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To appraise real property means to estimate it's value. Appraising is considered to be an art, not a science, because although the appraisal process involves mathematical calculations, appraisers also use their own judgment when appraising real property.
Active real estate licensees are allowed to preform a Comparative Market Analysis (CMA)
A CMA is an informal estimate of market value preformed by a real estate licensee to assist a seller in arriving at an appropriate listing price, or if working with a buyer, an informal estimate of market value to assist the buyer in arriving at an appropriate offering price.
This information is courtesy of Rowlett Real Estate School www.rowlettrealestateschool.com
free to visit our class schedule and online real estate courses at http://www.rowlettrealestateschool.com/fl-schedule.htm
P.Stone, RRES
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The 3 day right to rescission (right to cancel a loan) DOES NOT apply to *acquisition loans to purchase or build a home.
*This is because an acquisition loan is typically only used for a short window of time, and only for specific purposes such as a home equity line of credit, second mortgage, or refinancing. Therefore, the three day right of rescission would not apply to a loan such as a 30 yr. mortgage to purchase a home.
This information is courtesy of Rowlett Real Estate School www.rowlettrealestateschool.com
free to visit our class schedule and online real estate courses at http://www.rowlettrealestateschool.com/fl-schedule.htm
P.Stone, RRES
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Rowlett Real Estate School is the leading Okaloosa County and Santa Rosa County Real Estate School providing live classroom real estate training to serve Pensacola and Destin Fl at the best prices. Our Pensacola Florida Real Estate School will be holding real estate classes at The Palms Resort in Destin Florida every other month. Get the Real Estate Training you need for your Florida Real Estate License requirements in Destin Florida. Rowlett Real Estate School is a full service FL Real Estate School servicing Point Washington in Walton County and will give you the real estate training you need to pass your state exam the first time. Check our classroom schedule for real estate classes in Destin FL. Rowlett Real Estate School is dedicated to serving Santa Rosa, Okaloosa and Walton County. Rowlett Real Estate School has the best live classroom real estate training at the most affordable prices in Pensacola. Captain Wayne Rowlett delivers the highest quality Real Estate training in Pensacola Florida. Check out our website at http://www.rowlettrealestateschool.com
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RED HOT DEAL 
I found this beauty this morning on Agent Tour. The Listing Agent gave me permission to try to find her the buyer. This is a steal ! Listed for just $799,000 with over 3,000 s.f. of space. Florida has more than just Gulf Front properties available. This beauty sits in the Point Washington area of Santa Rosa Beach, FL 32459 near Eden State Park. It is more like a family compound than anything else. It offers access to the bay by boat. Fishing, jet skis, lots of room for the family gatherings and pets. It is beautiful and offers so much for the money. This one is a GREAT DEAL. Believe me. This is coming from a Buyer's Agent who represents buyers daily and knows this market pretty well. You won't want to miss the opportunity to own so much. The beach is just a 10 minute drive away. Bay and Beach both. What could be better?
Look at this beautiful, RARE, custom built home by Hall Builders, on the canal in the gorgeous, historic, Point Washington area. Enjoy over a full acre of canal front property with a dock, 2 boatlifts and a finished boathouse with a tin roof! There is a fish cleaning station, sink, and gas stove to clean your catch! Sit out by the boathouse and listen to music or watch tv...it is wired for stereo and cable! Lifts currently fit a 22 ft boat. Travel down Tucker Creek to Tucker Bayou (just a five minute ride)and then onto the intercoastal...it is a short, 15 minute boatride! You have the best of both worlds as it is only a short 5 minute car ride to the beautiful beaches of Seagrove! This all brick, well kept, over 2200 sq ft home is so well built and loaded with all the extras. The kitchen has all oak cabinets with granite counter tops. All appliances stay including the fridge, washer and dryer. This home also has an irrigation system on a deep well, satelite tv, 2 keypad alarm system, fireplace with remote controlled gas logs, termite barrier system, and a heated and cooled sunroom with screened storm windows! 2 of the 3 bedrooms in the main house are both oversized master suites with trey ceilings, large bathrooms and walk in closets. The house is tiled in all areas except the bedrooms. You will be amazed at all the stroage. The laundry room is oversized with sink and cabinetry. There is surround sound in the living areas and on the porch. A 15 KW generator is set to run the whole house in case of power outage. This home has a 2 car garage as well! Then, don't miss the 750 sq foot, all brick cottage! It was built in 2007 and is beautifully finished out. It has hardwood floors, a lovely master suite with a big bathroom and closet, a warm living area with a big brick, gas firelpace, and a bright kitchen with granite countertops and stainless appliances. The cottage also has a cozy, screened in porch. Outside is it's own separate, oversized, 2 car garage with a 1/2 bath. Behind the garage, there is a repotting and gardening station with a built in sink. Also outside, is a brick fireplace and gathering area for those cool nights as well as an outdoor, hot and cold shower. You must see this beautiful, private, compound, just around the corner from Bay Elementary, South Walton Montessori, and the future new middle school! There is nothing else like it on the market!

Separate living quarters with 2 car garage on property. This houses 750 s.f. and makes for a great guest quarters.

Main Home -- All brick ranch

Yard view out to the boat house which has lights, bar, and entertainment area. Launch a boat or jet skis out to the bay. Cleaning station for your fish included too.

Interior of boat house bar on property. Great spot for entertaining friends

Outdoor fireplace

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page added to www.BuyAFloridaVacationHome.com
Point Washington
History of Point Washington
Point Washington began as Wesley Lumber Company's hub, one of many lumber companies that timbered the Gulf Coast forests in Florida from the late 19th century until the end of the first World War. Wesley Lumber Company consisted of a planing mill, a saw mill, and a dry kiln. Lumber was loaded on barges in Tucker Bayou by way of a dock. The wood was shipped to Pensacola, to the west, and from there to states in the north and west, as well as South America and Europe. The company owned 20 homes to house the workers and their families, and a commissary attended to the workers' needs. William Henry Wesley constructed his home close to the mill, and his family resided there from its completion during 1897 until the 1950s.
The threat of fire was constant in timber towns where everything was constructed from wood. The mill burned down three times, and was rebuilt twice. The only remnants of the Wesley Lumber Company's twelve acres today in Walton County are a few old foundations and the Wesley House itself.
Point Washinton declined and the population dispersed, but Wesley's family remained in their family home, which had already seen a great deal of family history � marriages, births, and deaths. The last Wesley died in 1953 and the house was sold with its land. The Wesley house was listed for sale again ten years later, and Lois Maxon bought it.
The Wesley house was one of the largest, if not the largest, homes in the entire area. The timber frame of the house was cut and sent down the Choctawhatchee River. The layout of the house became well-known throughout the Emerald Coast in the 1800s: two groups of two equal rooms on each of two stories, each bisected by a hallway down the middle. The house's construction fit well with Gulf-coast heat before the advent of air conditioners. The house built raised on piers which allowed air to circulate and afforded it protection from flooding when Choctawhatchee Bay or Tucker Bayou overflowed their boundaries. Porches encircled each level. Large windows on each floor permitted air to circulate throughout the house during the heat and humidity of Florida summers.
Lois Maxon re-developed the home to showcase her extensive collection of family antiques and heirlooms. Two chimneys and a partition were taken out on the first floor to create an enormous music room. A new fireplace with chimney was built onto the southern porch. New rooms were built on the back of the house by walling in the porches on each story. The bricked filling circling the house's foundation was probably added by Ms. Maxon as well; this addition makes the house look as though it contains a solid, full basement. Ms. Maxon invested in extensive landscaping about the grounds to show off the house with maximum benefit. Ms. Maxon donated the house and grounds, now named Eden, to the state to honor her deceased parents in 1968.
Moss-covered live oaks, older than Wesley Company, spread their arms over much of the lawns of Eden State Gardens. Azaleas and camellias lend colorful accent to the gardens from fall to late spring; the height of their bloom occurs through March.
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