Aurora Approves Okaloosa Island, Fort Walton Beach FL – Short Sale

Wendy Rulnick — Thu, 27 Jan 2011 00:00:40 +0000

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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Blue Dolphin Condo #302, Okaloosa Island, Fort Walton Beach Florida – Short Sale

Wendy Rulnick — Mon, 05 Jul 2010 18:44:39 +0000

If you like a bit more privacy on your beach jaunts, then this Blue Dolphin short sale condo on Okaloosa Island Florida is for you! Blue Dolphin is small waterfront complex let’s you get away from the crowds… Lounge at the beachfront pool, use the convenient dune-crossing boardwalk to Gulf of Mexico waters! This Fort Walton Beach short sale condo has high ceilings, granite counters, tile floors and covered parking. Long balcony for after-sun breezes and wave-watching. Beautifully decorated. Okaloosa Island is in Fort Walton Beach Florida, near great restaurants and shopping in Destin Florida, too. Emerald green waters await you. What more could you want?

466 Abalone Court, Blue Dolphin condo #302 offered for $299,900

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 Florida Real Estate

Fort Walton Beach Short Sales & Pre Foreclosure Help.

Read Wendy’s Short Sale Blog

The post Blue Dolphin Condo #302, Okaloosa Island, Fort Walton Beach Florida – Short Sale first appeared on Rulnick Realty.

blue dolphin condo - Rulnick Realty

Aurora Approves Okaloosa Island, Fort Walton Beach FL – Short Sale

Blue Dolphin Condo #302, Okaloosa Island, Fort Walton Beach Florida – Short Sale