Life...Fun and Kentucky Real Estate

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What Would You Pay To Have Your First Car Back?

1974 Ford Pinto Lizette and Mark Fitzpatrick & SparkySome of us are lucky to have had a dream car for a first car.

Maybe it was not so much of a fabulous dream car...but a moment in time where we were happy to be independent and free.

The coveted driver's license gave us the ticket to ride and a way to escape our parents grip.

At first we had to learn at the wheel of the family car or an older friend showed us the ropes, but those days of bliss never quite fade away from our minds.

My older brother, Porter went away to the Navy and left his new, red 1974 Ford Pinto at the house along with the bank payments.

This picture was taken in 1974 and I am with the Pinto, my little brother, Mark and my dog, Sparky.

Dad took over payments while Porter was gone and Mom was going to be driving it.

That didn't last too long because once I taught myself how to drive a stick shift... that car was on the road 24/7. I lived to be driving that car!

Actually, I think I lived in that car and it was an extension of my rebel, take no prisoners personality. (It's still that to some extent)

I read the story of John Schnatter, the founder of Papa Johns,  wanting to find his old car that had so many good memories. It was a gold and black, 1971 Z28 Chevrolet Camero. He had sold it for $2800 to save his father's business and launch his own.

His offer was a $250,000 reward to anyone that would find his long lost...but not forgotten car. The whole story here.  

Years later...my worn out, red Ford Pinto was traded to a car lot to a white Oldsmobile Cutlass.

I think oil was dripping out the tailpipe when I drove it into the lot and I heard through the grapevine that the engine blew up the next week while the new owner was driving it on Main Street in Richmond KY.

I don't believe I would want that Pinto back. 

Lizette's dream carMy dream car was actually a 1971 yellow Jaguar with 12 cylinders, but to this date, I have never owned one.

Life has always been in the way of true bliss perhaps.

Maybe there's still hope!

 

Kentucky Horse Farm Nicholasville KY - Jessamine County - Horse Farms For Sale

Kentucky Horse Farm Nicholasville KY - Jessamine County - Horse Farms For Sale

If you have never seen one, you need to check out a Kentucky horse farm in Nicholasville. There are beautiful horse farms for sale in Jessamine County.

Many new clients are finding us on the website, www.lizette.us  and making arrangements to relocate to Kentucky. Once in Nicholasville, they fall in love with the ambiance of the stone walls, black plank fences, lush bluegrass fields and horses...everywhere! It's quite breathtaking to be here in person!Kentucky Horse Farm Nicholasville KY - Jessamine County - Horse Farms For Sale

My world has always been centered around horses, so I can understand why many buyers have a complete love for this relaxed way of life and search for horse farms for sale.

Visitors are always amazed with Central Kentucky and the towns like Paris, Versailles, Midway because this land where the legendary throughbreds of the race track are born on horse farms.

My clients usually have a Kentucky horse farm vision in mind and as we search I just know the right place may be here in Nicholasville KY.

I know that they will feel it in their bones as soon as they step onto the right property.

Kentucky Horse Farm Nicholasville KY - Jessamine County - Horse Farms For Sale Photo by Gene Burch

It's like coming home to an old friend. It will fit their lifestyle perfectly.

There's a lot of work to research and buy a Kentucky horse farm that is for sale. It's not a one size fits all. Many farms are better for Thoroughbreds but some are better suited for pleasure horses.

Everything here is a study of perfection including the type of grass in the field, style of barns, paddock watering systems, exercise areas, foaling, breeding and quarantine barns.

To take a look at some of the most beautiful Nicholasville KY horse farms for sale in Jessamine County. Click this link... Nicholasville KY Horse Farms For Sale

 

Read the Herald Leader Interview with Lizette Realty discussing Kentucky Relocation.

REQUEST A KENTUCKY RELOCATION PACKET!

Finding a new Kentucky home has never been so easy!

Just click on the link below.

Nicholasville KY Residential Homes For Sale

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Lizette Realty Lizette Fitzpatrick

Lizette Fitzpatrick- Principal Broker at Lizette Realty.

For more information on Kentucky Horse Farms and Nicholasville KY real estate 

click on www.Lizette.us  

Photography by Gene Burch at http://www.geneburch.com/

 Copyright © 2009 By Lizette Fitzpatrick, All Rights Reserved -

Kentucky Horse Farm Nicholasville KY - Jessamine County - Horse Farms For Sale

Kentucky Horse Farms For Sale - Keeneland Race Track - Lexington KY

Kentucky Horse Farms For Sale - Keeneland Race Track - Lexington KY

Keeneland Race Track in Lexington KY is quite a legendary place and horse race aficionados will tell you that there is no place in the world like it.

Nearby are legendary Kentucky horse farms. A few in Fayette County are for sale.

Keeneland is with out a doubt the most beautiful race track anywhere.

A jewel-box showcase for owners to present their best horses to well heeled spectators and serious horse people.

It's hard to put it into words, but here it is about pageantry, nobility, elegance and thrill of Thoroughbred racing.

The feel at Keeneland Race Track is very much like racing in England. Out-of-towners show up to see the horses but locals go there to watch the people.

My picture is of the walking ring where the brightly dressed jockeys get final instructions from trainers and get ready to be walked to the track.

This has been the same here since the 1930's.

 Amazing to many is that it is only open for racing twice a year...in the spring and then in the Fall.

When this picture was taken, it was a rainy day and the big race was The Bluegrass Stakes...a prep race that sometimes determines what colts are ready to go to the Kentucky Derby at Churchill Downs. Out-of-towners show up to see the horses but Kentuckians go there to watch the people.

Fillies will prep in the Ashland Stakes. Everything is built with comfort and beauty in mind at Keeneland Race track.

Many people come to Lexington KY to invest in Kentucky Horse farms. If it is one of your dreams to own horses and to race check out the farms that are for sale now.

Lexington KY Horse Farms

Lexington KY Residential Homes For Sale

 

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Lizette Fitzpatrick - Principal Broker at Lizette Realty.

 

For more information on  Lexington KY homes for sale. click on Lizette.us.

 

Copyright © 2009 By Lizette Fitzpatrick, All Rights Reserved

 Kentucky Horse Farms For Sale - Keeneland Race Track - Lexington KY

Bechtel Parsons - Blue Grass Army Depot - Richmond KY Relocation - Homes For Sale

Bechtel Parsons - Blue Grass Army Depot - Richmond KY Relocation - Homes For Sale

Have you accepted an offer of employment with Bechtel Parsons in Richmond KY? Congratulations!! Your work most likely be at the Blue Grass Army Depot.

Now it's time to get started on your Richmond KY relocation and find some homes for sale.Richmond KY downtown

It may be that you will want temporary housing before you buy a home.

Many new Bechtel Parsons employees do that.

Even if it is for a month or so... you will need to start looking at permanent housing.

It just makes sense for families and interest rates on mortgages are so low right now.

Time to build equity.

To get in the loop with what is going on in Richmond and Central Kentucky you might want to subscribe to "I Love Kentucky News".

 

Each week, I publish Central Kentucky's only weekly newsletter on the latest real estate listings, relocation and moving, listings sold, local events, giveaways, homebuyer and home seller tips, fun and entertainment.

Delivered fresh each and every ThursdayI Love Kentucky News

The picture above is of Keeneland Racetrack in Lexington, KY.

If you are shopping for a home or relocating to Kentucky...Why pick up a stale home's magazine when you can have all the hottest new listings delivered to your email? 

Subscribe today to stay informed each week.

Next you may want to plan a scouting trip to Richmond KY to see the layout.

Where Bechtel Parsons is located near the Blue Grass Army Depot, shopping, schools, hospitals, churches, entertainment and homes for sale.

Springtime Central Kentucky Tour With Relocation Clients

There are many places to stay for your brief trip but to really enjoy Richmond in a historical way, I recommend The Bennett House Bed & Breakfast downtown. If you are looking for something trendier there are many new hotels on exit 87 off I-75.

Relocation help is on the way...Call Lizette 859-979-2834One thing we send new Bechtel Parsons employees is a welcome packet filled with local information and maps of the area.

 We can tailor this with more specific items if you let me know some of your interests.

Richmond is really a fabulous place in the heart of KY. Lots of new shopping and restaurants and convenient to everything on I-75 with 7 exits in Madison County!

If you are looking for homes for sale, we can send the listings to you to review as soon as they are listed on the MLS.

Need a local lender? Not a problem...we can assist you with one that can help you get your financing together for a successful closing on a new home.

Read the Herald Leader Interview with Lizette Realty discussing Kentucky Relocation.

REQUEST A KENTUCKY RELOCATION PACKET!

Finding a new Kentucky home has never been so easy!

Just click on the link below.

RICHMOND KY HOMES FOR SALE

RICHMOND KY TOWNHOMES & CONDOS

Lexington KY Residential Homes For Sale

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Lizette Fitzpatrick - Principal Broker at Lizette Realty.

For more information on Richmond KY homes for sale. click on Lizette.us.

Copyright © 2009 By Lizette Fitzpatrick, All Rights Reserved 

Bechtel Parsons - Blue Grass Army Depot - Richmond KY Relocation -

Homes For Sale

   

Madison County KY - Kentucky Horse Farms - Richmond Kentucky - Homes For Sale

Madison County KY - Kentucky Horse Farms - Richmond Kentucky - Homes For Sale

I grew up on a horse farm in Richmond KY so I can understand the dream of wanting to own a farm in Madison County, many people from out of state travel here to find homes for sale or Kentucky horse farms to experience all we have to offer in Central Kentucky.Madison County KY - Kentucky Horse Farms - Richmond Kentucky - Homes For Sale

The land in some areas in Madison County is gently rolling, which makes it ideal for homes with walkout basements.

The lands near the Kentucky River have valleys and most homes and subdivisions are built on the hilltops. 

Many farms do have horses but most are for pleasure and not for the racetrack.

Still there are some nice Madison County farms for sale that have ideal situations to build new homes or have horses.   

 

See beautiful Richmond KY horse farms for sale in Madison County.

Click this link... Richmond KY 40475 Farms For Sale

  Read the Herald Leader Interview with Lizette Realty discussing Kentucky Relocation.

REQUEST A KENTUCKY RELOCATION PACKET!

Finding a new Kentucky home has never been so easy!

Richmond KY 40475 Homes For Sale

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Lizette Realty Lizette Fitzpatrick

Lizette Fitzpatrick- Principal Broker at Lizette Realty.

For more information on Kentucky Horse Farms and  Richmond KY real estate 

click on Lizette.us.

 Copyright © 2009 By Lizette Fitzpatrick, All Rights Reserved - 

Madison County KY - Kentucky Horse Farms - Richmond Kentucky - Homes For Sale

Scott County Kentucky Horse Farms - Georgetown KY 40324 - Toyota - Kentucky Horse Farms For Sale

Scott County Kentucky Horse Farms - Georgetown  KY - Toyota -

Kentucky Horse Farms For Sale

Not only is Toyota in Georgetown KY 40324 but we have plenty of Kentucky horse farms in Scott County too!

All around Lexington KY, it is like the spokes of a wagon wheel with different counties that all support the horse industry. Scott, Woodford, Bourbon, Jessamine, Madison and Clark counties all have Kentucky horse farms.

Kentucky Horse farms by Gene Burch

Founded in 1785 Georgetown was first named Lebanon.

Home to two famous residents Steve Zahn the actor and Toyota Motor Manufacturing Kentucky.

It is the largest building in the USA if measured by acres. It covers 200 acres!

Nearby is the Kentucky Horse Park which will be host to the 2010 Alltech FEI World Equestrian Games.

It is the first time the games are to be held in North America.

It's a fabulous area here with miles and miles of plank fences and stone walls. Scott County Kentucky Horse Farms - Georgetown  KY - Toyota - Kentucky Horse Farms For Sale

 

See beautiful Georgetown KY horse farms for sale in Scott County.

Click this link... Georgetown KY 40324 Farms and land for sale

 Read the Herald Leader Interview with Lizette Realty discussing Kentucky Relocation.

REQUEST A KENTUCKY RELOCATION PACKET!

Finding a new Kentucky home has never been so easy!

Just click on the link below.

Georgetown KY 40324 Residential Homes For Sale

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Lizette Realty Lizette Fitzpatrick

Lizette Fitzpatrick- Principal Broker at Lizette Realty.

For more information on Kentucky Horse Farms and Georgetown KY real estate 

click on Lizette.us.

Photography by Gene Burch at http://www.geneburch.com/

 Copyright © 2009 By Lizette Fitzpatrick, All Rights Reserved - 

Scott County Kentucky Horse Farms - Georgetown KY 40324 - Toyota - Kentucky Horse Farms For Sale

Bourbon County Kentucky Horse Farms - Paris KY 40361- Kentucky Horse Farms For Sale

Bourbon County KY Horse Farm - Paris KY 40361- Kentucky Horse Farms For Sale

 Why not own a farm with a romantic address like Paris KY? Thoroughbred racing legends have been born in Bourbon County and there are a few Kentucky horse farms for sale here.

Imagine waking up each day and when you take in the view out your front door you see this...

Bourbon County KY Horse Farms - Paris KY - Kentucky Horse Farms For Sale

What kind of life is this in Paris KY 40361?

It's a life of freedom and choice to be a part of history and a place in modern day horse culture.

Paris was settled in 1775 but the name was Hopewell until 1790 that it was changed to honor French assistance in the Revolutionary War.

The tourism theme here is, "Horses, history and hospitality". 

Bourbon County Kentucky Horse Farm - Paris KY

 

 Triple crown winner Secretariat was retired to Claiborne Farm here and was buried there.

Paris KY 40361 is a total of 6.8 square miles and has many historic buildings that have been preserved in the downtown area.

It's a beautiful place to show my clients around the Kentucky Horse Farms.

Many people choose to relocate to Kentucky to make Bourbon County their home.

 Even if you aren't looking for a major farm operation, there is something for everyone in Paris in housing and price. Click below for current listings... 

Paris KY Horse Farms for sale 

Paris KY Homes For Sale

 

REQUEST A KENTUCKY RELOCATION PACKET!

Finding a new Kentucky home has never been so easy!

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Lizette Realty Lizette Fitzpatrick

Lizette Fitzpatrick- Principal Broker at Lizette Realty.

For more information on Kentucky Horse Farms, 

Bourbon County, Paris KY real estate 

click on Lizette.us.

Photography by Lizette Fitzpatrick

 Copyright © 2009 By Lizette Fitzpatrick, All Rights Reserved - 

Bourbon County KY Horse Farms - Paris KY 40361- Kentucky Horse Farms For Sale

Woodford County KY - Kentucky Horse Farms - Versailles - Midway - Horse Farms For Sale

Woodford County KY - Kentucky Horse Farms - Versailles - Midway - Horse Farm For Sale

One of the most beautiful areas in Central Kentucky is Woodford County. If your heart is set on finding a Kentucky horse farm for sale,you need to take a look into farms located in Versailles or Midway KY.

Nestled in the Bluegrass are legendary horse farms that have stone walls, plank fences, creeks full of limestone and miles of lush fields. This area is a center for horse breeding of Thoroughbred, Standardbred and Saddlebred horses.

Woodford County horse farms for sale - picture by Gene Burch

Midway was founded in 1835 as Kentucky's first railway town and nearby at the Black Horse Inn the mother of Jesse James was born. Many homes and businesses are listed on the National Register of Historic Places.

Versailles was founded in 1792. Famous in many ways, movies, Dreamer and Elizabethtown were filmed here. Also, this is where actor, William Shatner owns a Saddlebred farm.

It's exciting to drive through these areas and tour Kentucky horse farms for sale. Pristine and extravagant there is something for everyone. Come let us help you with that dream of a farm in Woodford County KY!Woodford County horse farms for sale - picture by Gene Burch

 

 

To search for farms for sale in Versailles

To search for farms for sale in Midway

REQUEST A KENTUCKY RELOCATION PACKET!

 

 

 

Finding a new Kentucky home has never been so easy!

Just click on the link below.

Homes in Versailles For Sale

Homes in Midway For Sale

 

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Lizette Realty Lizette Fitzpatrick

Lizette Fitzpatrick- Principal Broker at Lizette Realty.

For more information on Kentucky Horse Farms, Woodford County, Versailles and Midway KY real estate 

click on Lizette.us.

Photography by Gene Burch at http://www.geneburch.com/

 Copyright © 2009 By Lizette Fitzpatrick, All Rights Reserved - 

Woodford County KY - Kentucky Horse Farms - Versailles - Midway - Horse Farms For Sale

Kentucky Horse Farm Lexington KY - Fayette County - Horse Farms For Sale

Kentucky Horse Farm Lexington KY - Fayette County - Horse Farms For Sale

If you have never seen one, you need to check out a Kentucky horse farm in Lexington KY. There are beautiful horse farms for sale in Lexington and Fayette County.

Many new clients are finding us on the website, www.lizette.us  and making arrangements to relocate to Kentucky. Once in Lexington, they fall in love with the ambiance of the stone walls, black plank fences, lush bluegrass fields and horses...everywhere! It's quite breathtaking to be here in person!

Lexington Kentucky is "The Horse Capital of the World."

My world has always been centered around horses, so I can understand why many buyers have a complete love for this relaxed way of life and search for horse farms for sale.

When I was about 13, my family moved to a horse farm and I finally got that first horse. I had dreamed about having one for as long as I could remember. It was a mare I called "Velvet."

 Lexington KY Horse Farms - Picture by Gene BurchVisitors are always amazed with Lexington KY and the towns like Paris, Versailles, Midway because this land where the legendary throughbreds of the race track are born on horse farms.

It has a lot to do with the soil and limestone that builds stronger bones for racing.

Horse buyers from all over the world come to Lexington KY to buy horses at the Keeneland Sales and jet them back to horse farms in other countries.

In 2010 in Lexington, the Alltech FEI World Equestrian Games will be at the Kentucky Horse Park.

This event will be the largest equestrian event ever planned in the United States and it will be the first time held outside of Europe.  

Many of these Fayette County farms will be sold before this event takes place to horse lovers that plan to make Kentucky their home.Lexington KY Horse Farms - Picture by Gene Burch

My clients usually have a Kentucky horse farm vision in mind and as we search I just know the right place is here in Lexington.

I know that they will feel it in their bones as soon as they step onto the right property.

It's like coming home to an old friend. It will fit their lifestyle perfectly.

There's a lot of work to research and buy a Kentucky horse farm that is for sale. It's not a one size fits all. Many farms are better for Thoroughbreds but some are better suited for pleasure horses.

Everything here is a study of perfection including the type of grass in the field, style of barns, paddock watering systems, exercise areas, foaling, breeding and quarantine barns.

To take a look at some of the most beautiful Lexington KY horse farms for sale in Fayette County. Click this link... Lexington KY Farms For Sale

 Read the Herald Leader Interview with Lizette Realty discussing Kentucky Relocation.

REQUEST A KENTUCKY RELOCATION PACKET!

Finding a new Kentucky home has never been so easy!

Just click on the link below.

Lexington KY Residential Homes For Sale

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Lizette Realty Lizette Fitzpatrick

Lizette Fitzpatrick- Principal Broker at Lizette Realty.

For more information on Kentucky Horse Farms and Lexington KY real estate 

click on Lizette.us.

Photography by Gene Burch at http://www.geneburch.com/

 Copyright © 2009 By Lizette Fitzpatrick, All Rights Reserved - 

Kentucky Horse Farm Lexington KY - Fayette County - Horse Farms For Sale

Bluegrass Barkery Lexington KY - Healthy Organic Dog Food and Treats

Bluegrass Barkery Lexington KY - A Healthy Bakery For Dogs

The Bluegrass Barkery in Lexington KY is a place where you can find the most healthy organic dog food and treats baked fresh.

Even dogs need to be watched over to see that they are eating nutritious food. They also have everything under the sun that you will need in accessories for your pet.

Bluegrass Barkery Organic Dog Food and treats Lexington KY 

I found out about the Bluegrass Barkery by chance about 4 years ago.

I had attended a holiday event at Talon Winery in Lexington KY and there were booths that had many new businesses.

I met Clay and Karen Harvey. At the time they were engaged to be married and the business was For The Love of Dogs Bakery.Karen & Clay Harvey Bluegrass Barkery

I was impressed with what Clay had to say about organic dog food that is free of corn, wheat, and soy. 

The goal, Clay said is to eliminate these ingredients from your dog's diet, along with by-products and other chemicals, cause many food related allergies to simply disappear.

Since I had already gone through a bout of sickness with my own dog when I first bought her, I was very interested to see if I could keep her healthy. It's expensive to nurse a dog back to health at an animal hospital!

The only time she has been sick since was when I let her eat rawhide chew bones and they must have been from China. She almost died form that. I've learned a valuable lesson from that.

Now I read every label to be sure it is organic and made in the USA. Why take a chance with a pet you love?

The Bluegrass Barkery opened on 113 Clay Ave. in Lexington KYright after that event and now they have a second location on 152 West Tiverton.

Karen & Clay Harvey Bluegrass Barkery Lexington KY

I'm so proud of Clay and Karen as I have assisted them with buying their first home and watched their business take off. Their house hunt story is below...

It's amazing how Lexington dog owners have embraced the concept of the Bluegrass Barkery organic vision.

I believe the next BIG thing is their own personal line of organic dog food is being developed.

 

 

Bluegrass Barkery Locations and Hours:

Chevy Chase: 113 Clay Ave. 859.233.DOGS
Hours: M-F 10-6, Saturdays 10-5

Southside: 152 West Tiverton 859.523.3733
Hours: Monday-Saturday 10-7

 

Finding a new Kentucky home has never been so easy!

Just click on the link below.

Lexington KY Residential Homes For Sale

 

Karen & Clay write...

Becoming home owners was something my boyfriend Clay and I always thought would come much later in our lives. We were sure that we would have to wait forever to have "all our ducks in a row" to even starting looking for a home. After meeting Lizette by chance at an open house holiday function then again at Clay's business, For the Love of Dogs Bakery, we knew that Lizette was who we would call when we started looking for a home.

Lizette was so excited when we called and let her know that we were ready to start searching for a home. Our budget wasn't very big but she reminded us several times that we would find something we really liked, that we just needed to have patience. We expected the process to take about 6 months but we closed in less than 4 months after finding a great home with a big back yard for our chocolate lab Chloe.

Not only is Lizette a great real-estate agent but she is also a good friend who was truthful and honest throughout the entire process of buying a home. She was always quick to write us and e-mail or call us on the phone when we had any questions. I don't think I could have asked for a better experience in buying a home.

 

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Lizette Fitzpatrick- Principal Broker at Lizette Realty.

For more information on Kentucky Horse Farms and Lexington KY real estate 

click on Lizette.us.

Copyright © 2009 By Lizette Fitzpatrick, All Rights Reserved

Bluegrass Barkery Lexington KY - Healthy Organic Food and Treats For Dogs

 

KHC Mortgage Credit Certificate - More Great News For First-Time Home Buyers

KHC Mortgage Credit Certificate - More Great News For First-Time Home Buyers

The KHC Mortgage Credit Certificate (MCCs) are a means of providing financial assistance to First-Time Home buyers (with some exceptions) for the purchase of qualifying Residences.

The 2009 KHC Mortgage Credit Certificate Program is designed to benefit purchasers of certain new or existing housing units located in the Commonwealth of Kentucky.

 

KHC Mortgage Credit Certificate for Kentucky First Time Home Buyers

  • What is a Mortgage Credit Certificate?

An MCC "converts" a portion of an available mortgage loan interest deduction into a credit against the homeowner's federal income taxes. This tax credit has the effect of reducing the mortgage interest rate and mortgage loan payments for persons who make qualified purchases of Residences by reducing the federal income tax liability of such persons.

Table I below shows how an MCC can reduce the"effective" mortgage interest rate on a conventional mortgage.

 

  • What is the difference between a "tax credit" and a "tax deduction"?

A "tax credit" entitles a taxpayer to subtract the amount of the credit from his other total federal income tax liability. A "tax deduction," on the other hand, is subtracted from adjusted gross income before federal income taxes are computed.

 

  • Who is eligible for the MCC?

Any first time home buyer, defined as a person who has not owned a home for the past three years and also meets the KHC income limits.

 

  • Is the MCC program a KHC program?

The MCC program is being administered by KHC. However, your loan program must be a non-KHC loan. You can not obtain a KHC loan and qualify for an MCC.

 

  • How does an MCC "reduce" the mortgage interest rate?

As Table I below indicates, a Borrower who purchases an Eligible Residence with a 5.50 percent fixed rate 30-year mortgage of $100,000 would pay $5,500 in interest payments during the first year of the mortgage.

If the Borrower holds a 25 percent MCC, up to $1,375 (25 percent of $5,500) of the mortgage interest paid could be converted into a federal tax credit, which reduces that Borrower's federal income tax liability, i.e., the credit reduces the amount of federal taxes payable by the Borrower, up to the amount of the credit.

The remaining 75 percent of the mortgage interest paid, in this case, $4,125, can still be taken as a tax deduction in arriving at the Borrower's adjusted gross income, thus reducing the amount of the Borrower's income subject to federal income taxation.

Table I below shows that if this Borrower has an annual tax liability of $1,375 or more after all other deductions and credits, the effective rate of interest paid on the mortgage is reduced to 4.125 percent after the MCC tax credit is taken into account, i.e., annual interest of $4,125 on a $100,000 mortgage loan corresponds to a 4.125 percent interest rate on that loan.

This effect, however, is achieved only when the MCC holder has a sufficient income tax liability to receive the entire benefit from the MCC tax credit.

 

 

Table I: Effective Reduction of MortgageInterest Rate Through Use of a 25% MCC

The MCC tax credit reduces the amount of federal income taxes otherwise due by the Borrower. The benefit to the Borrower cannot exceed the Borrower's federal income tax liability for the year, after other credits and deductions have been taken into account.

However, if the Borrower is unable to use all of the available MCC tax credit in any year, the unused portion of the tax credit can be carried forward three tax years or until used, whichever comes first. A Borrower may want to consider adjusting his or herf ederal income tax withholding (by filing an amended IRS Form W-4) to spread the benefit of the MCC tax credit over the entire year.

 

 

  • How does a First-Time Home Buyer obtain an MCC?

First-Time Home Buyer who is purchasing a New or Existing Residence applies for an MCC through a Participating Lender at the same time as applying for a mortgage loan.

 

  • May an MCC be used in connection with a refinanced loan or with an

assumption?

An MCC cannot presently be issued to a homeowner who is refinancing an existing mortgage loan, except in connection with certain construction loans. An MCC may be assumable by certain qualified buyers.

Contact your lender for additional information.

 

  • What are the Purchase Price and Income Limitations on MCC Applicants?

MCCs are available to eligible first time home buyers purchasing eligible homes in the commonwealth. Your lender will advise you regarding the underwriting procedures required to determine qualification and eligibility of each Applicant for an MCC. Participating Lenders will process the underlying mortgage loans using standard procedures, with adjustments to those procedures as needed in order to satisfy the Program Requirements.

 

  • Can I receive the KHC MCC through any lender?

No. The MCC Program is only offered by qualified participating lenders and is not available through all mortgage lending companies.

 

Finding a new Kentucky home has never been so easy!

Just click on the link below.

Lexington KY Residential Homes For Sale

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Lizette Fitzpatrick- Principal Broker at Lizette Realty.

For more information on Kentucky Horse Farms and Lexington KY real estate 

click on Lizette.us.

 

Note: This information has been provided to be used as a general guidance and is not intended to constitute as legal advice, tax advice, accounting services or professional consulting. Before making any decision or taking any action you should consult a professional advisor. Consult Amy Heiden, a Century Mortgage Loan Officer for MCC program information. 859-309-3800

Information is subject to change without notice and was originally complied from www.kyhousing.org and the participating lender manual.

Copyright © 2009 By Lizette Fitzpatrick, All Rights Reserved

KHC Mortgage Credit Certificate - More Great News For First-Time Home Buyers

5 Inexpensive Ways To Create An Inviting Front Porch To Attract Buyers

5 Inexpensive Ways To Create an Inviting Front Porch To Attract Buyers 5 Ways To Create an Inviting Front Porch To Attract Buyers

I was talking with my agent, Monica Hess tonight. We were discussing an upcoming article she is doing for a magazine.

As she was trying to come up with ideas for her topic, I told her how I felt a front porch needed to give a good vibe in order for the house to sell.

Some front porches are clean and nice but lack comfortable places to sit or interesting areas.

They are one of the first areas of your home that new buyers will see and gather a first impression. 

Here are my 5 simple ideas that I used on my front porch:

  1. Keep it clean. Each morning when I let my dog out, I spend time sweeping away bugs and leaves. I also take off dead leaves and flowers off the plants. By the time I do this my dog is ready to come back in. 5 Inexpensive Ways To Create an Inviting Front Porch To Attract Buyers
  2. Comfortable furniture. What I have on my porch isn't new. The bench had been in my Dad's Greyhound Station since the 40's, the wicker table I found on a curb that someone didn't want. Check secondhand stores for furniture that can be recycled. I prefer wood over metal. Even a chair with a seat out can be a plant stand.
  3. Look for cheap pillows that if they get wet or stained you can just replace or wash them. These were a few bucks each and can from a discount store. I liked the Mai-tai drink designs on these. I carry these in if it starts to rain.
  4. Plants. Buy a few on the sale table at a garden center that look exotic. 5 Inexpensive Ways To Create an Inviting Front Porch To Attract Buyers I put these in odd containers and in a few weeks they burst back with new life. By putting them on the porch they have a chance to recover. My favorite one now is my Desert Rose. 5 Inexpensive Ways To Create an Inviting Front Porch To Attract Buyers I love the trunk of this one, it looks like a body! I used a tub with a leaky bottom to plant purple petunias. The ferns are very hardy and fare better than flowers in hot weather. I redo them fresh every spring. Don't put the hanging ferns up till after Mother's Day to keep Robins from building nests in them. It breaks all the fronds I found out.
  5. Use rugs or paint the concrete with a stain if the porch is in bad condition. There are some nice outdoor rugs that resist the weather really well.

I like the idea that the front porch should be just as inviting as the inside of your house. Spend a little time thinking of unique pieces to add some pizazz!

It might be all the buyer needs to imagine themselves there with a nice glass of sweet tea and a book.

Next step might be an offer!

Finding a new Kentucky home has never been so easy!

Just click on the link below.

Lexington KY Residential Homes For Sale

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Lizette Fitzpatrick- Principal Broker at Lizette Realty.

For more information on Kentucky Horse Farms and Lexington KY real estate 

click on Lizette.us.

 Copyright © 2009 By Lizette Fitzpatrick, All Rights Reserved

5 Inexpensive Ways To Create An Inviting Front Porch To Attract Buyers

KOTO Japanese Bistro Richmond Centre Richmond KY

KOTO Japanese Bistro Richmond Centre Richmond KY

At last...KOTO Japanese Bistro has arrived! All of us in Richmond KY have been driving by the building in the Richmond Centre for months with our mouths watering just waiting for the grand opening.

About the name:

The koto (琴 or 箏) is a traditional Japanese stringed musical instrument
derived from the Chinese guzheng. The koto is the national instrument of Japan.

I was honored to be one of the first guests to sample the food a day before the Grand Opening.

I headed over with a BFF(Dee) and was warmly welcomed by Charlie the General Manager and the staff including Tony the Bar Manager and Sasha. KOTO is owned by Mr. Dong, this is his second restaurant in KY. The first, Asian Royal is located in Georgetown KY.

Sasha at Koto Japanese Bistro Richmond KY by Lizette Fitzpatrick

KOTO Japanese Bistro Richmond Centre Richmond KY

The elegant decor is warm with lots of wood and tall back leather chairs. Attention to detail is evident everywhere. There is a large fountain at the front door and the bar is to the right.

One of the highlights and there are many would be that Richmond KY will finally have a first class sushi bar.

Equally amazing is the heated hibachi grill at the tables where food is prepared fresh.

The key ingredients are the meats, seafood, rice noodles and vegetables. The sauces are meant to enhance the flavor of foods, not over power them.

Joe at Koto Japanese Bistro Richmond KY by Lizette Fitzpatrick

Enjoy a dining experience where each dish is prepared to order on smokeless hibachi tables and presented with artistic flair, right before you!

Our chef Joe at KOTO Japanese Bistro was trained I think in New York City and was one of the best entertainers I have seen at hibachi grills and I have eaten at quite a few all over the USA. His real home is in Laguna beach.

 

 Having fun at Koto Japanese Bistro Richmond KY by Lizette Fitzpatrick 

It was a blast watching him expertly prepare our food and serve it up.

Joe wouldn't miss a beat even if we commented on his style or to each other. Amazing concentration!

I think he super-sized our meals because there was so much food I had plenty for lunch today. It was good heated up again too!

My next dining adventure at KOTO will have to be the sushi bar. I have really missed having one close by. I'll have to do another review once I sample sushi.

 

It's nice to have so many new and good restaurants now in the Richmond Centre. Business is booming in Richmond KY and not a moment too soon!

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Lizette Realty Lizette Fitzpatrick

Lizette Fitzpatrick - Principal Broker at Lizette Realty.

RICHMOND KY HOMES FOR SALE

RICHMOND KY TOWNHOMES & CONDOS

 

For more information on Richmond KY homes for sale. click on Lizette.us.

Copyright © 2009 By Lizette Fitzpatrick, All Rights Reserved 

 KOTO Japanese Bistro Richmond Centre Richmond KY

Lexington KY Woodland Art Fair

Woodland Art Fair Lexington KY

For 34 years, art lovers have been flocking to Woodland Park for the annual Woodland Art Fair. August 15 & 16. The park is nestled in the heart of Lexington, KY sheltered by ancient trees and Bluegrass Trust homes line many of the historic streets.

Woodland Art FairTwo hundred juried artists will participate in this two day event held under a cool canopy of stately trees. White tents will be scattered throughout the park displaying their wares.

The Woodland Art Fair in Lexington KY usually attracts over 60,000 visitors. Craftsmanship displayed - jewelry, paintings, wood, metal, ceramics, clothes, photography and unique one of a kind items.

Food vendors will offer some temping treats such as Italian Ice and hot kettle corn.

 

Woodland art Fair

  Woodland art Fair 

Woodland art Fair

Woodland art Fair

Woodland art Fair

Woodland art Fair

There is also a swimming pool and skateboard park in Woodland Park. It was amazing to see the skateboarders doing some daredevil feats in the air off concrete ramps.It's nice to see a skate park in Lexington KY.

Be sure not to miss the Woodland Art Fair this year!

      Lizette Realty Lizette Fitzpatrick

Lizette FitzpatrickPrincipal Broker at Lizette Realty.

For more information on Kentucky Horse Farms, Richmond or Lexington KY real estate click on Lizette.us.

See for yourself what Lizette's extraordinary clients have to say about their Kentucky Real Estate experience. Copyright © 2009 By Lizette Fitzpatrick, All Rights Reserved *Lexington KY Woodland Art Fair

Lexington KY - Kentucky Horse Park - 2010 FEI World Equestrian Games

Lexington KY - Kentucky Horse Park - 2010 FEI World Equestrian Games

The Kentucky Horse Park in Lexington Ky is really beefing up it's presence for the 2010 FEI World Equestrian Games. New widened roads, barns, and the new indoor arena are all part of the plan.

I was volunteering this past weekend for the Vaulting Event that was a pre-view of was was to come for Lexington KY. We were there to practice for the big event next year.

Another event to practice was a Reining Event the week before. Not everything is finished as you drive through the Kentucky Horse Park you can see that barns are still being built next to the arena. Also a new lane is being installed on the I-75 exit there on Ironworks Road.

Lexington KY Kentucky Horse Park

This is the place to go if you love horses and want to see what different breeds there are. The 24 different breeds are on display in the Breeds Barn.

A Hall Of Champions includes famous race horses like Cigar and Funny Cide. They are shown daily in presentations.

Be sure to check out the International Museum of the Hose and National saddlebred Museum at the Kentucky Horse Park. Exhibits are on display.

Lexington KY Kentucky Horse Park

 

This is a picture of the new indoor arena. It is part of the new construction that will be used for the 2010 FEI World Equestrian Games.

 Lexington KY Kentucky Horse Park

 

 

 

These young riders were a part of the vaulting event waiting for the presentations to the winners.

Many people are relocating to Kentucky to be closer to horses. Lexington KY is "The Horse Capital of the World."

 

 

To view Kentucky horse farms that are available for sale, where they are located and for how much... check in here:

REQUEST A KENTUCKY RELOCATION PACKET!

Finding a new Kentucky home has never been so easy!

Just click on the link below.

LEXINGTON KY RESIDENTIAL HOMES FOR SALE

 

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Lizette Fitzpatrick- Principal Broker at Lizette Realty.

For more information on Kentucky Horse Farms and Lexington KY real estate 

click on Lizette.us.

 Copyright © 2009 By Lizette Fitzpatrick, All Rights Reserved

Lexington KY -  Kentucky Horse Park - 2010 FEI World Equestrian Games

Jerzees Cocktail Lounge - Comedy Club Richmond KY

Jerzees Cocktail Lounge - Comedy Club Richmond KY

I had the pleasure of checking out the grand opening of a new cocktail lounge in Richmond KY called Jerzees. Not only is it a lounge, but the night I was invited there...there was a comedy club act also.

As far as I can remember, there has never been a comedy club in Richmond KY. It's about time! Awesome idea!

Richmond KY Jerzees Cocktail Lounge - Comedy Club

Back in the 60's this downtown building was an A&P store on 122 Main Street. It's located about a block west of the court house.

The layout and decor is perfect for a cocktail lounge. Justin Waggoner and Bryson Alford have put together the perfect combination of talent and creativity to launch Jerzees.

Jerzees is a cocktail lounge that is great for all types of patrons. There was a blend of all ages the night I was there for the comedy club debut.

 Wednesday nights are country/ western night with live entertainment. Check out the pool tables too for a chance to practice your skills.

Richmond KY Jerzees Cocktail Lounge - Comedy Club

The next comedy club date will be Aug. 28th.

Buy tickets and reserve your table online. 

Jerzees is closed on Sun - Tues.

OPEN: Wed -Sat 8PM - 1AM.  

Check out Jerzees website.  

For more information contact seth@jerzeeslounge.com or call 606-276-0018

   

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Lizette Realty Lizette Fitzpatrick

Lizette Fitzpatrick - Principal Broker at Lizette Realty.

RICHMOND KY HOMES FOR SALE

 

For more information on Richmond KY homes for sale. click on Lizette.us.

Copyright © 2009 By Lizette Fitzpatrick, All Rights Reserved 

Jerzees Cocktail Lounge - Comedy Club Richmond KY  

Boone Tavern Berea KY - Historic Hotel and Restaurant

Boone Tavern Berea KY - Historic Hotel and Restaurant

Historic Boone Tavern in Berea KY is celebrating 100 years as legendary  Southern hotel and restaurant. Established in 1909 after Eleanor Frost, wife of the Berea College president insisted that they build a guest house that has welcomed thousands of guests over the years.

In 2009 a multi-million dollar renovation has been completed to update the hotel and restaurant. Boone Tavern is now Kentucky's first LEED certified "Green" hotel.

 

Boone Tavern Berea KY - Historic Hotel and Restaurant by Lizette FitzpatrickGuest room furniture and tiled mirrors have been hancrafted by Berea College woodcarvers to upgrade the historic ambiance of the hotel and restaurant

Boone Tavern Berea KY - Historic Hotel and Restaurant

 

 

 

 

 

Remodeling upgrades also include:

  • Energy efficient water, heating and cooling.
  • 63 Guest rooms have flat screen TVs, high speed and wireless Internet,phones w/ voice over IP.
  • Improved sound proofing and insulation
  • Elegant new hotel lobby
  • State-of-the-art kitchen with upgraded dining room restaurant can cater a private party of 160 guests
  • Covered guest entrance
  • Meeting rooms for up to 75 people w/ the latest audio visual equipment
  • New landscaping and a guest walkway
  • Certified Kentucky Proud restaurant - Berea College Farm and local farmers provide fresh and healthy foodBoone Tavern Berea KY - Historic Hotel and Restaurant

 

Everyone is going GREEN these days. What does the LEED Certification mean? Leadership in Energy and Environmental Design by US Green Building Council. How does Boone Tavern practice conservation in Berea KY?

  • A recycling program for waste products like paper, plastic & aluminum
  • Berea College Farm composts restaurant waste
  • Reusable linen and towel program
  • Hotel provided bicycles
  • Natural products for guest toiletries
  • Boone Tavern Hotel and restaurant are cleaned with only "green" cleaning products
  • Educational "Green Tours" offered for guests to learn how Boone Tavern puts all the practices into it's daily operation.

Boone Tavern Berea KY - Historic Hotel and Restaurant

 

In the famous restaurant, some of the legendary Boone Tavern recipes include Spoonbread, Chicken flakes in a bird's Nest, and Pork Chops the Tricky Way!

All dishes are prepared using the freshest locally grown Kentucky products.

 

Boone Tavern Berea KY - Historic Hotel and Restaurant

 

 

 

Walk to the local arts and craft stores on the streets surrounding Boone Tavern.

Artists demonstrate the art of blown glass, jewelry, woodworking and pottery daily.

 

 

Boone Tavern Berea KY - Historic Hotel and Restaurant

Boone Tavern is located at 100 Main Street, Berea KY 40403.

Call 1-800-366-9358 for reservations or information.

 

Want to know about Berea KY?

Email me for a welcome packet full of information about Berea and Madison County.

 

Looking for a home to buy?

BEREA HOMES FOR SALE

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Lizette Realty Lizette Fitzpatrick

Lizette Fitzpatrick - Principal Broker at Lizette Realty.

For more information on Berea KY homes for sale. click on Lizette.us.

Copyright © 2009 By Lizette Fitzpatrick, All Rights Reserved 

Boone Tavern Berea KY - Historic Hotel and Restaurant