sandra nickel: Montgomery Real Estate For Sale: 1935 Norman Bridge Ct - 05/25/12 06:03 PM
Montgomery Real Estate For Sale:
1936 Norman Bridge Ct, Montgomery AL 36104MLS# 293236
Affordability and Practicality!

Quiet Garden District cul-de-sac is just minutes from all the action at the Cloverdale dining and entertainment district, as well as Downtown! Spacious "L" shaped living/ dining room affords plenty of space for variety of furniture arrangements, and good sized den/family room is perfect for casual living. OR, use LR/DR area as one large living space, and utilize the den/family room (just off kitchen) for a more formal private dining space. Once a third bedroom with access only from middle bedroom, this space … (1 comments)

sandra nickel: Home Affordable Refinance Program - 05/01/12 03:54 AM
If your loan was “sold” to Fannie Mae or Freddie Mac prior to June 1, 2009, you may qualify to refinance your mortgage without an appraisal—and you don’t have to worry about the value of your home either!
Determining if your home qualifies
Call me with your property address and I will check Fannie/Freddie’s website Your current home, rental property, second home qualifies If you have a 2nd mortgage, the 2nd mortgage holder must agree to “subordinate.” What you will need to apply
Estimate of the current value of your home based on comps from a real estate agent 30-days’ worth … (0 comments)

sandra nickel: Montgomery AL Foreclosure Trends - March 2012 - 04/25/12 03:49 AM
There were 848 Montgomery AL foreclosure homes for sale with 1 in every 867 housing units receiving a foreclosure filing in March 2012. The average selling price of a Montgomery AL home was $95,359 and the average foreclosure selling price was $27,444, a $67,915 savings according to RealtyTrac.com.
Montgomery AL Foreclosure Activity and 30 Year Interest Rate
Montgomery interest rates averaged 3.95% in March while the number of foreclosed homes rose from 80 to 109.

Foreclosure activity is based on the total number of properties that receive foreclosure filings – default notice, foreclosure auction notice or bank repossession – each month. Interest rate is based on the average 30-year fixed rate from … (0 comments)

sandra nickel: Strategies To Remedy A Low Appraisal Of Your Montgomery AL Real Estate - 04/18/12 01:11 PM
Talk about a setback!  You’ve spent recent months preparing your house for sale or looking for the perfect house to buy, negotiating a fair price, and anxiously awaiting the settlement date.  And now the appraisal on that piece of Montgomery AL real estate has come in below the asking price.  What to do?  First, whether you are the buyer or the seller, remain calm.  This is not an unusual occurrence in today’s market.  Understanding the possible reasons for the disappointing appraisal and exploring strategies to save the transaction are your next steps.
REASONS F0R A LOW APPRAISAL:
Overpricing by seller Declining … (0 comments)

sandra nickel: Montgomery Real Estate For Sale:2836 Spann Place Montgomery, Al 36107 - 04/14/12 12:33 AM
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sandra nickel: How Mortgage Insurance Really Works - 04/11/12 08:34 AM
When you buy Montgomery AL real estate without a down payment of at least 20%, the lender, be it FHA or a private mortgagor, requires that you purchase mortgage insurance to protect it against financial loss.  Mortgage insurance, not to be confused with mortgage life insurance or homeowner’s insurance, assures the lender of no financial loss or a very reduced one) if you default on the loan.
The cost of this insurance—from .25 to 6% of the loan—is almost always the responsibility of the buyer of Montgomery AL  real estate.  (There is such a thing as lender-paid insurance, but this type carries a … (1 comments)

sandra nickel: Montgomery Real Estate For Sale: 2263 Country Club Drive Montgomery, AL 36106 - 03/20/12 11:44 PM
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sandra nickel: Montgomery Real Estate For Sale: 2108 Powell Lane Montgomery, AL 36110 - 03/15/12 11:16 PM
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sandra nickel: Montgomery AL Foreclosure Trends - January 2012 - 03/14/12 01:16 PM
There were 840 Montgomery AL foreclosure homes for sale with 1 in every 808 housing units receiving a foreclosure filing in January 2012. The average selling price of a Montgomery AL home was $81,926 and the average foreclosure selling price was $81,926, according to RealtyTrac.com.
Montgomery AL Foreclosure Activity and 30 Year Interest Rate
Montgomery interest rates averaged 3.92% in January while the number of foreclosed homes climbed from 58 to 117.

Foreclosure activity is based on the total number of properties that receive foreclosure filings – default notice, foreclosure auction notice or bank repossession – each month. Interest rate is based on the average 30-year fixed rate from Freddie … (0 comments)

sandra nickel: Montgomery Real Estate For Sale: 1521 Westminster Drive Montgomery, AL 36117 MLS #291144 - 03/13/12 04:27 AM
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sandra nickel: Midtown Montgomery Real Estate Market Trends - 2010 vs 2011 - 02/07/12 03:58 AM
Environmentally friendly features have become more important to home buyers according to the 2012 Home Buyer and Seller Profile published by the National Association of Realtors. The importance of various features such as heating and cooling, energy efficient appliances and lighting, landscaping, and an environmentally friendly community differ by region.

Commuting costs and environmental efficiency have increasingly factored into home buying decisions due to higher energy costs, but also due to overall concern for the environment. Factors that are most important to buyers are those directly related to the buyers’ pocketbook. Heating and cooling costs were at least “somewhat” important to 87 percent … (0 comments)

sandra nickel: Montgomery AL Foreclosure Trends - Dec 2011 - 02/02/12 04:06 AM
There were 873 Montgomery AL foreclosure homes for sale with 1 in every 1,675 housing units receiving a foreclosure filing in December 2011. The average selling price of a Montgomery AL home was $108,647 and the average foreclosure selling price was $72,743, a $35,905 savings, according to RealtyTrac.com.
Montgomery AL Foreclosure Activity and 30 Year Interest Rate
Montgomery interest rates averaged 3.96% in December while the number of foreclosed homes dropped from 122 to 58.

Foreclosure activity is based on the total number of properties that receive foreclosure filings – default notice, foreclosure auction notice or bank repossession – each … (2 comments)

sandra nickel: Adding Value To Your Montgomery AL Real Estate - 01/20/12 05:37 AM
 
If you are one of the millions of Americans whose home has lost value in recent years, despair not.  Whether you’re trying to spiff up your Montgomery AL real estate for resale, to raise its appraisal, or just to keep current with updating and maintaining what you currently have, there are many relatively easy and budget-worthy steps you can take.   Some of these minor projects designed to increase value are quick fixes while others may require a weekend’s worth of work, but all will certainly revive the look of your property.
Exterior improvements:
Keep shrubs and trees neatly pruned.  Plant … (0 comments)

sandra nickel: Kitchen Remodeling Trends For Your Montgomery AL Home - 01/11/12 05:52 AM
Ready to update the kitchen in your Montgomery AL home? Whether the renovation is for the purpose of increasing resale value or for your own personal use and enjoyment, it never hurts to know what the building industry sees as sustainable, in-demand, cost-effective, and efficient improvements for one of the most important rooms in your Montgomery AL home. As American lifestyles change, so do the needs and desires of your family members and/or potential buyers, especially in the areas of appliances, flooring, lighting, counter tops and backsplashes, cabinetry, energy efficiency, and color.
Basic design: An energy-efficient and functional design is extremely … (0 comments)

sandra nickel: Buying Or Selling Montgomery AL Real Estate During The Holidays - 12/15/11 06:52 AM
Traditionally, both sellers of Montgomery AL real estate and those looking to purchase a home have avoided doing so during the winter months, especial in December.  Because the last month of the year is a time of many religious, social, and cultural celebrations, most people feel they are too busy to deal with real estate matters and/or are convinced that the market is pretty much dormant until at least early spring.  Not so, say many Realtors!  Not only do many folks have vacation time in December and are thus free to house shop, but the slower months are often the ones where … (2 comments)

sandra nickel: Montgomery Real Estate For Sale: 2451 Price St #B Montgomery, AL 36111 - 12/12/11 11:08 PM
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sandra nickel: Montgomery AL Foreclosure Trends - Sept 2011 - 11/09/11 05:23 AM
There were 973 Montgomery AL foreclosure homes for sale with 95 new foreclosures in Sept 2011. The average selling price of a Montgomery AL home was $129,586 and the average foreclosure selling price was $59,568, a $70,018 savings, according to RealtyTrac.com.
Montgomery AL Foreclosure Activity and 30 Year Interest Rate
Montgomery interest rates averaged 4.11% in September while the number of foreclosed homes increased from 80 in August to 95 in September.

Foreclosure activity is based on the total number of properties that receive foreclosure filings – default notice, foreclosure auction notice or bank repossession – each month. Interest rate is based on the average 30-year fixed … (0 comments)

sandra nickel: Midtown Montgomery Real Estate Trends - Sept 2011 - 11/01/11 05:23 PM
A buyer purchasing a typical American home at the prevailing average mortgage rate today would have a mortgage payment of  $698 a month. This figure is not much different from what a home buyer would have faced 30 years ago. In 1981, home prices were much lower but mortgage rates were reaching 18 percent. Today, home prices have come down by about 33 percent on average from the bubble years, but prices still remain comfortably higher than those of the 1980s. However, thanks to record low mortgage rates, the monthly payment obligations have been greatly reduced. This should be good news … (0 comments)

sandra nickel: Montgomery Real Estate For Sale: 41 Mountain Terrace Wetumpka, AL 36093 - 09/14/11 12:03 AM
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sandra nickel: Montgomery Real Estate For Sale: 972 Gibson Hills Drive Montgomery, Al 36116 - 09/09/11 03:33 AM
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Sandra Nickel, The Hat Team (Sandra Nickel REALTORS)

Sandra Nickel

The Hat Team

Montgomery, AL

More about me…

Sandra Nickel REALTORS

Address: 1067 Woodley Road, Suite 1, Montgomery, AL, 36106

Office: (334) 834-1500

Fax: (334) 269-4083



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