Saturday, January 23, 2010
Real Estate Appraisers and REALTORS talk about “Kings Mill” Subdivision in Mobile, Alabama.
Monday, January 4, 2010
Mobile County, Alabama 4th Quarter Real Estate Activity Statistics For The Year 2009.
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The approximate 31 condominiums & townhouses had an average list price of $107,838, 69 average days on market (dom) and a sale price to list price percentage of 91.03%.
The approximate 13 manufactured homes had an average list price of $41,923, 61 average days on market (dom) and a sale price to list price percentage of 86.24%.
The approximate 131 new construction homes had an average list price of $179,631, 70 average days on market (dom) and a sale price to list price percentage of 99.39%.
The approximate 659 single family older homes (18.44% drop when compared to the third quarter) had an average list price of $142,956, 86 average days on market (dom) and a sale price to list price percentage of 95.8%.
The average days on market (dom) for the fourth quarter was around 82 days and the average per square foot was $78.
The fourth quarter indicates more new construction in west Mobile, south of the Mobile Regional Airport, Semmes, southwest Mobile County, Theodore, and the Tillman’s Corner area when compared to other areas of Mobile County. Most of the single family residential or home sales occurred in the areas north and south of Cottage Hill Road, Municipal Park area & city west central, west Mobile, Semmes, Midtown area near downtown historic Mobile, and areas east of Wilmer, Alabama.
The average sold terms for the fourth quarter was CASH (21%), CONVENTIONAL (27.3%), FHA (42.4%), VA (6.4%) and OTHER-ASSUMPTION, AUCTION, VENDOR LIENS (2.9%).
The above statistical information has been compiled by Albert Marshall Cheney, Cheney Appraisal Services, located in the Mobile Bay Metro Area, Baldwin County and Mobile County of Alabama. Albert Cheney is an active Certified Residential Real Property Appraiser and FHA Approved Appraiser with 35+ years experience in the real estate industry. Contact Albert Cheney at (251) 533-2424 or Albert@CheneyAppraisalServices.com if you require more information about Alabama real estate and ordering a “Certified” real estate appraisal report.
For more information about the Mobile County statistical real estate listings and sales, call a local real estate agent and member of the Mobile Area Association of REALTORS.
Posted in Economic News, Real Estate Market And The Mobile Bay Metro Area! Tags: Alabama Homes, Alabama Real Estate, Alabama Real Estate Listings, Alabama Real Estate Sales, Albert Cheney, Appraisal Reports, Assumptions, Auction, Average Days On Market, Average List Price, Average Per Square Foot Cost, Baldwin County, Cash Transactions, Certified Real Estate Appraisals, Certified Residential Real Property Appraiser, Cheney Appraisal Services, Condo, Condominiums, Conventional Loans, Cottage Hill Road, Days On Market, DOM, FHA Approved Appraisers, FHA Loans, Fox News, Historic Mobile, Manufactured Homes, McGregor Avenue, Midtown Area, Mobile, Mobile AL Homes for Sale, Mobile Alabama houses for sale, Mobile Alabama Real Estate Agents, Mobile Alabama vacation rentals, Mobile Alabama Zoning, Mobile Bay Metro Area, Mobile Bay Monthly, Mobile County, Mobile Press, Mobile Regional Airport, Mobile Register, Muncipal Park, New Construction, New Homes, Older Homes, Real Estate Appraisers, Real Estate Experience, Real Estate Industry, Real Estate Sales, Real Estate Statistics, REALTOR, Sale Price, Semmes, Settling Estates With Real Property, Single Family Homes, Southern Living, Southwest Mobile County, Spring Hill Area, Theodore, Tillman's Corner, Townhouses, VA Loans, Vendor Liens, West Central, Wilmer, Wimbledon Park
Tuesday, December 29, 2009
Tips On Reading A Home Inspection Report In Baldwin County And Mobile County of Alabama!
Some home inspection reports are delivered on site but most may take as long as 4 to 6 delivery days. All of the home inspection report systems have pros and cons.
The most important issue with a home inspection report is the descriptions given for each item or component. A home inspection report which indicates a condition as “Good,” “Fair” or “Poor” without a detailed explanation is vague and can be easily misinterpreted by a reader. An example of a vague condition would be:
Kitchen Sink: Condition – Good, Fair or Poor.
None of these descriptions will give the homeowner enough of a reason for the problem. Does the sink have a cosmetic problem? Does the home have a plumbing problem? A good home inspection report should supply you with enough descriptive information about the home’s condition and its site. An example of a descriptive condition is:
Kitchen Sink: Condition – Minor wear, heavy wear, damaged, rust stains, or chips in enamel finish. The recommendation is sealing the sink around the counter top.
As you can see, this narrative description includes a recommendation for repair. Narrative home inspection reports without recommendations for repairing deficient items may be difficult to comprehend if you have limited knowledge of construction.
You should take the time to carefully read your home inspection report and become very familiar with its comments and recommendations. Your home inspection report should have a legend, key, symbols or icons which will assist in understanding your report. It is much easier to understand the overall condition of a home if a home inspector provides sufficient information. Therefore, interview and carefully choose your home inspector wisely.
At the end of the inspection, your home inspector may provide a summary with a question and answer period. Use this opportunity to ask questions regarding terms or conditions you may lack familiarity. An experienced home inspector should be able to explain confidently with answers to your questions. If for some reason a question cannot be answered at the time of the inspection, the home inspector should research the question and obtain an acceptable answer for you. For instance, if the home inspector’s report states that the concrete foundation has common cracks. Then, consider asking, “Why are they common cracks?” An appropriate answer might be: “Common cracks are usually due to normal concrete curing and or shrinkage.”
Cheney Appraisal Services recommends that you accompany your home inspector through the entire inspection if at all possible. By doing this, it should help you better understand the condition of the home and the details of the inspection report.
Again, read the home inspection report completely and understand the condition of the home you are about to purchase. After all, it is more than likely, one of your largest investments you will ever make!
Below are most of the home inspection companies to assist you within The Mobile Bay Metro Area, Baldwin County and Mobile County of Alabama (Bay Minette, Bayou La Batre, Belle Fountaine, Bon Secour, Calvert, Chickasaw, Chunchula, Citronelle, Daphne, Dauphin Island, Eight Mile, Elberta, Elsanor, Fairhope, Foley, Fort Morgan, Grand Bay, Gulf Shores, Hollingers Island, Irvington, Josephine, Kushla, Lillian, Loxley, Malbis, Magnolia Springs, Marlow, Mauvilla, Miflin, Mobile, Montrose, Mount Vernon, Ono Island, Orange Beach, Oyster Bay, Perdido Beach ,Perdido, Point Clear, Robertsdale, Saraland, Satsuma, Semmes, Silverhill, Spanish Cove, Spanish Fort, Stapleton, Stockton, Summerdale, Theodore, Whistler, Wilmer, Wolf Bay).
Please also check resources, such as, online telephone directories for other home inspection companies. A client, homeowner and or visitor should always interview a home inspector before contracting their services.
http://www.amerispec.com/
http://cartierinspections.com/
http://www.hometeaminspection.com/
http://www.homesouthinspections.com/
http://www.affordable-home-inspections.com/
http://www.nahi.org/al-alabama-home-inspector.asp
Are you looking for Alabama Appraisers, Alabama Certified Appraisers, Alabama FHA Appraisers, Alabama Appraisers Baldwin County, and Alabama Appraisers Mobile County? Then always remember, Al Cheney, Cheney Appraisal Services, “Certified FHA” Appraiser, when ordering home appraisals within Baldwin County and Mobile County, Alabama. Call (251) 533-2424 with your order and questions.
Are you looking for other appraisers in the southeastern part of the United States? Well, Cheney Appraisal Services is continually updating its web site with listings and web links to “Certified FHA” Appraisers in other major cities and towns of Alabama as well as in Arkansas, Florida, Georgia, Louisiana, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee and Texas.
Sunday, November 29, 2009
Alabama Certified FHA Appraisers in Baldwin County, Mobile County and city of Mobile! Al Cheney can assist Appraisal Management Companies and Lenders!
Sunday, November 8, 2009
in the downtown area of historic Mobile.
The “Greek Fest” is from the 5th to the 7th of November, 2009 and experience the sights and sounds of a “Holiday in Greece!” The event is located at the Annunciation Greek Orthodox Church on Ann Street between Dauphin Street and Government Street. A delicious “Taste of Greece” with entertainment on the grounds of the Hellenic Center next to the church always has many people enjoying live Greek dancing and music. There will be an abundance of wonderful traditional food, such as, roast lamb, Grecian chicken, dolmathes, pastichio, spanakopita. For more information visit this site, http://www.GreekFestMobile.org/, or call (251) 438-9888.
Then look no further than Al Cheney, Cheney Appraisal Services, for “Certified” Residential Appraisals and FHA Appraisals in the historic areas of downtown and midtown areas.
Mobile County, Baldwin County, and the Eastern Shore
(Daphne, Fairhope, Montrose, Mullet Point, Point Clear, Spanish Fort).
Al Cheney is an Alabama “Certified” Residential Real Property Appraiser
for the State of Alabama and a FHA Approved Appraiser,
with over 30 years of real estate experience.
targeted marketing strategy and a quicker sale of your home?
Call and talk to Al Cheney today!
Mobile’s history and real estate, and the Mobile Bay Metro Area,
Baldwin County and Mobile County of Alabama.
Call Al Cheney at (251) 533-2424 with any additional questions.
Then, please click this web site link, https://cheneyappraisalservices.appraiserxsites.com/iFrame.aspx?FileName=client.x&ReferrerGUID=d4142893-75d8-4681-997d-eaa83d48b8cb#top, an online ordering system for your convenience. You may also send your city of Mobile
appraisal assignment order by facsimile, (251) 252-7737.
Thursday, October 29, 2009
"It Could Be Raining Economic Projects' Money In The City Of Mobile And Around The Mobile Bay Metro Area!" Comments And Opinions By Al Cheney
We must all participate in the promotion of our area, whether it's in a small way or a big way. You can contribute with only a smile to a weary traveler visiting our area (they might be moving here or relocating their business) or keeping the trash picked up around your home. Landscaping, mowing the lawn, or volunteering to assist with your educational talents are certainly other ways to place your positive mark upon our metropolitan bay area.
Saturday, October 24, 2009
"Two Economic Projects Which Will Promote Growth For Bay Minette, Alabama And The Mobile Bay Metro Area!"
Earlier in October, HK Motors indicated its strong interest in wanting to build an automobile plant in the northern part of Bay Minette.
Now, an economic project in the aerospace industry has set its sights on Bay Minette. The announcement will be on Monday, 26th October, according to news sources.
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Looking for Bay Minette, AL Home Appraisers? Then, look no further than
Cheney Appraisal Services for all “Certified” Home Appraisals in Bay Minette.
Al Cheney also covers all of the Eastern Shore
(Daphne, Fairhope, Montrose, Mullet Point, Point Clear, Spanish Fort)
as well as other areas within Baldwin County, Alabama.
Al Cheney is an Alabama “Certified” Residential Real Property Appraiser,
FHA Approved Appraiser, with over 30 years of real estate experience.
Are you an owner looking to sell your home? Cheney Appraisal Services offers only a $225 full appraisal report fee within the city limits of Mobile and a $250 fee for all other areas within Baldwin County and Mobile County. Al Cheney will give you a specially designed appraisal report with a derived value opinion estimate, value range estimate, and other necessary marketing information to assist you in selling your home. Are you unsure about what sale price to offer? Then isn’t having a “Certified,” specialized, professional appraisal report your answer for a more targeted marketing strategy and a quicker sale of your home?
Call and talk to Al Cheney today!
Please visit these web sites, http://www.CheneyAppraisalServices.com, http://www.MobileAlabamaFHARealEstateAppraisers.com, and http://www.RealtyLeaders.biz for more information on fees, services,
Bay Minette real estate, and the Mobile Bay Metro Area,
Baldwin County and Mobile County of Alabama.
Call Al Cheney at (251) 533-2424 with any additional questions.
Are you ready to order your Bay Minette appraisal assignment?
Please click this web site link, https://cheneyappraisalservices.appraiserxsites.com/iFrame.aspx?FileName=client.x&ReferrerGUID=d4142893-75d8-4681-997d-eaa83d48b8cb#top, an online ordering system for your convenience. You may also send your Bay Minette appraisal assignment order by facsimile, (251) 252-7737.
The mailing address is Cheney Appraisal Services, Post Office Box 7907, Spanish Fort, Alabama 36577-7907.
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