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
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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.
