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Displaying blog entries 1711-1720 of 1998

Montgomery Real Estate For Sale: 1879 Ridge Avenue

by The Hat Team

Montgomery Real Estate For Sale:

1879 Ridge Avenue, Montgomery, AL 36104 
MLS# 267886

 Bet you never thought you’d find it through the door to an Old Cloverdale bungalow!As soon as the door swings wide, you’ll find yourself immersed in Southwest décor! Deep, rich colors and warm wood tones surround you throughout. True to the Old West theme, the kitchen sports rustic cabinets built from reclaimed barn siding and real butcher block countertops, too.  But never fear, the master suite will suit even the most thoroughly Modern Millie with its huge proportions and two walk-in closets. Don’t let this one get away from you –call today!  

Learn more about 1879 Ridge Avenue and other Montgomery real estate by visiting HatTeam.com. 

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Montgomery Real Estate For Sale: 1438 Gilmer Avenue

by The Hat Team

Montgomery Real Estate For Sale: 1438 Gilmer Avenue MLS# 267872

 

This cottage offers a private get-a-way right in the heart of the Garden District. Spacious living areas and a wonderful gourmet kitchen make entertaining a breeze. Master bedroom is big enough to have a pool table, in fact it does have one! Private alley access to rear two-car carport which could double as an awesome outdoor living space.

 

Learn more about 1438 Gilmer Avenue and other Montgomery homes for sale by visiting HatTeam.com.

 

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Choosing The Best Neighborhood When Buying Montgomery Real Estate

by The Hat Team

Sometimes people have to sacrifice purchasing their dream home for a less perfect home in a better location. The buyer and family's quality of life can be affected by their surroundings and features a neighborhood has to offer. Choosing the best neighborhood is just as important as finding the perfect home.  Neighborhoods have numerous characteristics to consider when trying to make the right choice.montgomery real estate

One of the most important things to look in to is the quality of schools in the area. Compare various public schools within a school system; some may be better than others. In order to keep all options open, also take a look at private schools in the area. Even if you do not have kids that will attend school, it is still a good idea to pick an area with good schools to help with reselling Montgomery real estate.

Another crucial characteristic of a neighborhood to research is the crime. Contact the local police office to find out crime trends, types, and rates. Go online to find out if there are any sex offenders living near by. Do not judge a book by its cover, just because a neighborhood looks well kept and charming does not mean there are not any crime related issues.

For financial reasons, check in to the property values of homes in the neighborhood. Find out if the Montgomery real estate values in various areas have been increasing or decreasing. If the neighborhood is in an up and coming area the value of the property is likely to go up. Where as, if the area is going down under, the property value will probably follow. See if there are any future construction and development projects to take place. Alterations to the surrounding area could drastically change the property value. 

Next thing to take into consideration is the neighborhood's proximity. Make sure the location is a reasonable distance to work, school, and other frequented destinations. Convenience always makes life a little easier. Having grocery stores, pharmacies, hospitals, and other places of interest and importance easily accessible will make a big difference in every day life. 

Other things to consider when choosing a neighborhood relate directly to the neighborhood it's self. Just as buyers have preferences in things they are looking for in a house, there are also preferred characteristics to look for in neighborhoods. Neighborhoods could have numerous features to offer such as, gated communities, nice sidewalks, large lots, parks, restaurants, safe roads, trees, landscaping, community recreational facilities, civic leagues, and golf courses. Keep in mind that a neighborhood may have neighborhood fees as part of a home owner's association. Be sure to pick neighborhood features that best fit the lifestyle of you and your family. 

Choosing a neighborhood can be just as difficult as finding the right piece of Montgomery real estate. Finding the perfect home in the right neighborhood may be even more of a challenge. Do your homework, research the area and prioritize features that are most important to you and your family. 

Learn more about Montgomery real estate at HatTeam.com

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Montgomery Real Estate For Sale: 2862 N Colonial Drive

by The Hat Team

Montgomery Real Estate For Sale:

2862 N Colonial Drive Montgomery AL 36111
MLS#267805

 

 

Prime mid-century modern ready to move into! This custom built corner lot home was featured in the 1955 "Parade of Homes" and has been lovingly maintained by the same family for over 50 years. Sunken Living room has fun angles, unique stone and brickwork, and is big enough for entertaining on a large scale. The eat-in kitchen has custom banquette great for meals, games, homework, and family gathering, and is pristine original 1955! Den/family room features beautiful cypress walls and opens onto the courtyard style patio with built-in BBQ pit. Bathrooms are immaculate, roof is new, and there are wonderful oak hardwood floors under carpet throughout the house. Elegant custom draperies remain, as well as period sectional sofa and coffee table in the living room. 

Learn more about 2862 N Colonial Drive and other Montgomery real estate by visiting HatTeam.com.

 

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If you are thinking of buying Montgomery real estate and making it a rental property, there are a number of things to consider when choosing the property.

Choosing Montgomery Real Estate to Rent 

1. Location

If you will be renting to a year ‘round tenant, look for a property convenient to major employers, schools, shopping facilities, transportation.

2. Pricemontgomery real estate

If you hope the rental income will be more than the cost of the monthly mortgage, insurance and taxes on the home, you should be careful to invest no more per month than the local rental market can bear. If your goal for rental income is to "break even" or even to have a negative cash flow, price becomes somewhat less important. 

3. Resale

Consider the long-term resale value of the property. If you buy in a fast growing area, the resale value will be greater further down the road. If you buy is a slow growth area, your resale value will be less, but there may be a better rental market.

4. Neighboring homes

Are the neighboring homes well-maintained? If not, they will drive down your property values. 

5. Solid construction

Look for solid construction. Tenants tend to put more wear and tear on a home than owners. Find a low-maintenance property suitable for renters. For example, white carpeting will have a much shorter life than something more neutral. 

6. Do it yourself

If you live nearby, it can be relatively simple to stay in touch with tenants, and to keep an eye on your investment. If you lack the time, or your property is some distance away, you may wish to work with a property management firm.

Learn more about investing in Montgomery real estate by visiting HatTeam.com.

If you are buying Montgomery AL real estate, you will want to know what your credit score is. Lenders look at your credit history, debt-to-income ratio and your credit score when qualifying you for a home loan. Credit scores range between 200 and 800, with scores above 620 considered desirable for obtaining a mortgage. The following factors affect your score:
montgomery al real estate
1. Your payment history. Did you pay your credit card obligations on time? If they were late, then how late? Bankruptcy filing, liens, and collection activity also impact your history.

2. How much you owe.  If you owe a great deal of money on numerous accounts, it can indicate that you are overextended. However, it's a good thing if you have a good proportion of balances to total credit limits.

3. The length of your credit history. In general, the longer you have had accounts opened, the better. The average consumer's oldest obligation is 14 years old, indicating that he or she has been managing credit for some time, according to Fair Isaac Corp., and only one in 20 consumers have credit histories shorter than 2 years.

4. How much new credit you have. New credit, either installment payments or new credit cards, are considered more risky, even if you pay them promptly.

5. The types of credit you use. Generally, it's desirable to have more than one type of credit - installment loans, credit cards, and a mortgage, for example.

For more on evaluating and understanding your credit score, visit
www.myfico.com. 

Are you thinking of buying Montgomery AL real estate? Learn about the home buying process at HatTeam.com or give me a call for more personal service.

Search all Montgomery AL real estate and homes for sale. 

Reprinted from Realtor Magazine with permission of the National Association of Realtors.

Montgomery Real Estate For Sale: 3319 Wilmington Road

by The Hat Team

Montgomery Real Estate For Sale:

3319 Wilmington Rd, Montgomery AL 36105
MLS #267340

Room to move around, plus a bonus! This South Hull District home has much to offer...like large living room with fireplace and hardwood floors, a dining room fit to entertain, and a cheery sunroom! Also, if you have a treasured vehicle, there is a 1 1/2 car garage with automatic door opener big enough for a car and a few motorcycles. Big bedrooms allow for plenty of large furniture, and the master even has his and hers closets. The true "surprise"...hidden behind a door in the hallway you'll find a staircase that takes you to a HUGE 2nd floor bonus room with gorgeous pine walls, ceiling, and floor. This space is perfect for a game room (current use,) media room, play room for kids, or teenager's getaway space. There's also another room up there that could be a 4th bedroom! Shady back yard is fenced for the family pet and great space for playing or relaxing. Roof is only 2 yrs old and this house is ready to move into. First time home buyers, jump on this one and get $8,000 from Uncle Sam! Don't wait, the money goes away Nov.30th!!!

 

Learn more about 3319 Wilmington Road and other Montgomery real estate by visiting HatTeam.com.

 

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Montgomery Real Estate For Sale: 2186 Allendale Road

by The Hat Team

Montgomery Real Estate For Sale:

2186 Allendale Rd, Montgomery AL 36111
MLS #267279

Perfect peaceful Allendale! If you love to spend time with family and friends, and like to spread out...this home is just right for you. Multi-purpose areas, family room great for games and toys, and beautiful kitchen open to breakfast banquette and gathering room. Covered porch and big shady back yard invites cook-outs and play time with those you love. There is a wonderful downstairs bedroom "suite" for visitors that even has it's own entrance. Two more spacious bedrooms plus a great master AND a private office/study upstairs. You will love having morning coffee on the upstairs balcony off the master bedroom. There is plenty of storage in the walk-in attic and abundant walk-in closets. Recent renovations and tastefully designed additions make this home like new and move in ready.

Learn more about 2186 Allendale Road and other Montgomery real estate by visiting
HatTeam.com.

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Montgomery Real Estate For Sale: 2510 Jasmine Road

by The Hat Team

Montgomery Real Estate For Sale:

2510 Jasmine Road, Montgomery AL 36111
MLS #267290 

This McGehee Estates home is not your typical ranch. Located on a quiet cul-de-sac, it offers an open floor plan with wonderful space to entertain family and friends. The extra large L-shaped family room has built-in bookshelves and overlooks the patio and sparkling salt water pool. Updated kitchen is a joy to cook in with double ovens and plenty of granite counter space. With walk-in closets and tons of storage, you'll want to put this one at the top of your list to see.

Learn more about 2510 Jasmine Road and other Montgomery real estate by visiting
HatTeam.com.

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Montgomery Real Estate Sales Statistics - July 2009

by The Hat Team

Pending home sales are up for the fifth consecutive month, the first time in six years for such a streak, according to the National Association of Realtors®.

The Pending Home Sales Index, a forward-looking indicator based on contracts signed in June, rose 3.6 percent to 94.6 from an upwardly revised reading of 91.3 in May, and is 6.7 percent above June 2008 when it was 88.7.  The last time there were five consecutive monthly gains was in July 2003.

Lawrence Yun, NAR chief economist, said a combination of positive market factors is fueling the gains.  "Historically low mortgage interest rates, affordable home prices and large selection are encouraging buyers who've been on the sidelines.  Activity has been consistently much stronger for lower priced homes," he said.  "Because it may take as long as two months to close on a home after signing a contract, first-time buyers must act fairly soon to take advantage of the $8,000 tax credit because they must close on the sale by November 30."

Let’s take a look at the July sales statistics to see how the Montgomery AL real estate market looks: 

Montgomery AL real estate sales statistics for July show pending sales decreased by 33% in 2009 compared to July 2008. The average sales price decreased by 10% to $131,554 while sold listings were down 42% from 2008.  Market times showed a increase of 1 days or 1% from 2008.

 

Midtown
Montgomery

Pending
Sales

Sold
Listings

Average
Market Times

Average
Sales Price

July 2009

40

28

89

$131,554

July 2008

60

48

88

$146,520

 

Remember, the clock is ticking on the $8000 first-time home buyer tax credit. Give us a call to make your dream home a reality!

For the latest Montgomery AL 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. 

Displaying blog entries 1711-1720 of 1998

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