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Gulf Shores, Alabama - Programs offer help to prevent foreclosure

Scott & Tinsley Myrick,  Gulf Coast Real Estate Professionals: Real Estate Agent in Gulf Shores, AL

Programs offer help to prevent foreclosure

Sunday, March 01, 2009 By KATHY JUMPER Real Estate Editor

Help is on the way for homeowners facing foreclosure, starting Wednesday.

The $75 billion federal Homeowner Affordability and Stability Plan is aimed at helping families restructure or refinance mortgages to avoid losing their homes. The plan also gives lenders incentives to modify mortgages for struggling homeowners, in turn reducing the foreclosure inventory.

"I'm very hopeful and optimistic that this will work," Sandra Dunaway, director of Consumer Credit Counseling Service of Mobile, said last week. She said her office is seeing 40 to 50 homeowners a month for foreclosure prevention help.

"I'm hoping that consumers will come to us first," Dunaway said. "We don't want them to set themselves up to fail. We will do a budget for them, look at their assets and set up a realistic plan for this particular family right now." Consumer Credit Counseling works directly with lenders to help families through the process, she added.

Consumers can begin applying for the mortgage relief Wednesday, according to the federal plan.

There are two programs that offer help, according Dunaway.

No. 1: Homeowners current with their mortgage but who owe more on the house than its current worth can refinance. The government has provided incentives to lenders - for every dollar lost by reducing the interest rate, the government will pay the lender a dollar. And there is an incentive for homeowners - if the borrower stays in the house, the government will pay $1,000 toward the principal balance each year for up to five years, she said.

No. 2: Those struggling to make their mortgage payments or already delinquent may be eligible for a loan modification, she said. The same incentives are available for lenders and borrowers under this program.

There are no guidelines that dictate a specific reduction in rates or payments, according to Dunaway, who added, "With the rash of foreclosures, I'm thinking that the lenders are going to get on board with this."

Local lenders seemed to agree.

"No bank wants to foreclose," said Glynis Hyde, a vice president at Regions Bank. "We're not in the rental or selling business." Regions a year ago implemented its own mortgage payment hardship program to help customers find different strategies to prevent foreclosure, she said.

Banks don't want the real estate, said Karen Sullivan of BankTrust in Mobile. "That's not what's profitable for us. We try to work with the customer - some payment is better than no payment."

The foreclosure bill is geared for individuals in crisis, not for investors who bought to flip, according to Sullivan. Still, she said there are ways to restructure even those mortgages to help investors.

For more information, go to www.financialstability.gov or www.recovery.gov.

Panoply of parades roll across the area

Scott & Tinsley Myrick,  Gulf Coast Real Estate Professionals: Real Estate Agent in Gulf Shores, AL

Wednesday, February 25, 2009 By ROY HOFFMAN, VIRGINIA BRIDGES, CONNIE BAGGETT and JILLIAN KRAMER Staff Reporters

As the first drums sounded along the parade route Tuesday morning, and masked riders appeared, the Carnival crowd knew Fat Tuesday 2009 was under way.

Misty Davis, of Chatom, held her purple umbrella fashioned with a purple boa. Snowbirds Rocky and Barbara Rockwell, of Rochester, N.Y., wore funny hats they had purchased in town. Kathy Smith, from Chunchula, rocked granddaughter Rachel, 16 months, in her arms to the beat of the music.

Some were first-timers, like the Rockwells, who had traveled to Mobile just to experience Mardi Gras because "it originated in Mobile." Others, like Kasie Irby and her circle of family and friends, were reliving a yearly ritual, having parked their truck near Bienville Square on Monday night and set up chairs for all-day revelry.

"I want to catch some beads for my Daddy," said Reanna Vlasic, 5, whose mom, Donna Vlasic, had traveled with Reanna and other family from Baker, Fla., for the event.

"We just say it's for the kids," said Reanna's aunt, Jaclyn, laughing.

On the other side of Mobile Bay, at the Gulf Shores and Orange Beach parades, locals, tourists and snowbirds came together in search of revelry, big beads, and chocolate and peanut butter Moon Pies.

Apparently, snowbirds have had little trouble figuring out how to earn Mardi Gras loot. Some stood up front yelling that they were "Mardi Gras virgins," while others stood behind the crowd flaunting their undergarments, worn over their clothes.

And as Mobile's frenzied reveling rose to a crescendo with the sun setting in the west, streets around downtown filled with traffic as latecomers searched for parking in a city already gridlocked with merriment.

Hundreds have apparently adopted the parking theory "they can't tow all of us" as streets jammed with parked cars even as the Order of Myths began the closing act of Mardi Gras 2009.

True to form, there was Folly chasing Death around the broken column of life, and a string of floats following a regal theme for their 142nd annual parade: "Of Kings and Emperors."

Even in the hysteria of flying candy and toys, there was chivalry. A group of teens that had racked up on throws turned to a mother with a small child in a stroller and loaded the youngster up with Moon Pies and trinkets as the grateful woman thanked them.

Parade highlights

Weather: As Deborah DeGuire, owner of A&M Peanut Shop on Dauphin Street said while serving customers in her jam-packed store at noon, "So far, so good. The weather is perfect!" In the morning, shortly before 11, when Athena reached Bienville Square, the temperature on the sign on Regions Bank at the corner read 56 degrees. When the Knights of Revelry were there, about 1 o'clock, it was 63 degrees. Clear, pleasant, blue-skied during the day, the weather seemed made for Fat Tuesday revelry. In the evening, the weather was cool and clear, with a temperature in the middle 50s by the time the floats rolled.

Gulf Shores/Orange Beach - Conditions here were chilly when revelers started to line the parade route Tuesday morning, but many shed their jackets after standing in the warm sun. When the Gulf Shores parade started at 10 a.m., it was about 54 degrees, but by the 1:30 p.m. Orange Beach procession, the temperature had jumped nearly 10 degrees, according to the National Weather Service.

Best float: Athena - The theme of "An Affair to Remember" was beautifully played out in famous couples, real and imagined. The older generation enjoyed the float dedicated to that cowboy couple of yesteryear, Roy Rogers and Dale Evans. The kids, and oldsters, too, thrilled to Mickey and Minnie.

KOR - "Got Milk," as a theme, made for a delectable cavalcade. Tony the Tiger, on the front of "Frosted Flakes," was bold and colorful; Snap, Crackle and Pop were hard to resist on the sides of "Rice Krispies." Also by popular acclaim, Ivan's Edifices had plenty of color and sparkle.

Gulf Shores/Orange Beach - The Gulf Shores emblem float, decorated like a cabana bar that landed in Mardi Gras, set the beach tone for the many fish, pirate and other nautical floats that followed. Orange Beach's first significant float, a Marlin with the banner "Hooked on Orange Beach," also set an impressive tone for that parade.

Best Marching Band: KOR - Jackson-Olin High School from Birmingham came south to show their Mobile counterparts they could blow the house down, and they did. The most stirring sounds came from the bagpipes of the Virginia Military Institute band, as they marched with beautiful precision in advance of the MCA King Felix III parade.

OOM - Selma High, for high-spirited dancing for most of the route.

Gulf Shores/Orange Beach - Gulf Shores High School rocked the streets during both parades.

Best Truck Band: Athena - The Bay Blasters, knocking out "Old Time Rock and Roll."

Gulf Shores/Orange Beach - Adam Holt. Nothing fancy, just good music.

Stingy or Generous: Athena - Fat Tuesday's first mystic society to roll put everybody in a happy mood with their plentiful throws.

KOR - These guys poured out the treats, with a good number of stuffed animals as part of the bounty.

OOM - Throws were generous, with revelers barely able to carry their bountiful booty home without resorting to bags.

Gulf Shores/Orange Beach - Gener ous. Plenty of stuffed animals, beads and other useless stuff for everyone.

Best Throw: Athena - The beautiful, sought-after beads with the OOA emblem on them, of who else but golden Athena.

KOR - Small cereal boxes from the cereal-themed floats seem like a good idea, in fact, an edible and healthy idea, too, at least to those who can only down so many Moon Pies.

OOM - A plush football was highly prized by those along the barricades. The strangest throw was a set of car keys, which could explain at least one of the hundreds of cars abandoned along the streets of Mobile.

Gulf Shores/Orange Beach - A small, pink stuffed shrimp with a Mardi Gras hat. It sounds pretty simple, but it inspired a heck of a celebration scream when Kattie Ksiazek, 27, of Foley caught it.

Best Little-Seen Umbrella Dance: On Government Street, on a stretch of grass near Royal, Heather Covert from Theodore watched her children, nieces and nephews spinning umbrellas and marching back and forth while waiting on parades as her little son, Preston, blasted his toy horn.

Best Tourist Use of Loot After Mar di Gras: One Pennsylvania woman said she wasn't going to bother buying souvenirs; she would just bring everyone beads and stuffed animals.

Most Appropriate Mardi Gras Beach Parade Costume: How could anyone go wrong with the long T-shirt that sports a svelte body in a two-piece bikini for the women and a buff body in a Speedo for the men?

Best Multi-Tasking Mom: Skating with the Mobile Roller Derby women, leading off the Order of Athena parade, was Robin Martin, wearing a vest emblazoned with her game name: "Southern Belle From Hell." After the parade, Martin referred to herself as a "stay-at-home mom," as she and her husband, Chris, watched over their two kids, Madison, 6, and Zephyn, 19 months.

Mobile Mardi Gras 2009 comes to an end on a fine Fat Tuesday

Scott & Tinsley Myrick,  Gulf Coast Real Estate Professionals: Real Estate Agent in Gulf Shores, AL

Mobile Mardi Gras 2009 comes to an end on a fine Fat Tuesday

Posted by Dan Murtaugh -- Press-Register February 25, 2009 9:49 AM

Categories: Mardi Gras Photo by Bill Starling / Press-Register

Revelers press against the barricades as they scream for throws Tuesday while the Knights of Revelry parade winds through downtown Mobile on the final day of Mardi Gras 2009.On a warm, sunny Fat Tuesday, both sides of Mobile's Mardi Gras -- family friendliness and boozy bacchanalia -- were on display within throwing distance of each other.

Beneath a canopy of sun-dappled oak trees in Bienville Square, children tossed footballs to each other while adults stood nearby, grilling barbecue chicken.

Two blocks away, a short, bespectacled man wearing a University of Alabama T-shirt on his chest and a pair of briefs on his head took part in an impromptu Bud Light-chugging contest in front of the Soul Kitchen.

Mobile police estimated 143,360 people packed downtown Mobile for the parade of parades.

The Order of Athena kicked things off at 10:30 a.m., and the Order of Myths finished off the Carnival season just after 7:30 p.m.

In between, the kings and queens of Mardi Gras waved politely to their subjects in the MAMGA and MCA parades.

The crowd was greeted by clear skies and temperatures in the high 50s and low 60s all day long. The pleasant weather made it easy for people to get into the Mardi Gras spirit.

During the Knights of Revelry parade, a man wearing a jester's hat caught a box of peanut butter Moon Pies -- perhaps the hottest commodity in Mobile over the past three weeks.

A woman immediately came up and asked for one. When the man gave her the entire box, she shrieked and started jumping and waving her hands like a character from "Sex and the City."

Elsewhere during the parade, Pascagoula resident Misty Nelson held her 1-year-old daughter Kaili in her arms. Every time a float passed, little Kaili raised her arms.

Nelson explained that she had taught her baby girl to lift her hands in the air every time she yelled, "Touchdown," while watching the Super Bowl earlier this month. As the floats rocked by, Nelson shouted, "Touchdown!" over and over again.

Fat Tuesday marks the end of the Carnival season and the last day before the beginning of the Catholic observance of Lent.

For some Mobilians, the final piling up of the barricades was a welcome sight.

"This is about as far as you can go," said Jerry Grady, who works downtown. "It's been a good one, but we're welcoming Wednesday."

For downtown businesses, though, another few days of Mardi Gras would be just fine, said David Rasp.

Rasp, who owns two downtown restaurants, said this Mardi Gras season has been good for businesses. People seem to be willing to spend money during Carnival despite the recession, he said, but that might not hold true once the parades stop rolling.

"Mardi Gras is a once-a-year revenue opportunity," he said. "In 2009, we may need it more than ever."

(Staff reporters Jillian Kramer and Roy Hoffman contributed to this story.)

Fort Morgan Vacation Rental Condos and Beach Homes

Tamala  Prickett: Real Estate Brokerage in Orange Beach, AL

Fort Morgan Alabama is better known by its neighbor Gulf Shores Alabama. Actually, Fort Morgan Alabama IS Gulf Shores Alabama. This is not know by many out of towners but Fort Morgan all Fort Morgan residents have a Gulf Shores Alabama address.

Curiously, I often get the question as to whether Fort Morgan is really on the beach or ocean. Well, if you look at a map you will see the Gulf of Mexico is on one side of Highway 180 and the Bay is on the other. Clearly, Fort Morgan has the exact same ocean as Gulf Shores!In fact, the beach itself is often wider in most areas.

Fort Morgan is a popular spot for family oriented vacations. This area is less crowded and not overrun by spring break kids and t-shirt shops. There is a much more "local feel" when vacationing in the area. There are far more beach homes than condos, but there are some very nice condos in the area such as the Indies Condos.

Also, there are plenty of places to eat for the area. A lot of people think there are little to no restaurants but that could not be further from the truth! There are plenty of great places to eat within 3-5 minutes of our Fort Morgan Rentals. Many of our Indies condo rentors love to rent one of our golf carts and ride the family over to Tacky Jacks 2 on the Bay for dinner or drinks. The same can be said for our rentors in the beach houses at the Dunes and Bay to Breakers.

The great thing about going out to eat in this area is that you don't have to fight the crowds like you do in Gulf Shores. Of Course, Gulf Shores is only 15 minutes away if you want to visit the area.

Prickett Properties LLC has many Fort Morgan Vacation Rentals including large 8-10 bedroom beach homes in the Dunes Subdivision and Bay to Breakers. We also have beach homes in Morgantown. All of these subdivisions have community pools and other amenities.

Call Prickett Properties LLC today to book a Fort Morgan Beach House or Condo

251-209-0074

www.GoToTheGulfCoast.com

www.FortMorganVacationRentals.Net

Only 785 Gulf Front Condos Listed for Sale in Gulf Shores & Orange Beach

Scott & Tinsley Myrick,  Gulf Coast Real Estate Professionals: Real Estate Agent in Gulf Shores, AL

by Tinsley Myrick, RE/MAX of Orange Beach, February 15, 2009

What the article below DOESN'T say is that there are only 785 Gulf Front condos listed in Baldwin MLS for Gulf Shores, Ft Morgan, and Orange Beach (as of today's date). This paints a completely different picture....a more positive one for sellers trying to sell!