Three Great Sources For Watersound Real Estate

Watersound House

Watersound is a unique community located on Scenic Hwy. 30A in South Walton County Florida.  Resting between high pine trees and some of the most beautiful sand beaches in the country Watersound is a place you can relax and enjoy life to its fullest.  With low density population, interesting architecture and plenty of amenities you can’t help but fall in love with this community. 

Learn more about Watersound Real Estate

Search Watersound Homes For Sale

Search Watersound Condos For Sale

Search Watersound Land For Sale

Search Watersound Foreclosures

Check back later in the week and I will have some Watersound Photos showing what Watersound is and I think you will understand why I think this place is pretty great.

Call Today

We sell more real estate here at the beach than almost anyone and we would be happy to help you negotiate a favorable deal on this St. Thomas Condo. Simply call or text me at 850-217-7618 – or send an email to JohnMoran@AtTheBeachTeam.com and we will be happy to assist in any way we can.

Watersound Real Estate News

Go to the Watersound Real Estate News to find more information about Watersound Real Estate For Sale including all Watersound Foreclosures and Watersound Short Sales and much more. 

Two Incredible Offers

Watersound Foreclosures and Short Sales Alerts  

Sign up for our Watersound Foreclosures and Short Sales Alert and we will send you an email notification as soon as any new Watersound Foreclosures or Short Sales hit the market – that way you will never miss an opportunity to get a great deal on Watersound Real Estate For Sale.

FREE Watersound Monthly Updates

Sign up for our FREE  Watersound Real Estate Monthly Update and we will email you a report every month showing which Watersound Properties have sold, gone under contract, currently are for sale and all price changes.  This is incredibly valuable information that anyone that owns Watersound Real Estate or is interested in Watersound Real Estate needs to have and because we want to be your real estate resource here at the beach we will send it to you - free!

Hungry for 30A Homes and Condos, Buyers Get Edged Out

Here is a small article I saw recently from the Miami Herald and I think you can make the same argument for Destin Homes and Condos For Sale, and 30A Homes and Condos For Sale and Panama City Beach Homes and Condos For Sale

Hungry for Homes and Condos, Buyers Get Edged Out

As South Florida’s home sales have continued to outpace national trends, distressed properties are still dominating the market, with more than half of all homes and condos sold last month at some stage in the foreclosure process. And cash-happy investors have been scooping up these bargain basement deals at a fast clip, often before middle-income buyers can get financing. [Source: Miami Herald]

To stay on top of what other investors are watching:  Foreclosures and Short Sales

Are Any Homes Selling On 30A? Yes!

This 30A House went under contract this week!

This 30A House went under contract this week!

This oil has a lot of people – buyers and sellers – spooked that is for sure.  I keep hearing people say that nothing is going to sell and nobody would buy real estate on 30A while there is oil in the Gulf of Mexico and washing up on our beaches. 

 Let’s see what the facts tell us.  In the last 7 days there have been 10 houses on 30A go under contract.  Not a ton but still more than 1 per day.   

Search 30A Foreclosures

 Are they all foreclosures and short sales? Almost, of the 10 properties to go under contract 7 were short sales or foreclosures and 1 was an auction.  So 8 out of 10 were distressed sales. 

Search 30A Real Estate

Are they just low end properties?  I wouldn’t say that – the low list price was 249,900, the high was $3,999,975 and the average list price for the 10 was $990,667.

Sign Up for Free 30A Foreclosures and Short Sales Alerts

The Bottom Line?  There are a lot of really good deals out there so if you are a buyer this is your time.  If you are a seller be prepared to get down and dirty so you can compete with the short sales and foreclosures.

Want More Information?  Keller Williams Realty’s At The Beach Team sells more area real estate than most so if you are interested in buying or selling 30A Real Estate simply call or text John at 850-217-7618 or send an email to JohnMoran@AtTheBeachTeam.com

Also check out

Destin Condo Foreclosures

Panama City Beach Real Estate News

Watercolor Real Estate News

Beautiful Father’s Day At 30A Beaches

Beautiful Father's Day At Alys Beach

Beautiful Father's Day At Alys Beach

There is so much talk of oil washing up on the beaches that many people have decided not to come for fear their vacation may be ruined.  The deal is that there is oil in the Gulf of Mexico and some days it will wash up on parts of our beaches and most days it won’t.  When it does affected sections of the beach will be closed while very diligent and capable clean up crews come in and make the beach pristine again. 

See 30A Foreclosures Now  

Just like rain days.  We never know if or when it’s going to rain but people still come to the beach and if / when it rains they do something else until it stops and people and be on the beach again.  It’s basically the same thing with the beach.

Sign Up For Free 30A Foreclosure and Short Sale Alerts Now

Now is the time to buy real estate at the beach.  Short sales and Foreclosures are everywhere creating incredible deals and now the oil spill is giving buyers even more leverage. 

See All 30A Real Estate For Sale Now

For More Information About 30A Real Estate For Sale

Keller Williams Realty’s At The Beach Team sells more real estate in the area than almost anyone so if you are considering buying or selling a 30A Condo or 30A House simply call or text us today at 850-217-7618.  Or send an email to JohnMoran@AtTheBeachTeam.com

What If Oil Hits 30A Area Beaches?

Gulf Coast Oil Spill Town Hall Meeting

Worry Abounds

Everyone who owns or lives in the 30A area along with those who visit our wonderful beaches is worried about the oil spill and what the effects will be. As of today I can tell you there is NO OIL on our beaches yet but by all accounts there will be in the days and weeks to come.

What Next?

Merlin Law Group will be hosting an educational town hall meeting, along with Keefe, Anchors, Gordon and Moyle, P.A (KAGM). to help those who may be affected from what is being described as the worst environmental calamity in US history, in understanding what they need to know about the oil spill and how it may affect their bottom-line. Gulf Coast Oil Spill Catastrophe: An Educational Town Hall Meeting is expected to be heavily attended by those unsure as to what this catastrophe can mean to their lives, will be held on Tuesday, May 4th at 1:00 PM in the Emerald Ballroom at the Hilton at Sandestin, 4400 South Sandestin Boulevard, Destin, Florida 32550.

I will attend and hopefully learn what property and business owners need to do now in order to prepare their property against damage and in the unfortunate event that a claim will have to be filed. Apparently they will address concerns from condominium associations, restaurants and hotels anticipating and already experiencing major interruption in their business as people who had considered vacationing in along the Gulf Coast and Florida are cancelling plans in face of the real possibility of the destruction of beaches by the spill. Also of great concern is possible evacuation should the oil cause the presence of toxins in the air and in the water.

Check back tomorrow to see the results of this meeting.

Wondering About Your 30A Real Estate?

If you own 30A Real Estate and would like to know what you could expect if you were to sell it in today’s market conditions simply call or text John Moran at 850-217-7618 or send send me an email at JohnMoran@AtTheBeachTeam.com

Surfing in Seaside Florida

Yolo One Small

That’s What I’m Talking About!

The reason you own Seaside Florida Real Estate is so you can hangout at the beach and do fun things like enter YOLO Board Surfing contests like this one that was held at the beach in Seaside last fall.

Yolo 3 Small

YOLO Boarding is where you stand on a surfboard like board holding a paddle that acts as a rudder and paddle. It’s a great workout and tons of fun. In this contest people from all over 30A , Destin and Panama City came to compete and have fun. Many of them own real estate in the area. If you are interested in owning property in the area check out Seaside Florida Homes For Sale or 30A Real Estate News or if you are interested in Panama City Condo Foreclosures be sure to look at the Panama City Beach Real Estate News.

Yolo 4 Small

Yolo 6 Small

Thanks for stopping by – if you have any pictures that you would like to share with us please do so. Thanks again.

Six reasons to tap retirement funds now to buy rental property

Piggy Bank

Here is more information about investing and 30A Real Estate.  As always I think it’s very important to be as informed as possible on how to maximize your investing power.  So with that in mind I found this article about using IRA’s to buy real estate at Market Watch.com. Take a look and let me know what you think.

Using IRAs to buy real estate

Six reasons to tap retirement funds now to buy rental property

SAN FRANCISCO (MarketWatch) — One of today’s soundest investments is never touted in financial-services ads. The reason: Wall Street wouldn’t make any money off it.

Since 1974, Americans have had the ability to use IRA assets to buy investment property. Yet the means to do that — called a self-directed IRA — remains one of the least known and unheralded investment vehicles in the vast financial marketplace. [Read more...]

Buy 30A Real Estate in you IRA

Dollars

Because investing and 30A Real Estate go hand and hand I think it’s very important to be informed as possible on how to maximize your investing power.  With that in mind I came across this question and answer segment on Smart Money.com  that address IRA’s and real estate.  Take a look and let me know what you think.

Q. Can an IRA be invested in mortgages or real estate?
—Linda Bruyette, Ellington, Conn

Yes, some real estate (including commercial property, vacation rentals, raw land and mortgage notes) is permitted. At best, real estate provides steady income and long-term appreciation. Usually only special-purpose banks and trust companies offer these investments, as “self-directed IRAs.”

Potential risks are high. “Self dealing” is strictly prohibited—which means you can’t invest in something you or immediate family members use or benefit from. Otherwise your entire IRA balance is treated as a withdrawal and subject to relevant taxes plus a 10 percent penalty if you’re under age 59 1/2. Plus, there’s the liquidity issue: You need a big IRA to handle buying and maintaining property while also keeping a diversified portfolio. And if you need out quickly, you better hope for a robust real estate market. A good real estate mutual fund or exchange-traded fund is a simpler choice.

Click on the links to find 30A Foreclosures, 30A Short Sales, 30A Homes For Sale, 30A Condos For Sale

Also check out Watercolor Real Estate News, Watersound Real Estate NewsPanama City Beach Real Estate News.

Three Gulf Front Short Sales and One Foreclosure

Short Sale_edited-2
Right now there are three gulf front homes for sale on 30A that are listed as a short sale and one listed as a foreclosures. Short sales are simply when a property owner sells the property for less than what is owed to the bank – of course the bank has to approve the sale as well.

Where are they?

The 30A Short Sale above is located in located in Gulf Trace, it has 5 bedrooms and 5-1/2 baths, 4,150 sq.ft. and it’s own private dune walk over. It was purchased in 2005 for $4,040,000 and is now listed for $3,250,000! The other two 30A short sales are located in The Retreat - listed for 3,330,000 and Seacrest - listed at 1,199,000. The 30A Foreclosure is located in Sand Cliffs and is listed at $1,200,000.

More 30A Short Sales and Foreclosures

Click on the links to learn more about how to buy or sell a short sale on 30A or see all 30A foreclosures. Also if you don’t miss out on any new short sales and foreclosures simply sign up for the FREE  30a Short Sales and Foreclosures Alert and we will send you an email everytime a new short sale or foreclosures hits the market.

New Rules Could Speed Up 30A Short Sales!

 

could it be 2

Could New Rules Speed Up Short Sales?

A recent press release from floridarealtors.org on January 12, 2010 talked about the federal government setting new guidelines for short sales of homes, giving lenders a 10 day limit to respond to offers, freeing borrowers from debt and providing financial incentives to lenders.

If this is true and actually happens it could help the 30A Real Estate market sell off the inventory of short sales and foreclosures.  If we can do that it would relieve the pressure on “regular” sellers and stabilize home prices.

According to the article, to speed up the process, the U.S. Treasury is calling for lenders to respond to short sale offers within 10 business day. Sellers are eligible for $1,500 moving allowances, and they will not be on the hook for repayment of any debt.

Lenders will also get $1,000 to cover administrative and processing costs, while investors owning the mortgages will receive a maximum $1,000 for allowing up to $3,000 in short sale proceeds to be distributed to less senior lenders.

This is certainly interesting news and potentially very helpful for everyone looking to buy or sell 30A Real Estate.

If you are interested in learning more about how short sales work simply contact John Moran with Keller Williams Realty’s At The Beach Team and he will be happy to answer your questions.  John can be reached at 850-654-3325 or via email at JohnMoran@AtTheBeachTeam.com

If you are interested in 30A Short Sales or 30A Foreclosures simply click on the highlighted copy.