Herb Johnson's (nkyrealty) Blog

Sales of existing homes dropped 5.1 percent in June to 5.37 million units from 5.66 million in May, but was still 9.8 percent higher than the 4.89 million units sold in June of 2009. The national median existing home sale price was $183,700 in June 2010, up 1.0 percent from 2009. The market has s...

During your home buying process there will come a time when you'll want to do a final walk through before closing. These walk through items can apply to both new and existing homes.Several days before you close take the time to visit your new home again. While there check to be sure that the term...

Mortgage Loan Modifications may ultimately lead to financial devastation for homeowners. Many homeowners who are struggling to make their mortgage payments have chosen the path of mortgage modification.  On the surface, this seems like a logical idea and the bank seems to encourage its customers ...

Ever have a goal that just seems so big you put it off? Want to become a pilot, run a marathon or maybe even rise to the top 1% of your profession? The impossible goal . . . really isn't! How do goals become reality? Once your goal becomes your passion, you can begin building the foundation that ...

Following is a list of points from a local "For Sale By Owner" website. To each point I will provide a counter-point for your consideration.1. You Can Sell Your Home Better Than Anyone Else: You know your home best and what is special about the area as well as other details about the property.You...

If you are brand new to the home buying process then mortgage terminology can be as foreign as reading Latin. Knowledge will give those new to this process additional power. Use the following glossary of terms to help you raise awareness. Underwriting: This lender process is used to determine how...

  Beautiful 1 1/2 acre building Lots available in Kenton County located in Northern Kentucky. Fantastic views. 15983 Gardnersville Road. $27,900 to $29,900 Call 859-372-8019  

  One of my favorite Rolling Stones songs "Time is on my side... Yes it is!" But how much time?  Those words usually precedes so many questions Buyers and Sellers have before, during and after a real estate transaction.   How much time ... ... do they need to answer? ... do we have to sign, respo...

While existing home sales fell significantly from April to May and June of this year it's worth keeping the proper longer term perspective. According to a June report by the National Association of Realtors, existing home sales are on an annual pace to reach 5.66 million units for the year, appro...

Repossessions climbed 38 percent in the first six months of 2010 compared 2009 and were up 5 percent from the first quarter, foreclosure listing service RealtyTrac announced Thursday. In all, lenders repossessed nearly 528,000 homes in the first six months of the year. If that rate continues thr...