Lexington, KY Real Estate News

By Lizette Fitzpatrick, Lizette Realty, Lexington KY MLS - Kentucky Homes
(Lizette Realty - Richmond KY)
Lexington KY Downtown Condos and Lofts for sale Recently, I spent some time exploring the condo and lofts available in downtown Lexington KY. The clean lines of contemporary and modern are really looking good to me. There is something for everyone and the convenience of being in the heart of the city is intoxicating. If you are looking for something new in the way of housing, there are some good buys in real estate downtown. More people are thinking of moving to the city that work nearby. With gas prices and the cost of living it will be the trend of the future.   Some of the Lexington KY downtown condos and lofts are available in:   The Lofts At Main & Rose Nunn Building Lofts City Court Lofts Kimball House Square Cigar Flats Campbell-Hagerman Flats Centercourt South Hill Crossing 500'...
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By Erby Crofutt, The Central Kentucky Home Inspector, Lexington KY
(B4 U Close Home Inspections&Radon Testing (www.b4uclose.com))
It's been a very busy time for me lately but I had to share the egg story. Three times in the last three days I've had Robin's nests at the inspection.  Two were right on a window sill.  One was in a bush in the backyard. Gotta love that Robin's egg blue.  
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By Lizette Fitzpatrick, Lizette Realty, Lexington KY MLS - Kentucky Homes
(Lizette Realty - Richmond KY)
Christmas In Kentucky Is The First Saturday In May - Kentucky Derby   If you love horses and racing... the Kentucky Derby in Louisville KY is the pinnacle of it all.   Sure the race is the main event, but all the hoopla and hype that surrounds the famous race is a show unto itself.     Be sure to watch the 137th Run For The Roses this Saturday at 6:24 PM ET Read More on the Kentucky Derby         Check out the latest issue of I LOVE KENTUCKY NEWS!       REQUEST A KENTUCKY RELOCATION PACKET! Finding a new Kentucky home with VA Loans has never been so easy!   Just click on the links below. LEXINGTON KY RESIDENTIAL HOMES FOR SALE  RICHMOND KY RESIDENTIAL HOMES FOR SALE    Lizette Fitzpatrick- Principal Broker at Lizette Realty. For more information on Kentucky Horse Farms and Lexington KY ...
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By Shanna Perino, Certified Professional Organizer/Licensed Realtor
(A Sense of Order - Organizing for the Home and Office)
Ms. Fix-it Faire Offers Women Do-It-Yourself Workshops in Lexington, Ky Are you a woman with a desire to do some of your own home improvement projects?  Well, here's your chance to learn some of the most popular areas of home maintenance and improvement.  The Ms. Fix-It Faire runs all day tomorrow, Saturday, April 30, 2011 in Lexington, Kentucky and offers a full day of workshops in a variety of subjects geared especially for the ladies. Want to learn the basics of carpentry, painting and electrical repair?  Want to change your tile backsplash, install new blinds or weatherize your home?  Like to get your hands dirty?  How about installing a raised bed garden or a retaining wall?  And last but not least, yours truly will be teaching a class on how to design and install a new closet orga...
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By Lizette Fitzpatrick, Lizette Realty, Lexington KY MLS - Kentucky Homes
(Lizette Realty - Richmond KY)
  Study Lexington KY Real Estate The Easy Way - Read I Love Kentucky News!    Now, it's SUPER easy to search and discover homes for sale in the Central Kentucky area. 1. Click open the button below to begin your search. 2. Next save the page to your favorites to be able to quickly search anytime.   Need to see the latest listings, homebuyer information and more  delivered to your email mailbox every Thursday? Sign up for the ONLY Central Kentucky Email Newsletter about Real Estate I LOVE KENTUCKY NEWS! Click the picture link below to email Lizette to subscribe:  Getting to know Lizette through her newsletter, convinced us that she was the right Realtor for us. We continue to read "I Love Kentucky News" each week. The newsletter always gives us ideas on local events to attend or new plac...
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By Shanna Perino, Certified Professional Organizer/Licensed Realtor
(A Sense of Order - Organizing for the Home and Office)
Lexington, Kentucky Offers Safe Disposal of Medications The newest form of "hazardous waste" collection available in Lexington, Ky is for medications of all kinds.  The Lexington-Fayette Urban County Government (LFUCG) is holding its second ever Med-Toss event, this Saturday, April 30, 2011, to collect and safely dispose of expired, unused or unwanted medications. What's the big deal, you might ask.  Why can't I just dump my medications into the trash or down the toilet?  For years, the standard disposal method has been one of those two options.  However, recent studies are finding alarming levels of prescription medications in local water supplies all over the United States.  How does this happen?  When medications are dumped into the trash, they are taken to the landfill, where they o...
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By Lizette Fitzpatrick, Lizette Realty, Lexington KY MLS - Kentucky Homes
(Lizette Realty - Richmond KY)
  Lexington KY Horse Farm - Kentucky Horse Farms For sale It's the stuff dreams are made of.  A Kentucky horse farm is a fabulous piece of property and a few are for sale in Lexington and surrounding counties. Many people I speak with that relocate from other states tell me that a Kentucky horse farm is something they have always dreamed of. We spend hours touring the properties within the client's price range until they find just the right fit for their equestrian needs. The smaller ones start at 10 acres and larger farms may have more amenities like training tracks and exercise rings or buildings for extra storage. In Kentucky our lives revolve around these beautiful horses and their needs. Lexington  Kentucky is the "Horse Capitol Of The World". In the counties surrounding Lexington ...
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By Erby Crofutt, The Central Kentucky Home Inspector, Lexington KY
(B4 U Close Home Inspections&Radon Testing (www.b4uclose.com))
Got a moldy spot in your ceiling. This could be the cause. Keep an eye on your plumbing vent boot flashings. Cracks should be repaired before water damage and mold growth starts. Click the picture for a full size image!          
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By Paul Campbell Realtor Lexington, Kentucky Homes for Sale
(Rector Hayden, Lexington, Ky)
Everyone wants a really good deal. Buyers today read about how they can "steal a house." The wise buyer will be careful to not kill a deal because they "cannot steal a house." Buyers consider the following. Interest rates are at an all time low.  When rates do go up historically they go up quickly.  Look at what happens to your payment if rates suddenly start rising. Lets assume you are willing to pay $150,000. At 5 percent interest  and 20 percent down your payments will be making payments on $120,000 Not including taxes or insurance your payment is $644.19, at 5.5 percent your payment is $681.35 and at  6 percent it is 719.46.  Historically 7 percent interest has been considered an acceptable interest to pay.  At 7 percent your payment will be $798.16.  A two percent increase in inter...
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By Lizette Fitzpatrick, Lizette Realty, Lexington KY MLS - Kentucky Homes
(Lizette Realty - Richmond KY)
Send Out Cards - Lexington KY - Greeting Cards Can Change Your Life I'm always into re-inventing myself all the time. I take the time to make adjustments, move things around or throw out what doesn't work anymore. I've been guilty of focusing upon the hard work instead of focusing on the love of the work. That had to change. While I was pondering this...  I started taking the time to get back in touch with the people that are important to me by sending greeting cards. When you get wrapped up in your work, you don't take time to "see the people". Sure I show houses and go to meetings, but leisurely lunches and dinners for fun with friends usually get put on the back burner. Somewhere along your flight path, opportunities materialize to make you more aware of where you are and what you s...
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By Erby Crofutt, The Central Kentucky Home Inspector, Lexington KY
(B4 U Close Home Inspections&Radon Testing (www.b4uclose.com))
One of Erby, The Central Kentucky Home Inspectors lectures for Kentucky Home Inspection clients: A lot of what we're going to be talking about today is just like that seat belt in your car. You hope you never, ever need it (and so do I), but when you're driving down the road and say to yourself "Oh, my goodness, I think I'm going to have an accident (actually most of us use a shorter two word phrase that starts with OH!), it's way to late to reach for your seat belt. It already needs to be in place or it won't do you any good. There's a lot of seat belts in your home: smoke detectors; anti-tip brackets on kitchen stoves; carbon monoxide detectors; ground fault circuit interrupters; arc fault circuit interrupters; guard rails; grippable handrails on stairs; door locks; window sill height...
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By Lizette Fitzpatrick, Lizette Realty, Lexington KY MLS - Kentucky Homes
(Lizette Realty - Richmond KY)
 HAPPY ST. PATRICK'S DAY At least the sun is shining and it does feel like spring is finally arrived. I think we can count ourselves lucky to live in the USA.  Things are looking up in the real estate market also. The Lexington Kentucky area was never hard hit like other areas of the country. Our homes sell close to 95% of list price.  Average days on market is 139 days. Yes, we are lucky in Kentucky!  Read all about it in today's I LOVE KENTUCKY NEWS!   REQUEST A KENTUCKY RELOCATION PACKET! Finding a new Kentucky home has never been so easy!   Just click on the links below. LEXINGTON KY RESIDENTIAL HOMES FOR SALE  RICHMOND KY RESIDENTIAL HOMES FOR SALE    Lizette Fitzpatrick- Principal Broker at Lizette Realty. For more information on Kentucky Horse Farms and Lexington KY real estate  ...
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By Lizette Fitzpatrick, Lizette Realty, Lexington KY MLS - Kentucky Homes
(Lizette Realty - Richmond KY)
Can A Home Inspection Kill Your Deal? As you go out home shopping you need to consider that the house you fall in love with will need to pass a home inspection. Some things are minor and no house is perfect...but it's good to have homes professionally inspected. Many interesting things are uncovered by an inspector. An FHA loan also has many requirements for a home to pass that seem like overkill. Like peeling paint, cracked foundations, height of steps and no hand railings and many more items.   Many times this happens on a property that is being sold, "As Is". There is a good reason why sellers sell homes like this...because they don't want to make any repairs.  After an inspection on an "As Is" home, you can't ask sellers to fix anything and your FHA loan may require items to be repa...
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By Paul Campbell Realtor Lexington, Kentucky Homes for Sale
(Rector Hayden, Lexington, Ky)
The harsh Kentucky winter reared its head again today with gusty wind and slashing icy rain.  However the crocus are bursting forth in bloom.  The bright yellow and blue crocus blossoms here a 2342 Jessamine Station Road in Wilmore are the first promise of spring.   The beauty of this half acre paradise is just beginning to be revealed.  Sign up for a showing of this beautiful home.
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By Jody Moore
(Blue Shirt Photography | SendOutCards)
Have you staged your house to put it on the market for sale? Are you trying to stage your house to rent? There's no question that good staging can improve your chances for you to sell or rent your house over a house that is not, but after the house is staged what happens next.   It is now time to market your house.     You either find a realtor to sell or rent your house or try to sell your house for sale by owner or for rent by owner. Right? Correct!! Either you or your real estate agent is going to walk around your house and take photos to put on the MLS, or Craigslist.    These photos may even be distributed to Hotpads, Backpage, Zillow, Trulia, local newspaper(Jessamine Journal, Herald Leader), Realtor, fsbo.com, forsalebyowner.com, LBAR, Google, Overstock and the list goes on and ...
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  1. Screen potential tenants.  Your Property Management Company has to have some sort of system in place to effectively determine what sort of tenant you will have in your property.  This is usually done by pulling a credit report to see if there have been past evictions, history of late payments, or charge offs.  Another thing they should check for is whether they have a past criminal history.  Some companies will check personal references which I find to be pointless.  Lastly, employment verification or other income verification will need to be checked to determine if they indeed can afford to rent from you and checking with their prior landlords. 2. Make repairs.  Whether the Management Company or YOU make the repairs, it is extremely important to know who is responsible for this ac...
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By Lizette Fitzpatrick, Lizette Realty, Lexington KY MLS - Kentucky Homes
(Lizette Realty - Richmond KY)
ge Changes In the past, I have had clients that spent a lot of time chasing down the best rate for different lenders.   Well... pretty soon that exercise won't do you a bit of good.    Starting April 1st, all lenders will have the same rate to offer buyers. There won't be anyone that can offer you a better deal. It will level the playing field.   What you will have to look for is the best service.Get expert advice on this.    After all the years in real estate,I can tell you that all lenders do not work the same.   I know the ones that work hard, stay in close touch with clients and their agents, can get loans closed on time or can troubleshoot with accuracy when sticky problems arise.   Ask me and I can give you a very short list.   Another change is that the lender will be required t...
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By Lizette Fitzpatrick, Lizette Realty, Lexington KY MLS - Kentucky Homes
(Lizette Realty - Richmond KY)
How can you get to a successful closing on a new home? It's simple...Choose a local lender.   Ask your Realtor/Broker to recommend someone that has a good track record of getting to a successful closing. We know who is good and who is not.   Over the years, I have seen many deals that never make it to the closing table. There are a number of issues that come up and I am always amazed that these happen in the eleventh hour.   It almost never fails that the problem is compounded because the lender is not local.     My red flags might be:   1. They never answer their phone or call you back in a timely fashion. 2. There are too many people that you have to talk to about your loan. 3. Strange requests of paperwork or documents. 4. They have no local closing attorneys to do title searches. 5....
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By Lizette Fitzpatrick, Lizette Realty, Lexington KY MLS - Kentucky Homes
(Lizette Realty - Richmond KY)
Sure, the snow is still on the ground, but smart shoppers are already calling us to go look at homes and put offers in. Some of the best buys are the properties that have been on the market all winter. The prices have been adjusted and are really good buys.   If you plan to get your home sold this spring, start working on it now and plan to get it listed in the next few weeks. Give us a call if you would like visit to get ideas on what to do for staging or repair.   We can also give you an idea on what to price your home. The market price will only be what has sold the past 6 months. The sold comps are what the appraisers will use to find a value for your buyer's loan.     Homes are still selling very well here in Central Kentucky. Thankfully, we are not like other parts of the country ...
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By Shanna Perino, Certified Professional Organizer/Licensed Realtor
(A Sense of Order - Organizing for the Home and Office)
Your Location Inside the Time Zone Determines Your Daylight Hours Can I just say how very, very happy I am that the days are getting longer, that it is not pitch dark by 5pm?  When we get into the depths of winter here in Kentucky, I count the days once we hit December 21, waiting for the days to get longer. I really almost don't mind the cold temps as long as there is sunlight.  And at least it has not been as dreadfully gloomy this winter as it was last year. I remember counting only about 3 days of sunshine in January of 2010.  Yuck! What I have found to be, by far, one the hardest things to adjust to since moving from Los Angeles, Ca to Lexington, Ky is the difference in the time of sunrise. I can sort of handle the sun being lower in the sky during the day, especially in winter, bu...
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