Huntsville Alabama Real estate
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5000.00 City of Huntsville Down Payment Assistance !Down payment Assistance Program (DAP)
The City of Huntsville Community Development Department and the Alabama Housing Finance Authority provide first home purchase down payment and/or closing cost assistance. The assistance is available on a first-come, first-served basis, until funds run out.
$5000 is provided at time of closing to be used exclusively for the [...]
Searching and Buying Foreclosures in Huntsville and North AlabamaIn today’s foreclosure rich real estate market is very essential that you understand the numbers and the stats of your market. Even though prices are lower than they have been in years, it is still easy for buyers to make big mistakes that cost them in the long run. Here are 5 tips to help [...]
Stress Free Huntsville House SearchingBuying a home should be FUN, not stressful. As you look for your dream home, keep in mind these tips for making the process as peaceful as possible.
1. Find a real estate agent who you connect with. Home buying is not only a big financial commitment, but also an emotional one. It’s critical that the [...]
Are you ready? Huntsville Alabama Real Estate InvestingWith the housing market at an all time low and it being such a buyer’s market, there has never been a better time to purchase Huntsville area estate than right now. For this reason many first time home buyers are searching the lowered prices for homes that they can move into instead of renting. [...]
Huntsville Alabama Home Buying Tips1. Research before you look. Decide what features you most want to have in a home, what North Alabama neighborhoods you prefer, and how much you’d be willing to spend each month for housing.
2. Be realistic. It’s OK to be picky, but don’t be unrealistic with your expectations. There’s no such thing as a [...]
Historic Mortgage Rate Drop! Huntsville and North Alabama Mortgage informationHuntsville mortgage rates experienced a historic drop this month. 30 Year rates fell from 5.97 to 5.53. This is the lowest rates have been since January 2008. But I think this understates how low mortgage rates are this week so I did a little research. Since 1974 rates have been lower than today’s [...]
Huntsville and Madison Alabama ForeclosuresBuying a house is a lifetime decision which should be taken carefully and most buyers are worried about our current economic conditions which makes it difficult for them to purchase their dream homes. In this situation, Foreclosed homes are the best option which many first time buyers and investors of real estate [...]
Choosing a Buyer’s Agent for your Huntsville and North Alabama Real Estate TransactionA Huntsville and North Alabama real estate buyer’s agent can be a big help if you are looking for the perfect property. Having an experienced person that knows the industry on your side is an asset and one that should not be underestimated. There are so many things to keep [...]
7500 Tax Credit for First Time Huntsville Homebuyers!With the home market slowing down in the wake of recent mortgage lender failures, the government has been contemplating different ways to jump-start the purchase of new homes, especially trying to attract first-time home owners. One method the government is initiating is a tax credit program for all first-time home buyers that make a home [...]
Selling your Huntsville Home in a down marketAs a Realtor, one of our biggest frustrations is dealing with the unrealistic expectations of a seller. Sellers are notorious for overpricing their homes. The market is saturated with thousands of properties that will never sell without a price adjustment. Lack of comparable sales, poor or no Realtor representation, believing improvements are worth more than [...]
Ten Steps to buying your first Huntsville Area Home1. Shop around for lenders who can provide quality loans with good terms. Take every aspect of the lender into consideration. Keep in mind things like the reputation of the lender, interest rates offered, length of the loan, the type of loan you want (fixed or adjustable), whether you’ll have to pay points, and whether [...]
Huntsville Alabama Mortgage Rates Drop!30-Year Mortgage Rates Drop Below 6%
Mortgage Brokers’ phones rang off the hook last week as 30-year mortgage rates dropped below 6 percent. Some brokers say their rates are as low as 5.25 percent.
The rates are down because the Federal Reserve announced that it would buy $500 billion in mortgage-backed securities held by Fannie Mae and [...]
Huntsville Alabama! A GREAT Place to live. But you already knew that didn’t you?According to CNN Money Magazine, Huntsville Alabama is one of the “100 Best Places to Live.” Since World War II, this engineering and technology hub has transformed a sleepy agricultural base into the “Space Capital of America.” The area is not only a hub for NASA, but also Boeing
, Toyota, DeltaCom, the HudsonAlpha Institute for [...]
More Huntsville and North Alabama HUD Foreclosure InformationWhat is a HUD Home?
A HUD home is a 1 to 4 unit residential property acquired by HUD as a [...]
Huntsville and North Alabama Real Estate Trends for 2009RISMEDIA, Oct. 1, 2008-Like Wall Street, the real estate industry is feeling the painful effects of loose lending practices and bad mortgage loans. Now, more than ever, prospective home buyers and sellers should be aware of what’s happening with the housing market-and where it’s headed-in order to make smart decisions. In addition to understanding what [...]
More Huntsville Alabama Foreclosure Purchasing tipsForeclosures are on all time high and this has given rise to the new home foreclosure market which has numerous options for buyers to check out for purchasing their dream home. Home Foreclosure listings can include various categories of foreclosures which could be wither foreclosure auctions, where the foreclosed property is put on auction by [...]
Advantages of investing in Multi-Family vs Single Family Properties in North AlabamaThere are many ways to get started in real estate investing. For the beginner, a good strategy might be to purchase a multi family unit to rent out. Four families or less per building is the ideal size to look for. This will allow you to still acquire a building with a residential mortgage, taking [...]
How DOES a property become a HUD Foreclosure?A Huntsville area HUD Foreclosure becomes a HUD foreclosure when someone with an FHA insured loan defaults on that loan and it’s foreclosed upon by the mortgage lender. The mortgage lender at that point will collect whatever losses they have suffered by listing the house in the Huntsville and North Alabama HUD Foreclosure market.
HUD, at [...]
Huntsville Alabama Foreclosures. Buying a Bank Owned HouseBank owned homes are properties that have been foreclosed upon by the bank because of the inability of the owner to make his mortgage repayments. In many instances this has been caused by the increase in interest rates that is sweeping the nation at present. One of the facts of life is that because of [...]
