Thursday, March 28, 2013

Want to know what your Mortgage Payment will Be??



Click HERE to see your what YOUR estimated mortgage will be.

Nothing will compare to getting pre-approved by a mortgage lender but if you are thinking about buying this will just give you a general idea of what your estimated payments will be. Keep in mind your down-payment which varies.

Wednesday, March 27, 2013

Curb Appeal: Budget Friendly Tips to Boost Buyers



      VS.     

Sometimes all it takes to turn off a buyer in Huntsville, AL is the outside of your home—faded and peeling paint, neglected landscaping and weather-worn furniture say to buyers “if the outside is neglected, you should see the inside…” automatically turning away your chance to sell your home for its top dollar and driving away buyers before they ever consider walking through the door. Just because you may see your home at its best, it never hurts to take a good hard look at what your curb appeal is doing to help or harm your home-selling efforts.

There are some simple steps you can take to improve the look of your home. A well-maintained exterior says to buyers that the home is cared for and they will assume that this applies to the entire house—even the parts that aren’t so easy to see.

Consider a neutral assessment

To see what others see when they approach your home, park across the road and take a good hard look at your home. What stands out? Is there a specific feature that you can emphasize, or a negative aspect that may need to be downplayed? Is your yard neat and tidy or do you see areas that need to be trimmed, straightened or cleaned? Try to think as a potential buyer would—not as you prefer.

Make budget-friendly improvements

Any improvements you make to your home should provide at least a bit of return in your equity—or help buyers justify your asking price without a lot of haggling.  So if you can’t afford drastic changes, even subtle ones can make a big difference.

    Swap out an old front door, or just change the hardware if you are watching your pennies
    Update old mailboxes, door knockers, and house numbers
    Paint dingy or tired surfaces—a coat of paint can do wonders
    Wash dirty porches or siding to remove any stains or mildew
    Mow the grass regularly
    Remove any weeds from sidewalk cracks

If you have more money at your disposal, consider fresh landscaping, and add low-voltage lighting to provide a soft glow for evening shoppers.

With so many homes on the market today, it is essential to create an environment that makes your home stand out against the rest—proving to buyers that they will not only be purchasing a move-in ready residence, but that they are getting the biggest bang for their home-buying buck.

Monday, March 25, 2013

Ready to purchase a home?


Is Your Financial House in Order?  There are many great loans with little or nothing down are available to home buyers, you need to have good credit.  For at least one year prior to purchasing a home, you should assure that every credit card bill, rent check, car payment and other debt is paid in full and on time.  The next step is to…


  1. Find a Realtor; ask friends and family for a referral. 
  2. Start the loan process by getting pre-approved.
  3. Start visiting homes in your price point.
  4. Choose your home.
  5. Secure financing
  6. Make an offer.
  7. Order your home inspections.
  8. Select an Insurance company to insure your home.
  9. Proceed to closing.
  10. HOORAY!! You are now a home owner.     

        

Mortgage interest



In general, you can deduct interest charged on a loan used to acquire or improve your principal residence in the year that it is paid. In the early years of a loan, most of your monthly payment is interest, so this can really add up.   If you itemize on your taxes you are eligible to write off the interest you have paid on your home loan for the tax year.  The amount paid is 100% deductible from your tax liability.  This is truly nothing more than a subsidy to home owners, and it's a very popular deduction.