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Displaying blog entries 1161-1170 of 1998

December Is A Month Of Celebrations

by The Hat Team

Three major holidays intermingle in December that are all oriented toward festivities, partying, good cheer, and gift giving. And then we close out our calendar year with a fourth holiday - New Year’s Eve. All is festive with decorations and colored lights, singing and dancing, and giving of gifts to each other.

So, what is responsible for all of the festivities and gift giving? Three major segments of our population all have similar celebrations, but for very different reasons…

hanukkahHanukkah is a Jewish festival celebrated for eight days and also known as “The Festival of Lights.” It begins on the 25th of Kislev, a month on the Hebrew calendar. It can fall on the Gregorian calendar (the one most commonly used today in western culture) any time between late November and late December, depending on the year. It commemorates the rededication of the Holy Temple in Jerusalem at the end of the Maccabean revolt of the second century BCE. Hanukkah is observed with the use of a Menorah – eight candles of equal height and a ninth candle in the middle. It is taller than the other candles and is used to light the others, one for each day of the festival. It is customary to present one gift a day to the children in the family. The festivities include special foods, games, and gift giving. Click here to find many more facts.

christmas giftsChristmas is the Christian celebration of the birthday of Jesus Christ. It is depicted in the Bible in the beginning of the Gospels of Luke and Matthew. No one actually knows when Jesus’ birthday was. It was designated by the church as December 25th sometime between 350 and 440 A.D…read more here. It is considered a holy day, but not a major Christian holiday. It has become a birthday party of sorts with decorations, good cheer, family gatherings, good food, and gift giving. It is preceded by three to four weeks of anticipation called Advent. Advent begins on the Sunday nearest to November 30th. An Advent Wreath is used to mark the four Sundays prior to Christmas. It is a wreath laid flat with a large Christ Candle in the middle surrounded by four candles in the wreath. Many Orthodox Christians celebrate Christmas on or around January 7…read more here.

KwanzaaKwanzaa is a relatively new holiday celebrated from December 26 to January 1. It was first celebrated in 1966-1967 and is neither political nor religious in nature. It was created to foster pride and unity among African-Americans. Kwanzaa is a week -long celebration honoring universal African-American heritage, family life, and culture. Its focus is on seven core principles of African Heritage. The celebrations feature activities such as lighting a candle holder with seven candles (arranged very similarly to the Jewish Menorah), each representing a core principle. The colorful festivities celebrate the special African culture and include singing, dancing, special meals, and gift giving…Read more here.

2014New Year’s Eve is a secular holiday simply celebrating the beginning of a new year. It is often accompanied by the making of “new year’s resolutions” by individuals. The celebration begins on December 31st, during which participants dance, sing, eat and drink, and enjoy fireworks to say goodbye to the current year and celebrate the incoming one. The observance of New Year's Eve generally extends through midnight of January 1. It is a holiday celebrated throughout the world and has many different names.

All combined these holidays make for a festive and colorful month of December! Follow this link for more resources concerning the celebrations.

Enjoy your holiday!

Winter Maintenance

by The Hat Team

With a 2,000+ mile long winter storm affecting much of the country, there are plenty of home owners who wish they were better prepared.  Even when you live in warm climates, some of these things are important to check periodically.

tool housePreparing for the change of seasons can make your home more comfortable and protect your investment.  Regular maintenance extends the various components of a home and can generate savings in operating costs while avoiding expensive replacements.

  • Weather strips around doors and windows should be checked for possible air leaks.
  • Caulking around windows and doors should seal out moisture and air leaks.
  • HVAC should be inspected and serviced by a professional annually.
  • Smoke and carbon monoxide detectors should be tested regularly.
  • Ductwork and supply lines from water heaters should be insulated.
  • Fireplace chimneys should be cleaned regularly and fireplaces should be inspected for cracks in mortar and to see if the damper closes properly.
  • Gutters should be free of leaves and debris to prevent rainwater build-up.
  • Tree branches touching or hanging over your roof should be trimmed.

Please contact us if you need a service provider recommendation.

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.

Selling During The Holidays - Good Idea Or Not?

by The Hat Team

Contrary to popular belief there are actually some advantages to selling your home during the holidays. And many home owners really don’t have a choice because of a necessity to relocate. Most of us do tend to want to have our time free to enjoy all the activities that surround the year-end holidays. But, that doesn’t mean you can’t make the best of the opportunity to market your Montgomery, AL home.

houseThere are some definite advantages to consider if you either chose to sell or you find that you have no choice but to sell. Here are just a few advantages that you can find out more about here:

  • Business moves are very common in the month of January. Remember, it is a big work transfer time of the year…and that goes both ways.
  • Buyers generally have more motivation to buy if they are looking during the holidays. They probably wouldn’t be looking if they don’t really intend to buy.
  • Competition tends to be lower due to other potential sellers not wanting to market during the holidays if they have the choice. Less inventory for sale means your chances are better of getting buyers’ attention.
  • Decorating and staging your home for sale is easier if you are decorating for the holidays anyway. Staging your home for sale any other time of year can be a chore. But, decorating for the holidays can actually turn staging into fun.
  • A warm and cozy feeling of a home in the winter can contribute to a positive experience for the potential buyers touring your home.

In addition to advantages of selling during the holidays, here are just some of the 13 tips for selling in the winter offered by bankrate.com:

  • Take advantage of natural light. Encourage your Realtor to push for daylight times for showings and get your windows washed so they sparkle in the lower winter sunlight angle.
  • Give your Montgomery, AL home a nice holiday aroma. The No. 1 favorite is chocolate chip cookies. Especially if you enjoy baking, make the effort to leave cookies for the showings when you can. This is especially important for open house tours.

No matter what your motivation for selling your Montgomery, AL home, don’t shy away from marketing it during the holidays. Turn your holiday decorating into a fun staging activity for marketing your 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.

Montgomery AL Homes for Sale: 373 Mitchell Avenue, Montgomery

by The Hat Team

Montgomery Homes for Sale: 373 Mitchell Avenue, Montgomery, AL 36109

MLS #305847

Fantastic 2-bedroom townhouse in desirable Dalraida community!

Looking for something easy to maintain? Check out this fantastic townhouse in desirable Dalraida. Nice and clean with new appliances, new carpet, new blinds and new paint. And, if you have a lot of stuff there's plenty of storage space in the walk-in closets and attached carport. Really, you don't have to do a thing except bring your belongings and move right in.

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.

Thanksgiving Is Always in Season

by The Hat Team

thanksgiviingMost school children would probably say that Thanksgiving dates back to the Pilgrims at Plymouth as early as 1621. By the late 1660’s, it had become traditional to hold a harvest festival in New England.

President George Washington declared the first nation-wide thanksgiving in 1789 “as a day of public thanksgiving and prayer to be observed by acknowledging with grateful hearts the many and signal favours of Almighty God.”

One hundred fifty years ago during the Civil War, in October, 1863, President Abraham Lincoln proclaimed the first national day of Thanksgiving.

William Seward, Lincoln’s secretary of state, drafted the proclamation: “No human counsel hath devised nor hath any mortal hand worked out these great things. They are the gracious gifts of the Most High God…they should be solemnly, reverently and gratefully acknowledged as with one heart and one voice by the whole American People.”

Even though the country was in the middle of the costly Civil War, the people of America started an enduring tradition to give thanks. In 1941, Congress determined that Thanksgiving will be celebrated on the fourth Thursday in November.

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.

Montgomery AL Real Estate: 516 E. Fairview Avenue

by The Hat Team

Montgomery Homes for Sale: 
516 E Fairview Avenue, Montgomery, AL 36106

MLS #305627

Grand old house with magnificent spaces, architectural detailing and across from LeGrande Park!

What a grand old house! From the moment you and your guests walk through the front door, everyone will find that this is no ordinary home. Magnificent spaces and architectural detailing provide the perfect backdrop for your treasured possessions. More than ample parking also helps enable entertaining on any scale, whether it be intimate family gatherings or parties for a huge crowd. It needs only your vision to create the kitchen that will make those occasions a pleasurable part of the process. Situated on an incredible lot right across from LeGrande Park, means it's close to some of the best restaurants, shopping and entertainment Midtown has to offer.

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 Trends - November 2013

by The Hat Team

Chase has released its November Market Report reflecting the following trends:

1. Average home prices decreased for each property type in September.

2. Investors increased their share of purchases of damaged REO properties.

3. The housing market continued its seasonal slowdown.

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

Midtown Montgomery real estate sales statistics for October 2013 show the number of homes sold increased by 53% when compared to October 2012. The average sales price increased by 20% to $ 119,488 for the month. The median sales prices increased by 16%, and market times increased by 25 days from October 2012.  The highest selling home price increased by 32%, and the lowest selling home price decreased by 74% from October 2012.

Midtown Montgomery October  2013 October 2012
Homes Sold 38 18
Average Selling Price $ 119,488 $ 95,103
Median Selling Price $ 108,300 $ 90,500
Days On The Market 148 123
Highest Selling Price $ 365,000 $ 250,000
Lowest Selling Price $ 5,300 $ 20,700

 

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.

Appealing To Today's Buyer When Selling Your Montgomery AL Home

by The Hat Team

Are you looking for ways to make your older Montgomery AL home edge out the competition?  Want to wow the modern buyer with clever, but practical, innovations which will set your property apart from all the rest?

At the recent International Builders’ Show in Las Vegas, exciting new products and technology for the home were featured, some of which would certainly appeal to a wide variety of buyers and most likely hasten the sale of your Montgomery AL home.

  • ideaWant hot water for your morning tea in only 10 seconds?  Check out GE”s new Café French-door refrigerator. Price? About $3200. 
     
  • The Solar Powered "Fresh Air" Skylight features a solar panel that captures any available daylight and uses it to recharge a highly efficient, fully concealed, battery powered operator and control system that opens and closes the skylight, especially when it senses rain.  Eligible for a 30% federal tax credit.
     
  • Need a double oven in the kitchen of your Montgomery AL home?  Frigidaire’s Gallery Double Oven Range gives you two in the size of one and even includes a convention-bake setting.  Sells for about $1700.
     
  • The use of glass for stairs and flooring has become fashionable in today’s contemporary architecture and is ideal for both commercial and residential construction.  Dependable Glass Works produces and installs custom-made glass stairs and flooring.
     
  • For a high-tech twist on singing in the shower, Kohler Co.’s Moxie shower head and wireless speaker system plays up to seven hours and has wireless range of 32 feet. Magnets secure the speaker to the shower head, making it easy to pop out when it’s time to recharge the lithium ion battery.   Plus, you can take your music with you anywhere. The Moxie speaker plays wirelessly in or out of the shower, so you can charge it up to use in the kitchen or take to the beach.
     
  • Kohler also offers kitchen sinks in fabulous new colors that are guaranteed to appeal to buyers. Visit Kohler.com to catch a glimpse of  Piccadilly Yellow, Greenwich Green, Palermo Blue, and Annapolis Navy.
     
  • Ever wished for a little more light on the subject? Under-cabinet task lighting can be moved around with Halo’s track system and magnetic LED pucks from Cooper Lighting.
     
  • Responding to consumer demand for better-organized homes and storage, ClosetMaid moved out of the bedroom closet. On display were systems for specialized craft rooms, the laundry room, and the garage.

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.

Who's Paying Your Mortgage?

by The Hat Team

question markAs a homeowner, you obviously pay for your mortgage but as an investor, your tenant does.  Equity build-up is a significant benefit of mortgaged rental property.  As the investor collects rent and pays expenses, the principal amount of the loan is reduced which increases the equity in the property.  Over time, the tenant pays for the property to the benefit of the investor.

Equity build-up occurs with normal amortization as the loan is paid down.  It can be accelerated by making additional contributions to the principal each month along with the normal payment.  Some investors consider this a good use of the cash flows because interest rates on savings accounts and certificates of deposits are much lower than their mortgage rate.

In the example below, is a hypothetical rental with a purchase price of $125,000 with 80% loan-to-value mortgage at 4.5% for 30 years compared to a 3.5% for 15 years.  The acquisition costs were estimated at $3,000, the monthly rent is estimated at $1,250 and $4,800 for operating expenses. 

11-11-2013 7-42-16 AM.png

Notice that both properties have a positive cash flow before tax.  The cash on cash return is the revenue less expenses including debt service divided by the initial investment to acquire the property.  The 15 year mortgage will obviously have a smaller cash flow and lower cash on cash but the equity build-up is significantly higher.

If the goal of the investor is to pay off the property to provide the highest possible cash flow at a later date, a shorter term mortgage with a lower interest rate will help them achieve that.  A simple definition of an investment is to put away today so you’ll have more tomorrow.  Sacrificing cash flow now, during an investor’s earning years, is a reasonable expectation to provide more cash flow in the future when it might be needed more.

Contact me if you’d like to explore rental property opportunities.

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.

Montgomery AL Real Estate: 3424 Woodhill Road

by The Hat Team

Montgomery AL Real Estate:

3424 Woodhill Road, Montgomery AL 36109
MLS# 305281

Incredibly Maintained One-Owner Home!

3424 woodhill rd
Incredibly maintained home by the same owner for the past 30 years! Take advantage of recently new HVAC, water heater, dishwasher and more! This home has been loved, it shows, and owner is sacrificing as it is time to downsize! Cozy and large great room features beamed ceilings and fireplace! Nice updated eat-in kitchen will please most cooks. Fruit bearing pear and fig trees, as well as, blueberry bushes. Fully fenced yard, two storage areas, one with dog door, and a double carport add to the quality you will find in this home. Almost forgot, zoned for Dalraida Elementary. Hurry to see before it’s gone!

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.

Displaying blog entries 1161-1170 of 1998

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