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Madison Grimstead

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About

A Return to ‘Normal’? The State of Real Estate in 2022

in Uncategorized on 01/04/22

Last year was one for the real estate history books. The pandemic helped usher in a buying frenzy that caused home prices to soar nationwide by a record 19.9% between August 2020 and August 2021.1 However, there were signs in the fourth quarter that the red-hot housing market was beginning to simmer down. In the month of October, only 60.3%… View Post

9 Tips for Buying and Selling Your Home at the Same Time

in Uncategorized on 09/02/21

Selling your home when you still need to shop for a new one can feel daunting to even the most seasoned homeowner––especially when the demand for new homes keeps rising, but the supply feels like it’s dwindling.¹ You’re not alone either if you’re already feeling drained by the complex logistics of trying to sell and buy a new home all… View Post

How to Bridge the Appraisal Gap in Today’s Real Estate Market

in Uncategorized on 07/05/21

If you’re searching for drama, don’t limit yourself to Netflix. Instead, tune in to the real estate market, where the competition among buyers has never been fiercer. And with homes selling for record highs,1 the appraisal process—historically a standard part of a home purchase—is receiving more attention than ever.  That’s because some sellers are finding out the hard way that a… View Post

Finding a New Home for Your Next Stage In Life

in Uncategorized on 05/03/21

Imagine the first place you lived as a young adult. Now imagine trying to fit your life today into that space. Not pretty, right?  For most of us, our housing needs are cyclical.1 A newly independent adult can find freedom and flexibility in even a tiny apartment. That same space, to a growing family, would feel stifling. For empty nesters, a… View Post

Can I Buy or Sell a Home Without a Real Estate Agent?

in Uncategorized on 04/05/21

Today’s real estate market is one of the fastest-moving in recent memory. With record-low inventory in many market segments, we’re seeing multiple offers—and sometimes even bidding wars—for homes in the most sought-after neighborhoods. This has led some sellers to question the need for an agent. After all, why spend money on a listing agent when it seems that you can… View Post

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ABOUT ME

Hey Y'all! I'm Madison, but most call me Madi. I live in the heart of horse country in Louisville, KY. My passions are horses and travel and I'm excited to create a space to share my random adventures with y'all. Cheers, Madi. Read More…

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Wedding with a view 👰🏼‍♀️🤵🏼‍♂️🏞

Congrats to our darling grandmother Carole and Wayne on their special day. 
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#weddingseason #backyardwedding #washingtonstate #sanjuanislands #travelguide #familytime #extra #fashionista #dealfinder #bargainhunter
It happens from time to time. The home appraisal c It happens from time to time. The home appraisal comes in LOW 📉😱
I JUST had this happen with my most recent buyer client, but we got it done, and you can too! 

With how quickly this market is appreciating, comparable sales can be lagging, which causes what we call an “appraisal gap.”
 
What can you do in this situation?
 
IF YOU’RE A BUYER:
 
✅ Submit recent comps to your appraiser for consideration
✅ Add appraisal gap coverage to your offer
✅ Waive the appraisal contingency (in some cases)
 
IF YOU’RE A SELLER:
 
✅ Don’t accept an offer solely on price
✅ Look at a buyer’s mortgage qualifications
✅ Look at conditions – such as waived contingencies
 
Read my latest blog post to learn more about how appraisals work and the benefits and risks involved with these competitive tactics.
 
 http://madisongrimstead.com/how-to-bridge-the-appraisal-gap-in-todays-real-estate-market/

 
#realestate #realestateagent #homeowner #realestatemarket #marketstats #homevalues #moneygoals #appraisal #moneymoves #realestatetips #buyer #homebuyer #seller #housingmarket #whoyouworkwithmatters #appreciation #supply #demand
Full fields and full stands for the Stephen Foster Full fields and full stands for the Stephen Foster with my little handicapper. 🐎
Level 25 loading…. Tomorrow marks the countdow Level 25 loading…. 

Tomorrow marks the countdown of the final 365 days of benefitting from my parents’ health insurance 🥲 

Anyhow, blessed to have a great group around me that will celebrate with me all weekend long. ❤️ (Actual bday is tomorrow so send messages all day tomorrow 😁) 

This is going to be the best year yet, I can feel it! 

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#realtor #realtorsofinstagram #birthday #gemini #geminiseason #manifestation #adulting #relateble #ootd #datenight #friends
We made it! Happy closing day to this amazing lady We made it! Happy closing day to this amazing lady. It’s been a long journey to the closing table but a relatively smooth one, and I couldn’t have asked for a better first client! 

We searched high and low for her perfect slice of horse country, and we found it! 

I’m so honored she trusted me, a new agent, to help her and her little girl (and her horses!) relocate from out of state. 

The biggest thank you to Danielle Low for your trust, I’m so happy that you’re thrilled with your new Kentucky home! 🏡🐎
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#itsmorethanwoodandwalls
#madisonsellshorsecountry 
#realtorlife #kentuckyrealtor #kentuckyhomes #farmlife #equestriansofinstagram #equestrianlife #horsecountry #covenantsold #horsepropertiesinternational
That feeling when... You get a call from the lis That feeling when... 

You get a call from the listing agent that your clients offer was accepted! And you get to finish all the paperwork up poolside and get the deal DONE and send that house  to “UNDER CONTRACT”! 😎 

I was so super excited to call my first-time homebuyer with the good news! It’s a great start to the week when you see their top choice go pending. 

And it certainly was an added bonus that I got to share the good news with some girlfriends and celebrate after the T’s were crossed and the I’d dotted. 

Hope everyone else had a great Monday! 

#madisonsellshorsecountry
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