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3 Home Inspection Mistakes – And How to Avoid Them

By Family Realty, LLC

One of the most important things you can do when buying a Louisville home is to have it inspected before you agree to purchase it because, a home inspection can literally save you thousands of dollars and the hassle of buying a home which may be more trouble than it’s worth.

In today’s post we will provide you with 3 home inspection mistakes and how you can easily avoid them.

Tip 1 – You Didn’t Have That New Home Inspected

Just because you may be planning on buying a new home that doesn’t mean you should not have it inspected.

Many times there may be problems with a home which may just beginning to appear under the surface and you will never see these problems yourself unless you hire a home inspector to thoroughly inspect the home before you agree to purchase it.

Tip 2 – You Chose A Home Inspector for the Wrong Reasons

Although it’s easy to choose a home inspector during the age of the Internet, you want to make sure that you’re choosing someone who is competent, reliable and trustworthy. This is done by reviewing a home inspectors profile on the Better Business Bureau website, reading their feedback online and doing your due diligence to make sure that the home inspector you hire is someone who is really trustworthy and legit.

Tip 3 – You Didn’t Comply With the Home Inspection

Last of all, one of the biggest mistakes any home buyer can make with the home inspection is not complying or going along with the home inspection.

Never underestimate the serious nature of a home inspection report, you want to take into account everything your home inspector has reported and get those problem areas fixed since it’s easy to let a small problem grow out of control and into a bigger problem.

For more home inspection tips which you should avoid, or to view Louisville Homes for sale, contact Family Realty, LLC today by calling us at (502) 458-4100 or click here to connect with us online. 

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7 Secrets to Buying a Louisville Home

By Family Realty

Are you thinking about buying a home but aren’t sure how to get started? You’ve come to the right place!

In this post we will share with you 10 secrets to buying your first Louisville home.

Tip 1 – Research Louisville Neighborhoods

One of the first things you should do when you’re planning on buying a Louisville Home is research area neighborhoods so you will know exactly where you want to live in Louisville Kentucky.

Tip 2 – Pull Your Credit Reports

An essential step towards buying a Louisville Home is to pull your credit reports just so you know exactly what’s being reported about you by the major credit reporting agencies like: Equifax, Experian and Transunion.

Tip 3 – Save Money for the Down Payment and Closing Costs

Although saving at least 20% for a down payment on a home is key, you should also save at least 3% to 5% of the homes purchase price to pay for closing costs.

Tip 4 – Get Pre-Approved For a Mortgage Loan

Pre-approval is an important step towards buying a home because, this will tell you the exact amount of money you have to work with when you buy a home and it will also put a homeowners mind at ease when they realize that your financing is secure.

Tip 5 – Don’t Wait For the Perfect Time

It’s tempting to wait for the perfect time to buy a home because, the Real Estate market and mortgage interest rates are always changing but the reality is that the best time to buy a home is when you have the money and find a home which will be perfect for you.

Tip 6 – A Bigger Home Isn’t Always Better

Did you know that although it may be tempting to buy a bigger home that won’t

Tip 7 – Say YES To a Home Inspection

Before agreeing to buy a home you should always have it professionally inspected since this will also help you to know what problems the home may potentially have underneath the surface.

For more tips on buying your first home contact Family Realty today by calling us at (502) 458-4100 or click here to connect with us online.

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3 Tips for Adding Curb Appeal to Your Louisville Kentucky Home

By Family Realty, LLC

If you plan on selling your Louisville Kentucky Home, now is the time to start thinking about getting it ready for sale, and the first thing to do is focus on improving curb appeal.

In this post we will offer you 3 tips you can use to improve the curb appeal for your Louisville Kentucky Home.

Tip 1 – Wash Your House

You can either wash your house by renting a power washer or use a bucket of regular soapy water and a scrub brush to wash the exterior of your home.

During the time you are washing your home don’t forget to scrub the walkway and driveway as well too since this will remove layers of dirt and a clean home has been proven to help increase its value as well.

Tip 2 – Paint Your Home

A complete paint job may costs you about $3,000 in labor costs if your home is up to 3,000 square feet but the investment of time and money is worth it since this will help your home to look new and fresh regardless of its age.

Tip 3 – Clean Your Roof

The roof of your home will be one of the first places home buyers will look and if they see a dirty roof they will think that something is wrong with your home regardless of its age.

Rent a power washer or sprayer to clean your roof, or have it cleaned professionally for about $400. The investment will be worth it since you won’t have to deal with a buyer who wants to offer you a bid which is $30,000 less than your asking price since they feel that your roof needs to be replaced.

For more curb appeal tips, or to view the latest Louisville Kentucky Homes for sale, contact Family Realty, LLC today by calling us at (502) 458-4100.

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Louisville Kentucky Home Buyer – How to Be A Smart Buyer during A Sellers-Market

By Family Realty, LLC

If you’re a Louisville Kentucky Home Buyer one common thing you may be seeing right now is that it’s a sellers-market out there.

Thanks to a huge demand for homes most homeowners are able to enjoy multiple offer situations for their homes and this doesn’t make it easy for the Louisville Kentucky Home Buyer who wants to stick with their budget while facing the prospect of multiple bidders for the home they want to buy.

In today’s post we will offer you 3 important things you can do to be a smart home buyer even during a sellers-market.

#1 – Think about Your Credit Score Now

Before you even start your home search the smartest thing you can do as a Louisville Kentucky Home Buyer is to think about your credit now.

You can pull you 3-in-1 credit report online to see what the major credit bureaus including: Equifax, Transunion and Experian are reporting about you then resolve any inaccurate information.

#2 – Get Pre-Approved For a Mortgage Loan

Take the time to get yourself pre-approved for a mortgage loan.

This step is important since it will also show a homeowner that you’re a serious home buyer with their financing in order and able to make a qualified offer on their home.

#3 – Stay Within Your Budget

Last of all, but most important, one of the key things you can do as a Louisville Kentucky Home Buyer is stay within your budget and not purchase a home you can’t afford.

Yes it may be tempting to go $30,000 or more over budget when buying a home but think about what that ultimately means to your monthly budget and ask yourself if you can afford the extra cost along with paying your regular bills and debts.

We Help Louisville Kentucky Home Buyers

To learn more about important steps you can take as a Louisville Kentucky Home Buyer, or to view the latest homes for sale across town, contact Family Realty LLC today by calling us at (502) 458-4100 or click here

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Louisville Kentucky Real Estate – 3 Mistakes First Time Home Buyers Should Avoid

By Family Realty, LLC

It’s hard to believe that summer is right around the corner and with the change in the weather there will be more people searching for Louisville Kentucky Real Estate, especially first time home buyers.

If you’re thinking about buying a Louisville Kentucky home for the first time here are 3 mistakes you should AVOID making at call costs.

Mistake #1 – Not Getting Pre-Approved For a Mortgage Loan

Although most agents will tell you to get pre-qualified for a mortgage loan, you should actually get pre-approved instead.

Mortgage loan pre-approval is more important since it will show any seller that you’re very serious about buying their home and this will also help your offer to carry more “weight” since they will know that your financing has been confirmed.

Mistake #2 – Being Too Picky When It Comes To Finding the Right Home

Yes, you may have the perfect home in mind but don’t let that stop you from buying a fixer upper which has a great foundation and the potential to be the home you’ve been dreaming about.

Sometimes you have to keep an open mind when buying Real Estate and remember that just because a home doesn’t have everything you’re searching for right away, that doesn’t mean that you can’t transform the fixer upper home into the home of your dreams.

Mistake #3 – Taking the First Mortgage You Are Offered

Last of all, but most important, make sure you don’t take the first mortgage loan you’re offered for buying Louisville Kentucky Real Estate.

A mortgage loan is the key component to buying a home but you also have to remember that depending on your credit you may be able to find a mortgage loan which is well below 4 percent so it pays off to keep searching for a mortgage loan until you’ve found the right one.

Buy Louisville Kentucky Real Estate

For more tips on the mistakes you should avoid when buying Louisville Kentucky Real Estate, or to view the latest Louisville Kentucky Homes for Sale, contact Family Realty, LLC today by clicking here to connect with us through our website or by calling (502) 458-4100.

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Why Use A Realtor To Help You Buy Or Sell A Louisville Kentucky Home?

By Family Realty

Right now is a great time to buy or sell a Louisville Kentucky Home.

Thanks to warmer weather, longer days, great mortgage interest rates and buyer demand, more people than ever before are thinking about buying or selling Louisville Kentucky Real Estate, but few people actually know what the real value is that they receive when working with an experienced agent.

In today’s post we will break down the value you will receive when you decide to work with an agent and what to expect regardless if you’re thinking about buying or selling a home.

Buying a Louisville Home

It’s not an easy decision to buy a home especially when you factor in all of the paperwork, preparation, home search and everything that comes with the home buying process.

Thankfully, a Real Estate agent can make the process of buying a Louisville Kentucky home easy for you by doing the following:

  • Home Search – Your experienced Real Estate agent will help you to find the right home which matches your home search criteria. They will save you time and money alone during the home search since you won’t have to waste time searching for a home yourself and your agent may know of new listings which are coming to the market even before they are listed online.
  • Negotiation – Instead of paying more money for a home than what it’s worth your agent will insure that you don’t overspend on a home even if there are multiple buyers.
  • Trusted Advisor – Another great aspect of hiring a Louisville Realtor is that you will have someone working as your advocate and trusted advisor to be there for you when buying a home to answer questions or concerns, and assist you with any problems or needs you may have after your offer has been approved.
  • Paperwork – Working with a licensed Louisville Kentucky Realtor also means you have someone on your side who will guide you through the sometimes complicated paperwork you will need to sign when buying a home.

Selling Your Louisville Kentucky Home

Let’s say you plan on selling your Louisville Kentucky home, hiring an experienced Realtor means you will receive help in the following areas:

  • Marketing – The experienced Louisville Realtor that you choose will help you market your home both online, offline and in the local area.
  • Price point – Instead of having to come up with a price point for your home, your agent will set the correct price for your Louisville home so you can have confidence that you will be able to sell your home for the most money.
  • Service – Imagine to meet with buyers, schedule appointments, answer questions, and do all of the legwork which comes during the process of selling a home. You won’t have to worry about doing any of these things since your professional Real Estate agent will be ready to handle all aspects of your home sale so you won’t have to.

 Buy or Sell a Louisville Kentucky Home

For more information on buying or selling a Louisville Kentucky home contact Family Realty today by clicking here or calling us at (502) 458-4100 or click here to connect with us online. 

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