Buyer beware of serious undisclosed issues at 4113 Holiday Dr, Panama City Beach, FL
This is a notice to all to heed the undisclosed issues with 4113 Holiday Dr, in Panama City Beach FL. The property has serious issues that its seller is refusing to disclose explicitly.
Summary:
- No deeded parking, undisclosed. The seller notes in disclosures that there is “extra” public parking. This is not true, as the parking is not exclusive to the property.
- No access to sewer lift station. The sewer lift station is on another owner’s land, who wants exorbitant amounts to continue the use of the lift station.
- Pending lawsuit from the owner of the abutting property due to parking violations.
- Allegedly fraudulently obtained mortgage by deceiving the lender about the state of the parking.
- Allegedly fraudulently obtained insurance, by substituted inspection report.
You can read more about this in the document I wrote up, Property debrief: 4113 Holiday Dr, Panama City Beach, FL