It can happen for you! Bank of America has approved a Destin short sale in the Maravilla subdivision - in 55 days! Here is the story:
Property: Single family home in Maravilla, Destin Florida
Mortgages: Bank of America (formerly Countrywide) first and second - totalling $800,000
Offer: about $360,000
Promissory Note: -0-
Cash Contribution: -0-
Approval Time: 55 days
Keys to Approval: Proper pricing, qualified seller, contract with terms acceptable to Bank of America, tenacious follow up
This Destin short sale was processed through Equator, an online system used by Bank of America for short sales. The seller uploaded her financials in my office. We uploaded the settlement statement, MLS entry, photo, authorization, and of course, assisted with proper pricing to get this short sale sold.
If you need to do a Destin Florida, Maravilla short sale, consider hiring an Destin 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 Short Sales & Pre Foreclosure Help.
Read Wendy's Destin Real Estate Blog
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.
Subscribe to It's Wendy's Blog by Email
That palace sold for 360k ? Bank of America rocks. They're obviously getting with the program.
Wendy, that's great! Congratulations. I know some of the negotiators in Equator are working faster. I just had one approved too. Now if I could only get GMAC to respond on Equator.
Hi Wendy... now if we could just get BofA to act in a consistent manner on these. For every one that they have started handling more efficiently, the others are equally less effective. No net gain!
Great job Wendy. Maybe there's hope with B of A and their short sales are hopefully speeding up.
Excellent work Wendy! 55 days is a very short time frame for BOA.
Bank of America is really pulling it together! Elizabeth said they approved one of hers in 24 days!
Wendy, that's in record time! That's amazing! As for the price, that is over 50% dropped off the total loan amount. Wow.