To become eligible to obtain a SALESPERSON license in Alabama, an applicant who does not hold a current real estate license in another state must:
Be a U.S. citizen, permanent resident alien or legally present in the U.S; Be at least 19 years old; Show proof of bona fide residency in any state in the U.S.; Show proof of high school graduation or the equivalent; Not have been convicted of a felony or a crime involving moral turpitude; Not have had a real estate application or license rejected...
Are you at a crossroads, trying to decide whether to rent or buy a home in 2023? With mortgage interest rates hovering around 8% and home prices on the rise, it's a decision that demands careful consideration. In this comprehensive blog post, we'll break down the pros and cons of renting and buying, providing valuable insights to help you make an informed choice.
The Great Debate: Renting vs. Buying
The current real estate landscape presents a unique challenge. On one side, you'll hear argument...
Introduction
As temperatures cool, the housing market is heating up in a different way. Blistering mortgage rates and scorching home prices have made it a challenging landscape for aspiring homeowners. Hey, I'm Chase Gallimore with EXIT Realty Shoals, and today, we are going to break it all down for you, from mortgage rates to affordability and even the likelihood of a market crash.
The Current Market
As of October 4th, the national average 30-year fixed mortgage rate stands at a staggering 7.7...
Hello again, homeowners and potential sellers! I'm Chase Gallimore from EXIT Realty Shoals, and today, we're diving deep into the art of selling your home with "5 Essential Tips for Selling Your Home." If you're eager to make your home shine and maximize your profits, you're in the right place!
Tip #1: Prepare Your Home for the Big Sale
First and foremost, let's talk about the importance of preparing your home for the big sale. Whether it's staging, making necessary repairs, or enhancing that a...
Are you a homeowner thinking about selling your property? Well, folks, it's time to get excited because we're about to unveil the incredible opportunities that today's real estate market holds. So, fasten your seatbelts, and let's explore why this is the perfect moment to put your home on the market!
Understanding the Seller's Market
First things first, let's demystify the term "seller's market." In a nutshell, it's a scenario where the demand for homes significantly surpasses the available sup...
Hey there, folks! I'm Chase Gallimore, your trusted real estate expert from EXIT Realty Shoals, and today we're diving headfirst into the ever-evolving world of real estate right here in the Shoals. 🏠🌊
High Interest Rates & Low Inventory: The Unstoppable Duo
You've probably heard it before, but it's worth repeating: high interest rates and low inventory continue to steer the ship in today's real estate market. But guess what? Buyers are still out there, determined to make their homeownership dr...
In the past week, key mortgage rates have been on the rise, impacting both short-term and long-term borrowers. The 15-year fixed and 30-year fixed mortgage rates have both seen an uptick, as have the rates for 5/1 adjustable-rate mortgages.
This increase in mortgage rates can be attributed in part to the inflation surge experienced in 2022. To combat rising prices, the Federal Reserve has been gradually raising its federal funds rate, which influences the rates banks charge for borrowing money....
