Real Estate Information Archive

There are many steps to take when purchasing a home, but one of the first and most important is finding the right mortgage loan. Knowing the right questions to ask a mortgage banker is key to your success in acquiring a loan that works for you. It’s vital that you are educated about everything related to your home purchase.

Here are the questions you should ask your mortgage banker to be sure that you are prepared for the lending process:

• What is my credit score?

When you apply for a mortgage loan, your lender will look at your credit history including your credit score, your debt-to-income ratio (DTI), and your liquid cash and assets. Having a high credit score will help you in the securing a loan. It is calculated by taking your payment history, outstanding balances, length of credit history, number of credit inquiries, and types of credit history all into account. Your lender will use your credit score to help determine the risk of granting you a loan.

• What is the best type of loan for me?

Once your mortgage banker has all the personal financial information you provide, he or she will let you know the loan programs you qualify for. Every loan program has a minimum qualifying credit score and DTI ratio. A good mortgage banker will patiently walk you through each type of loan so you can determine which one you are most comfortable with.

• How much should my down payment be?

Many people believe that you must put 20% down when purchasing a home. That is not always true! You have options. A conventional loan generally requires at least 3% down. But if you want to avoid Private Mortgage Insurance (PMI), 20% is required. There are also some government-backed loans that range from 0-3.5% down. Your lender will go over these options with you thoroughly.

• What are closing costs?

When you close on your home, your closing costs may include property taxes, homeowner’s insurance, title search fees, and appraisal fees. There might be other costs as well. Basically, all fees for services completed involved in the loan process need to pay and are taken care of with closing costs. These items will be itemized, and your mortgage banker can answer any questions you have about them.

• When will I close on my home?

The time it takes to close on a house after getting your mortgage loan application approved usually runs anywhere from 30-50 days. As long as there are no last-minute problems, the closing itself (signing the papers) may take about an hour.

Buying a home can be an overwhelming experience, especially for first-time homebuyers, but finding the right mortgage lender and asking the right questions will make the process less stressful for you!

If you are in the market to buy or sell a home (or both), let Sandra Nickel and her Hat Team of Professionals assist you with all your real estate needs! Call them today at 334-834-1500 and check out https://www.homesforsaleinmontgomeryalabama.com for more information!

3394 Cloverdale Road, Montgomery, AL 36106

MLS# 559082

4 Bedrooms | 2 Baths | 1 Half Baths | 3,154 Square Feet | Cloverdale/Idlewild

Welcome to 3394 Cloverdale Road, a classic Cloverdale charmer! This home has been meticulously cared for by the seller for over 60 years. The home is situated on a corner lot and features spacious formal and casual living areas, 4 bedrooms and 2.5 bathrooms. There are 2 bedrooms downstairs and 2 bedrooms upstairs. The family room has tall ceilings with wood beams and is open to the kitchen and large eating area. The formal dining room is crowned with an antique chandelier and the living room's antique mantle is flanked by built-in cabinets. The 200-year-old reclaimed staircase adds additional character to this vintage Cloverdale home! The backyard has an irrigation system and lots of space for entertaining. Don't miss your opportunity to see this rare find!

Marketed by Montgomery AL Realtor, Lauren Keen, Sandra Nickel Hat Team!

Summer is here and with the heat and humidity, chances are you have been spending a lot of time at home trying to stay cool and dry. If you are feeling a bit stir-crazy and you want to get out, there are plenty of fun events and activities going on in Montgomery for you and your family to enjoy!

Here is a list of events and things to do in Montgomery for the rest of the summer:

Jazz Jams

2nd and 4th Thursdays, 5 to 7 PM | June, July, and August 2024
In partnership with the City of Montgomery, Alabama, Jazz Jams is back! This free event celebrates Montgomery, Alabama’s vibrant creative culture, featuring a live band, cash bar, and delicious hors d’oeuvres from Verde. This free, 21+ event features music from local jazz musicians; Music line up coming soon.

This event is rain or shine; in the case of inclement weather, activities will be moved indoors.

Montgomery Museum of Fine Arts
One Museum Drive Montgomery, AL 36117

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Move MGM Color Run/Walk

 

June 29, 2024 – 8:00 am

Join Montgomery's First Lady Tamika Reed and Move Montgomery for the Move MGM "Paint the Park" Color Run/Walk on Saturday, June 29th at Oak Park, 1010 Forest Avenue. Participants can enjoy a fun and healthy exercise at their own pace while running or walking the shady loop around Oak Park and being doused with vibrant colors!

Registration is FREE, and the first 400 registrants will receive a t-shirt. Please consider donating to the Heart of Alabama Food Bank to help fight food insecurity. Come out and join us for a colorful and exciting day!

REGISTER HERE!

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Thrifty Tuesdays at The Montgomery Zoo

Discounted Admissions  EVERY TUESDAY

June 4 to July 30, 12:00 pm to 4:00 pm

Montgomery Zoo and Mann Wildlife Museum
2301 Coliseum Parkway
Montgomery, AL 36110

334-625-4905

The Montgomery Zoo is proud to announce our summer discounted admissions promotion, THRIFTY TUESDAYS. Receive 50% OFF admissions every Tuesday afternoon, beginning June 4 - July 30. Tickets must be purchased in person, 12pm (noon) - 4pm (Tuesdays only) in order to receive the discounted admission. This discount cannot be combined with any other discount, coupon, and/or offer.
 
Thrifty Tuesdays admission includes:
     -- Admission to the Zoo
     -- Admission to the Mann Wildlife Learning Museum 
     -- Entry to Parakeet Cove
     -- Entry to Waters of the World
     -- Entry to our Reptile Facility
     -- Admission to a special zookeeper talk at 1:30pm daily

Additional adventures and attractions
     -- Train ride: $3 per person
     -- Giraffe Encounter: $3 per person 
     -- Sky Lift Ride: $5 per person
     -- Parakeet feed sticks: $2 per stick

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Independence Day Celebration - Prattville

July 4, 2024 – 8:00 am to 9:00 pm

Historic Downtown Prattville
101 West Main Street
Prattville, Alabama

Kick off July 4, with the Parade at 9 am. Next, head over to Pratt Park where the Lions Club will have barbeque, arts and crafts, and live music until 2:00 p.m. Stop by to cheer on the participants in the Cardboard Boat Races. Beginning at 10:30 a.m., teams will create their competition boats out of cardboard and duct tape. Prizes include Longest floating boat, the Titanic award for most dramatic sink, most creative and more. The Pratt Pool and Splash Pad also will be open for more family fun.

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July 4^th Cruise

Harriott II Riverboat
255 Commerce Street
Montgomery, AL
334-625-2100

Calling all patriots! Independence Day is coming soon! You’re invited to celebrate on the Harriott II Riverboat. It's a surefire way to have a blast on the 4th of July. Enjoy the best seat in the house to watch the fireworks light up the sky over the Alabama River. We’ll have a cash bar, concessions from the Wheelhouse Grill, and live entertainment on all three decks. All tickets are general admission, so get your tickets today!

PURCHASE TICKETS HERE!

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Joseph and the Amazing Technicolor Dreamcoat

July 11, 2024 – August 11, 2024

Click HERE for dates & times and to purchase tickets!

Presented by the Alabama Shakespeare Festival
1 Festival Drive
Montgomery, AL 36117

One of the most enduring shows of all time, Joseph and the Amazing Technicolor Dreamcoat is a humorous retelling of the Biblical story of Joseph, his 11 brothers, his father Jacob, and the coat of many colors. Follow Joseph’s journey from bondage to becoming Pharaoh’s right-hand man to his ultimate reunion with his family. This delightful and merry musical — embracing country-western, calypso, and Elvis-style rock — will have you singing in your seat and long after you leave the theatre! 

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Seventh Annual Hog Days of Summer

Union Station Train Shed
300 Water Street
Montgomery, AL 36104

Saturday, August 24, 2024 – 2:00 pm to 10:00 pm

The Druids Charity Club is pleased to announce their 7th annual BBQ and Americana Music festival. ‘The Hog Days of Summer’ is a charity event benefitting Hogs for the Cause and other carefully selected local charities.

Event Details

Music: Our best lineup yet will be rocking the shed; spanning blues, rock, soul, country, roots, and other Americana influences.

Drive-By Truckers
George Porter Jr. & Runnin' Pardners
Cris Jacobs
Ms. Aretta Woodruff

BBQ: Once again, our patrons can look forward to enjoying BBQ from the River Region's finest BBQ establishments. More information to come soon.

Schedule: Doors: 2:00. BBQ: upon entry. Music: 2:00 PM-10:00 PM

Tickets: General Admission: $20

Active Military/Police/Fire/EMS/Student GA Ticket**: $10

VIP Ticket: $250. Very limited supply.

• Private Discounted Cash bar,
• Private bathrooms
• Private Seating
• Side of stage views
• Food options available

Purchase tickets HERE
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If you are in the market to buy or sell a home (or both), let me, Sandra Nickel, and my Hat Team of Professionals assist you with all your real estate needs! Call us today at 334-834-1500 and check out https://www.homesforsaleinmontgomeryalabama.com for more information!

Photo Credits: montgomeryal.gov, movemgm2023.com, montgomeryzoo.com, columbusafbliving.com, allevents.in, experiencemontgomeryal.org, eventbrite.com

When preparing to put your home on the market, there are a lot of things you need to think about:

• deciding if you should make home repairs and improvements
• staging your home to impress potential buyers
• keeping your lawn and house in prime condition for viewings
• prepping to move

But one of the most important decisions you must make is how much you should ask for your house. Determining the asking price for your home cannot be taken lightly. There needs to be some psychology and strategy used to decide the price that will sell your home in a timely manner and for the most profit. You and your Realtor should identify and agree upon the approximate value of your property. You can use comparable sales of similar properties sold in your neighborhood to help you make this decision.

Next, you need to understand the price range for your list price. Depending on market conditions, competing properties, time of year or inventory, the price range can fluctuate.  For example, a house with the asking price of $500 K can have a price range of $480 K to $520 K. Once you have determined your home’s value and have a price range in mind, it’s time to conclude what your asking price will be. This is where the following pricing strategies come into play:

1. Appeal to multiple buyers - It may be tempting to ask for the highest price you think you can possibly get for your home. But if you price your property on the lower end of the value range, you will likely appeal to more than one buyer, and you might even have a bidding war amongst buyers who want your home. Chances are you will get more than your asking price if this happens.
    
2. Utilize psychology when choosing your asking price - Be careful of too many zeros.  For example, it is easier for a buyer to process $250 thousand than it is $250,000 - and $250,000.00 is even worse on the eyes. Buyers feel like they are being asked to pay more when there are more zeroes included in the price. It doesn’t change the actual price, but the perception of the price changes.
    
3. Make sure it’s visible in real estate searches - If buyers are looking for three-bedroom homes under $400 K and you have your property priced at $405 K, an automated buyer search for properties under $400 K will exclude your home, meaning you will miss out on a lot of potential buyers. Experienced Realtors  will set up search parameters for buyers that include properties listed a little bit more above their price ceiling. Keeping in mind that home prices are flexible, buyers could find the perfect match on a home above their limit, but with the possibility that it is in within a reasonable range of price or that it will be reduced.
    
4. Have a price contingency plan before listing your home - You may have very high expectations regarding the worth and appeal of your home. If you insist on asking top dollar for it, you may get lucky (depending on the current market) and get it, or you may not get any full price offers at all. In that case, it’s important to have a contingency plan lined up before you list your home. That way, if you must lower your asking price, you will already be prepared for it and it won’t catch you off guard.
    
5. Be flexible - Setting an initial asking price is just the beginning of your home selling process.  A lot of different factors may come into play when selling your house, and you won’t be able to anticipate all of them. Being flexible will allow you to react quickly to changing market conditions or new information and you will be more likely to get the best price for your home.

If you are in the market to buy or sell a home (or both), let me, Sandra Nickel, and my Hat Team of Professionals assist you with all your real estate needs! Call us today at 334-834-1500 and check out https://www.homesforsaleinmontgomeryalabama.com for more information!

Are you moving this summer? With rents sky high and continuing to rise with no end in sight, you are likely going to want to purchase a home as quickly as possible. While buying a house is something you should not take lightly, there are ways to speed up the process while still making sound and smart decisions. Does that sound too good to be true?  Well, no promises, but there are steps you can take to buy a home fast.

Whether you are buying a house for the first time, or you have navigated the home buying process before, chances are you know that it can be lengthy and complicated.  But there are certain strategies you can use that will speed things up.

Here are some tips to help you get started:

• CHOOSE THE RIGHT TYPE OF HOUSE

There are certain types of homes you will want to avoid if you’re in a hurry. You should also avoid bank-owned homes or foreclosures, which generally take much longer to close. The fastest way to go is to focus on condos or new developments. Closings for condos and new developments can take as few as three to four weeks to happen.

• GET PRE-APPROVED FOR A MORTGAGE

This is a strategic move that will give you a head start so that when you do find a house you want to purchase; you will already be approved for a mortgage loan and can make an offer right away. This will also help you to stay within your budget when looking at homes because you won’t want to waste time looking at properties that cost more than what you are pre-approved for.

• HAVE YOUR DOCUMENTS IN ORDER AND READY TO GO

Get all the paperwork that you will need organized so that it is ready and waiting when you find the right home. Generally, a home buyer will need the following: federal tax returns for the past two years, supporting information such as W-2, 1099, or other tax forms for the past two years, two months’ worth of bank statements for your checking, savings, 401K, retirement and other accounts, and pay stubs from the past month.

• FIND THE RIGHT REALTOR TO GUIDE YOU THROUGH THE PROCESS 

You will want an experienced, professional Realtor like Sandra Nickel who knows the area well and can use their expertise to get you into a home quickly.

• OFFER TO SHORTEN CONTINGENCY GUIDELINES

Don’t risk waiving home inspection or financing contingencies but consider a shorter time frame to effect a faster closing.

• BE PREPARED FOR YOUR MOVE

Don’t wait until you have closed on your new home to start packing and preparing for your move. Start early so that as soon as you close, you are ready to go!

If you are in the market to buy or sell a home (or both), let me, Sandra Nickel, and my Hat Team of Professionals assist you with all your real estate needs! Call us today at 334-834-1500 and check out https://www.homesforsaleinmontgomeryalabama.com for more information!

625 Martha Street, Montgomery, AL 36104

MLS# 558410

3 Bedrooms | 1 Bath | 1 Half Bath | 1,768 Square Feet | Cottage Hill

Investors!! House Flippers!! Cottage Hill Lovers!! Whether you're 1, 2 or all 3 of these, here is an excellent opportunity for you!! This diamond in the rough needs work but has an endless amount of possibilities! It's very spacious with 3 bedrooms plus a bonus room, 1 and a half baths and 3 fireplaces. Located in the beautiful and historic Cottage Hill neighborhood, you will be within walking distance to Hilltop Public House and downtown Montgomery. With work, this house could be a great family home or investment property! There is plenty of space to work with so check it out today and let this be the palette of your next project!!

Marketed by Montgomery AL Realtor, Ali Bertschy, Sandra Nickel Hat Team!

It’s hurricane season folks, and while Montgomery is in a very low risk hurricane zone, it doesn’t hurt to be prepared should a major weather event occur. This year the NOAA predicts an 85% chance of an above normal season. Gathering your hurricane supplies ahead of time will save you from having to fight the crowds at stores right before a storm hits. And some of these items will be useful on average stormy summer nights as well.

Your HURRICANE KIT should contain the following:

• Flashlights & extra bulbs
• Battery-operated radio
• Battery-operated lanterns
• Batteries (in different sizes)
• Matches
• First Aid kit
• Duct Tape
• Rain gear
• Clock (wind-up or battery-powered)
• Plastic garbage bags
• Fire extinguisher
• Scissors
• Can opener
• Clean clothes
• Extra blankets
• Heavy gloves

Have non-perishable food for each person for 3-7 days in two coolers (one for food and one for drinks) with the following:

• Bottled water (1 gallon/person/day)
• Canned foods
• Bottled juice
• Dry pet food (make sure to include water for your pets)

House Checklist:

• Remove outdoor items
• Trim dead branches from trees
• Board up windows
• Fill gas tanks and extra containers
• Have extra cash on hand
• Move furniture away from windows
• Store important documents in waterproof containers
• Have extra supply of medicines on hand

Medical Needs:

• Medical-alert tags
• Insect-repellent sprays
• Feminine hygiene items
• Sunscreen
• Soap
• First Aid kit
• Prescription medicine
• Over-the-counter medication
• Bandages
• Adhesive tape
• Antiseptic solution
• Thermometer
• Tweezers

Prepare your pets:

• Water for pets for 3-7 days
• Non-perishable pet food
• Crate/carrier/tank
• Leash
• Collar or harness
• Favorite toy
• Blanket or pillow
• Clean litter box
• Updated shots and medical records
• Microchip and contact information
• Any medications
• Calming aids
• Tags
• Puppy training pads
• Heartworm preventatives
• Rain gear

Be prepared to evacuate, if necessary, by knowing where your local evacuation routes are and making sure your vehicle gas tanks are full.

Hopefully you will never have to use your Hurricane Kit, but being prepared for severe weather will give you peace of mind knowing that you are ready should such an event occur.

If you are in the market to buy or sell a home (or both), let me Sandra Nickel, and my Hat Team of Professionals assist you with all your real estate needs! Call us today at 334-834-1500 and check out https://www.homesforsaleinmontgomeryalabama.com for more information.

Owning a home is likely the largest financial investment many will make, so whether you are buying or selling a home, it is important to think about resale value. With a little research, you will find that there are some things that will get you a great return on investment and there are others that will not.

When selling your home, you may want to make some improvements that will make it more appealing to buyers, ensuring a more profitable sale. But it is when you are searching for a home to buy that you can consider options that will give you desirable resale value in the future.

Here are 5 surprising things that will raise your home’s value:

1. LOTS OF TREES

While a brand-new house in a recently established community has its perks, what it often lacks is a proximity to mature trees. Large, well-rooted trees found in older neighborhoods, not only make for a lovely landscape, but they also provide shade. They add beauty and they save energy, while also increasing your home value.

2. GOOD SCHOOL SYSTEM

It may not seem so unexpected that a home in a good school district would have increased value. But sometimes people who do not have children do not think about this. Even you if you never intend to have children, you should keep in mind that many buyers will be highly motivated to purchase a home based on the quality of the area’s school system. For the purpose of resale value, it would be smart to invest in a home in an area with desirable schools.

3. SHOPPING NEARBY

People like convenience, so if a house is in close proximity to a shopping area with a supermarket, it will likely increase its value. This is especially true if it is close to higher-end stores like Trader Joe’s or Whole Foods. Per Zillow, homes near these grocery stores may appreciate up to 40% more quickly than other homes.

4. OUTDOOR RECREATION AREAS

Living close to a park, walking trails, or other recreation areas can increase your home’s value. Things like dog parks, tennis courts, golf courses, and playgrounds are appealing to people who enjoy staying active. They will be willing to spend a little more to live close to areas where they can enjoy outdoor activities.

5. SEPARATE LIVING SPACE

Whether you have a mother-in-law suite, an apartment, or a carriage house, having a separate living space will add to the value of your home. Unlike the other items listed here, this is something you can add to a home after moving in. But while looking for a home, you may want to keep an eye out for one that already has one. Not only will it boost resale value, but it will give you the opportunity to earn rental income (depending upon the laws in your area) while living in the house.

When buying a home, it is important to find a place that feels right for you, but unless you plan to stay there forever, it will benefit you to think about resale value as well!

If you are in the market to buy or sell a home (or both), let me, Sandra Nickel, and my Hat Team of Professionals assist you with all your real estate needs! Call us today at 334-834-1500 and check out https://www.homesforsaleinmontgomeryalabama.com for more information!

404 E Fairview Avenue, Montgomery, AL 36105

MLS# 557083

3 Bedrooms | 2 Baths | 1 Half Bath | 2,256 Square Feet | South Hull District

Here's the prettiest fixer upper you'll find! The exterior could use a little TLC but you will fall in love with the interior! Situated on a huge corner lot, this charming home offers an updated kitchen with breakfast bar, large light filled living room and dining room and two sunrooms! The downstairs sunroom is right off the living room and perfect for a den or home office, the upstairs sunroom is off the master and great for a dressing room/closet. Nice big fenced-in yard with patio and one car garage. Check it out today!

Marketed by Montgomery AL Realtor, Lauren Keen, Sandra Nickel Hat Team!

Summer is almost here and for many families, that means it is cookout time!  One of the best things about cooking out on the grill is that there are fewer pots and pans to wash than with stovetop cooking. While you don’t have to scrub down your gas grill to shiny perfection after each use, it is important to give it a deep clean every now and then to make sure it runs safely and efficiently. Here’s how!

1. Gather your cleaning supplies - You may want to use gloves and you will need a nylon grill brush, aramid fiber-wrapped brush or stainless-steel coil brush – all of which are good alternatives to wire grill brushes. You will also need old cleaning rags or paper towels, a bristle brush or putty knife, and soap and water.
    
2. Turn off the gas supply – THIS IS VERY IMPORTANT! Make sure the gas supply is turned off or play it extra safe and remove the gas tank from the grill while cleaning it.
    
3. Remove the grill grates - Pull them out so you can give them a thorough cleaning. Scrub them with a grill brush or other coarse brush.
    
4. Clean anything covering the burners - Remove any V-shaped metal heat tents, ceramic briquettes, or lava stones that cover the burners and brush them clean. You will want all the gas grill parts to be spic and span.
    
5. Clean the burner tubes - Lightly brush the burner tubes and make sure all the gas ports are clean and open.
    
6. Clean the bottom of the grill and the lid - Brush or wipe any debris out of the bottom of the grill. If there is peeling black stuff (usually carbon flakes and grease) on the grill lid or bottom, use a bristle brush or putty knife to scrape it off.
    
7. Clean the grease collection tray - Use soap and water to clean the grease collection tray and replace any disposable pans as needed.  Make sure to dispose of grease properly - pour it into an empty can or bottle, wait for it to harden, then throw the whole thing away.
    
8. Wipe down the outside of the grill - With a rag or paper towel, wipe down the outside of the grill and any side trays using soap and water.
    
9. Put the grill back together - Now you’re ready for a cookout!!

Here is a delicious grill recipe for you to enjoy this summer:

Surf ‘n Turf Foil Packs

4 Servings, Prep time: 10 minutes, Total time: 25 minutes

Ingredients:

• ½ lb. sirloin steak, cut into 1” cubes
• ½ lb. shrimp, cleaned and deveined
• 2 ears corn, each cut crosswise into 4 pieces
• 1 cup grape tomatoes
• 1 small red onion, cut into thick slices
• 1 lime, sliced into wedges
• 2 cloves garlic, thinly sliced
• 1 tbsp. Old Bay Seasoning
• 1tbsp. fresh thyme leaves
• 1 tsp. ground cumin
• Freshly ground black pepper
• 1 tbsp. freshly chopped parsley, for garnish
• Lime wedges for garnish

Directions:

1. Heat grill to high. Cut 4 sheets of foil about 12 inches long.
2. Divide steak, shrimp, corn, tomatoes, onion, lime, and garlic between each foil pack. Drizzle with oil and sprinkle with Old Bay, fresh thyme, cumin, and black pepper.
3. Fold each foil pack crosswise over to completely cover the food mixture. Roll top and bottom edges to seal.
4. Place foil packs on the grill and cook until shrimp is cooked through and steak is finished to your desired doneness, 6 to 8 minutes per side.
5. Garnish with parsley and serve with lime wedges.

Recipe from delish.com

If you are in the market to buy or sell a home (or both), let me Sandra Nickel, and my Hat Team of Professionals assist you with all your real estate needs! Call us today at 334-834-1500 and check out https://www.homesforsaleinmontgomeryalabama.com for more information.