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<body><table border="0" cellpadding="0" cellspacing="0" width="100%"><tr><td> <div align="left"> <table border="0" cellpadding="0" cellspacing="0" width="100%" height="197" style="border-collapse: collapse" bordercolor="#111111"> <tr> <td width="100%" align="center" height="37"> <p align="center"><b><font size="5" color="#800000">Real Estate: Panama City Beach, Panama City & Bay County<br> </font></b><img border="0" src="_borders/alanbannerlogo3.gif" align="center" width="574" height="34"></td> <td width="100%" align="center" height="37">  </td> </tr> <tr> <td width="100%" height="8"><img border="0" src="_borders/dancingpalmtree.gif" width="50" height="52" style="position: absolute; left: 0; top: 0"><img border="0" src="_borders/dancingpalmtree.gif" width="47" height="50" style="position: absolute; left: 50; top: 2"><p align="center"> <font size="5" face="Arial"><strong><u> Alan's direct cell: (850) 867-5031</u></strong></font><img border="0" src="_borders/animfish.gif" width="500" height="61" style="position: absolute; float: right; left: 238; top: -4"></td> <td width="86%" height="15" rowspan="2"> </td> </tr> <tr> <td width="100%" height="7" bgcolor="#FFFFFF"> <p align="center"> <font style="font-size: 28pt; font-weight: 700" color="#FF9900"> Condos, Homes, Investments, 2nd Homes, 1031 Exchanges, <br> Beach Property, Pre/New Construction, Land</font></td> </tr> <tr> <td width="100%" height="145"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse" bordercolor="#111111" width="100%"> <tr> <td width="50%"> <img border="2" src="_borders/bannershellislandWithNewLogo.jpg" align="left" width="600" height="186"></td> <td width="50%"> <table border="3" cellpadding="0" cellspacing="0" style="border-collapse: collapse" bordercolor="#FF0000" width="100%"> <tr> <td width="100%"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse" bordercolor="#111111" width="100%"> <tr> <td width="100%"> <p align="center"><font color="#800000"><b> <a style="text-decoration: none" dynamicanimation="fpAnimformatRolloverFP1" fprolloverstyle="text-decoration: underline" onmouseover="rollIn(this)" onmouseout="rollOut(this)" language="Javascript1.2" target="_blank" href="http://www.condo-owner.com/pcb.html"> <font color="#800000">SEE WHAT CONDO OWNER MAGAZINE PREDICTS FOR PCBch & BAY COUNTY</font></a></b></font></td> </tr> <tr> <td width="100%"><hr color="#000000" width="95%"></td> </tr> <tr> <td width="100%"> <p align="center"> <font color="#800000"><b> <a style="text-decoration: none" dynamicanimation="fpAnimformatRolloverFP1" fprolloverstyle="text-decoration: underline" onmouseover="rollIn(this)" onmouseout="rollOut(this)" language="Javascript1.2" target="_blank" href="http://www.pcbdaily.com/"> <font color="#800000">CHECK OUT WHAT'S HAPPENING DAILY IN THE GREAT GROWTH AND REAL ESTATE OPPORTUNITIES IN <br> PANAMA CITY BEACH</font></a></b></font></td> </tr> </table> </td> </tr> </table> </td> </tr> <tr> <td width="100%" colspan="2" bgcolor="#FFFFFF"> <p align="center"><font color="#0029A4" size="6"><b>HOMES, CONDOS, LAND</b></font></td> </tr> </table> </td> <td width="100%" height="145">  </td> </tr> </table> </div> </td></tr></table><table dir="ltr" border="0" cellpadding="0" cellspacing="0" width="100%"><tr><td valign="top" width="1%"> <p align="center"> <a href="index.html"><img border="0" src="_borders/Home1.jpg"></a><br> <a href="http://www.alanchristy.com/alanbio.htm"> <img border="0" src="_borders/aboutalan.jpg"></a><br> <a href="condos.htm" target="_self"> <img border="0" src="_borders/Condos1.jpg"></a><br> <a href="homes.htm" target="_self"> <img border="0" src="_borders/Homes.jpg"></a><br> <a href="land.htm" target="_self"> <img border="0" src="_borders/Land1.jpg"></a><br> <a href="rentals.htm" target="_self"> <img border="0" src="_borders/Rentals.jpg"></a><br> <a href="contact_us.htm" target="_parent"> <img border="0" src="_borders/ContactUs.jpg"></a><br> <a href="http://www.treasureislandresortcondo.com" target="_blank"> <img border="0" src="_borders/treasureblock.jpg"></a><br> <b><font color="#FFFF00" size="2"><a href="thesummit.htm"> <img border="0" src="_borders/summitblock.jpg"></a><br> <a href="TheSands.htm"> <img border="0" src="_borders/SandsBtn.jpg"></a><br> <a target="_blank" href="http://www.gulfcrestrealty.com/"> <img border="0" src="_borders/GulfCrest.JPG"></a><br> <a href="quicklist.htm"><img border="0" src="_borders/alanslistingsblock.jpg"></a> </font></b><br> <a href="growthappreciation.htm"><img border="0" src="_borders/PCBArticles4.JPG"></a><br> <a target="_blank" href="whyinvestinpcb.htm"> <img border="0" src="_borders/WhyInvest.JPG"></a><br> <a href="MortCalc.htm"> <img border="0" src="_borders/MortCalc.JPG"></a><br> <a target="_blank" href="1031Info.htm"> <img border="0" src="_borders/1031.JPG"></a><br> <a target="_blank" href="ReductionCapitalGain.htm"> <img border="0" src="_borders/CapitalGains.JPG"><br> </a><a target="_blank" href="http://www.panamacity.org/moving/"> <img border="0" src="_borders/helpwithmoveblock.jpg"></a> <a target="_blank" href="ReductionCapitalGain.htm"> <br> </a><a target="_blank" href="http://www.co.bay.fl.us"> <img border="0" src="_borders/baycountyblock.jpg"></a></p> </td><td valign="top" width="24"></td><td valign="top"> <p>This page uses frames, but your browser doesn't support them.</p> </td></tr></table><table border="0" cellpadding="0" cellspacing="0" width="100%"><tr><td> <p><i>[bottom.htm]</i></p> </td></tr></table></body>