Posts tagged as:

short sales

Misleading real estate articles – Panama City, FL

Thumbnail image for Misleading real estate articles – Panama City, FL February 13, 2010

Misleading real estate articles
Over the past 90 days or so I have seen numerous news sources report that real estate sales are up. In fact, I saw one today reported by the Florida Association of Realtors. The article reported
“Feb. 11, 2010 – Sales of existing single-family homes in Florida rose 44 percent in fourth [...]

Real Estate Statistics Bay County Florida

Thumbnail image for Real Estate Statistics Bay County Florida January 31, 2010

Statistics from the Bay County Association of Realtor
The statistics below show the total number of listings in Bay County for 2009, total number of new listings, total active listings, total listings that had a contingency and the total number of listings that when pending in 2009.
New Listings are all listings that come on the market [...]

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.

How important is the hardship letter in the short sale approval process?

November 12, 2009

Within the short sale packet presented to the lender, there is a hardship letter that homeowners must provide. How important is this component in causing the lender to approve the short sale?

A. It is absolutely critical that the homeowner be able to document that they do not have the income or necessary assets to continue [...]

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.

ABC Short Sale Video

July 11, 2009

Take a look at this Short Sale video done by ABC News. It give a little information on the short sale process works. If you have short sale questions or if you are looking for a short sale agent in Panama City, call Chad Miller at 850-249-6655. We do short sales and reo listings in [...]

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 [...]

Obama Administration Encourages Short Sales by Giving Incentives.

May 15, 2009

May 14, 2009 by Tim Burrell
Short Sales Will be Streamlined and Encouraged by the Treasury
Today the Making Home Affordable initiative was updated by the Treasury Department to provide incentives for homeowners and lenders to engage in short sales.  The program also encourages deeds-in-lieu of foreclosure.
The process begins with the lender evaluating the sellers to see if they qualify for the program, as [...]