Bank of America has announced to major changes to their short sale programs. First is regarding the Proactive Short Sale Pilot Program, and the second is BofA offering up to $30,000 in short sale incentives to the seller.

Bank of America is placing more emphasis on their Proactive Short Sale Pilot Program. This pilot program, initially rolled out in Florida was designed to create much shorter short sale processing times and significantly increase the Bank of America short sale approval rate. Pre-approval of short sales allows most of the tedious paperwork to be completed before a contract is submitted on a property. Bank of America just announced that their Proactive Short Sale program is rolling out Nationwide. This is huge as time is running out for short sales as many of the bail out programs are expiring at the end of 2012!

How do you initiate a Bank of America Proactive Short Sale?

To initiate a Bank of America Proactive Short Sale a Realtor must submit the following paperwork in the Equator System:

1. Listing Agreement
2. IRS 4506-T Form
3. Bank of America Third-Party Authorization Form
4. Initiate in Equator as “looking for Pre-Approval”

All of this documentation must be submitted in Equator. Bank of America requests that all communication to be done through Equator first. If there are additional questions, a Realtor can call Bank of America and speak with a Short Sale Specialist at 866-880-1232.

The Second Bank of America National Announcement ties right into the Proactive Short Sale Program.  Bank of America’s Short Sale Relocation Assistance Pilot Program is rolling out Nationwide! The initial pilot program was rolled out in Florida. This is part of the Attorney General’s 25 Billion dollar settlement with Bank of America. This program provides homeowners with relocation assistance when they do a short sale with Bank of America.

How much is Bank of America paying for Short Sale Relocation Assistance?

Bank of America is pay anywhere from $2,500 to $30,000 for Short Sale relocation assistance depending upon the value of the property and the investor on the loan. To be eligible, participants MUST per-approved and participate in either the HAFA program or Bank of America’s proprietary short sale program. With a HAFA short sale, if you receive any relocation funds they get will be added to the HAFA relocation funds amount. For example, if you receive $5,000 in relocation assistance it will include the $3,000 given as part of the HAFA program. On the high end you could receive up to $33,000 in relocation assistance.

How much time do I have to participate in the Bank of America Short Sale Relocation Assistance Program?

Time is running out!! All short sales must be initiated by December 31st 2012 and must close by September 13, 2013. Shorts sales that are already in the system and with a contract are not eligible for the program.

For more information on these programs please give Team Baranowski a call for a confidential consultation about the possibility of a short sale.  Call Craig Baranowski at 850.259.1788 or email  us @ info@teambaranowski.com.

This site, Craig Baranowski or Keller Williams Realty is not providing legal or tax advice. The information provided is for educational and informational purposes only. It is recommended that sellers considering a short sale should consult an independent legal and tax adviser for more information.

SOLD! May 10 2012 for $1.450mil!!

30A Foreclosures have been extremely popular as they are typically great buys with easy closing terms. DistressedPropertyExpert.net foreclosure link 30A REOs and Bank Owned Property has been clicked over 19,000 times on our website. All of our hot property alerts we have published since 2010 have either sold or are under contract! Rosemary Beach homes have been very hot sellers for the past 12 months breaking sales records dating back to the beginning of the towns inception. When I previewed this home within the first hours of it hitting the market, there were already 3 buyers and several agents in the house. If you want a large Rosemary Beach Home on the South Side of 30A this home should be at the top of your list. 102 Round Road will not last long on the market!!

102 Round Road is a spectacular home situated on the South Side of Rosemary Beach on a large corner lot. This home has generated over $100K in gross rental income in one year when it was on the rental market. This custom Rosemary Beach home is in excellent condition and offers 6 bedrooms, 4.5 baths and approximately 3,787 square feet. This New Orleans style home was built with entertainment in mind featuring plenty of room for indoor and outdoor entertaining. The outdoor living area features dining, fountain, courtyard and 16 gas lanterns. Inside boasts exquisite architectural design and meticulous construction throughout. This home features 16 foot ceilings on the second level, two story master suite with private stairs, large fully equipped kitchen, formal dining, gas fire place, tower room with wet bar and much more. The carriage house has a 2 car garage below with a 1 bedroom, living and full kitchen above. Imagine closing the front door and strolling down the boardwalk past masterfully designed cottages, gardens and parks. Walk to one of the beautifully designed community pools or down the street to the dune walkover to enjoy the white sand beaches and emerald waters of the gulf coast. The Rosemary Beach town center features restaurants, shopping, the Town Hall and Post office. Sand paths and boardwalks weave through the tranquil cottages and common areas providing a haven for pedestrian traffic, community, and respite from gridlock, crowds and stress.

For more information on 102 Round Road in Rosemary Beach Florida please call Craig Baranowski 850-259-1788 or Tracy Baranowski 850-259-4270 or email us info@teambaranowski.com.

30A REOs and Bank Owned Property Search

Rosemary Beach Homes for Sale

R0semary Beach Market Snapshot and Market Analysis

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I remember when the longer you waited, the more the price of a property would drop. I remember when we had almost 12 years of stagnant inventory cluttering our MLS. I remember when “short sale” was a new term and we were paving through uncharted territory. I remember when a Broker told me short sales would be a 6 month fad back in 2007. I remember when the sub-prime loan crash happened. I remember when there were over 4,000 vacant lots on the market and only 577 were under contract. I remember when you could low ball an offer…multiple times. I remember when foreclosures sat on the market for up to 6 months. I remember when anchor communities such as Rosemary Beach had a paltry 19 home sales in one year. I remember when everyone was waiting for the bottom of the market. I remember when I had endless vacant properties and gulf front condos to show. I remember when there was almost no new construction on Scenic 30A. I remember when lots sold in WaterColor for $58K or $27K in Forest Lakes. I remember when property search results would pull up hundreds of short sales and foreclosures. I remember when there were over 2,000 foreclosure starts in our area. I remember when the oil spill hit and caused our market to drop another 10%. I remember when I sold a short sale for $275K that had a $1millon mortgage. I remember when back up offers where difficult to get. I remember when I would write offers far below list price. I remember when no one wanted to buy distressed subdivisions or vacant land. I remember when gulf front condos did not cash flow. I remember when loans were 6% and 7% with zero down. I remember when I could show 7 properties and not have 6 go under contract that weekend. I remember when there were no multiple offer forms. I remember when I used to say “come in low” versus “we need your highest and best”.

It is truly amazing the roller coaster ride our real estate market has been through along the Emerald Coast for the past seven years. The market has absolutely shifted in a positive direction. I firmly believe the bottom of our Micro-market was during the BP Oil Spill. This is when the best deals were made. Buyers were running scared and banks were giving properties away in fear that our pristine beaches would be ruined forever. I am very excited that our market has shifted, but with all market shifts we need to reset our thinking and how we approach real estate. So much has changed just in the last 12 months.  I find myself in awkward situations where I must re-adjust a client’s perception of needing “a legendary deal”  like those in 2010 to finding a great buy or an excellent income producing investment property. The deals of 2009 and 2010 will go down in history and will be topics of discussion for many generations. Our distressed inventory is significantly depleted and new REOs are few and far between…even with all the press about a glut of REOs…they have not been flooding our market in the volume of other areas in the country. If the REOs do make it to our market they are quickly gobbled up by a flurry of cash wielding buyers or high bidding buyers with financing.

Yes our market is shifting. Yes prices are slowly creeping up. Yes there are still great buys with historically low interest rates. Yes you need to buy now not later if you want to get a good deal on a premium property.

I remember when it was a Buyers Market…do you?

Don’t miss out on the buyers market. Give us a call @ 850-583-1640 and let Team Baranowski find the right deal for you!

UPDATE: Under Contract Scheduled to Close April 26 2012

304 Ruskin Place Seaside Florida. I took this picture in April 2004

Every now and then a special property comes along that makes you dream about what it would be like to own that special spot. And every now and then an investment opportunity comes along that screams “solid endeavor”. Now imagine combining those two elements…doesn’t happen often, but it does. 304 Ruskin Place in Seaside Florida has that unique magic of not only being a solid investment opportunity but also a charming property that would bring many happy memories.

Ruskin place is located on the north side of Seaside’s town village. It is comprised of galleries, studios, private residences, and rental units. With white lights strung across the courtyard, the setting is something out of Charleston or Savannah. With only sixteen of these row houses’, each one taking on a personality of its own, it is very rare for one of these to come on the market…even more rare to come on the market as an REO or Distressed Property.

This three story row house could be used for a variety of live/work situations. The first floor has a full kitchen, bedroom, bath, and living area. Most commonly this floor is used as either retail space or as a single rental unit that could easily sleep a family of five. In past years this first floor lock-out was used to generate rental income in excess of 44,000 gross rental income.

The second floor is comprised of two terraces for outside living, living space with a cozy fireplace, walk-through kitchen with french doors, wet-bar, and a second living or dining area. Travel to the third floor and you are greeted with two bedrooms, each with their own ample sized bathroom. The master bedroom has it’s own over-sized deck to enjoy Seaside as well. From the third floor, take the spiral staircase up to the rooftop terrace. While on the rooftop terrace one is able to see all of Seaside and the Gulf of Mexico. With built-in bookcases and closets in corners, this townhouse makes use of every inch of available space.

Combining both modern and traditional elements, all the while maintaining the most unique artistic elements this townhouse will surely have you taking a second look.

Within walking distance to the chapel or to the ice cream shop, the opportunities for this property are endless. Ruskin Place has the highest concentration of full-time residents giving the true sense of community. With back street parking and reasonable HOA fees, this could be a viable living solution for a full time resident or a part time resident. Live the dream, live in Seaside, live at Ruskin Place.

With foreclosures and REOs in short supply, this Seaside bank owned property will not last long. For more information on 304 Ruskin Place in Seaside Florida please call Craig Baranowski 850-259-1788 or Tracy Baranowski 850-259-4270 or email us info@teambaranowski.com.

30A Foreclosures and REOs

Seaside Homes for Sale

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UPDATE: Sold for $914,500 March 27, 2012

WaterColor has had some really great distressed property buys in the past two years. There have been some amazing short sales and foreclosures sold in WaterColor since 2008. In fact, of the 282 homes sold 45 of them have been short sales or Bank Owned Property. WaterColor has consistently been a top selling development on 30A and almost all of the distressed inventory is gone. New distressed inventory is sparse with new foreclosure filings down from a peak of 13 homes in 2008 to only 5 in 2011.

194 Spartina is in the Camp WaterColor District and is conveniently located near the Camp WaterColor pool and park. The back of the home is right off a small secluded park that family and friends can enjoy. This foreclosure in WaterColor is a spacious 3,595sf with 4 Bedrooms and 4 Baths. Built in 2008, this home is loaded with the luxury elements of a WaterColor home including: Hardwood floors, granite counter tops, stainless appliances, extensive porches and outdoor amenities.

With foreclosures and REOs in short supply, this WaterColor bank owned property will not last long. For more information on 194 Spartina in WaterColor please call Craig Baranowski 850-259-1788 or Tracy Baranowski 850-259-4270 or email us info@teambaranowski.com.

30A Short Sales

30A Foreclosures and REOs

WaterColor Homes for Sale

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UPDATE: Sold for $625,100 in March 2012!

Is this the last REO or Bank Owned Property in Rosemary Beach? As of today, this is the ONLY REO in Rosemary Beach available on the market. This does not mean that there will not be anymore foreclosures in Rosemary, however, I can say that last year there were over 23 distressed properties sold and new foreclosure starts in Rosemary Beach are almost nonexistent.

In 2009 there were 21 foreclosure starts in Rosemary Beach and in 2011 there were only 3, which represents an 85% reduction in foreclosure starts. This is a very positive sign for our market and signals a massive shift in our market. It is my opinion that 2012 will see the market shift that has been slowly turning for the past 12 months. 2012 has already been a fantastic year with my buyers rushing in to get the last of the great buys.

42 Trimingham could be one of the last REOs in Rosemary Beach for a long time. This small cottage in Rosemary Beach overlooks Triangle Park. With close proximity to the Sky Pool, Fitness Center and Tennis, you will be just steps away from Rosemary amenities. Designed by Piazza Architecture, this home exudes charm and quality. Inside you will find wood and tile floors throughout, high ceilings, solid surface countertops and a stunning tower with built in beds. Outside is a refreshingly large 10×20 pool just waiting for an evening party.  If you are looking to purchase in Rosemary Beach for under $700K, this may be the last window of opportunity to do so. This property will not last thru the weekend!

For more information on 42 Trimingham Lane in Rosemary Beach please call Craig Baranowski 850-259-1788 or Tracy Baranowski 850-259-4270 or email us info@teambaranowski.com.

30A Short Sales

30A Foreclosures and REOs

Rosemary Beach Homes for Sale

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Foreclosures and short sales continue to be the hot items in Real Estate. In 2011 we saw a surge of foreclosures and short sales sell and move off of the market. The good news is that inventory is dwindling and demand has increased for great buys on distressed property. The demand is so high for REOs and short sales, that most transactions…if not all, have multiple bid situations with savvy buyers competing for the property. Lis Pendens or pre-foreclosure starts have declined dramatically since the peak in 2009. This means that new distressed inventory is drying up and the bulk of our distressed property has been foreclosed and sold to new owners.

The high end luxury market continues to attract buyers who flock to our beaches to buy at historically low prices and take advantage of the market downturn. In 2011 there were 161 homes that sold for over $1 million along Scenic 30 and Destin with 25 of these homes being either a foreclosure or a short sale. Last year’s Most Expensive Distressed Property list 2010 was dominated by Destin and Miramar Beach. This year you have to go down to the 9th spot to find a property in Destin or Miramar Beach. Scenic 30A takes the top 8 spots.  Note that all of the top 5 distressed properties sold were short sales. My advice for 2012…if you want a great buy on a distressed property, you need to buy now before there is nothing left.

#1 Most Expensive Distressed Property Sold – 143 St. Lucia in The Retreat

143 St. Lucia was a top distressed property pick in December 2oo9. It was originally listed for $4.29 million and then reduced to $3.3 million. Built in 2001 this beautiful gulf front home in The Retreat is 4,400sf with 4 Bedrooms, 5.5 Baths. This home was a short sale and sold for $2.7 million in September 2011.

#2 Most Expensive Distressed Property Sold – 2292 E. Co. Road 30A in WaterColor

This new gulf view cottage south of 30A in Seaside is a three story classical architecture home. A spacious 3,360sf with 5 bedrooms and 5 baths built in 2009. One of three distressed homes sold in Seaside in 2011. This home sold for $2.4 million in September 2011.

#3 Most Expensive Distressed Property Sold – 8 Shingle Lane WaterSound Beach

This amazing home in WaterSound Beach was a top distressed pick in January 2010 and was the most expensive distressed property on the market at that time. This magnificent home was about 90% complete and needed a buyer to come in and finish the home. Which is exactly what happened…check it out. Built in 2008 this home is a massive 6,297sf with 6 Bedrooms, 7 Full Baths and 1 Half Bath. Sold for $2.2 million in July 2011.

#4 Most Expensive Distressed Property Sold – 1920 E. County Hwy 30A in WaterColor

Nestled among the beautiful Dunes along the Gulf of Mexico this unique home in WaterColor offers incredible Gulf views affording both privacy and convenience. It is located just steps away from WaterColor’s Beach Club and Town Center. This fully furnished 2538 sq. ft. 4 bedroom, 4 1/2 bath home features walls of windows with timeless views of sand dunes and emerald waters. Built in 2006 and sold for $2.1 million in April 2011.

#5 Most Expensive Distressed Property Sold – 121 Gulf Bridge Lane WaterSound Beach

WaterSound Beach had some excellent distressed properties that have sold in the past 18 months. 121 Gulf Bridge Lane was one of my favorite homes in WaterSound Beach with its stunning views of Camp Creek Lake and the Gulf of Mexico. The second story living, dining and kitchen offered some of the best views on 30A. Built in 2004, this 3,700sf home in WaterSound has 5 Bedrooms and 5.5 Baths. Sold for $1.8 million in July 2011.

If you would like any more information on these ultra luxury homes or the latest list of luxury distressed homes for sale give Tracy Baranowski a call at 850-259-4270 or Craig Baranowski a call at 850-259-1788 or email us at info@teambaranowski.com.

30A’s Most Expensive Homes Sold in 2011

30A’s Most Expensive Land Sold in 2011

Gulf Front Short Sales & Bank Owned Property

30A REOs & Bank Owned Property

30A Short Sales

Destin Gulf Front Short Sales & Bank Owned Property

UPDATE: SOLD for $344K in  January 2012!

The Sunrise and Sunset Luxury Condos at Carillon Beach originally sold for over $1.1 million. These condos are loaded with high end luxury amenities including a Wolf gourmet gas range, built-in refrigerator, wine fridge, gas grill on the porch, steam showers, custom cabinetry, spacious floor plan and a massive over-sized balcony. If you are looking for a luxury primary residence or second home this condo at Carillon Beach is for you. Carillon amenities include: gated community, pools, tennis  courts, over 3000 feet of private beach, fishing, park areas and playground. Restaurants, shopping and golf and all located within minutes of beautiful Carillon Beach. Conveniently located within minutes to Pier Park and Scenic 30a. Come and see for yourself and make Sunset at Carillon Beach your new home.

For more information on this bank owned condo in Carillon Beach please call Craig Baranowski 850-259-1788 or Tracy Baranowski 850-259-4270 or email us info@teambaranowski.com.

Carillon Beach Homes and Condo Search Panama City MLS

Carillon Beach Homes and Condo Search Emerald Coast MLS

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Emerald Waters Village is a gated community in Miramar Beach about 100 yard from there private deeded beach access just off of Holiday Rd.  Having opportunities to “steal” a property is something of the past here in Destin with property value on the increase over the past 12 months.  One of the opportunities still to get Destin real estate under market value is looking for a well maintained foreclosure and being able to place an offer fast.  When we have seen foreclosure properties hit the market at a below market value over the past months there has been multiple offers within the first week.  It is more important than ever to have someone working toward your specific real estate needs locally in Destin or Miramar Beach so when a property that you may be interested in hits the market you know the same day.  One way is to sign up for a Property Alert, which will send you all homes for sale in Destin, Miramar Beach, Sandestin or Santa Rosa Beach the second they hit the market.  This way you can be one of the first to know and act.  Increasing your odds of getting the best price on the home or condo you are interested in.

This large beach house in Miramar Beach is being offered as a foreclosure and has over 3300 square feet with 4 bedroom and Gulf views from the 2nd and 3rd floors.  Emerald Waters Village has a pool recreation facilities and more included in there low $375 quarterly HOA fee.  The home has multiple balconies for enjoying the fresh sea breeze.  The location which is right off of Holiday Rd in Miramar Beach offered quick access to shopping at the Silver Sands Outlet Mall, local beachfront restaurants like Whales Tail and Pompano Joe’s as well as some of my favorite local restaurants off of Hwy 98 like Vintage and Cuvee Bistro.  The Destin Commons are only about 5 minutes away with more shopping, movie theater and good eats.

Some of the things to remember when making an offer on a foreclosure in Destin and Miramar Beach is that you need to have Pre-Qualification letter from a bank if financing or proof of funds if paying cash.  You will usually get a response from the bank on your offer within 3 days.  Some foreclosure properties have certain restriction to buying that differ on a case by case basis so having a realtor that is competent in Short Sales and Foreclosures is important.  Furthermore you want a real estate specialist from the specific area.  Team Baranowski has real estate specialist in Destin, Miramar Beach, Sandestin, Santa Rosa Beach, 30A and Panama City.  Call Danny Margagliano for for information on Emerald Waters Village or area information  at 850-830-4747

66 St Francis Dr
Miramar Beach, FL 32550

MLS:  569018                              Price:  $479,900
Sq/Ft:  3394                                 Bedroom: 4
Bathrooms: 4                            Subdivision: Emerald Waters Village

Full Details on 66 St Francis Dr Miramar Beach, FL

Emerald Waters Village Homes for Sale

Miramar Beach Homes for Sale

Looking for a great investment property at the beach in Destin’s community of Crystal Beach?  Here is a large 4 bedroom home for sale with 3 bathrooms, Gulf views, and a private pool.  The deeded beach access is at the end of the street and the house has a 2 car garage that leads to the a covered patio and your private pool.   When people are searching for vacation rental at the beach a pool is a big plus and also will bring in more rental income.  This large 2800 square foot home will give guests all the room and space they need to entertain, have fun and want to come back year after year.  Crystal Beach is a very high demand area in Destin for rentals and has proven to be a wonderful place to own a second home or vacation rental.  For a detailed investment income spreadsheet call Danny Margagliano at 850-830-4747 or email Danny@TeamBaranowski.com

101 Shirah St Destin, FL full property details

Search all Homes for Sale in Crystal Beach, Destin

UPDATE: SOLD for $1.7mil April 2012!!

As we near the end of 2012 I am beginning to sound like a broken record every time I speak with clients. “Distressed inventory is depleted, foreclosures are selling quickly, short sales are drying up in some communities”…clients looks at me as if I was speaking a foreign language. If you listen to the media there is a glut of distressed shadow inventory and a huge wave of foreclosures that is going to sweep our nation. However, if you look at our sales transactions and the amount of distressed inventory you will see a different picture.

There was a time when we have dozens of distressed properties in every community along 30A, including Rosemary Beach, WaterColor, WaterSound and Seacrest Beach. Going through our MLS we currently have 3 short sales in Rosemary Beach and no foreclosures. WaterColor there are only 6 distressed properties on the market. This is a severely depleted number from 2009 and 2010 and the distressed inventory is going away. 19 Spanish Town Lane in Rosemary Beach is one of the most recent short sales to come on the market and one of the last. Additionally, this is the most expensive short sale currently on the market on 30A! One of the few remaining ultra luxury distressed properties on 30A!
This luxury home in Rosemary Beach sits on a corner lot on the south side of County Road 30A. The lot fronts a small park and is next to a boardwalk leading to the beach. This custom home is tricked out with the essentials to make this a premium property in Rosemary Beach. The main house has an elevator to all three floors and there is a  three-story carriage house which includes a two-car garage. The carriage house also has a sleeping loft, which doubles as a sixth bedroom. The garage contains a washer and dryer for guests. The property has stainless appliances, American walnut hardwood floors, gorgeous stone floors in the bathroom and granite counter tops throughout. Rosemary Beach has all the amenities you’re looking for such as swimming, shopping, tennis, kayaking, and biking just to name a few! Don’t miss the perfect opportunity to be a part of this exclusive community.

For more information on 19 Spanish Town Lane in Rosemary Beach please call Craig Baranowski 850-259-1788 or Tracy Baranowski 850-259-4270 or email us info@teambaranowski.com.

30A Short Sales

30A Foreclosures and REOs

Rosemary Beach Homes for Sale

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Our clients ask us every day if the market has hit bottom and how many more foreclosures will there be on the horizon. The truth is, the Emerald Coast has sold a significant number of REOs or Bank Owned Property since 2009. In fact, 4,830 residential REOs have been sold since 2009 for both the Bay County and Emerald Coast MLS. Our local inventory of foreclosures and REOs is dwindling.

Fannie Mae and Freddie Mac hold 122,616 and 60,000 REOs which is over 180,000! This is a staggering number. Over 50% of these REOs are owned by eight states: Arizona, California, Florida, Nevada, Illinois, Indiana, Michigan and Ohio. Fannie Mae sold more than 58,000 REOs in the third quarter of 2011. This seems like a massive number, but it is 18% below Q2 2011′s sales volume. At the current rate of sales, Freddie Mac holds 15 years of inventory and Fannie Mae holds nearly 4 years. The grim news is that Fannie and Freddie are currently taking in more REOs than they are selling. Delays from mortgage servicing troubles, new foreclosure regulations and state laws, such as the one in Nevada making it a felony to robo-sign affidavits, is pushing the foreclosure timeline out to a national average of two years.

All of the foreclosure delays, rumors of massive shadow inventory and an impending deluge of new foreclosures makes the real estate market look uncertain at the nation level. Locally, I believe we are 12 to 18 months ahead of the national average on our recovery. We have burned through much of our foreclosure inventory. There are subdivisions and condo projects where almost all of the distressed inventory is gone and off the books. This is great news and a good sign to our market recovery.

Construction starts in Walton County are on the rise with new construction along 30A increasing significantly in WaterColor, WaterSound, Rosemary Beach and Seacrest Beach. If 2011 was an indication of the road ahead, I believe it is a positive one. Real Estate on both the low end and high end is flying off the shelves. Inventory is down and construction demand is up. We are looking forward to a strong finish to 2011 and a very promising 2012.

30A REOs and Bank Owned Property

Destin, Sandestin, Miramar Beach Foreclosures

Panama City Beach Bank Owned Property

REO and Foreclosure HOT SHEET

Emerald Coast MLS REOs SOLD since January 2009 to November 15th 2011

• 2,446 Sold Combined Residential REOs SOLD
• 580 Bank Owned Residential Land SOLD

Panama City MLS REOs SOLD since January 2009 to November 15th 2011

• 1,583 Sold Combined Residential REOs SOLD
• 221 Bank Owned Residential Land SOLD

Grand Panama Beach Resort is becoming on of the most popular luxury resorts on Panama City Beach. Unit I-1501 is a Freddie Mac foreclosure and is currently under the Feddie Mac first look initiative until November, 25th 2011. During the first 15 days a property is listed in the MLS, only offers fro owner-occupants (primary residence only), second home purchasers, public entities or their designated partners will be considered.

Unit I-1051 is a gorgeous 3 Bedroom, 2 Bath gulf front luxury condo and is a popular west corner unit. This Grand Panama corner unit has an extra large balcony for soaking in captivating sunsets and panoramic views of the gulf and sugar white sand beaches. This luxury condo will make an excellent second home or investment property capable of bringing in good rental revenue.

This condo will not last long! If you would like more information on Grand Panama Unit 1-1501, please call Craig Baranowski 850.259.1788 or info@teambaranowski.com.

Grand Panama Beach Resort Condos for Sale

Grand Panama Beach Unit I-1501 Investment Analysis

Panama City Beach Bank Owned Gulf Front Condos

 

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1986 Scenic Gulf Dr unit 8 at Royal Seaesta is the absolute best deal in Miramar Beach! Located across the street from Frangista Beach, this unit is a massive 1640 square feet with 3 bedrooms and 3 bathrooms and is a short stroll to the beach.

Great Gulf views from the master bedroom on the second floor and deeded beach access make this unit at hidden gem in Miramar Beach. This is a Bank of America Streamlined Cooperative Short Sale which means the price is approved and is ready to close.  If you are going to purchase a short sale…this is fastest and easiest short sale on the market.

The entrance on the first floor brings you directly into the open living room and open kitchen. The floor plan is perfect for entertaining. Priced to sell at $159,250!!! You can’t find anything that will compare with this $97/sq ft Gulf view townhouse. This is a corner unit and you will appreciate all the extra natural light. The unit comes with 2 parking spaces and has deeded beach access. Built in 2000 and very low HOA fees. Anyone can make great use of this property as a vacation rental, second home or primary residence.

For more information on Royal Seaesta Unit 8, please Call Danny Margagliano at 850-830-4747  or email danny@teambaranowski.com for more information.

Miramar Beach Gulf View Condo Search

1986 Scenic Gulf Drive Unit 8 Investor Analysis

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UPDATE: SOLD for $56K in January 2012!

The Preserve at Grayton Beach is located off Scenic 30A a short 3 miles west of Seaside and WaterColor. The deeded beach access at The Preserve at Grayton has one of my favorite “Old School Style” boardwalks that meander through the native scrub oaks to the gulf. If you are looking for a great lot to build your dream home with low HOA fees, REO Lot 97 Morgan’s Trail is an excellent choice. Originally purchased for $159,000 in early 2004 before the market really heated up. Some lots in the development sold for over $450,000 in 2005! Building costs are at a historical low and new home inventory on 30A is minimal.

One of the nicest lots in The Preserve at Grayton Beach. This Bank Owned lot backs to the green space and is a large wide lot. This beautiful development located on Scenic 30A in the heart Santa Rosa Beach. The neighborhood is gated with 2 swimming pools, complete with 2 club houses, 4 tennis courts and deeded beach access, just a short stroll away. This is a great time to purchase a large lot and build your dream home. Premier inventory such as this lot will not last long!

For more information on Lot 97 Morgan’s Trail in The Preserve at Grayton Beach, please call Craig 850-259-1788 or Tracy 850-259-4270 or email us info@teambaranowski.com.

Preserve at Grayton Beach Land for Sale

Preserve at Grayton Beach Homes for Sale

30A Bank Owned Land

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