MLS#: 393027m RES – CND A 9850 THOMAS DR S, #1202 E, PANAMA CITY BEACH ListPrice: $119,900
Area: BB-Bay County-Beach SUNBIRD CONDO ApxSqft: 610
Beds: 1 Baths:Full:1Half:0 YrBlt: 1986
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MLS#: 391127m RES – CND A 15615 FRONT BEACH RD, #204, PANAMA CITY BEACH ListPrice: $129,900
Area: BB-Bay County-Beach AMBASSADOR BEACH CONDO ApxSqft: 475
Beds: 0 Baths:Full:1Half:0 YrBlt: 1970
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MLS#: 391128m RES – CND A 15615 FRONT BEACH RD, #305, PANAMA CITY BEACH ListPrice: $129,900
Area: BB-Bay County-Beach AMBASSADOR BEACH CONDO ApxSqft: 475
Beds: 0 Baths:Full:1Half:0 YrBlt: 1970
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MLS#: 392583m RES – CND A 6213 THOMAS DR, #104, PANAMA CITY BEACH ListPrice: $163,300
Area: BB-Bay County-Beach MARINER WEST CONDO ApxSqft: 872
Beds: 1 Baths:Full:2Half:0 YrBlt: 1979
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MLS#: 386728m RES – CND A 8743 THOMAS DR, #1024, PANAMA CITY BEACH ListPrice: $164,900
Area: BB-Bay County-Beach THE SUMMIT ApxSqft: 912
Beds: 1 Baths:Full:1Half:1 YrBlt: 1984
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MLS#: 393254m RES – CND A 9850 THOMAS DR, #E1006, PANAMA CITY BEACH ListPrice: $164,900
Area: BB-Bay County-Beach SUNBIRD CONDO ApxSqft: 750
Beds: 1 Baths:Full:1Half:0 YrBlt: 1985
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MLS#: 393342m RES – CND A 5801 THOMAS DR, #322, PANAMA CITY BEACH ListPrice: $168,900
Area: BB-Bay County-Beach REGENCY TOWERS ApxSqft: 916
Beds: 1 Baths:Full:2Half:0 YrBlt: 1975
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MLS#: 389681m RES – CND A 7205 THOMAS DR, #C-101, PANAMA CITY BEACH ListPrice: $179,900
Area: BB-Bay County-Beach DUNES OF PANAMA PH 3 ApxSqft: 1,200
Beds: 2 Baths:Full:2Half:0 YrBlt: 1981
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MLS#: 388536m RES – CND A 17739 FRONT BEACH RD, #1405W, PANAMA CITY BEACH ListPrice: $209,900
Area: BB-Bay County-Beach SPLASH ApxSqft: 891
Beds: 1 Baths:Full:2Half:0 YrBlt: 2006
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MLS#: 390970m RES – CND A 10811 FRONT BEACH RD, #2207, PANAMA CITY BEACH ListPrice: $209,900
Area: BB-Bay County-Beach MAJESTIC BEACH TOWERS PHASE II ApxSqft: 979
Beds: 2 Baths:Full:2Half:0 YrBlt: 2006
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MLS#: 386089m RES – CND A 10811 FRONT BEACH RD, #2107, PANAMA CITY BEACH ListPrice: $209,900
Area: BB-Bay County-Beach MAJESTIC BEACH TOWERS PHASE II ApxSqft: 979
Beds: 2 Baths:Full:2Half:0 YrBlt: 2005
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MLS#: 392604m RES – CND A 9450 THOMAS DR, #1003, PANAMA CITY BEACH ListPrice: $266,900
Area: BB-Bay County-Beach BOARDWALK BEACH RESORT ApxSqft: 1,152
Beds: 2 Baths:Full:2Half:0 YrBlt: 2005
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MLS#: 385601m RES – CND A 14825 FRONT BEACH RD, #2407, PANAMA CITY BEACH ListPrice: $269,900
Area: BB-Bay County-Beach SUNRISE BEACH ApxSqft: 860
Beds: 1 Baths:Full:2Half:0 YrBlt: 2005
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MLS#: 386316m RES – CND A 17757 FRONT BEACH RD, #1701, PANAMA CITY BEACH ListPrice: $344,900
Area: BB-Bay County-Beach CELADON BEACH ApxSqft: 1,400
Beds: 3 Baths:Full:3Half:0 YrBlt: 2004
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MLS#: 391580m RES – CND A 10901 FRONT BEACH RD, #1901, PANAMA CITY BEACH ListPrice: $389,900
Area: BB-Bay County-Beach MAJESTIC BEACH TOWERS PHASE I ApxSqft: 1,610
Beds: 4 Baths:Full:3Half:0 YrBlt: 2005
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{ 3 comments… read them below or add one }
** Talk to me old toothless monster!! **
After trying to buy either a foreclosure or short sale in PCB for 6 month’s now I have come to the conclusion most of it is purely for show and the real buyers and sellers are investors and banks taking items back. It has not been a good experience either with the real estate agent or the banks, even though we have pre-approved financing. Items hitting the foreclosure list the same day are pre-bought, short-sales are falsely advertised as such and never materialize and real estate agents are falsely advertising short sales that in fact have not been approved by the bank as such. Very dishonest.
Thank you for your comment Holly. I understand how buyers like yourself, could become frustrated in today’s real estate market. I too have become frustrated with the short sale process. I have a buyer that made a full price cash offer on a short sale condo in Majestic Towers. We have been waiting 3 months for the lender to respond to our offer. A big piece of the short sale puzzle is the listing agent. If they know what they are doing, they will have contacted the lender prior to listing it on the MLS to request a short sale package. At a minimum, the lender will required the seller to provide bank statements, financial statement, check stubs, and a hardship letter. If the seller hasn’t start collecting this information prior to getting an offer it will delays the process tremendously. You might want to start looking for short sales that are contingent and put a backup offer in. Many buyers are getting frustrated with the wait time and end up withdrawing their offer.
Check this site tomorrow, I am going to post a new blog regarding how lenders list foreclosures in Panama City Beach and how investors find out about them prior to go on the MLS.