Should You Buy Pensacola Beach Foreclosures Now? Absolutely!

With interest rates at record lows and the stock market looking too perilous for small investors, many people are putting money in an asset they understand — real estate.
One of the best places to invest is in foreclosures and bargain residential real estate.  The current Pensacola market conditions make it a perfect time for a [...]

FHA 203k HUD Rehab Loan

The FHA 203k loan program is the Department of Housing and Urban Development (HUD),  primary program for the rehabilitation and repair of single family properties.
Lenders have successfully used the FHA 203k loan program in partnership with state and local housing agencies and nonprofit organizations to rehabilitate properties.
HUD also believes that the FHA 203k [...]

Steps For A Pensacola Beach Short Sale!

Short sales are not necessarily complicated but do require some work on your and Doc Cindy’s part.
1.  What is the true value of your property.  Doc Cindy can provide a “market analysis” and give you a good idea of what your Pensacola Beach home or condo might sell for.  
2.  Calculate your estimated closing costs. Items such as a title [...]

Pensacola Beach – Short Sale

$329,900     3 Bedrooms / 2 Baths      1,100 sq ft
Motivated Seller! Reduced over $100,000, needs to sell! Best buy on the beach for a single family home with excellent sound views. Completely remodeled & freshly painted. Bright open floor plan with high vaulted ceilings, track lighting, tile flooring, seperate dining area, updated appliances including Whirlpool flat [...]

Short Sale – Pensacola Beach Gulf Front Home

$990,000     4 Bedrooms / 4 Baths     2,668 sq ft
Breathtaking views and just steps out the door to the Gulf from this recently built Pensacola Beach 4 bedroom 4 bathroom home. This wonderful home with its’ Gulf side location offers over 6600 feet under roof with over 3000 sqft of open porches to enjoy the incredible [...]

Portofino Tower One #1401- Short Sale

 

Portofino Pensacola Beach

 $745,000       3 Bedroom / 3 1/2 Baths     2,078 sq ft
Portofino Gulf front 01 unit. Granite kitchen and baths, tile and crown moulding throughout, ceiling fans in living room and bedrooms and stainless steele appliances.Extremely clean. Property situated on 28 acres of beachfront land. Amenties include indoor olympic pool and beachside pools in each [...]

Pensacola Foreclosures Trends

Pensacola News Journal, Kris Wernowsky, December 14, 2008
……….Homeowners, renters and investors are the faces of the foreclosure crisis.  Florida has one of the highest foreclosure rates in the country, and the problem steadily is getting worse.
Escambia County ranks 37th, and Santa Rosa County ranks 42nd among the state’s 67 counties in percentage of foreclosures, [...]

How Foreclosures Changed the 2008 Presidential Election

If you want to know how the 2008 presidential election was won you need to look no further than the nation’s biggest foreclosure centers.
Seven of the top 10 foreclosure states voted Republican in the 2000 and 2004 presidential elections, while three states went Democratic. This time around the Democrats captured eight of the top 10 [...]

What is a Short Sale?

A short sale is the sale of a house where the sale price is less that what the current homeowner owes on the mortgage.  Lenders may agree to a short sale and take a loss on the loan instead of going through the lengthy foreclosure process.  If the lender does agree to a short sale, in [...]