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Montgomery AL Real Estate For Sale: 700 Eliza Place

Saturday, August 31, 2013
by The Hat Team

Montgomery AL Real Estate For Sale:

700 Eliza Place, Montgomery AL 36109
MLS# 303860

Start Living The Good Life!

700 Eliza Place Montgomery AL


This custom built garden home sits on a convenient corner lot with side entry double garage. Meticulous owners ensure that this property has been well maintained and cared for, so all you have to do is move in and start living the good life. Great floor plan includes large living room and formal dining room, and an open kitchen with a center island, built-in work space, and breakfast nook. There is even a sitting/keeping area off the kitchen for casual living. Split plan means owners and guests (or children) are somewhat separated. AND, while there is some yard space, and outdoor living on the side yard, it is all easy to maintain. Call today for your private tour of this perfectly priced patio home!

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 Home For Sale: 1468 Woodley Rd

Friday, August 30, 2013
by The Hat Team

Montgomery AL Home For Sale:

1468 Woodley Rd, Montgomery AL 36106
MLS# 303857

Completely Renovated Home Offering Lots Of Privacy!


Give up lots of yard without compromising interior space. This completely renovated home is tucked away in a cozy cul-de-sac and provides much privacy. Comfortable great room with fireplace opens to kitchen/breakfast area with travertine and granite. Spacious master bedroom and bath downstairs and two more guest bedrooms and a bath up. Covered rear patio makes a great outdoor living space, and the over-sized detached garage could serve many uses (workshop, home office space, man "cave", etc.) There is even a raised garden on the side for fresh herbs and veggies.

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 - July 2013

Friday, August 30, 2013
by The Hat Team

In July, the number of properties that received a foreclosure filing in Montgomery, AL was 96% higher than the previous month and 8% lower than the same time last year, according to RealtyTrac.com.

Montgomery AL Foreclosure Discount

The median sales price of foreclosed homes is $25,991 less than regular homes.

montgomery al foreclosure


Montgomery AL Foreclosure Geographical Comparison

Montgomery AL foreclosure activity was the same as national statistics, 0.04% higher than Alabama and the same as Montgomery County statistics in July 2013.

montgomery al foreclosure

Montgomery AL Foreclosure Activity by Month

The number of Bank-Owned properties increased 100.0% compared to June and dropped 24.2% compared to July 2012. The number of Auctions increased 91.7% compared to June and decreased 21.1% from July 2012.

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!

You can reach Sandra by filling out the online contact form below or give her a call anytime.
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Find the "Right" Agent Before the "Right" Home

Thursday, August 29, 2013
by The Hat Team

It’s a common practice for buyers to make a list of what they want in a home during the search process and to explain it to their agent. However, maybe the first list they should make would have the skills they want their agent to have.

what buyers wantThe Profile of Home Buyers and Sellers identifies what buyers want most from their agents and as you’d expect, help with finding the right home was ranked highest most often. While it is important, it may not be the most unique of the desired area of expertise.

Equally essential to the success of the transaction are the combination of help with price and terms negotiations and assistance with the paperwork, comparable sales, qualifying and financing.

To summarize the responses in the survey, Buyers want help from their agents with two things: to find the right home and to get it at the right price and terms. Some agents are actually better equipped with tools and acquired knowledge to assist buyers with financial advice and negotiations.

Since an owner’s cost of housing is dependent on the price paid for the home and financing, a real estate professional skilled in these specialized areas can be invaluable in finding the “right” home. An agent’s experience and connections to allied professionals and service providers is irreplaceable.

Ask the agent representing you to specifically list the tools and talent they have to address these areas.

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 Trends - August 2013

Sunday, August 25, 2013
by The Hat Team

The cost of buying a Montgomery AL home is going up. What's behind the rise in interest rates? Is now still a good time to buy? Here's an interesting video explaining a little bit about why mortgage rates are rising. There's also a little bit in here about how "staying on the fence" could lead to a higher monthly payment.

Rates are still historically low and it's a great time to buy. Wondering if now is the time for your to buy a Montgomery AL home? Give us a call! We’ll help lay out your options so you can make an informed decision.

Take a look at sales figures in our local real estate market for July 2013.

Midtown Montgomery real estate sales statistics for July 2013 show the number of homes sold decreased by 6% when compared to July 2012. The average sales price increased by 9% to $137,013 for the month. The median sales prices increased by 5%, and market times decreased by 9 days from July 2012.  The highest selling home price increased by 31%, and the lowest selling home price increased by 40% from July 2012.

Midtown Montgomery July  2013 July 2012
Homes Sold 33 35
Average Selling Price $ 137,013 $ 125,325
Median Selling Price $ 107,500 $ 102,500
Days On The Market 109 118
Highest Selling Price $ 750,000 $ 517,500
Lowest Selling Price $14,980 $ 9,000

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.

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Get Regular Check-ups!

Thursday, August 22, 2013
by The Hat Team

Following his heart surgery last week, after an issue was discovered during his annual physical, President George W. Bush encouraged everyone to get regular check-ups. 

 

doctorAnother important checkup that should be done on a regular basis and can be just as beneficial for your finances is an annual homeowner advisory. Why would you treat your investment in your home with less care than you treat your car or even your HVAC system?

Consider investigating the following:

• Know the value of your home by obtaining a list of comparable sales in your immediate area as well as what is currently on the market for sale.

• Have you compared your assessed value for tax purposes to the fair market value in order to possibly reduce your property taxes?

• Even if you’ve refinanced in the last two years, can you save money and recapture the cost of refinancing in the time you plan to remain in your home?

• Have you considered reducing your mortgage debt with low-earning cash reserves that will not be needed in the near future?

• Have you considered investing in rental homes in good neighborhoods to increase your yields and avoid the volatility of the stock market?

• Recommendations of repairmen and other service providers from a trusted source who deals with them more frequently than you do.

Our goal is to create a lifelong relationship to help you be better homeowners. We want to be your “go to” person whenever you have a real estate question. We want to help you not only when you buy and sell but all of the years in between.

We want to provide good, consumer-based information about homeownership on a regular basis through email and social networking. If it benefits you by helping you be a better homeowner, hopefully, you’ll consider us your real estate professional for life.

Anytime you or your friends need help, please call. Knowing where to get the answer is just as important as knowing the answer. If you’d like information on any of the items we suggested, please let us know.

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 Home For Sale: 432 Earl Place

Tuesday, August 20, 2013
by The Hat Team

Montgomery AL Home For Sale:

432 Earl Place, Montgomery AL 36104
MLS# 303622

Super Investment In Garden District!

432 earl place montgomery al


Nice brick home in historic Garden District could be yours for less than what most people pay for a car! And if you are looking for a great investment, look no further, because this property could really cash-flow. Traditional design puts living room, dining room, and eat-in-kitchen plus powder room on main floor, and three bedrooms and 1.5 baths on the second. Screened porch on front is great place to relax.

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 the Death Of a Spouse Effects Your Mortgage

Thursday, August 15, 2013
by The Hat Team

The death of one partner in a marriage can have significant consequences for a mortgage on a Montgomery AL home.  Exactly what effect it has will depend on whether it is a single or joint mortgage, what balance remains on the mortgage, and other debts and assets of the deceased.

  • mortgageIn the case of a couple having a joint mortgage, the death of one spouse will simply mean the other spouse becomes the sole mortgage-holder. As long as she can continue making the payments, the property will be unaffected.  Federal law prohibits the lender from calling the entire mortgage due because one spouse has passed away.
     
  • If the mortgage is only in the name of the deceased and she had more assets than debts, then the state will pay off the mortgage as part of the probate process. The worst-case scenario is that the house may have to be sold to pay the mortgage off if there aren’t enough other assets to cover the outstanding amount. However, when there is no will and assets are distributed to heirs according to the intestacy laws of the state, the surviving spouse is always one of the first in line to receive the remainder of the deceased’s assets after debts, taxes, and funeral expenses are paid. If the mortgage can be paid off through other assets, in many cases, the spouse would receive the paid-off  Montgomery AL home as his share of the estate.
     
  • If the surviving spouse sells the house within two years of the death, has not remarried prior to the sale, and meets required conditions, she has the right to exclude up to $500,000 of her profit from the transaction.  For further information read US Government Publication 523.
     
  • If the surviving and now sole-owner of the Montgomery AL home realizes he is not going to be able to continue make mortgage payments for a long period of time, he may want to look into a reverse mortgage.  A reverse mortgage is a loan for senior homeowners that uses a portion of the home’s equity as collateral.  The loan generally does not have to be repaid until the last surviving homeowner permanently moves out of the property or passes away. At that time, the estate has approximately 6 months to repay the balance of the reverse mortgage or sell the home to pay off the balance.

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

Should You Be Investing In Montgomery AL Real Estate?

Saturday, August 10, 2013
by The Hat Team

If you're thinking about investing in a rental property, experts say low home prices combined with low interest rates make this the best time in years to become a real-estate investor.  Couple this with the increase in potential renters due to foreclosures and the recent shaky economy, and you may well decide to become a first-time investor in Montgomery AL real estate. 

houseIt isn’t difficult to get into the real estate investing world. In fact, it’s rather easy. But it does require being smart and dedicated—and avoiding easy-to-make mistakes. These tips for a first time real estate investor should be beneficial in helping you become more knowledgeable and competent in sidestepping common pitfalls.

  • Tip 1:  Educate yourself:  Visit numerous online sites, consult with seasoned investors of Montgomery AL real estate, become familiar with terms and jargon, investigate lending procedures, explore possible locations, and analyze your personal financial situation.  Carefully researched knowledge will keep unpleasant surprises at bay.
     
  • Tip 2:  Formulate a plan:  Most experts advise first-timers to limit their initial investments to residential Montgomery AL real estate (many recommend concentrating on foreclosures) and to know in advance how much of a “fixer-upper” they want to take on.  Predetermining preferred locations (think in terms of schools, insurance rates, job availability, taxes, amenities, etc.) is also essential, as is deciding whether you will manage the property yourself.
     
  • Tip 3:  Get your ducks in a row:  Speak to potential lenders or even a financial planner about whether you have enough assets to handle the ups and downs that could come with investing. Even if you plan to rent out the property, count on paying the mortgage whenever there's a vacancy.  It’s certainly a good idea to get pre-approved for an investment property loan.  It’s also useful to line up individuals/companies who can take care of various maintenance needs before you need their services for your Montgomery AL investment real estate.
     
  • Tip 4:  Be patient, but persevere:  As the market recovers, finding the “perfect” property is becoming more difficult, but it is not impossible.  Once you figure out where to look, you’ll be able to find them more easily, and you’ll start making money!  Be forewarned: there will be numerous high and low points in your stint as an investor, but if you are confident about your plan and are determined to work towards it, odds are you’ll succeed!

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 For Sale: 3032 Norman Bridge Rd

Friday, August 9, 2013
by The Hat Team

Montgomery AL Real Estate For Sale:

3032 Norman Bridge Rd, Montgomery AL 36105
MLS# 303397

Close-To-The-Action Fourplex!

3031 Norman Bridge Rd Montgomery AL

Attract desirable tenants with this close-to-the-action fourplex that offers apartments of over 1100 square feet! Wood floors, high ceilings, large windows and lots of them--all the things the young professional craves, and in a location within walking distance of the Cloverdale Entertainment District and 10 minutes to downtown with its nightlife and jobs. Owner has invested heavily in upgrades including new roof and water heaters. Great 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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