Jack Lara

Northeast Pensacola

There are currently 233 residential detached homes for sale in Northeast Pensacola. Of that number 208 have 3+ bedrooms and 2+ bathrooms. Out of that there 177 houses with 1,500+ square feet of living area and of those 71 are listed no higher than $200,000. Begin search for your next home here

Southwest Pensacola

Many good deals in this area that is close to NAS Pensacola and Perdidio Key. Just saw one the other day with a customer in Tarkiln Oaks Estates for only $99,900...a 3 bedroom 2 bathroom split floor plan and 1,600 square feet plus a 2-car garage (only needed paint and carpet). Recent comps put the house at $140k. The house sold in 48 hours. There is another one that is a foreclosure in the same subdivision that had its price reduced to $94k...close/walk to Helen Carro Elementary and Jim Bailey Middle School. Search for homes in this area, Southwest Pensacola here. There are 104 houses for sale with at least 3 bedrooms 2 baths, 1,500 square feet for less than $200,000.

Call me to see any home. We can start by talking about your needs and wants and we can find out if we can work together to find your next home.

Jack Lara, Broker-Associate at Keller Williams Realty of Pensacola

7140 N. 9th Ave

Pensacola, FL 32504

email: JackLara@kw.com

Visit: www.PensacolaAreaProperties.com

Front doors say a lot. They say welcome home. They invite guests in. They are the first window into what people will find within those four walls you call home.

What does your front door say about you? Does it say "clutter?"

If this is your year to declutter, the front door is as good a spot to start as any. Sometimes, the front door and front porch become a dropping off point for dirty shoes, discarded boots, mittens, umbrellas, the science fair project and the pumpkin from Halloween.

Click here for the rest of the story and Get Organized Now!

Info courtesy of

Lea Schneider, owner of Organize Right Now, based in Pensacola, Fl. - Schneider is the 2008 Grand Prize Winner of the Rolodex Office Makeover Challenge and her organizing advice has appeared in Women's Day, Natural Health, Better Homes and Gardens Kids' Rooms magazines and in various newspapers and websites. She is the author of "Growing Up Organized- A Mom-to-Mom Guide." Her many experiences as home and food feature writer for newspapers comes into play in helping families develop routines, plan meals and become organized. She is a member of the Association of Food Journalists.

Information for sellers that are in financial stress with the possibility of losing their homes. You know you need to sell. Perhaps you do not know that a "short sale" is a possible solution. Perhaps you have been told that the house should have the carpet replaced or that the interior needs painting or worse that the roof looks like it should have been replaced years ago.

Caught in a Catch-22 situation of needing to sell but not having the money to put into the house to make it more appealing? This is where a possible solution is the FHA-203k Streamline Loan. You may be asking yourself how that can help you, the seller! Here is how.

1. You can market your house as being eligible for the FHA-203k
2. Have a licensed contractor that is experienced with the FHA-203k program provide a written repair estimate
3. Have your real estate agent provide this information online along with your listing MLS info.
4. Have copies of the estimate inside the house for customers and their agents to take with them.
5. Have your agent talk to a local lender that handles FHA-203k's that can also provide info/solutions on how a buyer can purchase your house.
6. Your agent can then provide marketing info showing how a buyer can purchase and close on your house in "as is" condition.
7. This allows a buyer to be put at ease with buying your house when you provide information upfront to a potential buyer.
8. Get your house sold before being foreclosed on.
9. You do not have to be in a distressed situation to offer this solution to buyers.

Jack Lara, Broker-Associate, Distress Property Expert, and Realtor® at Keller Williams Realty of Pensacola. Visit www.PensacolaAreaProperties.com

Call Jack's office (850) 471-5000

Real Estate News

1. There are currently 239 residential detached houses for sale in Northeast Pensacola. Of these, 24 are either bank owned, in foreclosure or are being offered as "short sales". There are currently 33 houses under contract to purchase and of these 12 are distressed properties (short sale, in foreclosure, or bank owned).
2. FHA rates are approximately 5% and conventional rates are slightly higher.
3. There are 3,887 houses currently for sale (residential detached) in Escambia and Santa Rosa County.
4. First Time Home Buyer Program: Feb 1^st kicks off a new program designed to help buyers purchase bank owned properties as a primary residence. The houses can be in need of repairs, "as is", because the program will provide the funds necessary to make repairs to the house.

Jack Lara, Broker-Associate at Keller Williams Realty of Pensacola Florida....call or email me for your real estate needs...JackLara@kw.com (850) 554-9543

Find out what houses are selling for near you. Go to www.HomeValue411.info

and then enter your property info and then wait for your report via email

Fannie Mae Bailout.....Freddie Mac Bailout.......The Big 3 Bailout....How about a Jack Bailout?

News You can Use

• Interest Rates are below 5%...
• New Water Front listing on Bayou Drive in Pensacola for $200,000.
• Have another one coming up for sale in the Innerarity Point area of Pensacola. House sustained no Ivan damage....has a pool, boat lift, jet ski dock, patio with outdoor kitchen.

Qualifying for a "short sale"

Are you behind on your mortgage or will you soon be due to financial set back and your house is worth less than what is owed.

Why would a bank agree to a "short sale"?

A lender can save up to 20% of the value of the house by doing a "short sale" instead of a foreclosure.

Advice

1) Seek legal and tax advice. You will want to avoid a deficiency judgment (where the bank sues you for the money they lost).

2) Contact a real estate agent that is not intimitated with doing a short sale.

Your real estate agent will do a market analysis to determine a price range on where a sale is expected. The home will be marketed. When an offer is received you and your agent will negotiate with the buyer through the buyer's agent a contract price. Your agent will then submit the contract to your lender along with a package that should include: a market analysis; market history; a Macro outlook on your area real estate market; a Micro outlook on your neighborhood real estate market; pricing history; marketing history; your financial statement; your financial docs;your authorization to release information (again); listing agreement; buyer's qualifications; etc.

Your agent will then negotiate with the lender to approve the sale. The lender may reject, counter-offer, or Accept the "CONTRACT" (notice the word "contract" because it is not an offer). Once the contract is accepted by the lender the lender will send a "short pay" approval letter to your agent. Once the lender has approved the short sale you typically have 30 days to close.

By the way a short sale can take up to six months. However I have had one that only took 30 days from the time the offer was received by me and the seller to the time we closed. The lender in that 30 day sale was BB&T. ONE OF the KEYS to having a successful short sale is for Your Agent to effectively communicate consistently with your lender with a positve attitude and to convey to the lender that he/she is attempting to minimize the lender's loss.

Jack Lara, Broker-Associate and Certified Distressed Property Expert with Keller Williams Realty of Pensacola in Florida.

visit: www.911StopForeclosures.com You can call me at (850) 471-5000 or email me at JackLara@kw.com