Displaying blog entries 1-10 of 13
Its finally summer and we've got a slew of things to do right here in our own backyard in Northern Kentucky. And best of all, these won't break your bank. Enjoy your summer!!!
What a great way to spend the summer than listening to some excellent music with the ambiance of the Ohio River in the background. Here is the Gallatin County, Kentucky Summer Concert Schedule.....
An Advertorial Presented by Frost Brown Todd LLC
Written by: Kyle R Grubbs
I'm interested in purchasing a parcel of Real Estate, but the property owner just filed for bankruptcy? Can I still purchase the property? Is there anything special I need to do?
Yes and Yes. The Bankruptcy Code permits a debtor-in-possession to sell its real estate and other assets based on its reasonable business judgment. As with other purchases of real estate, as a potential purchaser, you should conduct standard due diligence including title, survey, environmental, zoning, and building inspections prior to purchasing the property. In fact, since there will be virtually no representations or warranties made by the seller, the purchaser's due diligence is even more important in the bankruptcy context. In addition, because the property owner is in bankruptcy, additional precautions are warranted.
First, the sale of the real estate must be authorized by the bankruptcy court if the sale of the real estate is outside of the debtor's ordinary course of business. In almost all cases, sales of real state will be outside of a debtor's ordinary course of business. To ensure the debtor obtains prompt bankruptcy court approval of the sale, the purchase contract should require the debtor to immediately file a motion seeking the bankruptcy court's approval of the sale.
Second, the sale of the real estate should be free and clear of any interest or lien of the debtor's creditors. Because the seller of the real estate is in bankruptcy, the property is likely encumbered by mortgages, mechanic's liens, judgment liens, and other encumbrances. Unlike a typical real estate transaction, liens and other monetary encumbrances are not necessarily paid at closing. To ensure your purchase is free from the claims of the debtor's creditors, the order authorizing the sale of real estate should provide, among other things, that the (a) sale is free and clear of all liens, claims, encumbrances, and interests and that any liens will attach to the sale proceeds only; (b) purchaser is a "good faith purchaser" under the Bankruptcy Code so that the validity of the sale is not affected by an appeal of the sale order; and (c) ten-day stay set forth in the Bankruptcy Code is waived and the sale order is effective immediately to avoid any post-closing challenges to the sale. You should work closely with your title company to ensure that the sale order is sufficient in all respects for the title company to issue you a clean title policy at closing.
This article was written by Sam Miller, Agent in Mt. Vernon, OH and one of Mike's friends.....try this out...it is WAY COOL!!!!!
Have you ever needed a quick phone number and didn't want to take the time to boot up your computer and search Google and you wanted to avoid the high charge for directory assistance or 411 connect? Have you ever wanted the phone numbers for the local movie theatres or pizza places near you and you don't have anything to write the numbers down on? There is a quick and easy way to get the information you want within 60 seconds and most of you can get the information quick and cheap with your cell phone and your text message feature.
Send a text message to this number: 466453 (I know this is a partial number but trust me it will work). Now type in what you are searching for and for your example use the following as a test: Plumber 43050 (of you can type in Plumber XXXX (enter your zip code where my x's are) Now simply press send and sit tight and within 60 seconds you will get a text message with the information. This works for client names, addresses and phone numbers and it works for just about anything you are searching. If you want another good test why not search your name or your spouses name and your zip code? If you have a spare moment send a text to 466453 and enter Realtor, Florence, Kentucky 41042 and see what comes up.
There are so many potential uses for this service and once you play with it a bit you will quickly see the many possibilities. Your family will love it, your past clients will love it, your team will love it, I have a feeling that pretty much anyone with a cell phone will find a use for it at some point. The key to remember is that if you do not have a text messaging account you will get charged a non contract text message rate. For those of us with text messages contracts and especially those of us who have unlimited text messaging this is a feature that we will be using on a very regular basis. Google has done it again and the speed of this service is amazing
With the Rates just dropping, NOW is a GREAT time to buy a home!!! One of our friends, Sam Miller, up in Ohio, posted this YouTube video and it explains why... Check it out!!!
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This blog was posted by some friends of ours, The Jones Team, realtors out of Tennessee....we thought we had to share because it is so good!!!
In a suprise move, the Federal Reserve announced this morning that it has cut the Federal Funds Rate three-quarters of a point, moving the key rate from 4.25 to 3.75 percent.
While it was no suprise that the Fed would slash rates, the shocker is that the US central bank would not only make the move before its scheduled meeting next week, but also implement the biggest federal funds rate cut on record going back to 1990.
In addition to dropping the funds rate, which governs overnight lending between banks, the Fed also slashed the discount rate it charges on direct loans to banks by three-quarters of a point to 4 percent. Many economists believe rates could be cut again at the Federal Reserve’s scheduled meeting on January 29-30.
Check out the full story here.
Submitted by Jill Kuchle:
Check out the following link http://www.wkrq.com/schoolclosings.php. It's sponsored by Q102 and Cincinnati Bell. You can sign up and have your school closing texted to your cell phone so when that snow storm blows, you can stay cozy in bed and you won't have to get up and stare at the TV til your schools scrolls across the bottom of the screen!!! TOO COOL!!!!
I am in Las Vegas today meeting with 51 of the top Real Estate agent team leaders from across the country. Bill Barrett, a former Certified Residential Specialist (CRS) instructor and a top national speaker, is hosting this annual retreat to promote the sharing of ideas among Real Estate industry leaders.
From 8:00 in the morning until 5:00 in the afternoon, we are engaged in a high-energy strategy swap meet designed to raise everyone’s game to a new level. Barrett requested that every attendee bring 51 copies of either a three-ring binder or CDs or DVDs of everything they have done this year to list and sell over 100 homes. These materials include prospecting strategies, listing presentations, sales scripts, marketing materials, customer service techniques, follow-up strategies, new technologies, time-management tips, and anything else that has been used to boost sales and productivity.
This is such a great opportunity be each attendee exchanges their materials and then commences in a back-and-forth discussion that provides all of us with the opportunity to present our best system. Barrett has let everyone know that this is not a time to plug vendors, and he has discouraged us from bringing any brochures from any of the vendors we use. He stressed that the retreat is an opportunity to share and gather ideas, systems, tips, and techniques that can boost sales and revenue over the coming years.
The list of participants reads like the Who’s Who of the Real Estate Industry:
Happy Halloween!!!! Listed below are trick or treat dates and times for area Northern Kentucky communities. These are correct to the best of our knowledge but please check with your local community if you have any questions.
Boone County
Burlington: Wednesday, Oct. 31, 6 to 8 p.m.
Florence: Wednesday, Oct. 31, 6 to 8 p.m.
Hebron: Wednesday, Oct. 31, 6 to 8 p.m.
Richwood: Wednesday, Oct. 31, 6 to 8 p.m.
Union: Wednesday, Oct. 31, 6 to 8 p.m.
Boone County: Wednesday, Oct. 31, 6 to 8 p.m.
Walton: Wednesday, Oct. 31, 6 to 8 p.m.
Campbell County
Alexandria: Wednesday, Oct. 31, 6 - 8 pm.
Bellevue: Wednesday, Oct. 31, 2 to 5 pm
Cold Spring: Wednesday, Oct. 31, 5 to 7 p.m.
Dayton: Wednesday, Oct. 31, 12 to 3 p.m.
Ft. Thomas: Wednesday, Oct. 31, 5 to 7 p.m.
Newport: Wednesday, Oct. 31, 6 to 8 p.m.
Southgate Wednesday, Oct. 31 4 to 7 pm
Kenton County
Covington: Wednesday, Oct. 31, 6 to 8 p.m.
Crescent Springs: Wednesday, Oct. 31, 6 to 8 p.m.
Crestview Hills: Wednesday, Oct. 31, 6 to 8 p.m.
Edgewood: Wednesday, Oct. 31, 6 to 8 p.m.
Erlanger: Wednesday, Oct. 31, 6 to 8 p.m.*
Ft. Mitchell: Wednesday, Oct. 31, 6 to 8 p.m.
Ft. Wright: Wednesday, Oct. 31, 6 to 8 p.m.
Independence: Wednesday, Oct. 31, 6 to 8 p.m.
Ludlow: Wednesday, Oct. 31, 6 to 8 p.m.
Villa Hills: Wednesday, Oct. 31, 6 to 8 p.m.
Grant County
Dry Ridge: Wednesday, Oct. 31, 6 to 8 p.m.
Crittenden: Wednesday, Oct. 31, 6 to 8 p.m.
Williamstown: Wednesday, Oct. 31, 6 to 8 p.m.
Corinth: Wednesday, Oct. 31, 6 to 8 p.m.
Gallatin County
Warsaw: Wednesday, Oct. 31, 6 to 8 p.m.
HAVE A SAFE AND HAPPY HALLOWEEN!!!!!!
Displaying blog entries 1-10 of 13
