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Montgomery AL Home For Sale: Commanding View From the Front Porch!

Thursday, March 27, 2014
by The Hat Team

Montgomery AL Home For Sale: Commanding View From the Front Porch!

3174 Cloverdale Rd, Montgomery AL 36106
MLS# 308082

3174 cloverdale rd

Incredible location across from Cloverdale Lower Park!! Commanding view from front porch will be your favorite reason to come home if it's not the updated kitchen with granite counters, custom cabinets and lots of storage. Hardwoods refinished and a separate laundry will keep housework out of sight. Multi room storage building in rear of home will be perfect for all your clutter. This home is move in ready in one of the best locations historic Cloverdale has to offer at this amazing price. Please give us or your favorite agent a call to see today.

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Sandra Nickel and the Hat Team have distinguished themselves as leaders in the Montgomery AL real estate market. Sandra assists buyers looking for Montgomery real estate for sale and aggressively markets Montgomery AL homes for sale. Sandra is also an expert in helping families avoid foreclosure through short sales and is committed to helping families in financial hardship find options. For more information you can visit AvoidForeclosureMontgomery.com.

Interested in buying a bank-owned home? Get bank-owned listings alerts FREE!

You can reach Sandra by filling out the online contact form below or give her a call anytime.

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Montgomery AL Real Estate: The Best Of Everything!

Thursday, March 27, 2014
by The Hat Team

Montgomery AL Real Estate: The Best Of Everything!

357 Felder Ave, Montgomery AL 36104
MLS# 308076

The best of everything...classic style and updated features! This beautiful federal-style 3 story charmer has elegant formal spaces and comfortable living areas. The custom-designed kitchen features high-end appliances and a chef's stove! Off the kitchen and family room is a BIG covered patio overlooking a private back yard with in-ground swimming pool. Master suite on 2nd floor runs the entire width of the home and has cozy seating area with fireplace. Access the 3rd floor from a spiral staircase and find a wonderful split design AND full bath, making a great teen retreat, rec room, home theater, or tons of upscale storage. Detached 2 car garage affords additional storage and great off-street parking.

Search all Montgomery AL Real Estate And Homes For Sale.

Sandra Nickel and the Hat Team have distinguished themselves as leaders in the Montgomery AL real estate market. Sandra assists buyers looking for Montgomery real estate for sale and aggressively markets Montgomery AL homes for sale. Sandra is also an expert in helping families avoid foreclosure through short sales and is committed to helping families in financial hardship find options. For more information you can visit AvoidForeclosureMontgomery.com.

Interested in buying a bank-owned home? Get bank-owned listings alerts FREE!

You can reach Sandra by filling out the online contact form below or give her a call anytime.

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Montgomery AL Foreclosure Trends - February 2014

Thursday, March 27, 2014
by The Hat Team

In February, the number of properties that received a foreclosure filing in Montgomery, AL was 36% lower than the previous month and 1% lower than the same time last year, according to RealtyTrac.com.

Montgomery AL Foreclosure Status Distribution

The current distribution of foreclosures based on the number of active foreclosure homes in Montgomery, AL.

Auctions accounted for 20.0% of foreclosure activity in February 2014 and Bank-owned properties accounted for 80.0%.

montgomery al foreclosure

Montgomery AL Foreclosure Activity by Month

The number of Bank-Owned properties decreased 63.4% compared to the previous month and dropped 60.5% from the previous year in February. The number of Auctions increased 21.1% compared to the previous month and increased 57.9% from the previous year.

montgomery al foreclosure

Montgomery AL Foreclosure Geographical Comparison

Montgomery AL foreclosure activity was the same as national statistics, 0.02% higher than Alabama numbers and the same as Montgomery County statistics in February 2014.

montgomery al foreclosure

Are you or someone you know behind on mortgage payments and facing a Montgomery foreclosure? You do have options. A short sale may be the answer to saving you, your family and your home. I am a Certified Distressed Property Expert (CDPE) with specialized training in helping families avoid foreclosure. Give me a call for a private consultation.

Search all Montgomery AL Real Estate And Homes For Sale.

Sandra Nickel and the Hat Team have distinguished themselves as leaders in the Montgomery AL real estate market. Sandra assists buyers looking for Montgomery real estate for sale and aggressively markets Montgomery AL homes for sale. Sandra is also an expert in helping families avoid foreclosure through short sales and is committed to helping families in financial hardship find options. For more information you can visit AvoidForeclosureMontgomery.com.

Interested in buying a bank-owned home. Get bank-owned listings alerts FREE!

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Montgomery Home For Sale: Truly A Unique House!

Wednesday, March 26, 2014
by The Hat Team

Montgomery AL Home For Sale: Truly A Unique House!

3051 Mastin Lane, Montgomery AL 36106
MLS# 307986

3051 mastin lane

Looking for a cool house?!? Check out this stately brick Cloverdale home that has everything for formal entertaining and casual living. Step through the wonderful front porch you will find an elegant living room with gas log fireplace and a lovely dining room with French doors to the arbor covered private patio with a fish pond and landscaped back yard. The large eat-in kitchen boasts custom cabinets, copper countertops and a step-up den/family room that's perfect for hanging out. The bedrooms are spacious and all have hard wood floors. Tons of storage upstairs, as well as in the basement and garage. Truly a unique house and walking distance to restaurants, shops and entertainment including spring concerts in the park just down the street.

Search all Montgomery AL Real Estate And Homes For Sale.

Sandra Nickel and the Hat Team have distinguished themselves as leaders in the Montgomery AL real estate market. Sandra assists buyers looking for Montgomery real estate for sale and aggressively markets Montgomery AL homes for sale. Sandra is also an expert in helping families avoid foreclosure through short sales and is committed to helping families in financial hardship find options. For more information you can visit AvoidForeclosureMontgomery.com.

Interested in buying a bank-owned home? Get bank-owned listings alerts FREE!

You can reach Sandra by filling out the online contact form below or give her a call anytime.

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How's Your IQ on the QM?

Saturday, March 22, 2014
by The Hat Team

qualified mortgageThe Qualified Mortgage Rule came into effect on January 14, 2014 as one of the results to the Dodd Frank Reform Act to protect consumers from predatory lending practices.  This will affect the underwriting standards that the majority of lenders will use to qualify borrowers.

The ability to repay rule states that financial information must be supplied by the borrower and verified by the lender.  The borrower must have sufficient assets or income to pay back the loan which limits the maximum debt-to-income ratio of 43%.  In an effort to present a more accurate picture of the costs to the borrower, teaser rates can no longer hide a mortgage’s true cost.

A maximum of 3% in upfront points and fees can be paid on behalf of the borrower.  There can be no negative amortization, interest-only or balloon payments and the loan term limit cannot exceed 30 years.

While there are more requirements, most deal with good underwriting practices that are followed by reputable lenders such as considering and verifying things that affect the ability to repay the mortgage like income, assets, employment status, simultaneous loans, debt, alimony, child support and credit history.

Search all Montgomery AL Real Estate And Homes For Sale.

Sandra Nickel and the Hat Team have distinguished themselves as leaders in the Montgomery AL real estate market. Sandra assists buyers looking for Montgomery real estate for sale and aggressively markets Montgomery AL homes for sale. Sandra is also an expert in helping families avoid foreclosure through short sales and is committed to helping families in financial hardship find options. For more information you can visit AvoidForeclosureMontgomery.com.

Interested in buying a bank-owned home? Get bank-owned listings alerts FREE!

You can reach Sandra by filling out the online contact form below or give her a call anytime.

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Midtown Montgomery Real Estate Market Report for February 2014

Friday, March 21, 2014
by The Hat Team

Zillow’s new survey-based index gauging consumer sentiment about housing markets and homeownership indicates that the majority of U.S. consumers feel positive about real estate market.

The Zillow Housing Confidence Index ranges from 0 to 100 with marks above 50 indicating positive sentiment. Households surveyed had a real estate confidence index of 63.7, indicating more people feel positive about real estate than not..

The index includes a “Homeownership Aspiration” component that measures renters’ attitudes and likelihood of pursuing homeownership. Nationwide, renters had an aspiration index of 59.3, indicating that more renters than not aspire to be homeowners.

In addition, 10 percent of current renters nationwide said they plan to purchase a home within the next 12 months.

Zillow estimates that 4.2 million first-time homebuyers would flood the market if all renters purchase a home who indicated that they’d like to in the next 12 months.

Take a look at sales figures in our local real estate market for February 2014.

Midtown Montgomery real estate sales statistics for February 2014, show the number of homes sold increased by 4% when compared to February 2013. The average sales price increased by 9% to $ 132,424 for the month. The median sales prices increased by 30%, and market times increased by 3 days from February 2013.  The highest selling home price decreased by 30%, while the lowest selling home price increased by 50% from February 2013.

Midtown Montgomery  Feb 2014 Feb 2013
Homes Sold 25 24
Average Selling Price $ 132,424 $ 120,403
Median Selling Price $ 118,000 $ 82,656
Days On The Market 136 133
Highest Selling Price $ 487,000 $ 695,000
Lowest Selling Price $ 10,000 $ 5,000

Search all Montgomery AL Real Estate And Homes For Sale.

Sandra Nickel and the Hat Team have distinguished themselves as leaders in the Montgomery AL real estate market. Sandra assists buyers looking for Montgomery real estate for sale and aggressively markets Montgomery AL homes for sale. Sandra is also an expert in helping families avoid foreclosure through short sales and is committed to helping families in financial hardship find options. For more information you can visit AvoidForeclosureMontgomery.com.

Interested in buying a bank-owned home? Get bank-owned listings alerts FREE!

You can reach Sandra by filling out the online contact form below or give her a call anytime.

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Montgomery Home For Sale: You Will Be Hard Pressed To Find a Better Deal!

Wednesday, March 19, 2014
by The Hat Team

Montgomery Home For Sale: You Will Be Hard Pressed To Find a Better Deal!

1079 Rosedale Dr, Montgomery AL 36107
MLS# 307873

1079 rosedale dr

One owner home since 1960! And at less than $37 per sq. ft. You will be hard pressed to find a better deal in this area. Maintenance free sturdy brick construction, real hardwood floors and covered parking are just a few of the great aspects of this home. Living/dining combination, spacious eat-in kitchen and separate (approximate 20x20) den with vaulted beamed ceiling will live large for whatever your needs might be. Separate room off den could be a handy office. Two and a half baths and a large separate laundry with storage and room for a freezer are also another feature homes in this price range most likely will not offer. Nice front and rear terrace are great for entertaining or relaxing. New roof and power roof vents installed by Jones Brothers in July 2011 will ensure years of peace of mind. Home also offers low maintenance aluminum windows and vinyl eaves. Pest/termite inspection by Abel every year for years. Easy to show! Please call us or your favorite agent to view before someone beats you to this well priced home which offers lots of value!

Search all Montgomery AL Real Estate And Homes For Sale.

Sandra Nickel and the Hat Team have distinguished themselves as leaders in the Montgomery AL real estate market. Sandra assists buyers looking for Montgomery real estate for sale and aggressively markets Montgomery AL homes for sale. Sandra is also an expert in helping families avoid foreclosure through short sales and is committed to helping families in financial hardship find options. For more information you can visit AvoidForeclosureMontgomery.com.

Interested in buying a bank-owned home? Get bank-owned listings alerts FREE!

You can reach Sandra by filling out the online contact form below or give her a call anytime.

 

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Montgomery AL Real Estate: This One Is Hard To Beat!

Wednesday, March 19, 2014
by The Hat Team

Montgomery AL Real Estate: This One Is Hard To Beat!

3320 Richardson Rd, Hope Hull AL 36043
MLS# 307824

3320 richardson rd

$78 per sq.ft, almost 3 acres, and never occupied will be hard to beat!! Practically new construction started in 2011 and finished in 2014. This home boasts a large living space, kitchen with stainless appliances, granite counter-tops and a bar between dining area. There is a large separate den with French doors to rear of home. This home has a very large master suite and two other good sized bedrooms. Nice deck on rear of house has great view of property. Enjoy a tankless water heater. Call us or your favorite agent today.

Search all Montgomery AL Real Estate And Homes For Sale.

Sandra Nickel and the Hat Team have distinguished themselves as leaders in the Montgomery AL real estate market. Sandra assists buyers looking for Montgomery real estate for sale and aggressively markets Montgomery AL homes for sale. Sandra is also an expert in helping families avoid foreclosure through short sales and is committed to helping families in financial hardship find options. For more information you can visit AvoidForeclosureMontgomery.com.

Interested in buying a bank-owned home? Get bank-owned listings alerts FREE!

You can reach Sandra by filling out the online contact form below or give her a call anytime.

 

 

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Montgomery Home For Sale: Will Take Your Breath Away!

Saturday, March 15, 2014
by The Hat Team

Montgomery Home For Sale: Will Take Your Breath Away!

2982 Old Farm Rd, Montgomery 36111
MLS# 307794

STUNNING high-end townhome will take your breath away! This custom built three story home has it all, from tasteful formal spaces to sophisticated casual living areas. Current owners enjoy the all glass sun-filled breakfast room, as well as the "bathed in light" feel of the family room, with 5 big arched French doors all leading out to a brick courtyard. Large master bedroom and spacious master bath contain 2 walk in closets, and there is even a 2nd floor balcony off the master, providing a wonderful outdoor living space! Third floor is a huge bonus room with tons of play space and storage (perfect for home gym, home work-space, home theater, or man-cave area!) Beyond the courtyard is a detached two car (+) garage and above, probably the best looking guest suite in Montgomery! You might just rather live in the guest suite over the main house! One of a kind and can be your dream home...call your favorite agent today.

Search all Montgomery AL Real Estate And Homes For Sale.

Sandra Nickel and the Hat Team have distinguished themselves as leaders in the Montgomery AL real estate market. Sandra assists buyers looking for Montgomery real estate for sale and aggressively markets Montgomery AL homes for sale. Sandra is also an expert in helping families avoid foreclosure through short sales and is committed to helping families in financial hardship find options. For more information you can visit AvoidForeclosureMontgomery.com.

Interested in buying a bank-owned home? Get bank-owned listings alerts FREE!

You can reach Sandra by filling out the online contact form below or give her a call anytime.

Add Comment

2013 Tax Deductions You Don't Want To Miss

Friday, March 14, 2014
by The Hat Team

If you moved to your Montgomery AL home in 2013 now is the time to anticipate itemizing deductions on your tax return. Take yourself to a quiet corner of your home and begin to plan for tax time in April. Here’s a partial checklist of some often overlooked deductions:

taxesMortgage Points: Most homeowners know that mortgage interest is deductible, but often forget that points are, too?  Points are actually prepaid interest and may be deductible as mortgage interest if you itemize deductions on Form 1040, Schedule A.

Moving expenses: If you moved more than 50 miles for a new job, expenses such as movers, renting a truck, storing and insuring furniture, connecting/disconnecting utilities, and the cost of lodging while moving can be claimed as deductible expenses. Refer to IRS Pub. 521.

Job hunting costs: When looking for a position in the same line of work you held previously, you can deduct expenses associated with trying to land a new position including out-of-town lodging, transportation, employment agency fees, business cards, and resume printing costs.

The standard deduction:  If you turned 65 last year remember you are now eligible for a larger deduction.

Medicare insurance and long-term care premiums: Medical expenses over 10% of Adjusted Gross Income are deductible. Remember to include the cost of Medicare Parts B, C, D, and supplemental insurance.

State sales tax: You still have a choice between deducting state income taxes paid or state sales taxes paid. Since you will choose whichever gives you the largest deduction, keep in mind the purchase of unusually large items like home building materials.

U.S. Armed Forces members, especially those serving in combat zones, face some special tax situations and are entitled to special tax benefits. Click here for specific details. Moving expenses listed above also apply to the military.

Early withdrawal penalty:Did you cash in a CD last year? If you were charged an early withdrawal fee, you can deduct it directly on your 1040. Financial Planning and Management Expenses, Schedule A. Be sure the fee is itemized on the Form 1099 from your bank.

Investment Advice: The costs of investment newsletters, paid financial advisors, or other fees spent to manage your money can be deducted.

Remember the above is a partial checklist for your convenience. For more details concerning deductions related to moving to your Montgomery home refer to www.irs.gov and/or consult a tax advisor.

Search all Montgomery AL Real Estate And Homes For Sale.

Sandra Nickel and the Hat Team have distinguished themselves as leaders in the Montgomery AL real estate market. Sandra assists buyers looking for Montgomery real estate for sale and aggressively markets Montgomery AL homes for sale. Sandra is also an expert in helping families avoid foreclosure through short sales and is committed to helping families in financial hardship find options. For more information you can visit AvoidForeclosureMontgomery.com.

Interested in buying a bank-owned home? Get bank-owned listings alerts FREE!

You can reach Sandra by filling out the online contact form below or give her a call anytime.

 

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Displaying blog entries 1-10 of 20

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