If you are coming to Louisville from California, most of the surprise is in how the deal works, not the house. Here is what changes and what stays the same.
What changes
Closings
California runs on escrow companies. In Kentucky a real estate attorney or a title company handles the closing, and both sides usually sign the same day at the same table.
Property taxes
Kentucky has no Prop 13. Your assessed value can be updated after you buy, and the bill comes once a year. Run your own number with the Jefferson County property tax calculator.
Income and wage taxes
Kentucky has a flat state income tax, and Louisville adds an occupational tax on wages earned in Jefferson County. Ask your tax preparer how that compares with what you pay now.
Disclosures and inspections
Kentucky sellers fill out a Seller's Disclosure of Property Condition. It is shorter than the California packet, so your inspection carries more weight. Never skip it.
Basements and water
Basements are common here. Ask about water in the basement on every house, and check the address in the Louisville flood zone lookup before you write an offer.
What stays the same
You still need a pre-approval or proof of funds before showings, a clean offer wins, and the best houses still go fast.
Run your numbers before you fly out
- Relocation cost calculator
- Kentucky buyer closing cost calculator
- Louisville neighborhood matcher
- 19 things to know before moving to Louisville
Buying a rental instead of a home?
A lot of California buyers start with an investment property. Start with out-of-state real estate investing in Louisville.
Are you an agent sending a client here?
Email me with any questions. Or text us at (502) 305-8915.