Charles's Blog

I Wish I Could Tell You What Your Agent ISN'T Doing to Sell Your Home...

Charles Stallions Real Estate 800-309-3414 Pensacola, Fl. — Mon, 30 Nov 2009 14:58:00 -0600

Donna has put into words here what I have seen time and time again. Even in Pensacola, Pace and Gulf Breeze it happens. When listing your home make sure there is an Easy Exit plan.

Via Donna Galinsky (Pugatch Realty Corp - Your Five Towns Real Estate Agent):

Have you ever wanted to contact a homeseller and say "Do you really know what your Agent is (or isn't) doing to market your home?"

I so want to do that right now. Just a shory anonymous note (don't want to get fined or anything).

Just want to say...

Dear Homeowner..

I just saw that you listed your house for sale. You have a lovely sign on your front lawn. A customer of mine saw your home on ListingBook the other day and had some questions.

She wanted to know the condition - Your agent only has 5 old photos of the outside of the house.
She asked about the kitchen and baths - I don't know, no pictures.
She asked when she could see it - Again, no idea says no showings until after open house.
She asked when the Open House was - I said, No idea, it is not on the listing.

I did call your agent, left her 2 voice mails, maybe when you speak with her you can ask her to return her phone calls.

Or maybe she is just keeping it quiet so she can sell it herself.

Want to wish you luck with your sale, and when you expire and are ready to really sell it - I'll be in touch!!

Signed
Anonymous

Agents who do things like this frustrate me. She is not a new agent, but she does this on ALL her listings. Guess she just wants to get both sides of everything. She has incomplete/incorrect listings, and if you do want to show one of her properties she makes you jump through hoops to do it.

She is the opposite of everything that I try to be and it just gets me angry when people list with people like her.

I put up the maximum number of pictures on MLS
I make sure to have complete ACCURATE information
Homes are displayed throughout the internet
Brokers and public Open Houses are scheduled and advertising.
I tend to get my listings written up in the local newspapers.

My job is to SELL your home I SELL houses, I don't collect them. If you have a customer, please show my homes.

Thanks for letting me vent, now maybe my head won't explode.

________________________________________________________
Donna Galinsky
FindYourHomeLI.com
Licensed Salesperson, Pugatch Realty Corp.

If you are thinking of buying or selling a home in Southwest Nassau County ( Cedarhurst, East Rockaway, The Five Towns, Gibson, Hewlett, Hewlett Harbor, Hewlett Bay Park, Hewlett Neck, Inwood, Lawrence, Lynbrook, North Woodmere, Oceanside, Valley Stream, Woodmere or Woodsburgh. Please visit my website for more information on buying and selling . You can also search the entire MLSLI . Let us tell you what makes us different from the rest.

Charles Stallions

All listing agreements are not the same in Pensacola, Florida.

Charles Stallions Real Estate 800-309-3414 Pensacola, Fl. — Mon, 30 Nov 2009 13:36:56 -0600

I habe put some pointers together when Listing your home in Pensacola, Pace or Gulf Breeze. Regardless of when type listing you go with make sure there is an opt out feature in case the agent is not doing what you expected. Just like all agents are not the same neither are listing fees or contracts.

When you choose a REALTOR®, you will most likely sign a listing agreement - a contract in which you agree to allow the REALTOR® to sell your home during a given period. The agreement says that you will pay the REALTOR® a fee when you sell your home. Most REALTORS® are independent contractors who work for a company operated by a licensed real estate broker. (A salesman is licensed by the state to sell real estate through a broker. A broker is licensed by the state to sell real estate to others for a fee and employ salesmen and other brokers.)

The amount of compensation you pay a broker is negotiable, but the REALTOR® will generally follow the company's policy regarding compensation. The amount of the fee will be spelled out in the listing agreement. Make sure you understand how the fee will be paid before signing.

Exclusive listing
Most REALTORS® will ask for an exclusive right-to-sell listing. This means that you will owe the broker a commission regardless of who finds a buyer during the listing period. In other words, if you decide to sell the house to your cousin, your broker still gets a commission. The advantage of this kind of arrangement is that the broker is motivated to work harder to sell your home.

It's possible that a REALTOR® from another company will find a buyer for your home. In that case, your broker is the listing broker, and the second agent is the selling or cooperating broker. Many times your listing broker will agree to pay the cooperating broker a fee from the amount you pay the listing broker. Your listing broker cooperates with other brokers who procure buyers interested in your property and offers to compensate the other brokers for procuring a buyer. Cooperating and compensating other brokers is discussed in the listing agreement you sign with the listing broker.

Length of listing
The listing agreement will specify how long you agree to list your house with a company. Your REALTOR® will probably suggest an average time that homes like yours are on the market. You want a period that's long enough to motivate your REALTOR® to advertise your home and respond to buyers, yet short enough to allow you to change to a different company if you become unhappy with the REALTOR®'s service. Remember that the listing agreement is a contract. You should get a copy for your records. Your REALTOR® is bound to the terms just as you are. You can expect the REALTOR® to keep appropriate information confidential and effectively market your property.

Looking for a home to rent, sell or buy in Pensacola, Pace or Gulf Breeze Florida then this site was designed with you in mind. E-mail charles@charlesstallions.com for a complete list of foreclosures, short sales, homes for sale or for rent in Pensacola, Pace or Gulf Breeze Florida area. Charles Stallions Real Estate Services located at 139 East Burgess Rd. Pensacola, Florida 32503 has a 6 member team, including experts on Loan Modifications, a Certified Residential Specialist,a Distressed Property Specialist with over fourteen years in real estate dealing in foreclosures, first time home buyer programs and investor sales. We offer full time, full service Property Management in Pensacola, Pace or Gulf Breeze Florida.Click here to view Homes for sale in Pensacola Florida or search pensacolamls for new homes on the market.

Flat Fee of $2995 to SELL or MLS $1495 + 3 %

We offer Property Management for $50. flat fee monthly

Call Now 800-309-3414 for over the phone evaluation and NO Obligation

Charles Stallions

Signing A Listing Agreement in Pensacola Florida, is that it?

Charles Stallions Real Estate 800-309-3414 Pensacola, Fl. — Sun, 29 Nov 2009 18:25:27 -0600

______________________________________________________________________________________________

THOUSANDS OF HOMES.... One Address www.charlesstallions.com

Pensacola, Pace and Gulf Breeze Homes for sale

Flat Fee of $2995 to SELL or MLS $1495 + 3 %

We offer Property Management for $50. flat fee monthly

Call Now 800-309-3414 for over the phone evaluation and NO Obligation

Charles Stallions

For sale by owners in Pensacola, Pace and Gulf Breeze Florida are truly wasting their time....

Charles Stallions Real Estate 800-309-3414 Pensacola, Fl. — Sun, 29 Nov 2009 14:41:05 -0600

For-sale-by-owner residential transactions are less than 15% of all home listings nationwide. According to a 2006 survey of homebuyers and sellers conducted by the National Association of REALTORS^®, 68% of respondents sold their homes through a real estate professional. Of that percentage, 8% tried unsuccessfully to sell on their own. Only 13% of respondents sold their own homes and still lost as much as they saved in commissions.

Further, the research shows that 50% of those homeowners who did successfully sell their homes without a real estate professional's help vowed never to do it again, because of the complexities and hassles associated with the transaction.

Among the major problems cited:

Holding open houses

Arranging for appraisals and inspections

Understanding and filing paperwork

Helping buyers obtain financing

Having time to do it all

True, some homeowners may be able to save commission costs by selling on their own or using discount firms. However, people who try to sell their own homes deny themselves the benefit of a real estate professional who is trained to sell real estate on the terms most advantageous to their clients. An experienced REALTOR^® can provide up-to-date reports, and has a clear understanding of local housing market and financing options. Brokers can provide more exposure, via multiple listing services, than most homeowners can obtain on their own.

In the vast majority of cases, it takes less time (and earns the homeowner more profit) to use a licensed real estate professional when selling a home.

Charles Stallions, CRS, CSP, CBR, CDPS, - 800-309-3414, a leader in real estate investing, buying and selling. Lead Real Estate negotiator for several investment clubs as well as investors throughout the US. Call Charles for a list of references before buying or selling you what some consider being their largest investment.

______________________________________________________________________________________________

THOUSANDS OF HOMES.... One Address www.charlesstallions.com

Pensacola, Pace and Gulf Breeze Homes for sale

Looking for a home to rent, sell or buy in Pensacola, Pace or Gulf Breeze Florida then this site was designed with you in mind. E-mail charles@charlesstallions.com for a complete list of foreclosures, short sales, homes for sale or for rent in Pensacola, Pace or Gulf Breeze Florida area. Charles Stallions Real Estate Services located at 139 East Burgess Rd. Pensacola, Florida 32503 has a 6 member team, including experts on Loan Modifications, a Certified Residential Specialist,a Distressed Property Specialist with over fourteen years in real estate dealing in foreclosures, first time home buyer programs and investor sales. We offer full time, full service Property Management in Pensacola, Pace or Gulf Breeze Florida.Click here to view Homes for sale in Pensacola Florida or search pensacolamls for new homes on the market.

Flat Fee of $2995 to SELL or MLS $1495 + 3 %

We offer Property Management for $50. flat fee monthly

Call Now 800-309-3414 for over the phone evaluation and NO Obligation

Charles Stallions

First impressions start when they pull up to the home.

Charles Stallions Real Estate 800-309-3414 Pensacola, Fl. — Sun, 29 Nov 2009 13:52:10 -0600

While recently touring home with a buyer, one home stood out in particular and for all the wrong reasons. Bikes and trikes and pets running around in the front yard, not to mention that there was two cars parked on the front lawn as well. My buyer later when ask to fill out a follow up form (I ask the buyers to respond as I am not buying your home I already have one) explained all this to the listing agent. Basicially she said that she could not get past th e front lawn.

Exhibit the Exterior

Roof and Gutters

Repair or replace loose, damaged or blistered shingles
Clean gutters and downspout strainers
Check gutters for leaks and proper alignment
Inspect flashings around roof stacks, vents, skylights and chimneys
Clear obstructions from vents, louvers and chimneys
Check fascias and soffits for decay and peeling paint
Inspect chimney for any loose or missing mortar

Exterior Walls

Re-nail loose siding and check for warping or decay
Paint siding, if necessary
Check masonry walls for cracks or any other damage
Replace loose or missing caulking

Driveway

Repair concrete or blacktop, if necessary

Garage

Lubricate hinges and other hardware on your garage door
Inspect doors and windows for any peeling paint
Check condition of glazing around all windows
Test electrical outlets

Foundation

Check walls, steps, retaining walls, walkways and patios for cracks, heaving or crumbling

Yard

Mow lawn, reseed or sod, if necessary
Trim hedges, prune trees and shrubs
Weed and mulch flower beds

Charles Stallions, CRS, CSP, CBR, CDPS, - 800-309-3414, a leader in real estate investing, buying and selling. Lead Real Estate negotiator for several investment clubs as well as investors throughout the US. Call Charles for a list of references before buying or selling you what some consider being their largest investment.

______________________________________________________________________________________________

THOUSANDS OF HOMES.... One Address www.charlesstallions.com

Pensacola, Pace and Gulf Breeze Homes for sale

Looking for a home to rent, sell or buy in Pensacola, Pace or Gulf Breeze Florida then this site was designed with you in mind. E-mail charles@charlesstallions.com for a complete list of foreclosures, short sales, homes for sale or for rent in Pensacola, Pace or Gulf Breeze Florida area. Charles Stallions Real Estate Services located at 139 East Burgess Rd. Pensacola, Florida 32503 has a 6 member team, including experts on Loan Modifications, a Certified Residential Specialist,a Distressed Property Specialist with over fourteen years in real estate dealing in foreclosures, first time home buyer programs and investor sales. We offer full time, full service Property Management in Pensacola, Pace or Gulf Breeze Florida.Click here to view Homes for sale in Pensacola Florida or search pensacolamls for new homes on the market.

Flat Fee of $2995 to SELL or MLS $1495 + 3 %

We offer Property Management for $50. flat fee monthly

Call Now 800-309-3414 for over the phone evaluation and NO Obligation

Charles Stallions

Is a change of life style in your future, I may just have the perfect destination and home.

Charles Stallions Real Estate 800-309-3414 Pensacola, Fl. — Sat, 28 Nov 2009 19:40:59 -0600

Looking to change your life style or just to get away from the cold north come on down to Pensacola, Florida is an activity-packed destination featuring culture, outdoor adventure, fine museums, attractions and over 50 miles of beaches. Whether you're an art enthusiast, birdwatcher, golfer, foodie or a shopaholic, you'll find happiness here in Pensacola .

Unique home on large landscaped lot with workshop, near Pensacola Christian School. Ranch style porch across front of home. Larger than large room sizes. Large kitchen with island counter and plenty of cabinets and storage. Master bedroom has study/ nursery/office area attached with seperate door. Come on and visit us here on the coast and let me take you on a tour.

We invite you to scuba dive the Oriskiny the world's largest artificial reef, See aviation history, fly a simulated jet or just chill and it's all at one of the world's best aviation museums. Like fishing then lets do it from the longest pier in the Gulf of Mexico or on the shoreline of best waterways found anywhere.

Charles Stallions, CRS, CSP, CBR, CDPS, SREE, EREI - 800-309-3414, a leader in real estate investing, buying and selling. Lead Real Estate negotiator for several investment clubs as well as investors throughout the US. Call Charles for a list of references before buying or selling you what some consider being their largest investment.

______________________________________________________________________________________________

THOUSANDS OF HOMES.... One Address www.charlesstallions.com

Looking for a home to rent, sell or buy in Pensacola, Pace or Gulf Breeze Florida then this site was designed with you in mind. E-mail charles@charlesstallions.com for a complete list of foreclosures, short sales, homes for sale or for rent in Pensacola, Pace or Gulf Breeze Florida area. Charles Stallions Real Estate Services located at 139 East Burgess Rd. Pensacola, Florida 32503 has a 12 member team, including experts on Loan Modifications, a Certified Residential Specialist,a Distressed Property Specialist with over fourteen years in real estate dealing in foreclosures, first time home buyer programs and investor sales. We offer full time, full service Property Management in Pensacola, Pace or Gulf Breeze Florida.Click here to view Homes for sale in Pensacola Florida or search pensacolamls for new homes on the market.

Flat Fee of $2995 to SELL or MLS $1495 + 3 %

We offer Property Management for $50. flat fee monthly

Call Now 800-309-3414 for over the phone evaluation and NO Obligation

Charles Stallions

Pray You ENOUGH: Happy Holidays to all.

Charles Stallions Real Estate 800-309-3414 Pensacola, Fl. — Fri, 27 Nov 2009 20:49:04 -0600

A friend of who I love very very much sent this to me in a letter many years ago and I was going through some boxes tonight and found it. What a beautiful letter and what beautiful memories to have.

Recently, I overheard a mother and daughter in their last moments together at the airport. They had announced the departure. Standing near the security gate, they hugged, and the mother said, 'I love you, and I pray you enough.'

The daughter replied, 'Mom, our life together has been more than enough. Your love is all I ever needed. I pray you enough, too, Mom.'

They kissed, and the daughter left. The mother walked over to the window where I was seated. Standing there, I could see she wanted and needed to cry. I tried not to intrude on her privacy, but she welcomed me in by asking, 'Did you ever say good-bye to someone knowing it would be forever?'

Yes, I have,' I replied. 'Forgive me for asking, but why is this a forever good-bye?'

'Well...I'm not as young as I once was, she lives so far away & has her own busy life. I have some challenges ahead, and the reality is - her next trip back will be for my funeral,' she said.

'When you were saying good-bye, I heard you say, 'I pray you enough.' May I ask what that means?'

She began to smile. 'That's a prayer that has been handed down from other generations. My parents used to say it to everyone.' She paused a moment and looked up as if trying to remember it in detail, and she smiled even more. 'When we said, 'I pray you enough,' we wanted the other person to have a life filled with just enough good things to sustain them.'

Then, turning toward me, she shared the following as if she were reciting it from memory.

I pray you enough sun to keep your attitude bright no matter how gray the day may appear..

I pray you enough rain to appreciate the sun even more.

I pray you enough happiness to keep your spirit alive and everlasting.

I pray you enough pain so that even the smallest of joys in life may appear bigger.

I pray you enough gain to satisfy your wanting.

I pray you enough loss to appreciate all that you possess.

I pray you enough hellos to get you through the final good-bye.

Then, she began to cry, and walked away.

They say, it takes a minute to find a special person, an hour to appreciate them, a day to love them, but an entire life to forget them.

* Only if you pray, send this to the people you will never forget, and remember to send it back to the person who sent it to you. If you don't send it to anyone, it may mean that you are in such a hurry that you have forgotten your friends.

TAKE TIME TO LIVE.....

To all my friends and loved ones,
I PRAY YOU ENOUGH.......

Charles Stallions

What Impact Will Homebuyer Tax Credit Extension Have on Housing Industry?

Charles Stallions Real Estate 800-309-3414 Pensacola, Fl. — Fri, 27 Nov 2009 20:30:26 -0600

Congress has extended the $8,000 first-time homebuyer tax credit and offered a new credit to other types of buyers, but some analysts are downplaying the controversial stimulus' effect on the housing market.

In a recent interview, Fox-Pitt Kelton analyst Robert Stevenson said the Senate's proposal for extending the $8,000 tax credit for new homebuyers will have a "limited impact" on home sales.

A Senate committee reached a deal to extend the $8,000 tax credit and offer a smaller $6,500 credit for some existing homeowners. The main pitfall of the proposal is that it only pushes back the expiration of the tax credit to the end of April, Stevenson said. It is currently set to go away on Dec. 1. Stevenson said he's skeptical the tax credit will drive activity during the slower winter months. The prime selling season for the housing market kicks off in the spring and tends to run through the warmer months. "Of course, Congress could come back and extend it again," the analyst said. "When the next selling season starts, the housing market will depend on the state of the economy and mortgage rates, rather than tax credits."

The $6,500 credit for some repeat homebuyers would let more buyers participate albeit at a lower level, "but a lot of those people are effectively trapped in their current homes," Stevenson said.

From their peak in 2006, U.S. home prices have fallen about 30% through the end of August 2009 during the housing downturn, according to the S&P/Case-Shiller home price index. More Americans are falling behind on their mortgage payments or losing their homes in the recession as job losses pile up. Rising foreclosures are another key worry.

Yet hopes that a recovery is in place were fueled by a report showing the fourth straight month of rising home prices. Some attributed the tentative rebound to buyers rushing to cash in on the expiring $8,000 tax credit. The push to extend and expand the credit has been led by home builders, Realtors and other groups connected to the housing market.

"Failure to act now could derail the fragile housing recovery even before it has time to take root," said Jerry Howard, president of the National Association of Home Builders, in a statement urging Congress to stretch the tax credit. "The consequences would be devastating for both housing and the economy." Howard said the tax credit has already helped create nearly 200,000 jobs, drive home sales, stem foreclosures and stabilize prices. Homebuilder stocks were up sharply in the wake of the news on the Senate compromise. Still, some economists say the incentive's impact is overblown.

"I am not applying the recent home-price rebound to the tax credit," said Cameron Findlay, chief economist at LendingTree, in a recent interview. "I don't think the tax credit makes as big an impact as people make it out to be, although it certainly motivates first-time buyers," he said. "If it had expired, I don't think it would have shaken the housing market as much as some had predicted."

One potential snag with the extension of the tax credit is a recent government report that uncovered fraud and abuse associated with the tax credit. Thousands of ineligible taxpayers have received millions of dollars under the program, according to the report.

Stephen East, an analyst at Pali Research, said the proposed new $6,500 credit would likely have some impact on the lower-end of the move-up market. "In essence, this could slowly start to prime the pump," East forecast. "That said, we remain wary that any measurable impact will be seen until after the holidays and investors need to reconcile their expectations to that."

By: John Spence, www.rismedia.com

______________________________________________________________________________________________

THOUSANDS OF HOMES.... One Address www.charlesstallions.com

Pensacola, Pace and Gulf Breeze Homes for sale

Charles Stallions

Bank Owned Homes, Short Sales, Regular Sales

Charles Stallions Real Estate 800-309-3414 Pensacola, Fl. — Fri, 27 Nov 2009 19:31:38 -0600

Pensacola, Florida: My best best of the best series of articles on different real estate topics beneficial to Pensacola Investors, Landlords, Tenants, buyers, sellers in Pensacola, Pace and Gulf Breeze, Florida. This weeks topic is on the Investor and who wants to be the next millionaire in Pensacola, Pace, Gulf Breeze, Florida. With a well know, little used strategy we can make you the next millionaire. Unbelievable, put me to the test and see. I hope you find this series to be educational as well as informative. Call me to discuss the use of the of this little used strategy and to discuss how we work and if it will benefit you here in Pensacola, Pace or Gulf Breeze, Fl. Call Charles Stallions 800-309-3414 or E-mail charles@charlesstallions.com. To view short sales, foreclosures, REO's and homes for sale in Pensacola, Pace or Gulf Breeze, Florida Click Here.

Via Batson Group (Keller Williams Realty):

In today's Real Estate Market we find Bank Owned Homes, Short Sales and Regular Sales. Most buyers look for bank owned homes, since they are being listed at a low price and available to close quickly. Short Sales are also priced low, but are they truly available? What's the difference between a bank-owned home and a short sale? We see more regular sales come on the market and for the most part are priced closely to the short sales and bank owned.

There are three types of properties:

•         Short Sales (Pre-Foreclosures)

•         Bank Owned (Post-Foreclosures)

•         "Regular" Listings (Non-Foreclosures)

SHORT SALES:

Short Sales can be a great deal. However, you won't know if it's a great deal until the lender has approved the short sale price. The home will be listed by an agent at a price that they feel is appropriate or will bring buyers, and will be adjusted once the lender has completed a thorough analysis of the home and decides on the actual sales price. In general, the lender approved price is listed below the current market rate in order to sell quickly. But remember, there are many buyers looking for the same great deal. Especially in the first-time home buyer price range, $400K and below, there is lots of competition, which drives up the price of the home during the multiple offer "war".

Until the lender has approved the short sale and price of the home, it's a big waiting game. From the time a home is listed on the market to the time the price is approved by the lender it can take between 2-3 minimum and up to 6 months+ before the short sale has been approved and priced to sell. Anything can happen during that time!!! The home owner could negotiate a loan modification, which is great for them, or simply not cooperate to show the home and decide to let it go into foreclosure. If you have made an offer at the beginning of the short sale process, don't be surprised if other offers come in once the short sale has been approved.

Not to discourage anyone from buying a short sale, they can be great deals, I just want you to be aware of what to expect.

BANK OWNED HOMES (Real Estate Owned - REO's)

These are the homes that everybody wants. Why? Because they are priced right and they are ready to be purchased. No long waiting and no guessing. The challenge is to beat the competition. Not only in the lower price ranges, but in any price range, the competition is high. Once a bank owned home hits the market, you'll need to be one of the first ones to be there and make an offer. The stronger your offer, the better chance for you to win the bid. A strong offer is one that comes closest to the list price, including above asking price offers, with either a cash offer or a high down payment.

Where do we find Bank Owned Homes? In today's market you'll find them in pretty much every city. However, those that are in more high-end neighborhoods, 1 Million and up, they are much harder to find.

"REGULAR" LISTINGS

If you are looking for a bargain you should not ignore homes that are sold by owners. Most sellers who are listing their home in today's market have a very good reason to sell and understand that they have to compete with the foreclosure homes. Many sellers have to sell due to personal, job related or financial reasons. Others would like to sell and are simply curious if their home will sell and give it a try. Either way you'll know very quickly how motivated a seller is once you make an offer. Many times I can find out before hand how much room there is for negotiations or simply make an offer that would be a good deal for you and a fair price for the seller.

Bottom line, in order for a buyer to get into a home, he/she should look at everything that's on the market.

Charles Stallions

The 9 Real Estate Investor Rules

Charles Stallions Real Estate 800-309-3414 Pensacola, Fl. — Thu, 26 Nov 2009 19:46:12 -0600

Pensacola, Pace and Gulf Breeze Florida investors need to read this article and then call me should you have questions or a Real Estate need.

Via Barbara Klare (Gulf Coast Realty Network, Inc):

For the potential SW Florida home buyer it's a great time to buy as we have hit the bottom and there's proof prices are going up. This coming season in Cape Coral, Fort Myers, Lehigh Acres, Bonita Springs and surrounding areas you will come across amazing deals. When you find a home you like, be ready to pull the trigger. Thanks to the recent media attention, our market is saturated with buyers looking for a deal.

Your home buying decision may have to be a quick one. Follow these real estate investor rules and avoid making a big mistake! Before you buy remember the "9 types of houses you shouldn't buy".

9 types of houses you shouldn't buy

1. Small house (less than 1200 sq/ft)

2. Small master bedroom (especially if lacking closet space)

3. Busy street (main road or very close to one)

4. Bad location (far from conveniences or near to undesirable areas)

5. Bad layout (living and dining areas must have a logical flow)

6. No garage (1 car isn't good either)

7. Bad lot (non-conforming shape)

8. Mixed use commercial or multi family

9. Messy neighbors (can bring the value of your home down by 20%)

Charles Stallions

The Secret to Home Sale Success

Charles Stallions Real Estate 800-309-3414 Pensacola, Fl. — Thu, 26 Nov 2009 19:35:54 -0600

Pensacola, Pace amd Gulf Breeze Florida here is a article of interest to us all. Check it out and as always call me should you have a Real Estate need or even if you have a question.

Via Karen Bernetti (The Home Team Advantage, LLC):

sent out a cry for help a while back (please see Staging Doesn't Really Make a Difference After All ... or Does It?) because I need STAGING SUCCESS STORIES for a book I'm writing about preparing homes for sale.

I thought testimonials about home sellers who experienced success because they listened to the advice of a stager/real estate professional would be inspiring to my readers.   After all, we all know what needs to be done. The real trick is getting the seller to actually do it. And testimonials ARE pretty powerful!

I'm so very pleased to say that I received some wonderful stories. I thought I'd show my appreciation for the contributions that I received by sharing these stories with the rest of the world (with their permission of course).

Today I'd like to share an inspiring Staging Success Story from Laurie Calhoun, a Seminole County Florida home stager and Active Rain member. (Be sure to check out the before and after photos at the end. They're pretty impressive!)

“In July 2009 I helped a FSBO client prepare his home for sale. It was a 4 bedroom, 2 bath newer house that was in very good repair. The Orlando Florida market area has been hit pretty hard with short sales and foreclosures. There were lots of other homes for sale in this neighborhood. My client knew he had to do something pretty special to get the price he wanted so he called Gloria Home Staging for some help.

The house could best be described as colorless. It had white walls, white rugs and even a beige sofa in the living room. It didn’t need painting and we were able to use all of the furniture he had on hand. All he had to do was lease some colorful accessories that we strategically placed for him. Since I always look first at what the client already has, I noticed that the wood furniture on the wood floor in the dining room would lend itself beautifully to the white area rug that we found on the white tile floor in the family room.

These carefully chosen accessories added just the right amount of warmth and style to the space.   The entire project cost less than $600 and the house sold at its asking price of $299,900 in only 22 days!”

Check out these before and after photos ....

Formerly a "Sea of Beige" this boring family room is livened up with a splash of

color and style!

You can barely notice that white rug on the white tile above. Look how much nicer it looks in the dining room below ...

Thank you Laurie Calhoun from Gloria Home Staging, in Orlando Florida for sharing these wonderful photos! To see more amazing before and after photos visit www.GloriaHomeStaging.com   If you have a home for sale in the Orlando area, call Gloria Home Staging. Serving the Orlando Florida area 407-695-0023

Do YOU have a success story you’d like to share where the proper preparation (and of course the appropriate price tag) led to a quick and profitable sale? If so, I’d love to hear about it. I know you're busy so I'll do whatever I can to make this as easy and painless as possible. If you don't have time to write your story, just do what Laurie did and give me a call, tell me your story and I'll write it for you.

Here are the criteria for success stories to be considered for inclusion in my program:

~It must be recent - ideally in the last 6-12 months. (A story about a sale that took place 4 years ago when the market was hot will NOT resonate with today's sellers!)

~The property must have sold - we find details about the number of days on market and the number of offers received particularly juicy.

~Include a brief description of the people and their situation or better yet, a client testimonial.

~Include a brief description of the house, its challenges, best & worst features, etc.

~Finally, please briefly explain what you did/suggested (i.e. de-cluttering, painting, a few minor repairs, etc.) that made all the difference. I’m NOT asking for anyone’s “trade secrets” just a very brief paragraph or 2 about what’s working for you in your part of the country.   I look forward to hearing from you!

Karen Bernetti, Realtor and Stager

The Home Team Advantage, LLC

Offering Real Estate, Home Improvement & Property Management Services

Serving Central Connecticut

860-621-6964

www.TheHomeTeamAdvantageLLC.com

Charles Stallions

A Parrot's Thanksgiving and Happy Thanksgiving to you all.

Charles Stallions Real Estate 800-309-3414 Pensacola, Fl. — Thu, 26 Nov 2009 05:23:27 -0600

A young man named John received a parrot as a gift. The parrot had a bad attitude and an even worse vocabulary.

Every word out of the bird's' mouth was rude, obnoxious and laced with profanity. John tried and tried to change the bird's attitude by consistently saying only polite words, playing soft music and anything else he could think of to 'clean up' the bird's vocabulary.

Finally, John was fed up and he yelled at the parrot. The parrot yelled back. John shook the parrot and the parrot got angrier and even more rude. John, in desperation, threw up his hand, grabbed the bird and put him in the freezer. For a few minutes the parrot squawked and kicked and screamed.

Then suddenly there was total quiet. Not a peep was heard for over a minute.

Fearing that he'd hurt the parrot, John quickly opened the freezer door. The parrot calmly stepped out into John's outstretched arms and said "I believe I may have offended you with my rude language and actions. I'm sincerely remorseful for my inappropriate transgressions and I fully intend to do everything I can to correct my rude and unforgivable behavior."

John was stunned at the change in the bird's attitude.

As he was about to ask the parrot what had made such a dramatic change in his behavior, the bird spoke-up, very softly, "May I ask what the turkey did?"

______________________________________________________________________________________________

THOUSANDS OF HOMES.... One Address www.charlesstallions.com

Pensacola, Pace and Gulf Breeze Homes for sale

Charles Stallions

Helpful sites for those facing foreclosure in Pensacola, Pace or Gulf Breeze Florida.

Charles Stallions Real Estate 800-309-3414 Pensacola, Fl. — Wed, 25 Nov 2009 21:34:05 -0600

Are you facing foreclosure here in the Pensacola, Pace or Gulf Breeze area. Well don't feel alone 1 out of 10 folks are facing some kind of crisis with a lender. There is hope, maybe a short sale will be the answer or Loan Modification. Whatever your facing you need not me alone. We can help as we have many in the past three years. We have brought peace of mind to hundreds of home owners similar to you. Please check out these website for help and then go ahead make to call 1-800-309-3414 and let us change your life for the better.

www.hud.gov

www.hopenow.com

www.makinghomeaffordable.gov

www.homeloanlearningcenter.com

www.betterborrowers.com

Call us Now but please don't ignore your lender, it will not happen on its own.

______________________________________________________________________________________________

THOUSANDS OF HOMES.... One Address www.charlesstallions.com

Pensacola, Pace and Gulf Breeze Homes for sale

Looking for a home to rent, sell or buy in Pensacola, Pace or Gulf Breeze Florida then this site was designed with you in mind. E-mail charles@charlesstallions.com for a complete list of foreclosures, short sales, homes for sale or for rent in Pensacola, Pace or Gulf Breeze Florida area. Charles Stallions Real Estate Services located at 139 East Burgess Rd. Pensacola, Florida 32503 has a 6 member team, including experts on Loan Modifications, a Certified Residential Specialist,a Distressed Property Specialist with over fourteen years in real estate dealing in foreclosures, first time home buyer programs and investor sales. We offer full time, full service Property Management in Pensacola, Pace or Gulf Breeze Florida.Click here to view Homes for sale in Pensacola Florida or search pensacolamls for new homes on the market.

Flat Fee of $2995 to SELL or MLS $1495 + 3 %

We offer Property Management for $50. flat fee monthly

Call Now 800-309-3414 for over the phone evaluation and NO Obligation

Charles Stallions

Pick 3. Spend 50. Save your Local Economy...The 3/50 project

Charles Stallions Real Estate 800-309-3414 Pensacola, Fl. — Wed, 25 Nov 2009 20:53:04 -0600

Hey Pensacola, Pace and Gulf Breeze we can do this. Save our towns one business at a time. This is less than a meal eaten out for most.

Via Michael Caruso Real Estate Group:

PLEASE, support YOUR local economy!

The idea is to commit $50 each month to locally owned businesses. Maybe that means rethinking where you currently invest your money, opting to pick up that birthday card or pair of jeans in a locally owned business instead of the big box you’ve been going to. Or maybe it means eating out once a month because you realize slamming the brakes on all spending stalls economic recovery. And it means not shopping online, 99.99999% of online sales generate nothing for the community you live in. It’s just that simple.

Best Regards,

Michael Caruso, Broker ABR ABRM CRB CRS GRI GREEN

2007 President, Orange County Association of Realtors

Charles Stallions

What can you Give to others that is Free!

Charles Stallions Real Estate 800-309-3414 Pensacola, Fl. — Tue, 24 Nov 2009 22:47:25 -0600

What a great post and I would like to share it with all Pensacolians. What would the world look like if we all gave back and the wonderful part is it's free.

Via Victoria Luhring (The Danberry Co):

What can you Give to others that is FREE!

There are so many things in life that won't cost you a thing to give. During these tough economic times many struggle with the preasure of giving, especially during the holidays.

Do we really need those expensive gifts or would our loved ones appreciate something that comes from our hearts?

What are some great things you give to your friends and loved ones that don't cost a thing but bring great joy to those people you love.

A Smile is Free!
A Hug is Free!
Listening is Free!
Discover assistance with Sylvania, Perrysburg and Toledo Area listings. Specifically representing home buyers and sellers with information on Sylvania Ohio real estate, Perrysburg, Maumee Ohio, and Toledo Area needs whether you are buying, building or selling.

If your Searching for a home for sale, or interested in Selling your home near Sylvania, Perrysburg, Maumee, Toledo Ohio real estate, home buying, selling and relocation information, why not choose a Top Agent, great news is that it doesn't cost more to have one of the best. Victoria and Her Executive Team have the experience and knowledge you need. Research shows that over 80% of all home buyers search the internet. She has been recongnized for her internet accomplishments with a proven record of helped her clients get the Upper Hand over the competition. Listing your home for sale on just one website isn't enough, exposure comes from various websites with several different keywords, blogs, various social networking sites and agents internet knowledge.

Free Service: Get the most recent Houses for Sale, by Location, By Subdivision, Within a Price Point sent right to your email for free. See all the Information you need to help you search for the Right Home Location at Luxury Homes in Toledo.

Charles Stallions

Using IRA's to invest in SHORT SALES, and real estate

Charles Stallions Real Estate 800-309-3414 Pensacola, Fl. — Tue, 24 Nov 2009 22:17:49 -0600

Via Doug Miller (Surfsand Investments LLC):

Good morning active rainers,

I still get the question "how can I take advantage of the real estate opportunities with my retirement funds?" And or "is this a good time to invest in real estate." Well I am going to make a public post on my opinion, and again this is only my opinion. YES you can invest your retirement funds in real estate, but there are rules. And to the second question is it a good time to invest in real estate, Um let me think about that, YES again. There are tons of opportunities out there but you do need a professional to help you with the buying process, the due diligence, and is it real a good opportunity. The bottom line is if you have CASH, well CASH talks. The interesting thing I am seeing is that buyers are taking there time, making sure this is a good opportunity and professionals are understanding there jobs of really helping clients, people can tell if your just into it for the commission check. These are undoubtly interesting times, but the thing I always stand behing is true diversification, why not have some real estate in your portfolio? Is is a good time to invest in stocks, bonds, and mutual funds? I don't know I get a headache watching the market and I leave that to my Edward Jones guy, thats what he likes to do. But again I do believe in true diversification and I actually practice what I believe. There is alot of good information out there it just comes down to educating yourself and then moving on what is right for you. Below is some good sites to get some information. Have fun, be smart, and get educated.

www.nuwireinvestor.com

www.entrustnw.com

www.pensco.com

www.guidantfinancial.com

www.realestateinvestmentfirm.com

BOOKS

Retire Rich with your self directed IRA by Nora Peterson

IRA Wealth by Patrick Rice

and one of my personal favorite

Dave Ramsey

Charles Stallions

FHA Losses: What it Means

Charles Stallions Real Estate 800-309-3414 Pensacola, Fl. — Tue, 24 Nov 2009 22:14:27 -0600

Via Howard Bell (www.yourpropertypath.com):

What Do They Do
FHA loan options make it easier to qualify for a home mortgage. Your loan is guaranteed by the government, making your application more attractive to lenders.

The FHA mortgage requires a low 3.5% down payment, and that money can come from a variety of sources including HUD down payment assistance grants. Typical closing costs for FHA home loans are around 2% or 3% of the total mortgage.

Loan Loss is Below Govt Mandate
Its capital reserves have fallen below the threshold mandated by Congress. The FHA has no recourse but to find ways to reduce their portfolio risk. Generally, when an investment portfolio needs to lower its risk profile, it means that requirements will tighten and costs will rise until the risk profile is better balanced.

What it Means To You
Harder to Qualify

The FHA is considering a variety of changes like requiring larger down payments for FHA insured mortgages, demanding higher credit scores and raising mortgage premiums. The FHA has taken on an enormous role in the marketplace. It dominates the new mortgage business. The FHA is one of the tools the Obama administration is using to take up the vacuum left by the banks. Generally, they are not lenders of such magnitude. In the second quarter, nearly 50% of all first-time buyers in the market used a loan insured by the FHA (via cbsmarketwatch.com).

Normally, a low risk lender because FHA home loans have income requirements, maximum loan amounts and most loans are 30 year fully amortizing fixed-rate mortgages. But the FHA has had its neck out since the housing crises began. They like many other Govt institutions are filling the gap left by private lenders. And will continue to do so until the market normalizes, but it clearly is taking a toll.

Thanks for Reading

www.yourpropertypath.com

Related Articles

Loan Modification: A Primer

FHA Has New Rules

Obama Extends the Home Buyers Tax Credit

www.yourpropertypath.com

Charles Stallions

How to Cope with a Fear of Flying!

Charles Stallions Real Estate 800-309-3414 Pensacola, Fl. — Mon, 23 Nov 2009 21:47:17 -0600

This will work for all us high flying travelers. Happy Holidays and enjoy.

Via Kathy Schowe (The Lori Bowers Group):

It's time to travel-- whether you are going to Grandma's house, Mom & Dad's, or travelling to see the kids over the holiday... and if you dread the trip to the airport-- here is a great video to help you calm down and enjoy your flight... or at least make it more pleasant! It really is true-- flying is far safer than driving!

How To Cope With a Fear Of Flying on Howcast

Kathy Schowe 760.333.8886 livethedesertlife.com schoweproperties@msn.com

The Lori Bowers Group La Quinta, California

Charles Stallions

10 Critical Money Management Skills to Teach your Teens

Charles Stallions Real Estate 800-309-3414 Pensacola, Fl. — Mon, 23 Nov 2009 21:07:39 -0600

Via Joyce Kelley Realtors® Pensacola/ Gulf Breeze Homes (Charles Stallions Real Estate Services Inc):

As a parent, you recognize that teaching your children the skills for a successful life is your responsibility. Neither the government, schools, community groups, churches, nor any other person has as much riding on your kid's success as you. One of those life skills is the ability to manage money and it's a learnable skill (thankfully). As your kids get older, hitting those wonderful teenage years, learning these skills becomes even more critical.

1. Balancing a checkbook

Balancing a checkbook is a crucial skill in money management. It's a lot easier today with software (like Quicken), but there are simple instructions printed on the back of most bank statements. The next time you get a bank statement, take a few minutes to show them how it's done. Knowing the real amount you have in your checking account is the first step to avoiding overdrafts. Make sure your teenager knows the how of balancing a checkbook, but more importantly, the why.

2. Budgeting money

Balancing a checkbook tells you where your money went, but using a budget tells your money where to go. Teens learn how to control their money when a parent takes the time to teach them how to set up, use, and prioritize their budget and it's categories. A budget teaches how to properly allocate your money to what's important and how to be flexible when the situation demands. As a parent, the best way to teach your teenager the importance of budgeting is to walk the walk yourself.

3. Establishing credit

Teach your 18 year old the importance of establishing a sterling credit reputation before they go off to college so they can know how to handle the temptation to get more credit cards after they get there. Good credit all boils down to a few things:

³Having only a few accounts open and paying them on time;

³Keeping your balances low in relation to credit limits;

³Better yet, paying off outstanding balances each month.

Good credit can be established for 18 year old+ teenagers by getting a secured credit card.

4. How to pay for college

In an ideal world, parents would have plenty of money saved for their teenager's college experience, but we live in reality, don't we? With the continuing increases in college costs, 18 years of savings might not be enough. As a result, either the parent or the student will have to apply for financial aid. There are other options though, ranging from:

³Work a semester, go to school a semester (pay as you go).

³Attend a local junior college for the first two years.

³Go to college online.

³Take advanced placement courses in high school.

5. Identifying wants vs. needs

I believe it's important to keep some wants in front of you. After all, needs aren't particularly motivating. But it's important that teens recognize that some things in life really aren't priorities when put in proper perspective. Paying for groceries is more important than paying for a house party. Paying car insurance premiums is more important than another road trip.

6. Dealing with debt

No matter how much you teach, chances are pretty good that your teenager will rack up some sort of debt, whether through credit cards or through student loans. Plan to teach them early how to attack debt and get it wiped out quickly.

I'd recommend Debt is Slavery as a short but captivating book on dealing with debt.

7. Paying taxes

Yeah, I don't like paying taxes either, but they're as inevitable as dying for about 50% of the population. When April rolls around each year, make sure your teenager has already filed his or her taxes or has a plan in place to do so. With software packages and free online options, filing your taxes is as easy as setting up a budget or balancing your checkbook. Paying them isn't always easy, but filing is.

8. Saving and investing for the future

Saving and investing for the future can potentially be the hardest thing to teach. The "future" seems just so far away when you're young, but if you teach them to save for a trip or a gadget, they will get some sense of what it's like to hit a goal. From there, ask them if they have any advice for a 10 year old, given their life experience since then. Then ask if they would be willing to listen to your advice to them, given your life experience since your teen years. They just might listen.

From there, I'd recommend reading How a Second Grader Beats Wall Street for some simple, yet effective investment advice and then setting up a savings account.

9. Understanding the total cost of ownership

Teach your children that a price tag is a liar! What is rarely implied is the cost of ownership, not just from the physical standpoint, but from the opportunity standpoint. Sure, that "gently used" BMW may seem like a good deal, until you factor in the cost of tires, brake jobs, oil changes, tune ups, and the inevitable minor fender-bender, but what about the cost of lost opportunity? That car may cost more in the long run than a less flashy, more expensive Toyota!

Economics is simply about the decisions we make with our money, and since money is a finite resource, making one decision precludes others.

10. Choosing a thrifty lifestyle

Everything in life boils down to choices, and that's one of the points of The Wisdom Journal. Making the wise choice to live a frugal lifestyle isn't about being cheap. It's about saying no to gluttony (the desire to consume more than you need) and yes to temperance (the constant mindfulness of others; practicing self-control, and moderation).

By: Ron, www.thewisdomjournal.com

______________________________________________________________________________________________

THOUSANDS OF HOMES.... One Address www.charlesstallions.com

Pensacola, Pace and Gulf Breeze Homes for sale

Looking for a home to rent, sell or buy in Pensacola, Pace or Gulf Breeze Florida. E-mail joyce@charlesstallions.com or click here for foreclosures, short sales or homes for sale or rent in Pensacola, Florida. Charles Stallions Real Estate Services located in Pensacola Florida, a 12 member team of local experts on Loan Modifications, Certified Residential Specialist, Distressed Property Specialist with fourteen years in real estate dealing in foreclosures, first time home buyer programs and investor sales. We are the company you keep, with your one stop office for Property Management, Title and Closing Solutions, FHA, VA, Conventional Loans, Termite and Pest Control, Land Surveyors, Around the House repair company, Legal Service Provider in Pensacola Florida. Click here to view Homes for sale in Pensacola Florida or search pensacolamls for new homes on the market.

Flat Fee of $2995 to SELL or MLS $1495 + 3 %

We offer Property Management for $50. flat fee monthly

Call Now 800-309-3414 for over the phone evaluation and NO Obligation

Charles Stallions

How Much House You Can Afford

Charles Stallions Real Estate 800-309-3414 Pensacola, Fl. — Mon, 23 Nov 2009 20:51:02 -0600

Here you Pensacola Buyers, staright talk and to the point. If I can help you with the purchase of your next home.

Via Nakisha Brisco (Abek Real Estate):

How Much House You Can Afford

There are a number of factors that can contribute to the affordability of a house and, as a potential homebuyer, it's important that you know what type of mortgage payments are within your budget.

Debt-To-Income Ratio

As a homebuyer, your first consideration will be the amount of your monthly mortgage payments. If you owe a lot of debt, lenders may consider you to be a high credit risk, which makes debt-to-income ratio a leading factor in determining how much of a house you can afford.

Most lenders will discount any loans that you will have paid off within one year when determining how much of a home you can afford. As a general rule, your mortgage payment should not exceed 25-30 percent of your monthly take-home pay.

Loan Term

Although you will end up paying more interest in the long run, you will find that you can afford a more expensive house if you request a loan term of 25-30 years, compared to a shorter term of 15 years.

Interest Rates

When you look at an interest rate, all you see is a number. Hopefully, it's a single digit that's comparable with current market rates. Most homebuyers already know that their interest rate affects their monthly payment which, in turn, is determined by the borrower's income. Lower interest rates mean that you can afford a larger principal loan amount, which means a more expensive house.

Credit History

Because your past credit history will play a large role in determining your interest rates, it will also impact the affordability of a house. For instance, a buyer who pays six percent interest will save a considerable amount of money over a buyer who pays eight percent interest on their home loan. It may not seem like much now but, when averaged over time, the savings could be tremendous.

Down Payment Amount

Believe it or not, the amount of your down payment will not only show the lender how serious you are about buying a home, but it will also affect your ability to afford a particular house. For instance, if you were to qualify for a home loan of $200,000, but your dream home was currently listed for $250,000, a down payment in the amount of $50,000 would get you into the home.

The above scenario is just an example, but it does show how a down payment can affect the price of the home that you are able to afford. Some lenders may only require a five percent down payment, but you are free to pay as much above that as you wish. A larger down payment can also reduce the principal loan amount, which thereby reduces the monthly mortgage payments.

Nakisha Brisco, Realtor

Abek Real Estate 820 Oak Harbor Blvd. Slidell, La 70458, 504.301.7183 cell, 985.646.2111 office, 985.646.2772 fax, e-mail: arealtorworking4u@yahoo.com

http://www.PinkSkyListings.com

Southern Louisiana Real Estate on Facebook

Charles Stallions

Facebook Fan Page Basics

Charles Stallions Real Estate 800-309-3414 Pensacola, Fl. — Sun, 22 Nov 2009 15:18:15 -0600

If you are like me this can be a very helpful post. So please take advantage of it as I did and maybe your success will be as good or maybe even better.

Via John Novak - Las Vegas and Henderson NV Real Estate (Keller Williams Realty The Marketplace):

Most businesses recognize the huge marketing power of Facebook, but are unsure of how to use the platform. Should they set up a profile, a group, a fan page ... or a combination of these?

Facebook Fan Pages 101 provides a good overview of fan pages from Ron Jones at Search Engine Watch. One of the most important features is that "external search engines index Facebook fan pages."

Setting up your fan page is easy. Just go to Facebook Pages and you'll find a step-by-step guide as well as tips to prepare and build your fan base.

Already have a fan page? Share a link in the comments. We'll help you increase your fans, and your page just might inspire another!

More Facebook posts:

Keeping It Private On Facebook
Maximizing Your Facebook Fan Page
Five Facebook Fan Page Tips

Duct Tape for Facebook
Managing Your Facebook Fan Page
Facebook Fan Pages Done Right

Charles Stallions

Lets Say Thanks

Charles Stallions Real Estate 800-309-3414 Pensacola, Fl. — Sun, 22 Nov 2009 15:10:39 -0600

I hope all our readers here i=on the gulf will take the time to do this as well. Let's all give a great big thank you for what we have that all other countries have.

Via Ron Brown FHA & VA Home Loan Specialist (First Mortgage Company of Washington):

I just received an email from one of my past military borrowers who has a loved one in Iraq. I thought it was a fabulous idea worth sharing with all the good folks on Active Rain.

Xerox is sponsoring a Thank You card drive for the men & women of our armed forces stationed overseas this holiday season. It will only take a minute of your time, and will definitely brighten their day. All you have to do is visit the Lets Say Thanks web site, follow the 3 easy steps (give your name, pick a design, and choose a pre worded thank you message, or create your own), and Xerox will print and deliver the card to one of our troops.

It does not matter what your stance is on our politics, or foreign policy, these people are serving our country, and deserve everyone's support. From a completely selfish standpoint, this is a great way to get in front of your database in a positive way. Who knows, you might just get some business out of being a nice person.

Charles Stallions

Are you behind on your mortgage payments? Here are some solutions...

Charles Stallions Real Estate 800-309-3414 Pensacola, Fl. — Sun, 22 Nov 2009 14:33:52 -0600

Great post for my Pensacola, Pace and Gulf Breeze, Florida clients as well. If you can use my help as well please don't hesitate to give me a call.

Via Debbie Baldes, Roseville, CA RE Broker-Owner (Executive Properties):

Foreclosure Solutions-Hope for Home Owners

The current U.S. housing market and national financial crisis has caused untold stress and heartache for many American families. Foreclosure is one of the most devastating financial challenges that a family can face and one that many times can be avoided. The options available to home owners for foreclosure are many. Following is a brief explanation of these solutions:

1.) Reinstatement

A reinstatement is the simplest solution for a foreclosure, however it is often the most difficult. The homeowner simply requests the total amount owed to the mortgage company to date and pays it. This solution does not require the lender's approval and will 'reinstate' a mortgage up to the day before the final foreclosure sale.

2.) Forbearance or Repayment Plan

A forbearance or repayment plan involves the homeowner negotiating with the mortgage company to allow them to repay back payments over a period of time. The homeowner typically makes their current mortgage payment in addition to a portion of the back payments they owe.

3.) Mortgage Modification

A mortgage modification involves the reduction of one of the following: the interest rate on the loan, the principal balance of the loan, the term of the loan, or any combination of these. These typically result in a lower payment to the homeowner and a more affordable mortgage.

4.) Rent the Property

A homeowner who has a mortgage payment low enough that market rent will allow it to be paid, is able to convert their property to a rental and use the rental income to pay the mortgage.

5.) Deed in Lieu of Foreclosure

Also known as a 'friendly foreclosure', a deed in lieu allows the homeowner to return the property to the lender rather than go through the foreclosure process. Lender approval is required for this option, and the homeowner must also vacate the property.

6.)Bankruptcy

Many have considered and marketed bankruptcy as a 'foreclosure solution,' but this is only true in some states and situations. If the homeowner has non-mortgage debts that cause a shortfall of paying their mortgage payments and a personal bankruptcy will eliminate these debts, this may be a viable solution.

7.) Refinance

If a homeowner has sufficient equity in their property and their credit is still in good standing, they may be able to refinance their mortgage.

8.) Servicemembers Civil Relief Act (military personnel only)

If a member of the military is experiencing financial distress due to deployment, and that person can show that their debt was entered into prior to deployment, they may qualify for relief under the Servicemembers Civil Relief Act. The American Bar Association has a network of attorneys that will work with servicemembers in relation to qualifying for this relief.

9.) Sell the Property

Homeowners with sufficient equity can list their property with a qualified agent that understands the foreclosure process in their area.

10.) Short Sale

If a homeowner owes more on their property than it is currently worth, then they can hire a qualified real estate agent to market and sell their property through the negotiation of a short sale with their lender. This typically requires the property to be on the market and the homeowner must have a financial hardship to qualify. Hardship can be simply defined as a material change in the financial stability of the homeowner between the date of the home purchase and the date of the short sale negotiation. Acceptable hardships include but are not limited to: mortgage payment increase, job loss, divorce, excessive debt, forced or unplanned relocation, and more.

For more explantion of your options including drawbacks and benefits of each scenario click here!

Charles Stallions

Sears.........and Christmas

Charles Stallions Real Estate 800-309-3414 Pensacola, Fl. — Sun, 22 Nov 2009 14:19:48 -0600

Some companies, as people just do the right thing.

Via Roy T Robinette (the Real Estate Firm):

Jerry W. Ginn
Ginn Group, Inc.
COO/EXEC VP
(404)-669-9214 Work
(404)-669-9215 Fax
(770)-316-2187 Cell
jwginn@ginngroup.com
www.ginngroup.com
200 WestPark Drive
Suite 100
Peachtree City, Georgia 30269

I know I needed this reminder since Sears isn't always my first choice. Amazing when you think of how long the war has lasted and they haven't withdrawn from their    commitment. Could we each buy at least one thing at Sears this year?

How does Sears treat its employees who are called up for military duty? By law, they are required to hold their jobs open and available, but nothing more. Usually, people take a big pay cut and lose benefits as a result of being called up.

Sears is voluntarily paying the difference in salaries and maintaining all benefits, including medical insurance and bonus programs, for all called up reservist employees for up to two years.

I submit that Sears is an exemplary corporate citizen and should be recognized
for its contribution. I suggest we all shop at Sears, and be sure to find  manager to tell them why
we are there so the company gets the positive reinforcement it well deserves.

Pass it on.

Decided to check this before I sent it forward. So I sent the following e-mail to the Sears Customer
Service Department :

I received this e-mail and I would like to know if it is true. If it is, the Internet may have just become one
very good source of advertisement for your company. I know I would go out of my way to buy products from Sears instead of another store for a like item, even if it's cheaper at that store.

This is their answer to my e-mail:

Dear Customer:

Thank you for contacting Sears.The information is factual. We appreciate your positive feedback.

Sears regards service to our country as one of greatest sacrifices our young men and women can make.    We are happy to do our part to lessen the burden they bear at this time.

Bill Thorn Sears Customer Care
webcenter@sears.com
1-800-349-4358

Please pass this on to all your friends. Sears needs to be recognized for this outstanding
contribution and we need to show them as Americans, we appreciate what they are doing for our military!!!

It's verified by Snopes.com at:

http://www.snopes.com/politics/military/sears.asp

Charles Stallions

The Accidental Investor Today's Real Estate Speculator

Charles Stallions Real Estate 800-309-3414 Pensacola, Fl. — Sat, 21 Nov 2009 17:55:55 -0600

Here is a great article as well and if you are thinking of investing Pensacola Real Estate then why not call a Realtor/ investor. I cannot buy and refab all the great deals so I pass them along to my investors/ friends. Want to be the next Millionaire then go ahead make the call.

Via William J Archambault Jr (The Real Estate Investment Institute ):

The Accidental Investor Today's Real Estate Speculator. Are you a real estate speculator? Who are the majority of today's real estate speculators? How can you be an accidental investor/speculator? It may surprise you!

The last thing on your mind is investing in real estate. You've convinced yourself can't afford the house you bought four years ago. Or you've lost you job. Your youngest needs his tonsils out, your 16 year was just added to your car insurance, and your oldest needs a prom dress and starts collage in 7 months!

You don't want to invest in real estate! You want to divest! You want to sell your house! Now! To that end you called several local REALTORS® taking bids on listing your house. You listed with the one that said they could get you $235,000.00 and would only charge you 4.5% to do so! You really resented that arrogant agent with all those pretentious letters behind his name, who does he think he is? Suggesting your house is only worth $200,000.00 and demanding 6% for his services.

Well, it's now four months later. Your listing agent now has nine months experience and he proudly tells you about his latest two sales, omitting that they are his first two sales and neither has closed yet.

You're visiting with agent because he's got an offer from that guy who tried to list your house for $200,000.00. He explains that guy ask to present the offer himself, but that he wouldn't allow it. He had to protect you, from this low-ball offer, he was only showing it to you because it was the only offer you've received.

He says the offer is for only $195,000.00. He reminds you your house is worth $235,000.00. He tells you the guy sent over notes about several sales where the sellers got cheated selling houses like your's for under $200,000.00. He tells you he already turned the buyer down, but the agent insisted that according to state law he had to present the offer. Your agent explained the offer was insulting and he'd already written rejected across the acceptance/counter offer box and page 33! He ask you to initial it.

Offended at being offered only $195,000.00 you reject the offer! Or possibly counter at full list price.

You just became a real estate speculator!
Broke with your savings gone, hanging on by your fingertips you just invested in speculative real estate, advised by the least experience real estate agent you know!

Truly, when you reject an offer it's the same as buying your house today with the hope of selling it for a profit in the near future!

A more experienced agent would likely have put it to you just that way. Today's real estate speculator is more likely to speculating on his own home and more likely to lose money than at any time in our history. Like most losers the cause is two fold, personal ignorance and poor advice!

I'm not suggesting that all low offers be accepted, but all offers should be considered not rejected out of hand! When you reject an offer even a low one from a willing and capable buyer you are speculating. You become The Accidental Investor Today's Real Estate Speculator!

Can you afford short term investments? Have you ever heard an old saying about "a bird in hand being worth...?"
Bill

William J Archambault Jr

The Real Estate Investment Institute

wja@reii.org 832-259-7078 or 702-516-1569

From my past: GRI 1975, FLI 1974, Catalyst from a client 1974 an agent that makes things happen, REII, The Real Estate Investment Institute 1995.

©William J Archambault Jr ©The Real Estate Investment Institute ©REII

Charles Stallions