6903 N Lagoon Dr, Panama City, FL 32408

Waterfront, ground floor unit with low, low association fees. Enjoy the benefits of waterfront living, on Grand Lagoon, which leads directly to the Gulf of Mexico. This charming 2 bedroom, 2 bath unit is a perfect retreat for those who love the water and all the benefits and freedom of condo ownership. This is a Fannie Mae Homepath property that can be purchased for as little as 3% down. This property is approved for Homepath Mortgage and Renovation Homepath Mortgage Financing. IN ADDITION to normal Buyer closing costs, Buyer pays Doc Stamps on the Deed, Title Insurance, settlement fee $800, lien search $200. Once offer is accepted there will be additional forms from the Seller to be signed by the Buyer. Buyer understands property has a short term (3 month) deed restriction prohibiting the property from being sold/encumbered for more than 120% of total purchase price. Buyer acknowledges that seller will re-key the exterior doors to the property prior to closing and funding at the buyer's expense to be paid at closing. Regardless of local custom, the buyer understands and agrees that the seller will pay for the owner's title policy and lender's title policy (if any) and that the buyer will pay all other closing/transfer costs including survey, escrow, all closing fees, and all realty transfer taxes. During the first 15 days a property is listed in the MLS, Fannie Mae considers only offers from owner occupants, public entities or designated partners of a public entity. Use owner occupant certification in documents section.