This ample home at 801 Loblolly Bay Dr. in Driftwood Estates just sold!.  It is over 2400 square feet, with an open floorplan. The living, breakfast area and kitchen are all combined for great gatherings. This home has a formal dining room and grand entry, with a beautiful stair case.  Driftwood Estates is in the Mack Bayou area of Santa Rosa Beach.  It is well-located near Sacred Heart Hospital, fine dining and upscale shopping on Grande Boulevard and Sandestin.  Emerald Coast beaches are a few minutes away.

Saxon Mortgage approved this short sale and a sale price of $175,000. 

Do you own a home in Driftwood Estates in the Mack Bayou area?  If you need to sell to avoid foreclosure, contact an experienced Santa Rosa Beach FL 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

Santa Rosa Beach FL Short Sales & Pre Foreclosure Help.

The post Just Sold – 801 Loblolly Bay Dr.,Driftwood Estates, Santa Rosa Beach FL – Short Sale first appeared on Rulnick Realty.

This home at 801 Loblolly Bay Drive was just approved by Saxon Mortgage as a short sale. 

Original Saxon Mortgage balance:  $300,000 appr

Sales Price and Current Market value: $194,000 appr

Time for Approval:  35 days

This Driftwood Estates short sale was also approved a couple of months ago by Saxon for a different purchaser.  The previous buyer defaulted on the contract and lost his earnest money deposit.  Even though the second buyer submitted an identical offer, Saxon had to go through its approval process all over again.

How is this Saxon short sale reported to credit bureaus?

If you need to sell your Driftwood Estates home as a short sale to avoid foreclosure, consider hiring an experienced Santa Rosa 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

Search Santa Rosa Beach Florida Homes for Sale

Santa Rosa Beach Short Sales & Pre Foreclosure Help.

Read Wendy’s Santa Rosa Beach Real Estate Blog

The post Saxon Approves Short Sale in Driftwood Estates, Santa Rosa Beach Florida first appeared on Rulnick Realty.

Miracles?  Saxon Mortgage quickly approving a short sale? Compared to Saxon horror stories of the past, this Mack Bayou, Driftwood Estates short sale in Santa Rosa Beach Florida – was a dream!  Here is the story:

Property:  House in Driftwood Estates, Santa Rosa Beach, FL

Mortgage:  Saxon – balance $300,000

Offer:  about $190,000

Promissory Note:  -0-

Cash Contribution:  -0-

Approval Time:  15 days! 

Keys to Approval:  Strong contract at fair market value, no extraneous closing costs, complete short sale package prepared.  Diligent follow up by listing agent with Saxon.

If you need to avoid foreclosure, and do a Santa Rosa Beach short sale, consider hiring an experienced Santa Rosa 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

Destin FL Real Estate

Destin Short Sales & Pre Foreclosure Help.

Read Wendy’s Destin Real Estate Blog

The post Saxon Approves Driftwood Estates, Santa Rosa Beach FL Short Sale in 15 Days! first appeared on Rulnick Realty.