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Montgomery AL Real Estate For Sale:

 
MLS#409639
 

Pristine home situated on a quiet cul-de-sac in Green Acres. Move in ready with new carpet and fresh paint. Lots of living space with living room, family room/den and a huge bonus room addition. Bedrooms are spacious and bathrooms have new vinyl tile floors. Lovely covered patio perfect for relaxing and good size back yard with two storage sheds. Home has been very well cared for, check it out today!

 

Midtown Montgomery Real Estate Market Trends August 2016

by The Hat Team

Midtown Montgomery Market Trends

Midtown Montgomery Market Update

homeowner

Being a homeowner means that your home is yours – even the things that need fixing. Is a faucet leaking? Are floor boards squeaky? Is a light-switch not working? Those issues are all yours to tackle. But what projects can you do yourself and what ones require the help of a trained professional? Taking on projects yourself can save you time and money. But taking on the wrong projects can lead to unending amounts of stress or end up costing you more money than if you had hired someone in the first place. NAR’s consumer website, HouseLogic.com, lets you know which projects need a seasoned hand and a beginner can undertake.  

Take a look at how many families decided to become homeowners in our local market in August…

MIDTOWN MONTGOMERY REAL ESTATE MARKET UPDATE
 

Midtown Montgomery real estate sales statistics for August 2016 show the number of homes sold increased 5.26%. The average sales price increased by 4.06%. The median sales price decreased by 5.23%. Market times dropped by 47 days.

Midtown Montgomery August 2016    August 2015
Homes Sold 40 38
Average Selling Price $161,464 $155,167
Median Selling Price $126,000 $132,950
Days On The Market 92 139
Highest Selling Price $750,000 $790,000
Lowest Selling Price $6,000 $7,130


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

Courtesy of Montgomery AL Real Estate Expert Sandra Nickel.

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

Tips to Assure Your Pre-Approval is Valid

by The Hat Team


Assure your pre-approval is valid

If you are in the market for a new home then the very first step you need to take even before you begin your search for the perfect place is to receive a pre-approval on a loan.  Most Realtors won’t take you serious about looking for a home until you have your pre-approval.  There are a few things that need to take place to assure your pre-approval is valid.  If your lender tells you that you are pre-approved within just a few minutes you may want to do some investigation to find out if it’s legitimate pre-approval.   Below are a few suggestions about what you need to do in order to receive a pre-approval.

  • Submit an application with the lender of your choice
  • Provide all documentation that the lender requires of you
  • Given the go ahead and approval for the lender to pull your credit
  • Your lender must have found that you meet all the credit guidelines. They will look at things such as your debt-to- income ratio as well as your assets. 
  • The lender will have talked with you about what money you need to have together for closing costs as well as what your mortgage payment will be monthly.  Your lender will also go over any or all programs that you may qualify for. 
  • An automated underwriting must be made by your lender before you can move forward with your loan.

If you have a good lender, he or she will talk with you about the different requirements to get a pre- approval and they may even determine that you need to work on a few things first and give it a bit of time before you apply for a pre-approval.  Good lenders will spend the time needed with you to figure out where your finances are so that you don’t end up getting in over your head with a home you cannot afford.  Take your time looking for a lender so that you have a good match and one that you can trust.  After all, buying a home is a big deal and you need to be able to trust those who are leading you into your future and home ownership.

Courtesy of Montgomery AL Real Estate Expert Sandra Nickel.

Buying Big Without Breaking the Bank

by The Hat Team

Buy big without breaking the bank.

We have all seen the tiny houses that are flooding the internet lately, but let’s be honest; do you really want to live in a space so small that you barely have room to move around in your own home?  In all likelihood we can all agree that we really want more space for less money.  Let’s take a look at a few ways to buy big without breaking the bank. 

  1. One way that you can buy big without breaking the bank is by going in together with a family member to purchase a home.   You may not like the idea of having someone living with you but if you can afford to buy a large enough house together you might not even be bothered by them as much as you think you will.
     
  2. Another way to buy big without breaking the bank is by buying an older home.  Older homes are typically built well and have quite a lot of character.  If you don’t have to have everything new then consider buying an older home so that you can get more bang for your buck.  New is not always better. 
     
  3. A great way to buy big without breaking the bank is to bid on a home that is not completely built yet.  You may have  a bit of negotiating room when it comes to the floor plan and if larger is what you want larger might just be what you can get without dishing out a ton of money. 
     
  4. If the home you have your eye set on is the one you really want but it just doesn’t seem big enough for your taste, why not aim for renovating and opening up some of the rooms?  This is a great way to make a smaller home feel larger than it is without having to spend a lot of money in the process.  If you don’t have enough cash to do it all right now, you can always open it up a little bit at a time. 
     
  5. Finding homes that have been on the market for a while is a great way to get more for your money.  Homes are flying off the market these days, so you showing an interest in a home that isn’t having as much luck as the others is a great way to get more.

These are just a few ideas of how you can get more for your money when it comes to buying a home.   Now that you are aware of how you can get a bigger home without breaking the bank you are well on your way to finding the home for you and yours.  

Courtesy of Montgomery AL Real Estate Expert Sandra Nickel.

Look For These 6 Attributes In A Neighborhood Before Buying

by The Hat Team


Welome to the neighborhood!

Here are just a few things you may want to look for in a neighborhood before you buy a home there.  Keep an open mind when searching for a neighborhood and do your best to pay attention to these things and you will most likely enjoy your new home for years to come.

  1.  Walkability – A good thing to look for in a neighborhood before you buy is the walkability of it.  If you don’t know, a good place to start is to walk the neighborhood yourself.  If you don’t want to get out and walk around in the neighborhood before you purchase a home there, you can always check the walkability score on sites such as Walk Score
  2. Neighbors – A great way to check out the neighbors in a hood that you are considering buying a house in is to drive through the neighborhood on a Saturday afternoon.  Most of the time you will at least get to take a look at a few of the neighbors out in their yards.
  3. School Rankings – If your children’s education is important to you, you may want to check out the schools in the area in which you are planning to buy a home.  Talk to neighbors, go to the school and talk to teachers, check for school ratings in that area online to get an idea of what you should expect.
  4. Crime Rates – It is very important that you check into crime rates in a neighborhood before you make a purchase so that you are not surprised once you move in.  Most of the websites such as Zillow and Trulia have a crime rate locator that will show you just how much crime goes on in different areas.
  5. Places Of Interest – A good thing to look for in a neighborhood before you buy a house there is for places of interest nearby.  You may or may not get a chance to do all of the fun things nearby your new home once you move in but knowing there is a lot to do within a close distance may be important to your children.
  6. Demographics -   If it is important to be in a neighborhood of people who look like you and who are around the same age you may want to check out the demographics before you buy a house there.

These are just a few things you may want to look for in a neighborhood before you purchase a home there.  Keep an open mind when searching for a neighborhood and do your best to pay attention to these things and you will most likely enjoy your new home for years to come.

Courtesy of Montgomery AL Real Estate Expert Sandra Nickel.

 

Things to Accomplish Soon After Moving Into Your New Home

by The Hat Team


Things to accomplish after moving to your new home.

If you were lucky enough to move into a new home recently then you need to know a few things that you should strive to accomplish soon after the move.    These things will get you set in the right direction for being comfortable in your new home for years to come.  A few of these ideas are listed below. 

  • Be sure to take pictures of each room in your new home before moving in. Sometimes the inspection takes place and then the previous owners come back to get a few last items of theirs moved out.  You never know, especially if the previous owners were forced to move due to a short sale, what they may have done to the house.  Take pictures before you move your furniture inside.  This way if any damage has occurred you will have full documentation of it and may be able to get things fixed more easily.
  • If you hire a moving company to move your belongings from one house to the other you will want to check all of your belongings to make sure there was no damage done to anything during the move.  You should have liability coverage in your moving contract and if that is the case if any damage occurs and you document the damage you should be able to get reimbursed for that. 
  • One of the most important things to accomplish as soon as you move into a new home is to change the locks.  You have no way of knowing how many folks have a key to your home from the previous owners and you surely don’t want to worry about someone being able to get inside of your home without your knowledge.  Get this task done right away. 
  • If you want to make the home have a nice new feel, painting is a great way to do that.  Painting an empty house is much easier than having to move the furniture around later. 
  • If you are a registered voter and you have recently moved into a new home that is in a different county, you will want to change your voter registration right away.  It’s not a good feeling to be turned away at the polls because your address is incorrect. 

These are just a few ideas of things you should strive to accomplish soon after moving into a new home. Hopefully they will be of some help to you and yours.

Courtesy of Montgomery AL Real Estate Expert Sandra Nickel.

 

What to Renovate When Selling Your Home

by The Hat Team

Renovate your home to sell.

It can be hard to set a budget and stick to it when it comes to renovating your home. If you are planning on selling your home soon, you should go ahead and do a few renovations that may need to be done but do the ones that don’t cost a lot of money. Of course if your home has some issues and you feel you can get a lot more money out of your home if you make those renovations now, you may want to go ahead and do so. Below are a few tips on what exactly you should consider when renovating your home to prepare it for sale.

  • One of the best ways to prepare your home to sell is by renovating your walls and floors.  You can add paint to the walls of your home for a quick “pick me up” that will help your home appear newer than it is.  Refinishing hardwood floors or pulling up carpet to reveal hardwoods is also a great way to spruce things up around your home.  Be sure if you are painting to do so with neutral colors that will be pleasing to everyone’s pallet.  Likewise if you are putting down carpet, be sure to choose a neutral color.  If you are refinishing hardwoods, be sure to stay away from any dark stains that may turn some buyers away.  Stick with the natural light wood floors that seem to be so popular these days. ‚Äč
     
  • Doors are another place you may want to consider during your home renovations.  Replacing your front door with a steel door adds a great deal of value to your home.  Adding some new garage doors may help to add value as well.   Keep in mind you don’t have to spend a ton on these types of things, just replacing old with new will likely be enough.
     
  • If you don’t have the money to redo your entire kitchen, try upgrading by replacing old worn out drawer pulls or cabinet knobs.  You may also want to put a little paint on your old cabinets to lighten and brighten things up a bit.  Keep in mind if money is not an issue that kitchen renovations  can sometimes make or break the sale of your home.  If you need to” bling it out” and you have the funds to do it, go for it. 

Any and all renovations you do to your home in an effort to get more money out if it during a potential sale is a good thing.  Don’t go crazy spending a lot of money for cosmetic fixes but ‘DO’ do your best to make your home look like a shiny new penny!

Courtesy of Montgomery AL Real Estate Expert Sandra Nickel.

Montgomery AL Home For Sale: 2185 Woodley Rd

by The Hat Team

Montgomery AL Home For Sale:

2185 Woodley Rd, Montgomery AL 36111
MLS# 318131

Your Dream Home Awaits!


2185 woodley rd

Your dream home awaits! Buy this home and lovely lot and either renovate or demolish the structure to make way for the home of your dreams. Whether you're the creative type yourself or have an architect or designer, the potential of this location will be obvious. Attractive financing products make it easy to go from concept to completion. And the end product will be surrounded by other homes of extremely high value, too. So think big and call your REALTOR 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.

Midtown Montgomery Real Estate Market Report for May 2014

by The Hat Team

All-cash offers are an unusual real estate tactic, but often times are a winning strategy at the negotiating table, and are presently on the rise. The National Association of Realtors® reports market share of all-cash purchases has risen and currently makes up 33 percent of the market. This is a unique trend, especially since the market has experienced a decrease in distressed homes and investor activity.

Economists point out many reasons for this popular trend. One is restrictive lending standards have caused many buyers, especially wealthy ones, to forgo a loan. Another is the aging baby boom generation, many of whom are trading down and paying for their purchase with cash accumulated from decades of equity. Some also point to foreign buyers; home purchases by foreign buyers in the U.S. are increasing and those buyers don’t have the credit history in the U.S. to qualify for a loan.

None of those situations have significantly impacted the Montgomery market.  For May, 24% of the sales were all-cash and averaged just $42,500.  This indicates they were predominantly investor sales of distressed properties.  Now let's look at the other May statistics for Midtown Montgomery.

Midtown Montgomery real estate sales statistics for May 2014, show the number of homes sold increased by 5.7% when compared to May 2013. The average sales price increased by less than 1% to $144,882 for the month. The median sales prices increased by 17%, and market times decreased by 4 days from May 2013.  The highest selling price decreased by 5%, and the lowest selling home price decreased by 45% compared to May 2013.

Midtown Montgomery  May 2014 May 2013
Homes Sold 33 35
Average Selling Price $144,882 $144,725
Median Selling Price $123,000 $105,000
Days On The Market 126 140
Highest Selling Price $635,000 $665,000
Lowest Selling Price $9,250 $17,000

For the latest Midtown Montgomery 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.

Montgomery AL Home For Sale: This One Will Steal Your Heart!

by The Hat Team

Montgomery AL Home For Sale: This One Will Steal Your Heart!

1915 Norman Bridge Ct, Montgomery AL 36104
MLS# 308492

1915 Norman Bridge Ct

SUPER CUTE cottage on quiet cul-de-sac will steal your heart! All the character you expect in a Garden District home, freshly painted and nicely updated. And, the bonus is the large master addition with spacious bedroom, jetted tub and split vanities in bath, and walk-in closet. Cozy sunroom off living room will become your favorite hang-out space. Out back is a deck and shady back yard. Priced right, so come take a look!

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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