Homes for sale in Huntsville AL; Huntsville AL MLS news.

Thursday, December 29, 2011

Huntsville AL homes for sale

Huntsville AL homes for sale BBB scam warning December 29, 2011
December 29th, 2011 4:20 PM
Huntsville AL homes for sale BBB scam warning December 29, 2011

BBB Warns of Phone Scam
BBB of North Alabama Warns Accredited Businesses & Employees of Microsoft Phone Scam
How does the scam work? The caller impersonates a microsoft representative and claims there is a serious virus or issue with the consumer’s computer. The caller may warn that if the problem is not solved, the computer will become unusable. In more recent calls, they have claimed that the individual receiving the call has had their account hacked into and bogus messages with viruses attached are being sent out to others in their name. To “fix” the problem, the consumer is directed to visit a website or download a program that gives the caller remote access to log in to the computer. In some cases, the consumer is then offered a preventative service for a fee. The scam: The caller does not work for Microsoft. Never give personal or financial information to an unsolicited caller. Don’t agree to purchase over the phone.
-Report fraudulent activity: Complaints can be filed with the Federal Trade Commission at www.ftc.gov.Internet and e-mail scams can be reported to the Internet Crime Complaint Center at www.ic3.gov.Complaints about a specific business can be filed at www.bbb.org.


huntsville alabama homes for sale flood map

Huntsville Al homes for sale
Homes for sale in Huntsville Huntsville Houses We can assist you in finding Huntsville houses that will meet your needs and price range.You can search the entire Huntsville MLS for houses on your own without having to register. If you prefer we can set up an automated search for Huntsville Homes for you.
Huntsville homes for saleHuntsville Alabama MLS search, Automated Real Estate Search, HomeValue and Real Estate Market Updates, Huntsville Alabama area Rental Homes, Property Management
Huntsville Homes For SaleHuntsville Alabama MLS search, Automated Real Estate Search, HomeValue and Real Estate Market Updates, Huntsville Alabama area Rental Homes, Property Management.

Huntsville Alabama homes for sale

Filed under: huntsville al homes for sale,huntsville alabama homes for sale — Philip Winburn @ 9:10 pm Tags: huntsville al homes for sale. huntsville alabama homes for sale

Wednesday, December 28, 2011

HUNTSVILLE HOMES FOR SALE

Huntsville homes for sale; Profitable multifamily investment property in Huntsville is difficult to find. December 28, 2011
Filed under: Homes for sale in Huntsville AL,huntsville al homes for sale,Huntsville homes,Investment property in Huntsville — Philip Winburn @ 2:16 pm Edit This

Big fish at Guntersville Lake
I’ve worked with a lot of out of area investors looking for multifamilyproperty in Huntsville. One most be extremely cautious. Most of theavailable properties are in undesirable areas where it is very difficult tofind stable tenants. There is a high turnover and make ready costs betweentenants can be a cash flow killer. It’s rare that well priced properties indecent areas are posted on MLS. Most sales of desirable properties are aresult of word of mouth.
The other issue is finding hands on, consistent property management. Thereare few local managers willing to handle multifamily. From our perspectivethey are a poor investment of resources. It takes at least twice as manyresources to manage a $400 – $500 rental as it does to manage a $2,000rental. Our income from cheaper properties is a fraction of what we earn onthe larger homes.
There are only a handful of local managers that are taking on multifamilyproperties. It’s hit and miss on weather their clients are happy with theirservice.
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.
I do have friends who own a good bit of C class property Huntsville homes for sale that seem to have ahandle on managing them. They have a few properties listed, more that couldbe sold and indicated a willingness to continue management at least for atime. I’ve tried to convince them to do outside management because there issuch a need but they have their hands full with the properties they have andtwo sons involved in football and wrestling. Please let me know if you mighthave an interest in their properties.
I work mostly in single family properties. The cash flow may not be as goodas multifamily but appreciation, liquidity and ease of management are muchbetter.
Valley Mls, Huntsville Mls SearchValley mls, huntsville mls search; valley mls has limited features and can be difficult to use. If you have trouble or aren’t sure where to start just let us know what you are looking for and we will help. Http://www. Huntsville-homes. Com

Tuesday, December 13, 2011

Homes for sale in Huntsville al

Homes for sale in Huntsville AL; Multi family properties,
December 13th, 2011 6:26 PM
Homes for sale in Huntsville AL; Multi family properties,
the link below is to a map of the location and Google's interactive street view. ( The house is located in south Huntsville.)http://maps.google.com/maps?q=4023+HUNTERS+RIDGE+DRIVE,+HUNTSVILLE,+AL+35802&hl=en&ll=34.679382,-86.579304&spn=0.030068,0.084372&sll=37.0625,-95.677068&sspn=29.716225,86.396484&vpsrc=6&hnear=4023+Hunters+Ridge+Dr+SW,+Huntsville,+Alabama+35802&t=m&z=14The unit came on the market 12/07/11 and last sold in 07 at $260,000.http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115119593The link below is to a summary of MLS activity in the complex in the past 12 months. There have been no sales. I had to look back to 2008 to find any sales. (The market for multi-family has crashed since then.)http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115119598I would urge caution in this neighborhood. It is a relatively large development with many different owners. Some owners are better than others in tenant screening and maintenance. The area seem stable but it will take a strong, consistent hands on manager to make this unit profitable.The link below is to a unit in a much better area that might be worth a closer look.

Sunday, December 11, 2011

huntsville homes for sale

With market values going down in most markets, taxpayers would like to turn the sale of a personal residence loss (which is not deductible) into a capital loss (which is deductible) but it could potentially backfire if it is not handled correctly
December 11th, 2011 10:12 AM
With market values going down in most markets, taxpayers would like to turn the sale of a personal residence loss (which is not deductible) into a capital loss (which is deductible) but it could potentially backfire if it is not handled correctly
Active participation standards are met if the taxpayer or the taxpayer’s spouse participates in management of the rental property in a significant and bona fide sense. For example, management decisions such as approving new tenants, deciding on rental terms, approving expenditures, and similar decisions meet active participation standards.
This said it is important that simply “saying” you perform these duties is not adequate. They must be documented in the form of signed leases, emails approving expense, rental and property management decisions, approve repairs and maintenance quotes, etc. Documentation is key to preventing the IRS from disallowing these deductions. Simply put the IRS cannot audit air, only what is documented.
This does not prevent homeowner’s from engaging in a property manager to assist them with operating the property but they must stay involved.
Lastly the $25,000 special loss allowance benefit begins to be reduced starting at a $100,000 of adjusted gross income for someone married filing joint and completely phases out at $150,000 Adjusted gross income. AGI.
There is a difference between a Huntsville homes for sale being treated as an investment/rental property and rent incidental to a sale. A six month lease would probably be considered as rent incidental to a sale. This expenses would just increase basis of the personal residence. Leases should be for at least a year.
Each situation has specific circumstances and this information should be reviewed with a qualified tax professional before relying on it’s accuracy and application This is general information about meeting the “active participation” standards which would allow a real property owned to deduct these losses.
There are additional specific situations that can affect these rental losses as well which need to be looked at on a case by case basis. The most important thing is the need to have supporting documentation for these rental real property activities
You’ve got to be careful about turning a personal residence into a capital gain asset. I know that with market values going down taxpayers would like to turn the sale of a personal residence loss (not deductible) into a capital loss (deductible) but it could potentially backfire if it is not handle correctly. The other the timing between converting a personal residence to rental property and the sale of that same property.
The bottom line is the IRS will look at the facts and circumstances of a taxpayer’s position and if they deemed as tax avoidance they will disallow that position.
The information provided in here is stated in general terms. We are not tax professionals and readers must contact a qualified tax professional before relying on this information

Saturday, December 10, 2011

Valley MLS, Huntsville MLS Search

Valley MLS, Huntsville MLS Search Morgan County Tax records show a construction date of 1971.The flood map below shows the closest flood zone is about 4,000' away.



I have a call into the listing broker regarding a storm shelter.

The link below is to a nearby storm shelter company. Their shelters are $6.999.

http://www.safetyshelter.com/ss.html


The link below is to the Google satellite image.

http://maps.google.com/maps?q=1251+NANCEFORD+ROAD,+HARTSELLE,+AL+35640&hl=en&ll=34.419863,-86.958992&spn=0.001987,0.005273&sll=37.0625,-95.677068&sspn=31.28862,86.396484&vpsrc=6&hnear=1251+Nance+Ford+Rd+SW,+Hartselle,+Alabama+35640&t=h&z=18


The link below is to the Google street view.

http://maps.google.com/maps?q=1251+NANCEFORD+ROAD,+HARTSELLE,+AL+35640&hl=en&ll=34.419304,-86.957981&spn=0.000009,0.005273&sll=37.0625,-95.677068&sspn=31.28862,86.396484&vpsrc=6&hnear=1251+Nance+Ford+Rd+SW,+Hartselle,+Alabama+35640&t=h&z=18&layer=c&cbll=34.419304,-86.957981&panoid=Vj0gA6GIRvaEFlJ9Zkppiw&cbp=12,318.84,,0,0

Google estimates 36 min to Redstone Arsenal / Research Park.

http://maps.google.com/maps?saddr=I-565+W&daddr=1251+NANCEFORD+ROAD,+HARTSELLE,+AL+35640&hl=en&sll=34.611736,-86.7453&sspn=0.507476,1.349945&geocode=FTCUEQIdXnLV-g%3BFUQ1DQIdTh_R-il75727tiuIiDF_xIyQ0zV5yQ&vpsrc=0&mra=dme&mrsp=0&sz=10&t=h&z=10

The house has been on the market since 07/10/10 and was originally listed at $389,000

The link below is to the listing where the current owner bought the house on 10/13/2005 for $297,550 with his seller paying $7,650 of his closing costs. seller's break even point on a sale will be in the $325,000 range exactly where the house is listed now.

http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115077614

Please let me know if there is anything else I can be doing for you.

Valley MLS, Huntsville MLS Search

Valley MLS, Huntsville MLS Search

Valley MLS, Huntsville MLS Search

Valley MLS, Huntsville MLS Search

Huntsville al homes for sale

Huntsville AL homes for sale ; Research of suburban Huntsville home for sale located beside drainage easement
December 10th, 2011 12:03 PM
Huntsville AL homes for sale ; Research of suburban Huntsville home for sale located beside drainage easement December 10, 2011
Huntsville Houses We can assist you in finding area Huntsville houses that will meet your needs and price range.You can search the entire Huntsville MLS for houses on your own without having to register.
The active listing for 122 CLUBHOUSE LANE is a short sale listing meaningseller is asking lender to allow the house to be sold for less that the loanpayoff. A few lenders handle short sales efficiently but most are verydifficult to work with. It’s common for lender to have multiple offerssubmitted for several months before moving forward on approving the offerthat nets the highest amount from a sale. There is no guarantee that lenderwill accept any offer.
The process of making an offer on a short sale listing is like a blind bidauction with no set end date and an unknown seller reserve.
The house was originally listed on 05/25/11 for $224,900. There have beenthree price reductions to the current $205,000 / $79 per square foot.
The link below is to the listing where the current owner purchased the housein 2008 for $245,000.
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115087710
The link below is to a quick summary of all MLS Huntsville AL homes for sale activity in the neighborhoodsince 12/01/10. There were four sales at an average $84 per square foot anda range of $76 to $87 per square foot. The sold homes were on the market anaverage of 102 days with a range of 36 to 237 days.
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115087711
At $79 per square foot the house is priced below the average sold price butabove the lowest sale.
The attached image is a topographic map of the property location with aflood map overlay. While the house is amount 600' from the nearest floodzone it is adjacent to a drainage ditch that serves three neighborhoods andextends north about 4,000'. Valley Mls, Huntsville Mls SearchValley mls, huntsville mls search; valley mls has limited features and can be difficult to use. If you have trouble or aren’t sure where to start just let us know what you are looking for and we will help. Http://www. Huntsville-homes. ComURL: http://www.huntsville-homes.com/Valley-MLS-Search-Yourself – Added: 12.04.2011

Flood map with topographic overlay
The link below is to the Google satellite image and street view showing thedrainage ditch. The ditch is a bit if a negative feature even thought ehback year is fenced.
http://maps.google.com/maps?q=122+CLUBHOUSE+LANE,+MADISON,+AL+35757&hl=en&ll=34.761158,-86.781727&spn=0.001177,0.002631&sll=37.0625,-95.677068&sspn=37.136668,86.220703&vpsrc=6&hnear=122+Clubhouse+Ln,+Madison,+Alabama+35757&t=h&z=19
The link below is to three other four bedroom homes in northeast MadisonCounty that you may want to review. Note that Capshaw Road is a very busyroad.
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115087727
Valley Mls, Huntsville Mls SearchValley mls, huntsville mls search; valley mls has limited features and can be difficult to use. If you have trouble or aren’t sure where to start just let us know what you are looking for and we will help. Http://www. Huntsville-homes. Com

Filed under: huntsville al homes for sale,huntsville houses,huntsville mls,mls huntsville,Uncategorized,valley mls —
Tags: Huntsville

Thursday, December 1, 2011

Huntsville AL homes for sale

Huntsville AL homes for sale; http://www.huntsville-homes.com/Huntsville-houses-for-sale
December 1st, 2011 10:22 AM
December 1, 2011
The image below shows the property boundaries accounting to county tax records.


Huntsville AL homes for sale

The image below is a topographic map with a FEMA flood map overlay. The property is not near a flood zone and you can get a better idea of the terrain surrounding the property.



Huntsville al homes for sale


The link below is to the Google satellite image of the property. Instead of the property being at the ” A ” icon. it is at the end of the road to the left. You can pan and zoom to make sure that there are no commercial farms (chicken or hog houses) or other negative surrounding features.
http://maps.google.com/maps?q=18+WISEMAN+ROAD,+FAYETTEVILLE,+TN+37334&hl=en&ll=35.226761,-86.520842&spn=0.003935,0.010546&sll=37.0625,-95.677068&sspn=31.28862,86.396484&vpsrc=6&hnear=18+Wiseman+Rd,+Fayetteville,+Tennessee+37334&t=h&z=17
Google estimates a 53 min commute to central Huntsville.
http://maps.google.com/maps?saddr=US-231+N&daddr=18+WISEMAN+ROAD,+FAYETTEVILLE,+TN+37334&hl=en&ll=34.980445,-86.55994&spn=1.010411,2.69989&sll=34.871285,-86.557159&sspn=0.505884,1.349945&geocode=FWAEEgIdkJ7W-g%3BFU2AGQIdKNHX-indabMcvstjiDG9AEassA3pSg&vpsrc=0&mra=dme&mrsp=0&sz=10&t=h&z=9
The property has been on the market since 06/22/11 with no price reductions. The house is unoccupied now so seller may have some incentive to negotiate.
It’s difficult to compare properties with land to estimate market value, there are too many variables and too few comparable sales. To give you an idea of other active listings and properties that have sold in Lincoln County Tennessee since 01/01/10 the link below is to a summary.

Huntsville Houses We can assist you in finding area houses that will meet your needs and price range.You can search the entire Huntsville MLS for houses on your own without having to register. http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115067912

The link below is to the full listings of the properties above.

http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115067912 Huntsville Houses We can assist you in finding area houses that will meet your needs and price range.You can search the entire Huntsville MLS for houses on your own without having to register.

Filed under: huntsville al homes for sale,huntsville houses

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