Jack Cotton Realty LLC

07/26/2024

Join me tomorrow at 11 AM for an open house at this beautiful home! Dana Jenkins, mortgage loan originator with Intelligent Investments, Inc., will be available to answer all your financing questions. See you there!
Jack Cotton Realty LLC

04/22/2021

Joe Bidens Homeowners Assistance Program Latest Updates/Proposal: "Down payment Toward Equity Act of 2021"

Borrowers who make no more than 120% of the median income for their area will qualify (https://www.census.gov/quickfacts/calhouncountyalabama lists median income in Calhoun County as 47,255 dollars annually).
On Wednesday, lawmakers published a draft version of the legislation, the “Down payment Toward Equity Act of 2021,”

The proposed down payment assistance would be means-tested based on income and limited to those who have not owned a house for at least three years. To qualify, neither of the borrower’s parents may have owned a home. That qualification does not apply if the borrowers’ parents lost their home in a foreclosure or short sale, or if the borrower has ever been in foster care.

This article is composed of condensed version of a larger article and is not warranted for accuracy or content. Read the full article at: https://www.housingwire.com/articles/here-it-is-bidens-homebuyer-tax-credit-legislation/

04/19/2021

President Joe Biden’s proposed first-time homebuyer proposal.

The House Financial Services Committee recently released the latest draft of the proposal, called the “Down payment Toward Equity Act of 2021.” The proposal comes in the form of a grant. There is currently no amount set in terms of funding. Congress will have to debate about the amount of funding they find acceptable for fiscal years 2021 – 2030. However, assistance limits are currently proposed up to $20,000 per homebuyer.

According to the proposal, funds must only be used to help homebuyers purchase a home. Assistance can go toward a down payment or the closing costs, or to reduce the interest rate on a mortgage. While the grant is for first-time homebuyers, those who have not owned a home in three years may be eligible.

If you are interesting in learning more or for updates, contact Jack Cotton Realty by email [email protected]

This article is composed of condensed version of a larger article and is not warranted for accuracy or content.

04/09/2021

My sailing friends forwarded this to torture me! Lake Lanier is 134 miles away. If you've never been sailing, you’re missing the boat!⛵️

04/08/2021

Several years ago, I sold a commercial property owned by the First Baptist Church at McClellan with owner financing. The new owner just paid off the mortgage owed to the church and the church used those funds to pay off their own mortgage. Now, First Baptist is debt free!!

They physically burned the mortgage during last Sunday's Service. While I was only a small part of this accomplishment, it was an incredible and rewarding feeling to be part of such a meaningful event. 🏡💸🔥

Congratulations! Anniston's First Baptist Church at McClellan

Watch the ceremony: https://fb.watch/4Ke9jgetIu/

04/08/2021

Limited inventory, low interest rates and bidding wars are driving prices sky-high. If you are looking to buy don't wait too long and if you are looking to sell, now is the time!! Give me a call today 256-225-3852

The past year has been the hottest for sales activity in 14 years. Home values are rising in practically every corner of the U.S., and median sale prices in dozens of metro areas have posted double-digit percentage increases from a year ago, according to Zillow Group Inc.

04/06/2021

When working with clients who are either relocation or starting a business, I often find that their only consideration is the amount and terms of the lease. They end up choosing one location over another based on minimal differences within the price and terms. If you’re looking for the best location for your business, you may want to consider other factors.

Need help with your commercial leasing search and agreements? Give me a call! 256-225-3852

If you’re looking for the best location for your business, you may want to consider these factors

01/14/2021

TIPS FOR GETTING A FAIR PRICE WHEN PURCHASING A HOME

ALL HOME BUYERS HAVE ONE THING IN COMMON: They do not want to overpay for their home. Whatever the state of the housing market, it is especially important to make sure you pay a fair price.
When shopping for a home, get a sense of the market by looking at recently sold homes, comparable homes on the market and available for viewing, and comparables taken off the market because they did not sell. Your real estate agent has access detailed information through the Board of Realtors, local multiple listing service, and should be able to provide you detailed information including pictures.

01/14/2021

Unusual Attractions in Anniston
THE ANNISTON NATURAL HISTORY MUSEUM
holds one of the oldest taxidermy collections in the United States, created by H. Severn Regan in 1930 with a donation of over 1000 birds, nests and eggs arranged in dioramas.
Today, the museum has over 400 species of birds on display. Of special interest is the museum’s collection of Passenger Pigeons Formerly one of the most common birds in North America, passenger pigeons could once be seen in migratory flocks a mile wide and 300 miles long, containing upwards of a billion birds. These pigeons thrived in flocks so large they darkened the skies for days at a time. Due to wide-scale commercial hunting and deforestation, the passenger pigeon is today extinct, but it and several other extinct species are still preserved in this small natural history museum.

01/14/2021

TIPS TO SELL YOUR HOME FOR TOP DOLLAR
# 1 Setting the right price for your home is the single most important decision you will make when you decide to sell. Go too high and you risk turning off every buyer in the marketplace, go too low and you leave money on the table. One simple but powerful technique for pricing your home aggressively is to spend the day looking at your competitors’ homes. By doing so you will be seeing the world through the buyers’ eyes. Be tough and honest with yourself. Compared to the competition what would be a price that would position your home as the best value proposition for buyers in your marketplace?

12/09/2020

Real Estate News Flash and Pricing Trends

The Federal Housing Finance Agency, reported U.S. home prices rose 7.8% in the 12 months ended September 30, the fastest climb in more than a decade. The typical U.S. home appreciated by 1% in October alone, to $262,604, the best monthly gain since the summer and fall of 2005.

“This is some of the fastest home price appreciation in the modern era,” says Jeff Tucker, a senior economist at Zillow, which compiled the data on October’s spike. “I don’t think this pace of appreciation can go on forever. It’s just too hot.”

12/03/2020

It may be cold this morning but Nicks doesn’t seem to mind much! 🐶