Many Huntsville and North Alabama Homes built in the 1980’s-1990’s used hardboard siding; not all of these buildings were maintained properly, and many may have severe siding problems due to neglect and lack of information about the issues that can arise from the presence of bad hardboard siding.
Deficiencies and Effects on the Home
Hardboard siding naturally [...]

Great example of the poor quality material that was used on many homes built in the 1980’s and 1990’s. A class action lawsuit was lost and millions of dollars were paid to many homeowners who had houses built with Masonite Siding.

Huntsville area home buyers should be prepared for a bundle of extra costs beyond the mortgage payment.
“Some people walk away from closing with a nickel and a stick of gum, and that’s probably not going to be a good idea,” says Dale Robyn Siegel, president of Circle Mortgage Group, in Harrison, N.Y.
People whose only [...]

http://abcnews.go.com/WN/story?id=4195424&page=1

Foreclosed homes in Huntsville, Madison, and Limestone Counties aren’t always the best deals in town – even if they do come with a price tag that appears to be lower than some other homes in the neighborhood.
Here are 10 reasons why that is true, offered by Vince Mastronardi, president of On-Site Specialty Cleaning & Restoration [...]

A year after the financial collapse of 2008, the Huntsville and North Alabama housing market is very different than it was before the foreclosure crisis.
Here are seven bits of wisdom from economists and financial planners for anyone contemplating a home purchase today:

Old-fashioned basics are more important than ever. The safest way to purchase a home [...]

Step 1

Understanding the value of your Huntsville AL home is one of most important first steps and requires in depth research. Home values are directly related to current competition, condition, location and demand. Value is ultimately what perspective buyers will and can offer.
Collect as much comparative information as you can to assist you in evaluating. [...]

-  Judicial Foreclosure Available: Yes
-  Non-Judicial Foreclosure Available: Yes
-  Primary Security Instruments: Deed of Trust, Mortgage
-  Timeline: Varies by Process; Typically 30 – 60 days
-  Right of Redemption: 12 months
-  Deficiency Judgments Allowed: Yes
In Alabama, lenders may foreclose on deeds of trusts or mortgages in default using either a judicial or [...]

Huntsville AL REO and short-sale properties can be money pits when offers take forever to close and vacant properties are trashed.
Here are some suggestions for expediting the deals:

The best short-sale deals are those where the bank has pre-approved the sale price. The property may still take a long time to [...]