Monday, December 27, 2010
Panama City Real Estate With Brook Simmons: JUST LISTED!!! Panama City, Florida
Panama City Real Estate With Brook Simmons: JUST LISTED!!! Panama City, Florida: "MLS# 412825 Looking for a home with lots of upgrades at an affordable price? Come check out this GREAT home in High Point. This 3 bedroom, ..."
JUST LISTED!!! Panama City, Florida
MLS# 412825 Looking for a home with lots of upgrades at an affordable price? Come check out this GREAT home in High Point. This 3 bedroom, 2 bath, all brick home sits high and dry with a creek that runs through the west side of the lot. The exterior features of this home include a 2 car garage, storm shelter with electricity, and a Culligan dual filter water softener system. The kitchen offers solid oak cabinets, stainless steel appliances, and more. The interior features of this home also include, 14" tile flooring in the kitchen, baths, and laundry room, wood flooring in the living and dining areas, and wall to wall carpet in all the bedrooms. The master bedroom offers plenty of space for large furniture and a huge walk-in closet. The master bath has a beautiful separate garden tub and shower, a marble double vanity sink, and linen closet. Call me today at 850-814-8259 to schedule your appointment to see this GREAT home.
Thursday, November 18, 2010
Do you want a home for Christmas? Don't miss this one.
Don't miss this home. It is MOVE IN READY and PRICED TO SELL!!! PERFECT FOR THE FIRST TIME HOME BUYER. MLS# 401501 This 3 bedroom, 2 bath home is conveniently located near Tyndall Air Force Base, shops, and restaurants. The interior of this home features a beautiful eat-in kitchen, open living and dining area with cathedral ceilings and glass door leading out to the patio, perfect for your family grill out. The master bedroom features 2 large walk-in closets sure to make any closet lover smile. Both full baths feature skylights for plenty of natural light. The home also has a 2 car garage and a separate laundry room. The exterior of the home offers a beautiful landscaped front yard, large fully fenced private backyard with plenty of space for your kids or pets, covered patio, and a sprinkler system on a separate meter. The home is currently on a termite bond. Call me today at 850-814-8259 to set up your private showing.
Wednesday, November 17, 2010
Short Sale Myths and Truths for Buyers
It is truely a buyers market. But when it comes to short sale properties, the buying experience can become frustrating if you are not fully informed. Here are a few short sale myths and truths
1. Myth-Short Sale means the property can close fast
Truth- While every bank has their own system to handling short sales you should anticipate atleast 3 to 6 months for approval from the sellers bank. And be aware that some short sales have dragged out for over a year.
2. Myth- I can get a better price if I purchase a short sale
Truth- You can get a the home that you want at a fair price but not necessarily less than current market value
3. Myth- The short sale listing says APPROVED so we will be able to close faster
Truth- What was approved? The sellers bank approved that they would consider a short sale? The price is approved? In either case, if you have a definite timeline as to when you need to be in a home that is less than 6 months out, you may want to look at other properties before writing an offer or have a back up plan in place.
4. Myth- The list price is the sell price, so the sellers bank has to take that price
The list price on a short sale is not necessarily the price that the bank will agree to. Bankers are not Realtors and typically will not discuss prices with the sellers or sellers agents until they have received an offer and done their own market research. At that time they will either accept the offer or counter offer. If you are looking at a short sale that is listed below market value, you need to be prepared that the bank could counter offer at a price higher than the list price.
5. Myth- Any short sale listing that goes under contract will eventually close
Only about 30% of short sales actually make it to the closing table in Bay County. This is why you need a Realtor that is knowledgeable about short sales. An experienced short sale agent can prequalify short sales so that you know you have the best opportunity to actually close on the home. If you are considering purchasing a short sale make sure to ask your realtor if they prequalify short sales and if so, what is their process.
6. Myth- If I purchase a short sale I could be responsible for liens attached to the property
The approval letter from the sellers bank not only approves the purchase price but also includes the banks agreement to release the lien on the property so that you can purchase the property free and clear. However, It is very important that you have a title search/exam done prior to closing in order to make sure that their are no other type liens attached to the property.
I hope you find this helpful. Please give me a call if you have any questions at 850-814-8259 or visit my website www.BrookSellsPC.com. I'd love the opportunity to help you find a GREAT home.
1. Myth-Short Sale means the property can close fast
Truth- While every bank has their own system to handling short sales you should anticipate atleast 3 to 6 months for approval from the sellers bank. And be aware that some short sales have dragged out for over a year.
2. Myth- I can get a better price if I purchase a short sale
Truth- You can get a the home that you want at a fair price but not necessarily less than current market value
3. Myth- The short sale listing says APPROVED so we will be able to close faster
Truth- What was approved? The sellers bank approved that they would consider a short sale? The price is approved? In either case, if you have a definite timeline as to when you need to be in a home that is less than 6 months out, you may want to look at other properties before writing an offer or have a back up plan in place.
4. Myth- The list price is the sell price, so the sellers bank has to take that price
The list price on a short sale is not necessarily the price that the bank will agree to. Bankers are not Realtors and typically will not discuss prices with the sellers or sellers agents until they have received an offer and done their own market research. At that time they will either accept the offer or counter offer. If you are looking at a short sale that is listed below market value, you need to be prepared that the bank could counter offer at a price higher than the list price.
5. Myth- Any short sale listing that goes under contract will eventually close
Only about 30% of short sales actually make it to the closing table in Bay County. This is why you need a Realtor that is knowledgeable about short sales. An experienced short sale agent can prequalify short sales so that you know you have the best opportunity to actually close on the home. If you are considering purchasing a short sale make sure to ask your realtor if they prequalify short sales and if so, what is their process.
6. Myth- If I purchase a short sale I could be responsible for liens attached to the property
The approval letter from the sellers bank not only approves the purchase price but also includes the banks agreement to release the lien on the property so that you can purchase the property free and clear. However, It is very important that you have a title search/exam done prior to closing in order to make sure that their are no other type liens attached to the property.
I hope you find this helpful. Please give me a call if you have any questions at 850-814-8259 or visit my website www.BrookSellsPC.com. I'd love the opportunity to help you find a GREAT home.
Tuesday, November 16, 2010
100% Financing Still Available in Bay County, Florida
With all the negative talk about banks and financing, many homebuyers don't realize that qualified buyers can still get 100% financing on Primary residences. The two main types of 100% financing currently available is Rural Development loans and FHA with Bond Money. Rural Development is 100% financing but limits the buyer to homes within the Rural Development areas. These areas include Lynn Haven, Callaway, East Hiland Park, and some areas in northern Panama City Beach. For qualified buyers looking to take advantage of the market without having to put a large downpayment this is a GREAT program. The FHA loan with Bond Money is another option. Qualified buyers can purchase any home that qualifies for FHA without limiting the areas that you can purchase in. If you or someone you know is looking to purchase a home with no money down give me a call at 850-814-8259 today. I will be happy to get you in contact with a local lender to find out if you qualify for 100% financing and help you get started on your new home purchase.
Monday, November 15, 2010
Large Contemporary Home in Private Community Priced to Sell
Are you looking for a contemporary style luxury home in Panama City Beach, Florida? Look no further. This 4 bedroom plus large bonus room comes complete with 4 full baths. Some of the exterior features include a 3 car garage, decorative paved driveway, Outdoor kitchen, in ground pool, and irrigation system with separate meter. The interior features include Jennaire and Bosch appliances, Maple cabinets, large kitchen island, granite countertops throughout, 9',10', and 14' ceilings throughout the home, built in desk, built in bookshelves, wet bar area, pre wired for generator and more... The flooring includes tile in the kitchen, baths, and great room, bamboo flooring in formal dining room and office, and oak hardwood floors in the master suite. The master suite includes a sitting area with a bay window overlooking the pool that is not included in the room dimensions. This home is priced to sell. Contact me today for more information or to set up your private showing.
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