5 QUESTIONS TO ASK BEFORE PURCHASING... - 01/31/10 06:58 PM
RISMEDIA, December 15, 2009-(MCT)-Interest rates on the benchmark 30-year, fixed-rate mortgage dipped to a 38-year low recently, giving consumers another reason to consider purchasing a home or refinancing their current one.
Freddie Mac recently stated the average rate on a 30-year loan was 4.71% with an average 0.7 point, the lowest rate since the agency began its weekly tracking of long-term interest rates in 1971. A point is equal to 1% of the loan amount, payable as a lump sum at closing. While the decline wasn't overly dramatic, the dip is likely to get people wondering whether it's time to sign … (2 comments)

Existing homeowners looking to purchase....Act NOW! - 01/23/10 01:50 PM
RISMEDIA, January 23, 2010-By now it is well documented that today's affordable housing prices, historically low interest rates and federal home buyer tax credit have combined to create one of the most attractive first-time buyer markets in recent memory. What many Americans might not realize is that a recent expansion of the buyer tax credit has created an equally desirable opportunity for existing homeowners.
This past November, Congress elected to expand the home buyer tax credit to repeat buyers after seeing the success the temporary financial incentive had on the housing market and overall economy. As a result, current homeowners who … (0 comments)

Existing homeowners looking to purchase....Act NOW! - 01/23/10 01:48 PM
RISMEDIA, January 23, 2010-By now it is well documented that today's affordable housing prices, historically low interest rates and federal home buyer tax credit have combined to create one of the most attractive first-time buyer markets in recent memory. What many Americans might not realize is that a recent expansion of the buyer tax credit has created an equally desirable opportunity for existing homeowners.
This past November, Congress elected to expand the home buyer tax credit to repeat buyers after seeing the success the temporary financial incentive had on the housing market and overall economy. As a result, current homeowners who … (0 comments)

Can you get a PANAMA CITY BEACH condo financed right now? - 01/22/10 12:39 PM
Hello all...
I had a very good question asked from one of my customers the other day, and thought it would make for good public knowledge...
We just had a closing at one of our High Pointe (Hwy 30A) units fall through due to financing.  We were told that "hotel-like" properties are difficult to finance.  Have you had any experience with this sort of situation?
The answer is....
YES, that is absolutely true. If your complex offers on site rental mgmnt, or short term (nightly) fees...it is now classified as a "Condotel" through a lender's eyes!This has been a big problem … (0 comments)

THINK BEFORE JUMPING ON THE "DISTRESS" BANDWAGON - 01/20/10 12:53 PM
RISMEDIA, December 21, 2009-It's easy pickings out there for many potential homebuyers. Housing prices are at their lowest in more than a decade, inventories are high, analysts are predicting a new wave of foreclosures and the government is offering two substantial tax credits for which many homebuyers qualify.
But bargain buyers beware, warns Vince Mastronardi, whose property preservation business has been busy preparing foreclosed homes for sale.
"Buyers need to educate themselves about the potential pitfalls of purchasing distressed property," says Mastronardi, president of On-Site Specialty Cleaning & Restoration. "It's not so much what damage occurred, but the source of that … (0 comments)

Hello fellow RAINMAKERS!...just upgraded...:) - 01/20/10 12:44 PM
I would simply like to take a moment to introduce myself to your "blog community", and hope I am well received...I am super excited about sharing my knowledge of the Panama City area with anyone interested, and am always excited about making referral contacts in other cities and states! We need long arms in our network of referrals, and I love reaching out to welcome anyone!In addition...I would like to extend my services to buyers and sellers across the country! I feel I can bring a "unique" twist to your buying or selling experience, by offering you what I like to … (0 comments)

 
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Mia Pankey

Panama City, FL

More about me…

Latitudes Realty

Address: 848 Jenks Ave, Panama City, Fl, 32401

Office Phone: (850) 522-6000

Cell Phone: (850) 896-3033

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Everything you ever need and want to know about local real estate market conditions, trends, general community information, or even the VERY BEST DEALS OF THE WEEK!! ASK ME ANYTHING industry related...I am always here to help you, With a GUARANTEED 30 minute or less response time!


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