2607 Michigan Ave, Panama City, FL 32405

Foreclosure!!! This home is on a large corner lot a block from the Bay. It needs some updating but a GREAT BUY at this price. Interior features 3 bedrooms two baths. This home has original hard wood floors. This property is eligible under the Freddie Mac First Look Initiative through 03/16/2013. During the first 15 days a home is listed for sale in the MLS, only offers from owner-occupants. Offers from investors may be submitted, but they will not be considered until after the initial 15 days of the listing. Seller will offer an allowance up to $500 to owner-occupant buyers towards buyer's purchase of a home warranty of their choice. IN ADDITION to normal Buyer closing costs, Buyer pays Doc Stamps on the Deed, closing fee of $250 and electronic recording fee of $27. If asking for closing cost assistance the maximum they will consider is 3% of the purchase price for owner occupants with financing or 1% of the purchase price for owner-occupied cash sales. Investor sales 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). 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.