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800 Langley Ave , Pensacola - FL 32504

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About Ken Parks

Former US Navy Pilot who began aviation career here in Pensacola. Spent 30 yrs in Dallas,TX in electronic component sales with an employee owned firm. Experienced Real Estate investor in Dallas for 25 years in duplex, apartments and commercial office building investments. Section 1031 Exchange experience to Massachusetts coastal area properties. Married to mortgage loan processor Carol Parks and have favorite son Chris in New York City. Love to help clients find/sell their homes for best price with least hassle.

Ken  Parks
Keller Williams Realty Gulf Coast

Keller Williams Realty Gulf Coast

Ken Parks



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Homebuyer Tips

Timeshare Units - Owning A Property Part-time Or Full Time

Timeshare Units - Owning A Property Part-time Or Full Time

Timeshares have been a huge success in the US for a few decades, starting in 1965, when the first hotel-condominium was built in Hawaii. How did timeshares come into being? Well, real estate developers who wanted to speed up the sale of their condos invented partial ownership and thought of selling the right to live in their apartments for one week every year. The ...

Homebuyer Tips

Waterfront Properties For Sale In Pasadena, MD

Waterfront Properties For Sale In Pasadena, MD

There are many places where you can find the most amazing waterfront properties in the U.S. but let’s take a look at the options available in Maryland. Between the Patapsco and Magothy Rivers, you will find the small town of Pasadena, MD with its many estuaries that offer countless possibilities for properties down by the river, but not only. Looking for ...

Homebuyer Tips

Living In Cape Coral Florida

Living In Cape Coral Florida

When people start talking about Florida they mostly focus on Orlando, Miami, maybe Naples or The Villages if they are focused on places to retire, but most overlook Cape Coral, FL. There are many reasons why people do this as it isn’t a major city in Florida, but far more reasons why they shouldn’t. Located in Southwestern Florida, the city of Cape Coral, ...

Homebuyer Tips

Living In Charlotte, NC Pros And Cons

Living In Charlotte, NC Pros And Cons

The most populous city of North Carolina, Charlotte is also the county seat for the county of Mecklenburg. The city is considered to be a relatively new city that is still developing as many of the people living in Charlotte, NC aren’t sure if that’s a pro or a con. Its population is still growing having surpassed 873,000 residents as of 2018 which is also ...

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Real Estate Trends In St. Petersburg Florida

Real Estate Trends In St. Petersburg Florida

The real estate trends are constantly changing throughout the market as the market itself is influenced by outside factors. These factors can be anything from the presidential elections to a global pandemic. The way in which they affect the real estate market depends on how much the factors impact the market itself. For example, during the 2008 economic crisis, while ...

 

Real Estate Glossary Terms

  • Conditional Commitment

    Agreement by a lender to loan money to suitable borrowers within a given time period but without identifying those borrowers. ...

  • Equity Lending

    Bank financing to a homeowner based on his dollar equity in the home. The interest rate typically fluctuates such as being based on the change in the prime interest rate. Interest expense is tax deductible to the homeowner. ...

  • Escalation Clause

    provision in a rental agreement or other contract that stipulates for an increase in lease payments or in a contract price if a specified uncontrollable event occurs. Provision in a loan agreement or mortgage in which the entire debt becomes immediately due upon the occurrence of an item such as mi ...

  • Burglary/Theft Insurance

    Same as term Burglary Insurance: coverage against loss as the result of a burglary. Found as part of the commercial package policy that has generally replaced the special multiperil insurance (SMP) policy and the MERCANTILE OPEN STOCK BURGLARY INSURANCE policy. Covers loss of merchandise, furniture ...

  • Hull Marine Insurance

    Coverage of the hull of a ship and its tackle, passenger fittings, equipment, stores, boats, and ordnance. Coverage is provided under the following types of policies: builders risk hull insurance; navigation risk insurance, and port risk insurance. ...

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