Author: Jacob Michal

A hopeful individual sitting at a desk looking at a computer screen displaying the words FHA Loan Approval Process

How Can I Get An FHA Loan Approval With An Eviction?

By

Can I get an FHA Loan with an eviction? There is nothing in the guidelines for FHA that says you cannot get a mortgage if you’ve been evicted. You will likely be asked to explain what happened with a letter of explanation, but it’s not a reason to automatically decline your loan. To improve your … Continued

5 Estate Sale Tips for Property Owners in Louisville

By

Are you an estate representative who needs to liquidate an estate and are wondering how to have an estate sale? While typically held after a loved one has passed and the property has gone through probate, estate sales may be helpful when going through a divorce or other personal transition which requires the disposal of … Continued

What You Should Know About Real Estate Trusts in Louisville

By

Preparing for when a loved one passes will allow you to endure the loss without adding the stress and pressures of dealing with all of the details of an estate. If you’re wealthy, then the alarming tax rate on gits has likely been of concern. Taking action by preplanning for the distribution of an estate … Continued

Can A House Be Sold While In Probate In Louisville?

By

The answer to the often-asked question “Can a house be sold while it is in probate in Louisville Kentucky?” is “Yes”, but as is true of any home sale, you must adhere carefully to your state’s pertinent rules and regulations. The probate court will monitor every step and all aspects of the sale, and if … Continued

How to Sell a House in Louisville When There Are Multiple Owners

By

Owning a house with other people has a number of marked advantages: the financial burden of bills and repairs can be shared, and the labor of, say, yard work and maintenance is usually spread among multiple owners. But problems can come up when it’s time to sell. While the actual selling process is pretty much … Continued

Selling A House In Joint Names Divorce In Louisville

By

In most divorces, hard feelings between spouses make selling a Louisville house in joint names divorce difficult, as more often than not, one or both parties want to inflict as much emotional harm on the other person as possible. Unfortunately, the couple’s shared finances often take the brunt of this ax-grinding. When selling a house … Continued

Selling A House In Joint Names Divorce In Louisville

By

In most divorces, hard feelings between spouses make selling a Louisville house in joint names divorce difficult, as more often than not, one or both parties want to inflict as much emotional harm on the other person as possible. Unfortunately, the couple’s shared finances often take the brunt of this ax-grinding. When selling a house … Continued
the concept of doing due diligence for a real estate transaction and what the difference is between earnest money and a due diligence fee

Due Diligence Fee Vs. Earnest Money What’s The Difference

By

Due diligence money is non-refundable, whereas earnest money is refundable if the buyer decides not to buy the home within the due diligence period. Earnest money is usually a much larger amount than the due diligence fee. During due diligence, buyers thoroughly inspect the property to make informed decisions, uncovering potential issues negotiated in the … Continued
A worried homeowner looking at visible termite damage on the wooden structures of their home.

2024: What Happens If Your House Failed A Termite Inspection

By

A failed termite inspection indicates termite activity or damage, impacting the property’s value and integrity, requiring repairs and treatment. Repairs vary from minor to extensive, incurring significant costs. Additionally, the property’s market value may decrease due to termite issues, deterring potential buyers. Promptly addressing the infestation is essential to protect the property’s structure, meet legal … Continued
Small House on hand

Can A Lien Be Placed On A Property Inheritance?

By

Yes, a lien can be placed on an inherited property if the deceased had debts or legal obligations that secured creditors’ rights to the property. When an individual passes away and leaves behind unpaid debts, creditors often have the right to recover what they are owed from the estate, which includes any inherited properties.  In … Continued