Last week CitiMortgage announced they would suspend foreclosures (primary residences) to help distressed homeowners in the Gulf of Mexico region. Borrowers with first mortgage loans owned by CitiMortgage and who meet certain other criteria will not be subject to foreclosure sales or foreclosure notifications. According to CitiMortgage, borrowers occupying residences in zip codes within approximately 25 miles of affected coastal areas will be eligible for the program. The suspension is effective from June 17 thru September 17.
This is good news for short sale sellers as they will have more time to get their property sold. Make sure you are priced “aggressively” based on other sales in your area. No amount of marketing will sell an overpriced property.
I applaud CitiMortgage for really “stepping up to the plate” and taking action. Hopefully, others will follow.
Miramar Beach, FL (June 14, 2010) –
BP Storage Tank from Deepwater Horizon
A shiny, metal marine storage tank washed ashore over the weekend on Miramar Beach. It’s believed the tank is from the April Deepwater Horizon oil rig explosion. The tank is intact, and there does not appear to be any oil leaking from it.
A similar tank washed ashore on the west end of Panama City Beach on Saturday. Officials there estimated the tank to be in excess of five-thousand pounds with a green and white placard which reads BP “Horiz”. That’s short for Horizon. It was removed by containment crews with a tractor and loaded on a trailer and hauled off.
This morning a crew hired by BP will also remove the tank off Miramar Beach. Walton County Sheriff’s Office Emergency Operations officials say it will be transported to New Orleans where the investigation of the oil rig explosion is taking place.
Here are some pictures of the beach at the intersection of Pompano Street & Scenic Hwy 98 in Crystal Beach. It was absolutely glorious and hot!
P.S. I’m working on the page for the updates…having some “issues”. Will post here until I get them worked out.
Crystal Beach
Crystal Beach Looking West
Crystal Beach Looking East
I’ve added a page to my blog for the BP oil spill updates. The media isn’t helping our area. As of today, June 7, 2010, there is NO oil on our beach. Here’s a photo I took about 7pm on the beach in Santa Rosa Beach.
Santa Rosa Beach - June 7, 2010
Am I concerned about the oil? Am I scared, mad, outraged, emotionally drained…you bet. In the beginning, my husband and I were watching updates every night. Praying and hoping the oil would be stopped. About 2 weeks ago, I couldn’t take it anymore….the anger, frustration and emotions got the best of me. The other day I looked at CNN.com and the picture on the home page was of 2 birds, (who had just been rescued), sitting in a basket struggling to breath because of being totally covered in oil. That same night I turned on Anderson Cooper, (AC360), and the same photo was on the screen. I just started to cry.
I have been and continue to follow the updates. I’ll keep posting beach pictures and videos of our beaches. Destin will recover and this too shall pass.
Click HERE to go to the BP Oil Spill page.
We need to remember with sincere respect those who paid the price for our freedoms; we need to keep in sacred remembrance those who died serving their country. We need to never let them be forgotten. And thank you to all those soldiers who continue to fight for our freedom.
To help re-educate and remind Americans of the
true meaning of Memorial Day, the “National Momentof Remembrance”
resolution was passed on Dec 2000 which asks
that at 3 p.m. local time, for all Americans “To voluntarily and informally observe in their own way a Moment of remembrance and respect, pausing from whatever they are doing for a moment of silence or listening to ‘Taps.”
Buyers beware if you are “forced” to buy title insurance from the sellers title agent or attorney.
Unbeknownst to a majority of the real estate agents and Brokers, if the seller wants to close with a particular title company, AND you are getting a mortgage (this does not apply to cash transactions), then the seller MUST pay any and ALL costs associated with title, otherwise this is a violation of the Real Estate Settlement Procedures Act (RESPA).
My good friend, (John Roby) and Senior investigator of Attorney Services & Investigations, wrote this short 1-page document for me to share.
If you are a borrower and believe you have been a “victim”, please call him. Any seller who violates this shall be liable to you, the buyer, in an amount equal to three (3) times all charges made for such title insurance!
Email Me
His contact information is at the bottom of the letter. Click HERE to read the document.
Please do not hesitate to call or email me with questions.
The new Northwest Florida Beaches International Airport is officially open! Today marked day 1 of flights coming in and out of our new airport. Welcome Southwest!
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