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March 2019 Edition                           www.parkerandklein.com
We want to set you up for success when buying and selling this year!
What Makes A Seller Leery?:
 
1. Out of state & online lenders. Sellers prefer the security of a reputable bank or mortgage broker with a local presence. 

1B. No Pre-approval letter. Signals the seller that you are not ready to purchase and may not get your lending. Always submit an approval letter or proof of funds with your offer.

2. Buyer demands in the initial offer. Requesting personal items or making demands for repairs can sway a seller to choose another less complicated offer.

3. Low good faith deposits. A higher deposit sends a signal that you are serious. 1-2% of offer price is standard so going above that will help.

4. Long contingency periods. Reduce the amount of time for the inspection period, appraisal period and lending approval. The seller are enticed by offers that get contingencies settled quickly. 

5. Contingencies period. Any contingency that you are able to remove or shorten the time frame for release (inspection, survey, appraisal) will encourage the seller want to choose your offer-even if the offer price is a tad less than another offer. Be prudent and creative.

 
What Makes A Buyer Leery?:
 
1. Over Pricing: Buyers don't care what you paid, what you have put into the house or what you need to get out of the house on a sale. They choose a home based on its value relative to the other choices they have in the current buying market.

2. Lack of Photos & Details: You get one moment in time to come onto the market as a "New Listing". If the images are not professional and the public comments are not compelling, it's easier for the buyers to pass over your listing online and move on to the next home. Attention to details when marketing is super important.

3. Too Much Clutter: When a home is full of personal belongings the buyer cannot visualize themselves in the space. Too much furniture can make the space feel smaller. Living in a home and selling a home are two different things. Be open to removing furniture and clutter. The change is for a short amount of time and can pay off in a big way.

4. Your Home Needs Small Repairs: When a buyer sees repairs that have been left undone they suspect that more has been neglected. Take care of the small stuff: Sticking doors, loose knobs, stains from previous roof or plumbing leaks,  broken appliances, clean gutters...they all add up 

5. It's Too Personal: Remove as many personal items as possible. Family photos, mementos etc. If your upgrades are highly personalized, try to minimize the impact. Choose unified, neutral paint colors, remove murals on walls, replace colorful carpeting etc.  Stay neutral.
 
Let us coach you on how to position yourself to win when you are buying or selling.  Each sale/purchase is different and requires a unique approach. Experience helps so let us guide you to success and an ACCEPT!
Upcoming In Our Community
KMAC Couture
Art Walks the Runway
715 W. Main St.
April 20th 7:00PM
Runway Show & post show
LINK HERE



CSA for 2019
Fresh organic veggies weekly
20 weeks of organic produce
$550 total- 1 box free is by 4/25/19
Choose your pick up location
Learn More

 
1011 Windsong Way
$345,000

LEARN MORE

 
503 Macon Avenue
$289,000
Under Contract in 2 Days

LEARN MORE

 
11612 Kings Lane
$249,000
Under Contract in 2 Days

LEARN MORE

 
13805 Stillwater Court
$320,000
Under Contract

LEARN MORE  

 
711 W. Main Street Apt Q & R
$725,000

LEARN MORE

 
4022 Woodstone Way
$775,000

LEARN MORE
4905 1/2 S. 3rd Street
$145,000

LEARN MORE

 

Pending Listings

  • 503 Macon Avenue
  • 11612 Kings Lane
  • 13805 Stillwater Court
  • 3905 Kennison Avenue

Recently Sold

  • 3205Longford Lane
  • 4602 Steep Ridge Court
  • 7406 Arapaho Drive
  • 513 Washburn Avenue
  • 82544 Ridgewood Avenue
  • 3923 Druid Hills Road
  • 604 S. 3rd St. #804
 
RATES
As of March 17,  2019

 
Conventional 30 YR. 4.375% 
 Down from last month @ 4.50%

Conventional 15 YR. 3.875%
Down from last month @ 4.00%

FHA 30 YR. 4.000%
Unchanged from last month

Courtesy: MortgageNetwork.net
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Summer is THE time for travel
Great Travel Tips, Websites and Apps

Everyone knows the basics: Keep your wallet secure, know where the embassy is located, don't advertise your trip on FaceBook until its over. The list below includes a few apps and blogs that will support and inspire you as you make your travel plans. From business trips to bucket lists, use these tools to make your travels a little more enjoyable!

APPS
  • Packpoint - packing list based on temp, length and location  LINK HERE
  • XE Currency Converter - calculates exchange rates  LINK HERE
  • Google Translate YES!  LINK HERE
  • Hotel Tonight - deals on last minute rooms. Excellent deals!  LINK HERE 
  • Culture Trip- deep intel on local to-dos in US and abroad LINK HERE
  • Lounge Buddy- best places to hold up on a long layover LINK HERE
Websites & Blog Links
  • Expert Vagabond - This guy posted best blogs for 2019  LINK HERE
  • Fathom Travel- link to a collection of amazing blogs  LINK HERE
  • Bucketlistly Blog- 10 most beautiful travel blogs  LINK HERE
Be sure to share us with your friends!
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Parker & Klein Real Estate · 317 Wendover Avenue · Louisville, KY 40207 · USA

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