Monday, November 24, 2008

Flat Screen TV's

I recently had to go to Real Estate continuing education which was taught by a Real Estate attorney. I have known since being licensed that once a piece of personal property is attached to a piece of Real Estate it then becomes part of that Real Estate. You don't usually think of a TV as being a piece of Real Estate but if you attach your Plasma or LCD television to a wall in a manner that makes it apart of that home then you may be forced to leave your television with the home upon sell of that home. A good way to protect yourself from this is to write it out in the purchase agreement whether it is to remain or not. Simply advertising it to remain or not remain will not be enough it has to be apart of the signed contract. So if your selling your home make sure to take in consideration the way your TV is attached to the wall.

Wednesday, November 19, 2008

Deal of the week.

Cheapest housing in your going to find in Saint Mathews two bedroom one bath condo on Brownsboro Rd only $59,000 call for your showing. Click the link for more details:

In-Law Suites

In the past six months I have had two different people interested in In-Law suites one was a client who ended up purchasing a home with a walk out lower level that had a bedroom but never got a true in-law suite. The other persons wants me to keep an eye on the market and let him know when something comes up. So I just did a search and used the key words In-Law and came across just six listings in Louisville's East End and Oldham County none of which where under $300,000. There is a small market for these In-Law suites that may eventually grow with baby boomers taking care of their parents.

Here's what you need to get a true In-Law suite:
  1. A walkout basement or another type of second entrance with no to very little steps (for example a sidewalk on a gradual slope to the lower level would be ideal.)
  2. A bedroom, to meet building code you must have a full window and a closet in order to be a bedroom.
  3. A kitchen is a big bonus, a small run of apartment grade cabinets (about the amount pictured above but not that nice) with some inexpensive appliances. A white coil top stove and a small fridge should be less than $1,000. The most expensive thing would probably be the plumbing for the sink. So make sure to bid the job out before you start the work.
  4. A bathroom on the lower level is also a must have, making the doors big enough to fit a wheel chair would be wise. Grab bars for the shower and toilet could always be added later.

So there you have it all the key ingredients to having your very own In-Law Suite. Remember these suites are also appealing to people who have grown children just out of college and have moved back home and bratty teenagers who want their privacy.

Monday, November 17, 2008

New Listing

Hunting or Farm Land in Willisburg KY
At one point the owner of this property had 25 head of horses grazing the land with plenty of unused room. There is also tons of hunting potential with this propery deer and turkey are all over plus quail and dove. There is a trailer property that would make an ideal cabin.
50 Acres $123,000
30 Acres $81,000
Call for details
502-551-9396

Thursday, November 13, 2008

Some Good News!!!!

We're Excited about the good news!
Because all you read or hear about in the news lately is bad, I took it upon myself to find some good news. I really think that if the media would be just a little more optimistic then consumers would have more confidence in the markets and things could be getting better. But all I hear is that we're all doomed so here are some pieces of news that should make you feel better.

From WLKY news channel 32; It seems that some experts are predicting because of the falling prices of oil its going to be cheaper to hear our homes this winter. GOOD NEWS! You can click the link below to get the full story.
http://www.wlky.com/money/17967416/detail.html

The Wall Street Journal reports that when Obama takes office 7,000 new jobs will be created nation wide. That's GOOD NEWS! The jobs pay any where between $30,000 and $175,000 a year and you can find out how to obtain those jobs in the article "Obama as Your Boss?"at the bellow link.
http://online.wsj.com/article/SB122653748039422809.html

Another report from the Wall Street Journal indicates that its a great time to shop. I know that news would make my girlfriend happy. I could really care less, but that should excite you female readers. Read about retailers who are offering deep discounts in the link below.
http://online.wsj.com/article/SB122654090330323183.html

Wednesday, November 5, 2008

Deal of the week.


This home is a 3 bedroom on bath home that is for sale for what the owner paid for it in 1999. Its near the Lyndon area close to the malls and shopping off Shelbyville RD. Its a great deal and wont last long. Call if you would like more info or would like to see it. 502-551-9396