How to Buy a Destin Short Sale or Foreclosure
Posted by Tim Shepard - Broker on
The Real Estate Environment in Destin may have changed in the past few years but a few things are the same. In particular, buyer’s are still looking for the “hot” deals. In 2003 and 2004 pre-construction condos were the rage.
In those days, the phones literally rang off the hook for people looking for pre-construction properties. Many buyer’s didn’t care about the condo layout, project amenities, location, costs of ownership or anything else. They just wanted to know where to sign the contract and where to send the deposit.
Today, the phones are ringing off the hook for buyer’s looking for lists of foreclosures and short sales in Destin and the surrounding area. In both cases, the bank or mortgage holder is involved in the selling process. …
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