These were the existing Homes for Sale February 2013 for Zip Code 36109 in Montgomery including subdivisions Forest Hills, Lakeview Heights, Dalraida, Johnstown, Morningview, Bell Hurst, County Downs,Fox Hollow, and Carol Villa. How to use: Find the Price Range in which your home falls. This will show the number of active listings (your competition if you are selling), the number of homes that closed in the last 90 days, the number of homes that close on average in a month, the Percentage Closed Monthly (the likelyhood that one home will close in a month), and the Months of Inventory (how many months worth of homes to sell if no other homes come on the market). A high Months of Inventory figure indicates a better chance for a bargain if you are buying. For a personalized report, feel free to contact me.
February 2013 Home Sales Zip Code 36109
February 2013 Home Sales Zip Code 36117
These were the existing Homes for Sale February 2013 for Zip Code 36117 in Montgomery including subdivisions Montgomery East, Halcyon, Halcyon Summit, Copperfield, Dexter Ridge, Woodmere, Bellwood, Thorington Trace, Deer Creek, Lake Forest, Arrowhead, Towne Lake, Somerset, Wynridge,and Wynlakes. How to use: Find the Price Range in which your home falls. This will show the number of active listings (your competition if you are selling), the number of homes that closed in the last 90 days, the number of homes that close on average in a month, the Percentage Closed Monthly (the likelyhood that one home will close in a month), and the Months of Inventory (how many months worth of homes to sell if no other homes come on the market). A high Months of Inventory figure indicates a better chance for a bargain if you are buying. For a personalized report, feel free to contact me.
Risk of Buying Foreclosed Property
In Alabama, there is a 12 month period where anyone who had a title interest or any entity that had a lien on a property when it was foreclosed can redeem the title to the property through “Right of Redemption”. This does not have to be the person who had the mortgage, and these rights can be purchased by a third party so there is no real protection should someone want to acquire the rights and redeem the property.
If redeemed after the new purchaser has bought the property, the person who bought the property would have to move out and find another home.
If the person who bought the property paid more for it than the “Redemption Value” of the property, they would not be made whole for the difference between what they paid and the required amount to redeem the property through Right of Redemption.
The Surety Bond used to induce lenders to finance foreclosed property protects the lender but not the buyer against loss if the property is redeemed. The borrower must buy their own bond if they want to be financially protected.
Property that has been foreclosed often sits idle for many months prior to being placed on the market. To save money the lender usually turns off all systems and leaves them idle until a buyer has been found.
Plumbing and septic systems that have been left idle when first reactivated and inspected often appear to function properly only to fail when used under normal stress of an occupied home.
Heating and air conditioning systems when left idle often corrode internally in the heavy humidity of the South and will function for a short period and then fail once they are put back in full time service.
Homes left without the air conditioning system running often develop mold and other wood destroying fungus once the humidity is allowed to build up over time.
The risks associated with title and systems can often result in thousands of dollars either at risk for loss or at risk to be spent on costly repairs. When comparing a home that is lived in and not left idle, the few thousand dollars saved to buy a foreclosure is not worth the risk.
January 2013 Home Sales Zip Code 36117
These were the existing Homes for Sale January 2013 for Zip Code 36117 in Montgomery including subdivisions Montgomery East, Halcyon, Halcyon Summit, Copperfield, Dexter Ridge, Woodmere, Bellwood, Thorington Trace, Deer Creek, Lake Forest, Arrowhead, Towne Lake, Somerset, Wynridge,and Wynlakes. How to use: Find the Price Range in which your home falls. This will show the number of active listings (your competition if you are selling), the number of homes that closed in the last 90 days, the number of homes that close on average in a month, the Percentage Closed Monthly (the likelyhood that one home will close in a month), and the Months of Inventory (how many months worth of homes to sell if no other homes come on the market). A high Months of Inventory figure indicates a better chance for a bargain if you are buying. For a personalized report, feel free to contact me.
January 2013 Home Sales Zip Code 36109
These were the existing Homes for Sale January 2013 for Zip Code 36109 in Montgomery including subdivisions Forest Hills, Lakeview Heights, Dalraida, Johnstown, Morningview, Bell Hurst, County Downs,Fox Hollow, and Carol Villa. How to use: Find the Price Range in which your home falls. This will show the number of active listings (your competition if you are selling), the number of homes that closed in the last 90 days, the number of homes that close on average in a month, the Percentage Closed Monthly (the likelyhood that one home will close in a month), and the Months of Inventory (how many months worth of homes to sell if no other homes come on the market). A high Months of Inventory figure indicates a better chance for a bargain if you are buying. For a personalized report, feel free to contact me.
January 2013 Home Sales Zip Code 36093
These were the existing Homes for Sale in January 2013 for Zip Code 36093 in Redland, Wetumpka, and Elmore County including the subdivisions Emerald Mountain, Blue Ridge, Mitchell Creek Estates, Grand Ridge, Jasmine Hill, Stonegate, Windsong Ridge, Wildwood, Harrogate Springs, Jackson Trace, and Brookwood. How to use: Find the Price Range in which your home falls. This will show the number of active listings (if you are selling this is your competition), the number of homes that closed in the last 90 days, the number of homes that close on average in a month, the Percentage Closed Monthly (the likelyhood that one home will close in a month), and the Months of Inventory (how many months worth of homes to sell if no other homes come on the market). A high Months of Inventory figure would indicate a chance of a better bargain for a buyer. For a personalized report, feel free to contact me.
January 2013 Home Sales Zip Code 36092
These were the existing Homes for Sale January 2013 for Zip Code 36092 in Wetumpka, Holtville, Dozier, Wallsboro, Lake Jordan and Elmore County including subdivisions Cotton Lakes, Jordan Trace, River Oaks, Macon Place, Cherokee Estates, Country Club Estates, Cadens Creek, and Foxfire. How to use: Find the Price Range in which your home falls. This will show the number of active listings (your competition if you are selling your home), the number of homes that closed in the last 90 days, the number of homes that close on average in a month, the Percentage Closed Monthly (the likelyhood that one home will close in a month), and the Months of Inventory (how many months worth of homes to sell if no other homes come on the market). A high Months of Inventory figure indicates a better chance of a bargain if you are buying. For a personalized report, feel free to contact me.
January 2013 Home Sales Zip Code 36067
These were the existing Homes for Sale January 2013 for Zip Code 36067 in Prattville and Autauga County including subdivisions Camellia Estates, Live Oak, The Oaks of Buena Vista, Aspen Ridge, Bridge Creek Reserve, and Hearthstone How to use: Find the Price Range in which your home falls. This will show the number of active listings (your competition if you are selling), the number of homes that closed in the last 90 days, the number of homes that close on average in a month, the Percentage Closed Monthly (the likelyhood that one home will close in a month), and the Months of Inventory (how many months worth of homes to sell if no other homes come on the market). A high Months of Inventory figure means a better chance of a bargain for a buyer. For a personalized report, feel free to contact me.
January 2013 Home Sales Zip Code 36066
These were the existing Homes for Sales January 2013 for Zip Code 36066 in Prattville and Autauga County including subdivisions Greystone, Riverchase, Woodland Heights, Silver Hills, Eastwood, The Homeplace, and The Villas at Brookstone. How to use: Find the Price Range in which your home falls. This will show the number of active listings (your competition if you are selling), the number of homes that closed in the last 90 days, the number of homes that close on average in a month, the Percentage Closed Monthly (the likelyhood that one home will close in a month), and the Months of Inventory (how many months worth of homes to sell if no other homes come on the market). A high Months of Inventory figure means a better bargain for buyers. For a personalized report, feel free to contact me.
January 2013 Home Sales Zip Code 36064
These were the existing Homes for Sale January 2013 for Zip Code 36064 for Pike Road and eastern Montgomery County including subdivisions Bon Terre, Woodland Creek, Bridle Brook, Avalon, Merrywood, Foxwood Providence and The Waters. How to use: Find the Price Range in which your home falls. This will show the number of active listings (your competition if you are selling), the number of homes that closed in the last 90 days, the number of homes that close on average in a month, the Percentage Closed Monthly (the likelyhood that one home will close in a month), and the Months of Inventory (how many months worth of homes to sell if no other homes come on the market). A high Months of Inventory figure indicates a chance for a better bargain for a buyer. For a personalized report, feel free to contact me.
