Federal Housing Tax Credit Explained

Thu, 16 Apr 2009 01:26:04 +0000

a2a_linkname="Federal Housing Tax Credit Explained";a2a_linkurl="http://www.walterjoneshomes.com/huntsville-alabama-realestate/2009/04/15/federal-housing-tax-credit-explained/";

5000.00 City of Huntsville Down Payment Assistance !

Mon, 02 Feb 2009 18:00:55 +0000

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 Alabama

Fri, 16 Jan 2009 20:25:12 +0000

In 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 Searching

Tue, 16 Dec 2008 17:59:52 +0000

Buying 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 Investing

Mon, 15 Dec 2008 15:40:49 +0000

With 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 Tips

Sun, 14 Dec 2008 16:00:24 +0000

1. 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 information

Thu, 11 Dec 2008 14:58:32 +0000

Huntsville 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 Foreclosures

Wed, 10 Dec 2008 15:08:51 +0000

Buying 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 Transaction

Tue, 09 Dec 2008 16:05:41 +0000

A 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!

Mon, 08 Dec 2008 15:00:43 +0000

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 market

Wed, 03 Dec 2008 13:34:58 +0000

As 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 Home

Tue, 02 Dec 2008 15:40:31 +0000

1. 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!

Tue, 02 Dec 2008 00:26:51 +0000

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?

Wed, 26 Nov 2008 11:55:13 +0000

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 Information

Tue, 25 Nov 2008 14:22:59 +0000

What 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 2009

Mon, 24 Nov 2008 14:36:39 +0000

RISMEDIA, 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 tips

Sun, 23 Nov 2008 13:45:36 +0000

Foreclosures 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 Alabama

Sat, 22 Nov 2008 13:16:45 +0000

There 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?

Sat, 22 Nov 2008 01:02:05 +0000

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 House

Wed, 19 Nov 2008 15:34:22 +0000

Bank 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 [...]