In the heart of Alabama's property tax system lies a valuable opportunity for homeowners: the Homestead Exemption. It's really a simple process, but it's one to easily miss, especially for new homeowners. Let's break down what you need to know about Alabama's Homestead Exemption and how to apply for it.
What is the Homestead Exemption?
Under Alabama law, the Homestead Exemption serves as a tax deduction available to property owners who reside in a single-family residence as their primary home o...
Selling your home is a significant decision that often comes with the dilemma of whether to take the 'For Sale by Owner' (FSBO) route or enlist the services of a real estate agent. In this comprehensive blog post, we'll explore the intricacies of this decision-making process, examining the pros and cons of each approach.
Understanding For Sale by Owner (FSBO)
Let's start by demystifying FSBO. In the real estate world, FSBO means selling your home without the representation of a real estate agen...
Real estate investment can be a lucrative endeavor, yet many potential investors find themselves hesitating to take the plunge. In this exploration, we'll address common concerns, debunk myths, and provide strategies to overcome barriers, empowering you to make informed decisions and enter the exciting world of real estate.
Common Concerns
1. Risk:
One prevailing concern is the perceived risk associated with real estate investment. It's essential to recognize that, like any investment, real est...
Introduction:
Greetings, real estate enthusiasts! Today, we're delving into a topic that often gives investors pause – risk in real estate. But fear not, because understanding and overcoming these risks is key to success in the world of real estate investment.
Acknowledging Risk:
First and foremost, it's crucial to acknowledge that all investments come with some level of risk, and real estate is no exception. However, the beauty lies in the fact that risk can be managed, and with the right appr...
Once you complete you prelicense course and pass your state exam, it is time to apply for your salesperson license.
AREC provides the following instructions on its website.
IMPORTANT: The following information is necessary to complete the application instructions that are given with the applicant’s score report. Failure to utilize this information in pursuing the licensing application process may result in delays due to incomplete application materials or inadequate documents. Such delays wil...
Once you complete your Alabama Real Estate pre-license course, you will need to apply to take your state examination. You do this online at the following link:
Apply for and schedule your Alabama Real Estate Salesperson exam
Your instructor for your prelicense course, will provide more information about registering for this exam. They will also provide you with a number you will need to be eligible for this exam.
Once you have completed your prelicense course, you will have six months to pass...
First, if you are in Northwest Alabama, you can take your prelicense course at the Shoals School of Business, located at EXIT Realty Shoals. To learn more about this program, you can call Chase at 256-701-0038.
To find an AREC approved course in the state of Alabama, click the following link:
