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Sunday, November 02, 2008

Can I get a do over??????

Can I get a do-over? If you have ever seen kids (and some adults) playing games..actually hang with some adult guys playing will certainly hear someone want a do-over. In golf they call it mulligans but it is still a do-over!

I was thinking about that yesterday as I was having lunch with my wife at Jimmies Restaurant at the Turtle Creek Golf Course in Rockledge, Florida. How many people who purchased their homes over the past three years or so would like to say that to their mortgage lender?

Who has not heard that a lot of folks are upside down in their mortgage because of the pricing/value collapse. Many folks are in that boat (and it ain't no Love Boat!).

But lots of folks are responsible. Responsible as in accepting responsibility - not blaming anyone. They continue to pay those upside down mortgages knowing they may never recoup the "losses" suffered. But they are responsible. They are the folks who are not playing a "mulligan," but rather just accepting life's circumstances and going forward.

Wouldn't it be nice if more folks did so?

There are times when short sales are unavoidable and the responsible plan of action. If you are considering selling your home in Viera, Suntree or Rockledge, Florida, please give me a call at 321-693-3850. Gary Waters, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida.

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