Do It Yourself or NOT! - 05/28/10 08:24 AM

Via Captain Wayne Rowlett (Rowlett Real Estate School):
When to leave your home improvement projects to a professional
The honey dew list or a few little projects you have in mind around the house. Some of them you can do yourself, like painting the bathroom. Others are more challenging, like installing a new exterior door. Do you accept the challenge and start shopping for a door, or should you hire a professional? Before you get in over your head, ask yourself these questions. Do I have the time?Many projects take weeks rather than days, especially if you're doing it yourself in your … (1 comments)

Overseas Instability Lowers Mortgage Rates Here - 05/28/10 06:53 AM
Freddie Mac released the results of its Primary Mortgage Market Survey in which the 30-year fixed-rate mortgage averaged 4.78 percent for the week ending May 27, 2010, down from last week when it averaged 4.84 percent. Last year at this time, the 30-year FRM averaged 4.91 percent. The 30-year FRM has not been lower since the week ending December 3, 2009, when it averaged 4.71 percent.

The 15-year FRM this week averaged 4.21 percent, a year ago at this time, the 15-year FRM averaged 4.53 percent. The 15-year FRM has not been lower since Freddie Mac started tracking the 15-year FRM … (1 comments)

The Meaning Of Realtor - 05/27/10 06:13 AM
At times the real estate world can be quite overwhelming. Pre approval letters, listings, showings, offers, inspections, appraisals, negotiations and loans. The terminology alone can be enough to confuse even the brightest of people. Some people use the names "Realtor" and "real estate agent" interchangeably.  But did you know that  not all real estate agents are Realtors®? Take a moment to find out what a Realtor® can offer you.
Both "real estate agent" and "Realtors" are licensed professionals, but the term "Realtor" is a registered trademark which means that your agent is a member of the National Association of Realtors which was founded … (1 comments)

Simple Ways To Manage Debt And Save For A Home - 05/22/10 06:05 AM
Managing your finances is an important step towards owning a home. Whether this your first home, or you are looking to move-up, managing your families debt is important.
One of  the most important fundamentals of debt management is being accountable. Just exactly what does that mean? Being accountable means taking an honest look at your families budget and spending. The trip to Starbucks every morning on the way to work, cash withdrawals without any record, or even desert with dinner adds up to money spent.
One way to increase your families accountability is to use debit cards for all of your purchases. Debit cards are offered by nearly every … (0 comments)

What Can You Control? - 05/18/10 07:16 AM
After visiting South Florida for a week, I was finally flying home. I decided to standby for an earlier flight. I presented my standby request to the gate representative, and watched as the room began to fill with other passengers.
After an hour, they began boarding the plane and calling standby passengers to board. I watched as not just one, but a dozen people were called ahead of me. The room was nearly empty and the flight was loaded. About five minutes before the gate was to close, my name was called.
What frustrates me though was that I spent probably six hours stressing over whether … (3 comments)

1007 Hunterallen Drive Florence, Kentucky 41042 $178,000. - 05/17/10 12:11 PM
Price Just Reduced by $10,000! New Low Price, $178,000.
Beautiful like new home, located in Cul-de-sac offers double windows, 2nd floor laundry, walk in closets in every bedroom, finished basement and rear patio with privacy. Click below for a virtual tour. http://1007hunterallendrive.eproptour.com
… (0 comments)

FHA Loan Costs Rising! - 05/16/10 08:58 PM
Coming soon to FHA-backed loans: Higher FICO scores and more cash at closing. The changes are needed to help keep the agency afloat. FHA-backed home loans are about to become more expensive and harder to get.
The details took effect in April: Borrowers will need higher credit scores and more cash at closing to get the lower interest rates and cheaper insurance of FHA-backed mortgages and refinanced loans. 
The rules are changing because the Federal Housing Administration is in a financial hole. It's been paying out more to cover defaulted loans than it's taking in from mortgage-insurance premiums. The imbalance has drained agency reserves to … (2 comments)

Keep Getting Back Up! - 05/12/10 06:52 AM
Most people would agree that professional football is a rough and even sometimes violent sport. Years ago, during a Monday-night football game between the Chicago Bears and the New York Giants, one of the announcers Frank Gifford observed that Walter Payton, the Bears' hall-of-fame running back, had accumulated over nine miles in yardage by running with the football. While that was a fact it was also true that he on average got knocked down every 4.6 yards!
To put that in perspective consider the following. In a mile there is roughly 5200 feet. Take that number 5200 and times it by 9 that equals 46,800 … (0 comments)

What Investors And Statistics Are Saying About The Real Estate Market Moving Forward. - 05/10/10 06:41 AM
Just read an article where Warren Buffett and a group of top corporate leaders are weighing in on a key issue that's crucial to a sustained real estate recovery: How long will the good economic news we've been getting lately continue? Is there going to be a let down later in the second half of the year or is the current slow economic growth pattern a long term trend? Mr. Buffet told annual stockholders of Berkshire Hathaway who gathered in Omaha that the economy is showing significant and persistent improvement for the first time since the first quarter of 2008. Other top … (3 comments)

Real Estate And Our Economy, How Are They Connected? - 05/07/10 03:51 PM
Most have watched the real estate market wondering what lies ahead. While no one can predict the future various government programs for delinquent and financially challenged homeowners reveals a disturbing fact. The delinquency trends for all the types of loans are up.
Wait you say those aren't those just sub prime loans I hear about on the news? Does it really matter if it's prime or sub prime? The national average is 13.2% for total non-current home owners. This statistic counts both delinquencies and foreclosures. The largest market, California ranks at 15%, Illinois at 14%, Pennsylvania at 10.7%, and Florida, the … (1 comments)

Ten Steps To Prepare Your Home For A Showing - 05/04/10 09:18 AM
Imagine that a prospective buyer and their agent just made an appointment to see your home. Now what? A purchase decision can be made or not during the showing. How can you prepare your home to show at it's best potential? 1. Your first course of action should be removing clutter. Clutter distracts the mind and the imagination. A potential buyer needs to be able to see themselves and their family in your home. By limiting the disorder created by clutter you can give your house an advantage over competition who is lesser prepared. 2. The next step is to clean. Have carpets … (2 comments)

804 Willard Street Covington, Kentucky 41015 $106,000. - 05/02/10 09:52 PM
 
Two family. Two 1 bdrm units. Rents $1100 month. Off street parking. In the heart of Main Strauss.
$107,500.00
 

… (0 comments)

2744 Shamu Drive Hebron, Kentucky 41048 $149,500. - 05/02/10 09:45 PM
Excellent value. Price Reduced over $20,000. This home features and extra large family rm, full finished LL with walkout located in a c-d-s. Many upgrades include a super eff furnace and Trane A/C, plus a new roof 09. New carpet 1st fl, custom tile fireplace. A nice deck overlooking back yard. Click below for a virtual tour.       Price $149,500.
http://2744shamudrive.eproptour.com
… (0 comments)

1007 Hunterallen Drive Florence, Kentucky 41042 $182,500. - 05/02/10 09:41 PM
Beautiful like new home, located in Cul-de-sac offers double windows, 2nd floor laundry, walk in closets in every bedroom, finished basement and rear patio with privacy. Click below for a virtual tour.               Reduced to $182,500.
http://1007hunterallendrive.eproptour.com
… (0 comments)

Baby Boomers Start A Downsizing Trend? - 05/01/10 09:30 AM
It's a fact, baby boomers want to feel connected. Many decide to downgrade after their kids go off to college or move out on their own. The size of the home they raised their family in just is too big after the kids leave. However, it's more than just the size of their living quarters that makes them want to buy again. Previously there was a preconceived idea that senior citizens retire, move to Florida, Arizona or into a community of their same demographic. Yet there is a changing mindset emerging. Aging baby boomers no longer want to be in isolated places. … (1 comments)

 
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Herb Johnson Northern Kentucky Realtor, Remax

Florence, KY

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NKYRealty/ REMAX Affiliates

Address: Florence, KY, 41042

Office Phone: (859) 372-8019

Cell Phone: (859) 372-8019

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