126 Lakeside Cir, Panama City Beach, FL 32413

Foreclosure!!! This home is in a very popular area and only 3/4 mile to Pier Park. This property is eligible under the Freddie Mac First Look Initiative through 03/26/2011. During the first 15 days a home is listed for sale in the MLS, only offers from owner-occupants (primary residence), public entities or their designated partners will be considered. Offers from investors and second home purchasers may be submitted, but they will not be considered until after the initial 15 days of the listing. Comes with 2 year Home Protect warranty for owner occupants (primary residence only), which includes a discount of up to 30% for purchase of new appliances. IN ADDITION to normal Buyer closing costs, Buyer pays Doc Stamps on the Deed, closing fee of $250 and electronic recording fee of $4.50. If asking for closing cost assistance the maximum they will consider is 3% of the purchase price for owner occupants (primary residence only) with financing or 1% of the purchase price for owner-occupied (primary residence only) cash sales. Investor sales or 2nd homes are not eligible for buyer closing cost assistance. Closing cost assistance cannot go towards transfer taxes (doc stamps on the deed, doc stamps on the mortgage, intangible tax on the note), or any prepaid expense. Need prequalification letter from lender with type of financing & LTV, or, if all cash, proof of funds letter from bank. EMD must be in the form of a cashier check or money order. Freddie Mac does not complete mold or problem drywall remediation or provide any type of clearance or certification to the buyer.