Smaller Homeowner Relief Already In Place

Don't wait for home owner bailout provisions to trickle down from the $700 billion Emergency Economic Stabilization Act of 2008," (H.R. 1424) recently rushed through Congress. When it comes to help from new federal legislation for distressed home owners, the $300 billion "Housing and Economic Recovery Act of 2008" (H.R. 3221), signed earlier this year, can provide more immediate relief. The $300 billion recovery act has both a mandated mortgage modifying provision and a voluntary "Hope For Homeowners" (H4H) refinance program, for home owners who qualify.
In part, the stabilization act calls for federal agencies holding mortgage and mortgage securities to identify loans that can be modified and work toward modifications. And the stabilization deal calls for shoring up the H4H program. How any of those provisions will be implemented, however, is still under consideration.
Loan modifications: On the other hand, the older recovery act, signed in July came with one provision ready to go. It mandated that mortgage servicers modify loans for certain...
See the entire December 2008 Newsletter
This is a magnificent luxury waterfront home in Gulf Breeze, Florida - 6000 sq ft at $2,195,000
This contemporary home is on the bay in the heart of Gulf Breeze (suburb of Pensacola, FL). Home overlooks 240 feet of the bay and renders a magnificent view of the bluffs. This home doesn't lack any space. There are 5 bedrooms/5 full bathrooms, glass walls, separate office, spacious family room, hardwood and tile floors, luscious landscaping, and even a guest suite.
| PrkingSpc: | LotSize: | IRREGULAR | LotLoc: | Cul-De-Sac, Waterview, Waterfront | WatFrnt: | Bay | |
| PrkingTyp: | Acres: | 0.75 | Zoning: | ResSingle, City | WatFrntFeat: | Natural | |
| PrkingFeat: | 2CarGarage, Oversized, GuestPking | RdMaint: | City | WaterView: | Bay View | ||
| DevelopFacil: | WFFeet: | 240 | |||||
| Room Type | Lvl | Dimnsns | |||||
| Styl/Des: | Contemp/TwoStory | Cnstr/Sidng: | Frame/Stucco | ||||
| Roof: | CmpsitShgl | Floors: | W/WCarpet, Tile, Hardwood | ||||
| Wat/Sew: | PubWater, SepticTank | Pool: | None | ||||
| Heat: | A/Ahtpmp | WatHtr: | Electric, 2+Units | ||||
| Elec: | CircuitBrk | Cooling: | A/Ahtpmp, CntlElect, 2+Units | ||||
| ExtFeatures: | PartlFence, Porch, OpenDeck, Balcony, CovrdPatio | ||||||
| IntFeatures: | CableAvl, Fireplace, HighCeilin, Add'lStor, InLndry, W/DHookups | ||||||
| KitFeatures: | |||||||
| Energy: | DoublePane, CeilFans, RidgeVent, Heatpump | ||||||
| MiscEquip: | SecAlarm, SmkDetetr, GarOpnr | ||||||
| Mbed/Mbath: Split, Walk-In Closet, Sitting Area, Ceiling Fan, High Ceilings / Double Vanity, Walk-In Closet, Whirlpool, Tile | |||||||
| LandLse/Year: | HomeWarr: | ||||
| AssignOfIntrst: | N | LseExpDate: | Financing: | Cnventnal, Cash | |
| AsscFee/Yr: | Hmstd: | Y | Occupancy: | ||
| List Office: | ERA BEACH BALL REALTY | ||||
| Pensacola Real Estate Company |
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Information deemed reliable but not guaranteed--Copyright: 2008 by the Pensacola Association of Realtors, Inc.
I am very please to tell you that Kim Powell, Realtor has joined our brokerage. Kim is a Multi-million dollar producer that was most recently with Paradise Home Realty, a Pensacola Area company. Kim brings a wealth of experience and enthusiasm to Beach Ball Realty.Her focus has been Pensacola residential properties.
Please welcome her to our team of professions.
Investors Dream. Don't pass this one by. Here it is, excellent waterfront investment! High & dry, no flood insurance required. Two side by side properties 2+/- acres with three houses and 210 feet of waterfront. Current owners live in one & rent the other 2 houses with minimum income of $2500. a month. Must see the views of the Bay from these houses, absolutely gorgeous. Both parcels are also listed separately, see mls # 338977 & mls # 320012. For the investor with vision this is it. Great rental history for the last 5 years.
| PrkingSpc: | LotSize: | 210X455 | LotLoc: | Waterfront, Paved Road | WatFrnt: | Bay | |
| Acres: | 2.00 | Zoning: | ResSingle, ResMulti, NoMobHomes, County | WatFrntFeat: | Blk/Seawal, Dock, RipRap, Pier | ||
| PrkingFeat: | 1CarCarpt, 1CarGarage | RdMaint: | County | WaterView: | None | ||
| DevelopFacil: | Dock, Rv/Bt Pkng | WFFeet: | 210 | ||||
| Room Type | Lvl | Dimnsns | |||||
| Dining/Kitchen | 1 | 26x19 | Styl/Des: | Contemp, Tradn'l/TwoStory | Cnstr/Sidng: | Frame, Block, Brick/Brick, Vinyl, Block | |
| Den | 1 | 19x20 | Roof: | CmpsitShgl | Floors: | W/WCarpet, Terrazzo, Tile | |
| LivingRoom | 1 | 16x20 | Wat/Sew: | PubWater, SepticTank | Pool: | IG Pool, Vinyl | |
| Laundry/Utility | 1 | 6x12 | Heat: | A/Ahtpmp | WatHtr: | Electric | |
| Bath: Master | 2 | 14x18 | Elec: | CircuitBrk | Cooling: | A/Ahtpmp | |
| Bedrm:Additnl | 2 | 12x15 | ExtFeatures: | BkydFnce, PrivFence, OtherFence, LawnPump, Sprinkler, Balcony, HotTub, CovrdPatio | |||
| Bedrm:Additnl | 2 | 11x12 | IntFeatures: | SomeDrapes, SomeBlinds, PullDnStrs, InLndry, W/DHookups, FrplcGas, CrownMld, CeilingFn, RecLite, Hot Tub, HiSpNetAvail | |||
| Bath: Master | 2 | 7x9 | KitFeatures: | ElecStove, GasStov/Ov, Dishwasher, Disposal, Island, GraniteCt | |||
| Bath: Full | 2 | 6x12 | Energy: | InsulatDrs, DoublePane, CeilFans, WholHseFan, PwrAtticVn, RidgeVent, Heatpump, InsulatWal, InsulatCei | |||
| Workshop | 1 | 12x16 | MiscEquip: | SmkDetetr | |||
| DiningType: | FormlDinRm, Eat-InKitn | ||||||
| Mbed/Mbath: 2+ Closet, Ceiling Fan / Double Vanity, 2+ Closets, Whirlpool, Tile, Granite Countertops | |||||||
| Hmstd: | Y | SaleSubtoLse: | |||
| LandLse/Year: | HomeWarr: | 1Year | |||
| AssignOfIntrst: | N | LseExpDate: | Financing: | Cnventnal, Cash | |
| Assn?: | VOLUNTARY | AsscFee/Yr: | $20 | Occupancy: | AtClosing |
| Assoc.FeesInc: | None | MonthlyRent: | |||
| LstOff: | ERA BEACH BALL REALTY |
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FROM START TO FINISH, CONNIE DARR - CELL 748-2032
Fort Pickens is truly a gem on Florida's Gulf Coast. Part of the the Gulf Islands Nation Seashore, these seven miles of protected beach and shoreline is like taking a walk back in time.
However, during Hurricanne Ivan in 2004 the road to Fort Pickens was destroyed and is yet to be rebuilt by the National Park Service.
Let me tell you about the best kept secret in Pensacola, Florida. There is now an inexpensive overland shuttle that will take you the seven miles to the Park facilities that are still available to the public. The cost for the Fort Pickens Shuttle is $15 for adults and $10 for children.
Please tell everyone you know, this is GREAT news!
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