Panama City FL Short Sales Condos and Homes

This page features all short sales of condos and homes in Panama City Beach FL and surrounding areas. A short sale occurs when the owner's selling price is less than what is owed on the mortgage of the condo. After bank pre-approvals and closing of the property, the money from the short sale will pay off the mortgage from the original lender and the remaining debt will be the financial responsibility of the owner. Not to be mistaken with a foreclosure, a short sale is not as damaging to a owner's credit rating and is viewed as the better option by banks. Usually, a short sale is negotiated first to prevent the property going into foreclosure. Below, we have posted all short sales available in the Panama City Beach area, this page continuously updates every few hours, check back often as Panama City short sales usually do not last long on the market. An increase of listings for distressed properties in the Panama City Beach area should be expected following the recent events from Hurricane Michael. Visit our Panama City Condos for Sale or Panama City Homes for Sale pages to view all current listings for beachfront, bay front, water access, and other properties. 

For help with short sales or foreclosures, please email us at info@condoinvestment.com.  We can also set up automatic searches that will immediately notify you (via email) of any short sales or foreclosures that become available.

Panama City FL Short Sales Condos

All Listings $300,000 - $400,000
1 Properties Found. Showing Page 1 of 1
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The data relating to real estate for sale on this website comes from the Baldwin County Association Of REALTORS®. 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. Information deemed reliable but not guaranteed.

Listing information last updated on March 19th, 2024 at 2:15am CDT.

DISCLAIMER: IDX information is provided exclusively 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. Information Source: Bay County Association Of REALTORS® Multiple Listing Service