Thursday, January 23, 2014

Unit #105 on the market for $117,500

Unit #105, a 4/3 2nd floor, formerly owned by David and Amy Turner, was auctioned off to the highest bidder on Nov 12th at 11 a.m.  The 'Final Judgement for Foreclosure' was issued on 9/23/13, for $178,561.21.  The mortgage holder simply bid the usual $100 with no competing bids and the unit went back to the mortgage holder and it is now on the market as of 1/20/14, under MLS#:  616356 at the List Price of $117,500 and it should sell for about half the original 10/5/2006 sale price of $184,900. 

1/23/14 Update:  Sale Cancelled by Court!

#104 sold at auction for $37,800


























Formerly belonging to Roberta Jones.  As is typical in such cases mortgage holder will bid against anyone by offering slightly more than what was bid so as to retain the unit and put it up for sale, usually such units go for about half the original purchase price.

The unit is a 4/3 ground floor and was sold originally to Ms. Jones on 12/12/06 for $184,900.  Taxes on such units are usually $930 with no homestead exemption and $506 with an exemption.

Auction Sold - 01/16/2014 11:25 AM CT
Amount - $37,800.00
Sold To - Plaintiff
Auction Type: FORECLOSURE
Case #: 13000418CA - Final Judgment Amount: $149,362.61
Parcel ID:  40000-100-004 - Property Address:  13700 PC BCH PKWY 104
PANAMA CITY BEACH, 32413
Assessed Value: $84,150.00
Plaintiff Max Bid: Hidden
Case Number: 13000418CA     Case ID: 2594628     End Date: 01/16/2014 12:25:00 PM
Proxy   Bidder ID Bidder Name Bid Info Bid Date/Time  
  6245 Idania Carpio $37,700.00 01/16/2014 11:07:06 AM  
  Auction  Bidder ID Bidder Name Bid Info Bid Date/Time  
  Opening Bid $0.00 01/16/2014 12:23:01 PM  
  Plaintiff winning bid $37,800.00  
  Auction Closed 01/16/2014 12:25:00:00 PM  

The final bid was made by Plaintiff :   GREEN TREE SERVICING LLC,
In the total amount of:   $37,800.00