FORGOTTEN COAST REALTY OF NW FLORIDA

MEXICO BEACH FLORIDA - Reduced Gulf Front Home

Carol Erwin — Fri, 04 Jun 2010 17:32:00 GMT

Mexico Beach FL, Bay County Florida - Announcing a price reduction on 1303 Hwy 98 #1, a 2,750 sq. ft., 4 bath, 5 bdrm 3 story. Now MLS® $799,000 - REDUCED!! GULF FRONT. Property information...(read more)

St Joe Beach Florida - Waterfront Home For Sale

Carol Erwin — Fri, 04 Jun 2010 17:30:00 GMT

St. Joseph Shores Florida, St. Joe Beach Florida - Gulf County Florida - Waterfront Home For Sale - Announcing a price reduction on 119 Watermark Way, a 1,920 sq. ft., 4 bath, 4 bdrm 2 story Waterfront Home. Now MLS® $895,000 - . Property information...(read more)

Condo in Mexico Beach Florida - For Sale - Tranquil Harbour #302 - BOAT SLIP INCLUDED

Carol Erwin — Fri, 04 Jun 2010 17:27:00 GMT

Mexico Beach Florida, Bay CountyFlorida - Tranquil Harbout at Mexico Beach - Boat Slip INCLUDED with Condo # 302-101 36th St #302, a 1,376 sq. ft., 3 bath, 3 bdrm other "CONDO". Now MLS® $378,400 - . Property information...(read more)

BAY FRONT HOME - REDUCED - Cape San Blas Florida - St Joseph's Bay

Carol Erwin — Fri, 04 Jun 2010 17:26:00 GMT

Cape San Blas Florida, Gulf County FLorida - Bay Front Home - Reduced - St Joseph's Bay - Announcing a price reduction on 250 Hibiscus Dr, a 2,188 sq. ft., 3 bath, 4 bdrm 2 story Bay Front Home. St Joseph's Bay - Gulf County Florida. Now MLS® $599,200 - REDUCED!!! BAY FRONT HOME. Property information...(read more)

GULF FRONT HOME- Mexico Beach FL - REDUCED

Carol Erwin — Fri, 04 Jun 2010 17:24:00 GMT

Mexico Beach FL, Bay County FL - Gulf Front Home REDUCED - Announcing a price reduction on 1303 Hwy 98 #1, a 2,750 sq. ft., 4 bath, 5 bdrm 3 story. Now MLS® $799,000 - REDUCED!! GULF FRONT. Property information...(read more)

GULF FRONT Mexico Beach Florida - For Sale - 5BR/5B

Carol Erwin — Fri, 04 Jun 2010 17:22:00 GMT

SHORT SALE - GULF FRONT • 2,706 sq. ft., 5 bath, 5 bdrm duplex "SFR or DUPLEX" - MLS® $750,000 - REDUCED!!! GULF FRONT Mexico Beach, Bay County - SHORT SALE!! FULLY FURNISHED!! "AS IS" GULF FRONT WITH RENTAL INCOME in Mexico Beach FL. One of the best rentals along the beach. Live on one level - Rent out the other. First level 3BR/3B. Second level 2BR/2B. Living/Dining/Kitchen on both levels. Elevator, Storage, Parking and Patio under house. 2706 SF H/C, 4970 SF Total....(read more)

Cape San Blas Florida - Gulf Front Lot - REDUCED

Carol Erwin — Thu, 13 May 2010 12:14:00 GMT

Cape San Blas Florida, Gulf County Florida - Announcing a price reduction on 188 Louisiana Ln, a lot / land "1/2 Acre +/-". Now MLS® $275,000 - REDUCED!! GULF FRONT LOT. Property information...(read more)

Boat Slip Included at Tranquil Harbour in Mexico Beach

Carol Erwin — Mon, 22 Feb 2010 18:47:00 GMT

Mexico Beach, FL, Bay County Florida - Announcing a Boat Slip included with this 1,099 sq. ft., 2 bath, 2 bdrm "CONDO". Now MLS® $302,225 - BOAT SLIP INCLUDED.

Property information

CONDO With BOAT SLIP at Tranquil Harbour in Mexico Beach Florida

Carol Erwin — Sun, 31 Jan 2010 14:17:00 GMT

CONDO With BOAT SLIP at Tranquil Harbour in Mexico Beach Florida • 1,099 sq. ft., 2 bath, 2 bdrm other "CONDO" - MLS® $302,225 Mexico Beach Florida, Bay County Florida - NEED A BOAT SLIP Private Boat Slip Heated Pool and a Gulf View PLUS a 2BR/2B condo located along the canal at Tranquil Harbour in Mexico Beach Florida, a small coastal town along the Gulf of Mexico in NW Florida. This upscale condo offers open living atmosphere, 9'ceilings, crown molding, granite counters,...(read more)

Tranquil Harbour Condo with Boat Slip Included in Mexico Beach Florida

Carol Erwin — Sun, 31 Jan 2010 14:15:00 GMT

4BR/3B CONDO WITH BOAT SLIP INCLUDED • 1,651 sq. ft., 3 bath, 4 bdrm other "CONDO" - MLS® $454,025 Tranquil Harbour Condo with Boat Slip Included in Mexico Beach Florida Mexico Beach Florida, Bay County Florida - WOW! BOAT SLIP and GULF VIEW included with this 4BR/3B condo located in Mexico Beach Florida. This Tranquil Harbour condo has two levels. Main floor consists of living/dining/kitchen with high ceilings, crown molding, granite countertop in kitchen, white appliances, tile...(read more)

BOAT SLIP INCLUDED - TRANQUIL HARBOUR IN MEXICO BEACH FLORIDA

Carol Erwin — Sun, 31 Jan 2010 14:14:00 GMT

BOAT SLIP INCLUDED - TRANQUIL HARBOUR IN MEXICO BEACH FLORIDA • 1,376 sq. ft., 3 bath, 3 bdrm other "CONDO" - MLS® $378,400 Mexico Beach, Bay County - WOW! BOAT SLIP and GULF VIEW included with this 3BR/3B condo located in Mexico Beach Florida. This Tranquil Harbour condo has two levels. Main floor consists of living/dining/kitchen with high ceilings, crown molding, cherry cabinets, granite countertop, white appliances, light tile flooring, ceiling fans, and french doors opening...(read more)

Tranquil Harbour Condo Mexico Beach Florida

Carol Erwin — Sat, 30 Jan 2010 02:14:00 GMT

Tranquil Harbour Condo Mexico Beach Florida • 1,276 sq. ft., 2 bath, 3 bdrm 3 story "CONDO" - MLS® $350,900 Tranquil Harbour, Mexico Beach - BOATER'S PRIVATE BOAT SLIP at Tranquil Harbour located along the canal in Mexico Beach, Florida. This 3BR/2B condo offers open living atmosphere , 9'ceilings with crown molding, granite countertop, white appliances, ceiling fans and tile flooring. Two French Doors provide access from the Living area to Balcony. The Dining area offers...(read more)

January News

Carol Erwin — Fri, 01 Jan 2010 13:53:00 GMT

Your REALTOR^®

Carol Erwin

January 2010

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Rates Still At Low Levels
      In Freddie Mac's results of its Primary Mortgage Market Survey the 30-year fixed-rate mortgage averaged 5.05 percent for the week ending December 24, 2009 - up from the previous week when it averaged 4.94 percent.
      Last year at this time, the 30-year fixed-rate mortgage averaged 5.14 percent.
      "Although rates are above 5 percent for the first time since the end of October, they are still around

Mortgage Rates

Source: Realty Times

U.S. averages as of December 24, 2009:

30 yr. fixed:   5.05%
15 yr. fixed:   4.45%
1 yr. adj:        4.38%

0.5 percentage points below this year’s peak set in mid-June," said Frank Nothaft, Freddie Mac vice president and chief economist.

Exterior Remodeling Proves Best Bang for Your Buck

Results from the 2009 Remodeling Cost vs. Value Report show that small-scale exterior projects are the most profitable at resale, according to estimates by Realtors® who completed a recent survey.
On a national level, eight out of the top 10 projects in terms of costs recouped were exterior replacement projects that cost less than $14,000. Certain types of door and siding replacements, as well as wood deck additions all returned more than 80 percent of project costs upon resale. A steel entry door replacement recouped 128.9 percent of costs, followed by upscale fiber-cement sliding replacements at 83.6 percent. Wood deck additions recouped 80.6 percent of costs.

How Can You Tell If You Are In a Buyer's Market?

    Markets operate on the basis of supply and demand.
     If you have a local market where the supply of homes is significantly greater than demand, you will have a market where home sales slow, prices stall or drop, properties are more affordable and purchasers are typically able to negotiate significant concessions from sellers. And that, in a nutshell, is a buyers market.
     Today many local markets favor purchasers.
     No less important, interest rates are at the lower end of the scale on an historic basis, and you can do well with conservative, reasonable financing such as FHA, VA and conventional loans. Relative to the past few years, now is a good time to buy in many areas.

IRS Clarifies Home Buyer Tax Credit Ambiguities
    The IRS has clarified its position on two scenarios that have arisen with the extension of the first-time home buyer tax credit and creation of the new repeat home buyer tax credit.
     With the addition of the second tax credit, there may now be a situation in which two unmarried buyers purchase a residence together where one qualifies for the $6,500 repeat buyer credit and the other qualifies for the $8,000 first-time home buyer credit.
     According to the IRS, they must allocate the tax credit in a meaningful manner.
     The repeat buyer cannot receive a tax credit higher than $6,500 and the total amount claimed by both buyers cannot exceed $8,000.
     For example, the repeat home buyer could claim $6,500 and the first-time home buyer could claim $1,500. Alternatively, both buyers could claim a $4,000 tax credit.
     The second scenario involves the qualification status of married purchasers as repeat home buyers.
     In order to qualify for the repeat buyer tax credit, both individuals must have lived in the same residence for five consecutive years out of the last eight.
     If one spouse has lived in the house for five years and the other moved in later, after they were married, then they are both excluded from the repeat buyer tax credit.

Carol Erwin
850-819-1205
carol@buytheforgottencoast.net
http://www.buytheforgottencoast.net

Forgotten Coast Realty of NW Florida
850-648-3000
900C Hwy 98
Mexico Beach , FL 32456

THE BEACH IS ACTIVE!!!! SCALLOP SEASON IN FULL SWING!!!

Carol Erwin — Sun, 19 Jul 2009 14:22:00 GMT

A busy Scallop Season for 2009 and this Scallop Season is considered a Great Success for all those Scallop lovers!!!

Vacationers are abundant all along the coast this year. If you are thinking of a vacation to The Forgotten Coast of Florida, contact "Forgotten Coast Rental" for your next visit. Visit www.forgottencoastrental.com to book your vacation on line.

Real Estate Sales are occuring on a weekly basis.

There have been 22 closings in the Mexico Beach- St Joe Beach area during June/July 2009. 8 Lot Sales ranging from as low as $58,000 to $200,000. 14 Residential sales ranging from $106,000 up to $750,000. Several homes are Under Contract.

The Cape San Blas & Indian Pass Florida area have had 23 closings during June/July 2009. 7 Lot closings as low as $23,650 to a Gulf Front Lot at $580,000. And 16 Residential Sales ranging from $170,000 to $587,000. A great time to BUY!!!!

Port St Joe experienced 7 closings during June/July 2009. 1 lot sale at $90,000 and 6 Residental sales ranging from $40,000 to $193,500. Now is a great time to purchase in the Port St Joe area!

St George Island had 21 closings during June/July 2009. 3 Lot sales from $88,500 to $240,000. 18 Residential Sales ranging from $195,000 up to $1,175,000.

FORECLOSURES - During the June/July 2009 period there were 30 Foreclosure Sales from Carrabelle Florida to Mexico Beach Florida and all towns in between. Lot closing prices from $15,000 to $240,000. Residential closing prices from $55,800 to $440,000. There are still Foreclosures available. Call today to obtain a list of available Foreclosures - 850-819-1205 or 850-648-3000

The Sacred Heart Hospital in Port St Joe Florida will be completed by the end of 2009 and will open in early 2010.

The International Airport in Panama City Florida will be completed in 2010 and will allow additional flight options for our area.

Mexico Beach, Beacon Hill and St Joe Beach Florida have no Traffic Lights or Traffic Jams and all properties are located within 1/2 mile of the beach. Almost like country living along the coast. Stress Free and Non-Commercialized.

Interest rates are low. Sellers are anxious. A great time to BUY!!!

Contact our office anytime at 850-648-3000 or email at carol@buytheforgottencoast.net

Visit our website at www.buytheforgottencoast.net We have several agents to assist you with your real estate needs.

"THE FORGOTTEN COAST OF FLORIDA" "COME & VISIT" "COME & STAY"

Wetappo Creek - Lot 18 For Sale - 1.44 Acre

Carol Erwin — Sat, 04 Jul 2009 14:20:00 GMT

1.44 Acre Homesite at Wetappo Sub • lot / land "1.44 Acre Homesite" - MLS® $150,000 - Lot 18 - Wetappo Subdivis Highway 386, Wewahitchka - 1.44 Acre Lot in the Wetappo Subdivision located about 10 miles from Mexico Beach. This large home site is located near the Deep Water Wetappo Creek. The community offers walking trails, community docks, community screen house, stocked ponds. Community also has unground utilities, paved streets and street lights.The Community Screen House sits...(read more)

Wetappo Creek - 18 Wide Water Circle For Sale- Wetappo Subdivision

Carol Erwin — Sat, 04 Jul 2009 14:20:00 GMT

Wetappo Sub, Wewahitchka, FL - Lot for Ssle in Wetappo Sub - 18 Wide Water Circle, a lot / land "1.44 Acre Homesite". Now MLS® $150,000 - Lot 18 - Wetappo Subdivis. Property information...(read more)

2.69 Acre - Land For Sale - 4649 Jasper Lee - $49,000

Carol Erwin — Sat, 04 Jul 2009 13:57:00 GMT

Honeyville, Wewahitchka, North Gulf County Florida - Announcing a price reduction on 4649 Jasper Lee, a lot / land "2.69 Acres". Now MLS® $49,000 - REDUCED 2.69 Acres.

Property information

Lot For Sale -122 HARMONY STREET - .64 Acre Lot - $49,900

Carol Erwin — Sat, 04 Jul 2009 13:55:00 GMT

Highway 386, Wewahitchka - Announcing a price reduction on 122 HARMONY STREET, a lot / land ".64 Acre - Lot 12". Now MLS® $49,900 - Cottages at Coastal Pines.

Property information

Lot for Sale - .64 Acre - 449,900 - 127 Harmony Street - North Gulf County Florida

Carol Erwin — Sat, 04 Jul 2009 13:54:00 GMT

Highway 386, Wewahitchka - Announcing a price reduction on 127 Harmony Street, a lot / land ".64 Acre". Now MLS® $49,900 - Cottages at Coastal Pine.

Property information

Mexico Beach Florida - Lot for Sale - 26 Ocean Plantation - $49,999

Carol Erwin — Sat, 04 Jul 2009 13:53:00 GMT

Mexico Beach Florida, Bay County Florida - Announcing a price reduction on 26 Ocean Plantation, a lot / land. Now MLS® $49,999 - Lowest Priced Lot.in Ocean Plantation and only 2 blocks to beach. Property information...(read more)

Lot for Sale - $49,900 - .64 Acre - 114 Harmony Street - North Gulf County Florida

Carol Erwin — Sat, 04 Jul 2009 13:53:00 GMT

Highway 386, Wewahitchka, FL - Announcing a price reduction on 114 Harmony Street, a lot / land ".64 Acre". Now MLS® $49,900 - Lot 12 - .64 Acre. Property information...(read more)

Mexico Beach Florida - Lot for Sale - 49 Ocean Plantation - $59,999

Carol Erwin — Sat, 04 Jul 2009 13:52:00 GMT

Mexico Beach Florida, Bay County Florida - Lot 49 in Ocean Plantation, "Corner Lot". Now MLS® $59,999 - .

Property information

Lot for Sale - 117 Harmony St - .86 Acre - $69,900

Carol Erwin — Sat, 04 Jul 2009 13:51:00 GMT

Highway 386, Wewahitchka Florida - Announcing a price reduction on 117 Harmony St, a lot / land " Lot 5 .86 Acre". Now MLS® $69,900 - . Property information...(read more)

Lot for Sale - 109 Harmony Street - North Gulf County Florida

Carol Erwin — Sat, 04 Jul 2009 13:49:00 GMT

Highway 386, Wewahitchka Florida - Announcing a price reduction on 109 Harmony Street, a lot / land ".86 Acre". Now MLS® $69,900 - . Property information...(read more)

For Sale - $99,000 - Mobile Home on 1.17 Acres with Pond.

Carol Erwin — Sat, 04 Jul 2009 13:48:00 GMT

Highway 386, Wewahitchka - For Sale - 1.17 Acre 680 Borders Rd, a 1,064 sq. ft., 2 bath, 3 bdrm manufactured home.with poind/small lake. Now MLS® $99,000 - .

Property information