As a Short Sale Specialist on the Emerald Coast of Florida, I sometimes run into a situation where a property cannot be saved from foreclosure. Either the seller contacted me too late, or the property combined with the market was so fraught with problems, that a sale could not be obtained. Luckily, we can often save a property from foreclosure right up to the sale on the courthouse steps.
I recently had a pre-foreclosure townhouse listed for sale in a gated subdivision in Destin, Florida. The property was encumbered with association fees of $800 per month. In my area, that is outrageous for a non-waterfront property. In fact, to overcome objections to such high fees, the list price had to be lowered substantially, and then the numbers still did not make sense to a typical buyer, making it very difficult to sell.
Well, the day before the foreclosure sale we got a contract on the property. My team scrambled to get it to the short sale lender, in this case, EMC. They failed to cancel the foreclosure in a timely manner, and despite efforts to rescind the sale, they let it stand.
A few days later I got a call from the "new" listing agent, who let me know she had received the assignment from EMC. Without hesitation, and without being asked, I sent her all my information on the property. I sent her details on the new association fees, the contact numbers for the association, and the name, telephone number and email address of the agent who wrote the offer. I also emailed the buyer's agent directly to let him know he should contact the new broker, so perhaps he could make his deal work.
I gave it my all. I wish the new listing agent and the buyer's agent the best. And I hope they succeed.
It's Wendy!
Wendy Rulnick, Broker, CRP, CRS, GRI, ABR Rulnick Realty, Inc.
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Call Wendy Rulnick, Destin real estate agent, to list and sell your home or condo or help you buy a home or rental property 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. 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.
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You know Wendy....wish we had more of you up here...the point is...we are all pretty much in the same boat... why not lend a hand... good for you... !
Thank you, Konnie. I think the era of adversaries should be over.
You know Wendy, karma is a glorious thing. I have a feeling your unselfish good deeds will not go unnoticed and come back to serve you later. We need more people like you in every profession.
Thank you, Donna. It really was reward enough to have done it, too.
Wendy, I'm sure you're more than aware of what goes around comes around; just doing the right thing. Way to be!
Thanks, Lynn! I totally agree.
There are real professionals and then there are people who just toss the word around...you have and do go above and beyond...and know that even if no one says it, the recognize and appreciate it...thank you if they didn't say it !
Sally & David - You are sooo sweet. I do think the other agent was taken aback :) and unsure how to respond.... Thank you.
Wendy...
You're a rarity in this business. So often we see just the opposite. This is a breath of fresh air and it's something we'd do as well :)
TLW...ROAR!
Thank you, TLW- you gave me butterflies :) I appreciate it.
There are so many that would turn their nose and not help. This is a tribute to the kind of person your are Wendy!
Wendy,
You are a treat, God blesses those you pay it foward.. You deserve referrals and if I have one in your area. You are my Girl..
Bill - Thank you! I appreciate your kind words.
Laura - Thanks for the smile!
Wow...you truly went above and beyond the call of duty Wendy. I'm sure Karma will work in your favor.
Amber - It actually felt really good! Thank you:)