It’s a popular misconception that millennials aren’t buying homes. In reality, millennials have made up the largest home buying market in the United States for the past 5 years. The American Dream of homeownership is still alive. Still, there are unique challenges that face this generation when it comes to purchasing a home. If you’re a millennial or a first-time homebuyer, here are some tips on making your dreams of becoming a homeowner come true. Minimize Debt If you’re you

Did you know that it isn’t necessary for an attorney to be present at a real estate closing in Kentucky? You may see retaining a real estate attorney as one less thing to worry about in the already complicated process of buying a home, but think twice. Having a qualified real estate attorney involved with your home buying process is vitally important. What Does a Real Estate Attorney Do? A real estate attorney’s role begins after the selling price and terms have been negotiat

A property deed is a written and signed legal instrument used to transfer ownership of real property from the old owner (the grantor) to the new owner (the grantee). Essential Deed Elements Each state has its own requirements, however in Kentucky most deeds must contain several essential elements to be legally valid: It must be in writing. The grantor must have legal capacity to transfer the property and the grantee must be capable of receiving the grant of the property. A pe

This is a very exciting time! You are so close to owning your new home! At this point you’re thinking about packing, moving logistics, and a myriad of details that will all come together ultimately bringing you to your new home. But there’s one more detail before closing day that needs your attention. It’s the final walkthrough of the home you’re purchasing. Many homebuyers breeze through the final walkthrough without paying close attention to this last chance to make sure ev

There are two different kinds of title insurance policies: lender’s and owner’s. Almost every lender in a consumer transaction will require that the purchaser buy a lender’s title insurance policy to protect the lender against title defects from the past. But lenders do not require that purchasers buy title insurance to protect their own interest in the property. Over the years, we have seen hundreds if not thousands of title defects. We firmly believe that purchasing propert

You don’t have to have the luck of the Irish to have a smooth closing on your real estate transaction even in March. Why rely on luck when you have a reliable attorney to count on? Buying a home is a complicated process and there are a number of places along the way where complications can happen. This is true for everyone from a first-time buyer to a veteran buyer who has been through the process many times. Each potential sale requires detailed attention to ensure that the

When you’re buying a home, you’re making a major investment. It’s a transaction that will affect your life for years to come, and that can be a positive affect or a negative one. It shouldn’t be taken lightly and having a seasoned professional at your side can make all the difference. In Kentucky, anyone can handle a real estate transaction. No license is required, and no state or local agencies oversee the closing process. In fact, Kentucky requires more training and licensi

February is the month to show the love you have for the ones you hold most dear. At Borders and Borders we love our community, and the best way to show our love is with our service. Not just on Valentine’s Day, but every day. Our attorneys volunteer with and serve on the boards of directors of several charities. We currently serve, or have served on the boards of directors of Habitat for Humanity of Metro Louisville, Hand in Hand Ministries, the Housing Foundation, E.P. “Tom”

Borders and Borders is excited to introduce you to our new and improved website. The new site is designed to provide more convenient access to both our people and information about our firm. It has been developed to enhance your experience in finding important information, contacts at our firm and a highly experienced real estate closing team that’s ready to serve you. Our new site reflects the care we have for our community and the high-quality work we deliver every day. Our