Housing Report for the Pensacola Florida area.  This is the 2011 annual report from the Pensacola Association of Realtors®that covers Escambia and Santa Rosa County.  Click here for the annual report.

Jack Lara, Main Street Properties, Inc. Pensacola Florida

Search for Foreclosures, Short Sales, and Regular Sales by clicking here Pensacola Area Properties.com

Pensacola Florida short sales

Short sale tip:  If you are short selling an investment property this is something to look out for.  The short sale lender and the mortgage insurance company will be running a credit report on you.  If they see that you have a new mortgage they will play hardball with you.  The lender/mortgage insurance company may ask for a significant seller contribution at closing if they see that you recently obtained a new mortgage. 

The short sale lender will see a refi loan as a new loan.   New loan means to them that if you can get a new loan why should they approve a short sale.  If you had a refi loan prior to entering into a short sale situation this may come back to bite you.  If you have done a refinance loan on your primary residence because you are looking to save your cash flow please bring it to the attention of your real estate agent.  Your agent should know so the agent can fight for you to let the short sale negotiator know so that common sense can hopefully prevail.

Short sale info click here

Jack Lara at Main Street Properties, Inc. Pensacola FL

Search for Homes in the Pensacola area including Gulf Breeze, Pensacola Beach, and Pace

For local market reports for the Pensacola Florida Metro Market Area go to HomeValue411.org

Jack Lara
Main Street Properties, Inc.
Pensacola, FL 32504

JackLara58@gmail.com or (850) 912-4123

You may owe federal income taxes in 2013 if you have a short sale or foreclosure. The Act runs through the end of 2012 so if you are sitting on the fence this something to think about. Don’t wait for a Lis Pendens (foreclosure notice) before you decide to do a short sale.

Short Sales – Vacation: Is the real estate agent handling your short sale going on vacation. What is the plan for handling the short sale? Things for your agent to consider.. (1) Do you have a vacation planned? (2) What days? (3) Who can represent you on this file? (4) What is their contact info? (5) Do we have proper authorization in file for this person?

• Short Sale Just Closed on the sale of 1000 E. Yonge Street Pensacola FL. Duplex investment property sold and closed in less than 90 days. Short Sale team at WJC Law Group helped run this short sale process about as smooth as it can get.
• The Mortgage Forgiveness Debt Relief Act and Debt Cancellation
  If you owe a debt to someone else and they cancel or forgive that debt, the canceled amount may be taxable.  The Mortgage Debt Relief Act of 2007  generally allows taxpayers to exclude income from the discharge of debt on their principal residence. Debt reduced through mortgage restructuring, as well as mortgage debt forgiven in connection with a foreclosure, qualifies for the relief.
• Looking for short sale listings of single family homes for sale in Pensacola.  Click on this link to search for short sales in Pensacola and this link allows you to modify the search parameters.
• If you are a buyer that is going to make your purchase with cash here is a tip for you.  Submit your offer with a proof of funds letter from the financial institution that will be the cash source for the purchase.  The second tip is to make sure that your name on the contract matches your financial documentation.  The short sale lender will want it to match.

New price on listing at 2021 West Indies Pensacola Florida 32506.  This is a regular sale….so you can close in a normal time frame.  This is a 4 bedroom 2 bath home with a contemporary floor plan.  This home is just minutes from a boat launch into the bayou and only minutes from Naval Air Station Pensacola.  Click on this link for photos and info.

Jack Lara, Main Street Properties, Inc. Pensacola FL (850) 912-4123 and email JackLara58@gmail.com

FREE REAL ESTATE MARKET REPORT (no spam)

Home is just a minute from Corry Station located in the Twin Oaks Neighborhood and is also only 10 minutes from the front gate of Naval Air Station Pensacola the home of the Blue Angels Flight Demonstration Team.

The home is a 4 bedroom 3 bath 2,450 square foot rambling ranch style home with an over sized side entry garage sitting on just over 1/2 an acre in a cul-de-sac street.  This traditional ranch style offers the homeowner many separate spaces including a living room, family room, formal dining, and large eat-in kitchen.  This is more than just a normal 4 bedroom home as this home offers you 2 master bedroom suites and a brick courtyard.  The price on this is $165,000.  Located at 6 Cunningham Place Pensacola Florida 32506.

Pensacola area news…..local eatery closed its doors this week, Billy Bob’s closes after 16 years.

Searching for homes including foreclosures go to Pensacola Area Properties.com

Jack Lara, Main Street Properties, Inc. Pensacola Florida 32504

(850) 912-4123 or (850) 554-9543

I just listed this very nice Four Bedroom Two Bath Home in Coral Creek.   The Coral Creek neighborhood is located just a few miles from the back gate to Naval Air Station Pensacola or about 10 minutes from the front gate.  

Approximately 1,875 square feet of living area plus a two-car garage and a covered patio.   Split bedroom Design with a cathedral ceiling in the living room, formal dining room, large kitchen with a breakfast area and island.   This home also offers you a fenced backyard, sprinkler system on a well & new central air/heat back in 2009.This home is also situated less than 10 minutes from the Bill Dickson Park that features a boat launch, covered picnic area, playground, and a dog park.   Head out from Bayou Grande to Pensacola Bay and truly enjoy Gulf Coast Living.Another benefit to living in a home in the Coral Creek neighborhood is that you are close to the major thoroughfares of Blue Angel Parkway, Gulf Beach Hwy, and Highway 98.   This can put out to Johnson™s Beach in Perdido Key in about 12 to 15 minutes.   You can easily be in downtown Pensacola in less than 20 minutes and visit the new Pensacola Maritime Park (soon to be completed).   If you are a veteran and would like to be close to the VA Clinic and Naval Hospital Pensacola then you may want to consider this home in Coral Creek. The schools that serve this home are Pleasant Grove Elementary, Bailey Middle School, and Escambia High School.  Map from 2021 West Indies Drive to Bill Dickson Park and Boat RampJack Lara, Broker-Associatie, Main Street Properties, Inc. in Pensacola Florida (850) 554-9543 JackLara58@gmail.com    

Pensacola Real Estate

New Listing home coming up for sale on Monday August 29th – located in the Longleaf Elementary School, Bellview Middle School, and Pine Forest High School district.

Check out this Visual Tour to get a flavor of this home  

• Three Bedrooms and Two Full Bathrooms each with Skylights
• Screened Porch
• Detached Garage with breeze way to the house

Jack Lara, Main Street Properties, Inc. Pensacola FL

(850) 554-9543 JackLara58@gmail.com

Coming soon for sale house on Greenwell Court Pensacola Florida

Pensacola Real Estate

Home for Sale

3 Bedroom 2 Bathroom 1,506 square feet of living area with a breezeway to the detached garage. Screened side porch with entry from two sets of french doors either from the living room or master bedroom.   Master bedroom and the living room offer you cathedral ceilings.   Very nice home, get a jump start and see this before this goes onto the MLS system for everyone else to see.

Offers you:

Newer Roof, New hurricane shutters, newer garage door opener, newer  storm door, new Kohler kitchen  sink & faucet, newer dishwasher & stove/oven, new plantation blinds in front bedroom, newer flooring, freshly painted

Home has a cottage feel to it.   Large fenced backyard with an oversized  wood deck.

Jack Lara, Broker-Associate, Main Street Properties, Inc. Pensacola Florida  — Free Home Value Report at HomeValue411.info  for Pensacola, Pace, Cantonment, Pensacola Beach, Gulf Breeze, Milton, and Molino Florida

Pensacola Real Estate News – Duplex for sale now at $60,000

…………..and Metro Market Trends Report

Duplex for sale at 1000 E. Yonge Street Pensacola Florida 32503 now priced at $60,000 – click on this link for info and photos Yonge St

Market Report for Escambia County Florida up to June 30, 2011 – click here for Metro Market Trends Report  info on single family homes, condominiums, townhouses, residential lots, resales, new construction, etc.

Jack Lara, Broker-Associate, Main Street Properties, Inc. Pensacola Florida

Neighborhood Reports at HomeValue411.org