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Drive through just about any neighborhood in America and you're likely to find empty houses. Shiny new homes that never found an owner are abandoned by bankrupt builders. Subdivisions left largely unfinished by cash-strapped developers. It seems to be especially unnerving to see the "SUPER-SIZED" or what has been coined the "McMansion" sitting empty. It is a glaring reminder that, in a bad economy, anyone can lose their home.
It's sad to watch a family have to pack and leave their dream home. They hang on and make their mortgage payments while trying to sell their home for months or even years. As they struggle to make the mortgage while suffering a job loss or pay cut, the value of their home continues to go down. Realizing they're fighting a losing battle, they finally give up and move out, opting to find a home to rent that they can afford, while continuing to try to find a buyer, hoping the bank will accept a short sale. Often the only option left is to just give up and let the bank foreclose. It has become epidemic across the nation.
When this happens, the negative affects spider out to the adjoining neighbors, and eventually, as the numbers of empty homes grow, entire communities and even the states suffer. An empty house is a target for vandalism. Weeds grow where there once were beautiful gardens, and the dandelions begin to take over the lawn that used to be lush and green. Swimming pools half-full with water invite mosquitos and safety issues.
What can you do to help protect your neighborhood from decreasing values and vandalism? Here are a few tips:
1. Ask your local police department to check on the empty home on a regular basis.
2. Alert the health department in your area if an empty home has a swimming pool that has become a mosquito haven.
3. If the home is listed, ask the listing agent to add timers to the lights so they come on at night. Keep curtains and blinds closed so that it is not readily apparent that the home is unoccupied. If the home doesn't already have a security system, ask the agent to add inexpensive door jamb alarms.
4. Ask the homeowner's association if there is money in the budget to help keep up the lawn maintenance.
5. Ask for volunteers in the neighborhood to take turns checking on the home to ensure all locks are secure and nothing has been vandalized.
Whether an empty home is a McMansion or a starter home, the negative repercussions affect all of us, and we need to do our part to help protect our property values. Of course even diligently caring for an empty home won't guarantee a buffer against value loss. The very fact that it has been sitting empty will bring out the bargain shoppers wanting to "steal" the home, which can have a very negative impact on your home's value. But at least you will keep the neighborhood looking nice and keep the home(s) from becoming an eyesore.
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If you are moving to the Louisville KY area, be sure to put Oldham County on your list to visit. Crestwood, Pricspect, Goshen, Lagrange, Pewee Valley and Buckenr are wonderful small towns that are at Louisville back door. Check out the Oldham County KY Relocation Guide at http://www.squidoo.com/OldhamCountyRelocationGuide
If you have questions email me at info@familymoves.com or leave me a message at 502-212-7421.
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Here are several Oldham County neighborhoods with community swimming pools, might have left out a few, but I think I hit most of them. Let me know if I left anybody out.
Longwood homes range in age from new construction to about 3 years old. Prices range from $600,000 up to $800,000. Along with the fine executive style homes in Longwood it also has many amenities to offer as well. Longwood has a community pool, clubhouse, tennis courts and an active community.
To see current homes available in Longwood check out Longwood Homes for Sale
Hillcrest homes range in age from new construction to about 10 years old. Prices range from $450,000 up to $900,000. Hillcrest has a community pool, clubhouse, tennis courts and an active community. Also, there is an elementary school in the neighborhood.
To see current homes available in Hillcrest check out Hillcrest Homes for Sale
Paramont Estates is a beautiful neighborhood with much to offer its residents. Paramont has a 15 acre lake that offers fishing and recreational boating. Some of the homes back up to the lake and offer dramatic views. It also has a clubhouse with a a large great room with an open fireplace and private bar area. There is also an indoor junior olympic sized pool, saunas, whirlpool and sundeck overlooking the lake. Paramont Estates also has tennis courts, 2 raquetball courts, a fitness center and snack bar. The annual assessment for the home owner's association is around $1500 per year.
Paramont Estates (Oldham) Homes Sizes 4000-7000 sqf Price Range $600's to $900's
Homes for Sale in Paramont Estates
Glen Oaks
Take Hwy 22 from the Gene Snyder to left on Hwy 1694 and then Right in to Glen Oaks.
Homes in Glenoaks range from the $320,000's up to $800,000. Glen Oaks has a country club that offers an 18 hole championship golf course, swimming pool, tennis courts and restaurant and grill. Part of Glenoaks is in Jefferson County and part in Oldham County. You will want to make sure which section you want.
Also, if a neighborhood does not have a community pool, check out the Oldham County Country Club (Video Link). They have memberships available and includes golf, tennis and the pool. It is a great facility.
Need more info on Oldham County, here is a list of helpful sites:
Crestwood, KY Homes, Schools, ...
New Homes in Crestwood, Prospe...
Buckner KY Homes Schools Fun a...
Oldham County KY Relocation Gu...
LaGrange, KY Homes, Schools an...
Briar Hill Estates in Crestwoo...
Stonefield Trace in Buckner KY
First Time Homebuyers in Louis...
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Briar Hill is a great neighborhood in the southern portion of Oldham County (Area 21) that's been nice for 20 years and is now taking off! About 24 years ago they started building custom homes on larger lots without moving too far east of the Jefferson County line. Today they're building even nicer, custom homes, similar to those you might find in Hillcrest on Oldham's north side. Because of it's location in Crestwood and growing size, Briar Hill is a popular place for a homebuyer seeking the top-rate Oldham Co. schools without moving too far from Louisville. If you like GlenOaks, you should also consider Briar Hill! Read More »
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Introducing Majestic Woods Grand Closeout. Jagoe Homes is proud to say that our exclusive neighborhood, Majestic Woods, located between the Springhurst Community and Dawkins road is now 75% SOLD OUT! That means there are only 19 opportunities left to own a personalized home of your own in peaceful Majestic Woods.
Majestic Woods is just 2 minutes from I-71 and 3 minutes from downtown La Grange and 15 minutes from Louisville. Our homeowners love the country like setting, surrounded by greenspace yet so close to everything. We still have a few homesites left that have a wooded view!!
Quality Jagoe Homes range in price from $149,000 - $300,000+ Any floorplan you choose and personalize the home with features that are important to you. All Jagoe Homes are Engery Star Certified, which could save you 30-40% off your heating and cooling bills monthly! Jagoe Homes is also a Certified Green Builder which means fresher, cleaner air for you and your family.
Jagoe Homes is now offering rate buy downs and upto $2,000 in closing costs paid by us, if you use our prefered lender.
Attention first time home buyers...its not too late to build your home and still get the $8,000 tax incentive, but time is running out.
Visit me, Danielle at our model home today: 1203 Royal Ave. La Grange, KY 502-225-5188
The following pictures are homes that have already been built in Majestic Woods:
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