Toby Tobin's (gotoby) Blog

Private Mortgage Insurance (PMI) has long been touted as a benefit that allows borrowers to purchase property with less than a 20% down. But who is the real beneficiary of PMI? We are all told that PMI is insurance that pays the lender if we default on our mortgage. While true, this does not tell...

October 4, 2007 - Palm Coast, Florida - Over the past few months, things in Bobby Ginn's world seem to have been disassembling. Bobby now faces a total of seven law suits; two related to his real estate empire and five to his personal foray into and embarrassing exit from NASCAR racing. Some prop...

Sawmill Creek, approved as a planned residential community of over 1000 acres, is in the final planning and permitting stages. Sawmill Creek is located in the northwestern section of Palm Coast Park, west of US 1 south of I95 and north of Matanzas Woods Pkwy. The Planned Unit Development (PUD) ag...

Palm Coast Park is a 4,700 acre multi-use development stretching along a 6 mile segment of US Rt 1 in the City of Palm Coast, with development tracts available for commercial, including big box retail; light industrial; business park and various types of residential, including single-family and m...

September 6, 2007, Palm Coast City Council unanimously approved an agreement to accept Centex's contingent donation of the Palm Harbor golf course. As disclosed in earlier articles, Centex desires to amend the existing Development Orders (DO) for the Harborside Inn and Marina to enhance the prope...

LandMar CEO, Ed Burr, was unsuccessful in a recent attempt to negotiate his purchase of Crescent Resources' controlling interest in the company he founded in 1987, so he has decided to leave. Burr will be replaced by Dan Kohlhepp, president of Crescent Resources' commercial division. Details of B...

In April, I heard that Bobby Ginn purchased the Bulow Shores development from Centex Destination Properties (CDP). I contacted a Ginn spokesperson to confirm the story. He said he would check it out and get back to me. He never did, so I posted it as a rumor. Well, now it's news. Locator MapAccor...

August 27, 2007 - Palm Coast, Florida -Flagler County's the residential real estate market flounders but the commercial side shows strength. A few projects, such as the CVS on SR100 at John Anderson, have been put on hold. Epic's much anticipated multiplex movie theater/retail complex is apparent...

August 16, 2007 - Palm Coast, Florida - Ginn Resorts projects within Flagler County include Hammock Beach, The Conservatory, Yacht Harbor Village, The Gardens, and Bulow Shores. The Celebration, Florida based resort and real estate developer announced yesterday that it acquired the real estate ho...

Sea Colony is a unique gated oceanside community located in the Hammock area of Flagler County, just north of the upscale Hammock Dunes, Ocean Hammock, Hammock Beach developments. Unlike its luxury neighbors to the south, Sea Colony is a quiet, laid back community of smaller homes, most less than...