buying a home

Reasons to move to Louisville - Part One

Considering buying a home in Louisville? There are some great reasons why it's a great idea to live in the Northern-most Southern Town:

1) The Expanding Skyline: Louisville has not stopped growing! With the addition of The KFC Yum Center, The Ali Center, and the future Museum Plaze, Louisville has just begun to grow!

2) The Parks: If you love living in a town full of life, but also want to be close to the outdoors, you'll love Louisville! The City is investing more than $60 million in public/private funds to acquire thousands of acres of green space and parkland in rapidly developing areas. It's the largest urban parks expansion in America!

3) The Muhammed Ali Center: Overlooking Louisville's waterfront, this $60 million, one-of-a-kind facility is drawing visitors worldwide by celebrating the deeply rooted values and worldwide influence of Louisville's most famous native son - Muhammad Ali.

4) Kentucky Derby Festival: Celebrating 51 years, the Festival turns the 'greatest 2 minutes in sports' into a two-week extravaganza that attracts 1.5 million people. Recognized as one of the premiere events of its kind in the world, it includes more than 70 special events requiring 4,000 volunteers - including the world's largest fireworks display.

More Reasons to Move To Louisville Next Week!

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Buying a home in Louisville - New vs Existing

This is the question: should you buy a new home, or an existing one? Let's take a look.

On the surface, because ofadvancing construction techniques and improving technologies, a new home is generally more expensive than an existing one of approximately the same size. Newer homes typically do not require any repair or painting, and many of them come with more "green" features which help to keep utility costs down.

Newer homes also will generally have more safety and security features, which could play an important factor when considering your family.

Now, older homes have benefits, as well. When dealing with the owner of an existing home, many may be more motivated to sell. Also, you're less likely to pay homeowners association fees in older homes, which could add hundreds of dollars to your monthly house payment.

Also, many older homes are in established neighborhoods which are the exact surroundings many homebuyers are looking for. Location, location, location!

Need help deciding between New vs Existing? We can help you trudge through the choices! Contact us at your convenience.

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So your looking for a house...here's some tips!

Are you considering buying a house in Louisville? Have you already found one that be be your dream home? Here’s some great tips to consider during the process!

1) Think about how long you’ll be there.

If you’re going to be in the house for 5, 10, 12 years or longer, then you may be in great shape for the purchasing process! However, if you think you’ll only be in the home for one or two years, then you may want to step back and think about it.

2) Take a look at your credit.

Since you’ll probably be looking at a mortgage, you may want to make sure your credit is up to par. Get copies of your credit report, and work on fixing any issues there may be. This is always a good time to talk to a mortgage loan officer.

3) Can you afford the house?

This is a BIG question! Again, this is a good time to talk to a professional.

4) Consider getting pre-approved.

This will often get you preferred treatment when purchasing a home.

5) Is the house in a neighborhood you like, with good schools and close to the places you need to be?

If you’ll be in the home for years to come, you better make sure it’s located in a great place for your lifestyle! Need more help? Real Estate 3000 is dedicated to helping you find the house of your dreams, and we'll guide you through the process from start to finish! Contact us HERE

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