Author: roodsrealestate

What You Should Know About Auctioning Your House in Mobile

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Many homeowners consider selling their homes by themselves, often avoiding the hefty real estate commissions. In real estate, these listings are referred to as FSBO for sale by owner. Regrettably, however, homes listed and marketed by their owners typically sell for less, and homeowners only sell about eleven percent of FSBO homes listed. Understanding all … Continued

What is a Pre-Foreclosure in Mobile?

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With millions of homes across the country going into foreclosure, it’s important for both buyers and mortgage holders to understand the process. So what is a pre-foreclosure in Mobile anyway? Many homeowners across America and Mobile are facing difficulties making their monthly mortgage payments. When a homeowner misses 3-6 months of mortgage payments, the lending institution will … Continued

5 Things You Should Know About Buying a Home at Auction in Alabama

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Making the dream of homeownership come true is becoming more expensive every day. Buyers must consider all available options to save money, including buying a home at auction in Alabama. Before proceeding, it is highly advisable to learn about the time, costs, and process involved in a successful bid. Beginners in the world of auctions … Continued

How to Avoid Foreclosure in Mobile

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While the housing market is rebounding, many people in Mobile] are still struggling to make their mortgage payments. If you’re underwater on your home, or having trouble keeping up with your monthly mortgage payments, you could be fearful that your mortgage provider is going to foreclose. Thankfully, there are a number of things that you can do … Continued

How to Sell Your House to an Investor in Mobile Alabama

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Home ownership just isn’t what it was in the 1950’s. In the past, people would buy a home and live there for the rest of their lives, often passing it on to their family. Things have changed. Many first-time homebuyers are going into it with the attitude that they’ll sell when it’s time for a change. If … Continued

Selling Your Home During a Divorce in Mobile

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If you’re wondering about the ins and outs of selling your home during a divorce in Mobile … we’ll dive into the steps and things to look out for in this article. With over 50% of American marriages ending in divorce, many Mobile residents are looking or advice for selling a home during a divorce. A … Continued

How to Stay in My Home After Foreclosure in Mobile

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A recent study estimates that 47% of foreclosed properties are still occupied. When you first see that stat you may be surprised… but we’re not. What most people don’t realize is that banks aren’t in the business to own homes. They are in the business to loan people money. But when they have to foreclose … Continued

We Buy Houses in Mobile Companies – Are They Credible?

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If you’ve been driving around in Mobile, chances are you’ve seen some billboards advertising companies that buy houses. Often times they say things like “We Buy Mobile Houses!” or “Cash For Your House”. Are These “We Buy Houses in Mobile Companies” Credible? How do I know if the local house buying companies out there are honest … Continued

Understanding the Foreclosure Process in Alabama

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Understanding the foreclosure process in Alabama is an important part of navigating your own home foreclosure. Before we dive in… Understanding the Foreclosure Process in Alabama What is foreclosure anyway? Foreclosure is the legal process that lenders use to take back property securing a loan, generally after the borrower stops making payments. Foreclosure is no fun. … Continued

5 Downfalls of Inheriting a House in Mobile

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Often, homeowners will their house to beloved family or friends with the best intentions. But, while it may seem like a windfall when you find out that someone has inherited property, the realities are not always so wonderful. It can be beneficial to understand the problems that could arise on the path before you, so … Continued

Can I Sell My House in Foreclosure in Mobile?

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Do you have a Mobile Alabama house that’s in foreclosure right now? Many people going through the Alabama foreclosure process want to get out from under that burdensome house and wonder if they can sell the house in foreclosure. The short answer: yes. The long answer: it’s a little more complicated, but usually you can … Continued

How to Sell Your House in Mobile in a Month or Less

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Do you need to sell your house in Mobile? Finding the right market to sell an asset is the first step to making the most profit. Unfortunately, traditional buyers will attempt to use this to their advantage if you are in a hurry to sell or have a property in less than perfect condition.  If … Continued