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crestview va compromise sales: Cherokee Bend, Crestview FL - VA Compromise Sale - 05/04/12 06:43 AM
  This contemporary home in Cherokee Bend subdivision, Crestview Florida is a VA Compromise Sale. 2834 Atoka Trail is neat, crisp and bright! Kitchen open to dining and living room with breakfast bar. Fun track lighting. Master bedroom opens to outside with French doors, and has two walk-in closets. Master bathroom has double vanities. Enjoy the big fenced yard with screened porch and large covered patio, perfect for cook-outs. Do you fish? A community lake is nearby. This home at in Cherokee Bend, Crestview Florida is well-located for commuting to Eglin Air Force Base, as it is south of I-10.  25 minutes away - … (2 comments)

crestview va compromise sales: 322 Ray Ave., Southway Estates, Crestview Florida - VA Compromise Short Sale - 02/22/11 09:38 PM
 
Wonderful roof lines give your Southview Estates, Crestview Florida short sale home appeal! 322 Ray Avenue is a roomy split-bedroom floor plan with cathedral ceilings and lots of light. The living room is open to dining area. Galley kitchen has a pleasing window over the sink and huge walk-in pantry. Two secondary bedrooms are spacious. Master bedroom has vaulted ceiling, walk-in closet. Fenced yard. Double decks to above ground pool. Roof new in 2005. Home needs some cosmetics, such as carpet cleaning and a little trim painting, but is a lovable home in a great Crestview FL location south of I-10 for … (10 comments)

crestview va compromise sales: Crestview and Navarre Florida VA Compromise Sale - New Relocation Assistance - 02/01/11 12:21 PM

If you are a borrower with a VA home loan in Crestview, Navarre, Fort Walton Beach, Florida and surrounding towns, and are having trouble paying your mortgage, there is good news for you. The Veterans Administration recently announced a change to the VA Compromise Sale program.What is a VA Compromise Sale?  Similar to a short sale, a VA Compromise Sale (also called VA Compromise Claim or Offer) is used when a VA borrower can no longer afford to make mortgage payments, must sell, and the mortgage balance is more than the what the property is worth.  If you qualify, you may sell your … (3 comments)

crestview va compromise sales: Crestview and Navarre Florida VA Compromise Sales: Will VA Pursue You for Deficiency? - 09/30/10 07:29 PM
 
 
PSCing to a new base? If you are an Eglin Air Force Base or Hurlburt Field airman and own your home, this could be a problem. You may very well be "upside down" in your mortgage.  Meaning, the balance you owe is more than market value of your property.  That is a common scenario on the Emerald Coast, in Crestview, Navarre, Fort Walton Beach, and Destin Florida. 
 
When you are in this situation, you have six choices:
 
1.  HAP
2.  Short Sale
3.  VA Compromise Sale
4.  Rent Out Your Property
5.  Pay the difference owed out of your … (4 comments)

crestview va compromise sales: Is Being "Good to Work With" Key to Short Sale Approvals? - 07/02/10 01:44 PM
 
I was stunned and delighted to receive this email from a Bank of America VA short sale negotiator:Hey Wendy,

I was able to push through the approval much faster than normal.  You have been very good to work with so wanted to do what I could to get it approved.   :)   Thanks!
WOW!  It was exactly 30 days after sending in the short sale package to Bank of America, that my Crestview Florida listing was approved.  It was a VA Compromise Short Sale, so those must be faxed in versus using Equator.  I did have luck on my side, as the property had … (10 comments)

crestview va compromise sales: Crestview Florida VA Compromise Short Sale Seller- Puts "Ooomph" In My Day - 05/05/10 07:02 PM
 
 
I received this note today from a Crestview Florida short sale seller.  Her recent VA Compromise Sale was approved by Bank of America. The Crestview home closed last week. 
 
Hello Wendy,You were the best thing that could've happened in my life at the time, and I am very grateful for your professionalism and dedication to my situation. I don't believe this process could have happened more smoothly had it been any other agent handling my short sale. I will most definitely recommend you to any/everyone, and call on you again anytime I may need your assistance.You are appreciated more than … (6 comments)

crestview va compromise sales: What does a Crestview Florida VA Compromise Sale Approval Look Like from Bank of America? - 03/04/10 06:55 PM
 
I just received an approval on a Crestview Florida short sale.  Not just any short sale, but on a VA Compromise Sale.  When a U.S. veteran has a VA guaranteed mortgage loan, and sells his home in a hardship situation for less than the mortgage balance, there will not be enough to pay back his VA entitlement.  That is called a VA Compromise Sale or Offer in Compromise.  In that case, when working with Bank of America, you won't see the dreaded "Deficiency" approval letter, where they "reserve the right to pursue a deficiency".
 Here is the approval letter for a Bank of America … (10 comments)

 
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Wendy Rulnick "Its Wendy!" Destin FL Short Sales

Destin, FL

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Rulnick Realty, Inc.

Address: 12889 Emerald Coast Pkwy West, Ste. 107-A, Destin, FL, 32550

Office Phone: (877) 487-9639 x 204

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