Cindy in Louisville

If you have questions about buying a home in Louisville, please call me at 502-551-5371 or drop me a note at

Buyer's Faq

What is the first step in buying a home? Finding out what you can afford is one of the first steps, which can be done by pre-qualifying for a home loan. This step will help you narrow your search for both a neighborhood and particular houses. A pre-qualification is a simple calculation that considers several factors, but primarily your income. There are no guarantees with a prequalificaiton, but it will be expected of you when you make an offer on a home. What's a Home Inspection? A home inspection is when a paid professional inspector…

by Cindy Parrish | 03/15/16

Should I add on or buy new?

Before making a choice between adding on to your existing home or buying a larger one, think about the following:  * How much money is available to remodel your current house? * How much additional space is required? Would the foundation support a second floor or does the lot have room to expand on the ground level?  * What do local zoning and building ordinances permit?  * How much equity already exists in the property?  * Are there affordable properties for sale that would satisfy your changing housing needs Ultimately, the decision should be based…

by Cindy Parrish | 03/15/16

What kind of home insurance should I get?

A standard homeowners policy protects against fire, lightning, wind, storms, hail, explosions, riots, aircraft wrecks, vehicle crashes, smoke, vandalism, theft, breaking glass, falling objects, weight of snow or sleet, collapsing buildings, freezing of plumbing fixtures, electrical damage and water damage from plumbing, heating or air conditioning systems, according to the Insurance Information Institute, a Washington, D.C.-based nonprofit group for the insurance industry. Such policies are "all-risk" policies, which cover everything except earthquakes, floods, war and nuclear accidents.  A…

by Cindy Parrish | 03/15/16

How can I save on closing costs?

Studies show that the closing costs, which can average 2 to 3 percent of a total home purchase price, are often more costly than many buyers expect. But there are some ways to save:   * Negotiate with the seller to pay all or part of the closing costs. The lender must agree to this as well as the seller. This is the best option of all. As long as the house appraises for the increase, it’s a win, win.   * Get a no-fee loan. Usually, though, these fees are wrapped into a higher interest rate though it will save you on the amount of cash you need upfront. Typically…

by Cindy Parrish | 03/15/16

About Real Estate Acronyms

If you find yourself stumbling over weird acronyms in a real estate listing, don't be alarmed. There is method to the madness of this shorthand (which is mostly adopted by sellers to save money in advertising charges). Here are some abbreviations and the meaning of each, taken from a recent newspaper classified section: * assum. fin. -- assumable financing * dk -- deck *gar -- garage (garden is usually abbreviated "gard") * expansion pot'l -- may be extra space on the lot, or possibly vertical potential for a top floor or room addition. Verify actual potential…

by Cindy Parrish | 03/15/16

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