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Home Buying in Paducah : Real Estate Advice

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Activity 16
Wed Dec 14, 2016
Sue asked:
I want to see properties with Acreage of 5-10 acres, 4 bedroom, 2 bath, at least 2000 sq ft. But I have to wade through many 1-5 properties in and around Paducah KY.. Not TN. How can I do…
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Thu Nov 19, 2015
CSO asked:
Tue Jul 1, 2014
Annette Lawrence answered:
Your question is, "Why are the houses so cheap....."
You do not ask "....low priced..' or 'inexpensive.'
You choose the word...CHEAP!

if you choose you can be in denial of the definition of the word CHEAP.

That is OK. DENIAL is a common currency today.
Do you know most folks with Appalachia origins have an accent?
Are you familiar with the "Hatfields and McCoys?"
Is it possible there exists a stereotype of Kentucky other that what surrounds Lexington?
Is it possible the History Channels program "Appalachia Bush People" or "Outlaw Moonshiners" influences more people than the Kentucky Derby or the Blue Devils?

I am confident you believe those who sing My Old Kentucky Home with tears in their eyes do not have an accent, but everyone else does. Sometimes we can't see the forest for the trees.

Homes are less expensive in Paducah because it is Paducah.
Some prefer conch shells and tropical breezes.

Your question, properly stated, must read, "Why are homes less expensive in Paducah compared to Key West?" Now we've got something to work with.
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Tue Apr 22, 2014
fortmanmark answered:
I'm sure your loan prospects fell through when your status changed to UNEMPLOYED!!!! I know of no lenders that would have been willing to give you a mortgage when you didn't even have a job and it was with good reason. UMMMM, let me see, it might have to do with your ability to make the payments!!! And guess what, they were not so dumb cause you haven't been able to find full-time job and you say you are getting behind on your bills. Instead of worrying about buying a house, you should have spent your time looking for a job. Generally speaking, real estate prices are proportionate to the jobs in the area---how many there are and how well they pay. In other words, the cheap real estate in Paducah area should have sent up a red flag. DANGER Will Robinson! There are no jobs and the few there are don't pay diddly squat. Nuff said??? ... more
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Sun Sep 22, 2013
Avid Newsreader answered:
My daughter and her husband have proved there are ways around not having a credit rating.

They are in their 30's had never had a credit card account or a loan in their lives, and never had a credit rating with either home they bought. They had only very modest savings.

They have bought two homes successfully with home loans and no money down. The banks' loan officers used written documentation from their utility companies and rental landlords of their own-time payments to qualify them for a home loan each time. Their latest loan was funded by a bank, and it's a 30-year loan with a very good interest rate. Surprisingly, each time the lender pre-qualified them for more than the price of the home they ended up buying.

It is also worthwhile to note that there may be different home loans available, depending on where the house is located and your income level. I suggest that you first get married and establish yourself by making reliable on-time payments of your rent and utilities.
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Wed Jun 5, 2013
Kim Glass answered:
Hi kmarchbanks,

My name is Kim and I‘m Trulia’s Community Manager. I’d love to help you—or find someone else who can. Can you please provide a bit more information about what you need? For example, an exact address including the city.

Thanks,
Kim
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Fri Feb 15, 2013
Barbara.burton2011 answered:
Wed Jan 16, 2013
Mark and Val Fredrick answered:
Dear Cartblue - As homes enter the foreclosure process, the information will become available in the county records. Mark Fredrick, 1st KY Realty, Broker
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Thu Jun 9, 2011
Joyce Johnson answered:
12800 Woodville Rd sold on 4/26/11 for $24,000.
Joyce Johnson
Realtor with Coldwell Banker Purchase Realty Group
270-933-9090
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Mon Oct 25, 2010
Bill Dunn answered:
Every house is different. Some of the nicer, newer homes may be priced at over $100 and some older homes well under that.
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Wed Jun 9, 2010
Bill Dunn answered:
In addition to the newspaper, try classifieds.vci.net and the Rentals section of paducahhouses.com
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Wed Dec 31, 2008
Bill Dunn answered:
BTW, the home at 165 Palisades Circle has a pending contract on it. If you are interested in another home let me know.
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Tue Jun 10, 2008
Kathy DeCoursey answered:
Angie,
The Multiple Listing Service is still shows it as available. MLS#42857 265 Watson Road Paducah, KY priced at $145,900.00. You should contact your Realtor of choice for further information and to set up an appointment for showing. GOOD LUCK!
I hope I have been helpful.
... more
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