It's Wendy Real Estate Blog
Emerald Coast of Florida real estate and personal insights.
ARCHIVED BLOG POSTS
2010
This home in Tom King Estates, Navarre Florida, has been approved for short sale.The senior lien, Wells Fargo, had a balance of $230,000The junior lien, HSBC, had a $65,000 balance.The sale price was about $185,000, so there were not enough funds to fully pay the senior lien. In these short sa...
12/27/2010
Thank YOU to my recent, wonderful short sale sellers in Destin, Fort Walton Beach and Santa Rosa Beach Florida! We always send out customer satisfaction surveys, and I was just blown away by their terrific comments: "Positives of working with Wendy-- Constant two-way communications, simple ...
12/18/2010
Beautiful Grove by the Sea short sale home for permanent residence or getaway! Located just off 30-A in Santa Rosa Beach Florida, this lovely house is located near Seaside, Rosemary Beach and the Gulf of Mexico Beaches. Set back from the road for privacy, with wrap-around screened porch. Inside...
12/17/2010
Wells Fargo just approved this home in The Woodlands, Bluewater Bay, Niceville Florida, for a VA Compromise Sale. A VA Compromise Sale is similar to a short sale. The process is not always "smooth", and this one had a few issues, too. The Problem:VA appraised the home for more than the contra...
12/16/2010
This townhome on Majestic Boulevard, Hidden Bay, Navarre FL was just approved as a short sale!Details:Senior Lien: Bank of AmericaBalance: $190,000Junior Lien: Bank of AmericaBalance: $30,000Sale Price: $105,000 apprTime for approval: 39 days!This short sale was processed through the Bank of...
12/14/2010
This lovely home in the Steeplechase subdivision, Crestview, Florida, has just been approved for short sale. Bank of America took 90 days to approve the sale. The delay was caused by Bank of America automatically putting the short sale into the HAFA (Home Affordable Foreclosure Alternatives) pr...
12/09/2010
Chase is getting better as a short sale servicer. They approved an Ariel Dunes, Miramar Beach, Florida condo short sale in 45 days! The nitty-gritty:Chase Senior Lien: $500,000 balanceChase Junior Lien: $70,000 balanceSale Price: about $300,000Chase would not pay past due association fees beca...
12/07/2010
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Comments
When you are representing a buyer in a real estate sale, do you remember who your client is? I recently had an agent call to let me know he was sending me an offer on one of my listings. We chatted a bit, and I mentioned how much I liked the property. He said, "So does my buyer. In fact, whe...
12/03/2010
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Author Bio: Wendy Rulnick, Rulnick Realty, Real Estate Broker in Destin Florida and all surrounding towns
The market. Smart sellers. The Emerald Coast of Florida.