Beach areas: south Walton county, Florida, MLS distressed property listings

REO (real estate owned) listings typically are listings of properties which have reverted to the lender following foreclosure or bankruptcy. Lenders typically wish to sell these properties and minimize lender losses. Certainly not all REO properties are listed in MLS. SHORT SALE listings typically are listings of properties which will not bring enough sale proceeds to cover mortgages and/or liens against the property. These properties typically are sales to avoid foreclosure while the lender attempts to minimize lender losses.

Last updated 03/09/2010

NOTE: Beach areas include Rosemary Beach through Miramar Beach and Destin (so part is in Okaloosa county).
In 2010 the 'combined residential' short sale list has more than doubled in size therefore the list is further split herein.