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investors

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.

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. [...]

Green cards draw foreign investors to Florida

September 1, 2009

Interest among foreign nationals in investing in South Florida’s distressed real estate market is being intensified by opportunities to become a U.S. resident.
BY MONICA HATCHER

mhatcher@MiamiHerald.com
As wealthy foreign nationals increasingly flock to South Florida to buy distressed real estate, some are seeking an added return on their investment: a green card.
Local immigration attorneys say a growing [...]

Panama City International Airport

July 5, 2009

Video taken from a helicopter over new Panama City International Airport.

Panama City Beach Zoning Maps

July 4, 2009

Panama City Beach – Zoning Map Classifications
PCB_Zoning_010509
Panama City Beach – Existing Land Use Map
ELUM7
Panama City Beach – Future Land Use Map
PCB_FLU

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
[...]

Shores of Panama 2309

June 18, 2009

New listing at Shores of Panama coming soon.

Short Sale in Shores of Panama, Panama City Beach

New short sale listing in Panama City Beach, Florida
at the Shores of Panama Resort.

Shores of Panama – Unit I-2309
Penthouse 1bedroom w/bunk
List Price: $247,500.00
Owner says Bring all offers!

We specialize in short sales in Panama City Beach and Foreclosures in Panama City [...]

Panama City Foreclosure List

June 12, 2009

If you are looking for foreclosures in Panama City
& foreclosures in Panama City Beach you have found
the site you are looking for.
Foreclosures in Panama City

MLS ID: 391480

Price: $199,900

Subdivision: ECONFINA ESTATES UNRECORD.
Bedrooms: 3 Bathrooms: 3
Property Type: Detached Single Family
Foreclosure

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Foreclosures in Panama City Beach

MLS ID: 382017

Price: $199,000

Subdivision: BRANDYWINE [...]

Another reason to buy real estate in Panama City Beach, FL

April 20, 2009

Have real estate prices over corrected in Panama City Beach?
Foreclosures have driven prices down in Panama City & Panama City Beach over the past 12 months. But are they over correcting?
IHS Global Insight  and PNC Financial Services Group just released a new study that reveals home prices across the nation have over corrected.  Do you think prices [...]

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