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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.
Keller Williams Realty Gulf Coast
Ken Parks
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Real Estate Advice
Homebuyer Tips
Most Promising Real Estate Markets In The U.S.
While 2020 has been a challenging year for many of us and the global economy in general, it was a pretty intriguing period for the real estate industry in the United States. The pandemic and all the myriad changes which were brought along with it, such as working remotely, continue to reshape the landscape of real estate investing. While many people are selling their ...
Agent Advice
How To Become A Better Real Estate Professional
If you’re in the real estate game, you know that staying at 100% is crucial if you want to achieve success. If you slack off for as much as a minute, you might lose your edge and fall behind the rest of the pack. It’s not enough to stay stationary; you’ve got to constantly be moving forward with every aspect of your career. For newer real estate ...
Homebuyer Tips
Choosing a new city to call home is a challenging task. You’ve got to consider a myriad of factors such as public safety, cost of living and job availability. You have to ask yourself whether or not the attractions available in the area are suitable for your tastes, and whether or not the climate suits your preferences. All these factors are important and need ...
Homebuyer Tips
Living In Miami FL, America's Cleanest City
Immaculate beaches stretching as far as the eye can see, bordered by the cerulean blue Atlantic ocean. Thousands of energetic spring breakers and partygoers moving together in time to the thunderous sounds and spellbinding lights of an EDM concert. Luxurious waterfront mega-mansions and towering downtown office buildings dazzling all who behold them. What do all of ...
Homebuyer Tips
Pros And Cons Of Living In Land O’Lakes Florida
If you love the coastline vibes and gorgeous orange sunsets, then Florida is the State for you! In the Sunshine State, there is no shortage of such places, and one of the most popular coastal areas is the Tampa Bay region. If you are looking for the perfect weather, coastal vibes, and a cozy beachfront home, then this is the place for you. On the other hand, these ...
Real Estate Glossary Terms
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Conditional Commitment
Agreement by a lender to loan money to suitable borrowers within a given time period but without identifying those borrowers. ...
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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. ...
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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 ...
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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 ...
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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. ...