Destin Foreclosures

A foreclosure can mean a great deal and can be especially attractive for both first-time home buyers and investors on the lookout for money-making opportunities. Destin foreclosures come in all forms, from large single-family homes to more modest condominiums and townhomes. Browse through the incredible deals awaiting you across the many Emerald Coast communities that line the shores of the Gulf of Mexico.

Find your dream home in Destin or learn more about the Destin foreclosure process and discover the new lifestyle of your dreams.

Search Destin Foreclosed Homes for Sale

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Buying a Destin Foreclosed Home

A Destin foreclosed home for sale can be a great way to become a homeowner, but the process differs from the traditional purchase process. Foreclosures occur when a property owner defaults on his mortgage payments and isn't able to pay back money borrowed from a lender to purchase a home. Banks can than seize the home in an effort to sell it and get their money back. These types of properties are often sold at auction by motivated buyers, so a great deal can be had by a savvy investor.

Just like any other real estate transaction, decisions shouldn't be taken lightly. Foreclosed homes are often sold "as is" and interested buyers likely won't have the same access before the sale goes through that they normally would. Buyers should also be aware of issues related to possible liens on the property. A foreclosure can offer a fantastic bargain, but go in with the expertise of a professional real estate and avoid unnecessary complications.

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DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2017, All rights reserved.

Listing information last updated on December 16th, 2017 at 5:00am CST.