Pensacola Beach FL

Today's Real Estate News from Chris Reid Realtor, 3/31/2020

Things are certainly changing at a rapid pace and moving along in the real estate world. It’s hard to keep up with the new normal. My goal is to provide you with the most up to date and reliable information in regard to the real estate market here in Florida. 

Suspension of Vacation Rentals - In an effort to discourage visitors to the state who may be carrying the coronavirus, Gov. Ron DeSantis announced Friday a two-week suspension of new vacation rentals (30 days or 1 calendar month, whichever is less). The order does not apply to current occupants of vacation rentals. The Executive Order can be found here.

Property Tax Deadline Extended – The Florida Department of Revenue (DOR) issued an emergency order to extend the final due date for property tax payments for the 2019 tax year. DOR has extended the due date from March 31, 2020, to April 15, 2020. More information can be found on DOR's media website.

Fannie, Freddie Unveil Easy-to-Use Mortgage Help - The mortgage giants that back over half of all U.S. mortgages will allow owners to skip two mortgage payments for any reason and add them to the end-date of their loan. Read more (PLEASE – contact your lender to see if you are eligible, before you miss a payment!!!) 

 

I am here to answer any real estate questions or concerns you may have. The real estate world is dynamic and luckily a lot of the work we do as agents behind the scenes is on the computer. We are using technology and safe social practices to keep the wheels a turnin'. Closings in our area are happening on schedule, new listings are hitting the market and properties are going under contract every day. Feel free to call, text or email anytime I may be of assistance. I'd love to hear from you.

 

Be safe and stay well! We will get through this together. Chris