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Archive for October, 2007

25.10.07 » Bay County International Airport Groundbreaking Ceremony

Panama City Beach News Release

Date Set for Bay County International Airport Groundbreaking Ceremony

Thursday, October 25, 2007

Early today the Airport Authority began emailing invitations to a “Ceremonial Groundbreaking” for the new airport, to be held on Thursday, November 1, at 9:30 a.m. on Hwy 388 in West Bay.

Popularity: 29% [?]

23.10.07 » Pier Park | Panama City Beach Florida

Capt. Mike Foate

Pier Park in Panama City Beach sure is coming along nicely! :-) Its is going to be a GREAT place for folks to shop, eat, drink and be merry! There are a host of stores coming and quite a few under construction. The theaters are done. Long Horn Steakhouse is done. Target, Starbucks, and Panera Bread are done! :-)

Would you like to see a cool video of the project? CLICK HERE for Pier Park Retail!

17.10.07 » Call to Action-Petition To Reduce Florida Property Taxes NOW!

Capt. Mike Foate

As most folks in Florida already know our property tax system has run amuck and the more gov’t tried to help us the worse things got! The good news is we now have a GOOD choice to try and get some relief. Recently the Cut Property Taxes Now, Inc. has come up with the only solution that I have seen that makes sense. The recent Super Homestead Exception was a joke in IMHO. :-) I know many of my peers including the Bay County Association of REALTORS(R) and the Florida Association of REALTORS(R) supported it. I did not. It just didnt make sense to me after I did the math. :-( I am glad it is DOA. ;-)

3.10.07 » New HUD Rule Bans Seller Funded Down Payments for FHA Loans

Capt. Mike Foate

Things just got more difficult for first time home buyers…although I have to admit I am not sorry to see this go by the wayside. It was confusing to buyers, sellers and REALTORS(R). The practical application of this program and this rule in particular has proven difficult.

FHA commissioner Brian Montgomery announced a change in HUD rules that will no longer allow borrowers who pay for their down payments with funds from the seller to obtain an FHA insured loan for that transaction.

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