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Sell Your House in Birmingham for Cash

Author: Cahaba Home Buyers

Importance of Lawn Care in Selling your House

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Homeowners trying to sell their house in today’s market need to take advantage of any opportunity possible to attract buyers.  When there are a lot of houses out there competing with you, creative solutions are necessary. Probably the easiest and quickest way to make your property stand out is through lawn care.  “Beautifying” the lawn … Continued

Birmingham Real Estate Market update for May 2012

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The report on Birmingham area real estate has been released by Market Trends for May 2012. Overall real estate sales increased 13% versus May of 2011.  Inventory, or the houses available for sale, is down by about 3,000 houses versus last year.  This is a positive move for sellers. The days on market (time it … Continued

Birmingham Real Estate Market Update for April 2012

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Market Trends has released their latest report on Birmingham real estate for the month of April 2012. Total sales improved 20% versus April of last year, which is quite significant.  Unit sales (the number of houses sold) was up 15%. Used homes have about a 10 month supply, which is better than 14 months supply … Continued

A third of homeowners are underwater (negative equity)

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According to a new report, almost one-third of homeowners in the U.S. are underwater. This happens when the balance on the mortgage is greater than the market value of the house.  Think of it as “negative equity.” Despite this, most homeowners are current on their mortgage payments. Fortunately, if you find yourself in this situation … Continued

Important numbers for mortgages — 720 and 20

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These days there are two important numbers for those seeking mortgages — 720 and 20. That’s a credit score of 720 and a 20% down payment.  That is what it takes to give buyers the best shot at getting a home loan. If you are trying to sell your house and finding that all your … Continued

Banks Working to Make Short Sales Faster

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Oftentimes the last ditch option to save a house from foreclosure is to do a “short sale”, where the bank allows the house to be sold for less than what the loan balance is.  This is a technique that we specialize in. If you are facing foreclosure and have no other options left, call us … Continued

Birmingham Real Estate Sales projected to increase in 2012

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The Alabama Real Estate Market Trends blog has published their projections for real estate sales in Birmingham for 2012. They are projecting sales to increase 16% in Birmingham, versus 13% for the entire state. These projections are based on an decreasing unemployment late, which they have found to be closely correlated with increased real estate … Continued

What to Know about Cancellation of Mortgage Debt

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Sometimes a lender will forgive a portion of your mortgage debt.  This typically happens in a “short sale”, which occurs when a property is sold for less than the mortgage balance.  This is common in situations where houses either need a lot of repairs and updates or are “underwater” or “upside down” due to high … Continued
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