Consider Seller Financing If you Are Having Trouble Finding A Buyer

By lheraty | Published: July 30, 2009

As we are all too aware, obtaining a mortgage today is much harder than it was just last year. One new concept that is becoming more and more popular is ‘Seller Financing.’
The ‘Seller Financing’ concept can give home sellers an edge over competition as it fully eliminates that large obstacle so many buyers face today, [...]

Posted in Home Buyer and Seller Tips, repost, Uncategorized | Tagged | Comments closed

Baldwin County AL Ecological Park Developments Moving Forward

By Barbara Reeves | Published: July 29, 2009

The planned ecological park in Foley AL is on its way to completion.  Although this Gulf Coast AL Graham Creek Preserve may be a few years from being the park that was envisioned in the multi-million dollar land purchase, a canoe launch has been finished.  The canoe launch is on the 483-acre tract and is … Continue reading Baldwin County AL Ecological Park Developments Moving Forward

Posted in Baldwin County AL activities, economic growth in Baldwin county AL, Economic Growth in Mobile AL, Gulf Coast Homes | Tagged , , , , , , , , , | Comments closed

Is Refinancing Your Mortgage The Right Thing For You?

By lheraty | Published: July 28, 2009

Since mortgage rates have decreased and have been hitting record lows lately, many people are considering refinancing their mortgages. This can be a very beneficial thing to do if you have all of the proper information.
 
For starters, you should always read through your current mortgage to find out if you will have to pay penalties for [...]

Posted in Home Buyer and Seller Tips, Uncategorized | Tagged | Comments closed

New “Arrive Early” Tourist Campaign in Mobile and Baldwin Counties

By Barbara Reeves | Published: July 27, 2009

A new advertising and public relations idea in Mobile AL is designed to encourage guests of Carnival Cruise Lines to visit area attractions as well as enjoy their time cruising the Gulf seas.  This new ‘arrive early’ campaign which advises Carnival Cruise passengers to ‘vacation before your vacation,’ was announced this week by Mobile officials.  … Continue reading New “Arrive Early” Tourist Campaign in Mobile and Baldwin Counties

Posted in economic growth in Baldwin county AL, Economic Growth in Mobile AL, Gulf Coast Homes, Mobile Alabama real estate | Tagged , , , , , , , , , , , , , | Comments closed

Attention: First-Time Home buyer $8,000 Tax Credit Expires 12/01/2009

By lheraty | Published: July 21, 2009

If you decide to purchase a home by December 1, 2009, you will be entitled to an $8,000 tax credit. This amendment to the economic stimulus bill will be available to if you purchase your first home between 1/1/2009 and 12/1/2009. Home buyers will be entitled to claim a total tax credit of $8,000 or 10% of the [...]

Posted in First-time Homebuyer, Home Buyer and Seller Tips, repost | Tagged | Comments closed

Eastern Shore Home Sales Activity Increases

By Barbara Reeves | Published: July 21, 2009

Compared with March home sales in Daphne, June showed a significant increase in the number of transactions. 38 homes sold in June 2009, compared with 18 in March. Average sales price increased from $210, 433 to $236,074, while the average price per square foot went from $90.58 in March to $98.15/sq ft. Unfortunately, the average … Continue reading Eastern Shore Home Sales Activity Increases

Posted in Baldwin County Real Estate, Daphne AL real estate, Fairhope AL real estate, Fairhope Alabama Real Estate, Gulf Coast AL living, Gulf Coast Homes, Spanish Fort AL real estate | Tagged , , , , , | Comments closed

Gulf Shores may Lower fees for Developers

By Barbara Reeves | Published: July 20, 2009

The Gulf Shores City Council is considering lowering fees for developers, according to a recent report in the Press Register.  Since July 2006, when a ‘boom-era’ of development was underway in the Gulf Coast of Alabama, an increased fee schedule was set up that charged developers, and others seeking to build structures and subdivide parcels; … Continue reading Gulf Shores may Lower fees for Developers

Posted in economic growth in Baldwin county AL, Economic Growth in Mobile AL, Gulf Coast AL living, Gulf Coast Homes, Gulf Shores Alabama property owners | Tagged , , , , , , , , , , , | Comments closed

Do Not Believe The Many Myths You May Have Heard About Short Sales

By lheraty | Published: July 20, 2009

If you currently are in a situation where you must sell your home and you owe more on your home than what it is worth to sell, a short sale can be a very good solution to your problem. Many myths have evolved over time, but understanding the reality is a way to help yourself. [...]

Posted in Home Buyer and Seller Tips, repost, Short Sale | Tagged | Comments closed

Options To Consider Before Giving In To A Foreclosure

By lheraty | Published: July 19, 2009

 Today in the United States there are more and more homeowners facing the devastating financial challenge of foreclosure. Many times it can be avoided. Here are a few options besides foreclosure, along with a short explanation of each.

Reinstatement: This option is extremely simple, but the most difficult. The homeowner asks the mortgage company the total amount owed and [...]

Posted in Foreclosure, Home Buyer and Seller Tips, repost | Tagged | Comments closed

The Three Most Important Things Lenders look For When Qualifying A Short Sale

By lheraty | Published: July 16, 2009

There is so much misinformation out there these days about Short Sales. While this transaction may be a somewhat complicated process, here are the three very uncomplicated things lenders are looking for to see if you qualify:

Financial Hardship: This is defined as a verifiable reason that has or will cause you to miss a payment, [...]

Posted in Home Buyer and Seller Tips, repost, Short Sale | Tagged | Comments closed

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