9 Whittlesey, Palm Coast – Wow, what a deal!

With deals like this, Florida real estate is becoming more attractive everyday…

4 Bedroom – 3 Baths with over 1,900 square feet of living area! Built in 2003.

SOLD in September 2009 for $139,900 !!!

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This property was a “Short Sale” approved by the lender. Sold by Hawk Beach Realty.

*All Information is gathered from the FLGMLS and is deemed reliable but not guaranteed

SOLD - Salt Water Canal Lot with OCEAN VIEWS!

Here’s one you missed! SOLD!!! 3568 N Oceanshore Blvd, (Hammock Moorings North) Palm Coast Florida - This BANK OWNED lot was originally listed on July 2nd, 2009 for $134,900. It SOLD in less than 90 days for $99,500 CASH.

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Fantastic Location at unbetable price with Salt Water Canal frontage and only across the street from Ocean! Community has access to the Beach right across the street from gate. If you are searching for Florida at its BEST look no further! This is a beautiful home site for any boater / ocean enthusiast. Submit all Offers on AS-IS contract with proof of funds or pre-approval letter. Sold by Hawk Beach Realty.

*All Information is gathered from the FLGMLS and is deemed reliable but not guaranteed

This Florida CANAL FRONT home SOLD for $335,000

Originally listed on April 1, 2008 for $485,000

SOLD for $335,000 – 3 Bedroom – 3 Bath – 2,572 Square Feet

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SOLD! - A unique one-of-a-kind Mariani custom-built home located on a saltwater basin. 3 bedrooms (2 masters), 3 full baths. Some of the many upgrades and features include: See-thru fireplace between living room and den, built-in china cabinet and buffet in dining room, abundance of closets and other built-ins. Large propane tank to fuel whole-house generator and fireplace. Florida room under heat and air, handicapped accessible 18'x35' boat dock has water, electric, boat lift, security lights, sink and built-in seating area to relax and enjoy the basin view. AND MORE. Great location in excellent neighborhood. Sold by Hawk Beach Realty.

*All Information is gathered from the FLGMLS and is deemed reliable but not guaranteed

Florida home SOLD for $105,000 - 1,775 sq ft, built in 2004!!!

SOLD for $105,000 – 3 Bedroom – 2 Bath – 2 Car Garage

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SOLD! – This was a Short Sale Lender Approval Required. Brick home w/ split floor plan, 3 bedrooms, 2 bathrooms, tiled floors throughout except bedrooms. Nice kitchen w/tiled backsplash, breakfast nook & bar counter. Large fenced back yard, very nice neighborhood. Built in 2004!!! Sold by Hawk Beach Realty.

*All Information is gathered from the FLGMLS and is deemed reliable but not guaranteed

Senate Panel Okay's an extension of the $8,000 tax credit for first time home buyers

Current version adds a credit for non-first-time buyers

and raises income limits.

Senators reached a compromise to extend the $8,000 tax credit for first-time home buyers, a boost the housing industry expects will help it pull out of its two-year-old downturn.

Under the Senate compromise, buyers must have sales agreements in hand by April 30, but they will have until June 30 to go to settlement, the sources said. The measure still faces votes in the full Senate and the House.

Washington believed that the original first time buyer tax credit would stimulate activity not just among entry level homes but also mid-range homes as the sellers of these homes would move up. What they failed to recognize is that the majority of the homes the first time home buyers are purchasing are either bank owned or short sales. Neither a bank nor a short sale seller with damaged credit is going buy a move up home.

Now Washington thinks by adding a $6,500 tax credit for other primary-home purchasers they can get they can stimulate the mid-range market. People who are planning on buying anyway will likely time their closing to qualify for and will gladly take the tax credit but I don't believe that $6,500 from Uncle Sam is going to influence someone's decision to purchase say a $500,000 home.

If you would like more information about this development feel free to call me anytime (386) 986-7091

Kendall Caputo

www.flaglercoastalproperties.com