If you see that your current financial position will lead to missing payments or you will not be able to make the full payment then you need to take action. It is important to call your mortgage company promptly if you realize you are in trouble or are going to be in trouble. This is the first
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02/24/2009
Employers have the right and are actively checking the credit regularly of all employees who ae in sensitive positions. A foreclosure in many cases is grounds for immediate reassignment or termination. A successful Short Sale may avoid the problem. A short sale is not reported on a credit rep
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02/22/2009
Foreclosure vs. Short Sale (Homeowner Consequences) Issue: Future Fannie Mae Loan for Primary Residence Foreclosure: A homeowner who loses a home to foreclosure is ineligible for a Fannie Mae Backed mortgage for a period of 5 years. Successful Short Sale: A homeowner who successfully negotiat
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02/19/2009
The other side of the coin...Lets see if banks are forced to modify loans then what? When a new borrower enters the market do you think his rate will be affected by any previous forced loan modifications? Just wondering if the new borrower's rate will be higher. Newton said: That for every acti
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02/18/2009
Market information for the Pensacola area. Pensacola Association of REALTORS®Monthly Residential Statistics (Residential Detached, Attached, and Condominiums) This covers Escambia and Santa Rosa County2009 JANUARY 2009 STATISTICS 2009 2008 2007 2006 2005 2004 Current Active Listings at Mont
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02/15/2009
Four Bedroom Three Bath House for sale at $84,000 in West Pensacola ~ SHORT SALE ~ Just needs some Cosmetic Work ~ The seller says sell it, The seller's lender says sell it, The last buyer got chilly feet and is missing out on home ownership ='s Opportunity for you,..... ~ Look at FHA 203K Stream
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02/11/2009
Investors, now is the time to Buy. Interest rates are very low. $$ entering the market...is inflation around the corner, say 18 months from now? What will happen to those investors that buy today? Inflation will cause your real estate asset to grow in value, paper value. Get into an investme
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02/11/2009
Real Estate News from Keller Williams Realty Corp
02/10/2009
Corporate News from Keller Williams Realty
02/10/2009
Since January 1, 2009 there have been 26 closed sales of residential detached houses in the Cantonment area. This info covers the area north of Nine Mile Road and also includes the Beulah area. Of the 26 sales 7 (27%) were distressed property sales. A distressed property is defined as a: Short
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02/08/2009
