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Montgomery Real Estate Blog

The Hat Team

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Displaying blog entries 1261-1270 of 1998

Montgomery AL Home For Sale: 363 Ryan St

by The Hat Team

Montgomery AL Home For Sale:

363 Ryan St, Montgomery AL 36107
MLS# 297862

Move-In Ready!

363 Ryan St Montgomery AL

Like new low maintenance patio home is fresh and ready to move into! Convenient to I-85, shopping, and dining...this open floor plan home makes a perfect first home or downsize home, and works beautifully for a room-mate situation. New carpet, fresh paint, plus refrigerator, washer, and dryer. All for less than you would pay in monthly rent for the same quality space!

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 Foreclosure Trends - August 2013

by The Hat Team

In August, the number of properties that received a foreclosure filing in Montgomery, AL was 3% higher than the previous month and 36% higher than the same time last year, according to RealtyTrac.com.

Montgomery AL Foreclosure Status

The current distribution of foreclosures based on the number of active foreclosure homes in Montgomery, AL.
 

montgomery al foreclosure

Montgomery AL Foreclosure Activity by Month

The number of Auctions increased 32.6% compared to the previous month and increased 10.9% compared to the previous year. The number of Bank-Owned properties decreased 24.0% compared to the previous month and increased 111.1% compared to the previous year.

montgomery al foreclosure

Montgomery AL Foreclosure Geographical Comparison

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

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.

Midtown Montgomery Real Estate Market Trends - September 2013

by The Hat Team

The American Dream of homeownership is alive and well, according to a majority of renters surveyed for the NAR 2013 National Housing Pulse Survey. The survey found that more renters are thinking about becoming homeowners than in past years and the number of Americans who prefer to rent is declining. Thirty-six percent of renters said they were thinking about purchasing a home, compared to only 25 percent in 2011. 

Americans’ concerns about home values continuing to drop have also diminished. A majority of respondents revealed that housing prices in their area are higher than last year, and 38 percent reported an increase in local housing market activity in the past year.

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

Midtown Montgomery real estate sales statistics for August 2013 show the number of homes sold increased by 19% when compared to August 2012. The average sales price increased by 38% to $133,319 for the month. The median sales prices increased by 9%, and market times increased by 20 days from August 2012.  The highest selling home price increased by 67%, and the lowest selling home price increased by 2% from August 2012.

Midtown Montgomery August  2013 August 2012
Homes Sold 31 26
Average Selling Price $133,319 $96,731
Median Selling Price $84,000 $76,500
Days On The Market 128 108
Highest Selling Price $590,000 $352,000
Lowest Selling Price $9,640 $8,000

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.

Information is provided by the Montgomery Area Association of Realtors and is deemed accurate but not guaranteed.

Montgomery AL Homes For Sale:

3340 Montezuma Road, Montgomery AL, 36106
MLS #304489

Large Spacious Brick Cottage w/ First Floor Master Suite!
 

Live large in great space in this classic story and a half 1920's Cloverdale cottage! Large formal living with fireplace! Dining room looks out on great attached enclosed front porch. The kitchen is up to date with built in china cabinet, center island and tons of cabinets. Nice old house gleaming oak floors, moldings and wainscoting complement downstairs area. Downstairs main bedroom will satisfy most buyers with large sitting area and plenty of room for king bed. Built in desk, bookcases and huge walk in closet complete this suite. Upstairs has two bedrooms, bath and a large den. Wonderful back deck with built in grill for cookouts! Fully fenced yard for kids and pets! Smooth Move pre-inspection on hand for buyers review. View this great spacious home today with us or your favorite agent.

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: 3124 Woodley Terrace

by The Hat Team

Montgomery AL Real Estate:

3124 Woodley Terrace, Montgomery AL 36106
MLS #299025

Land In Hip Cloverdale Area!

Click on Photo to Enlarge

Nice lot...one of a scant few still available in the highly desirable Cloverdale area. Surrounded by storybook-looking tudor cottages, this might be your opportunity to have a NEW house in cool, hip area of much older and historic homes.

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.

Equity Dynamics

by The Hat Team

Equity is the difference in what your home is worth and what you owe. Ideally, as the value goes up and the unpaid balance goes down with each amortized payment made, the equity grows from two directions.

equity dynamicsThis dynamic leads to increasing a person’s net worth much faster than many other investments.

A homeowner has minimal control over value. It is necessary to maintain the property to avoid depreciation and make good decisions on capital improvements. After that, appreciation is generally controlled by supply and demand and the economy.

Mortgage management is something that the homeowner does have control. Making the decision to select a shorter term mortgage at a lower interest rate can have an impact on equity build-up. Lower interest rates amortize faster than higher interest rates which will also affect equity growth. Currently, it is possible to get a 1% lower rate on a 15 year mortgage than a 30 year mortgage.

Compare two alternatives of a 30-year and a 15-year mortgage. The payments will definitely be higher on the shorter term because it pays off quicker. However, if a person can afford the higher payments of $362.53 more per month in this example, the equity will be greater. Even after you take into consideration the higher payments, the increased equity is $17,236 at the end of the seven year holding period.

Equity dynamics.png

Another decision that can affect equity build-up is making additional principal contributions along with the regular payments. Whether you’re making an occasional lump sum payment toward principal or regular monthly contributions, it will save interest, build equity and shorten the term on a fixed rate mortgage. Estimate your personal savings with this Equity Accelerator.

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: 3505 Blair Place

by The Hat Team

Montgomery AL Real Estate:

3505 Blair Place, Montgomery AL 36109
MLS# 304343

Good Investment Potential!

3505 Blair Place

This spacious duplex has been owner occupied for over 50 years! While left side is basically in original condition (and currently used by owner as storage) the right hand unit has had upgrades to bath, electrical, and HVAC. Large corner lot has many shade trees, and plenty of parking (two separate two-car carports.) Good investment potential, great location!

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 Home For Sale: 1222 S McDonough St

by The Hat Team

Montgomery AL Home For Sale:

1222 S McDonough St, Montgomery AL 36104
MLS# 304330

Garden District Gem with Charm!

1222 S McDonough St
Pristine and waiting for you to say "I'm HOME! This Garden District gem will charm you with its gleaming hardwood floors, antique glass French doors, and space-saving built-ins. Kitchen is updated with glass-front cabinets and tile counter-tops. Third bedroom has had French doors added which lead to a sunny Florida room addition, and the rear deck overlooks a large fenced back yard. Don't miss the "nicest" basement in Montgomery, perfect for a man-cave, kids play area, or large media/rec. room. Wonderful neighborhood, great neighbors, and close to churches, shopping, dining, and minutes from Downtown!

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: 2757 Fairmont Road

by The Hat Team

Montgomery Homes for Sale

2757 Fairmont Road, Montgomery, AL 36111
MLS# 304287

This Gem is Sure to Please!

With over 2,200 square feet and spacious living areas, this gem is sure to please! Versatile spaces allow creative use of rooms (current living room is used as family-sized dining room.) Oversized den/family room has wall of built-ins for books and collectibles, as well as a fireplace and picture window overlooking private courtyard. Eat-in kitchen has rich solid wood paneling and pine cabinets. HUGE master bedroom has fireplace and seating area, and opens to a private screened porch. Out back the covered patio is truly an extension of inside living space and overlooks park-like back yard.

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.

Real Estate Projects That Pay Off

by The Hat Team

As the spring “spruce up” season approaches, the fancy of Montgomery AL real estate owners often turns to home improvement projects.  Whether these be large or small, interior or exterior, for resale purposes or for personal houseenjoyment, do-it-yourself or contracted out, nearly 30 % of renovators maintain that they are hoping to increase the value of their home and recoup as much of the cost as they can.

Taking precedence would be the non-glamorous “basic updates” to maintain a healthy, solid, safe home To that end, deal with repainting, fixing the leaky roof, and replacing rotting wood, wiring, and/or plumbing as needed are ongoing needs.

And then?

  • One of the top remodeling projects is as simple as replacing the siding on the outside of your home, thus increasing both protection and curb appeal to your Montgomery AL real estate.  Choose either fiber-cement to recoup 78% of the cost or vinyl for a payback of 69.5 %.
     
  • Updating your windows comes next. Whether you select vinyl or wood windows to replace drafty old ones, you can recoup up to 69.1 percent of the project's cost on your home's resale value.  New windows do much for the look of a home inside and out and certainly contribute to energy-efficiency.
     
  • Since kitchens have become increasing important facets of Montgomery AL real estate, remodeling updates in this room pay off and are well-worth considering.   According to HGTV, you can expect to recoup 60%-120% of your investment on a kitchen remodel, as long as you don’t go overboard. You should never make your kitchen fancier than the rest of the house--or the neighborhood, for that matter.
     
  • And don’t forget energy-efficiency in the kitchen improvement plans. . By using energy-efficient appliances, households can save up to $400 per year on utility bills.  Click here for a few simple steps to follow when shopping for energy-efficient appliances.
     
  • The National Association of Home Builders states that adding a bathroom to a single-family detached home has a strong impact on the home's overall value.  An additional bathroom, even a half bathroom, adds significant value to your home, according to the experts at NAHB.  A half bath may add up to 10.5 percent to a home’s value, while a full bath can tack on an additional 20 percent.

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 1261-1270 of 1998

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