Huntsville Real Estate Agent: 3 Myths About Selling Your Home That You Must Know

Huntsville Real Estate Agent: 3 Myths About Selling Your Home That You Must Know



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A lot of homeowners out there are under the impression that the winter is a bad time to sell. Others think that hiring a discount brokerage is the best way to put more money in your pocket after a sale. Both of these ideas are actually myths, and we’re here today to bust them. For starters, plenty of homes actually sell during the holiday season and I’d go as far as to say that it’s actually a great time to list.

Learn more:

Buying a Huntsville home? Search All Homes For Sale:

Selling Your Huntsville Home? Let us help you get started:

Amanda Howard
Amanda Howard Sotheby’s International Realty
3005 L&N Drive, Suite 1
Huntsville, AL 35801
Phone: 256-799-9000
Fax: 256-799-9001
www.RingTheTeam.com
www.AmandaHoward.com

Amanda Howard

7322 S Alabama Highway 79, Guntersville, AL, 35976

7322 S Alabama Highway 79, Guntersville, AL, 35976



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7322 S Alabama Highway 79 Contact Amanda Howard Sotheby’s International Realty for more information. 3005 (256) 799-9000 A lifetime of majestic trees and …

Amanda Howard

6122 Bay Village Drive Unit 108, Athens, AL, 35611

6122 Bay Village Drive Unit 108, Athens, AL, 35611



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6122 Bay Village Drive Unit 108

Contact Amanda Howard Sotheby’s International Realty for more information.
3005
(256) 799-9000

* 3 bedroom condo unit * View of the Tennessee River * Soaring ceiling * Crown molding * Master suite * Glambath * Double vanities * Separate shower * Jetted tub * Water front

Amanda Howard

6122 Bay Village Drive Unit 105, Athens, AL, 35611

6122 Bay Village Drive Unit 105, Athens, AL, 35611



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6122 Bay Village Drive Unit 105

Contact Amanda Howard Sotheby’s International Realty for more information.
3005
(256) 799-9000

* 3 bedroom condo unit * View of the Tennessee River * Soaring ceiling * Crown molding * Master suite * Glambath * Double vanities * Separate shower * Jetted tub * Water front

Amanda Howard

4900 12th Terrace S, Birmingham, AL, 35222

4900 12th Terrace S, Birmingham, AL, 35222



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4900 12th Terrace S

Contact Amanda Howard Sotheby’s International Realty for more information.
3005
(256) 799-9000

Welcome home to this completely renovated large rancher home in the highly sought after neighborhood Crestwood South. The Kitchen has been completely updated with all new appliances and also added a wine fridge to stock your favorite wines for when your entertaining and this is the house to entertain in! Master bathroom has been completed updated and has a spa feel. 2nd Master bedroom and full bath down stairs with a full den. Also has all new LED lighting through out the house which will dramatically lower your power bill. This beautiful home sits on a large 1/2 acre lot with a fenced in back yard with plenty of room for kids and pets to play, room for gardening, and plenty of sun light to help grow your vegetables in your home garden! If you are looking to buy and want to rent rooms out to your friends this is the house to do it. Plenty of room and convenient to shopping, food, and nightlife.

Amanda Howard

Make the right home buying decision

Make the right home buying decision



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– If you’ve been thinking about buying a new home in the near future, you are likely torn between two options. On one hand, buying a newly built home will take a lot of the stress out of the equation for you, but previously-owned homes consistently offer a better value. We’ve got some tips for you today to help you decide on what the right path for you should be. To get our advice on what kind of new home you should look into purchasing, watch this short video!

Buying a Huntsville home? Search All Homes For Sale:

Selling Your Huntsville Home? Let us help you get started:

Amanda Howard
Amanda Howard Real Estate
900-A Merchants Walk
Huntsville, AL 35801
Phone: 256-799-9000
Fax: 256-799-9001
www.RingTheTeam.com
www.AmandaHoward.com

Amanda Howard

Huntsville Real Estate Agent: What Does Equity Mean in Real Estate?

Huntsville Real Estate Agent: What Does Equity Mean in Real Estate?



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What is equity? If you’re a first-time home buyer, how can you get it? Equity is the difference between the market value of your home and the amount you owe to the lender on the mortgage. There are a variety of ways you can build equity in your. To learn more about equity and how you can build it, watch my latest video.

Amanda Howard
Amanda Howard Real Estate
900-A Merchants Walk
Huntsville, AL 35801
Phone: 256-799-9000
Fax: 256-799-9001
www.RingTheTeam.com
www.AmandaHoward.com

TRANSCRIPTION:

Today I wanted to cover a topic that’s very relevant to first-time home buyers: equity. What is it and how can you get it? If you haven’t experienced the buying, selling, or mortgaging processes before, let me break it down for you.

What does equity mean in real estate? Equity is the difference between the market value of your home and the amount you owe to the lender on the mortgage. If you were to sell your house, the equity would be the money that you would receive after you paid off the mortgage. It’s that difference between the market value and your mortgage payoff.

For example, let’s say the fair market value of your home is $200,000 and you owe $150,000 on your mortgage. That would make your equity is $50,000.

What is net equity? Net equity is different from gross equity in that it applies to the sellers—not the buyers. Net equity is the gross equity minus the cost of selling the home. These costs may include commissions for the Realtor, unpaid property taxes, any liens (should you have added an equity line of credit), and any items in the closing costs that you did not pass on to the home buyer.

Let’s say your same home from the example above sells for $200,000 and your mortgage on the home is $150,000. Your gross equity would be $50,000, but you may owe a commission of $12,000 to your Realtor, and along with your other closings costs, it could add up to another $3,000 in seller-paid costs. That would make your net equity $35,000. Net equity, as you see, is the amount you would pocket at the end of the sale.

Homeowners can build equity in a variety of ways. The first is through the down payment, or the money you put into the home that reduces the initial mortgage. For example, a 20% down payment on a home valued at $100,000 is $20,000. You would start with an equity of $20,000 and avoid the need of paying mortgage insurance. Your mortgage would be the remaining $80,000.

You can also build equity through mortgage payments. With each payment, you build equity by paying on the principal while also paying the interest on the loan and any insurance and/or tax payments you include in the total. Any extra payments on your mortgage payment can increase your equity quicker because they would go 100% toward your principal of the loan—not toward interest.

Home improvements are another way to build equity. If you make home improvements, that raises the fair market value of your home, which increases your equity. For example, let’s say you spend $50,000 on a kitchen remodel that increases the home’s market value by $30,000. You have raised your equity by $30,000, assuming you didn’t take out a home equity loan to pay for it.

Finally, you can build equity through simple market value appreciation. The fair market value of your home may rise because similar houses in your area start selling for more money. A lender may be willing to refinance your mortgage at a higher value, for example, or whenever you sell it. If you bought your house for $100,000 with a 20% down payment and similar homes in your area start selling at $120,000, your equity increases by $20,000 due to that rise in price.

If you’d like to know more about how to find that right house to build equity with, feel free to give us a call or visit us online. Until next time, make it a great week!

Amanda Howard

4 Home Improvement Tips that will Make You Money

4 Home Improvement Tips that will Make You Money



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– There are many improvements you can make to your Huntsville home, but not all of them will make your money back. You need to know which upgrades will get you the biggest bang for your buck and which will end up costing you money. In today’s blog, we share four investment tips that will help you maximize your results. Make the smart investment and increase the value of your home!

Buying a Huntsville home? Search All Homes For Sale:

Selling Your Huntsville Home? Let us help you get started:

Amanda Howard
Amanda Howard Real Estate
900-A Merchants Walk
Huntsville, AL 35801
Phone: 256-799-9000
Fax: 256-799-9001
www.RingTheTeam.com
www.AmandaHoward.com

Amanda Howard

8 Things Your Real Estate Broker Won’t Tell You

8 Things Your Real Estate Broker Won't Tell You



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– When purchasing a home, a good broker is a treasured resource — especially if it’s your first time! We assist as guides to the neighborhood and the home buying process in general. It can get a little complicated at times! We also know that mortgage brokers, inspectors and even listings that the public may not be aware of. While several people like to consider themselves “experts” in real estate, the business can be rather complex. It is best navigated by a true professional.

Amanda Howard
Broker/ Owner CRS, CDPE, e-Pro, GRI
Amanda Howard Real Estate
900 Merchants Walk, Ste. A | Huntsville, Al. 35801
256.799.9000 office | 256.799.9000 direct

Amanda Howard

Huntsville Real Estate Agent: The Best Value in the Country

Huntsville Real Estate Agent: The Best Value in the Country



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If you had $1.5 million to invest in real estate, where do you think you would get the best value? According to a recent NYT article, Alabama is the obvious choice. The real estate here is less expensive than in similar areas of Colorado and West Virginia. There are also countless investment opportunities here in Alabama.

ABOUT:

Amanda Howard Real Estate is a team of real estate specialists with a different approach. We have built our reputation on teamwork, dedication, and customer service. When you work with us, you are working with an entire group of professionals dedicated to your satisfaction. We work as a team to make sure one of the most important financial decisions of your life happens easily, quickly, and effortlessly.

Buying a Huntsville home? Search All Homes For Sale:

Selling Your Huntsville Home? Let us help you get started:

Amanda Howard
Amanda Howard Real Estate
900-A Merchants Walk
Huntsville, AL 35801
Phone: 256-799-9000
Fax: 256-799-9001
www.RingTheTeam.com
www.AmandaHoward.com

TRANSCRIPTION:
Today I’d like to play a little game of “what if” with you. Let’s say you had an extra $1.5 million to invest in real estate and based on educated data, narrowed your choices down to Colorado, West Virginia, and Alabama. Where do you think you will get the most bang for your buck?
If you guessed sweet home Alabama, you are right. Earlier this year, the New York Times researched 3 properties in Alabama, West Virginia, and Colorado. What they found was that the home in Alabama ($104 per square foot) was much more affordable than the homes in the other two states ($350 and $438, respectively).
Most of us don’t have this extra money lying around, but this story does lead us to our topic today: investing in local real estate.
Some of you may not be aware that we have an investment division at Amanda Howard Real Estate. Its purpose is to better serve our clients and their needs. Whether you are a seasoned investor or a new one, we will assist you with every aspect of this transaction so you get the quality client care that you deserve.
There are countless investment opportunities in Huntsville and Madison County. Be sure to check our investment page on our website, where you can find more information.
If you have any questions for us, feel free to give us a call or send us an email. We look forward to speaking with you soon!

Buying a Huntsville home? Search All Homes For Sale:

Selling Your Huntsville Home? Let us help you get started:

Amanda Howard
Amanda Howard Real Estate
900-A Merchants Walk
Huntsville, AL 35801
Phone: 256-799-9000
Fax: 256-799-9001
www.RingTheTeam.com
www.AmandaHoward.com

Amanda Howard

Huntsville Real Estate Agent: What’s Happening in the North Alabama Real Estate Market?

Huntsville Real Estate Agent: What’s Happening in the North Alabama Real Estate Market?



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Today I’m here with your market overview, comparing last year’s statistics to this year’s market. Our market has seen a few variations over the last 12 months. Inventory has crept up slightly, as have days on market. The market is shifting slightly towards a buyer’s market. To find out all of the details, watch this short video.

Buying a Huntsville home? Search All Homes For Sale:

Selling Your Huntsville Home? Let us help you get started:

Amanda Howard
Amanda Howard Real Estate
900-A Merchants Walk
Huntsville, AL 35801
Phone: 256-799-9000
Fax: 256-799-9001
www.RingTheTeam.com
www.AmandaHoward.com

Amanda Howard