Hammock Bay Bank Owned

Details?

I tried to cut and paste the email, but couldn't. PM me an email address and I'll forward what I got.

Done. I'm curious now. A quick google turned up a REO listing for a bulk group of about 90 lots to be sold as that group.

You should have it. I dug up a local realtor site in Destin that has local properties, but nothing on Hammock Bay.

Got it. Thanks.

A quick review of the Walton County Property Appraisers site shows that a large number (didn't check all) of Hammock Bay lots that were owned by Turner, a large Tallahassee based builder, were foreclosed by Whitney Bank.


The same thing happened to John Willis Homes at Santa Rosa Golf Villas and a small Sandestin development, can't remember the bank that wound up with them.

Both of these are cases of Builder/Developer tracts of spec lots that went back to the bank... no big surprises there.

If you want to scare the beejesus out of yourself go to the property appraisers site and search by "owners name"; enter the banking institution of your choice and be ready to be blown away!

and after you are blown away by that go check to see how much each of those banks has received in TARP funds...

by the way this thread title should probably be changed.

So it's not Hammock Bay, just a bunch of lots within Hammock Bay. The ad sent to me does not differentiate and makes it look like the whole place is on the block. Kinda sneaky of a realtor to make it look enticing to a developer who would want their name attached to something that big.

by the way this thread title should probably be changed.

Tried, it can't be done any longer.

Anyone know more about Turner? How did he and his company get involved in our area from Tallahassee? Any interesting connections? That is a huge foreclosure. Who else got caught?

Turner

Anyone know more about Turner? How did he and his company get involved in our area from Tallahassee? Any interesting connections? That is a huge foreclosure. Who else got caught?

Turner Heritage has built developments from FWB - Crestview - Destin and Freeport and of course Tallahassee. They have been in business for years - 40-50 I believe - but like many other developers got caught in the bubble. They build quality homes in my opinion. Turner has also had a couple of lots foreclosed on in Destin as well recently.

Anyone know more about Turner? How did he and his company get involved in our area from Tallahassee? Any interesting connections? That is a huge foreclosure. Who else got caught?

They did a lot of homes in Windswept Dunes a few years ago. Sold most of them I think, but there are a few that a vacant. Not sure if bank owned or not.

Turner Heritage has built developments from FWB - Crestview - Destin and Freeport and of course Tallahassee. They have been in business for years - 40-50 I believe - but like many other developers got caught in the bubble. They build quality homes in my opinion. Turner has also had a couple of lots foreclosed on in Destin as well recently.

You are popping the conspiracy bubble that is being sought. Shame on you.

I don't think there is a conspiracy here, but based on these reviews I wouldn't purchase from them. There's a brief blip of about 5 days where people gushed over the quality homes. A little suspect IMO.

Turner Heritage Homes User Reviews - Tallahassee, FL 32301 - Citysearch

Seems like there are quite a few complaints:

Turner Heritage homes - Do Not Buy a Turner Heritage Home!!!!!
BBB of Northeast Florida: BBB Reliability Report - lowest rating the BBB gives
https://www.myfloridalicense.com/viewcomplaint.asp?SID=&licid=739109
https://www.myfloridalicense.com/viewcomplaint.asp?SID=&licid=740191

I've seen Turner's homes and you get a quick feel for the type of quality, within five seconds from pulling up to the curb.

I've seen Turner's homes and you get a quick feel for the type of quality, within five seconds from pulling up to the curb.

You mean when the rubber tire chips it?

The curbing isn't a problem -- It is good 'ole concrete.