Walker Properties LLCI am a Huntsville, Alabama-based realtor who deals with residential, commercial, multifamily, land/lots and rental real estate. My company, Walker Properties LLC, also redevelops commercial properties.FHA Loans- August 26, 2008 In our office in North Al. we are seeing about 3 out of 5 real estate sales being financed FHA. This by itself is not a problem but it means making your sellers aware that there is an extra inspection of their property to insure FHA compliance. There must be at least 18" of crawl space, no chipping or peeling paint, no cracked glass and all windows and doors in operable condition. No open flame heating as the primary heating source is allowed and there must be a heating system in operable...http://bwalkerllc.com/2008/08/fha-loans.html Upturn in Hsv., AL. Market- August 20, 2008 The Huntsville market is seeing new signs of life. The days on the market data (MLS) is slowly stabilizing. We are currently at 100 days on the market, which had been climbing nearly every month for the last year is now actually beginning to go down. This translates into Huntsville being a "neutral" market for buyers and sellers, i.e. a healthy, normal market. This is not true in many places but it seems to be holding here. The massive government involvement in our area helps blunt the economic.http://bwalkerllc.com/2008/08/upturn-in-hsv-al-market.html Foreclosure Market Down in Huntsville- August 12, 2008 With all of the fanfare nationwide about foreclosures, here in the N.Alabama market, we are seeing a downturn. A quick look at the foreclosures offered, show less than 100 houses in the REO category, out of approx 4500 houses for sale. Since the first of the year from all I can tell in my brokerages experience and others, about half the houses sold are being FHA financed. THis translates into having to prepare my sellers for the extra inspections imposed by govt. backed financing. By...http://bwalkerllc.com/2008/08/foreclosure-market-down-in-huntsville.html |