For Panama City Home and Condo Sellers 
Panama City Florida real estate information and services for property owners and sellers.
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Short Sale Suffering? No need...
Saturday, November 19th, 2011 at 11:11am. 537 Views, 1 Comments.
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This year the buzz across the real estate internet is and remains all about Short Sales, and what great deals they are for sellers who are under water on their mortgages. If you are not familiar with the process of how a Short Sale works, however, this Great Deal could become your Selling Nightmare.A short sale occurs when a seller owes more for a home than the current market will allow it to be sold at, and the seller is unable (for whatever reason) to continue to make the payments. The Seller is asking the bank to accept whatever He/She can sell the home for, and forgive the remainder of the debt so as not to adversely affect His/Her credit.
Because the 3RD Party Lein holder is…
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