mobile alabama real eatate: Alabama's real-estate markets are doing better than most of the country - 10/01/08 03:39 AM
Marlon G. Cook, a regional manager in the Federal Deposit Insurance Corp. in Atlanta, told those at Tuesday's Coastal Economy Outlook conference that Alabama's financial and real-estate markets are doing better than most of the country.
Cook predicted mortgage credit would "remain under tremendous pressure until the end of the year and into 2009." But, he added, Alabama is doing "relatively well" compared to its neighbors in Florida and Georgia, and when compared to the nation.
"We find good news with ThyssenKrupp, which will bring in about 3,000 jobs," he said. The German steelmaker is building a $3.7 billion steel plant … (1 comments)

mobile alabama real eatate: Ways to Save Money on Homeowners Insurance - 09/27/08 01:33 AM
The Gulf Coast of Alabama and all its beauty is a great place to live, However the price tag has gone up. Homeowners Insurance has caused more buyers not buy, more so than all the changes in lending.  
When looking for homeowners insurance, use the many resources available to you.  You'll find valuable information through friends, family, the phone book and Internet. It's best to collect a wide range of prices from a number of different companies.
 
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mobile alabama real eatate: You can achieve good credit by following these tips - 09/25/08 11:49 AM
     
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mobile alabama real eatate: What should I know before buying a home - 09/23/08 06:49 AM

Here are some tips that could save you a lot of time, money and trouble.
Plan ahead.Establish good credit and save as much as you can for the down payment and closing costs. Set a budget and stick to it.We can help you determine a comfortable price range. Keep your day job.If there's a career move in your future, make the move after your loan is funded. Lenders tend to favor a stable employment history. Know what you really want in a home.How long will you live there? Is your family growing? What are the schools like? How long is … (3 comments)

mobile alabama real eatate: The state of the real estate - 09/22/08 11:51 AM
The state of the real estate industry for some has gone from happiness to hopelessness, from abundance to abandonment, from desire to drought, from feast to famine.  We are being led to believe through repetition, trauma and circumstances portrayed through the media that the real estate industry has and continues to fall and experience continual drought and nothing can be done to turn it around. 
I love the story of George Dantzig that Cynthia Kersey wrote about in Unstoppable. As a college student, George studied very hard and always late into the night. So late that he overslept one morning, arriving 20 … (7 comments)

mobile alabama real eatate: Understanding the Purchase Contract - 09/19/08 05:19 AM
The ClosingThe closing is the final step to buying a home. The meeting generally takes about an hour and is held at the title company office as specified on your contract.
To obtain a final listing of the costs of the mortgage transaction, you should request a HUD-1 Settlement Statement from your title agent at the title company.  The HUD-1 Settlement Statement is a final listing of the costs of the mortgage transaction. It provides the sales price, down payment, and the total settlement costs required from the buyer and seller.
Important note:To cover the closing costs and the balance of … (0 comments)

mobile alabama real eatate: Benefits of Owning Compared to Renting- Good Investment - 09/19/08 05:15 AM
As a fairly general rule, homes appreciate about 3% - 5% a year. The appreciation value may be more in some years and less in others and will vary from neighborhood to neighborhood and region to region.
 
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mobile alabama real eatate: Credit - 09/18/08 09:09 AM
Credit scoring is a statistical method that lenders use to quickly and objectively assess the credit risk of a loan applicant. Today this is more important than ever
The score is a number that rates risk associated with paying your debt on time.
 
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mobile alabama real eatate: 7 Reasons Why You Should Own a Home - 09/16/08 01:03 PM
NAR put this out a while back, but does it still makes sense today ?
Tax write off:  According to the U.S. Tax Code you can deduct the interest you pay on your mortgage, property taxes, and some of the costs involved in buying your home.
Home value: While the median price of single family homes nationally has gone down -1.8% between 2004 and 2007 the Mobile Real Estate has thrived by increasing in value by 6.4%. Even with a 6.4% percent increase in value the Mobile market is still considered a buyer's market thanks to the ongoing tremendous growth. Stats offered by … (12 comments)

mobile alabama real eatate: The financial and credit crisis - 09/15/08 08:22 AM
Cost of living in 1968
Dow Jones Avg- 943  ( today 12,000-14,000 )
Avg cost of a new home- 14,950.00 ( today 225,500.00 )
Avg income - 7,850.00  ( today 48,200.00 )
Avg monthly rent - 130.00 ( today 1,153.00 )
Gallon of gas - .34 ( today 4.00 )
Avg cost of a new car - 2,822.00  ( today 27,958.00)
Movie ticket- 1.50 ( today 7.00 )
Loaf of bread - .22 ( today 3.12 )
Gallon of milk- 1.21 ( today 4.12 )
HOME INTEREST RATES in 1968  - 6.5 %  
TODAY -  5.25%  
  "The financial and … (3 comments)

mobile alabama real eatate: A few reminders before you close on your loan. - 09/14/08 08:16 AM
 
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mobile alabama real eatate: Avoid Predictable Mortgage Scams - 09/12/08 09:52 AM
"Bad credit? No problem!"
Unscrupulous mortgage brokers and lenders use lines like this to aggressively target families and steal their single largest source of wealth-home equity. As families work hard to build wealth through homeownership, abusive loans can quickly sabotage their progress and even push them into foreclosure. Predatory lending is most common in the subprime market, where home loans cost more and often come with monthly payments that increase over time. Subprime loans result in foreclosure far more frequently than mainstream "prime" loans. To make matters worse, many of the families steered into high-cost subprime loans could qualify for more … (0 comments)

mobile alabama real eatate: An appraisal of real estate - 09/12/08 09:09 AM
An appraisal of real estate is the valuation of the rights of ownership.
Instead of just creating the property value, the appraiser uses market data to derive a value estimate.   The appraiser must take the site, amenities and the physical condition of the property into consideration when compiling the report.  Before the appraiser can come to a final opinion of value, there must be a good deal of data conducted and collected.  He will inspect the property as part of preparing the report.
 
The need to accurately define the purpose of the appraisal is essential due to the … (0 comments)

mobile alabama real eatate: Title Insurance Policy - 09/11/08 06:46 AM
An owner's title insurance policy protects the owner against title defects in the property.  A mortgage title policy protects the holder of the mortgage on the property. Separate policies are required to protect both interests.
After the buyer's deed is delivered and recorded, the owner's policy of title insurance is issued. Typically, a purchaser's policy is issued after both parties have executed the contract  and the title agent has recorded the deeds.
The coverage of your policy applies only to matters that appeared of record up to the date of issuance of your policy. Some documents may have been recorded since … (1 comments)

mobile alabama real eatate: Down Payment Loans and Gifts - 09/11/08 06:43 AM
Loans and gifts can help with your down payment but you can not use this strategy for all loan programs. The most popular program for this tactic is the Federal Housing Administration or FHA. FHA allows 100% gift funds for your down payment. The gift can be from any relative or can be collected through new innovative programs, like the Bridal Registry where couples receive money into an account that can be used for the down payment.
Another popular tactic which can be used in a wider range of programs is to borrow from your 401K program. If you have a … (1 comments)

mobile alabama real eatate: Don’t Move Money Around- in the Mortgage Process - 09/11/08 06:37 AM
The source of funds for your down payment and closing costs is a high level concern for lenders when they review your loan package for approval.
 
   
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mobile alabama real eatate: What is Estimates of Closing Costs - 09/11/08 06:33 AM
Your lender will provide a Good Faith Estimate of Closing Costs which include but are not limited to:
Down payment
The loan origination fee
The mortgage loan processing fee
The mortgage loan underwriting fee
Appraisal fee
Credit report fee
Flood certification
The homeowner's insurance premium for the first year
Escrow account reserves for insurance and property taxes, if applicable
Survey fee
Attorney fees
Title search fee
Title insurance premium
Title company fees
Courier fee
Deed recording fee
HOA transfer fee if applicable
 
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mobile alabama real eatate: Homeowners Insurance Information - 09/11/08 06:30 AM
When you insure your home, you should insure your home for the total amount it would cost to rebuild your home if it were destroyed. If you don't have sufficient insurance, your insurance company may only pay a portion of the cost of replacing or repairing damaged items.
 
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mobile alabama real eatate: Frequently Asked Mortgage Questions - 09/11/08 01:06 AM
1. What is Prequalification? Prequalification is the process of determining what price a home can be purchased by a prospective buyer. 2. My real estate agent recommended that I get a commitment letter. What is a commitment letter, and why should I get one? A commitment letter is given by the lender stating the terms which it agrees to provide a mortgage to a homebuyer. Commitment letters help you set realistic goals while you're house-hunting, provide the same negotiating ability as a cash buyer, and enable you to move quickly once the perfect home is found.3. When mortgage lenders refer to … (0 comments)

mobile alabama real eatate: Real Estate/ Mortgages Pros - Do you feel Like bullets are flying all around you ? - 09/10/08 05:33 AM
These days if you are in the Real Estate business ( mortgage business included ) you almost have to feel like you are on a episode of Survivor...not wanting to get voted of the island !
Lenders with new guidelines ( Daily ) 
Appraisal Issues ( I sure a lot of are saying don't even get me started on this one )
$4.00 gas  
I love the story of Cortez's and his persuasive speech.
Once out on the ocean, it didn't take long for Cortez to realize he had a problem. Some who were excited before the journey, had now turned into Cries of … (2 comments)

 
Gena Bolton, Sandestin, Destin and South Walton 30A Real Estate (eXp Realty LLC |  CRS, GRI, CLHMS   |   SoWal 30A Your Beach Awaits   | )

Gena Bolton

Sandestin, Destin and South Walton 30A Real Estate

Sandestin, FL

More about me…

eXp Realty LLC | CRS, GRI, CLHMS | SoWal 30A Your Beach Awaits |

Address: -, Grayton Beach, Fl, 32459

Mobile: (251) 366-0423

Sandestin, Destin, Santa Rosa Beach and South Walton County Florida's Scenic 30A Real Estate Sales. From the resort living neighborhoods of Sandestin Golf and Beach Resort, to the Condominiums of Destin to communities along scenic 30A, such as Watersound, Rosemary Beach, Watercolor and Seaside. Follow us for all the latest updates here in PARADISE! As your 30A, Sandestin, and Destin Specialist, I am 100% dedicated to helping you find your dream home or sell your existing property. I will tailor my services to meet your individual needs and goals. My commitment to you is to provide the personalized real estate services you deserve. Anything less is a disservice!


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