Listing Details: Louisville, St. Matthews and Middletown, Kentucky Real Estate Listings & Homes For Sale Provided by Jay Pitts

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Reduced - REO - Foreclosure - Germantown

$40,900

Photo of 1072 E Kentucky St, Louisville, KY, 40204.

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Address: 1072 E Kentucky St	City/ST: Louisville, KY	Zip Code: 40204
Property Type: Multi Family Home	New or Resale: Resale	Square Footage: 3746
Bedrooms: 3	Bathrooms: 2	MLS# 1276932

Investors dream! Located right off Barret Ave, this corner lot duplex has great potential with three bedrooms, porch, great location and much more! Property is being sold as is with no warranties expressed or implied. Offers must be submitted with proof of funds for cash or prequalification letter. Seller may take several days to respond. Listing information is not warranted by seller or seller's agents.

Last Updated: 8/20/2010 11:06:51 AM

Listing Agent and Office: Jay Pitts, RE/MAX Executive Group

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Closing or Settlement >Net Sheet for Sellers

When you consider what price you should accept when selling your home, there are two important factors that will influence your decision. The first factor is the basic sales price. The second, and more important, is the amount you will actually receive from the proceeds at the closing.

Your real estate agent will prepare a seller's "net sheet" showing what your expenses will be. This will aid you in determining who pays what and when. It can help you to focus on the details of the sale.

A seller's expenses will include brokerage fees, real estate settlement fees, title insurance fees and special assessments. In some cases the buyer may ask you to pay some of the loan fees. Local real estate taxes will be pro-rated for you and the buyer, and you may be asked to place funds in escrow for payment of your final water bill. Subtract your mortgage balance any home improvement loans and other liens against the property that will be paid at the closing to come up with your final figures.

Your real estate agent can go over all of these factors with you when you list your home for sale and again as offers come in.

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Q	What document must lenders provide within three days of receiving your application for financing?
A	The "Truth In Lending Disclosure Statement" will give you complete financial information about the loan.
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Jay Pitts, REALTOR�, real estate agent and broker for Louisville, St. Matthews and Middletown, Kentucky home listings, property and land for sale - NUMBER1EXPERT

Jay Pitts
RE/MAX Executive Group
101 N 7th St
Louisville, KY 40202
Office: 502-561-3481
Cell: 502-572-0186
Fax: 866-741-0673
JayPitts@NUMBER1EXPERT.com
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