Wendy Rulnick, Destin Florida real estate broker, was recently interviewed by Kiplinger Personal Finance magazine. In the February 2009 edition, Kiplinger describes foreclosure avoidance and short sales. Some of Rulnick’s Destin real estate clients, who recently participated in a short sale, had their story told. The homeowners plight unfolded from buying at the top of the Emerald Coast real estate market to their mortgage interest rate hike and personal job loss. Rulnick helped the sellers complete a short sale on their home, which cancelled about $100,000 in mortgage debt.
The Kiplinger article stresses “Short sales are best conducted by an experienced real estate agent who can negotiate the obstacles imposed by lenders or investors.” Rulnick provided much of the information regarding the short sale process to the reporter. The story is “Fighting a Foreclosure”.