Real Estate Information

The real estate market in Panama City Florida is truly a market that is hot for buyers.  Prices rose very quickly in 2004 and 2005 making buying a home very difficult.  If you did find a home that did not sell before the ink was dry on the listing contract,  the homes that were available sold for more than asking price with multiple offers.  This was a time that many Realtors thought were prosperous times and they would NEVER END!!!   What actually was happening was the market was tough on buyers and was headed for a cooldown.   

Since May of 2006, our market shifted to a "Buyers Market".  What is a buyers market?   That is the question that many ask but don't always get a straight answer.  A buyers market simply means that there are more sellers than buyers and supply is greater than demand.  When supply exceeds demand, prices fall.   Many hear "buyers market" and automatically think that they can lowball and get sellers to sell for far less than market value.  What acutally happens is that ALL GOOD REAL ESTATE will sell for market value.  Even in a buyers market, real estate still sells for "market value"  To find out more about homes for sale go to www.knowpayneknowgain.com .

Todays market has many great buys, so what are you waiting for?????????????

Call me today at 850-890-0132 for a personal buyer consultation with The Payne Group.

302 Liddon Place, Lynn Haven, FL

$205,000

The finest home in BelAire Estates. This 3 bedroom, 2 bath home has been carefully and lovingly renovated with new cabinets, counter tops, and new stainless steel appliances. Lamitate floors are throughout the kitchen and dining room for low maintenance and high quality. The huge sunk-in living room with valuted ceilings is adjoining the dining room and features a wood burning fireplace to set the mood. The privacy and security of BelAire Estates is great for the growing family. The corner lot is extra large and features plenty of room and access for a pool, RV or boat. Mature trees provide plenty of shade and privacy. Convenience is the key with any shopping, dining or recreation that you could ask for just a short drive away. Tyndall is just a few minutes away. For storage, the home has a two car attached garage PLUS a workshop with electricity as well as another storage building. CALL TODAY BEFORE THIS ONE IS GONE!!!!! All measurements are apporximate and should be verified if important.

302 Liddon Place, Lynn Haven Florida

$205,000

The finest home in BelAire Estates. This 3 bedroom, 2 bath home has been carefully and lovingly renovated with new cabinets, counter tops, and new stainless steel appliances. Lamitate floors are throughout the kitchen and dining room for low maintenance and high quality. The huge sunk-in living room with valuted ceilings is adjoining the dining room and features a wood burning fireplace to set the mood. The privacy and security of BelAire Estates is great for the growing family. The corner lot is extra large and features plenty of room and access for a pool, RV or boat. Mature trees provide plenty of shade and privacy. Convenience is the key with any shopping, dining or recreation that you could ask for just a short drive away. Tyndall is just a few minutes away. For storage, the home has a two car attached garage PLUS a workshop with electricity as well as another storage building. CALL TODAY BEFORE THIS ONE IS GONE!!!!! All measurements are apporximate and should be verified if important.

• Risky low down payment loans are no longer a viable option and are being replaced by more secure loans with mortgage insurance.
• Mortgage insurance is not only safe and predictable, but it’s also cancelable and packed with features borrowers want today, including Genworth’s optional and FREE Involuntary Unemployment Insurance and pre/post purchase counseling assistance.
• Consumers today have an increased understanding of how mortgage insurance can benefit them, and the extension of MI Tax Deductibility will help continue that trend.

The threat of foreclosure hanging over you?  Concerned about losing your home and ruining your credit?   You are not alone.  The Payne Group can help.

You may be eligible for a short sale.   Want to know more?

Go to www.shortsalesinpanamacity.com for more information

Cherokee Heights, Panama City Florida

Looking for a family oriented neighborhood close to schools and shopping yet far enough away from the "city"?  Cherokee Heights is a newer neighborhood in Panama City, Florida's north side.   The homes range from the 180's to the 280's starting with brick and vinyl homes to all brick custom homes.  We have new and resale homes available in all of those price ranges or we can build your custom home for you.

Tommy Smith and Merritt Brown schools are located in the neighborhood which is located 5 miles north of the Panama City Mall, just off of HWY 231 and Star Ave.  Tyndall Airforce Base is a short drive from Cherokee Heights as well as the beaches of Panama City Beach, FL.

For more information call us at 850-890-0132 or visit our website at www.panamacityhomesource.com

The Payne Group at Keller Williams Success Realty, Panama City, FL

Like most people, you want to know what your home is worth in today'smarket.   Many people watch the news and automatically assume that they are "upside down" or that they can not profit from the sale of their home.  For some that is true, but for most, they can still sell thier home for a profit and move up to their next home.  The folks who bought in the last 24 to 32 months probably bought at the peak of the market and would not be a good candidate for selling.  If you have owned your home for longer than that, you can still sell for a profit. To find out what your home is worth go to www.panamacityhomevalues.com .

So far this year, Panama City, Panama City Beach and Bay County have seen in excess of 1.5 Billion Dollars (YES BILLION WITH  A "B") in residential real estate sales.   If you have been thinking about selling or want to know how much your home is worth, www.panamacityhomevalues.com

Buyers are ready to buy, are you ready to sell?

Attention Panama City Home Buyers!!!!!!!

If you have been on the fence about when you should buy, now could be that time.  Interest rates are LOW, LOW, LOW and prices have dropped considerably in the last 3 months.  Sellers are motivated and ready to deal.   We have 100% financing still available, and sellers are willing to pay your closings costs meaning you can buy a home for ZERO!!!!!  Call for details at 850-890-0132.

We sell everything, new construction, first time homes, investments to those high end destination properties in Panama City and Panama City Beach.

Now is the time to buy, call us at 850-890-0132 or visit our website at www.panamacityhomesource.com

The Payne Group at Keller Williams Success Realty, Panama City Florida

Today's real estate market is much different than the boom years we experienced.  Many homeowners bought at the peak of the market at top price, financed 100% with adjustable mortgages,  and now are faced with hard times.  If you are worried about foreclosure, we may have a solution for you.

Short Sale

What is a short sale? A short sale is essentially selling the home for less than the mortgaged amount with lender approval.  This is done because the home is not worth today what it was paid for at time of sale. 

How do I short sale my home?  It is a process in which we, The Payne Group, list your home, find a buyer and proceed with the lender in selling your home for less than what it is worth.

Does this affect my credit?  Yes, it can have an affect on your credit.  It is a better alternative to foreclosure for the affect on your credit.

To find out more, please call us at 850-890-0132 to get started. All calls are strictly confidential.

3006 Par Dr

Panama City, FL  (Sandy Creek Ranch)

$175,000

Beautiful 3 bedroom, 2 bath home situated on .3 acres just off of the 4th hole of the golf course. For ulitimate enjoyment, location is key on this quiet cul-de-sac. The seller has completly repainted the interior and new carpets are throughout living room as well as all of the bedrooms. At 1130 square feet with an open concept, this home "lives" like a much bigger home. The kitchen has solid wood cabinets and a large pantry and includes all appliances. A breakfast bar separates the kitchen and dining room and vaulted ceilings join both rooms with the living room. Comfortable and spacious are the two words that describe this home. Maintenance free vinyl siding covers the exterior of the home. A one car attached garage provides storage for your car or truck. The huge back yard is privacy fenced and boasts a firepit for your outdoor adventures and a massive 16x16, shed for maximum storage capabilities. Don't let this home fool you, it is the finest home in the neighborhood for the condition and price. Call today for your private viewing. For the buyers convenience, the seller is offering a one year home warranty. All measurements are approximate and should be measured if important

Save thousands buying directly from the Payne Group

Call 850-890-0132 for details