Destin Florida Real Estate

Friday, September 5, 2008

Rent to Own Destin Real Estate

These days we have to find different options to make deals happen. Some of these ideas below we have talked about and discussed with Renting to Own Destin Real Estate at www.InvestSmarter.com. It gives great options to buyers and sellers or developers. The market is difficult for many and as long as the parties agree, it's a wonderful way to get a deal done. Let us know your thoughts on Rent to Own Destin Real Estate and more informaiton below.

Rent-to-Own Gaining Favor Once Again Rent-to-own options are becoming popular again after falling out of favor during the last couple of decades when mortgages were easy to get.The advantages of rent-to-own to buyers include a way around poor credit, an opportunity to rebuild credit worthiness and a way to try out homeownership without making a costly commitment.For sellers, it offers cash flow from properties that might otherwise just be sitting there.In some parts of the country, like Florida, rent-to-own arrangements are fairly commonplace, but in other parts of the country developers are only beginning to experiment with this form of purchase.In the Boston area, Economic Development Financing Corp. (EDFC) and Trinity Financial are two affordable-home developers that have introduced experimental rent-to-own programs. Eric Gedstad, spokesman for MassHousing, a state agency that finances housing construction, says his agency is supportive."As the lender, we are gratified that the developer has cash coming in. It makes sense for potential homeowners. The more time that goes by the better the opportunity for someone to repair his credit."Source: Boston Globe, Robert Preer (08/31/2008)

For Destin Real Estate for sale visit us online at www.Destin-Florida-MLS.com and always feel free to view the corporate site at www.RandBCoastalRealEstate.com for more exciting information about Destin Florida Real Estate.

Sunday, August 3, 2008

Where are we going? Recession or Depression?

Well, we are all worried about it and the Smart Investor is really considering their options in today's market. Real Estate and Stocks are all over the place! So what are we to do? What really will come of the entire market? Who really knows. What we do know is that many intelligent people are making claims.

Greenspan Calls for 'Nationalization' of GSEs

Former Federal Reserve Chair Alan Greenspan told CNBC Thursday that falling U.S. home prices “are nowhere near the bottom” and the turmoil isn’t close to abating. He said the odds of recession are 50-50 and achieving stability will “take awhile.”Greenspan called Fannie Mae and Freddie Mac a "major accident waiting to happen" and said the solution is "nationalization" of the companies, a restructuring involving an infusion of taxpayer money and eventual sale back to the market as "five or 10 separate entities." Source: Bloomberg News, Steve Matthews (09/01/2008)

So maybe the bottom isn't here! We have been evaluating different markets and would love your imput also. In our area of Destin Florida, most people can afford between $1,000 - $1750 a month...that includes taxes, insurance, etc. Guess what...you can't buy anything for that these days..well you can, but you have to look deeper into the short sale market. We are helping people get involved in these types of properties....let us tell you more today!

Also visit the corporate website online at www.RandBCoastalRealEstate.com where we have more information available.

For available properties in Destin Florida please visit www.Destin-Florida-MLS.com for more great investment options in these markets.

Friday, July 4, 2008