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Step on up and sell it!

Whether upsizing, downsizing, relocating, or just movin' on out, you might have to price your home to sell. Get the right price by consulting our Q&A guide before you put up the sign.
Q: Do sellers have to disclose the terms of other offers? A: According to experts, sellers do not have to disclose other offers Q: Should I add on or buy a bigger home? A: Consider these questions before making a choice between adding on to an existing home or moving up in the market to a bigger house: * How much money is available, either from cash reserves or through a home improvement loan, to remodel the current house? * How much additional space is required? Would the foundation support a second floor or does the lot have room to expand on the ground level?

Fixer Upper FAQ

HGTV and "Trading Spaces" created a monster machine of rehabbing old clunkers with some charm. If you're done watching and fancy yourself a Bob Vila type, read on.
Q: Where are fixer-uppers found? A: You can find distressed properties or fixer-uppers in most communities, even wealthier neighborhoods. A distressed property is one that has been poorly maintained and has a lower market value than other houses in the immediate area. Ascertaining whether the property you're interested in is a wise investment takes some work. You need to figure what the average house in a given area sells for, as well as what the most desirable houses in that area are like and what they cost.

Finding the Right Home - Q & A

So. You have a Mastiff. Think you ought to move to a downtown condo with a big sweetie like that? Perhaps you should consult this guide before plunking down your down payment.
Q: How do you choose between buying and renting? A: Home ownership offers tax benefits as well as the freedom to make decisions about your home. An advantage of renting is not worrying about maintenance and other financial obligations associated with owning property. There also are a number of economic considerations. Unlike renters, home owners who secure a fixed-rate loan can lock in their monthly housing costs and make prudent investment plans knowing these expenses will not increase substantially.

What You Can Afford

The LAST thing you need is to get in over your head when looking for your Louisville home. Take these things into consideration and it'll make your life much easier.
Q: How do you find out the value of a troubled property? A: Buyers considering a foreclosure property should obtain as much information as possible from the lender about the range of bids being sought. It also is important to examine the property. If you are unable to get into a foreclosure property, check with surrounding neighbors about the property's condition. It also is possible to do your own cost comparison through researching comparable properties recorded at local county recorder's and assessor's offices, or through Internet sites specializing in property records.

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Search Louisville Real Estate with Joe Hayden, your real estate expert.


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