Baby Boomers Start Downsizing Trend. - 09/30/10 04:20 PM
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 … (10 comments)

For Sale By Owners: Worth the hassle? - 09/30/10 06:43 AM
For-sale-by-owner residential transactions are less than 15% of all home listings nationwide. According to a survey of homebuyers and sellers conducted by the National Association of REALTORS®, 68% of respondents sold their homes through a real estate professional. Of that percentage, 8% tried unsuccessfully to sell on their own. Only 13% of respondents sold their own homes.Further, the research shows that 50% of those homeowners who did successfully sell their homes without a real estate professional's help vowed never to do it again, because of the complexities and hassles associated with the transaction.Among the major problems cited:Cost associated with marketing the … (4 comments)

Pricing Your Home Right Is Key To Selling It! - 09/29/10 04:13 PM
When you decide to sell your home, you want the highest possible return from its sale. Determining price is the most critical step in preparing your home for sale. Obviously, pricing your property too low won't provide the best return. You are apt to be deluged with lookers and may get many offers, but you could lose thousands of dollars on one of your family's largest investments. Likewise, pricing a property too high is risky. Homes priced too high miss their target market. Qualified buyers who might find the home just right for their needs won't see your home, or make … (0 comments)

Home Selling Mistakes You Don't Want to Make! - 09/25/10 11:32 AM
Mistake #1 -- Pricing Your Property Too High
Every seller obviously wants to get the most money for his or her product. Ironically, the best way to do this is NOT to list your product at an excessively high price! A high listing price will cause some prospective buyers to lose interest before even seeing your property. Also, it may lead other buyers to expect more than what you have to offer. As a result, overpriced properties tend to take an unusually long time to sell, and they end up being sold at a lower price.
Mistake #2 -- Mistaking … (11 comments)

Take A Risk! - 09/23/10 10:28 AM
Ever made plans to strike out in a new direction? Maybe get a better education, a different career, or life in some far away place where life seems to come alive. You've researched the possibilities, made your plans and told your family.
Then just after beginning your quest, you realized this wasn't for you. Embarrassment sets in and now you aren't sure what to do. After all, you already told everyone about your plans and now what would they think of you for changing directions in midstream?
John Greenleaf Whittier wrote "For all sad words of tongue or pen, the saddest are these: It might have been!" The message? … (4 comments)

Mistakes To Avoid Prior To Home Ownership. - 09/21/10 05:46 AM
1.   Spending more than you make. This can lead to real danger in not being able to afford to purchase.  Create a budget you can live with and cancel credit cards you do not use before applying for a loan.
2.   Not Saving Enough for Down Payment and Closing Costs. Be sure to include these items when working on your home buying budget.  It will be difficult to come up with thousands of dollars if you have not planned ahead.
3.   Failure to Understand Cost to Own and Maintain a Home.  You must understand the expenses involved in ownership and plan your budget … (6 comments)

The Six Mistakes Of Man - 09/16/10 10:29 AM
THE SIX MISTAKES OF MAN1. The illusion that personal gain is made up of crushing others2. The tendency to worry about things that cannot be changed or corrected3. Insisting that a thing is impossible because we cannot accomplish it4. Refusing to set aside trivial preferences5. Neglecting development and refinement of the mind, and not acquiring the habit of reading and study6. Attempting to compel others to believe and live as we do ~ Marcus Tullius Cicero (106 B.C. - 43 B.C.)
… (7 comments)

A Home's Affordability - 09/13/10 07:02 AM
Very informative blog on cost for those looking to buy a home. Smart buyers will not only look at the cost of their mortgage but also those that are listed below.
Via Melissa Juarez (Massachusetts Buyers Broker Agency, LLC):
Via Claudette Millette ~ What is the true cost of homeownership?
Most potential homeowners begin their planning with the down payment and monthly mortgage amount in mind.  It's an excellent start but anyone who is planning on buying a home needs to be ready to take on the total costs and look beyond the mortgage payment.
If you want to effectively determine a home's affordability you also … (4 comments)

Today's Inspiration. - 09/09/10 10:31 AM
TAKE THIS QUIZ!
Take time to answer the questions below and the point will become clear. It needs no further explanation, enjoy!
Name the five wealthiest people in the world.Name the last five Heisman Trophy winners.Name five people who have won the Nobel or Pulitzer Prize.Name the last dozen Academy Award winners for best actor or actress.
How did you do?
The point is this, none of us remember to many of the winners from yesterday. These were not second-rate achievers. They were the best in their fields. But the applause dies and awards tarnish. Achievements are forgotten.
Here's another quiz. See how you do … (4 comments)

Happy Homeowners? - 09/05/10 01:35 AM
If you just finished watching the news and read the title of this blog you may think I've lost my mind. Yet while the recent challenges in the housing market may have drained the equity from millions of homes across the country, the vast majority of homeowners are still happy with their purchases. An over whelming 90 percent of home owners say they don't regret buying their current home. That's even in the face of stagnant or sliding home prices they've suffered. Only 9 percent of respondents expressed second thoughts about buying a home. Why? Most often because they couldn't sell … (8 comments)

Reasons Homeownership Is Better Than Renting - 09/03/10 11:13 PM
The endless supply of bad housing news has discouraged some potential home buyers from considering a purchase. Yet the truth is most of the advantages of owning a home have little to do with investment gains. Some of best things about owning a home have a lot more to do with personal satisfaction.Listed Below Are Some Of Them:· Paying the principal on a mortgage is a type of forced savings. It is possible that home prices will fall further. Yet over the long haul most home owners are likely to enjoy modest gains in value.· Be your own landlord. The bank … (3 comments)

Beautiful 3 Bedroom home located at 1854 Freedom Trail in Independence, Kentucky - 09/03/10 03:09 PM
Beautiful 3 Bedroom home with media room, huge kitchen, private deck and wooded lot located at 1854 Freedom Trail in Independence, Kentucky.  Asking $199,500. Call Herb @ 859-372-8019
… (0 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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