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Interested in Foreclosed Property. Check out REOinsider.com for our List of Bank Owned Property!!!
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Find Out About the Latest Homes for Sale First! We add our newest homes and other real estate listings to this web site first. It can be some time before they appear in the MLS. Find Out More > View All Offers >
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Real Estate Resources:
Special Offers - Special offers for Louisville, St. Matthews and Middletown homeowners from Jay Pitts.
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Ask Anything - Ask Jay Pitts anything real estate.
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Real Estate Tips - Jay Pitts realty library of real estate tips and advice on everything from preparing your home for sale to negotiating with home buyers to escrow, closing costs, property inspections, and mortgage brokers.
Real Estate Trivia - Jay Pitts collection of real estate trivia questions and answers that include real estate topics such as the most expensive home, largest swimming pool, and more.
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Making An Offer >Creative Offers
Putting together an offer on a home is easy if the buyer has a lot of money, a terrific job and impeccable credit. Many buyers are not in that precise situation, however. And while sellers like to get their asking price, good listing agents prepare them for the possibility of receiving offers that involve some compromises.
Successful real estate agents know how to put together creative offers and do whatever it takes to make a transaction work. If a buyer is low on cash, the agent may structure an offer that shifts closing costs to the seller, minimizing the amount of cash that the buyer needs to close. A variation of a lease purchase arrangement might be effective if a buyer has recently changed jobs or is self-employed. Owner-financing for part of the loan can make a difference in some cases. If your agent brings you a complex offer designed to get a buyer into your home, don't say "no" until you understand the offer.
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| Q |
What is the maximum interest you can deduct on your federal tax return to purchase or improve a first or second home?
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| A |
One of the greatest benefits of home ownership is the federal tax deduction for interest up to, but not exceeding, $1million. |
See More Real Estate Trivia > |
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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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