Even better reason why it's a great time to buy in Auburn, AL! Home prices are typically very negotiable, inventory is high, and look at these rates that were published yesterday: 15 year conventional 4.25% 15 year FHA 4.375% 30 year conventional 4.875% 30 year FHA 5% 5 year arm 3.75% 7 year arm 4.25% Continue Reading about Rates Drop Again!
FORECASTS THAT FED WILL INCREASE RATES
"BE WILLING TO MAKE DECISIONS." General George Patton. And that's exactly what the Fed did last week at their regularly scheduled Federal Open Market Committee meeting. But just what did they decide...and what do their decisions mean for home loan rates? The Fed said they are going to ration out the remaining commitment of Mortgage Backed Security purchases through the first quarter of 2010. Continue Reading about FORECASTS THAT FED WILL INCREASE RATES
Much Needed help for Struggling Homeowners
http://www.brokeragentsocial.com/article.php?article_id=503 This article discusses in understandable language (thankfully!) a program that was put into place in March to help homeowners find out if they qualify for restructuring of their mortgage. It has phone numbers where people can call to see if they qualify. Excellent news, and we need some! Continue Reading about Much Needed help for Struggling Homeowners
651 Kalypso Circle
Take a look at this wonderful home in Kalypso subdivision in Auburn, AL! Home has been well maintained and features many upgrades. Great lot with a full fenced in backyard. Home also has a large rear deck perfect for entertaining. Home sits back on one of the larger lots in the neighborhood. Well designed functional floor plan make this home stand apart from the rest! Neighborhood association dues Continue Reading about 651 Kalypso Circle
802 West Longleaf Dr. Unit #55
Leased at $1200 per month until August 2013. Wonderful investment opportunity! 4 bedroom 4 bathroom unit features large open living area with high ceilings. It is located on the tiger transit route. Unit in excellent condition and very clean! Backs up to the woods with lots of privacy. All appliances sold with house. HOA includes water, garbage, and yard maintenance. Condo fee $110 and water $80 Continue Reading about 802 West Longleaf Dr. Unit #55
Time is Running Out!
If someone told you they would be willing to give you free money most people would just laugh and move on. Well in the case of the homebuyer tax credit, it really is free money. I am sure most of you have heard about it. Currently we are working with several first time home buyers who are eligible for the credit but are unsure about the details. I wanted to include the basic who, what, when and Continue Reading about Time is Running Out!
August Housing Statistics Available for Auburn, Opelika, and Lee County
Under the "Resources" link on our homepage, there is a choice on the drop down menu for "monthly housing stats." Each month, we post these. Here is the latest link: https://www.realestateinauburn.com/resources/monthly-housing-stats/ The condo market is still chilly, but houses in Auburn and Opelika continue to sell. Sales were hopping at the beginning of the third quarter, then things cooled Continue Reading about August Housing Statistics Available for Auburn, Opelika, and Lee County
Auburn, AL voted one of the best places to live!
Auburn, AL was just named the second best place to live in the United States by U.S. News and World Report! Pretty cool! Here's the full story…. http://www.usnews.com/money/personal-finance/real-estate/articles/2009/06/08/best-places-to-live-2009.html Continue Reading about Auburn, AL voted one of the best places to live!