Posts tagged as:

investors

How Countrywide sells REO Property

April 11, 2009

It’s been my experience that Countrywide negotiates very little if any.
Before Countrywide lists a property they have it appraised (estimated) for what it should SELL FOR in today’s market. Then they list the property at or near that price. If they don’t have any offers coming in they lower the price by 8 or 10 [...]

Panama City Beach Real Estate Auction, May 16th, 2009

April 11, 2009

Real Estate Auction coming to Panama City Beach, Florida.

Panama City Beach Condo Foreclosure List

April 4, 2009

MLS#: 393027m RES – CND A 9850 THOMAS DR S, #1202 E, PANAMA CITY BEACH ListPrice: $119,900
Area: BB-Bay County-Beach SUNBIRD CONDO ApxSqft: 610
Beds: 1 Baths:Full:1Half:0   YrBlt: 1986
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MLS#: 391127m RES – CND A 15615 FRONT BEACH RD, #204, PANAMA CITY BEACH ListPrice: $129,900
Area: BB-Bay County-Beach AMBASSADOR BEACH CONDO ApxSqft: 475
Beds: 0 Baths:Full:1Half:0   YrBlt: 1970
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MLS#: 391128m RES [...]

Average price for condos in Panama City Beach, Florida falls 21.8%.

April 2, 2009

The average sales price for a condominium in Panama City Beach, FL continues to fall.  In 2006 the average price for a condominium was $340,532.00.  In 2007 the average sales price was $318,598.00. In 2008 the average sales price was 293,249. But it get worse, the average sales price for a condominium the first three [...]

Majestic 3 bedroom condominium in Panama City Beach – Auction

March 28, 2009

There is a REO at Majestic Beach Resort in Panama City Beach, FL listed for $333,900. It’s a three bedroom end unit with a very large balcony.  This REO is a being sold in a online auction. Realtors can only input offers. The initial auction last seven days and on the last day at midnight [...]

Where to find a Notice of Default List?

March 28, 2009

Getting a N.O.D. list is not hard these days. You can do the research yourself the old school way by go to your county clerks office and research the data your self.  You could hire a receptionist at the court house to provide you with the list.  Another option is to get a list from [...]

The Bay County Association of Realtors changed the MLS rules for Short Sales. How can you take advantage of this new change?

March 28, 2009

Realtors in Bay County, Florida (Panama City and Panama City Beach) are now required to change listings with an accepted offer by the seller, that is waiting approval from the lender, from an Active listing to a Contingent listing. This removes the listing from searchable websites and reduces the number of people that know the [...]