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 829732
$490,000
Miramar Beach, FL
2
beds
2
baths
Listing courtesy of Scenic Sotheby's Intl Realty
Featured picture for the property 829722
$459,000
Santa Rosa Beach, FL
3
beds
3
baths
Listing courtesy of Keller Williams Realty Nville
Featured picture for the property 829466
$499,900
Panama City Beach, FL
4
beds
4
baths
Listing courtesy of Keller Williams Realty SRB
Featured picture for the property 829720
$938,500
Santa Rosa Beach, FL
3
beds
4
baths
Listing courtesy of Davis Properties Of Nw Fl
Featured picture for the property 829719
$325,000
Fort Walton Beach, FL
3
beds
2
baths
Listing courtesy of LG Global Real Estate LLC
Emerald Coast listings last updated Aug 20, 2019 12:47:pm.

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

$1,073,670

0.01%

$365

0.01%

1701

0.01%

July

June

 

1685

1761

 

 

-0.04%

0.02%

Chart Temporarily Unavailable
Chart Temporarily Unavailable

* All data pertains to single-family homes