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Montgomery Real Estate: 2160 Woodley Drive

Friday, May 29, 2009
by The Hat Team

Montgomery Real Estate:

2160 Woodley Drive, Montgomery AL 36111
MLS#264762

Want a country estate living right in the middle of Montgomery? This is the place! Situated on 1.2 lush private acres, this "estate" has it all. All your friends will envy invitations to dinner and back yard functions, hoping to relax on the huge 1,750 square foot deck with mammoth tree growing right out of the center, or lounge by the shady private inground pool. Kids? There is a "football field" sized lawn at the rear of the pool that has endless sports/play possibilities. Back to the main house, your gourmet will enjoy the awesome custom designed kitchen with professional 6 burner gas range, tons of granite counter space, and plenty of storage overlooking the oversized family room with volume ceilings and big fireplace. With 3 bedrooms and 3 full baths, you have your choice of an upstairs OR downstairs master bedroom...AND there is a separate full guest apartment out back for visiting guests or relatives (or use it as a fun pool-house, home office, and home gym like the current owners do!)

Call today to see these and all the other features of this truly unique Midtown Montgomery real estate! Learn more about 2160 Woodley Drive and other Montgomery real estate for sale by visiting HatTeam.com.

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Montgomery AL Foreclosure Statistics - April 2009

Friday, May 29, 2009
by The Hat Team

Montgomery AL foreclosure homes continued to rise during the first quarter of 2009 with 211 new Montgomery AL foreclosure filings in April compared to 201 filings in March, according to RealtyTrac.com.

Montgomery AL Foreclosure Activity and Home Price Index

Montgomery AL foreclosure activity is based on the total number of properties that receive foreclosure filings - default notice, foreclosure auction notice or repossession notice - each month. Home price appreciation is based on month-over-month percentage change of the Home Price Index. The Home Price Index is calculated from home sales records.

Montgomery AL Foreclosure Geographical Comparison

The Montgomery AL foreclosure rate is .06% lower than the National rate, but .10% higher than the state of Alabama's rate.

montgomery foreclosure

Montgomery AL Foreclosure Rate Month-By-Month

Montgomery AL pre-foreclosure activity for March and April is an indication that the foreclosure crisis in Montgomery AL is not over with many more Montgomery families in distress situations.

montgomery al foreclosure

Are you or someone you know behind on your mortgage payments and facing a Montgomery AL foreclosure? You do have options. A short sale may be the answer to saving you, your family and your home. Give us a call for a private consultation.

Get the value of your Montgomey AL home.

 

 

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Montgomery Homes For Sale: 1754 Wentworth Drive

Thursday, May 28, 2009
by The Hat Team

Montgomery Homes For Sale:

1754 Wentworth Drive, Montgomery AL 36106
MLS# 264754 

If you'd rather take a beating than have to move often, you'll love the flexible floorplan of this custom-built home. Two extra bedrooms downstairs allow you to have your children on the first floor with you while they're little. And when they're older, give them the upstairs with its two additional bedrooms plus a computer area. An inground pool with diving board and slide provides a focal point for family fun and the surrounding decorative iron fence provides peace of mind. You can see from the street that this is a lovely, traditional Southern home. And the interior won't disappoint because it offers you a big family room plus a living room that will stay extra-nice for special occasions. What's more, you'll never run out of storage here. Everywhere you turn there's a closet, and a bevy of real wood cabinets fill both the spacious kitchen and the laundry room. And perhaps best of all, moving in will be easy as pie because of all the brand-new upgrades including all new paint, carpet, vinyl and pool liner. And the seller has already done most repairs indicated on the home inspection you may review by clicking on the photo. So check it out and then make it your own!

Learn more aobut 1754 Wentworth Drive and other Montgomery homes for sale by visiting HatTeam.com.

 

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Montgomery Homes For Sale: 3038 LeBron Road

Friday, May 22, 2009
by The Hat Team

Montgomery Homes For Sale:

3038 LeBron Road, Montgomery AL 36106
MLS# 264452

3038 Lebron

 

Don't miss this charming Cloverdale cottage that is oozing with architectural details. Tudor-esque arched front door opens to large living room with stone fireplace, window seat for reading or morning coffee, and unique windows that allow for privacy while letting in lots of light. Banquet sized dining room has antique French doors leading to a small side porch. If you like to cook and entertain, you will enjoy the updated kitchen that is open to the den/family room. Two well proportioned bedrooms plus a sunroom/bonus room that could swing as a third bedroom. Make sure you check out the patio area off the den and the private lush back yard.

 

Learn more aobut 3038 LeBron Road and other Montgomery homes for sale by visiting HatTeam.com.

 

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Montgomery AL Real Estate Sales Statistics - April 2009

Thursday, May 21, 2009
by The Hat Team

Pending home sales rose with many first-time buyers taking advantage of historically good housing affordability conditions, according to the National Association of Realtors®

 

The Pending Home Sales Index, a forward-looking indicator based on contracts signed in March, increased 3.2 percent to 84.6 from a level of 82.0 in February, and is 1.1 percent higher than March 2008 when it was 83.7.

Lawrence Yun, NAR chief economist, said it should take a few months for the market to gain momentum. “This increase could be the leading edge of first-time buyers responding to very favorable affordability conditions and an $8,000 tax credit, which increases buying power even more in areas where special programs allow buyers to use it as a downpayment,” he said. “We need several months of sustained growth to demonstrate a recovery in housing, which is necessary for the overall economy to turn around.”
 
Let’s take a look at the March sales statistics to see how the Montgomery AL real estate market looks: 

Montgomery AL real estate sales statistics for April show pending sales increased by 12% in 2009 compared to April 2008, the average sales price increased by 1% to $124,291 while sold listings were up 6% from 2008.  Market times showed a decrease of 2 days or 2% from 2008.

Midtown
Montgomery

Pending
Sales

Sold
Listings

Average
Market Times

Average
Sales Price

Apr 2009

59

34

94

$124,291

Apr 2008

52

32

96

$122,842

For the latest Montgomery AL real estate market conditions in your area, please call me at 800-HAT-LADY or visit HomesForSaleInMontgomeryAlabama.com.

Information is provided by the Montgomery Area Association of Realtors and is deemed accurate but not guaranteed.

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Montgomery Homes For Sale: 929 Cloverdale Road

Thursday, May 21, 2009
by The Hat Team

Montgomery Homes For Sale:

929 Cloverdale Road, Montgomery AL 36106
MLS# 264372
 

Updated and move-in ready! This wonderful Old Cloverdale home boasts spacious rooms, high ceilings, and beautiful refurbished heart pine floors. Great kitchen with custom cabinets and granite countertops. There actually are 3 full bedrooms, but access for one is through another. Wide central hallway is big enough for kids to play in and has great built-in bookshelves. Floored attic space could easily be finished off for another HUGE bedroom and bath or bonus room. Out back you'll find a covered porch, terrace, and a deep private yard with mature trees and heirloom shrubs. Within walking distance to Cloverdale Park and just around the corner from Cloverdale's dining and entertainment district!

Learn more about 929 Cloverdale Road and other Montgomery homes for sale at HatTeam.com.

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Montgomery Real Estate: 2220 Felder Terrace

Wednesday, May 20, 2009
by The Hat Team

Montgomery Real Estate:

2220 Felder Terrace, Montgomery AL 36106
MLS 261094

Looking for low maintenance, lock-it and leave-it and move-in condition? Look no further! This Old Cloverdale charmer has been totally updated to include brand new custom kitchen with stainless appliances and granite countertops. Spacious rooms and gleaming hardwood floors downstairs are perfect for entertaining, and you'll love the New Orleans style brick courtyard out back. Professionally landscaped front yard adds to the appeal, and all this within walking distance to the Cloverdale entertainment district. Check this one out before someone else beats you to it!

For more information on 2220 Felder Terrace and other Montgomery real estate visit HatTeam.com. 

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10 Steps To Montgomery Home Ownership

Friday, May 15, 2009
by The Hat Team

The thought of buying a home can be overwhelming for many Montgomery home buyers and understandably so, as buying a home is one of the biggest decisions most of us make. Below are 10 steps to Montgomery home ownership that will make home buying a little less daunting:montgomery home

 

1. Decide what you can afford. Generally, you can afford a home equal in value to between two and three times your gross income.

2. Develop your home wish list. Then, prioritize the features on your list.

3. Select where you want to live. Compile a list of three or four neighborhoods you’d like to live in, taking into account items such as schools, recreational facilities, area expansion plans, and safety.

4. Start saving. Do you have enough money saved to qualify for a mortgage and cover your down payment?  Ideally, you should have 20 percent of the purchase price saved as a down payment. Also, don’t forget to factor in closing costs. Closing costs — including taxes, attorney’s fee, and transfer fees — average between 2 and 7 percent of the home price.

5. Get your credit in order. Obtain a copy of your credit report to make sure it is accurate and to correct any errors immediately. A credit report provides a history of your credit, bad debts, and any late payments.

6. Determine your mortgage qualifications. How large of mortgage do you qualify for? Also, explore different loan options — such as 30-year or 15-year fixed mortgages or ARMs — and decide what’s best for you.

7. Get preapproved. Organize all the documentation a lender will need to preapprove you for a loan. You might need W-2 forms, copies of at least one pay stub, account numbers, and copies of two to four months of bank or credit union statements.

8. Weigh other sources of help with a down payment. Do you qualify for any special mortgage or down payment assistance programs? Check with your state and local government on down payment assistance programs for first-time buyers. Or, if you have an IRA account, you can use the money you’ve saved to buy your fist home without paying a penalty for early withdrawal.

9. Calculate the costs of homeownership. This should include property taxes, insurance, maintenance and utilities, and association fees, if applicable.

10. Give us a call. An experienced REALTOR® is the best person to guide you through the home buying process.

Learn more about buying a Montgomery home at HatTeam.com.

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Montgomery Real Estate For Sale: 3230 Wellington Road

Tuesday, May 12, 2009
by The Hat Team

Montgomery Real Estate For Sale:

3230 Wellington Road, Montgomery AL 36106
MLS #264335  

Get the best of both worlds with this big beauty: a traditional living room plus a huge family room with vaulted ceiling and skylights, both with fireplaces. And because the dining room opens onto both family room and kitchen, you'll never get stuck off by yourself doing food prep or cleanup while everyone else is having fun!  

A stylishly updated kitchen plus new carpet and vinyl are just two more reasons to make sure you see (and buy) this one! For your other half there's a great workshop for all his "treasures" and a shady deck for the grill. And 3 full baths mean privacy for everyone when it counts the very most!  

Cloverdale-Idlewild is the perfect neighborhood for families who love activity. From the free spring concerts in the Cloverdale Bottom Park gazebo...to the 4th of July Parade...to the annual Christmas caroling festivities, there's something for every season and every taste. In between, you're just blocks from the Cloverdale entertainment district with its restaurants and night-spots, independent theater and quaint shops.

 

For more information about 3230 Wellington Road and other Montgomery real estate, visit HatTeam.com. 

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What to Do Before Selling Your Montgomery Home

Friday, May 8, 2009
by The Hat Team

Spring is here! If you are thinking of selling your Montgomery home this spring, now is the time to start getting ready to sell. Below are 5 things to do before putting the ‘For Sale' sign in the yard: montgomery home, sale sign

1. Have a pre-sale home inspection. Be proactive by arranging for a pre-sale home inspection. An inspector will be able to give you a good indication of the trouble areas that will stand out to potential buyers, and you'll be able to make repairs before open houses begin. 

2. Organize and clean. Pare down clutter and pack up your least-used items, such as large blenders and other kitchen tools, out-of-season clothes, toys, and exercise equipment. Store items off-site or in boxes neatly arranged in the garage or basement. Clean the windows, carpets, walls, lighting fixtures, and baseboards to make the house shine. 

3. Get replacement estimates. Do you have big-ticket items that are worn our or will need to be replaced soon, such your roof or carpeting? Get estimates on how much it would cost to replace them, even if you don't plan to do it yourself. The figures will help buyers determine if they can afford the home, and will be handy when negotiations begin.  

4. Find your warranties. Gather up the warranties, guarantees, and user manuals for the furnace, washer and dryer, dishwasher, and any other items that will remain with the house. 

5. Spruce up the curb appeal. Pretend you're a buyer and stand outside of your home. As you approach the front door, what is your impression of the property? Do the lawn and bushes look neatly manicured? Is the address clearly visible? Are pretty flowers or plants framing the entrance? Is the walkway free from cracks and impediments? 

Learn more about selling your Montgomery home at HatTeam.com. 

What is your Montgomeryhome worth?

 

www.REALTOR.org/realtormag Reprinted from REALTOR® Magazine Online by permission of the NATIONAL ASSOCIATION OF REALTORS® . Copyright 2003. All rights reserved.

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