Destin Short Sales

A short sale could be your ticket to home ownership! And a Destin short sale is a great way to find a spectacular deal in a beautiful waterfront setting. Homes are a big investment so a short sale can present a great way for first-time home buyers and investors to enter the real estate market. Short sale properties run the gamut from modest condominiums to larger homes on the beach; there's is something for everyone!

Find your dream home in Destin or read more about buying a Destin short sale and learn how you could find a stellar deal.

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Buying a Destin Short Sale Property

A short sale occurs when a home buyer is unable to keep up with mortgage payments and can't continue to pay back money owed. Much like a foreclosure, the short sale differs from a traditional real estate transaction; you likely won't have the same access to the property that you normally would and they are normally sold "as is".

The short sale actually occurs before a home begins the foreclosure process. A short sale takes place when the net proceeds of the transaction will fall under the remainder owed on the home. The sale can only go through only if all lien holders agree to accept less than the full amount owed. Much like a foreclosure, short sale transactions can be complex and fraught with pitfalls. Avoid a bad experience, and be sure to enlist the help of a professional Destin real estate agent.

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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 August 19th, 2017 at 3:30pm CDT.