Bancorp South has approved a condo short sale in Harbor Plantation, Destin Florida. Bancorp South primarily operates in the Southeast. Bancorp South does not process short sales like the major lenders (Bank of America, Wells Fargo, etc). Instead they rely on a local attorney who represents them and reviews comparable sales. It removes many layers of processing. Here are the Destin short sale details:
Property: Destin condo in Harbor Plantation
Mortgage: Bancorp South - balance about $650,000
Offer: about $325,000
Time for Approval: 40 days
Notes: Bancorp South removes their lien at closing, but deals with the deficiency later
If you need to avoid foreclosure, and do a Destin, Florida short sale, consider hiring an experienced 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.
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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.
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Somebody got a deal in good time thanks to responsible parties that knew how to process a long list of information in short order.
It's nice when some of the layers of insanity are removed from the process, isn't it?
David - There is no doubt it was a good deal!
Melissa - It is also stunning!
Not only a good deal but a great job by you Wendy! Looks like you're getting good approvals for those that need it.
Wendy it looks like the approvals just keep rolling in. There is no doubt you are the short sale authority for the Destin area!
Gabe - Thank you!
Bill - I appreciate you!
My family does business with Bancorp South. They are all over Mississippi. The "major lenders" could learn a few things from their process.