Panama City, FL

We just closed another short sale and saved another seller from a bad situation. Everything went just as we planned, contract to close in just over 60 days. The seller WAS NOT behind on his payment but had a hardship that qualified him for a short sale with his lender. The seller had a VA loan and his credit was critical due to a security clearance with the military.

The VA accepts 82% of the appraised value for their NET and DID NOT CUT THE COMMISSION.

Another successful short sale story.

To find out more information about short sales in Panama City, check out www.shortsalesinpanamacity.com

To be put on alert for new short sales and foreclosures.. www.knowpayneknowgain.com or email ThePayneGroup@kw.com and ask to be put on the foreclosure alert

Need to sell your home in the Panama City and Beaches area? The Payne Group has a proven plan to sell your home. Our staff is comprised of full time professionals who know what it takes to sell a home in a buyer's market. We can help you position your home in the market not just "on the market".

Want to know the value of your Panama City Home? Check out our website at www.panamacityhomevalues,com or visit our main site at www.knowpayneknowgain.com

Upside down need a way out? Behind on your payments and NEED TO SELL? We ARE the short sale experts in Panama City. For more information.. www.shortsalesinpanamacity.com

To view a copy of our home sellers guide

There is only one name you need to know for Panama City Real Estate.................................

Call one of our property specialists today at 850-392-1771 or email Jackie at ThePayneGroup@kw.com

Buyers want the most home that they can buy for the least amount of money. The lowest priced home in the best condition is what most are looking for. Prices have dropped, some are still dropping. WHEN WILL THE BOTTOM BE HERE? HOW WILL WE KNOW?

That question is easily answered... We don't know when the bottom will be here until PRICES START GOING UP. A market shift happens very quickly. Whether we are going from a sellers market to a buyers market or vice versa, the shift happens FAST. A neutral market is a very short lived market, most don't even know that a shift occured until months after it happens.

BUYERS............... DO NOT WAIT, TIMING THE MARKET COULD BE VERY COSTLY TO YOU. Even if prices went down again, we do not know what interest rates will be. A drop in price and a rise in rates will essentially not change your payment. The only problem is that if you wait, that low price, top condition home that you wanted may not be there after waiting.

Call the Payne Group today at 850-392-1770 for a personal consultation with one of our professionals.

The latest newsletter edition is available for download. "Real Estate the easy way" features snippets of my articles and local real estate information.

As always, the newsletter requires Adobe reader and some of the features in this edition include:

• Lease to own options
• Residential Asbestos Exposure
• Market Updates
• Website Updates
• Recipe Ideas

In addition, back issues of the newsletter will continue to be available for download.

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ASA has announced they are about to begin seasonal flights from Cincinnatito Panama City.

As spring break nears, we expect to see more carriers expand their flight schedules into the area to accomodate the college crowd and their families.

Read the full story.

In other news, Pier Park to open a Red Robin in spring.