Great opportunity to own a piece of paradise in Panama City Beach, FL. This 1 bedroom, 1 bathroom condominium is centrally located on Thomas drive in Nautical Watch Condominiums. Enjoy the fresh water pool with tropical palm tree background or relax in the white sand beaches Panama City Beach is known for. The second floor [...]
The Panama City Real Estate Blog
Nautical Watch Foreclosure
Posted on: May 23rd, 2011Long Beach Foreclosure
Posted on: May 23rd, 2011For the condo buyer, this is a great time. Not only are there ample properties to choose from, but theyre at incredibly low prices. Take this foreclosure condo at Long Beach Resort: 3-bedrooms, 3-bathrooms, 1800-square feet, panoramic views of the Gulf, and all at the amazing price of $255,000. That’s less than [$142 per square [...]
Homepath 2011 Changes
Posted on: December 26th, 2010Fannie Mae has announced enhancements to both HomePath Mortgage and HomePath Renovation Mortgage programs. The changed are in response to consumer feedback and REO market needs. The enhancements will be effective on loans that close after February 1, 2011. For HomePath Renovation Mortgage only, we will: Allow second home (one-unit up to 90 percent LTV) [...]
Association’s Decision to Foreclose
Posted on: December 26th, 2010By Keven Miller – “The Association’s Decision to Foreclose“. In nearly every case where a first mortgage of record exists on a property, the association’s lien is subordinate or inferior to that mortgage. This means if an association elects to foreclose its lien and takes title to the property, it will take title subject to [...]
Fannie Mae freeze is thawing
Posted on: November 24th, 2010The rumor has been confirmed that the Fannie Mae freeze is thawing. Several REO Brokers across the country had received notice from Fannie Mae stating they can close on all “Offer Accepted” cases previously on hold due to Servicer Affidavit issues. Properties previously market as “Unable To Market” are expected to be available next week, possibly as soon [...]
Panama City Short Sale Info
Posted on: August 16th, 2010What is a Short Sale? Foreclosures in Panama City, Florida are affecting families, communities, the housing market and the local economy. One option many troubled homeowners are taking to reduce penalties and avoid foreclosure is a short sale. The question is, what is a short sale? A short sale is the sale of real estate [...]
Panama City Beach Commercial Foreclosures
Posted on: August 6th, 2010The following listings are all located in Panama City Beach, FL and are all bank owned foreclosures. Contact us direct for more information on any commercial foreclosure you find on this site. Panama City Beach Commercial Foreclosure List
Panama City Beach Condo Foreclosures
Posted on: August 6th, 2010The following listings are all the Panama City Beach condo foreclosures at my favorite condo. All foreclosures showing on this page are beachfront condos. This list of foreclosure condos is updated daily so be sure to bookmark this page and visit it on a regular basis. Making an offer on a foreclosure is a little [...]
Buyer may choose titlte company in Fannie Mae transactions
Posted on: July 27th, 2010I get this question all the time. Can the buyer choose the title company when purchasing a Fannie Mae property? The answer is yes. The Fannie Mae addendum states “The closing shall be held at a place designated and approved by the Purchaser. The Purchaser has the right to make an independent selection of their [...]
54 Sweet Bay Drive
Posted on: July 23rd, 201054 Sweet Bay Dr in Cassine Village is conveniently located just off Highway 30a, nestled behind Cassine Garden Townhomes, steps from one of Cassine’s community swimming pools and within walking distance to the Gulf of Mexico, bikeway, shops and eateries of 30a. Community amenities include 2 pools, updated tennis courts, meandering nature trails through a [...]