Homebuilders, Realtors®, and Others in the News: October 5, 2011

SeaGate Homes, CBV Homes, Palm West, Flagler Home Builders Association, Appraisal Standards, Building Permits.

Palm Coast, FL – October 5, 2011 – Homebuilders, developers, Realtors®, and others tied to Palm Coast’s real estate market have been active recently. Here are a few making the news:
SeaGate Homes
Seagate Homes Sabal model - GoToby.comSeaGate Homes recently opened The Sabal model at a new Palm Coast Model Center located on the corner of Bayside Drive and Belle Terre Parkway. 
The 2,049-square-foot, four-bedroom, two-bath furnished model was professionally decorated in a British West Indies style and features an airy kitchen with bay windows in the large breakfast area.  It is priced at $144,990.  
The model showcases features, such as granite countertops, ceramic tile floors, upgraded appliances and a stone-front exterior with concrete pavers in the driveway that would cost extra in many other homes.
The model also has a large master closet, an oversized great room and a fourth bedroom that works well as a den, home office or guest quarters.
Flagler Home Builders
The Flagler Home Builders Association will be participating at the Creekside Festival at Princess Place this weekend. FHBA will feature its second annual Flagler Green Expo. Exhibitors include RHS Mechanical, Goodwin Heart Pine, Solar Fit, Budd Severino, Miracle Windows & Sunrooms, Flagler County, Floors Alive, Supreme Steamer, Wayne’s Solar, Waterside Pools, Hancock Bank, Advanta Clean, US Blinds, Aqua Pure Solutions, Turner Pest Control, ServPro of Flagler County, Monier Lifetile, Solar Energy Outlet, VerdeGo, AI Technologies, Digital Sound, Pool Captain Corp., Waste Management, The Solar Guys, A & H Windows Plus, A Classic Touch Painting, Best Water Systems.   
 Besides seeing some of the latest advances in green building products and services, you can watch your children enjoy the "Kids Zone."
Appraisers Embrace Green Features
The nation’s largest professional association of real estate appraisers has developed a form to help appraisers analyze values of energy-efficient home features. The Appraisal Institute issued the form as an optional addendum to Fannie Mae Form 1004, the appraisal industry’s most widely used form for mortgage-lending purposes. Used by Fannie Mae, Freddie Mac and the Federal Housing Administration (FHA), Form 1004 is completed by appraisers to uphold safe and sound lending. Currently, the contributory value of a home’s green features is rarely part of the equation. The Institute’s addendum allows appraisers to identify and describe a home’s green features, from solar panels to energy-saving appliances. Form 1004 devotes limited attention to energy-efficient features, so green data usually doesn’t appear in the appraisal report, or it is included in a lengthy narrative that often is ignored.
Palm West
Palm West Home Realty completed opening their new Real Living/Palm West office in the Hammock with an open house last Friday. The new office, located at 5048 North Oceanshore Blvd., is managed by Ken Caputo, Broker Associate.
Building Permits
Flagler County
  • Charles Rinek Construction for a 2,633 square foot home at 65 Flagler Drive in Marineland Acres. Total fees paid = $8,652.90
  • CBV Resort Homes for a 3,200 square foot home at 550 Cinnamon Beach Lane. Total fees paid = $8,920.37
City of Palm Coast
  • Olsen Custom Homes for a 2,449 square foot home at 7 Turkey Oak Lane in Wild Oaks (Grand Haven). Total fees paid = $7,894.86
  • Donald Anderson for a 1,810 square foot home at 44 Llynbrook Drive. Total fees paid = $7,859.99
  • Vanacore Construction for a 2,641 square foot home at 18 Edith Lane. Total fees paid = $7,893.55

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