These were the existing Homes for Sale November 2014 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, Stone River, 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 likelihood 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.
November 2014 Home Sales Zip Code 36092 Wetumpka, AL
November 2014 Home Sales Zip Code 36093 Redland Wetumpka, AL
These were the existing Homes for Sale in November 2014 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 likelihood 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.
November 2014 Home Sales Zip Code 36109 Montgomery, AL
These were the existing Homes for Sale November 2014 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 likelihood 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.
November 2014 Home Sales Zip Code 36117 Montgomery, AL
These were the existing Homes for Sale November 2014 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 likelihood 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.
Holiday Tree Safety
Fresh holiday trees are beautiful, smell great and really add to the spirit of the season. Following some proven safety tips might help you avoid a disaster and keep the Grinch away.
- Select a tree with fresh green needles that don’t fall off when touched or when the trunk is tapped on the ground.
- When trees are cut too early, they have a greater risk of drying out and can become more dangerous especially with electrical lights.
- Cut 1” to 2” off the base of the tree before placing it in the stand to facilitate it drawing water to the limbs and quills.
- Trees require water similar to cut flowers or they’ll dry out. Tree stands should hold at least one gallon of water and it should be checked every day. A six foot tree could use up to a gallon of water every two days.
- Position the tree a minimum of three feet or further from heat source like fireplaces, space heaters, heat vents or candles. Do not allow the tree to block an exit.
- Lights should be labeled from an independent testing laboratory and intended for indoor use.
- Follow manufacturer’s recommendations for how many strings of lights can be connected to each other.
- Turn off all tree lights when you go to bed or leave the home.
- If the tree becomes dry and begins shedding needles, it can be a fire hazard and should be removed from the home. Even if the holidays are not over, it is not worth the risk to keep it in your home.
- After the gifts have been opened, don’t return the paper and boxes under the tree.
- Remove the tree as soon as possible after the holidays.
- Trees should never be burned in a fireplace. The trees will burn very hot and quickly when they are dry and could spread outside of the fireplace which could cause an unfriendly fire.
- Check to see if there is a recycling program for holiday trees in your community.
The National Fire Protection Association reports that “one of every three home Christmas tree fires are caused by electrical failures and a heat source too close to the tree causes roughly one in every six of the fires.”
Verify with Your Lender
If you have a mortgage with an escrow account to pay your property taxes and insurance, you expect the company servicing your loan to pay this year’s taxes this year so that you can deduct them on your 2014 income tax return. After all, your monthly payment includes 1/12 the annual amount so there will be money available for them to be paid on time.
IRS requires that expenses must actually be paid in the year that a deduction is to be taken.
The predicament occurs when you’ve made your payments but the mortgage company didn’t pay the taxing authority in the tax year they were due. If they paid your 2014 taxes in January of 2015, they wouldn’t be deductible for you until you file your 2015 income tax return.
Verify with your lender after you make the December payment that they did indeed pay your property taxes. The question for your lender’s customer service is: “Have you or will you pay the 2014 property taxes this year so I’m eligible to deduct them on my 2014 income tax return?”
Consider an Adjustable Rate
With fixed rate mortgages as low as they are, most purchasers or owners wanting to refinance might not even consider an adjustable rate loan. The determining factor should be how long the person plans to be in the home and which mortgage will provide the cheapest cost of housing.
For instance, if you compare a $300,000, 30 year term mortgage with a 4.125% rate on the fixed and a 3.25% on the 5/1 adjustable, the breakeven point would be almost seven years assuming the rates adjusted the maximum that they could in each year.
Therefore, if a person is going to stay in the house less than 7 years, the ARM would provide the cheapest cost of housing. This example shows that at the end of five years, the ARM would generate almost $13,000 savings over the fixed-rate.
On the other hand, this could be a good time for homeowners with an existing adjustable rate mortgage to consider refinancing into a fixed-rate mortgage. The longer that they intend to stay in their home, the more advantageous it might be for them to convert their mortgage to lock-in their payment and fix their housing costs.
A trusted mortgage professional can analyze the alternatives to provide you with the information necessary to make a good decision. You can try the Adjustable Rate Comparison with your own numbers to see the effect.
October 2014 Home Sales Zip Code 36117 Montgomery, AL
These were the existing Homes for Sale October 2014 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 likelihood 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.
October 2014 Home Sales Zip Code 36109 Montgomery, AL
These were the existing Homes for Sale October 2014 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 likelihood 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.
October 2014 Home Sales Zip Code 36093 Redland Wetumpka, AL
These were the existing Homes for Sale in October 2014 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 likelihood 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.
