650,000 to $775,000 1724 Monroe, … (0 comments)
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$7,500 tax credit repayment requirement removed? - 01/25/09 07:57 PM
I was just in the car listening to a talk show. The host had Sandy Dunn from the National Association of Home Builders. I thought I heard her say that the repayment requirement of the $7,500 tax credit has been removed. It is now a true tax credit instead of a long term loan.
Anyone else heard this? Is this true? I can't find anything online about this change.
… (9 comments)
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Attended GRI-5 Today - 01/23/09 06:20 PM
Today, myself and 64 other local realtors, attended GRI 5 class in Benton, KY. The class was entitled Systems for Success. For anyone not familar with GRI (Graduate Realtor Institute), it is a series of classes realtors attend for a variety of reasons. Among the many reasons to attend the classes, we learn to better work with buyers, sellers and other agents. We also learn how to conduct business more efficiently.
I particularly like attending these classes because I get to meet new peers and talk with friends. One of the ways we meet new peers is by working in groups on brief group collaborations. We also … (3 comments)
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Court House Auctions January 26 at 1:30pm - 01/18/09 10:40 PM
Many visitors to my web site enjoy checking the foreclosures page on a routine basis. The master commissioner has auctions on the last Monday of each month inside the court house at the bottom of the stairway. A notice is placed in the Paducah Sun on the second Friday of each month listing the properties to be auctioned. The same list is also on display in the hallway near where the auction is held.
Generally, any bank lender foreclosures that are held are purchased back by the lender. These autions are usually not purchased by auction visitors. There are properties to … (1 comments)
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Vacated Church I Sold Turned Into Something Good For Society! - 01/08/09 09:01 PM
In early 2008 a friend of mine that works at the vets office referred my name to a friend of hers that was looking to purchase a church. He called me from his home in Florida. I gathered pictures and information on a couple of churches he wanted info on and emailed them to him.
All the churches were priced really cheap. One of them was in good shape and was being sold by the former church members who had attended. Their families had attended this church for many years and were sad to have to sell it. They were being very particular to who … (2 comments)
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Buy a home, receive a $7,500 interest free loan from the Fed - 01/02/09 07:55 PM
The economy may be in trouble but there are always opportunities regardless of market conditions.
Interest rates are another advantage to home buyers. Rates are about as low as they get. With today's interest rates you can save a ton of money over the length of a 15 or 30 year loan. A few years ago when I refinanced my home loan the length of my loan dropped from 30 years to 15 years. My payment stayed the same.
Another, lesser known advantage to buying a home now is a tax free loan available via the Housing and Economic Recovery Act of … (1 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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