aurora loan services short sales - Rulnick Realty https://www.itswendy.com Northwest Florida Real Estate Thu, 27 Jan 2011 00:00:40 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.1 https://www.itswendy.com/wp-content/uploads/2019/06/cropped-Wendy-Square-1-scaled-1-32x32.jpg aurora loan services short sales - Rulnick Realty https://www.itswendy.com 32 32 Aurora Approves Okaloosa Island, Fort Walton Beach FL – Short Sale https://www.itswendy.com/aurora-approves-okaloosa-island-fort-walton-beach-fl-short-sale/ https://www.itswendy.com/aurora-approves-okaloosa-island-fort-walton-beach-fl-short-sale/#respond Thu, 27 Jan 2011 00:00:40 +0000 http://rulnick.pairserver.com/rulnick.pairserver.com/rulnick.pairserver.com/rulnick.pairserver.com/destinflarealestate.com/?p=2024   This Blue Dolphin condo on Okaloosa Island Florida was just approved for short sale by Aurora Loan...

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This Blue Dolphin condo on Okaloosa Island Florida was just approved for short sale by Aurora Loan Services.  Blue Dolphin is a small gulf-front complex on Abalone Court, Fort Walton Beach FL.
 
The original loan amount was $604,000 in 2007.  Today, market value is about $340,000.  Aurora Loan Services was slow to approve this Okaloosa Island short sale.  They were not familiar with short-term vacation rentals, and continually asked for proof of rental income and leases.  Typical short-term rentals don’t have standard leases, since they are only for a day or two at a time.   They are really more like hotel reservations.  After numerous faxes and requests for documentation (Aurora took a week at time to “review” any fax), we finally were able to get a negotiator.  The short sale was approved in about 90 days.
 
Here is the typical short sale approval language for Aurora Loan Services. Note the reference to 1099-C for cancelled debt to be issued, as well as how Aurora reports to credit bureaus..   
 

If you are thinking about short sale to avoid foreclosure, be sure to contact an attorney and an experienced Fort Walton Beach short sale agent.

It’s Wendy!

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: itswendy@rulnickrealty.com

Fort Walton Beach FL Real Estate

Okaloosa Island Short Sales & Pre Foreclosure Help.

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]]> https://www.itswendy.com/aurora-approves-okaloosa-island-fort-walton-beach-fl-short-sale/feed/ 0 Aurora Loan Services Approves Seagrove Beach Short Sale in Amazing 84 Days https://www.itswendy.com/aurora-loan-services-approves-seagrove-beach-short-sale-in-amazing-84-days/ https://www.itswendy.com/aurora-loan-services-approves-seagrove-beach-short-sale-in-amazing-84-days/#respond Wed, 25 Nov 2009 16:17:53 +0000 http://rulnick.pairserver.com/rulnick.pairserver.com/rulnick.pairserver.com/rulnick.pairserver.com/destinflarealestate.com/?p=945 This unusual duplex in Seagrove Beach, Florida, adjacent to Seaside, was just approved for short sale.  This property is less than...

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]]> This unusual duplex in Seagrove Beach, Florida, adjacent to Seaside, was just approved for short sale.  This property is less than one block to the Gulf of Mexico.

Lender:  Aurora Loan Services

Mortgage Balance:  $875,000 appr

Sale Price:  $325,000 appr

Approval Time:  84 Days

Note:  This quick approval for an Aurora Loan Services short sale was amazingly fast.

If you need to sell your home as a short sale in Seaside, Seagrove Beach, Watercolor or Rosemary Beach, Florida, it is best to hire an experienced short sale agent.

It’s Wendy!

Wendy Rulnick, Broker, CRP, CRS, GRI, ABR     Rulnick Realty, Inc.

Seagrove Beach Real Estate

Seagrove Beach, Seaside, Watercolor Short Sales & Pre Foreclosure Help.

Read Short Sale Blog

Call toll-free 1-877-ITS-WNDY (1-877-487-9639) or local 850-650-7883 ext 204

Email Wendy to sell your home or buy a home: itswendy@rulnickrealty.com

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