The Tice Team Real Estate

Short Sale Info Panama City Beach

What’s the biggest difference between short sales Panama City Beach Florida and  foreclosures Panama City Beach Florida.  Short Sale properties are still owned by the purchaser, not the bank.  It’s the new fancy term if you will to pre foreclosure.  This concept came basically as a last minute bail out strategy from the bank and really and truly it’s a way to pass on the potential loss to the borrower!!!  Yes it still does affect your credit if you are the person being short sold!  It’s not as bad as a foreclosure, but don’t be fooled if you are considering a short sale.  Call Harry Tice at 850-236-1222.  Licensed in the State of Florida

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