All Forum Posts by: Joe Marcum

We use Kelli Mulberry, but she's in Cynthiana. Another investor friend recommended LEX TAX in the Park Hills Center .859.585.7653 email [email protected]

-Joe

This is all just my opinion, so take it for what it's worth :)

If I have the right house, based on one of the pics from Zillow, your intuition about some plumbing issues may be true. There was a 24 hour plumbing service truck in the driveway on 8/8/2014 :)

There seems to be a stigma with this type & age home, ie ~10 years old, foreclosed on, etc...

It's been my personal experience that home buyers in the Lexington area seem to now have much higher standards, especially first time buyers. They want granite\hardwood, all new and shiny, just like they've seen on HGTV.

From their perspective, for the same or slightly more money, ($130-$140's) they can build a new house to suit them, picking colors\appliances\floor plans\finishes etc, and be the first occupant.

Additionally, I've seen the banks start to do some minor rehab\freshening up of this type of home, exactly what appears to have been done here - new stove\microwave, carpets cleaned or replaced with builder grade, some fresh neutral paint etc, in hopes making them more appealing and moving them faster.

Also, the lot seems tiny, less than 1/10 of an acre, and there do seem to be A LOT of recent foreclosures in the immediate area, which may scare off some buyers.