Bank Owned Property in Grayton Cove 20 Sand Reef Way as Craig's Top Distressed Property Pick for April 20th 2010

Multiple Offers Received. Bank taking highest and best offer by April 26th 2010 at 9am!

The Florida Court system has a back log of 1 million foreclosures…yes that is 1,000,000!! The courts are starting to churn through the foreclosures and no longer grant extensions or delays to lenders and owners. Walton County is pumping through foreclosures at a rate of 20 per week and we are beginning to see some prime properties come onto the market as Bank Owned.

This week's top distressed property pick in Grayton Cove is an awesome property. Not only is 20 Sand Reef Way in Grayton Cove a brand new home, it is in the most highly sought after price point along scenic 30-A…the $2OOK to $300K price point. Available inventory for homes in this price range is diminishing. At time of this post there are only 41 homes available in this price point, many of which are not top quality properties. The choices are getting very slim for buyers at this price range.

Bank owned Property on 30-A

Absolutely stunning 3 story contemporary home in Santa Rosa Beach! Even the most picky buyer will approve of this beautiful home. From the gleaming hardwood floors to the chair rail with wainscotting, this home will impress you. Other 'upgrades' of this home include crown molding, granite countertops, exquisite showers and so much more. Once you see this home, you will want to make it yours!

20 Sand Reef Way in Grayton Cove
Currently offered at $249,000
Built in 2006
1,850sf
$135/sf
3 Beds
2.5 Baths
3 Stories

If you are interested in buying a distressed property on Scenic 30-A or if you are interested in Team Baranowski listing your home. Please give Tracy Baranowski a call at 850.259.4270 or Craig Baranowski at 850.259.1788 or email  us info@teambaranowski.com.

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