Monday, November 17, 2008

Buying a House in Louisville, KY

Buying a house in Louisville, KY is a great experience that can allow you to take advantage of opportunities not available in recent years. The housing market in Louisville has seen inventories increase and prices drop making it a good time for home buyers to get into the market. In addition, Louisville's housing market has not seen quite the troubles found in other areas of the country.

If you want to buy a house in Louisville, KY the first step is to speak to a mortgage lender and ensure your credit report, credit scores, and debt/income requirements are going to allow you to make a sound home buying decision.

The next step is to contact a Louisville, KY real estate Realtor and partner with them to ensure your best interests are protected when buying a home. Kentucky real estate law allows buyer's agency, which means you can secure exclusive representation from a real estate Realtor who is regulated by legal and ethical guidelines designed to protect your interests. This is usually done at little or no cost to you!

After finding a real estate agent, you should begin to search the internet for all Louisville, KY MLS Listings. Make sure you prioritize the homes you find by how well they fit your needs and wants, their location, and whether of not they have any additional features that add value for you.

Now you can select the homes you wish to see the most and make plans with your real estate agent to preview them. After finding a house in Louisville that fits your needs best, then you can put in an offer and enter negotiations.

I wish you luck buying a house in Louisville, KY! It is a great time to be a buyer in the real estate market...

2 comments:

Robbert said...

This indeed is the right time to get into the market, but still most of the buyers are waiting, i don't get it why? I mean this by far is the best time with the real estate meltdown, I don't see prices going even lower than this! Buyers come on wake up now!

Downtown Development Louisville said...

What are you waiting for buyers?Its time to buy,Lets take advantage while the price is low.

-Ella