Short Sales - Pensacola Florida
Closed another handful of short sales over the last few days. 23% of mortgages in Escambia County Florida are underwater.....
Freddie Mac loosening requirements, are they setting us up again? Lowering the requirements for borrowers to get a loan (thin ice lending) what will happen?
If you find yourself in the revolving merry-go-round of a loan modification all the while falling further behind on your mortgage payments, stop, get off the ride. Promises by your lender that you should try to modify your loan again and again is like being stranded in the Mojave Desert and seeing a myriad of oasis mirages. Time for a new ticket for another ride otherwise your merry-go-round will turn into an E-Ticket ride on the ghost of yesteryear's wooden roller coaster on the Pike in Long Beach California!
Jack Lara, Main Street Properties, Inc. 1313 Creighton Road Pensacola Florida 32504
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