Friday, September 2nd, 2011 at 10:18pm. 9500 Views, 0 Comments.
If you are like most persons, the obvious answer to “Do I need to get a survey?” is: “I’m buying a house in a Louisville subdivision, I don’t need to get a survey. I’d rather save the $250-400.”
But, what is always obvious, isn’t necessarily correct.
In October 2006, we represented some clients that were purchasing a home in an established and fairly affluent neighborhood that felt similarly. Upon our insistence, they finally relented and ordered a staked survey for the home they were purchasing.
The surveyor found that even though the home owner had gotten the proper permitting to construct their all brick $30,000 free standing garage, the current owner of the property had never gotten a survey either to mark the…
Friday, September 2nd, 2011 at 10:02pm. 7750 Views, 0 Comments.
Valhalla Golf Club – Its a golf country club. Period. There are no tennis courts, and no swimming pools. It does however offer a cozy club house, but its bread and butter is golf. But, there is something to be said for specialists. Valhalla is playing host to the 2008 Ryder Cup later this year. Its initial membership fee is $50,000+* (*estimated, but its probably more), and has a monthly membership fee of $500. Membership is fairly exclusive. There are only approximately 250…
Friday, September 2nd, 2011 at 9:57pm. 1944 Views, 0 Comments.
If you ask the question “What does MLS mean?”, you are likely to get a variety of answers.
Some sports fans will immediately respond with “Major League Soccer”.
If you ask someone that is looking to buy a home, they’ll most likely think of MLS as meaning Multiple Listing Service.
But if you ask Sarasota real estate agent, Marc Rasmussen, he’s likely to tell you MLS means one giant headache. Why, you may ask?
Well, lets go back a few years to the beginning of the story……
Back in March 2002, a real estate trade association publication wrote an article offering advice about good website name selection. Included in the article was the recommendation that using MLS as part of your name was an excellent tip for those wanting a…
Friday, September 2nd, 2011 at 9:49pm. 589 Views, 0 Comments.
For those wondering what its all about: think St. James Court Art Fair with an Oldham County KY flair.
Some of the highlights of the event include picture opportunities with Santa Claus, crafts for children, and a host of winter time treats will be available such as chili, cider & baked goods.
There is still some room for artists and artisans to participate – so if you want to be a part of this great event, you better get your application in ASAP. Call (502) 442-3173 for more information. But, better hurry if you have interest, space is limited and…
Friday, September 2nd, 2011 at 9:45pm. 1618 Views, 0 Comments.
Today, I wanted to spotlight a businessman in the Louisville area: David Fenley. David Fenley is a Louisville office space developer that has specialized in class A office space. His company currently has over 21 office buildings that contains 3,000,000+ sq.ft. of class A office space and the company is one of the largest office developers in the entire state of Kentucky.
David Fenley’s specialty has been to build executive office suites in a more efficient manner than traditional/older class B buildings – offering the opportunity for persons to move up from class B space, to the executive suites – and get it done for less money than if they had stayed in the lower end class B space in the first place. I’m sure some of you are immediately…
Friday, September 2nd, 2011 at 9:41pm. 521 Views, 0 Comments.
So, lets now look at the Louisville real estate market 2008 year in…
Friday, September 2nd, 2011 at 9:38pm. 750 Views, 0 Comments.
From an “on the ground” perspective from Louisville Realtors, we’ve begun…
Friday, September 2nd, 2011 at 9:32pm. 711 Views, 0 Comments.
1. Purchase a home between April 9, 2008 through July 1, 2009.
2. You claim the tax credit when you file you your taxes. [If you have questions, be sure to ask your accountant.]
3. The full $7500 tax credit may not be available to all persons. You may elgibile for a partial credit (or even none). This usually applies to those persons that earn a large income, or are purchasing a property with a value below a certain threshold.
4. Its essentially an interest…
Friday, September 2nd, 2011 at 9:24pm. 867 Views, 0 Comments.
Friday, September 2nd, 2011 at 9:21pm. 542 Views, 0 Comments.
Before we get into the August 2008 numbers, I wanted to recap all of the numbers for this year. So, lets take a look at the data and see what we can make of it:
January 1 – August 31 2007
Homes Sold 10513
Average Sales Price $174,428
Median Sales Price $140,000
January 1 – August 31 2008
Homes Sold 8021
Average Sales Price $170,711
Median Sales Price $137,000
So, as you can see – theres been a fairly stiff decrease in the number of the Homes Sold in Louisville this year of nearly…