Pensacola Beach Florida Real Estate

10 S Florida Blanca

Pensacola Beach, Gulf Breeze ,and the Pensacola Bay Area are experiencing an increase in residential real estate sales and a reduction in the number of homes that are available for sale.  This is great news for all of us who live here.  Fortunately, for those who are in a position to purchase new homes, second homes, and residential resort properties this is a great time to buy with values comparable to 2002 and interest rates at an all time low.  Many Sellers are faced with the big question of  “Do I sell now or later.”

RIS Media announced the results of refinances during the second quarter of 2009 on mortgage payments and its savings to homeowners of over $3 billion (collectively, of coarse.)  Have you refinanced? Is it time to refinance?

In some cases now just isn’t the right time to sell your home.  The market gives every indication of having hit the bottom and beginning to move up; but, how long will it take?  Would it be better to refinance now; enjoy the savings on your payment or even use that savings for a further buydown of your principal and wait for a better time to sell?  Are you planning to stay in your current home for another 5 years?  Do you have a good bit of equity in your home that you want to use for an investment purchase?

Call me for an honest opinion of the current market value  (the price Purchasers a currently willing to pay) for your home.  If you determine now is not the right time to sell I’ll be happy to provide you with the names and contact information of my business partners who are qualified, experienced, knowledgeable,  mortgage lenders who are currently lending on homes in your area.  They will be happy to discuss your financial  needs and goals with you and see if it’s the right time to refinance.

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