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.   

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 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. 

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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.

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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

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...]

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.

A Watersound Condo Short Sale Worth Looking At.

Watersound Short Sale

Click on this picture to learn more about this great Watercolor Condo Foreclosure

There are only 3 Watersound Short Sales to choose from right now.

I get many calls from people looking to cash in on this great buyer’s market we’ve been expirencing over the last few years and right now I’m telling them is to take a good look at short sales.  They may not happen quickly and can sometimes be a little frustrating BUT they can also create great buys for people willing to go the distance to closing.

How do I find Watersound Short Sales?

As you can see there aren’t a ton of Watersound Short Sales so if you are currently interested in a getting a great deal on Watersound Real Estate or think you may be in the future simply sign up for our FREE Watersound Short Sale and Foreclosure Alert and we will email you all the Watersound Short Sales and Foreclosures as soon as they hit the market!  It’s a great way to stay on top of new Watersound Short Sales and foreclosures.

What if I want to sell my Watersound Property as a Short Sale?

Short sales can be a bit daunting but we have systems in place that almost always result in success.  If you are interested in learning more about the short sale process and what your options simply contact Kris or John Moran at 850-654-3325 or send an email at info@AtTheBeachTeam.com

30A Short Sales Will Produce Great Deals In 2010!

Watercolor home for sale as a short sale - click on picture for details

Watercolor home for sale as a short sale - click on picture for details

Looking for a great deal on 30A real estate?  Be sure to check out 30A Short Sales

Here is the deal - 30A Short Sales may take a while to work through but man if you are patient you can get great deals on real estate at the beach.   We are seeing banks take as low as $50 cents on the dollar for condos, homes and land.  Take a look at these examples… [Read more...]

Great News for Property Buyers!

 800-tax-credit[1]

The government tax credit for property buyers have been extended.

The $8,000 tax credit for first time home buyer was due to end on November, but it has been extended for another seven months. This extension is through June of 2010 and buyers must sing a contract by the end of April.

There’s More

The $6,500 tax credit will benefit…

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