Come see why so many people are loving our city.
When I travel, I more times than not get the question about us being layed back, a bit slower, or even naturally lazy, all beacuse we speak slowly..... What people don't understand unless you live here .....Southerners have love affairs with words..
We speak slower because our "love of the " that we can't stand to part with them. We caress them, massage them, polish them and linger over them lovingly before allowing them to go on their way with a lilt and an inflection found nowhere else in the world.
I'm told by many, it's because we have a habit of taking a sip of the " elixir of life " with every word and sentence. Who know's .....what I do know , I love this place and the wonderful people who make the place I live so great.
Mobile is ranked #1 (forbes) as the city with best job/income growth in America for the next 5 years. In laymens terms, Mobile's leaders got the infrastructure in place that IS NOW ramping up the economic growth in the city.
A trade magazine for economic development put Mobile at the verge of adding over 55,000 jobs over the next 7 years.. and most of those will pay over $35,000 annually according to their report with over 73,000 moving into Mobile in that same period. Personally I think Mobile could literally see its population double in 7 to 10 years as if the economy continues to worsen, people will flock to cities that have job opportunities as Mobile is becomming recession-proof.
ThyssenKrupp AG of Dusseldorf, Germany, has chosen north Mobile County for a steel mill now valued at $4.billion The Alabama site, which is near Mount Vernon and on the Tombigbee River, was chosen over a site along the Mississippi River near Convent, La.
"This is a game-changing decision for Mobile, Alabama," Mobile Mayor Sam Jones said "We are no longer living on potential - we are living up to it. This plant will have a tremendously positive impact on our citizens for years to come."
If the Air Force contract holds up, and Northrop Grumman and its European partner EADS are allowed to proceed, Barnidge said the employment payoff for Mobile and Pensacola could be enormous.
"The economic impact in Alabama and Florida is expected to be about 6,500 high-paying jobs," he said. "And the spin off jobs from suppliers and other services associated with the assembly plant in Mobile could be in the hundreds of millions of dollars for Northwest Florida.
Come see why we love this city !
Good Neighbor Next Door Sales program creates monster WEALTH in 3 years by reducing principal balance by 50%!!!
The purpose of the program is to strengthen communities by encouraging employed, professional law enforcement officers, teachers and firefighters/emergency medical technicians to live in the community by purchasing predetermined housing in revitalization zoned areas.
You can even use FHA, VA and Conventional financing; the reduction is created by forgiving a 2nd lien for the discount.
This program will generate more WEALTH for your clients in 3 years than any investment out there except the lottery.
I challenge you to learn more on this product.......
The Hud's Special Programs consists of four initiatives implemented by the U.S. Department of Housing and Urban Development (HUD) to help communities maintain and/or revitalize their areas. For specific information regarding the programs, please click on the appropriate link below. Please click on Search/Bid on Property for a listing of properties available under this program. Local governments must have a NAID number or submit SAMS1111 and SAMS1111a registration forms with a contract package to bid on $1 Homes.
The Facts about "The Gulf Opportunity Zone Act of 2005" (through 2008)
GO ZONE: What is it? When Does it End?
GO ZONE: When does it end?
On any Properties You Purchase by December 31, 2008 in Above-shown Counties of the State of Alabama
GO ZONE: What is it?
The Gulf Opportunity Zone Act of 2005 provides special tax incentives to spur rebuilding in the areas devastated by hurricanes Katrina and Rita. The act is commonly referred to as the "GO Zone Act."
The Alabama Gulf coast is eligible for federal benefits under the GO Zone Act.
Key GO Zone incentives
Congress created the Gulf Opportunity Zone (GO Zone) to promote reinvestment and recovery. Key provisions are:
· 50% bonus depreciation is available for investments in equipment, non-residential real property or residential rental property.
· Net Operating Loss carry-back for qualifying losses extended from 2 years to 5 years.
· Increased deduction for qualifying tangible personal property for small businesses.
· New markets tax credits increased for qualifying investments in low-income communities.
· Increased qualified rehabilitation credits for historic structures.
How does the GO ZONE work? An example doing GO ZONE math!
AN EXAMPLE:
Buy a Home for $650,000.00
Subtract (generously) 10% for land value, leaving you $585,000.00
You may take depreciation of $292,500.00 in addition to other allowable deductions
If you are in a 35% tax bracket, your NET NET NET savings of money not paid in income taxes would be: $102,375.00. This equates to 37.5% of your purchase price!
GO ZONE: Can I Qualify? EVERYONE CAN QUALIFY!**
The difference is HOW.... Do you have ACTIVE or PASSIVE income?
What does that MEAN TO YOU?
According to the IRS, you must spend 500 hours a year involved in the management of your property. You may HIRE A MANAGER!
**DISCLAIMER:
Most people will qualify for the GO ZONE depreciation. That being said, even though you may qualify, you may have different PASSIVE laws that apply to you. We make no warranties, promises, or guarantees of how this legislation will apply to your specific situation
WHY SHOULD I INVEST?
TO HELP REBUILD THE COAST
Although the storm was devastating, it also opened a new world of opportunity for investors. By investing in the Hurricane Katrina GO ZONE, you are helping to rebuild lives, careers and dreams while investing in the hottest emerging market in the United States!
DON'T MISS THIS WINDOW
OF OPPORTUNITY!
The GO ZONE parameters are clear. To qualify you must:
1. Purchase a GO ZONE qualified property after August 27, 2005.
2. Place your property in service as a residential rental prior to December 31, 2008.
3. Take your 50% bonus GO ZONE depreciation.
Each situation and investor is different!
Check with your tax attorney or accountant to see how these rules apply to you
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Keep copies of all earnest money checks and proof that the checks have cleared your bank. Provide this documentation to your lender so that you get proper credit on your closing documents. Notify your mortgage company of the final sales price at least five days prior to your closing. If your sales price changes from the original contract, the lender will need copies of all addendums and change orders for the upgrades. The final closing documents cannot be prepared until both builder and buyer agree to the final sales price. A final inspection is required on all new construction before the loan is closed. The appraiser must inspect the property to ensure that it was completed to the original plans and specifications. The mortgage company schedules this inspection. The home must be COMPLETE and READY TO MOVE-IN before the appraiser can perform the final inspection. The charge for the final inspection is $100 which will be included in your closing costs. If the home is not complete when the appraiser goes out, he will have to inspect it again which will be an additional $100 charge. Please consult with your lender as to the best date for the final inspection. Your home must be completed before closing. This includes landscaping, pool, fence, etc. If you would like to arrange to escrow for these improvements and close before they are complete, notify us at the time of locking in your rate. Only a few investors will allow for escrow holdbacks. Bring a cashier's check made out to the title company for your closing cost Tell your lender if your salary or other compensation has changed from what has been noted on your loan application. Inform your lender if your address changes from what appears on your original loan application. They must complete rental and mortgage verification for all of your residences within the last two years. Obtain homeowner's insurance with minimum coverage equal to the amount of your total loan or the replacement value of the house. Call your lender with your agent's name and phone number at least 10 days before closing. Keep documentation (or a "paper trail") on any large deposits into your account. A "paper trail" should include copies of all paperwork necessary to prove a financial transaction: copies of all checks, deposit slips, loan paperwork, forms to liquidate assets, etc. Notify your lender if you move funds from one account to another and provide a "paper trail" on any transactions. Do not acquire any additional debt or make any large purchases on existing credit without first consulting your lender. For example: purchasing a car or buying appliances for your new home will change your debt to income ratios. Do not change jobs without consulting your lender. A change in compensation may affect your ability to qualify. Buyers must have a two-year history of bonuses and/or commissions to be counted as income. Lenders may verify employment on the day of closing as a quality control check. Do not co-sign with anyone to obtain a line of credit or make a purchase. The payment will show up on your credit report as an additional debt. Do not negotiate your contract with an allowance and expect to get money back at closing. An allowance can be used only to pay closing costs or reduce the sales price. |
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Homes for sale in Mobile Alabama. Real Estate for sale in Mobile Alabama. Mortgage, Home Loans, Mobile Al. FHA and 100% financing in Mobile Al and Baldwin County Alabama.
Prime Lending takes pride in being recongnized as a premier mortgage lender offering a wide array of loan products. FHA, VA, USDA, 100% loans, Jumbo's, renovation loans, fixer up loans and 203k loans.
I've made a commitment to serve the mortgage and home loans needs of my community - one family and one home at a time. My real estate and mortgage knowledge and expertise are completely dedicated to you.
In fact, as Mobile, Alabama was voted as one of the top 300 places to live in America by Money Magazine and CNN, it has been attracting families and investors alike looking to live in a stable and prosperous community, one that has even drawn one of the largest companies to move to the US in 40 years, the ThyssenKrupp Group.
For all the information you need on living in Mobile, Daphne, Fairhope, Malbis, the Mobile Metro area, Montrose, Point Clear, or Spanish Fort, Alabama contact me, Whether it's questions on Gulf Coast listings, Mobile, Alabama new homes, Fairhope, Alabama new homes, I can answer them and assist you in finding your perfect home in Daphne, Fairhope, Malbis, Mobile, the Mobile Metro area, Montrose, Point Clear, or Spanish Fort, Alabama.
People from Mobile are described as Mobilians.
Cities in Mobile and Baldwin County Alabama
Theodore, Semmes, Satsuma, Saraland, Irvington, Grandbay, Citronelle, Chickasaw, Springhill, Midtown, West Mobile, Daphne, Fairhope, Montrose, Point Clear, Spanish Fort, Malbis
Mobile Zip Codes
36601 36602 36603 36604 36605 36606 36607 36608 36609 36610 36611 36612 36614 36615 36616 36617 36618 36619 36621 36622 36623 36624 36625 36626 36628 36630 36631 36633 36640 36641 36644 36652 36660 3666336670 36671 36675 36685 36688 36689 36690 3669136693 36695
Mobile Alabama is the perfect place to start your family, start a career or give yourself an opportunity to live the kind of life you've always dreamed.
Mobile, Alabama is a wonderful southern city and the third most populous city in Alabama and is the county seat.
. The population within the city limits was 198,915 as of the 2000 census.
Mobile is the principal municipality of the Mobile Metropolitan Statistical Area, a region of 399,843 residents which is composed solely of Mobile County and is the second largest MSA in the state. Mobile is included in the Mobile-Daphne-Fairhope Combined Statistical Area with a total population of 540,258, the second largest CSA in the state.
Mobile recently ranked #1 for the "fastest growing economy over the next five years" by Moody's Economy.com & Forbes.com (financial magazine)
Have you thought of moving SOUTH.....Come see why so many people are loving our cities.
When I travel, I more times than not get the question about us being slower or even naturally lazy, all beacuse we speak slowly..... What these people don't understand .....Southerners have love affairs with words..
We speak slower because our love of the words is so great that we can't stand to part with them. We caress them, massage them, polish them and linger over them lovingly before allowing them to go on their way with a lilt and an inflection found nowhere else in the world.
I'm told by many it's because we have a habit of taking a sip of the elixir of life with every word and sentence. Who know's .....what I do know ,I love this place and the wonderful people who make the place I live so great.
Mobile is ranked #1 (forbes) as the city with best job/income growth in America for the next 5 years. In laymens terms, Mobile's leaders got the infrastructure in place that IS NOW ramping up the economic growth in the city.
A trade magazine for economic development put Mobile at the verge of adding over 55,000 jobs over the next 7 years.. and most of those will pay over $35,000 annually according to their report with over 73,000 moving into Mobile in that same period. Personally I think Mobile could literally see its population double in 7 to 10 years as if the economy continues to worsen, people will flock to cities that have job opportunities as Mobile is becomming recession-proof.
ThyssenKrupp AG of Dusseldorf, Germany, has chosen north Mobile County for a steel mill now valued at $3.7 billion, ending a fierce bidding war over incentives between finalists Alabama and Louisiana.
The company's board of supervisors made the decision today in Dusseldorf
The Alabama site, which is near Mount Vernon and on the Tombigbee River, was chosen over a site along the Mississippi River near Convent, La.
"This is a game-changing decision for Mobile, Alabama," Mobile Mayor Sam Jones said in a written statement. "We are no longer living on potential - we are living up to it. This plant will have a tremendously positive impact on our citizens for years to come."
If the Air Force contract holds up, and Northrop Grumman and its European partner EADS are allowed to proceed, Barnidge said the employment payoff for Mobile and Pensacola could be enormous.
"The economic impact in Alabama and Florida is expected to be about 6,500 high-paying jobs," he said. "And the spin off jobs from suppliers and other services associated with the assembly plant in Mobile could be in the hundreds of millions of dollars for Northwest Florida.
"And Pensacola sits at the epicenter of what could be only the third wide-body jet assembly plant in the world," he noted.
Economics club member Connie Crosby said of the tanker project: "I think it's fantastic, and I'm all for it."
Mobile County Commissioner Stephen Nodine said the 173 KC-45 tankers that would be built at the proposed $600 million assembly plant at Mobile's Brookley Industrial Complex would be just the beginning.
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