Villa Lago Lot 127 Baytowne Loop, Sandestin Florida has been approved for short sale by Bank of America. This was a lengthy approval time frame, but we got it done!

Here are the details:

Original purchase price: $300,000 appr

List price: $65,000 appr

Mortgage holder: Bank of America

Seller Contribution: $8000 appr

Waiver of Deficiency: yes

This one of my longer recent Bank of America short sales. They clocked in at almost six months from contract to approval. I had to escalate the file a few times via Bank of America’s Twitter Team. It did receive attention, as a Vice President called me to follow up. The Bank of  America negotiator worked hard to reduce the seller’s cash contribution to get him a waiver of deficiency. This was negotiated down from over $20,000 to about $8,000. The Sandestin homeowners association and Villa Lago homeowners association also reduced their balances to make this sale happen, but Bank of America paid over $10,000 in dues to complete the transaction. The buyer contributed a little toward the HOA balances, as well.  In the end, the seller was delighted. This Villa Lago property on Baytowne Loop should close in a few weeks.

If you are thinking of selling your Sandestin Florida property as a short sale or a traditional sale, contact Wendy Rulnick at 850-650-7883.  I can help you navigate this interesting market.

It’s Wendy!

Wendy Rulnick, Broker, Rulnick Realty, Inc.
Call toll-free 1-877-487-9639 or local 850-650-7883 ext 204
Email Wendy: itswendy@rulnickrealty.com

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Wendy Rulnick, Broker, is a short sale and pre-foreclosure specialist and has been featured in “Kiplinger Personal Finance Magazine” and “Florida Realtor Magazine”. She has successfully helped hundreds of families avoid foreclosure through short sale along the Emerald Coast of Florida. Wendy Rulnick is knowledgeable in all aspects of short sale, including VA Compromise Sale, FHA HUD pre-foreclosure sale, HAP military PCS, HAFA, Bank of America Coop program and more.  She is also co-founder of www.ShortSaleSuperstars.com and short sale instructor to agents across the United States. Wendy Rulnick sells real estate in Destin, Santa Rosa Beach, Fort Walton Beach, Niceville, Bluewater Bay, Navarre, Seagrove Beach, Watercolor, Sandestin, Seaside, Crestview, Rosemary Beach, Mary Esther, Shalimar, Panama City Beach, Eglin AFB, Hurlburt Field.

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The post 127 Baytowne Lp., Villa Lago, Sandestin FL – Short Sale Lot first appeared on Rulnick Realty.

This beautiful Elation short sale condo in Sandestin Florida just sold! It had views of the Bay nature preserve. Of course, one of the top reasons to own in Elation is Sandestin Resort.  Home to dining, shopping, nightlife, spas, swimming, tennis, golf and the Village of Baytowne Wharf. Elation condominium are located in a quiet corner of the resort, in Miramar Beach Florida.

This short sale was approved by Wells Fargo.  It was originally purchased in 2008 for $350,000 as an investment property. Wells Fargo issued a full waiver of deficiency for a small cash contribution. 

Elation #5720, Sandestin Florida – sold for $65,000

Looking to sell your Sandestin property? Contact a Destin real estate agent who can help you with a traditional or short sale.

The post Elation Condo #5720, Sandestin Florida – Just Sold first appeared on Rulnick Realty.

This unique short sale home at 2932 Pine Valley, in the Burnt Pine subdvision of Sandestin just sold.  It was built for privacy, surrounded by woods and nature on all sides. The contemporary, stylish Burnt Pine home had tall ceilings, cherry floors and monumental windows showcasing the surrounding forest. The kitchen had granite counters and drop lights. The living room, dining room were impressive, with 14′ celings, surrounded by light. Outside find interesting walkways, decks, stone patios, planter boxes, pergola, pond and places to meditate. Two driveways, one for side-entry garage, the other for guests, and a standing seam metal roof were other features.

Burnt Pine in Sandestin is well-located and opens a Burnt Pine homeowner to a world of amenities.  Sandestin is home to shopping at Baytowne Wharf, the beach, pools, tennis, health club, walking trails, and of course, golf.

2132 Pine Valley Dr., Burnt Pine, Miramar Beach FL 32550 – just sold for $530,000, as a high dollar loss short sale.

It’s Wendy!

Wendy Rulnick, Broker, Rulnick Realty, Inc.

Call toll-free 1-877-487-9639 or local 850-650-7883 ext 204

Email Wendy: itswendy@rulnickrealty.com

Sandestin Short Sales & Pre Foreclosure Help.

Read Wendy’s Sandestin Real Estate Blog

The post 2932 Pine Valley, Burnt Pine Short Sale, Sandestin FL – Just Sold first appeared on Rulnick Realty.

Wells Fargo approved the Elation, Sandstin Florida short sale in less than 45 days.  The unit was under contract in 45 days.  The investor for the mortgage was Fannie Mae, who settled for the net short sale proceeds and waived the right to deficiency judgment.

If you need to sell your Sandestin FL condo to avoid foreclosure, be sure to contact an attorney and an experienced Sandestin 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

Sandestin FL Real Estate

Sandestin Short Sales & Pre Foreclosure Help.

Read Wendy’s Sandestin Real Estate Blog

The post Elation Sandestin Short Sale Approved by Wells Fargo first appeared on Rulnick Realty.

Enjoy the amazing Bay views and nature preserve from this Elation short sale condo in Sandestin Florida! You will find calming colors of the ocean throughout. The short sale unit offers a spacious area to relax and spend time resting up from a day at the Gulf of Mexico beach. Luxurious decor. Dive into the Grand Sandestin pool, or chill out at the “Solstice Club” with bar, grills and more. This Elation short sale condo comfortably accommodates FOUR with king sized bed and a queen sleeper sofa. Eat, dine, shop and enjoy nightlife at the Village of Baytowne Wharf, and steps to the Baytowne Conference Center.  Sandestin also offers top golf, tennis, the beach, gyms and more. Elation is in a quiet corner of the resort, and offers the utmost in refinement in the heart of Sandestin.   

9800 Grand Sandestin Blvd, Elation # 5720 – short sale offered for $74,900.

 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

Destin FL Real Estate

Destin Short Sales & Pre Foreclosure Help.

Read Wendy’s Destin Real Estate Blog

The post Elation #5720, Sandestin Florida – Short Sale Condo first appeared on Rulnick Realty.

Dramatic Burnt Pine pre-foreclosure short sale home in Sandestin Florida.  2932 Pine Valley is located in the trees for for privacy. This gorgeous home is surrounded by woods on all sides, and nature is highlighted. Very modern, chic Sandestin short sale home features tall ceilings, cherry floors and monumental windows showcasing the forest. Kitchen is open to the living room, has granite counters and drop lights. Living room, dining room and kitchen create an impressive space for entertaining, with 14′ celings, surrounded by light.

Outside find interesting walkways, decks, stone patios, planter boxes, pergola, pond and places to meditate. Burnt Pine in Sandestin Florida is in a gated section of this fabulous subdivision.  In the Destin Florida metro area, your world is Gulf of Mexico Beaches, shopping at Baytowne Wharf, Grand Boulevard and Destin Commons, golf, tennis, spas and more.

2932 Pine Valley, Sandestin Florida short sale – offered for $599,900

Watch the visual tour.

It’s Wendy!

Contact Wendy Rulnick, Broker, Rulnick Realty, Inc. to sell your Sandestin property.

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

Email Wendy: itswendy@rulnickrealty.com

Sandestin FL Real Estate

Sandestin Short Sales & Pre Foreclosure Help.

Read Wendy’s Destin Real Estate Blog

The post 2932 Pine Valley – Burnt Pine – Sandestin Florida Short Sale first appeared on Rulnick Realty.

Wells Fargo, formerly Wachovia, has approved a Magnolia Bay townhome in Sandestin Florida as a short sale.   The unusual part of this short sale was that the senior mortgage holder, Bank of America, was not “short”.What does this mean?  The sales price of the property was more than enough to pay the balance on the Bank of America mortgage. That is an unusual situation in Sandestin Florida and vicinity.  Most short sales in the market area are “upside down” on both mortgages.  Usually, the senior lien holder will pay a paltry sum to the junior lien holder to “entice” them to release their lien and allow the sale.  In this case, Wells Fargo was satisfied with about one-third of its balance, and approved the short sale.

Hint:  If you are negotiating with a junior lien, consider offering a cash contribution.  They may then approve your short sale as “settled”.  It will be reflected on your credit report, but you will be done with them.  As always, consult an attorney and an experienced Sandestin 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

 Sandestin Florida Real Estate

 Sandestin Short Sales & Pre Foreclosure Help.

Read Wendy’s Destin Real Estate Blog

The post Wells Fargo Approves Sandestin Florida Short Sale in Magnolia Bay first appeared on Rulnick Realty.

Offered at $119,000.

It’s Wendy!

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

Destin FL Real Estate

Destin Short Sales & Pre Foreclosure Help.

Read Wendy’s Destin Real Estate Blog

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

Email Wendy: itswendy@rulnickrealty.com

Wendy is a short sale and pre-foreclosure specialist and has been featured in “Kiplinger Personal Finance Magazine” and “Florida Realtor Magazine”. Call Wendy Rulnick, Broker/Owner,to list and sell your home or condo on the Emerald Coast of Florida in Walton, Okaloosa and Santa Rosa County-  Destin, Santa Rosa Beach, Fort Walton Beach, Niceville, Bluewater Bay, Navarre, Seagrove Beach, Watercolor, Sandestin, Seaside, Crestview, Rosemary Beach, Mary Esther, Shalimar, Eglin AFB, Hurlburt Field. 

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The post Luau Condo #6108, Sandestin Florida – Short Sale first appeared on Rulnick Realty.

Offered at $529,900

It’s Wendy!

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

Destin FL Real Estate

Destin Short Sales & Pre Foreclosure Help.

Read Wendy’s Destin Real Estate Blog

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

Email Wendy: itswendy@rulnickrealty.com

The post Beachside II 4291, Sandestin Florida – Short Sale Condo first appeared on Rulnick Realty.