Homes for sale huntsville Huntsville Alabama Real Estate

Huntsville MLS Valley MLS
Visit www.Huntsville-Homes.com to search the Huntsville MLS and Valley MLS for Huntsville area Homes for sale.

What did you think the odds of renting it are and what would you consider the rate we can get for the rental?

We are approaching our slowest season and yours is a very unique property that will appeal to a limited number of renters. That being said we are still renting properties and getting good showing activity on most of our rentals. We do usually see a lull in activity around Thanksgiving, Christmas and New Years.

The link below is to two similar active rentals and several rented properties in northeast Madison County that have rented since 11/01/10. Given the time of year I suspect the market will bear something in the $1,200 to $1,350 range. In summer we could expect more.

http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115029450


Do you do full background/credit checks on any potential renters?

Yes, we do a credit and public records check, call rental and personal references and verify income and employment.

Have you had any bad renters and how do you deal with the situation when you get a bad renter, someone not paying the rent.

Yes we do run into problems on occasion. By far most of our problems are with the few modest income properties we manage. Our normal procedure is to send a nicely worded late notice that serves the legal purpose of an eviction notice around the 7th to 10th of the month if we haven't received payment. We follow with a phone call. Unless there is substantial reason to believe that payment in full is imminent, we will have filed the actual eviction by the first of the following month.

We must use an attorney for the filing and use Sara Taggart. The total cost of the eviction including filing fees and process service is in the $550 range. Evictions usually take from 30 to 60 days. Usually when the tenant receives notice of the filing from the court they begin to move and rarely show up for court.

What is you approach to marketing my home?

While print ads are marginally effective we do run newspaper and magazine ads directing prospects to our website. If you Google Huntsville Alabama Rental Homes we are the first result just under the paid ads. We get high traffic on teh website.

http://www.google.com/search?q=huntsville+Alabama+Rental+Homes&btnG=Search&hl=en&source=hp&gbv=2&rlz=1W1GTKR_enUS316&gs_sm=s&gs_upl=2939l2939l0l7364l1l1l0l0l0l0l185l185l0.1l1l0&oq=huntsville+Alabama+Rental+Homes&aq=f&aqi=g1&aql=

We also have an internet marketing company that posts our ads on around 30 real estate related sites. We manually post to Craigs List for better control of how that ad looks. We also post on the local MLS.

Huntsville Al Homes for sale
Huntsville AL MLS homes for sale real estate. Search the Huntsville MLS and request automated real estate search.

Huntsville Alabama Real Estate

 In general brick ranchers with a two car garage, open floor plan and as many amenities as possible are the best sellers. You may try visiting the Breland Homes website http://www.brelandhomes.com/communities.htm or some of their model homes to get an idea of what's selling.

Older buyers and those with young children prefer ranchers or possibly just one or two rooms upstairs.

I'm not sure where in southwest Huntsville you are but be very cautions not to overbuild as compared to the surrounding properties

The house is a total of 2,818 sf. There 900 sf of that is upstairs in a bedroom and and a bonus room.

The link below is to the listing .

http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7114970443

The house is near the Flint River but not near a flood zone. The map below shows the house and that it is well away from the nearest flood zone.





The link below is to the Google satellite image of the house. Note that the house does back up to Winchester Road. There is some distance, a fence and a couple of businesses between the house and Winchester Road but there will be traffic noise outside the house. Inside it is quiet.

http://maps.google.com/maps?q=163+FEDERAL+LANE,+HUNTSVILLE,+AL+35811&hl=en&ll=34.810245,-86.512152&spn=0.003709,0.014613&sll=34.616257,-86.41777&sspn=0.237903,0.674973&vpsrc=6&hnear=163+Federal+Ln,+Huntsville,+Madison,+Alabama+35811&t=h&z=17

The link below is to the Google street view of the house where you can use the controls to pan, zoom and increment down the street to see the rest of the neighborhood.

http://maps.google.com/maps?q=163+FEDERAL+LANE,+HUNTSVILLE,+AL+35811&hl=en&ll=34.809716,-86.511508&spn=0.000018,0.014613&sll=34.616257,-86.41777&sspn=0.237903,0.674973&vpsrc=6&hnear=163+Federal+Ln,+Huntsville,+Madison,+Alabama+35811&t=h&z=17&layer=c&cbll=34.810634,-86.511946&panoid=k8168QYLwMJukWSBN3QalQ&cbp=12,160.82,,0,0

View from Winchester Road.

http://maps.google.com/maps?q=163+FEDERAL+LANE,+HUNTSVILLE,+AL+35811&hl=en&ll=34.80939,-86.511068&spn=0.000018,0.010546&sll=34.810632,-86.511948&sspn=0.003744,0.014613&vpsrc=6&hnear=163+Federal+Ln,+Huntsville,+Madison,+Alabama+35811&t=h&z=17&layer=c&cbll=34.809287,-86.511387&panoid=--PpEf4AysrhMQYNaKYuHw&cbp=12,326.13,,0,0

Is there any additional information that I can provide or would you like to schedule a showing?

The link below is to other homes for sale in northeast Madison County that might be candidates for you. If you let me know what you are looking for in a home, I can search for you and set up an automated search for new listings.

http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7114970453

Huntsville homes for sale
Huntsville Alabama MLS search, Automated Real Estate Search, HomeValue and Real Estate Market Updates, Huntsville Alabama area Rental Homes, Property Management.

 Assuming that you will be commuting to Redstone Arsenal or Research Park and a 20 - 30 minute commute will be acceptable, the properties at the link below may be candidates for you. We lightly filtered the listings eliminating those in areas with struggling schools.

You can click on the photo on the listing for additional photos and on the address for a map of the approximate location of the property. On the map, you can click on hybrid for a satellite image overlay. In some cases there may also be an interactive street level image. You can click on the zip code to link to the US Census data for the zip code area.

http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115014264

Please let us know if we are on the right track with this search or if we need to make changes. We did increase the price range a little to account for negotiation.

We set up an automated search for properties that meet your search terms. If there is a new listing or a change to an existing listing that meets your criteria, you will receive an email. If you prefer not to receive the emails, just unsubscribe at the link at the bottom of each email. Please keep in mind that the automated searches will not be human filtered as the listings above were.

We thought you may have an interest in an excellent resource for researching schools http://www.schooldigger.com/go/AL/search.aspx .

Please let us know if you would like to schedule a showing or would like additional information on any property. We can research a properties listing history and provide a market value study based on recent sales of similar area homes. If you are not local we can preview properties and provide additional photography for you.

We always recommend that our clients have a professional home inspection including radon testing. We can recommend home inspectors who we have had positive experience with. If you need assistance in finding a trustworthy lender we can recommend those that have proven themselves in the care and service they have provided our past clients.

The following link is to testimonials of recent clients. The information may help you get to know us and the quality of our service as you begin your search for a new home. http://www.huntsville-homes.com/TESTIMONIALS

Huntsville Alabama Real Estate

The only rental in the neighborhood is one we rented last September. The link below is to that listing.
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115000625

At 2,872 it it a good bit larger than your 1,673 sf. It rented at $995 / month and took about 34 days to rent.

Late fall and winter are a little slower to rent properties but $895 may be within what the market will bear. We can try marketing at that price and see what kind of activity we get. We should have 2 - 3 showings per week. If showing activity is lower, we are probably priced too high.

The link below is to our webpage where we review our property management services and I have attached a blank copy of our standard management agreement for your review.

http://www.huntsville-homes.com/PropertyManagement


The listing went active 10/08/11. On 11/08/11 they dropped the price by a substantial $20,000. It might be that they are on a 30-day cycle.

There is always a risk involved in waiting out a overpriced listing but based on the detailed research we did, I think our estimate of market value is accurate. In addition, we are moving into the slow time of the year and we are still in a decidedly buyer's market.

There are 22 active listings in Madison in the $320,000 to $360,000 range. Take a look at 258 HERITAGE MILL DRIVE . It has some open space that will probably be developed at some point but it doesn't look like there is any active construction moving into the open space.

Summary
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115000396


Full listing.
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115000393

The other house on South Brook has been on market since 06/22/11 and has been on market at $399,900 / $105 per square foot since 10/21/11.

My thinking would be to wait another 30-days and see of there is another price reduction. If you are concerned with the risk of someone else making an offer I will be happy to draft the paperwork for another offer at $320,000.

I could also ping the listing agent and let him know we saw the price reduction and see if they would reconsider our offer. The issue there is that we are still $60,000 apart instead of $80,000.

This area is crime ridden with consistent events that reach the level of being in the local news. Last week there was a home invasion.

It is very hard to attract stable tenants in the area and one sees a high turnover of ownership of properties. We manage almost 400 investment properties in the Huntsville area and wouldn't consider managing units in this area.

While Huntsville has UAH, UAB Medical, A & M, Oakwood and Calhoun Community we are not a college town. The only concentrations of student housing I am aware of is on campus. Most students live in other parts of town and commute.

The link below is to the four active listings in Executive Hills.

http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7114979649

1500 ASCENT TRAIL is a foreclosure. The owner wasn't able to generate enough income from the property to support the mortgage. 1403 ASCENT TRAIL has been on market since 08/06/07 with two different realtors. 4430 BONNELL DRIVE has been on market since 11/23/09. 4431 TORRANCE DRIVE has been on market since 10/07/08.

The link below is to the only sales in the development in the past year. It was a foreclosure. The owner got into financial trouble with the unit, not an uncommon experience in the area.

http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7114979652

I work with a number of multi-family investors and it is difficult to find decent, well priced property in Huntsville. Most of the Multi-family sales I have done weren't posted in the MLS and if a well priced property in a decent area is posted, it sells very quickly

Please give me a call so we can set a time to meet. I have a full day but have flexibility in scheduling.

Map link to our office.

http://maps.google.com/maps?q=rosenblum,+35801&hl=en&ll=34.714137,-86.596255&spn=0.014851,0.058451&sll=34.713255,-86.591942&sspn=0.007426,0.021093&vpsrc=6&hq=rosenblum,&hnear=Huntsville,+Alabama+35801&t=h&z=15