Short Sales

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Short Sale and distressed properties account for a large portion of Destin and South Walton’s real estate market. In fact short sales and distressed properties accounted for almost half of the sales this past year. So many people, including you, are wondering how does a short sale actually work. There are a few main things that qualify someone to be able to sell short. First the owners must owe more than the property can sell for, second they have to be behind in payments and third they have to be able to claim and prove hardship. If this sounds like your situation than contact Destin Real Estate For Sale at 850-830-4747 or email at danny@teambaranowski.com to set up a consultation. Team Baranowski specializes in Distressed Properties and we can help keep you from foreclosing on your property. Being able to short sell your real estate or home will be much less devastating to your finances and credit. Now for those that want to buy a short sale the process is really not that difficult. The hardest part of the process is the “waiting game”. Once an offer is presented to the seller and the seller accepts the offer, it will now be submitted to the bank for approval. This can take between 2-6 months. If you are patient enough to wait on the process you can be rewarded by a very good deal.

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