Short Sale & Foreclosure Properties

What is a short sale?  A short sale is a sale of real estate in which the net proceeds from selling the property will fall short of the debts secured by liens against the property. In this case, if all lien holders agree to accept less than the amount owed on the debt, a sale of the property can be accomplished.  If the seller is not destitute then s(he) may have to come to the table with some money. Foreclosure is what happens when a homeowner fails to pay the mortgage. More specifically, it's a legal process by which the owner forfeits all rights to the property. If the owner can't pay off the outstanding debt, or sell the property via short sale, the property then goes to a foreclosure auction.

Looking for distressed properties for sale between Destin and Santa Rosa Beach/30A?  Click here

If you are a seller and you are in this situation, contact me for a confidential consultation to discuss your options.

Search Short Sale & Foreclosure Properties Homes for Sale

New Listings

Featured picture for the property 833325
$549,000
Panama City Beach, FL
3
beds
2
baths
Listing courtesy of Keller Williams Realty SRB
Featured picture for the property 833324
$379,500
Panama City Beach, FL
3
beds
2
baths
Listing courtesy of Scott Ingraham Real Estate Group
Featured picture for the property 833322
$239,000
Panama City Beach, FL
2
beds
2
baths
Listing courtesy of Scott Ingraham Real Estate Group
Featured picture for the property 833315
$1,825,000
Santa Rosa Beach, FL
1
beds
1
baths
Listing courtesy of 30a Local Properties
Featured picture for the property 833306
$449,000
Miramar Beach, FL
3
beds
3
baths
Listing courtesy of Southern Beach Real Estate
Emerald Coast listings last updated Oct 15, 2019 2:53:am.

Today's Market Trends for Short Sale & Foreclosure Properties *

$1,060,410

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$362

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1668

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September

August

 

1662

1701

 

 

-0.02%

0.01%

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* All data pertains to single-family homes