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Posts Tagged ‘Destin Foreclosures’

Okaloosa County defies Unified Command over Destin & East Pass plans

Tuesday, June 15th, 2010

(Fron the NW Florida Daily News)

Okaloosa County isn’t taking oil spill orders any more.

County commissioners voted unanimously to give their emergency management team the power to take whatever action it deems necessary to prevent oil from the Deepwater Horizon spill from entering Choctawhatchee Bay through the East Pass.  Commissioners gave the go-ahead to

  • spend $200,000 to pay for an underwater “air curtain” designed to push oil up where it can be collected and $16,500 a day to operate and maintain it.
  • deploy barges, weighted so that they’ll sit low in the water across the entrance to the pass.
  • look into a slip curtain, another underwater oil-catching device.

Read the entire article

Other info:

Booming has already been deployed inside the pass in a chevron formation. The Air Force spill team is working with local officials on this .

We will continue to monitor this situation and present relevant info as it pertain to this area.

Robin & Michael Fletcher specialize in real estate sales, short sales, traditional sales on Emerald Coast of Florida: Destin Florida real estate, Santa Rosa Beach, Fort Walton Beach, Niceville, Bluewater Bay, Navarre, Seagrove Beach, Watercolor, Sandestin, Seaside, Dune Allen, Blue Mountain Beach, Freeport, Rosemary Beach, Mary Esther, Shalimar, Eglin AFB, Hurlburt Field.   Robin & Michael Fletcher,  Real Estate Brokers and Realtors, have participated in over 450 transactions in the last 10 years . FletcherSales Realty lists and sells homes, condos, townhomes & land in Destin FL and the surrounding areas

Mortgage rates are back near record low – “Strike now”

Friday, May 28th, 2010

excerpt from the acticle by ALAN ZIBEL AP

Real Estate Writer WASHINGTON (AP) — Turmoil in the stock market and the European debt crisis are making life easier for American homebuyers and families looking to refinance: Mortgage rates are inching closer to a record low.

The window of opportunity may close soon. Home loan rates will rise if investors grow more confident and shift money out of the safety of government bonds, which influence mortgage rates. For now, though, rates are tantalizingly low. The average 30-year fixed-rate loan sank to 4.78 percent this week, the lowest this year and barely above the record of 4.71 percent set in December. And 15-year loans are at their lowest rates in two decades.

“Strike now,” suggested Greg McBride, senior financial analyst at Bankrate.com.

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