Latest Blogs
Jun 06, 10
What's happening in Apalachicola?? Art is what's happening!!
May 31, 10
Our first Loggerhead of the season!
May 17, 10
"Book a Room, Eat an Oyster"
May 07, 10
Art is Springing all over the Forgotten Coast!
May 03, 10
49 Palmetto is here!
Mar 22, 10
More Music in Apalachicola
Mar 12, 10
Music at the Dixie this weekend!!
Mar 02, 10
Visit St. Vincent Island Wildlife Refuge on March 13th
Feb 18, 10
Taste the Best!
Jan 25, 10
Another Sale for Apalachicola
Jan 16, 10
What's hot in Apalachicola these days?
Nov 16, 09
Join us for an old fashioned Holiday celebration!
Oct 23, 09
Airport News!
Sep 30, 09
Don't Forget to go shopping this Saturday!
Sep 23, 09
This Friday is National Estuaries Day!
Aug 20, 09
Come cool off at the Film Festival
May 16, 09
Plein Air Artists are Painting the Town!
May 04, 09
Look WHO's Here!
Nov 20, 08
Apalachicola Annual Holiday Celebration!
Nov 12, 08
Sunday's Groundbreaking
Nov 06, 08
Landscape Architecture Designs on view at the Museum!
Oct 09, 08
Upcoming Events!
Sep 09, 08
Real Estate Taxes!
Aug 01, 08
Summer Arts Program in Action!
Jul 09, 08
National Veterans Memorial to be Unveiled This Saturday
Jul 07, 08
Happy 4th Apalach Style!
Jun 29, 08
OK, this is a DEAL!
Jun 05, 08
More Arts in Apalachicola!
May 17, 08
Student Art Day-A Splendid Morning
Apr 30, 08
"The Great Paint-Out" 2008
Apr 17, 08
16th Annual Historic Home Tour
Apr 14, 08
Delicious Day for a Concert
Apr 06, 08
Art Walk at Hit
Mar 31, 08
April 5th--Apalachicola Art Walk
Mar 24, 08
Where The Economy Is Headed
Mar 20, 08
Who's Buying Property in Apalachicola these days?
Feb 12, 08
The National Trust Salutes Apalachicola
Jan 31, 08
Voters say "Yes on 1"
Jan 23, 08
Erin Rodriguez Construction LLC
Jan 02, 08
Ringing in the New Year!
Dec 12, 07
Short Sale Option
Nov 23, 07
Forgotten Coast Holidays
Nov 16, 07
Water Wars
Nov 08, 07
44th Annual Seafood Festival
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12/12/07 - Short Sale Option
Dear Friends,
Foreclosures are making there way to beautiful Franklin County, and it is important for you to be knowledgeable and well-equipped in these situations as either a potential buyer or seller.
It is also very important for all of us to understand the potential options available to owners in distress situations before one has to go to the extreme of a Foreclosure or Deficiency Judgment. One of these options is listing your property as a Short Sale.
In a Short Sale, the motivated seller has priced their property below the current mortgage balance to either avoid a possible foreclosure or to reduce their debt. Because of these conditions, all offers and terms are subject to bank approval. This can be a difficult transaction if you do not have a Realtor educated in the processes of these negotiations.
Here, at Prudential Resort Realty, we have spent the past several months in training and negotiations with banks that hold mortgages in our area, and it has been fruitful for some of our buyers and sellers. We are also making this information public for you through our new website: www.forgottencoastforeclosures.com. Please let me know if there is a property that you desire listed here so that I can work for you to acquire it. Also, always see the advice of a competent Realtor, because sometimes these properties listed as Pre-Foreclosures are NOT the best deals in our market.
(Photo: Pelicans in flight, autumn sunset. Credit: Ron Baker).
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