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Monday, February 09, 2009

Happy Valentines Day from Mexico Beach!

Well, we are back to a little warmer weather! Low 70's today!

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I sent out my monthly newsletter last week. If you didn't get it, send me a quick email and I'll forward it to you!

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I am just really encouraged about the amount of activity going on here. Lots and lots of people looking and actually quite a few of them are making offers!!! Several properties under

Prices are obviously becoming reasonable!!

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I'm not a fan of the stimulus bill, but one aspect of it will have a positive effect on real estate.
They are proposing a $15,000 tax credit for purchasers of primary homes. This is not for investors. It must be a primary home (which just means you have to spend an equivalent of 6 months in the house).

There is no income limitations for this tax credit, it is available to ALL primary home buyers.

What is a little sketchy yet is whether it is going to be a tax credit, given to you when you file your income tax or if they are going to allow you to claim that when you close on the house.

I'll keep an eye on it and let you know what develops. It does add just one more motivating factor to buy now.
#1. prices are down.
#2. interest rates are down
#3. $15,000 tax credit

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Does anyone out there use skype??? I'm contemplating putting a skype button on my website. If you have any thoughts PLEASE email me!!!

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The Mexico Beach Gumbo cook-off is this Saturday. Sundance Realty is going to have a booth so please stop by and taste our gumbo!!!!

Speaking of this event...... I have added a calendar to my website with events in the area. I am limited to how much information I can put on the calendar. If you have any questions, please dont hesitate to call/email me and I'll provide you with all the details!

If you have any events you'd like me to add, I'd love to, just give me the information!!!

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Toucan's Restaurant is going to be auctioned off March 15th. That is, if the auction company does not sell it before then. The owner of Toucan's is spending the rest of his life in prison...tax evasion, drug and firearm charges.

If you know of anyone who may be interested in bidding, please have them contact me and I can provide them with all the information.

There are some properties adjacent to Toucan's that are also going to be available for bidding.

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I don't know about you but............I feel most people think they are going to be able to get a steal and a deal if a property is put up for auction.
This is not always the case! Sellers always have the final say as to what they are going to accept. Several auctions have been canceled in the area because the bidding was way too low.

I don't think auctions are the way to go in a down market. My thoughts are it's like going to a flea market, you don't want to pay retail you want it for a bargain basement price! Please feel free to comment and let me know what you think.

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Please don't hesitate to call me anytime if you are already on my email list and have revised your criteria!

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Pass my name around to all your friends and family!

Have a great week and ......................

"Don't compare your life to others'. You have no idea what their journey is all about!!!"

God bless,
Mary

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