Red Edge
real estate news

Buy or Rent? Advice for You Smarties.

Considering buying a Louisville home? Three things to keep in mind.

Full disclosure: I'm a real estate agent who makes a living helping people like you buy and sell houses. So, of course it's in my interest for you to buy a home. But is it in your best interest? Here's a question to ask yourself and a couple things to think about.

1. Do you have a good credit score? If so, you'll likely be able to get a lower monthly mortgage payment than what you pay in rent. This is one of the benefits of living in Louisville - real estate is relatively cheap.

2. Interest rates are crazy-low. Seriously. When interest rates are low, you can save anywhere from $30,000 to $60,000 over the life of your loan. This is a great time to buy and lock in a low rate.

3. Sellers are in the mood. Between March and May, you'll find the most houses on the market. You'll have a better chance of finding your dream home if there's plenty of inventory from which to choose.

Post a Comment

news archives

Posts By Category

All Categories Design (16) Foreclosure Deal of the Day (2) Louisville Events (36) Louisville Interior Design (7) Louisville KY Housing Market Statistics (22) Louisville KY Neighborhoods (35) Mike Hall Listings (18) New Red Edge Listings (2) Oldham Co Neighborhoods (1) Real Estate (19) Red Edge News (3) Why Move to Louisville (3)

Posts By Month

Grab Our RSS Feed
Selling Your Home?

If you are considering selling a home in the Louisville area, contact us first to get a free valuation and market analysis.

Free Market Analysis
Our FREE service provides you with your home's current market value and suggested selling price.