| Term | Definition |
|---|---|
| hazard insurance |
Insurance protecting against loss to real estate caused by fire, some natural causes, vandalism, etc., depending upon the terms of the policy. |
| housing ratio |
The ratio of the monthly housing payment in total (PITI - Principal, Interest, Taxes, and Insurance) divided by the gross monthly income. This ratio is sometimes referred to as the top ratio or front end ratio. |
| HUD |
The U.S. Department of Housing and Urban Development. |
We are Pensacola's REO experts. Everything you need to know about buying a foreclosure, pre-foreclosure or short sale can be found on our site.
If you are stuck in an upside down mortgage you have come to the right place. We can offer solutions that no one else can offer. A majority of the time we can even get your loan reinstated. With our state of the art technology, innovative staff, and years of experience, there is a way out. We are the premiere Loss Mitigation and REO Brokerage on the Gulf Coast.
Whether you are a first time homebuyer, seller or investor, we will produce results for you. You owe it to yourself to contact us today. We can't wait to hear from you!
Sellstate GCR - Pensacola, FL
5705 N. Davis Hwy
Florida 32503
Sellstate GCR - Navarre, FL
7552 Navarre Pkwy Suite 20
Florida 32566
Sellstate GCR - Destin, FL
36008 Emerald Coast Pkwy
Florida 32541
