Metro 1 Blog
Septic Systems in Kentucky and Indiana
Septic Systems. When buying or selling a home in Kentucky or Indiana in a neighborhood with septic tanks, make sure you inquire whether there are plans by the local municipality to convert to a public sewer system, because this could result in substantial future cost to the buyer when that occurs. If you are seller
New Protections from Lenders for Buyers, Home Owners and Sellers
Because of new rules just published by the Consumer Financial Protection Bureau (“CFPB”), homeowners, after years of abuse from their lenders’ mortgage servicing companies, will now find they’re not being steamrolled into penury. The new rules deliver a black eye to the well heeled mortgage industry and deal with 9 nine major topics: periodic billing statements, interest-rate adjustment
First the Injury, Then the Insult – Trouble Ahead For Short Sales
First the Injury, Then the Insult. In the 12 years I've been assisting distressed homeowners here in Louisville, Kentucky, I have seen that often their foreclosure has been preceded or accompanied by multiple crises, including divorce, ill health, massive medical bills, job loss and bankruptcy. And then, galloping in on a giant black stallion with
Short Sale: Should You Shut Off Your Utilities When You Vacate Your House?
Selling Foreclosure Threatened Home by Short Sale. Often when Sellers are selling their house in Louisville Kentucky or Southern Indiana, they ask us whether we think its a good idea for them to move out immediately or stay in the house during the listing and sale period, until closing. Those that chose to move out
How Dangerous Is It If I Lose My Closing Statement? Unreleased Mortgages.
Unreleased Mortgage Discovered. Two days before the scheduled closing of a New Albany Indiana short sale we'd been working on for 3 months, a new title search was run and a previously undiscovered unreleased mortgage was discovered. Seller swore it had been paid off, but when he looked for his closing statement from that refi,
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