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Displaying blog entries 151-160 of 199

Montgomery Real Estate: Short Sale Tips

Thursday, August 14, 2008
by The Hat Team
In the current Montgomery real estate market, there has been a lot of buzz around “short sales.” What is a short sale, exactly? A short sale is when a lender agrees to accept a mortgage payoff amount less than what is owed in order to facilitate a sale of a property by a financially distressed owner – in essence, the lender forgives the outstanding balance of the loan.
 
short saleThere are pro’s and con’s to short sales on both sides of the deal. For the seller, credit history is seriously damaged, but not as badly as it would be by foreclosure. Sellers also walk away with no profit, which makes it difficult to purchase another home. For the buyer, the property comes at a reduced price, but it also generally comes with its fair share of problems, and there is a considerable amount of “red tape” to get through to complete the purchase.
 
The short sale buying process can be a confusing one, especially for a first-time short sale buyer. Check out this helpful article from BankRate.com and see 10 Steps for Short Sale Buying below:
 
  1. Identify potential short sales
  2. View the property
  3. Do your research
  4. Find all liens and mortgages
  5. Figure out the financing
  6. Contact the lender
  7. Complete the lender’s short sale application
  8. Assemble the proposal
  9. Negotiate
  10. Close the deal
 
To learn more about investing in Montgomery real estate, please visit HatTeam.com. For more personalized service, please call me today at 800-428-5239. 

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Montgomery Real Estate: Waterfront Home For Sale In Lowndesboro

Thursday, August 14, 2008
by The Hat Team

Waterfront Home For Sale

160 River Road, Lowndesboro AL 36752

Looking for the perfect Affordable waterfront getaway just minutes from Montgomery...here it is! This custom built home sits on one of the widest parts of the Alabama River with literally more than a mile's view up and down this graceful body of water. With features such as real cedar siding, commercial grade steel roof, huge wrap around deck, and foam insulation underneath, your maintenance will be minimal. And, with extras inside like antique wide plank pine floors, vaulted knotty pine ceiling, and reclaimed bead board accents, you'll love inside just as much as the peaceful serenity and views outside. Plenty of room to entertain, the big open family room, dining room, and kitchen with endless breakfast bar make the mark! Throw in a master bedroom with french doors to covered deck, 2 guest rooms and additional bath and this is all you need for full time living or a perfect week-end get away. All this in the middle of 2 lots, so you have much privacy. New well provides fresh water!
For more information on 160 River Road or other waterfront homes for sale in Montgomery, visit HatTeam.com or give us a call at 800-428-5239.
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Montgomery Real Estate For Sale: 1754 Wentworth Drive

Thursday, August 14, 2008
by The Hat Team

Montgomery Home For Sale

1754 Wentworth Drive, Montgomery AL  36106

Spacious Montgomery Home with a Pool!
Bring the whole family because there is plenty of room! Enjoy the spaciousness and storage of this lovely one-owner home at 1754 Wentworth Drive. There are 3 bedrooms downstairs, including the master and 2 up. 9' ceilings downstairs, crown moldings throughout, wood floors, brick floors, the works. Out back is a beautiful in-ground pool with a new pool liner. Wide concrete decks with gated brick and iron fencing. Also is a 2-car carport with extra parking space and large storage rooms. Covered patio and generously covered porches. Look on the kitchen counter for a wealth of information on the home. Almost every improvement has been documented for your perusal. The best feature of this home is CLOSETS, 11 of them plus great walk-in attic storage. You will be hard pressed to find another house in the area with this quality of construction so don't delay to see it.
For more information on 1754 Wentworth Drive or other Montgomery real estate, visit HatTeam.com or give us a call at 800-428-5239.
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Montgomery Real Estate: 2245 Allendale Road for Sale

Tuesday, August 12, 2008
by The Hat Team

Montgomery Real Estate for Sale

2245 Allendale Road, Montgomery AL 36111

One-owner Montgomery home that needs some TLC. Great floor plan with lots of possibilities. Huge lot, just right for a pool. The master bedroom has a dressing area, walk in closet and walk in shower. The other 2 bedrooms are very spacious and can accommodate any size furniture. The kitchen could use some updating but has good space and the laundry area is very large.
For more information on 2245 Allendale Road or other Montgomery real estate, visit our website, HatTeam.com or give us a call, 800-428-5239.
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Montgomery AL Real Estate Sales Expected To Rise

Thursday, June 26, 2008
by The Hat Team

A modest gain in the level of Montgomery AL real estate sales is possible over the next couple months, and an improvement is forecast for the second half of this year as more buyers are able to access affordable mortgages, according to the latest forecast by the National Association of Realtors®.

 
The Pending Home Sales Index,* a forward-looking indicator based on contracts signed in April, rose 6.3 percent to 88.2 from a reading of 83.0 in March. It’s the highest index since last October, but remains 13.1 percent lower than April 2007 when it stood at 101.5.

Lawrence Yun, NAR chief economist, said pending sales contracts have picked up notably in areas undergoing significant price drops. “Bargain hunters have entered the market en masse, especially in areas that have experienced double-digit price declines, but it’s unclear if they are investors or owner-occupants,” he said.
 
Let’s take a look at the May sales statistics to see how things are looking in the Montgomery AL real estate market:
  
Midtown Montgomery saw a 48% decrease in pending sales this May, when compared against May 2007.  Likewise, sold listings were down 34%.  While the average sales price dropped 4% to $142,820, homes were on the market for an average of 29 fewer days than in 2007.

Midtown
Montgomery
Pending
Sales
Sold
Listings
Average
Market Times
Average
Sales Price
May 2008
38
37
104
$142,820
May 2007
72
56
133
$149,412

As these statistics and national trends show, this is a great time to consider buying Montgomery AL real estate. 
To learn more about the current Montgomery AL real estate market, please call me at 800-HAT-TEAM or visit HomesForSaleInMontgomeryAlabama.com.
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Montgomery AL Real Estate for Sale: 550 Green Ridge Road

Sunday, June 8, 2008
by The Hat Team

Montgomery AL real estate for sale located at
550 Green Ridge Road, Montgomery AL 36109 

You can stop your search when you go inside this Forest Hills beauty. You will find a lot of updating done to this 3 bedroom, 2 bath house. The bonus here is the sunroom that is off the galley style kitchen. The laundry room is location inside this sunroom. There are gleaming hardwood floors throughout the house. French doors open from the great room onto the large, shady backyard patio. This house is move in ready and has already had the inspection done for you. Don't let this one get away.

For more information on 550 Green Ridge Road or other Montgomery real estate, visit HatTeam.com. Search all Montgomery real estate or get the value of your Montgomery home.

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Montgomery Real Estate - 24 Bradley Drive

Friday, February 22, 2008
by The Hat Team

Montgomery Homes for Sale - 24 Bradley Drive, Montgomery AL 36109 

This pristine brick home would serve as a great starter home or a low maintenance downsizer. With updates in the bathroom and kitchen and neutral paint throughout, move in would be a cinch! Large fenced backyard. Investors, you may want to check this out as well. Would be an excellent source of rental income...you could fund your child's college tuition with the purchase of a no brainer like this!

For more informatin on this home or other Montgomery real estate, give us a call at 800-428-5239 or visit our website, HatTeam.com. View all Montgomery homes for sale.

 

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Montgomery Real Estate - 2606 Aimee Drive

Friday, February 22, 2008
by The Hat Team

Montgomery Homes for Sale - 2606 Aimee Drive, Montgomery AL 36106 

This magnificent custom built home has everything your family needs, and MORE! From the elegant formal living and dining rooms with hardwood floors, to the HUGE family room with fireplace and wall of built-in bookshelves and storage, to the large sunny breakfast room and updated kitchen with granite countertops and custom cabinetry, you'll never have space issues again. A wet bar with wine cooler connects the sunny florida room with a HUGE 20x20 bonus room with surround sound, and they all overlook the covered porch, inground pool, and tiered back yard with multi-level waterfalls and fish ponds. Back inside, the grand downstairs master bedroom boasts a master bath TO DIE FOR! Custom everything, and looks like something out of Southern Accents. 6x8 bonus room off master could be home office, "wrapping" room, exercise room, or another big walk in closet. Upstairs is a large bedroom with window seat areas and it's own private bath, and two more spacious bedrooms that share a joining bath. Tons of closets and storage space in this home. All this on a quiet street in prestigious Vaughn Meadows.

For more information on this home or other Montgomery AL real estate, give us a call at 800-428-5239 or visit our website, HatTeam.com. Search all Montgomery homes for sale.

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Montgomery Real Estate-3344 Lexington Rd

Thursday, February 21, 2008
by The Hat Team

3344 Lexington Rd - Montgomery Home For Sale

Back on the market but better than before. Located in historic Cloverdale/ Idlewild. A tremendous amount of work has been done to get this house ready for its new owners. New Roof, new carpet, paint, some plumbing and electrical and a whole lot more. There is a lot of charm and character here with sunken living room, arched doorways, etc.

For more information on this home or other Montgomery real estate, give us a call at 800-428-5239 or visit our website, HatTeam.com.

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Montgomery Real Estate - 1300 Magnolia Curve

Sunday, February 17, 2008
by The Hat Team

Montgomery home for sale - 1300 Magnolia Curve

Need a guest house? Then you must see this wonderful 4-square tudor style home in superb Historic Old Cloverdale location, which happens to be on the point of Magnolia and Magnolia Curve. Seller has done a wonderful renovation to this house but maintained the original characteristics that homes in this area are known for. The square footage listed does not include the 1bedroom, converted garage apt of approx. 840 sq.ft. It has also been renovated. There is a partial basement to access mechanical. This home is a sight to behold so get ready to sign on the dotted line once you take a gander. Virtual Tour.

For more information on this home and other Montgomery real estate, visit HatTeam.com. Or for more personal service, give us a call at 800-428-5239. View Montgomery homes for sale.

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Displaying blog entries 151-160 of 199

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