Move-Up Home Buyers Rejoice!

If you do the math, you may discover you can buy more house than you could have previously afforded in 2006. This first graphic explains how just a 20% loss in values allows you to purchase a home and gain more value in the ‘move-up’ home. In this example you see a $50,000 gain.

When values rise again, you may appreciate and even greater gain as demonstrated in the table below. In this example, you see a total gain of $90,000.

In our final demonstration, you can see that waiting to make your decision can greatly impact your monthly payment and affordability if you consider today’s interest rates compared to what they may be in the future. If interest rates rise even modestly, you will see a significant increase in your payments. Maybe you want more square footage in your Daphne, Fairhope or Spanish Fort home. Opportunity may be knocking.

If you have been toying with the idea of buying a luxury home, a home with a pool or golf course home, but think now is not the time, think again! Now may be your best opportunity ever to get the DREAM HOME! Why don’t you contact us if you think this makes sense for you. No pressure, but we can certainly discuss your circumstances.

Resource credit goes to Keeping Current Matters.


We Are Selling A Lot Of Real Estate!

Everyone knows it is a buyer’s market. It has been tough out there and home sellers have taken quite a beating. If you need to sell, you really need a good plan. The competing inventory is extensive and new homes are desirable & easy to come by, so it is more important than ever for your property to stand out from the rest.

The Tia Stanley Team specializes in just that. Our plan is exclusive and distinctive. It is precise and targeted. We make a financial investment in every listing and we expect it to sell. We are able to triple the number of buyers looking at your property.

Pictures are of extreme importance. Buyers are drawn to photos, especially good ones. We are taking our already very good wide-angle photos to the next level. We have invested in the best camera equipment, lighting, tripods, and have taken some classes to hone those skills. We do not do average. When we list your house, it should be picture ready. Clear the counters, take the art off of the refrigerator. Remove the bathroom rugs, and hide the shampoo bottles. We want to put your best features on display. Depending on your square footage and the features you have, we take 100 – 200 photos of each property and choose the best shots.


What Are The Odds of Your Property Selling?

Everyone focuses on sold prices and competing prices. Why? Because this is vital information when pricing your home. You need to know what homes around you are selling for and this also comes into play with the appraisal. Even if someone gives you the price you want, it still has to appraise.

The other factor is competing homes. If you are the highest priced home, even with really great features, chances are that you will not be the first to sell. Buyers are looking for low prices and figure they can upgrade over time any features that are not to their liking.

Lets talk about the much-overlooked but vital tool in analyzing your property and the odds of it selling. In any given market, in any given time, only so many properties will sell. This is known as ‘Absorption Rate’. In other words, how many months of inventory is available? Let me provide a simplified example, although there is more precision involved when evaluating a property:

Lets say if in 6 months 5112 properties sold in your county. That would be an average of 852 properties sold per month. If you then take the current active listings, lets use 7333 and divide it by the average homes sold per month, you would have a 8.6 month inventory. If no other properties come on the market, it would take 8.6 months to sell everything. Lets go further. Take those 5112 properties sold in 6 months and divide that by the number of closed, active, expired, withdrawn listings in the same 6 months and you would come up with a 29% probability of selling your property.

How does this impact you? It helps you determine how you are going to price your property to get it sold. If you price it too high, the probability of your property selling soon is unlikely. Your agent is in charge of the process. You, the seller, are in charge of the decisions and how competitive you are going to be.


Brand Advertising Matters to Home Sellers

RE/MAX | Top Real Estate Company | Daphne  AL | Fairhope AL | Spanish Fort AL

As a home seller in Daphne, Fairhope or Spanish Fort AL, you will want to hire the top real estate company to sell your house or property. It is important to consider marketing and brand awareness as part of that equation. RE/MAX International has surged ahead of our competitors in maintaining and increasing market presence and visibility. While others have pulled back on the advertising dollars during these tough economic times, RE/MAX has taken a long view and invested accordingly. When people think of buying or selling real estate, RE/MAX is to top brand that comes to mind. RE/MAX agents sell more real estate, and that’s not just a slogan.


We Are Selling A Lot of Real Estate!

Everyone knows it is a buyer’s market and that sellers have taken quite a beating. There are many competing properties and new construction is the toughest competition because most home buyers prefer new, if they can get it. It is more important than ever to have great presentation.

The Tia Stanley Team provides the best home marketing you can get! It is our job to get buyer’s looking at your home. We make a financial investment in every listing and we expect to sell it. Our team has developed an exclusive and distinctive plan designed to attract buyer’s.

Photos may be one of the most vital aspects of marketing your property. Buyers demand lots of good photos. You have seen those ‘bad’ photos where it is just a dark blob, or there are are very few to look at. What if you could have great photos and lots of them? Well, good news…we have invested in excellent camera equipment, wide angle lens, flashes, tripods, & software to get the best photos of your property. Oh, and some training too as there is much to learn when going for WOW photos.

Prepare your home for photos: Clear off all the kitchen and bathroom counters. Minimize items on dresser tops, take the magnets and art off of the refrigerator. Put away the shampoo bottles and temporarily hide your bath rugs and kitchen rugs. We want to emphasize the home and the space, not your personal things. You may want to put away photos of your children for the pictures as they will be online. We will do the rest! Depending on the size of the property and it’s features, we typically snap 100 – 200 photos.

If you are serious about selling, we would love to share all that we do with you. Contact us for a one-on-one presentation or a CD presentation.


Daphne AL Home For Sale in Bellaton Subdivision


Extraordinary in quality upgrades in this Daphne AL home, located in Bellaton subdivision is offered for sale exclusively by the Tia Stanley Team of RE/MAX By The Bay. Includes all kitchen appliances. Craftsman style home w/open floor plan, perfect for entertaining. Great Room, Large Family or Keeping Room w/ fireplace. Kitchen w/ granite & island. Custom covered salt water gunite heated pool, spa & patio landscaped w/palm trees. Fabulous master bedroom & bath with walk-in closet. Oversized utility room w/ cabinets & sink. Built by Chris Leigh


Cool Tools for Our Real Estate Clients

Our clients are busy and not everyone has a scanner or fax. Some people have them, but do not know how to use them. Most of all, time can be of the essence when important documents are needing to be signed. That is why we use Docusign for electronic signatures. It is a safe and secure way to get our client’s signatures in just moments without the hassle. Clients say they love the convenience. If you can open an email, you can sign documents and we are notified automatically when signatures are obtained.

Even better, you can sign documents from your PC, iPad, or Smartphone.

DocuSign is the official and exclusive electronic signature provider for the National Association of REALTORS®


Great News! Baldwin County Real Estate Market Improves!

February 2011 stats are out and here is a summary for Baldwin County and specifically the Eastern Shore which includes the cities of Daphne, Fairhope, & Spanish Fort:

Average sales price in the County increased 6.14% from January to $221,411. The median sales price rose 13.9% to $176,850. The Eastern Shore median sales price rose 10.24%, the Gulf Shore Beach area rose 12.02 and North Baldwin increased 30.34%.

The south and central portion of Baldwin County, however saw the median sales price decrease  52.10% and 39.77% subsequently. This is likely attributed to large inventories and foreclosures.

The number of Sales for the whole county rose 55.48%, and specifically 24.71% on the Eastern Shore, 63.61% in North Baldwin, 20.83% in the Central area, 12.87 at the Gulf Beach, but decreased 1.61% in South.

Baldwin County also saw a decrease in the Average Days on Market from 211 in January to 198 in February. The Eastern Shore increased average DOM by 3 days to 189.

It appears that the Baldwin County market is reflective of  the national trend which is resulted in a 13.8% regarding number of homes sold in December.

Information source was obtained from the Center for Real Estate Studies & Baldwin Multiple List Service.


Mobile Phone Property Search in Alabama

As you probably know if you have a smart phone, some applications do not work well on your phone and are designed for the PC only.

If you want to search for property in Alabama from your phone you can type in  or just type in, either one will get you to the search platform for your phone.

Call me (with that same phone) if you want to see property in Baldwin County AL. 


Deadline Approaches for FHA Home Buyers 4/18/2011

Monday, April 18th marks the beginning of increased FHA monthly Mortgage Insurance Premiums (MIP).
For Buyers planning to purchase in the near future using FHA with less than 10% down, getting into contract and making loan application before 4/18/11 will yield a monthly savings. For example, a loan of $100,000 will have a monthly premium of $96.00 as opposed to $75.00 before 4/18. Since the 16th and 17th are Saturday and Sunday, application should actually be made by 4/15.
The New Monthly MIP For FHA as of 4/18/2011:
30 year loan over 95%  loan to value: 1.15% MIP
15 year loan over 90% loan to value: 0.50% MIP
15 year loan under 90% loan to value: 0.25% MIP
The upfront Mortgage Insurance Premium of 1% (down from 1.75% as of 3/2010) will remain the same and Purchaser has the option of paying out-of-pocket at closing, or rolling back into  the mortgage.
If you are unable to beat the deadline, remember rates are still very low and there are still many wonderful properties available. For Buyers who qualify, your lender will be able to offer the latest and greatest loan programs for you to choose from.
If you need a lender, please let us know and we will send you a list of our Preferred Lenders.
Marie Smith CRS, GRI, Broker Associate