Military Relocation / PCS to the Pensacola Area?
The military has long been part of the history of Pensacola and the surrounding areas, especially the Navy and the Air Force. We see the proud members of our armed forces everywhere, and I’m delighted to have helped many of them both quickly deploy, and settle in as neighbors here in Escambia and Santa Rosa Counties.
Having lived in the Pensacola area all his life, Sandy Blanton understands the demands of his military clients and has dedicated himself to best suit your real estate interests whether you need to buy or sell a home. We at Team Sandy Blanton understand that relocation can be complicated, but we strive to make it as simple and easy as possible. After all, your home is one of the biggest investments you will make.
If you are moving to the area and desire immediate assistance, please call our team of qualified professionals at (850) 479-SOLD (7653). Sandy and his team are an excellent resource for families or individuals PCSing to Eglin AFB, NAS Pensacola, Whiting Field, or any of the other military installments in the Florida panhandle area. You can reach Sandy directly at (850) 554-9544 or email him at Realtor64@aol.com.
Military relocations can be complicated. We at Team Sandy Blanton Realty understand that your house is not just an address. Your house is a place you call home, a place to call your own, and one of the biggest investments that you will make. As your Realtors® , Sandy and his team will dedicate themselves to your best real estate interests whether you are selling or buying a condo, townhouse or a detached home. Call us today and let us make the move a little easier!
Helpful Links
NAS Pensacola Home Page
Whiting Field Home Page
Eglin AFB
Military Spouse Career Center
VA Loan Guarantee Services
Veterans Informational Portal
Short Sales >1. What Is a Short Sale? A short sale is discussed if the home owner is facing financial hardship and is therefore unable to make payments on the home loan. In the event that the bank or mortgage lender agrees to it, a short sale is an alternative solution when foreclosure is looming. “Short sale” literally translates to selling a piece of real estate just short of the remaining balance of the loan. Because the homeowner finds him or herself in a position where paying the loan just isn’t feasible, the lender will then discount the balance of the loan and the home owner will sell the property and forfeit all of the proceeds to the lender. By doing this, the lender concedes that selling the property at a loss is a better option than continuing to pursue the borrower.
There are four conditions of a short sale:
- The home’s market value is down. This means that the home is worth less than the remaining balance on the home loan. Another way to say this is by saying that the home is "underwater".
- The mortgage is in default or heading that way. A mortgage default occurs when the borrower stops making payments on the loan. At that point, the lender can seize the property from the borrower.
- The home owner encounters hardship like divorce, death or serious illness, unemployment, bankruptcy, etcetera. It is important to note that personal lifestyle choices that cause financial strain are not considered.
- The home owner has no assets. If the homeowner had assets, he or she could use these to make payments on the loan.
How do you know if you qualify for a short sale?
Whether or not a home seller can go through with a short sale ultimately depends on his or her bank or mortgage lender. They have to agree to the short sale process in order for it to come to pass. If the seller’s situation does not line up with the aforementioned four points, he or she may not qualify to sell their home on a short sale.
Any buyer can put an offer in on a home up for short sale so long as they are able to qualify for a loan. It is, however, up to the lender whether or not an offer will be accepted on the property.
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| Q |
What was a sure way to accumulate wealth through the 1970s and early 1980s?
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Many people made their fortunes in real estate during this period. |
 See More Real Estate Trivia > |
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