If you are behind on mortgage payments, worried about foreclosure, facing a military PCS, dealing with a job change, divorce, medical hardship, or simply owe more than your Emerald Coast property may be worth, you may have options.
A short sale may be one possible solution. In a short sale, the mortgage lender agrees to consider accepting less than the full mortgage balance so the property can be sold. Every lender, loan type, and seller situation is different, so the first step is not panic — it is getting organized and understanding your options.
I have helped Emerald Coast homeowners work through short sale and difficult property-sale situations in Destin, Niceville, Bluewater Bay, Fort Walton Beach, Crestview, Navarre, Santa Rosa Beach, Miramar Beach, Sandestin, and surrounding Northwest Florida areas.
This section of my website is designed to help you understand the major issues before you make decisions.
Start here:
Who Qualifies for a Short Sale?
VA Compromise When PCSing to New Base
Short Sales and Security Clearance
A short sale is not right for everyone. Your lender may have other options, such as a repayment plan, forbearance, loan modification, or other workout option. You should also speak with your lender directly and consult appropriate legal and tax professionals before making final decisions.
If you are trying to sort through your options, I can help you understand the real estate side of the process and guide you through the steps of listing, pricing, contract handling, and lender communication.
Contact Wendy confidentially:
Wendy Rulnick
Broker/Owner, Rulnick Realty
850-259-0422
[email protected]