Montgomery AL Foreclosure Trends for December 2014
In December, the number of properties that received a foreclosure filing in Montgomery, AL was 39% lower than the previous month and 56% 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 67.3% of foreclosure activity in December 2014 and Bank-owned properties accounted for 32.7%.
Montgomery AL Foreclosure Activity by Month
The number of Bank-Owned properties increased 88.9% compared to the previous month and decreased 66.0% from the previous year in December. The number of Auctions decreased 53.9% compared to the previous month and 49.3% from the previous year.
Montgomery AL Foreclosure Geographical Comparison
Montgomery AL foreclosure activity was 0.04% lower than national statistics, the same as Alabama numbers and the same as Montgomery County statistics in December 2014.
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.
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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.
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Qualified mortgage interest is deductible on taxpayers' returns subject to the maximum acquisition debt of one million dollars. For the fortunate homeowners who have paid off their mortgage, their acquisition debt was reduced to zero and only the interest on a maximum home equity debt of $100,000 is deductible.
The concept is simple. Make a contact record in your address book with the name “ICE”, which stands for In Case of Emergency. In the note section of the record, you would list your name, blood type and medical conditions along with prescriptions and physicians. You’d also list the people and their phone numbers that can be contacted in case of an emergency.
Decorate your home like you have never decorated it before to make it stand out above all the other homes that are for sale during the holiday season. You may not feel like doing this because you are most likely ready to move out and get on with your life, but if you take the time to make your home look beautiful for the holidays, it is most likely going to get the attention of several buyers that might not otherwise take a second look at your home. Be sure to have a few showings during the evenings if your Realtor will agree so that you can show off your awesome light display.
In some cases, you might only be able to name one or two of your neighbors who would step up to that level of service. Wouldn’t it be nice if more people on your street would be happy to make that offer?
