Ohhh... Its not that bad.

I really don't think the Real Estate market is as bad as the media makes it out to be. Sure there are a lot of foreclosures and its still a buyers market, but homes are still selling. I've sold three this week and sold a listing after having it on the market for just a week. If you have your home in tip top shape and your not greedy on your pricing then your home will sell. The homes that are struggling are the homes that aren't move in ready. These days if buyers purchase a home that isn't neutrally and tastefully painted with neutral colors throughout, there mind set turns into, might as well buy a home that they can flip and makes some money on. So there is hope you just need to adapt to this market make sure there aren't any flaws in your home to keep people from walking away.

Free Months Gym Membership

Have me represent you in a Real Estate Transaction and receive a free months gym membership at the Louisville Athletic Club. Then you can get buff like the guy pictured above!!!

Deal of The Week.

View more details below:

http://glarmls.com/GLARReports/ListitLib/report_builder.aspx?category=1&r1=WWoh-ClCGaKolOu)OvLK*0&m1=ClbckkHE8&footer=4956574850&maillog_id=8111166715

This is a one bedroom condo across the street from great new development going up on the corner of Westport Road and Herr Lane. The development is called Westport Village and has plenty of cool little shops, resturants and bars. I sold one of these places over a year ago for $75,000 and now they are selling in the lower $80,000. Great little place for a first time home buyer, you should see great appreciation out of this place due to the growth going on in the area. There are plans to put a ramp onto the Waterson off Westport right down the road. Call and schedule an apointment if you would like a showing.

3 Good Reasons To Buy a House Right Now!!

Well, I'm officially a Real Estate nerd, its 9:00 on a Friday night and here I am in front of my computer working on Real Estate stuff. But its okay.... cause I love it! What I love even more are the following three facts that should get you out of your apartment or parents basement and into your first home:

Free Money... Well Kinda

Housing Legislation just passed a bill for first time home buyers. It allows first time home buyers to receive up to a $7,500 tax credit if you purchase your first home between now and April of 2009. Here's how it works, you will get a credit for 10% of the sales price of your home but it can not exceed $7,500. The money isn't exactly free but it is a free loan (aka no interest) that you will have to pay back over 15 years in equal instalments. If you sell your new home for more then you paid for it and before you pay the $7,500 back the outstanding balance must be credited back to Uncle Sam. But all in all its still a good deal that should be taken advantage of.

FHA Down Payment Assistance

As of October 2008 down payment assistance programs such as Neihamiah, Ameridream and Genesis will no longer exist. These programs allow sellers to assist buyers with their down payments up to 3%. Which with these three programs that's all you need is 97% loan to value to qualify.

Its a Buyer's Market

There are plenty of homes out there that can be gotten at an absolute deal. Although the market isn't as bad as the media makes it out to be, it still favors the buyers more so than the sellers and if your not to picky you can really cash in on someone else's misfortune. On top of that interest rates are still low. Earlier today I checked and they where at 6.25% on a 30 year mortgage.

If these three incentives don't motivate you to buy your first home then somethings wrong. Showing houses early tomorrow morning so I'm calling it a early night let me know what you think of my post. Just remember I'm a realtor and not an English professor so no criticism on my grammar.

What to look forward to on this site!!

In the next few weeks I will be posting some exciting news in the Real Estate world. The news which excites me most is the bill that congress just passed that allows first time home buyers to receive up to a $7,500 tax credit when they purchase their first home. One of the topics that will fascinate buyers the most will be "The Art of Low Balling". I will also be posting why you may want to use a realtor when buying or selling your home.

I will be doing a weekly post called "Deal of The Week" this is where I will concentrate on one home for sale in the Louisville area that I think will be great investments.

So be looking forward to the first few post although they may be grammatically rough at times they will be informative and can really make you some dough!