Posts tagged as:

Foreclosure

Foreclosure Deals Hard to Find

December 20, 2009

Desperate sellers, huge discounts, substantial inventories and the promise of a profit better than Wall Street can deliver brought droves of investors back to the residential real estate markets over the past two years, buying up foreclosures that most homeowners wouldn’t touch. Those heady days may be ending in many markets if the home buyer [...]

FDIC takeover of People’s First Bank

Thumbnail image for FDIC takeover of People’s First Bank December 20, 2009

December 18, 2009 FDIC took over all 29 branches of People’s First Bank. The bank has been under review for more than a year when its capital fell below federal guidelines. The FDIC estimates the failure of Peoples First Bank will cost the deposit insurance fund  $556.7 million
Peoples First Bank lost more than $135 million [...]

Foreclosure Chart for Bay County Florida

Thumbnail image for Foreclosure Chart for Bay County Florida December 8, 2009

Bay County court house has been recording an average 200 Lis Pendens or Pre-foreclosures each month for the past 24 months.  Reports from Panama City MLS show an average of 50 foreclosures are being sold per month during the same time period.

2822 Agnes Scott

September 9, 2009

New Foreclosure coming soon!
2822 Agnes Scott Dr.
Panama City, FL 32405

We are expecting the lender to list this property somewhere between 155,000 and $135,000. There is some minor damage tot he proeprty that you can see in the pictures below.  This is a great investment for someone willing to get their hands dirty with a little [...]

Foreclosure list

September 9, 2009

148 CLAIRE AVE N

MLS#: 392600
FORECLOSURE! Bri ng your hammer! Needs work. Could turn into a money maker for the right person. Property has another dwelling on property not included in sq. footage. Being sold “AS IS”. MLS# 392598 available next door as well. All measurements approximate please verify if important. [...]

3976 Delisa

September 9, 2009

Foreclosure in Panama City, FL 32404

MLS# 398554

Price: $101,000

Subdivision: PINNACLE PINES ESTATE
Bedrooms: 3 Bathrooms: 2
Property Type: Detached Single Family
Listing Office:

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Panama City Beach foreclosure at Regency Towers.

Thumbnail image for Panama City Beach foreclosure at Regency Towers. August 1, 2009

$229,000 – Regency Towers Condo Foreclosure in Panama City Beach. This Beachfront condos was more than 1560 Sq. Ft. with 3 bedrooms, 2 full baths. Amenities include 24 hour security, two swimming pools, game room, community room, tennis courts, pool table. All offers must be made on As Is contract. pre-approval letter or proof of [...]

Nautilus condo foreclosure Panama City Beach

July 22, 2009

407 CAPE COD DR, PANAMA CITY BEACH

Price: $124,900
Street 407 CAPE COD DR City PANAMA CITY BEACH Subdivision NAUTILUS COVE CONDO Zip 32407
Bedrooms: 4 Bathrooms: 3 Square Ft: 1430 Lot Size: – Year Built: 2006 Prop.
Why pay more for less when you can have more for less? Good Question. Contemporary in style with a split floor [...]

New Tax Rules for Short Sales

July 11, 2009

Suze Orman explains the new tax breaks and new tax rules that have to do with short sales and foreclosures.

Multi Unit Foreclosure in Panama City Beach

July 3, 2009

Great Panama City Beach investment property. This could be the best
Panama City Beach investment property currently on the market.
There are 3 units each with 2 bedrooms and 1 bath. Only 3 blocks from
the beach and close to public boat ramp. Great rental property with
positive cash flow.

Price: $143,550

Subdivision: HOLIDAY BEACH UNIT 16
[...]