Island Green Sandestin, Florida – Citibank Luxury Short Sale Approved

Sandestin short sale

This lovely home in Island Green, an elegant neighborhood within the community of Sandestin Resort, Miramar Beach, Florida, was just approved as a short sale.  Listed at almost $900,000, the luxury property went under contract in little more than 30 days.  Only the junior lien, Citi, was a short sale.  The following documents are typical of what is required for a short sale approval:

  1. Letter of authorization to allow me to speak on behalf of the owners to the bank
  2. Hardship letter outlining why a short sale is requested (some examples of hardship are job loss, death of breadwinner, medical expenses, mortgage payment re-set, relocation, divorce, etc.)
  3. Uniform Borrower Assistance form, which is a detailed financial worksheet itemizing expenses, income and assets of the owner
  4. Proof of income, for example, paystubs, profit and loss statement, alimony, child support, retirement income, social security income, pension, unemployment compensation
  5. Tax returns and/or IRS Form 4506T allowing the lienholder to obtain the specified tax documents from the IRS
  6. Bank statements– all savings, checking account statements typically for last 60 days, or longer, often kept up-to-date throughout the short sale approval process
  7. Supplement hardship documentation, such as medical bills, divorce decree, military PCS orders, etc.
  8. Payoff statements from other lienholders, such as the payoff from senior, junior liens or homeowners association liens
  9. Preliminary Closing disclosure (CD) or settlement statement (HUD) using the anticipated closing date
  10. Listing agreement
  11. Contract for purchase
  12. Proof of funds for buyer of short sale, either a pre-approval letter for a loan, or bank statement or letter from bank stating cash funds are available

This luxury Sandestin Florida short sale was approved in about 90 days and is scheduled to close in October.  The short sale approval letter from Citibank came without the requirement to pay back any deficiency. Note: there may be tax consequences of a short sale, since the IRS may view the forgiven debt as income. Always consult with your tax advisor and attorney when considering a short sale.

How can I help you with short sale?

It’s Wendy… It’s Sold!

Wendy Rulnick, Broker, Rulnick Realty, Inc.
Call 850-650-7883 ext 204
Email Wendy:

Wendy Rulnick, Broker, sells real estate in Destin, Santa Rosa Beach, 30A, Miramar Beach, Seagrove Beach, Watercolor, Sandestin, Seaside, Rosemary Beach, Fort Walton Beach, Niceville, Bluewater Bay, Navarre, Florida.

Lunch at Mitchell’s Fish Market – Grand Boulevard Sandestin

Mitchells Grand Boulevard Review

Yesterday was time for a Sandestin lunch adventure!  This time it was at Mitchell’s Fish Market on Grand Boulevard! My friend, Rhonda, and I headed to Sandestin thinking we might stop at Travinia Italian Kitchen, but ended up driving around and around trying to find a parking spot. Apparently, an expansion to Grand Boulevard with construction in progress was causing all the activity and parking spots to be filled up. There is a new building going up across from Carmike Boulevard 10 Cinema that will house Anthropologie and Vineyard Vine’s and the area was partially blocked by equipment, so we decided to go to Mitchell’s Fish Market, Seafood Restaurant and Bar instead. Surprisingly, it was not crowded.

Mitchell's Sandestin restaurant

The atmosphere is always lovely in Mitchell’s. It’s sleek, dark and nautical.  There are wood blinds along all the windows and sultry, oversized booths.  There was one private room up front where I’ve held company holiday parties (it holds about ten people), and that room was actually filled. Rhonda and I admired Mitchell’s menu with so many seafood offerings.  We decided to share the seared ahi tuna as an appetizer.  It was about $13.  At many restaurants around Destin, you’ll only get about five to seven slivers of tuna.  Mitchell’s was different!  Count them – ten tasty, somewhat spicy, strips of ahi tuna (there are no calories, you know?).  It came with rice and sliced cucumber salad. We loved it!  Mitchell's Grand Boulevard review

For the main courses, Rhonda got stuffed shrimp and I had cedar-planked cod with asparagus and zucchini. (You can order fish grilled, blackened, broiled, or pan-seared – cedar plank or Shanghai style). Rhonda thought I was crazy ordering a non-local fish (they had grouper), but I guess I was homesick for New England.  The cod had a plethora of sun-dried tomatoes as a topping and was very flavorful.  I would say that the cedar infusion dominated the palate and it was unique (it was not my favorite preparation).  Rhonda found her three stuffed shrimp very satisfying (ok, she was “stuffed”, too!). We didn’t get dessert, but the coffee was delicious!

Until the next dining adventure….

Search for homes in Sandestin.

It’s Wendy… It’s Sold!

Wendy Rulnick, Broker, Rulnick Realty, Inc.
Call 850-650-7883 ext 204
Email Wendy:

Wendy Rulnick, Broker, sells real estate in Destin, Santa Rosa Beach, 30A, Miramar Beach, Seagrove Beach, Watercolor, Sandestin, Seaside, Rosemary Beach, Fort Walton Beach, Niceville, Bluewater Bay, Navarre, Florida.

Burnt Pine, Sandestin FL – Home Sales Stats June 2014

Burnt Pine Listing Agent

What homes are homes selling for in Burnt Pine, Sandestin FL, specifically average prices for home sales? Wendy Rulnick, listing broker, provides you a search for homes for sale in Burnt Pine, Sandestin, Miramar Beach FloridaYou can also obtain a free market analysis of your Burnt Pine Sandestin FL home.

Active Listings in Burnt Pine, Sandestin in Miramar Beach, Florida

Burnt Pine currently has 26 homes for sale in June 2014.  The average list price per square foot is $369. The average days on the market is 317 days.

Pending Listings in Burnt Pine, Sandestin in Miramar Beach, Florida

Burnt Pine has four homes under contract in June 2014.  The average listed price per square foot of these is $497.  Of course, we won’t know what the end-average will be until they close.

Sold Listings in Burnt Pine, Sandestin in Miramar Beach, Florida

Ten homes have sold in Burnt Pine in 2014. The average sold price per square foot is $271.  You can see the vast difference between list price per square foot and sold price per square foot.

Burnt Pine Sandestin Real Estate Stats June 2014

Ready to sell your Burnt Pine home or just want more information? There is never an obligation nor pushy sales tactics when you call Wendy Rulnick, Broker 850-650-7883 ext 204.

It’s Wendy… It’s Sold!  Email Wendy:

Burnt Pine Sandestin Home Sales Analysis April 2014

Burnt Pine Listing Agent

How is the market for selling homes in the Burnt Pine subdivision of Sandestin, Miramar Beach Florida? Here is the market summary for the March and April 2014.

Burnt Pine, Sandestin Florida – Homes Listed for Sale

There are 26 homes for sale in Burnt Pine and 27 building lots for sale. The homes are listed from $824,000 to $3,900,000. Lots are listed from $190,000 to $1,500,000.

There is one foreclosure listing in Burnt Pine, located at 2989 Bay Villa Court.

There are currently no homes in Burnt Pine listed as a short sale.

There are four new construction homes in Burnt Pine, three “to be built” and one completed. The new homes are listed from $900,000 to $1,500,000.

Burnt Pine, Sandestin Florida –  Pending Homes for Sale

There are three pending home sales in Burnt Pine. The listed prices at time of contract were $1,089,000 to $1,565,000.

Burnt Pine Homes Sales for March to April 2014

Five homes sold in Burnt Pine, Sandestin within the months of March and April. The sold prices were $850,000 to $1,600,000.  Burnt Pine had four lot sales, between $190,000 to $425,000.

See the detailed Burnt Pine Market Analysis of homes for sale, under contract and sold below.

Email Wendy Rulnick for more information about Burnt Pine or call 850-259-0422 for a free market analysis or to list your Sandestin Florida home or lot.

Burnt Pine Homes Sold April 2014

Selling Your Burnt Pine, Sandestin FL Home For Sale By Owner?

Sandestin For Sale by Owner

Are you looking for basic advice on getting your Burnt Pine, Sandestin Florida home sold as a “For Sale By Owner?”  Here are some tips that will get you started!

1.  Hire a Professional Photography for your Burnt Pine real estate – In the world of the internet, it pays to have good photos of  your property online.  That’s where most buyers will look for properties for sale.  If your photos are not high quality, your home may be undervalued by the buyer or even worse, eliminated. I recommend Ashley Nichole, a top photographer in the Miramar Beach, Florida area. Tell her I sent you – 850-687-1977.

2. Make a Website  Describing Your Burnt Pine Home for Sale. If you have a your own website dedicated to your Sandestin Florida home for sale, you can share it with friends or interested buyers. Try Google Sites for a free custom website or GoDaddy for a $1 per month.

3. Youtube. Upload your Virtual Tour to Youtube to further promote your Burnt Pine property for sale.  You can use your camera to make a video or your home, or a free program like Picasa to put photos together in a professional looking presentation.

4. Align Yourself with a Title Company or Local Attorney. When you receive a written offer on your property, you can be ready to take action to close. Better yet, have a title search done in advance to be prepared for any issues that might come up. I recommend Touchstone Land Title in Destin Florida at 850-650-5444.

5. Have a real estate contract ready for your Burnt Pine sale.  Ask the title agent (see #4) to provide you with a generic Florida contract.  There is nothing worse than losing the buyer because you don’t have paperwork to assist them putting their offer in writing!

Watch this column for future advice on selling your Burnt Pine, Sandestin property.

Burnt Pine Golf Course info

Burnt Pine Sandestin Homeowners Association

Search Burnt Pines Sandestin Homes for Sale

It’s Wendy… It’s Sold!

Wendy Rulnick, Broker, Rulnick Realty, Inc.
Call toll-free 1-877-487-9639 or local 850-650-7883 ext 204
Email Wendy:

Wendy Rulnick, Broker, has been featured in “Kiplinger Personal Finance Magazine” and “Florida Realtor Magazine”. She has successfully helped hundreds of families sell their homes along the Emerald Coast of Florida. Wendy Rulnick sells real estate in Destin, Santa Rosa Beach, Fort Walton Beach, Niceville, Bluewater Bay, Navarre, Seagrove Beach, Watercolor, Sandestin, Seaside, Crestview, Rosemary Beach, Mary Esther, Shalimar, Panama City Beach, Eglin AFB, Hurlburt Field.