The Many Myths About Homeownership - 11/29/07 09:55 AM
Many would-be homebuyers are stuck in the feeling that they will never be able to qualify for a mortgage.  However, applying for a mortgage today is very different than it was 10 or 15 years ago.  With many creative financing offers available today, more and more people are able to become homeowners.  FreddieMac.com has put together a list of "myths" about becoming a homeowner, and it shows just how realistic homeownership can be for most people.  Here are just a few of the Many Myths About Homeownership:
Myth: You need great credit to become a homeowner.Fact: You may still be able to … (2 comments)

Happy Thanksgiving, Montgomery! - 11/21/07 09:20 AM
May your Thanksgiving be blessed with the bounty of the season and the love of family and friends!
 
We’ll be back next week with more of the latest Montgomery AL real estate news and information!  In the meantime, please feel free to contact me at 800-HAT-LADY or visit HomesForSaleInMontgomeryAlabama.com.
… (0 comments)

Montgomery AL Real Estate Update - 11/15/07 01:08 PM
Temporary problems in the mortgage market are expected to free some pent-up demand, but disrupted existing-home sales and distorted prices on sales closed in September, according to the National Association of Realtors®.  Even so, prices continued to rise in some area.  Because of this and other factors, total existing home sales fell 8% and are 19% below the level that they were in September 2006.
 
Lawrence Yun, NAR senior economist, said the decline is understandable.  “Mortgage problems were peaking back in August when many of the September closings were being negotiated . . . the good news is that mortgage … (1 comments)

Montgomery’s Economic Outlook Promising, Experts Say - 11/08/07 01:12 PM
Below are some highlights from a recent article in the Montgomery Advertiser that speaks of good news for Alabama's economic outlook: 
 Compass Bank hosted its Business Leader Confidence Index luncheon last Wednesday, and two experts said the economy is sending mixed signals that largely depend on where they originate and how large of an area they cover.  While the economic outlook for the nation as a whole is not great for at least the beginning of 2008, leaders agreed that the outlook for Montgomery is quite good.
"I think it is quite decisive," Sam Addy, president of Compass Bank, said. "People have … (0 comments)

Buyers Beware When Investing in Foreclosures in Montgomery AL - 11/01/07 09:05 AM
As we discussed previously, the rate of foreclosure is rising at breakneck speed all across America.  A few weeks ago I provided a link to an article full of great advice on how to avoid foreclosure.  This week I want to look at the issue from another angle - from the perspective of those looking to capitalize on the trend by investing in foreclosures and - they hope - selling them for a hefty profit.
While this seems like a great idea on the surface, considering the abundance of foreclosed-upon homes that are becoming available, potential investors should use caution and take … (1 comments)

 
New_sandra Rainmaker_large

Sandra Nickel

Montgomery, AL

More about me…

Sandra Nickel REALTORS

Address: 1044 E Fariview Avenue, Montgomery, AL, 36106

Office Phone: (334) 834-1500

Email Me



Listings

Links

Archives

RSS 2.0 Feed for this blog