This category discusses Destin foreclosures and bankowned homes and condos in Destin, Florida

This real estate nightmare involves two sales of the SAME HOME on the SAME DAY, combined with some sloppy paperwork by the Title Company. Subsequently, the whole thing fell apart, just like a house of cards.  I'm not trying to scare anyone, but really felt that this story needed to be told. It's something that home buyers, sellers or other agents need to be aware of.

The First Deal

After looking at several Destin homes, enduring inspections, appraisals, and lender related delays, our buyers were excited about closing on their new home last Friday. Everything went smoothly as buyers and sellers both signed their respective paperwork, the lender authorized funding, and the title company began disbursement.

We picked up our check on the following…

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Silver Beach Towers Condos

There are many great choices for real estate in Destin and foreclosures are still very popular.  In 2010, most sales of condos were either Destin Foreclosures or a Short Sale.  Today, things have changed and distressed sales make up a much smaller portion of total activity. A foreclosure is a property owned by the bank and the negotiation process is fairly straight forward. 

Our spotlight this week focuses on a Silver Beach Condo, unit 1401.  This fantastic 4 bedroom condo has 2000 square foot, is sold unfurnished, and listed at $929,000. As you enter the condo, you will be immediately impressed with the high ceilings, creative lay-out, and crown moldings.  The living room floors hare hardwood and the kitchen has corian countertops. The inviting…

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