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To Visit Homes For Sale http://www.marklyon.com/myhomes.asp




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It might be a little to early to make a judgment on the new foreclosure prevention plan announced by the Obama administration but the little I was able to read doesn't give me much hope. The fact that the refinance part of this plan would cover those mortgages that were, at a maximum, 5% over the homes value is troubling. That would have been a great plan if this were the beginning of the crisis and not two years into it. There are communities where the values have dropped so quickly that people are 30%, 40%, 50%, and in some condo communities here in Florida it reaches 80%, below their mortgages. Don't misunderstand my point, this could help a lot of people but not nearly the amount that will be needed to help stabilize the market. Until the market stabilizes there will be no recovery.
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The City of Miramar is hosting the Grand Opening of Ansin Sports Complex. The complex is conveniently located at 10801 Miramar Blvd, just east of Hiatus Road. Bring your entire family and come join us on Saturday, February 14, beginning at 11 a.m
We now have our very own state-of-the-art track with the ability to host national and international competition. The Super X Mondo track surface is identical to the 2008 Olympic track surface in Beijing.
You and your family will enjoy the basketball, netball courts with lights and a cricket practice area. A 5,000 square foot all-inclusive playground. In addition to the outdoor amenities. In door activities include a computer lab, recreation room, game room, men's and women's locker room, concession stand, offices and a 2nd floor press area that over-looks the track.
Bring yor family and friends to join us on this fun filled day. For more information please call 954-602-3175.
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As i listened to this request yesterday I thought back to the days when this type of client would actually be able to purchase a home. In the old days a person could get a mortgage without showing much. Requirements were so eased that a crafty mortgage broker could shop this loan to a dozen sub-prime lenders and guess what?! Someone would bite!
Often the Lenders would roll out the red carpet for guys like this!
Today, hearing someone tell you they have "NO CREDIT and NO MONEY" I normally end the conversation,shake hands and politely show them the front door of our office.It`s obvious some people are living in a drug induced coma!
The world of Real Estate has changed so much.Banks are so cautious, the don`t even loan money anymore. Inspite of what the media proclaims "banks couldn`t care less"...
Dealing with individuals who are in search of "Lease to own homes or coming out of pocket with Zilch" is a waste of time unless their credit scores are in the mid 700`s...
Back to the client. He saw one of our listings in Pembroke Pines,Florida the home is a beautiful 4bedroom 3bath pool home which is severely upside down.
He wanted to place an offer on the home,hoping the lenders would forgive his past history.
When he told me his plan and wanted me to speak to the lenders I asked him how he would come to closing without any money?
He gave me a blank stare and accused me of "Ruining his dream" I guess he really didn`t think the entire process through!
Dreams are good when sleeping,but don`t daydream during working hours, it`s not funny anymore!

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