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Kenton County Kentucky Building Lots Starting at $29,000. For 1 1/2 Acres - 06/30/10 05:09 PM
Beautiful building lots with panaramic views located in Kenton County Kentucky.
Exact addresses are 15987 through 15991 Demossville Road
Prices range from $29,000. to $31,000. and average 1.5 acres in size.
Deed restrictions, no mobile homes or doublewides.
… (1 comments)
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Tips To Keep You Cool While Saving Dollars. - 06/30/10 01:41 PM
Summer has arrived. This usually means that the low electric bills experienced during the spring months start to rise. Fans and air conditioners are now kicking into high gear to keep your home cool. The tips below will help keep you cool while saving money:1. Ceiling fans should turn in the counter clockwise direction to create a wind chill effect making you feel cooler. Whole house fans that bring in cool night time air can also help reduce energy.2. Utilize a programmable thermostat. If comfort and health conditions permit, raise your setting from 72 to 75 degrees. You can save 10-15% … (2 comments)
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What To Make Of The Current Slump In Housing? - 06/29/10 10:33 AM
The latest housing numbers released are reminders that long term recoveries don't simply move in one direction. The Commerce Department recently announced that new home sales plunged by 33% in May of 2010. That in turn had an adverse effect on the US stock market which set off negative predictions from some doomsayers. The report came just a day after the NAR (National Association of Realtors) announced that sales of existing homes had also fallen in May by 2.2%. What do I make of all these negative numbers? To begin with consider this: The monthly sales decline didn't occur in a … (0 comments)
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What I Wish More People Knew About My Profession - 06/23/10 07:25 AM
As a real estate professional I've experienced some consumers that have no idea what it's like to do my job. In truth utilizing a real estate agent is something most will do at least seven times in their life. Real estate is a pillar of the global economy as our current challenges prove and yet few people understand it. A home purchase is usually one of the largest financial transactions made for a majority of Americans. Still because they do it infrequently most consumers don't have a clue about the complete process. Impressions of real estate agents are formed more by the … (3 comments)
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Credit Practices When Buying A Home - 06/22/10 01:08 PM
Home buyers need to be aware that it is a bad idea to increase or open new lines of credit shortly before they close on their new home. They should avoid all types of credit activity during the period of time between loan application and closing. New Fannie Mae guidelines, which began June 1, 2010, suggests that lenders run an additional borrower's credit report just prior to their loan closing. Fannie Mae's Loan Quality Initiative was introduced on February 26, 2010. The information stated that during the past three years the need had been highlighted for an improved approach for working … (0 comments)
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Pros And Cons Of Buying An Older Home - 06/16/10 05:47 PM
Older, more established neighborhoods often have beauty that is a site to behold. Large trees keep homes and streets shaded from the hot summer sun. The architecture may be historical, eclectic and seasoned with character. Homes may feature many modern styles with amenities while retaining the original charm and mature setting. Established neighborhoods near the central of a city tend to hold their property value. Older homes can be fantastic but there can also be some drawbacks to watch out for: Up Keep - Older homes typically come with a certain level of necessary repair. Wiring may be dated, ungrounded, or … (0 comments)
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Five Significant Changes In The Housing Market. - 06/13/10 02:21 PM
Now that were are on the bust side of the last real estate boom, the housing market is entering into a completely new environment. REO's (Bank Owned Properties) and distressed properties litter the market. Stricter loan underwriting rules apply. Cash is king and appreciation isn't guaranteed. But buying is still possible if you understand what's changed. To help you stay on the positive side of the equation, here's a look at just some of those changes.
• You need an equity stake. That means don't leverage yourself to the hilt. A larger down payment gives you immediate equity in your home … (0 comments)
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Considering A Move Up? - 06/10/10 06:14 PM
Does your family have another child on the way? Possibly you have an elderly parent with health concerns that needs to move in with you. Maybe you have inherited some money and wish to have a larger home and yard. There is an endless supply of reasons why a family may need to move up to a bigger or nicer, home. Yet is now a good time to move up? Let's take a look at a few issues that will lead you to an answer.
Mortgage Rates: There is a huge difference between buying a home at the current 5 percent … (2 comments)
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Low Rates Create Opportunities For Some. - 06/09/10 08:04 PM
Conventional fixed rate mortgages touched a new low last Friday. The 30-year fixed mortgage rate available to qualified consumers dropped to 4.375%, down from 4.5%. The 15-year fixed rate also declined, from 4% down to 3.875%. It's worth noting mortgage rates have never been this low.
The decline stemmed from a big increase in mortgage backed securities (MBS) prices on Friday. MBS prices which drive mortgage rates in the opposite direction gained dramatically on a poor jobs number and additional European debt concerns. FHA mortgages continue to closely mirror those of their conventional counter parts. Jumbo mortgage rates are also down. Today's 30-year fixed … (0 comments)
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Bargain Markets for Homebuyers and Investors - 06/06/10 05:53 AM
Via Ki Gray - Austin Real Estate:
Since 2007, foreclosures and short sales have littered the real estate market and drove down the price of property and home values. The upside to the down housing market is that homebuyers and investors can find sweet deals in some of the nation's most sought after cities.
If cities like Milwaukee, Memphis, Baltimore and the Big D interest you, then you'll find a honey of a home in any of these metro areas. Though the initial listing price may begin at what properties are currently valued, they are often reduced from 26 to … (3 comments)
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Five Things To Know Before Investing In A Property. - 06/06/10 05:31 AM
1. Money is made when buying.When buying an investment property your money is made at the point of purchase not at the sell. Many times people buy investment property with the intention of making a huge profit only to find out they can not make any money after the repairs and renovations because the purchase price was to high. When you purchase investment property be sure that you buy with enough margin to make the necessary renovations, cover all carrying cost and still turn a profit.
2. Inspect the Property - Get a complete inspection done on your investment property. Spending several hundred dollars on an inspection can save thousands in … (2 comments)
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Shadow Inventory With Steady Rain Likely - 06/03/10 07:11 PM
Hearing a lot these days about shadow inventory? Any reason as a future homebuyer or owner you should be concerned about it? "Shadow Inventory" has various meanings and been defined in different ways over the years. Generally, the term shadow inventory is used to refer to those homes that are not currently listed on the market, but that have the potential to come on as some form of distressed sales (bank owned properties and short sales). This is very different from those homes that are likely to come on the market because their owners have job transfers, decided to move up or to a … (0 comments)
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Longer Term Outlook Positive? - 06/02/10 08:00 PM
Looking at the latest housing numbers released last week by the Commerce Department you'd have to say, we may be on track for an amazing year in sales. Sales of houses and condos in April were up by almost 8 percent and now are 23 percent higher than they were this same time in 2009. Sales of new construction homes also soared in April up 15 percent. They're 48 percent higher than April 2009.
Not too much in these numbers not to like if you are a home owner. And isn't this proof positive that the gloom and doom crowd had it … (0 comments)
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Herb Johnson Northern Kentucky Realtor, Remax
Florence,
KY
More about me…
NKYRealty/ REMAX Affiliates
Address: Florence, KY, 41042
Office Phone: (859) 372-8019
Cell Phone: (859) 372-8019
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