Great news!! We have opened a new office in Panama City. This will increase our exposure and markets. Panama Real-estate group is handling our marketing and sales. They are a billion dollar company and have a strong worldwide marketing strategy, with a net work of over 55,000 brokers.

Meeting Point

Hello from Barcelona!! What a beautiful city. The Show is going very well and we have sold an additional six lots. There is an an extreme amount of interest in our project. We have contacted investors from around the world and I could not be happier.

The first few days were kind of slow but the last two days we have seen an increase in traffic. There are many projects here that are pre-selling for the future we are selling for the present which makes are project one of the most attractive at the fair. I have always said that we need a sellable project.

The days are very long. the fair opens at nine and breaks for lunch at 2 till 4. It closes at 8 and dinner starts usually at nine are ten. We have been having meetings after dinner until about 3 in the morning and it starts all over again. Needless to say I am very tired.

I will keep you updated on our progress.

Larry

Exciting news

We have some great news to report! The project is going so well that we will be offering financing for the purchase of new lots. We will except 30% down at an amortization of 15 years with a balloon payment after 7 years. We believe that this will allow customers to build and get long term financing for there improvements without undo time restraints. This is a great program!

The Global Bank is offering a mortgage for 50% of appraised value with no life insurance as a prerequisite and they have insured us of four day approval process and a quick turn around of all fillings. Things are looking good in Panama.

I will be traveling to Barcelona on the first of November to attend a real-estate show, The meeting point, where we will be showing the project. Panama is the showcase country this year with our own special exhibit room. There will be hotels and investors from all over the world at this show.

We are building three new house at the project. Clayton Gooden's house is 75% complete and is looking good. Clarissa Whitehead's casa is 45% complete and Loic Thomas casa is 30% complete.
Good for them.

We are getting a new road form the Pan-American highway to the beach and it should be completed sometime in January.

I spent last weekend at my home on the beach. It was incredible! Calm peaceful and quite. It is a great place for me to get away. I just love it.


Larry

Welcome

Welcome to our new web page. I will be updating this blog regularly.

Larry Traw