This Santa Rosa Beach Florida short sale set the Bank of America record for me. Document after document was requested, faxed and emailed. Phone call after phone call was made. The file was closed and re-opened many times. The buyers threatened to walk time and again. This short sale was on the edge of collapse throughout much of the approval the process, but in the end, success!
Regions Approval Terms: $15,000 cash contribution
First Mortgage: Bank of America, balance $1,300,000
Second Mortgage: Regions, balance $100,000
Sale Price: $850,000 appr
Bank of America Approval Terms: $40,000 promissory note, $30,000 cash contribution
Number of Bank of America negotiators: 5
Number of Regions negotiators: 2
Number of Times Bank of America erroneously closed file: 3
Number of Emails sent: 298
Number of Phone call made: 114
Number of Months for Approval: 8
Seller Relief at Closing: Priceless
It's Wendy!
Wendy Rulnick, Broker, CRP, CRS, GRI, ABR Rulnick Realty, Inc.
Destin Short Sales & Pre Foreclosure Help.
www.ShortSaleSuperstars.com for agents
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 can help you sell or buy a short sale property in and around Destin Florida and the Emerald Coast. Wendy has been interviewed by Kiplinger Personal Finance Magazine and Business Week magazine, and has appeared in Florida Realtor Magazine .Call Wendy Rulnick, to list and sell your property on the Emerald Coast of Florida in 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. *Figures may be modified slightly to protect data confidentiality.
