Marianna, FL

4 acres of vacant land for sale in Marianna Florida $23,000.00. Wow what a great investment and a beautiful home site this property is going to make. This 4 acres is not in, but is located near the Indian Springs subdivision in Marianna Fl. At this low price, it wont be there for long! High and dry land with beautiful shade with a large clearing and lots of privacy. No where else will you find vacant land for sale in Marianna, Fl. at this price. Jackson County florida is a great place to live too!

The road leading into the property is called Pisces lane on the Property Appraisers plat. This lane is not county maintained and according to the Property App. Office, has no deeded right of way into the property. Word was that the named road has been there for years upon years and seems to be mutual between the surrounding land owners. However, This may be an issue to take on.

Go East on Hwy 90 outside Marianna Turn North on Popular Springs Road. Turn West on Springs Cemetery Rd. Go about a mile. It is the first pig trail lane to the left. follow down to the clearing. Sign is up. if you would like to see this property give Paula Stone with Crystal Palms Realty a call. or email me at mailps@yahoo.com. My website is www.crystalpalmsrealty.com

About Marianna Florida

It's a city where customers can find an ice cream cone for less than $2. However, the name of the ice cream parlor that dishes out the icy treat might mislead some new visitors. That Old House Ice Cream Parlor may look older because of its exterior, but it has modern touches mixed in with the old, ice cream parlor feel. Amid the iron chairs and wooden floors are conveniences such as a party room for birthdays and other celebrations. Outside the front door hangs a specially made sign that says, "Ice Cream Parking Only, Violators will Melt."

The parlor, located on South Madison Street in Marianna, shows a new tradition coming to life in the city. Businesses may be new, but owners appreciate the past. Visitors and residents can see that kind of thinking all over Marianna, which has a population of about 6,000 people and is the county seat for historic Jackson County. The city, located in the center of the county, blends modern day functionality with the history and nature that surrounds it.

Founded in 1827 by Robert Beveridge, the city began taking shape in September of that year, after the founder laid out the town on one of the three 80-acre tracts of land he had purchased. The town grew around present day Caledonia Street, but it began to flourish when two banks came to the city. One, the Bank of West Florida, was housed in a building across the town square, where it became the first building in Florida to be used specifically for banking.

Two major mercantile businesses established roots in Marianna, and Jackson County's well-known citizens moved to the city. Many of those early settlers' descendants still call Marianna home. They have stayed because of the city's combination of natural beauty, history and modern day amenities.

"You get to live in a rural, real Florida atmosphere with big city things about an hour away," a historian and resident said.

The town's history is easy to see around the streets and neighborhoods of Marianna, especially while driving past the historic Russ House, on Lafayette Street (Highway 90). Built by prominent landowner Joseph W. Russ Jr. in 1895, the Russ House underwent restoration in 1995, and in 2000 it became the home for the Jackson County Chamber of Commerce. Nearby the county courthouse, a historic marker commemorates the Battle of Marianna, which lasted less than an hour, but had a major impact on the development of the state.

The city's natural beauty also makes the area an enjoyable place to live or visit. Ask any resident and the answer for what sets Marianna apart from other towns in Florida will be the same.

"I think that's an easy thing-we have great natural resources," Marianna's mayor said.

Surrounding Marianna are some of the most pristine natural wonders in Florida. The Chipola River, a spring-fed tributary of the Apalachicola River, is one of the clearest rivers in the state. Many old-time residents report knowing all the swimming spots along the river while they grew up in and around the city. Also, Blue Springs is located near the city limits. The spring, which is a constant 69 degrees year-round, is a favorite place for children and cave divers. Merritt's Mill Pond has become a popular fishing spot with largemouth bass and redear sunfish, an anglers' most sought after catch.

Between the natural views and the reminders of history are shops like the Old Ice House Grill and Eatery. It features steaks, seafood and subs, along with a one-of-a-kind view of the millpond. These places are proud to have "old" in their names, as Marianna appreciates the heritage that infuses the area. Modern conveniences blend with old Florida history and nature to set Marianna apart.

Captain Wayne Rowlett of Rowlett Real Estate School would like to extend a special thank you to the members of the Chipola Area Board of Realtors who attended my Continuing Ed class in Marianna on Sept, 14th and 15th. The class was a pleasure to teach and I will look forward to the next CE class in the spring. My plan is to have a minimum of two Mariana CE classes each year. (March and September)

Thanks Again

~Captain Wayne~

Anyone interested in the upcoming classes scheduled can visit my website www.RowlettRealEstateSchool.com

14 hr CE Sept 14 & 15^th in Marianna, Florida

At the CBAR Building, 4277 Lafayette Street. $29

Classroom 14 hour Continuing Education in Panama City, Florida this weekend Aug 29 & 30^th. $29.

At the BCAR Building, 1123 Harrison Avenue.

Time is short to finish your 14 hour CE or even if your cycle is at a later date you may want to take advantage of our limited time, special price of $29 including book.

For those who are on voluntary inactive, dig those licenses out and look at the expiration date. Many licenses have gone by the wayside accidentally because the person named on the license lost tract of time. For those who did lose tract, I have an online 28 hour course you. Go beyond that, void and start over.

Both classes are confirmed and WILL NOT CANCEL. PLEASE go to www.RowlettRealEstateSchool.com and register at soon as possible to make our ordering of books easier.

*NEW* Starting with our 63 hour Pre-Associate class September 18^th, *NEW*

FREE REAL ESTATE COURSE FOR OUR TROOPS!

This is my way of showing my thanks and gratitude. Salute to all members of the Armed Forces for keeping us safe!

Check out our website for details.

Thanks

~Captain Wayne~

My buyers were golden.. The appraisal came in over 10K more than the selling price. Everything looked great! Waiting on underwriters to approve the loan. It was approved...YEAH!...... then they rescinded the loan! FHA underwriters came back with a glitch.. the 2004 Mobile Home had been previously moved. Another lesson.. ~ Don't Count your chickens... My customers ended up loosing almost $2000.00 for appraisal fees, surveys..ect. (Make sure the mobile home being financed through FHA has never been moved.) It will kill FHA financing. Oh, and by the way, the loan was being processed through TAYLOR BEAN & WHITTIKER. a month or so later a friend sent me this..

For ALL who Have TAYLOR BEAN & WHITTIKER Mortgages this just came out!! I AM a TB&W coustomer & I have NOT been notified of this! I found out thru the Fla Assoc of Realtors!!!! Fog of uncertainty beginning to lift for TBW loan customers

OCALA, Fla. - Aug. 21, 2009 - Florida banking regulators and Taylor, Bean & Whitaker Mortgage Corp. executives met Tuesday to hammer out details of who will take over the former lending giant's mortgages after it closed its doors for business earlier this month.

Terry Straub of the Florida Division of Financial Regulation said members of his agency met with Taylor Bean executives to help finalize the transition of nearly 150,000 of the Ocala-based mortgage company's former loans. Straub, who is the agency's director of the finance division, said that part of the meeting also included getting Taylor Bean to update its Web site to explain to its former customers the fate of their mortgages.

That Web site is http://www.taylorbean.com/.

State regulators also met with Taylor Bean executives to make sure money held in escrow and earmarked to pay home insurance and taxes would be used only for those purposes.

Many former Taylor Bean customers have contacted the Star-Banner complaining their home insurance payments had not been paid from their escrow accounts or were nearly due and yet unpaid.

"The principal thing we were interested in was that escrow money," Straub said. "We were concerned the money wasn't going to be available for payment."

The problem was that Taylor Bean's escrow accounts were held by Montgomery-based Colonial Bank, which was taken over Friday by the Federal Deposit Insurance Corporation and bought by BB&T. The bank was at the brink of failure, which triggered FDIC to step in to secure the bank's deposits.

What that did, Straub said, was essentially freeze those escrow accounts.

But Straub said Freddie Mac will make the escrow payments for its mortgages when they are due, if that escrow money is still unavailable. Straub said his office has yet to meet with Ginnie Mae over the same issue, but thinks Ginnie Mae will do the same for its loans that were underwritten by Taylor Bean.

And as soon as those escrow accounts become available again, Freddie Mac and Ginnie Mae would be reimbursed, he said.

Meanwhile, Straub said that banks are working to break up Taylor Bean's mortgage portfolio and spread the accounts to various other mortgage companies.

For the most part, Bank of America will take over Taylor Bean's Ginnie Mae-insured loans, which accounts for about $26 billion in mortgages. The bank also will send letters to its new customers letters telling them of the takeover, assign them new account numbers and mailing addresses for their mortgage and escrow payments. Bank of America said the letters should arrive at people's homes within two weeks.

Taylor Bean customers who have Freddie Mac-backed mortgages will have their loans serviced by Cenlar, a federally chartered savings bank which specializes in servicing loans, Straub said. That bank will take over nearly 50,000 of Taylor Bean's 150,000 loans.

Cenlar also will send letters to its new customers with the information they'll need to make their payments.

Freddie Mac mortgages that are not current will be serviced by Saxon Mortgage Servicer or Ocwen Financial Corp. Those are mortgage companies that specialize in distressed or delinquent mortgages.

They will take over nearly 35,000 of Taylor Bean's mortgages.

All told, Taylor Bean once serviced nearly $80 billion in mortgages.

Non-federally insured loans will be serviced by as many as 21 other financial institutions, Straub said. But for now, those loan payments should continue to be sent to Taylor Bean.

Telephone numbers and addresses to the banks and mortgage companies taking over Taylor Bean's loans are listed on Taylor Bean's Web site.

While the new Web site and Straub's announcement over how Taylor Bean's mortgages will be divvied up will be helpful, many Taylor Bean customers say they are frustrated with how slowly banks and state regulators are moving.

Taylor Bean ceased most of its business after federal agents raided its Ocala headquarters, removing boxes of financial records. Shortly thereafter, Ginnie Mae and Freddie Mac pulled their accounts with Taylor Bean, taking away most of the mortgage company's business.

For Angela Paxton, there's no shortage of blame to go around for the confusion many customers, including herself, experienced after Taylor Bean closed its doors.

The 36-year-old Paxton wasn't alone in not knowing where to send her mortgage checks. She said that the banks tapped to take over Taylor Bean loans should have contacted customers immediately and state regulatory officials should have made an effort to keep the public informed. "This is my first experience [owning] a house and it hasn't been a good one," she said. "It's been a hassle."

The waitress and mother of two said she would have liked more information distributed by the banks taking over her loans and by state regulators overseeing the transition.

Paula Stone

Crystal Palms Realty LLC

Chrisotpher Shearer

OFHEO's Mission (more info: http://www.ofheo.gov/ )

OFHEO's mission is to promote housing and a strong national housing finance system by ensuring the safety and soundness of Fannie Mae (Federal National Mortgage Association) and Freddie Mac (Federal Home Loan Mortgage Corporation). OFHEO works to ensure the capital adequacy and financial safety and soundness of two housing government-sponsored enterprises (GSEs) -- Fannie Mae and Freddie Mac. Fannie Mae and Freddie Mac are the nation's largest housing finance institutions. They buy mortgages from commercial banks, thrift institutions, mortgage banks, and other primary lenders, and either hold these mortgages in their own portfolios or package them into mortgage-backed securities for resale to investors. These secondary mortgage market operations play a major role in creating a ready supply of mortgage funds for American homebuyers. Combined assets and off-balance sheet obligations of Fannie Mae and Freddie Mac were $4.2 trillion at year-end 2005.

Fannie Mae and Freddie Mac are Congressionally-chartered, publicly-owned corporations whose shares are listed on the New York Stock Exchange. Under terms of their GSE charters, they are exempt from state and local taxation and from registration requirements of the Securities and Exchange Commission. Each firm has a back-up credit line with the U.S. Treasury.

OFHEO's oversight responsibilities include:

Conducting broad based examinations of Fannie Mae and Freddie Mac; Developing a risk-based capital standard, using a "stress test" that simulates stressful interest rate and credit risk scenarios; Making quarterly findings of capital adequacy based on minimum capital standards and a risk-based standard; Prohibiting excessive executive compensation; Issuing regulations concerning capital and enforcement standards; and Taking necessary enforcement actions.

OFHEO is funded through assessments of Fannie Mae and Freddie Mac. OFHEO's operations represent no direct cost to the taxpayer. In its safety and soundness mission, OFHEO has regulatory authority similar to such other federal financial regulators as the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, the Office of Thrift Supervision and the Board of Governors of the Federal Reserve System.

The legislation that established OFHEO also requires Fannie Mae and Freddie Mac to meet certain affordable housing goals set annually by the Secretary of Housing and Urban Development. These goals specify the share of mortgages that the two GSEs are required to purchase annually from low-income, moderate-income and central-city homebuyers.