DON'T BE AFRAID TO ASK ABOUT THE REAL ESTATE MARKET

KNOWLEDGE IS POWER! 

You know that real estate agents help you to move.  Did you know that agents can also help you stay where you are?  This has become quite an issue in light of the recent rise in loan defaults.  Real estate agents provide critical information about Jacksonville Beach  Real Estate and a link between lenders and buyers.

 Subprime Loans Are Not Evil, They Are Necessary 

Subprime loans, in and of themselves, are not bad.  They provide financing for substantial numbers of people who cannot otherwise qualify under standard lending practices.  However, buyers must be informed and realistic about what terms they can actually afford to accept. 

 Foreclosures Hurt You, Your Neighbors And Your Lender 

No one - not banks, not agents, not homeowners - sees foreclosure as an acceptable option.  It hurts everyone, including the communities where vacancies lead to declining prices.  This is where a trusted local real estate professional can provide assistance.

 Your Real Estate Agent, Your Advocate 

Real estate agents are advocates for smart lending practices, and they stay in touch with local lenders.  Agents also work with state and local governments, as well as local non-profit organizations that can help homeowners facing trouble meeting their mortgage payments.

 Ask A Realtor If You Are Not Sure 

Perhaps most importantly, realty professionals work closely with buyers and sellers to educate them about resources and options.  This helps homeowners and prospective buyers keep their homes and build their equity. 

 Homeowners Should Talk to the Bank

If you are a homeowner with financial difficulties then you need to let your bank know.  They want to work with you.  In addition, you should consult with a Realtor to see how quickly you can sell your home and if you need to work with a bank on a short sale.

 Buyers Need to Save & Explore Loan Options 

If you are a buyer then you should check your credit and be saving for your down payment.  Your Realtor can guide you to a knowledgeable Mortgage Broker that can guide you through the home loan approval process.  With the raise in the FHA loan limits you may be able to qualify for a FHA loan!

 Contact Your Realtor to Get Started 

The key to it all is education and reason, and a strong desire of your Realtor to preserve the quality of your lives and our communities.  So if you have a real estate question or concern then call your Realtor today.