The Best REALTORS in Baldwin County, Alabama
Fat Tuesday is March 1st 2022! Here are the Mardi Gras Parades scheduled for Baldwin County in 2022: February 18, 2022 at 6:45pm – Apollo’s Mystic Ladies – Daphne (According to the Daphne Public Works Department, Main Street will be closed at about 5pm as the parade assembles in the Civic Center parking lot for […]
Fat Tuesday is February 16 2021! This years’s Mardi Gras Parades scheduled for Daphne and Fairhope are cancelled. Instead, check out the homes that people have decorated for Yardi Gras instead! Here are the Mardi Gras Parades scheduled for Baldwin County in 2021: Cancelled – Apollo’s Mystic Ladies – Daphne (According to the Daphne Public […]
North Hills at Fairhope is an exclusive development of custom homes three miles from downtown Fairhope. The subdivision is protected from further development by a heavily wooded private family estate to the east and Auburn University land to the west. Lots in this neighborhood are zoned as R-1 Low Density Single-Family Residential. The subdivision is […]
Hilltop is a new custom home subdivision on South Section Street in Fairhope, AL with old growth live oaks and a canopy of longleaf pines shading Petiole Drive. The neighborhood is limited to 28 building lots and includes greenspaces and a crystal clear stream. To see the homes for sale, click here: https://alabama.movetobaldwincounty.com/i/homes-for-sale-in-hilltop-fairhope Lots are […]
Tom from Spanish Fort, AL asked: “How can I buy a condo that’s a pre-foreclosure or at auction?” Pre-foreclosure properties are generally defined as a property that has been served a notice of foreclosure, but the foreclosure sale has not yet taken place. You’ll see lots of these on Zillow. They are fool’s gold. I’ve […]
It all depends on when you think the crash is coming and how bad you think it will be. Let’s presume you can buy a property that meets the 2% rule (not unheard of in my local market). You buy a condo for $100,000 that rents for $2000 a month. The question then becomes how […]
Don’t. Search http://Auction.com and Hubzu.com separately for their listings. Zillow does an amazing presentation of the data that’s out there, and it’s dead on accurate for the listings they pull from the MLS, but the public notices for trustee auctions are notoriously inconsistent and as a result most of the data that’s published by aggregators (like Zillow) is just […]
Doing things out of order. The proper order is to first figure out how you’re going to pay for your home (generally getting qualified for a mortgage) and then start searching for homes. First time homebuyers frequently do this in reverse order and it leads to a lot of unnecessary heartache. In a hot market, […]
If you’re doing the work yourself (or managing the work), what you’re looking for is called a hard money lender. If you have substantial equity in the property, a hard money lender will fund a short term (12–24 months) loan to cover the rehab costs. The interest rate is above market, but that’s ok because […]
It’s a function of how long you’ll be in the property. If you’re in the property long enough to cover the selling expense, then you’re golden. Simple math, no appreciation in the property: $100,000 house/ $500 per month mortgage / $1000 per month rent / 10% or $10k in selling costs You will recover the […]
