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Displaying blog entries 1921-1930 of 1998

Montgomery AL Home For Sale - 508 Glade Park Loop

by The Hat Team


Best deal in Pecan Grove! This spacious home has it all! 4 bedrooms, 2 baths, large living room/dining room combo and a den/family room with real fireplace! The galley style kitchen features smooth surface stove and updated countertops. The sunny breakfast room is big enough for a family-sized table. Don't miss the oversized laundry/utility room with plenty of storage. Out back there is a covered porch and large patio overlooking large private fenced yard. There is even a storage building at the end of the lot.

For more information on this home or other Montgomery real estate, visit our website,
HatTeam.com or give us a call for more personalized service, 800-428-5239.

Montgomery AL Home For Sale - 3376 Cloverdale Rd.

by The Hat Team
 

Check it out! What a great unique home with loads of character and charm plus up to date amenities. The master bedroom has a gorgeous bath with spa tub and separate shower. The gourmet kitchen has a gas stove, tile floor and tile countertops. Drive through the automatic gate to the double garage and separate storage and workshop area. Plus, above the garage is space that could be finished out for a studio or office. The lovely landscaped yard adds the crowning touches, along with the new privacy fence and detailed iron fencing.

For more information on this home or other Montgomery real estate, visit our website,
HatTeam.com or give us a call for more personalized service, 800-428-5239.

Montgomery AL Real Estate 101: Your Credit Score

by The Hat Team
If you are a first-time Montgomery AL real estate homebuyer, you are most likely becoming very aware of the importance of having a good credit score. A higher-than-average credit score will help you negotiate a lower interest rate when you are applying for a mortgage, and a lower interest rate means thousands of dollars in interest saved every year.
 
This short video is a great introduction to the importance of your credit score, and includes some simple strategies to help improve it.

This is a great time to consider purchasing Montgomery AL real estate. To learn more about Montgomery AL real estate, please visit HomesForSaleInMontgomeryAlabama.com, or begin searching homes here. For more personalized service, or a referral to a reputable lender who can help you learn more about your credit score, please call me at 800-HAT-LADY.

Montgomery AL Home For Sale - 3135 Malone Dr.

by The Hat Team

Finally, what most people look for in the Hillwood Townhouses. A one-story, end unit townhouse that is immaculate and ready for the new owner. This home is tastefully decorated and has hardwood floor throughout, except the master bedroom. Also, there are custom plantation shutters and colorful exterior awning. The brick walkway will take you to the private covered patio area where you can enjoy your morning cup of tea. You'd better hurry to see this property as with most houses in the Hillwood area, it won't be available long.

For more information on this home or other Montgomery real estate, visit our website, HatTeam.com
or give us a call for more personalized service, 800-428-5239.

Montgomery AL Home For Sale - 3244 S. Hull St.

by The Hat Team

 
Cute cottage with lots of character. Hardwood floors throughout and very spacious rooms.

For more information on this home or other Montgomery real estate, visit our website,
HatTeam.com or give us a call for more personalized service, 800-428-5239.

 

Montgomery AL Home For Sale - 3202 S. Hull St.

by The Hat Team
 

What a COOL house! Mid Century modern at it's best! This wonderful and pristine custom home is probably one of the most interesting and fun houses in Montgomery. Unassuming from the exterior, you'll be wowed when you enter and see the living room/dining room with sloped ceiling and wall of floor to ceiling windows and french doors leading to a courtyard style back yard. The galley kitchen has a breakfast bar that could double as a home office/work station. Down the hall is a 2nd bedroom with stunning views of the rear gardens, and a cozy den, also with floor to ceiling french doors and access to the rear. A cool sunroom/breezeway leads to the private master bedroom with it's own bath, walk-in closet, and PRIVATE courtyard with sun deck. Fresh paint inside and out, this one is MOVE-IN-READY! Houses like this just don't become available often, so jump on this so that you can own the "coolest" house in Montgomery!

For more information on this home or other Montgomery real estate, visit our website,
HatTeam.com or give us a call for more personalized service, 800-428-5239.

Top 10 Montgomery Short Sale Questions…Answered

by The Hat Team

Are you in a crunch and considering selling your home by means of a short sale...but have lots of questions? Below are the Top 10 Montgomery Short Sale Questions…Answered

Number 10  I can't make my house payments, but I do have an ability to pay back all or part of the negative equity. Also, I want to preserve my credit score...is a short sale right for me?  

Probably, not. In cases where the seller can pay back all or part of the negative equity (usually to the 2nd lien holder), it makes sense for them to work out a repayment plan. The lender will then release the lien and allow the home to close.

Number 9  If I pay mortgage insurance and default on my loan, why wouldn't that cover the deficiency amount? 

The mortgage insurance is not there for your protection, just the mortgage lender's.

Number 8  Do I have to have my home "Approved" by the lender prior to offering it for sale as a short sale. 

No. Technically speaking there is no such thing as being "Short Sale Approved." The actual approval only happens with an accepted offer.

Number 7  I just missed a payment and I know I will miss more...how long does the foreclosure process take and is there time to do a short sale? 

The foreclosure process takes differing times depending on your state.  In the Midwest a foreclosure can take over a year. In California its taking 6+ months.  Generally speaking a well priced short sale being processed by an educated Montgomery short sale listing agent will sell and close in less than 120 days.

Number 6  Will I still have to pay property taxes if I do a short sale? 

Property taxes will always have to be paid as part of any accepted short sale. Whether it's you or the lender, it depends on their policies and the specific agreement you reach while negotiating the short sale.

Number 5  I owe more than my home is worth and I can't make the payment. Do I have to somehow qualify for a short sale? 

The simple answer is NO. If someone can't make their payment and they are otherwise insolvent, they qualify for a short sale. Note: insolvent simply means their total debts are great than their assets.

Number 4  Do I have to pay income taxes...I have heard that I will get a 1099. Will the loss the bank takes be treated as a taxable gain to me...the seller...is this true? 

It WAS true, now it's not. Consult your Tax Attorney or Qualified CPA.  Very recently the tax law was modified and now most people who do a short sale will have no taxes due.

Number 3  How do you, my listing agent get paid...who pays your commission? 

The bank will pay the commission along with all the other usual closing costs.

Number 2  Do I have to miss a payment to do a Short Sale? 

No. Late last year most major lenders started accepting short sale offers from sellers who have never missed a payment.

Number 1  I want to do a short sale and have a 2nd mortgage, does this make me ineligible? 

No. Both of your lenders will need to be satisfied in some way to complete the short sale. If your first lender will be paid off by the sale, then you just negotiate the terms with the second lender. Most short sales do involve 1st and 2nd lien holders. 

Article courtesy of:  Tim and Julie Harris, www.AgentShortSaleSecrets.com

If you would like more information about short sales or Montgomery real estate, visit our website, HatTeam.com or give us a call at 800-428-5239 for more personalized service. Interested in the current market value of your home? Visit MontgomeryHomeInfo.com. Your home valuation will be emailed to you.

Montgomery AL Tax Rebates

by The Hat Team

Congress’ recent $170 billion economic stimulus plan centers around tax rebates; because the details of the plan are still foggy, many Montgomery AL real estate owners and taxpayers have questions about the rebates and how they will benefit.

Though the details are still being worked out, some facts have been made available:

  • To be eligible for a full rebate, single tax filers must have 2007 adjusted gross income (AGI) below $75,000.  These filers will get rebates up to $600.
  • Joint filers must have AGI below $150,000 and are eligible to receive rebates of up to $1,200.
  • Parents will receive $300 rebates per dependent child and there is no cap on the maximum number of children eligible.
  • Filers who do not owe income taxes because of various credits and deductions but who do have at least $3,000 in income (can include Social Security or disability payments) will get $300 rebates per person or $600 per couple.
  • The rebate is a one-time tax cut – an advance on a credit you’ll receive on your 2008 return.

If you make the IRS deadline and file your taxes by April 15, you can expect to receive a rebate check in the mail sometime between May and July.

Have you considered putting your tax rebate toward the purchase of Montgomery AL real estate?  To learn more about Montgomery AL real estate, please visit HomesForSaleInMontgomeryAlabama.com or begin searching for homes here.  For more personalized service, please call me at 800-HAT-LADY.

Beware of Montgomery AL Real Estate Scam!

by The Hat Team

Despite Congress’ recent efforts to relieve Montgomery AL homeowners, the rate of foreclosure is still increasing across America. 

 

Although this CBS News video spotlights a foreclosure scam artist in southern California, the problem is rampant nationwide.  As the video shows, it is too easy to be taken advantage of by scam artists trying to make a buck off the vulnerability of others.



Remember, if you may be facing foreclosure – or if you are interested in investing in Montgomery AL – the best resource is an experienced Realtor who can help explain your options.  To learn more about Montgomery AL real estate, please call me 302-677-1335 or visit HomesForSaleInMontgomeryAlabama.com.  You may also learn more about investing in Montgomery AL real estate at InvestInMontgomeryAlabama.com.

REDUCED! Montgomery AL Home For Sale - 1230 Woodward Ave.

by The Hat Team

RECENTLY REDUCED!  Bring your contractor and bring this house back to what it once was!!! Seller has already done the Home Inspection and Structural inspection for you. Now all you have to do it to determine how far you want to go with the restoration. Has been a rental property but owner now says sell, so priced accoringly. Has central heat & air, on a great lot, in a great location, but the floors roll like the Gulf of Mexico. If you are looking for an affordable property in the heart of Old Cloverdale, and want a project, then this house is for you. Call today to see it before it's gone.

For more information on this home or other Montgomery real estate, visit our website, HatTeam.com or give us a call for more personalized service, 800-428-5239.

Displaying blog entries 1921-1930 of 1998

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