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Jeff Payne, Panama City Real Estate

The Payne Group would like to welcome Mia Pankey to our team at Keller Williams Success Realty

We are proud to announce that Mia Pankey has joined The Payne Group at Keller Williams Success Realty. Mia will be working as a buyer specialist. Please join me in welcoming her.

If you are looking for a home in the Panama City and Beaches area, please give Mia a call at (850) 896-3033 or send her an email at miapankey@kw.com

Mia is a dynamo, working full time at her profession. Her clients can always reach her easily and can be assured of a quick, helpful response with the kind of know how that comes from years of successfully selling Real Estate. First year production...21 million, with multi-million dollar production levels in the subsequent years!! Mia will negotiate expertly in your best interest. After twelve years of being a local business owner, Mia has become very familiar with Bay County and its people. Her insight into our community has made her the local expert at putting together smooth sales... and lots of them!! You'd be hard pressed to find another Realtor with a more enthusiastic or positive attitude. Mia loves what she does... and it shows! "People trust me with their single largest asset. It is a responsibility I take very seriously. I know that my success rests on my client's success."

Mia and her husband, Mike, managed and owned Spudnut Donuts, in Panama City, Florida, for 12 years. The well known, community bakery, grew from one store to 4 stores, with a healthy wholesale distribution route, as well. During this time, Mia developed business and personal relationships with many local business owners, as well as, professionals from various trades. Her knowledge of the community is one of her strongest assets, as well as, her ability to successfully manage people and make decisions.
Once making the career move to Real Estate, Mia wasted no time in acquiring her Real Estate Broker's license and again jumped into a supervisory role, by managing and operating a small brokerage on the beach.

Happy Holidays from The Payne Group at Keller Williams Success Realty

Happy Holidays from the Payne Group at Keller Williams Success Realty . Wishing you and yours a safe and happy Holiday Season.

Thank you to those we had the honor of serving and to those that have helped our business grow and fullfilling our lives. Those relationships are very important and cherished. For that we would like to say a big THANK YOU!!

Let's ring in the New Year and look forward to 2009!!!!!!!!!!!!!!!!!!

Call us for all of your real estate needs in Panama City, Florida or visit our website at www.KnowPayneKnowGain.com

To be notified of the foreclosures and short sales as soon as (or before) they hit the market..... please email Melonie with your request.

HAPPY HOLIDAYS!!!

Home buyers, do you have wait and see syndrome? Top Ten reasons not to wait!

Here are the top ten reasons NOT to wait for the “4.5%” loan program. 1) This program may never happen. 2) What will be the terms if it does? 3) No idea how long it may be before we ever find out. 4) High demand on product if it becomes available. 5) Rush to use this product will drive home prices UP! 6) Higher price pressure reduces or eliminates Seller concessions. 7) You may lose first time buyer tax credit. 8) FHA down payment increases to 3.5% in 2009. 9) Loss of all ownership tax advantages between now and when you buy. 10) If the program does actually happen, you can always refinance! Has waiting on the government to fix anything ever been a good idea? Home prices are at great right now. Home buyers have the ability to ask for seller concessions and can really negotiate terms. A rush of home buyers will eliminate that and help push up prices! Do the math! If a home rises in price just 10%, the resulting payments at 4.5% are higher than if you just closed today at 5%. Not to mention the higher closing costs on a higher sales price, along with a higher down payment requirement! Don’t give up your ability to get the best deal possible! Buy that home today! If a new program does appear, you always have the ability to refinance. But what if it doesn’t? Can you risk waiting for the government? Go out and negotiate the best possible deal on a house TODAY! Great terms are available TODAY! Tax benefits and low down payments are available TODAY! Waiting for the government to fix anything has never been a great idea. But if the government should come up with a great program, you can always look to see if it makes sense for you then!

I think I will wait to buy until after the first of the year, I know the prices are going to drop again!

This sound familiar to anyone? For all of the buyers out there, please read below. YOU COULD BE LOSING MONEY BY WAITING. Now is the time to buy, especially if you are looking for a home for your family. Waiting could cost you the home that you want and cost you more money to buy another home.

I will use averages for my business.....

Financed amount or avg sales price $200,000
Interest Rate 5.5%
Principal and interest $1135.57

Let's assume a 5% drop over the next few months in the value of this home BUT the interest rates make their way back up to 6%
Financed amount $190,000
Interest Rate 6%
Principal and interest $1139.14

Although this is a hypothetical situation, it could happen to you Mr and Mrs buyer.

What did you gain by waiting? NOTHING, it actually cost you in more ways than one. That great priced home will most likely be sold because you waited and now your payment is higher even though you are borrowing less.

To start your home search in Panama City Florida, go to www.knowpayneknowgain.com

Dining out in Panama City, Florida, Cato's Seafood Market

Looking for a great place for the freshest of seafood and cheap, cold beer? My wife and I have been regulars at Cato's Seafood Market on 231, 4 miles north of the Panama City Mall for 2.5 years now. Owned by friends Jimmy and Joey, Cato's is a place where you are treated like family.

The menu consists of fresh seafood, raw or steamed to your liking. The jumbo Gulf shrimp steamed in a spicy mix is my favorite but the Steamed Grouper is hard to beat. Of course, if you want the best raw oysters picked right out of the Appalacicola Bay, look no further, pull up a bar stool and enjoy. Their smoked tuna dip is another delight, a must have.

Jimmy says pull up a seat and have a good cold draft beer for only $1.50!!! Of course they have soft drinks, iced tea and wines for those that don't drink beer.

You owe it to yourself to visit Cato's!! Tell them Jeff sent you!

Thanks for checking out my favorite restaurant... If you need real estate services in Panama City Florida, check out www.knowpayneknowgain.com