Home Sweet Louisville

Louisville Home Sellers:   Keep Your Home Sale From Falling Apart!

You’ve finally acceepted an offer on the sale of your Louisville Home?   Great!   Now, avoid this 5 pitfalls to ensure your deal moves to the closing table …

Mistake #1: Ignore contingencies

If your contract requires you to do something before the sale, do it. If the buyers make the sale contingent on certain repairs, don™t do cheap patch-jobs and expect the buyers not to notice the fixes weren™t done properly.

Mistake #2: Don™t bother to fix things that break

The last thing any seller needs is for the buyers to notice on the pre-closing walk-through that the home isn™t in the same condition as when they made their offer. When things fall apart in a home about to be purchased, sellers must make the repairs. If the furnace fails, get a professional to fix it, and inform the buyers that the work was done. When you fail to maintain the home, the buyers may lose confidence in your integrity and the condition of the home and back out of the sale.

Mistake #3: Get lax about deadlines

Treat deadlines as sacrosanct. If you have three days to accept or reject the home inspection, make your decision within three days. If you™re selling, move out a few days early, so you can turn over the keys at closing.

Mistake #4: Refuse to negotiate any further

Once you™ve negotiated a price, it™s natural to calculate how much you™ll walk away with from the closing table. However, problems uncovered during inspections will have to be fixed. The appraisal may come in at a price below what the buyers offered to pay. Be prepared to negotiate with the buyers over these bottom-line-influencing issues.

Mistake #5: Hide liens from buyers

Did you neglect to mention that Uncle Sam has placed a tax lien on your home or you owe six months of homeowners association fees? The title search is going to turn up any liens filed on your house. To sell your house, you have to pay off the lien (or get the borrower to agree to pay it off). If you can do that with the sales proceeds, great. If not, the sale isn™t going to close.

Visit houselogic.com for more articles like this.

Copyright 2011 NATIONAL ASSOCIATION OF REALTORS ®

Thanks for reading HomeSweetLouisville.com!

Posted by:   Whitney Conn – Jefferson County Louisville REALTOR

Member of the Keller Williams Realty Louisville Team

Specializing in the Louisville Real Estate Market

THANK YOU to all of my Clients, Friends, and Family who have made 2010 a great year in Real Estate! I have finished the year in the TOP 20% OF REALTORS IN GREATER LOUISVILLE …. thanks to your business, referrals, and support. Cheers!

Thanks for reading HomeSweetLouisville.com!

Posted by:   Whitney Conn – Jefferson County Louisville REALTOR

Member of the Keller Williams Realty Louisville Team

Specializing in the Louisville Real Estate Market

Here is the Jefferson County Market Report for the Year 2010, brought to you by Whitney Conn and HomeSweetLouisville.com ~

Homes For Sale:
Currently Active             5,470
New Listings 1/1 – 12/31                   18,727
Sold 1/1 – 12/31                   7,848

Sales Price Info:
Median Sales Price         $136,000
Average Sales Price        $167,613
Sales Price to List Price Ratio         96%

Average Days on Market:
Active Listings       210
Sold Listings           124

Louisville Home Sales ended the year strong!   Note that for homes that SOLD during the year, the average days on market was just over 4 months … much better than the doom-and-gloom we hear on the news!   For those that haven’t sold yet, the average days on market was over 5 months – this tells us that those homes are either not priced well, not showing well, or not marketed well.

Read Also:   Why Isn’t My Louisville Home Selling?

Louisville Homes:   Top 10 Staging Tips to Get Your Home SOLD!
For more Information on Me and How I Get Homes Sold, contact me anytime.

Information is per Market Statistics data provided by Greater Louisville Association of Realtors.

Not guaranteed to be accurate.

Thanks for reading HomeSweetLouisville.com!

Posted by:   Whitney Conn – Jefferson County Louisville REALTOR

Member of the Keller Williams Realty Louisville Team

Specializing in the Louisville Real Estate Market

Here is the Jefferson County Market Report for October 2010, brought to you by Whitney Conn and HomeSweetLouisville.com ~

Homes For Sale:
Active             5,997
New                     1,385
Sold                     536

Sales Price Info:
Median Sales Price         $129,950
Average Sales Price        $168,576
Sales Price to List Price Ratio         96%

Average Days on Market:
Active Listings       195
Sold Listings           127

Information is per Market Statistics data provided by Greater Louisville Association of Realtors.

Not guaranteed to be accurate.

Thanks for reading HomeSweetLouisville.com!

Posted by:   Whitney Conn – Jefferson County Louisville REALTOR

Member of the Keller Williams Realty Louisville Team

Specializing in the Louisville Real Estate Market

Selling Your Louisville Home?   Here are 5 Must-Do’s before Listing it with a Realtor:

1. Have a pre-sale home inspection. Be proactive by arranging for a pre-sale home inspection. An inspector will be able to give you a good indication of the trouble areas that will stand out to potential buyers, and you™ll be able to make repairs before open houses begin.

2. Organize and clean. Pare down clutter and pack up your least-used items, such as large blenders and other kitchen tools, out-of-season clothes, toys, and exercise equipment. Store items off-site or in boxes neatly arranged in the garage or basement. Clean the windows, carpets, walls, lighting fixtures, and baseboards to make the house shine.

3. Get replacement estimates. Do you have big-ticket items that are worn our or will need to be replaced soon, such your roof or carpeting? Get estimates on how much it would cost to replace them, even if you don™t plan to do it yourself. The figures will help buyers determine if they can afford the home, and will be handy when negotiations begin.

4. Find your warranties. Gather up the warranties, guarantees, and user manuals for the furnace, washer and dryer, dishwasher, and any other items that will remain with the house.

5. Spruce up the curb appeal. Pretend you™re a buyer and stand outside of your home. As you approach the front door, what is your impression of the property? Do the lawn and bushes look neatly manicured? Is the address clearly visible? Are pretty flowers or plants framing the entrance? Is the walkway free from cracks and impediments?

source:   Realtor Magazine

For More Tips on Selling Your House, Read:

Why Isn’t My Louisville Home Selling?

Louisville Homes for Sale – Subject To A New Tax?

Louisville Houses Built Before 1978:   Important Information!

Thanks for reading HomeSweetLouisville.com!

Posted by:   Whitney Conn – Jefferson County Louisville REALTOR

Member of the Keller Williams Realty Louisville Team

Specializing in the Louisville Real Estate Market

166 N Bellaire Avenue

Clifton ~ Walk to Frankfort Avenue!

3 Bedrooms
1.5 Baths
1752 Finished SF
Lovely, private Back Yard
$214,900
MLS# 1277292

LOCATION of this home can’t be beat: a block and a half to Frankfort Avenue’s shops, restaurants, and amenities!

A charming screened porch welcomes you to this character-filled home: high ceilings, heart pine floors, 2 fireplaces, arched doorways, and a gorgeous stairway.

Modern conveniences include CLOSETS GALORE, 1st floor laundry, and 5 year young heating & cooling. Relax in the beautiful and spacious formal dining and living rooms (consider swapping these to suit your needs!).

3 bedrooms, tons of closets, and a full bath make a comfortable 2nd story (3rd bedroom is currently used as an office).

Outside, find a deck, patio, landscaping, and lots of privacy. The garage is not secure, but great for storage; Park several cars in the long driveway.

1st floor laundry area could be moved to mud room or basement to turn the half bath into a full!

More Photos and Information on 166 N Bellaire

Search Homes For Sale in Clifton & Crescent Hill

Search Homes for Sale in Louisville

Find Out How Much Your Louisville Home Is Worth

For more information on this home for sale, please contact   Whitney Conn at Keller Williams Realty:  

502-593-4387 or whitneyconn@kw.com

Thanks for reading HomeSweetLouisville.com!

Posted by:   Whitney Conn – Jefferson County Louisville REALTOR

Member of the Keller Williams Realty Louisville Team

Specializing in the Louisville Real Estate Market

Here is the 40206 Market Report for July 2010, brought to you by Whitney Conn and HomeSweetLouisville.com ~

40206 Homes For Sale:
Active              166
New                     45
Sold                     14

40206 Sales Price Info:
Median Sales Price         $171,500
Average Sales Price        $180,867
Sales Price to List Price Ratio         94%

Average Days on Market:
Active Listings       132
Sold Listings           90

Compare to June’s Statistics

Information is per Market Statistics data provided by Greater Louisville Association of Realtors.

Not guaranteed to be accurate.

Thanks for reading HomeSweetLouisville.com!

Posted by:   Whitney Conn – Jefferson County Louisville REALTOR

Member of the Keller Williams Realty Louisville Team

Specializing in the Louisville Real Estate Market

Here is the 40207 Market Report for July 2010, brought to you by Whitney Conn and HomeSweetLouisville.com ~

42 homes SOLD in St. Matthews during July, and the average sales price shot UP compared to June!

Search St. Matthews Homes for Sale

40207 Homes For Sale:
Active         331
New         81
Sold         42

40207 Sales Price Info:
Median Sales Price         $247,000
Average Sales Price        $338,755
Sales Price to List Price Ratio         93%

Average Days on Market:
Active Listings       129
Sold Listings           97

Information is per Market Statistics data provided by Greater Louisville Association of Realtors.

Not guaranteed to be accurate.

Thanks for reading HomeSweetLouisville.com!

Posted by:   Whitney Conn – Jefferson County Louisville REALTOR

Member of the Keller Williams Realty Louisville Team

Specializing in the Louisville Real Estate Market

Here is the Jefferson County Louisville Homes Market Report for July 2010, brought to you by Whitney Conn and HomeSweetLouisville.com ~

562 Homes SOLD in the month of July, and those homes saw a nice jump in the average Sales price compared to June!

Jefferson County Louisville Homes For Sale:
Active       6,080
New           1,636
Sold               562

Jefferson County Louisville Sales Price Info:
Median Sales Price         $149,900
Average Sales Price         $192,621
Sales Price to List Price Ratio         95%

Average Days on Market:
Active Listings     118
Sold Listings           76

Search For Homes in Louisville

Information is per Market Statistics data provided by Greater Louisville Association of Realtors.

Not guaranteed to be accurate.

Thanks for reading HomeSweetLouisville.com!

Posted by:   Whitney Conn – Jefferson County Louisville REALTOR

Member of the Keller Williams Realty Louisville Team

Specializing in the Louisville Real Estate Market

 Louisville Home Owners:   Wouldn’t we ALL like to save some money this Hot, Hot Summer?  

Here are some great tips for doing just that:

Save Water and Money with a Rain Barrel

Using rain barrels to harvest rainwater from your roof is a simple, low-expense solution for conserving water and saving on your water bill. Read

10 Tips for Saving Water in the Garden

Pick the right plants for your local growing conditions and you™ll save water, cut down on maintenance, and have a beautiful yard. Read

Water-Saving Irrigation Strategies

Simple, low-cost watering systems help you save water and money but still have a great-looking yard. Read

Low-Flow Toilets: How to Choose

Replacing an old water-guzzler with a new low-flow toilet can shave as much as $90 off your annual utility bill and send thousands fewer gallons of water down the drain. Read

Low-Flow Showerheads: How to Choose

Thanks to innovative new technology, today™s super-efficient low-flow showerheads save water, reduce your energy bills, and still feel good to use. Read

Visit houselogic.com for more articles like this.

Copyright 2010 NATIONAL ASSOCIATION OF REALTORS ®

Thanks for reading HomeSweetLouisville.com!

Posted by:   Whitney Conn – Jefferson County Louisville REALTOR

Member of the Keller Williams Realty Louisville Team

Specializing in the Louisville Real Estate Market