What a swift approval for this Santa Rosa Beach Florida short sale home in Driftwood Estates, the Mack Bayou area! In fact, Chase approved the short sale in about three weeks! Regions, the junior lien holder, took four weeks. Details:
Home: 66 Driftwood Point Rd., Santa Rosa Beach FL 32459
Original Purchase Price: $464,000 in May 2008
Sales Price: appr $230,000
Terms: Chase accepted the offer as “settled”. Regions, always more difficult, asked for a $100 per month promissory note to pay back 60% of their balance of $25,000. The note will be re-adjusted in a year.
I put this home under contract in four days. The seller almost didn’t list because she thought there was no time to beat the foreclosure. I thought otherwise.
Consider hiring an experienced Santa Rosa Beach Florida short sale agent if you are facing foreclosure, and get your property sold.
Wendy Rulnick, Broker, Rulnick Realty, Inc.
Call toll-free 1-877-ITS-WNDY (1-877-487-9639) or local 850-650-7883 ext 204
Email Wendy: [email protected]