recent blog posts from Donnie Clark
Posted by Donnie Clark | on March 27, 2009, 5:20 pmThe Dogwood Trail Pageant and Scholarship Program began 49 years ago in Baldwin County, Alabama. Its participation includes six high school girls from Baldwin County, who complete 200 hours of community service and appear in 50 different festivals, charity runs, ceremonies, etc. They have participated in both of Governor Bob Riley’s inaugural parades, and this » Read more
Posted by Donnie Clark | on February 2, 2009, 6:50 pmThis answer is determined by gathering all the information about a particular property including square footage, number of bedrooms and baths, the property’s age, condition, exterior makeup, type of car cover, and its location. After determining these factors, we then search for comparable sold properties in the subject properties subdivision or a competing subdivision that » Read more
Posted by Donnie Clark | on February 2, 2009, 6:49 pmThis situation most frequently occurs when the market values of real estate depreciate, especially when the subject property was highly leveraged to begin with. When the mortgage balance exceeds the value of the property, lending institutions can agree to accept less than the outstanding mortgage balance as payment in full. Even though the property still » Read more
Posted by Donnie Clark | on February 2, 2009, 6:48 pmA foreclosure is a property that is owned by a lending institution. The original borrower was unable to make their mortgage payments in a timely fashion and the lending institution eventually forecloses on the mortgage. The lender then takes ownership of the property and places it back on the market for sale. We can provide » Read more
Posted by Donnie Clark | on February 2, 2009, 6:47 pmReal Estate commissions vary. There is no set commission for any particular transaction. The commission is determined based on numerous factors associated with the sale of a particular property. Some of these factors include, but are not limited to: the type of property being sold (i.e. residential property, commercial property, lots and land, etc.), the » Read more