Huntsville Homebuyer Tip 1: Before shopping for a home, get a pre-approval!

Buying a home is such an exciting time! You are planting roots and becoming a part of a community.  Before getting in your car and beginning your search, there is a critical first step you need to take. Get a pre-approval letter. We’ve seen many buyers miss out on their dream home due to skipping the first step of buying a home in Huntsville.

Getting pre-approved in Huntsville, AL

What is a mortgage pre-approval and why do I need one?

It’s not a promise that you’ll get approved but it’s a step in the right direction. A pre-approval is a quick check of your credit, debts, income and assets. A pre-approval is quick and painless.  This can easily be done over the phone! The entire loan application comes at a later date.

Begin with a trusted local lender. They are our neighbors and understand our local community and the Huntsville real estate market. Local lenders allow a face to face experience if you choose. If a local lender doesn’t respond, more than likely, we have their cell phone number. And for the record, not all local lenders are created equal. (We have a list of lenders that we trust to handle our clients most important investment that we are happy to share if needed.)

You need a pre-approval to know which loan type you qualify. We MUST know the loan type as that is part of our contract. So, this step is really, really important. There are many types of Mortgage loans in Huntsville, Alabama. Do you need 100% financing? Are you a veteran? Searching for a fixer-upper? Each loan type has it’s own requirements as far as income and credit score. If you are considering paying cash, be prepared to show proof of funds with your offer.

You need to know how much you can afford. It’s devastating to have a buyer fall in love with their dream home only to discover it’s out of their price range. Why put yourself through that?

We NEED that pre-approval for your offer. Currently, the Huntsville real estate market is stronger than it has ever been. The majority of homes for sale in North Alabama are experiencing a CLEAR SELLERS MARKET. What does that mean for you? Multiple offers are the norm currently and sellers are rejecting offers that are not presented with a pre-approval letter.  Many buyers place escalation clauses in their offers. If sellers are presented with other offers that provide pre-approval letters, of course, they will consider theirs and reject yours. You want them to know you are serious and qualified.  A pre-approval will give sellers peace of mind and the confidence needed knowing they have a buyer that can afford their home and is creditworthy.

We have a list of lenders that we trust to handle our clients most important investment. If you’d like a copy, reach out.

If you need an expert agent that understands the ins and outs of our strong market, is a strong negotiator, and will advocate for you at all times, let us know. We’d love to connect you with one of our experienced agents!  Reach out and we’ll make sure you land in great hands!  We promise. or 256-425-1659


Multiple Offers In The Real Estate Market

by Elizabeth Cooper-Golden Huntsville Housing Market
Multiple offers in the Huntsville Alabama Real Estate Market have become the norm in many price ranges and areas. As shocking as that sounds, it’s very common now. With a shortage of housing and an abundance of qualified buyers, we officially have a housing shortage in many price ranges. 2019 and 2020 have been glorious years [...]
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Huntsville, AL 2nd Quarter 2020 Real Estate Market Update

by Elizabeth Cooper-Golden Huntsville Housing Market
Boom, Boom, Boom! ... As we head into the 3rd Quarter of 2020, our 2nd Quarter has looked much different than most of us could ever have imagined. A worldwide pandemic and quarantine experience was something that we certainly never thought we would ever experience. The Madison and Limestone county real estate markets continue to [...]
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What is an Escalation Clause?

Thumbnail image for What is an Escalation Clause? by Elizabeth Cooper-Golden Huntsville Home Buyer Tips
Escalation Clauses in a Real Estate Market What is an Escalation Clause and how do they work? Escalation clauses in the Huntsville real estate market are becoming more commonplace. I’ve been a full-time Realtor since 1997. This past year marks a first for experiencing an escalation clause.  This tells us one thing…inventory is at an all-time LOW. What [...]
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Will Covid-19 Change How We Design Homes?

by Natalie Jones Home Improvement

What will be the design impact of coronavirus? Experts weigh in on the features we may see more of, as the general public shifts towards a health-conscious home design. Features such as antimicrobial materials, no-touch fixtures, and hospital-grade air purifiers, and additional bathrooms could all become the norm to make our homes a formidable fortress […]

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Shelter In Place Order and Real Estate

by Elizabeth Cooper-Golden Huntsville Housing Market
Alabama Shelter In Place and Real Estate Today, Governor Ivey issued a stay at home order beginning Saturday, April 4th at 5 pm. @ Homes Realty Group is still open, but virtually. Our agents are still working while practicing the highest of safety protocols and are available to counsel and advise you when needed. What does [...]
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by Natalie Jones Living in the 256
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Guntersville Lake Waterfront Homes

Thumbnail image for Guntersville Lake Waterfront Homes by Elizabeth Cooper-Golden Waterfront Homes
Lake Guntersville waterfront homes can make the perfect real estate investment. At the same time, such a property can be the ideal home to move in with your whole family, in order to enjoy life by the lake and the great outdoors. If you love the great outdoors and you enjoy spending a lot of [...]
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Wheeler Lake Waterfront Homes

Thumbnail image for Wheeler Lake Waterfront Homes by Elizabeth Cooper-Golden Waterfront Homes
Waterfront at Wheeler Lake Wheeler Lake waterfront homes can be an excellent opportunity for anyone seeking to invest in real estate or to find a new home for their family. This area is one of the most beautiful in the country, hence offering excellent opportunities for tourist and locals to enjoy lake scenic cruises, artisan [...]
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@ Homes welcomes Phyllis Bowen

by Elizabeth Cooper-Golden @ Homes Agents
@ Homes welcomes Phyllis Bowen, Realtor back to our @Homes family!  We couldn't be happier! I first met Phyllis about 10 years ago while selling a new construction home. She represented the builder and I had the buyer. I immediately knew she was special. (Really!) She was SO knowledgeable about new construction but more importantly, she was [...]
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1704 Ward Avenue, Huntsville 35801

by Elizabeth Cooper-Golden Huntsville Featured Listings
1704 Ward Avenue , Huntsville Alabama is a rare find within walking distance to 5 Points! This 2 bedroom townhouse has 1219 square feet, fresh paint in the master and new carpet too! You’ll discover a large patio and courtyard tucked in the rear of the home. The previous owner had a glorious garden filled with color [...]
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A Story of Appreciation

by Amy Jackson Huntsville Community Stuff

Amy Jackson is an @ Homes Realty Group client who has attended our Great Pumpkin Festival in the past and has written about her experience for us in preparation for Saturday’s event. We love Amy and her family and are so appreciative of all of the wonderful things she had to say about the event […]

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The data relating to Huntsville AL Real Estate on this Web site derive in part from the Valley MLS IDX datashare program. © 2016 Valley MLS, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified.

@Homes Realty Group
470 Providence Main St
Suite 202
Huntsville, AL 35806

Phone Numbers
Cell: (256) 425-1659
Office: (256) 585-6000
Fax: (256) 217-4073

Email Address


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