The Kentucky Real Estate Blog

One of the causes for the housing crisis, in my opinion, is that most home buyers did not understand the differences in the types of mortgages.  There are really two main types of mortgages; a fixed-rate mortgage and an adjustable-rate mortgage.    Fixed-Rate Mortgages have one set interest rate ...

Just about every client that I meet with now days ask me the question, should I consider buying a foreclosure?  Without question, there are some great stories about people getting wonderful deals on foreclosures, but there are just as many stories of people ending up with an unfinished house and ...

Today is going to be a little less educational and more personal impression. There has been alot of talk about what the market is and whether or not it's a good time to buy or sell or refinance.  Real estate is definitely a hot topic right now.  What is my opinion? First, about a week ago, I deci...

Another topic that so many home buyers get confused with is the mortgage.  The first aspect of the mortgage that "we" the real estate community is guilty of throwing around some of "our language" is with Pre-Qualification and Pre-Approvals.  What is the difference and which should you have when? ...

One of the most common misconceptions that I see right now is about the first-time home buyer tax credit.  I want to take a moment to do my best to explain this.  I am not an accountant, so please if you think you are eligible, go talk to your accountant, but here is some general information on t...