Prepping your home for SALE Checklist with The Borders Team

August 19th, 2016

Prepping your home for sale CHECKLIST

Making your home feel like a model home is the SECOND most important item behind PRICING IT RIGHT. The goal is to make the potential buyer feel like they are visiting their next home, NOT visiting your home

Using the following checklist- get it ready to sell and you can see this sign soon.

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In every room ~

  • Remove all clutter
  • Take down ALL photos of people or pets-This must be done.
  • Clean the ceiling fan
  • Sweep the ceiling
  • Dust the walls from the top down
  • Dust the base boards
  • Dust all furniture
  • Vacuum, mop and/or clean carpets
  • Launder or vacuum the window treatments
  • Wash the windows
  • Replace or repair damaged mini-blinds
  • Replace blown light bulbs
  • Patch holes
  • Touch-up paint walls and trim

Additional items in the kitchen ~

  • Box up all extra plates and serving pieces
  • Organize your spice rack and pantry
  • Move appliances you seldom use to your cabinets or pantry
  • Scrub your sink
  • Change the drip pans on your stove top
  • Clean the oven
  • Wipe down all appliances
  • Make any necessary repairs

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Additional items in the bathroom ~

  • Scrub the shower
  • Clean the toilet
  • Remove toiletries from the counter and tub
  • Make any necessary repairs
  • Have clean towels prepared for show

 

In the closets ~ 

  • Remove seasonal items
  • Organize loose items
  • Move boxes to attic or storage

Outside ~

  • Wash windows
  • Check for rot and mildew
  • Spot clean, if needed
  • Touch up paint, if needed
  • Sweep the front porch/stoop
  • Trim the lawn and hedges
  • Place potted flowers around your front door
  • Purchase a new welcome mat
  • Remove window screens

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Additional items in the bedrooms ~

  • Remove excess books, magazines, and/or toys
  • Make beds (daily)

Keller Williams Realty Louisville East

 

 

 

 

Should you ask your parents for advice? The answer is cloudy…

August 11th, 2016

So you are ready to buy your first home.   You have met with a Realtor, Lender, viewed homes for weeks online and ready to make your move.

WHY do you suddenly involve your parents as a decision maker?  We understand it can be calming to get advice from your parents but keep them OUT of decision making process.   You are trying to get out on your own, stand up and make your own decisions or you are never going to “cut the cord.”

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Today’s market is a very challenging Seller’s market.   There is not enough inventory for every Buyer in the market.   So adding a decision maker into the transaction after the right house is found only makes it less likely you will get the house.

If your REALTOR tells you to make a FULL PRICE offer you should look at the data and make a solid decision.   Yes, your parents or grandparents may have never paid full price for a home but they are not buying in this market.   They purchased in another market, not THIS Seller’s market.

Yes they can help financially with Gifts to allow for more down payment, closing costs, and pre-paids.   But you need to make the decision.

 

loanapproval

If you have questions about buying your first home, take the time to ask questions of your REALTOR and Lender.   If your REALTOR suggests you avoid certain big banks or lenders…..avoid them.   The experience of your REALTOR with those banks is worth its weight in gold.   As REALTORS we help people buy and sell homes all year, every year.   We see the challenges and issues with certain Lenders, Banks, even sellers like the VA or Secretary of the VA (a dirty word in our industry)

Once you are ready with the answers you need, ONLY then do you choose the house and make an offer.

If your REALTOR isn’t having a buyer consultation with you….FIND ANOTHER REALTOR.   There are many items you need to understand and the process is different every time.

 

 

 

 

 

When will my closing actually happen? Do you really know?

July 13th, 2016

Home buyers and sellers in Kentucky have this happen frequently.  Something was brought up in a meeting today that prompted this post.

 

Have you ever agreed to buy a house or sell a house and the closing was delayed past the time in the contract?

Have you ever expected to close by that magical 45th or 60th day and was surprised at the scheduling of the closing after the 35th day?  It happens more than you know.

If you are in the market to buy or sell you MUST bulletproof the transaction.   By bulletproofing I mean that you and your agent must have specific details in the purchase agreement that everyone understands without question.   funny right?   There are many items in a purchase agreement that are subject to speculation but the critical items that come up far too often are:

  1. Closing
  2. Possession date

Having a specific date written into the purchase agreement for a closing date gives everyone a solid target.

The Lender is most commonly the issue for delays but giving a reasonable amount of time to close the transaction is something you need to discuss with your loan officer prior to making an offer.  They should have a feel for the number of loans in their pipeline and anticipated closing date.

Possession date is fast becoming a constant moving target.

Many local contracts are using possession post closing so they can move or close on another home because of TRID rules and regulations.  Understanding that calendar days are used and holidays do not matter are common confusing equations.  Ask well before the last week of the contract and stay in contact with the agent!

 

 

 

Lake Cumberland KY Cabin in the woods

July 12th, 2016

We have a cabin in the woods near the lake FOR SALE!

This comfy lake home is off the beaten path and near the water.   1/10 of mile from the boat ramp at Cumberland point.

A motivated seller is ready to go!

3 bedrooms             1.5 baths                  walkout basement with covered rear porch

deck                2 car detached garage

All siding is hardy board material for minimal maintenance.

Take a look at www.adamborders.com

Currently asking $90,000 and furnishings can remain.

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Build your Dream Home on Lake Cumberland

June 7th, 2016

50 Secluded acres on Beautiful Lake Cumberland Kentucky.  Rare offering of private property over looking the main lake with one amazing building site commanding the entire point.

 

Most acreage is heavily wooded with some tillable acreage.   Surrounded by responsible homeowners.

Restrictions do apply to this tract of land including no mobiles, modular, or travel trailers.

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Its Derby Time in Kentucky, Its also time to say WHOAAH on some home improvements.

April 20th, 2016

 

I’d love everyone to believe I write all my own blog information, but the truth is I’m not that crafty.  Thanks to an associate for this post I’m sharing.   Remember, I’m the blunt REALTORIMG_2378

In case you were wondering what trendy updates to do to your home, here are some recent statistics. I always recommend asking a Realtor first before doing any major update if you plan on selling in less than 5 years.

 

DAILY REAL ESTATE NEWS | MONDAY, APRIL 18, 2016
Home listings that contain “barn door” – a rustic sliding door for rooms – are selling for more than 13 percent above the expected value as well as 57 days faster, according to a new study.

Words like “shaker cabinet,” “farmhouse sink,” and “subway tile” also are helping homes to sell faster and for higher values.

In a new analysis by Zillow, researchers looked at more than 60 keywords used in more than 2 million real estate listings between January 2014 and March 2016 to learn which buzzwords are resonating most with home buyers today. They are:

Barn door: 13.4% (the percent of homes that sell for above expected values)
Shaker cabinet: 9.6%
Farmhouse sink: 7.9%
Subway tile: 6.9%
Quartz: 6%
Craftsman: 5.4%
Exposed brick: 4.9%
Pendant light: 4.6%
Frameless shower: 4.6%
Heated floors: 4.3%
Stainless steel: 4.2%
Granite: 4.1%
Backsplash: 4.1%
Tankless water heater: 4%
Outdoor kitchen: 3.7%

Adam Borders
Realtor Associate
Keller Williams Realty Louisville East
502-296-2979
adamborders@kw.comAll Residential Homes for Sale in Shelby County

All Residential Homes for sale in Metro Louisville

Getting Pre-approved and WHY it is very important to listen to your REALTOR.

March 10th, 2016

Thinking of becoming a homeowner or looking at a new place?     Get pre-approved before making an offer or LISTING YOUR HOME!

Know the difference between being prequalified and pre approved, and focus your energy on accepting the former, but aggressively seeking the latter.

Do that and you’ve taken a huge step in buying the home of your dreams.

loanapproval

BEFORE LISTING our home for sale?  Yes!   In this aggressive market your home, if marketed properly and clean, could sell in the first hour.    If you are not financially ready to get into the next home it could prove disastrous.   Know where you stand with a good local lender suggested by your agent. Listen to your experienced agent, they know who will get the job done and who will not.    The online lenders offer the world for nothing….it is usually too good to be true.

Let us look at the difference between a “Pre-qualification” and a “Pre-approval.”

A mortgage pre-qualification is an initial assessment of a potential buyer, and often it’s not worth the paper it’s written on.

But a pre-approval goes deeper and involves a more thorough look into your income and expenses, including a look at your credit score.

If you go in blind, sellers will often ignore your offer if you find a Realtor who will make an offer without a letter from a lender.

 

Getting square on prequalified versus preapproved

streamlines the entire home-purchase process.

 

Using a loan officer that your agent recommends is critical to a streamlined purchase.  We have learned who to avoid and who will answer the late text or phone call with questions or answers.

 

My preferred lenders are:

Preferred Lenders

Steven Hedgespeth

Century Mortgage Company Louisville

502-753-4178

502-641-3762

steven@cmcloans.com

 

 

Jason Justice

Senior Mortgage Banker First Commonwealth Mortgage

502-554-9368

641-6368

800-837-3844

554-9386 Fax

jjustice@firstcm.net

 

 

Angela Floden

Mortgage Loan Officer

NMLS 56124

Statewide Mortgage

10221 Linn Station Road

Louisville, KY 40223

C: 502-802-0547

F: 502-400-2776

www.statewidemortgage.com

Search for those homes here:

Click here to view property quick search.

 

 

 

 

 

Simpsonville KY Housing market is starting to open up, three new listings in the past 2 days

February 25th, 2016

Station Pointe and Rolling Ridge have new active listings on the market.  Ranging from $138,00 to $215,000

Check it out!

Click here to view property grid.

 

Click here to view property grid.

 

 

 

 

 

 

Simpsonville Kentucky is getting a new Western and work boot store

January 19th, 2016

The Boot Depot has come to Simpsonville KY.

With all the new commercial development on the heels of The Outlet shops of the Bluegrass a local business owner is bringing a Boot store to the area.  The owner, David Gordon, operates an online store and warehouse in Louisville and the Simpsonville Flea market.  Opening a full time retail outlet near the mall fills a need for Shelby county.  While we have two farm outfitter stores such as Tractor Supply and Rural King, there is a missing link for quality western style and on the job work boots.   The box stores have teh basics but they don’t cover everyone.   Driving to south Louisville for Dan Post, Laredo, Double H, Dingo, Wolverine may be a thing of the past.

Located next to Subway and Executive Cigar offers patrons of the Pilot Truck stop an emergency option if they forget a gift while traveling or need to replace their boots while driving over the road.

Personally I think the store is going to make my wife’s closet space even tighter.  I look forward to the opening soon.

Current target opening is late February 2016.   Take a tour of the web store.  http://thebootdepot.com/  or face book https://www.facebook.com/thebootdepot

While shopping around, take a look at our homes for sale

Now offered at a MORE ATTRACTIVE PRICE. 914 Rosemary drive Louisville KY

January 11th, 2016

Now offered at a MORE ATTRACTIVE PRICE.

914 Rosemary drive Louisville KY

 

Extensive updates throughout!  Curb appraising this centrally located home is a mistake.  Near Louisville Highlands without the price.

A three bedroom 2.5 bath home needs a new homeowner.   Virtually maintenance free exterior (no home is free of maintenance) including a stone exterior, new roof, new HVAC system, NEW pool liner, new pump, TREX composite decking, vinyl windows and trim.  MOVE IN READY!  If you don’t like the paint colors, Let’s paint it.

A full finished basement with a room that could be used as a bedroom but doesn’t meet the MLS standards because of a window size.   Living room and newly installed full bath are also in the lower level.

Who do you know that is looking for a new place to call home?

 

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