Huntsville Real Estate

A guide for local market conditions, MLS property searches, buying selling tips, and much more.

Entries Tagged as 'Buyer Tips'

Renting before Buying?

June 27th, 2008 · No Comments

Many people who are relocating to Huntsville decide to rent before buying and for many valid reasons. Perhaps selling your home is taking longer than planned, employment concerns may have temporarily separated working spouses in both locations, or you may wisely decide to simply live here and search the area for your ideal neighborhood.
Despite what […]

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Tags: Buyer Tips · Local Market Trends

Want an accurate value of a Huntsville home?

June 16th, 2008 · No Comments

Getting an accurate sense of the current market value of your existing or future home is part science and part art. If the home of interest is in a neighborhood of similar homes, it’s easier to establish value than if it’s in an area that has a wide variability in home size, style, and quality. […]

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Tags: Buyer Tips · Local Market Trends · Seller Tips

Huntsville Real Estate – Is Local

June 3rd, 2008 · No Comments

I know this will sound, like such a cliché, I mean who hasn’t heard that real estate is about: location, location, location. I mention location and price range as a mantra in so many posts that I realize it must get a bit tiresome. Nevertheless, it remains a truism no mater your whereabouts. E.g., […]

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Tags: Buyer Tips · Local Market Trends · Seller Tips

High Inventory lets Home Buyers Demand More

April 21st, 2008 · No Comments

Our local Huntsville Real Estate market does have some pent-up inventory as we head into the traditional Spring/Summer home selling season.Even though Huntsville is weathering the current national housing environment very well, local buyers are still more cautious about what they buy because they are aware of the more widespread market weakness and they know […]

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Tags: Buyer Tips · Local Market Trends · Seller Tips

Tips For Choosing a Builder in Huntsville Alabama

March 22nd, 2008 · No Comments

While we can never guarantee a smooth building experience, there are a few things you can do to cover your tracks when choosing a builder. If you feel you have been a victim of fraud, please report it.
When choosing a builder, always ask for references. If you know the areas in which a builder has […]

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Tags: Buyer Tips

Be Ready for Some Turbulence!

March 15th, 2008 · No Comments

What? We can’t guarantee a transaction with no problems? Well, you know the saying “The best laid plans of mice and men….” What we can offer is our seasoned experience when things get bumpy. We’ve seen or heard just about every problem out there. Here’s a list of 88. When […]

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Tags: Buyer Tips · Seller Tips

What is absorption rate?

March 2nd, 2008 · No Comments

Absorption Rate is a metric used by some real estate professionals to measure a market’s internal supply and demand. It basically utilizes the current inventory of homes (supply) and recent sales history (demand) to calculate the market’s current sales rate.
For example if a market has 1,000 current listings and a sales history of 2,000 homes […]

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Tags: Buyer Tips · Local Market Trends · Market Statistics · Seller Tips

Things to Understand about Homeowners Insurance

December 20th, 2007 · No Comments

1. Look for exclusions to coverage. For example, most insurance policies do not cover flood or earthquake damage as a standard item. These coverages must be bought separately.
2. Look for dollar limitations on claims. Even if you are covered for a risk, there may a limit on how much the insurer will pay. For example, […]

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Tags: Buyer Tips

Common Closing Costs for Buyers

December 18th, 2007 · No Comments

The lender must disclose a good faith estimate of all settlement costs. A check to cover your closing costs will probably have to be a cashier’s check. The title company or other entity conducting the closing will tell you the required amount for:

Downpayment.
Loan origination fees.
Points, or loan discount fees you pay to receive a lower […]

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Tags: Buyer Tips

Understanding Agency

December 16th, 2007 · No Comments

It’s important to understand what legal responsibilities your real estate salesperson has to you and to other parties in the transactions. Ask your salesperson to explain what type of agency relationship you have with him or her and with the brokerage company.

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Tags: Buyer Tips · Seller Tips