Founded in 1948, the Montgomery Area Association of REALTORSŪ is an organization with more than 1,100 members servicing Montgomery, Autauga, Elmore and Lowndes counties in central Alabama.
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How to Prevail in a Competitive Market Home shoppers are increasingly facing steep competition for the limited number of homes for sale. “Attempting to purchase a house in this type of market can make the already complex process of buying a home even more overwhelming,” the National Association of REALTORS® notes in a recent release. NAR offers up five suggestions for home buyers navigating today’s competitive market: 1. Stick to a budget. Have buyers get preapproved by one or more lenders to ensure eligibility. Be sure to also take into account extra costs of homeownership, such as taxes, utilities, and insurance. “When listings are scarce, bidding wars can drive up prices, so buyers must be prepared to walk away if the asking price surpasses their budget,” according to NAR. 2. Identify home wants versus needs.......
Everyone has heard the old saying, “if it sounds too good to be true, it probably is.” That old saying has never been more true than today. With a tough economy, money tight and everyone looking to save every dollar, real estate scams are increasing. The most common version we REALTORS® deal with is the rental property scam that begins on the internet.
When starting a home search the first view a buyer sees is typically the exterior. With that in mind sellers must take into consideration their home's curb appeal. Curb appeal can strongly influence a buyer's decision to view a home and the value of a property. It only takes a weekend to spruce up your own yard and improve curb appeal.