Panama City Florida Area Index

Panama City Real Estate

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Panama City Real Estate | Office Location Panama City Real Estate
Keller Williams Success Realty
309 Richard Jackson Blvd., Suite 200
Panama City Beach, Florida 32407
Phone: (850) 774-6582
Fax: (850) 522-3967

For Panama City Home and Condo Sellers

Panama City Florida real estate information and services for property owners and sellers.

There are currently 1 blog entries related to this category.

Short Sale Suffering? No need...

Saturday, November 19th, 2011 at 11:11am. 537 Views, 1 Comments.


 

 

panama city real estate short salesThis 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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