destin real estate: Alan Greenspan on the Housing Market - I Don't Agree - 10/12/08 12:19 PM
Yesterday I was riding the bike at Gold's Gym in Destin FL. One of my sellers, whom I originally met there, popped onto the bike next to me. He said, "Alan Greenspan says the housing market will recover by mid-2009, what do you think?" Greenspan pointed out that there has been … (8 comments)
destin real estate: Short Sales: Attitude and Guessing Games - 10/09/08 04:26 PM
I am working on getting a short sale approval for a house in Destin FL. The mortgage is about $200,000 and the offer is for $130,000 (modified for the sake of confidentiality), which is slightly under maximum market value of $145,000. The lender is Vanderbilt Mortgage. To be blunt, they are not … (8 comments)
David Borden has an extensive real estate sales background in the Destin-Fort Walton Beach area on the Emerald Coast of Florida. He has been selling condominiums, homes, land, new construction and commercial … (2 comments)
destin real estate: "I Want to Do a Short Sale" Says the Seller - 10/04/08 11:32 AM
I get calls daily from property owners in my Destin FL area who want to do a Short Sale. These are the bullet points from my qualifying conversation with them:
Your lender will want to know what your hardship is. What has changed from when you first took out your … (25 comments)
Yesterday a salesman and his associate walked off the street into my Rulnick Realty office, carting a bunch of meat for sale. I didn't send them away, and say "No soliciting". Believe me, I give anyone credit trying to work hard to make a living, in any economy. The salesman … (44 comments)
destin real estate: Whitney Bank Short Sales? Don't Ask! - 09/26/08 08:50 AM
I have Short Sale lot listing in Santa Rosa Beach, Florida. Values in that market area have dropped 50% for vacant land. There is about a ten-year inventory for sale. That means, at the current rate of sales, it would take ten years for all the lots to sell. My Short … (5 comments)
destin real estate: "Short Selling" vs "Short Sales"- Don't Get Confused! - 09/24/08 12:37 PM
Yesterday I got a call from a potential "Short Sale" seller who was confused. He had heard on the news that "short selling" had been banned by the government. He thought he might not be able to save his home from foreclosure because of this new law.
I knew immediately what … (8 comments)
destin real estate: 3 Short Sale Approvals - The Key to Each - 09/21/08 12:12 PM
I've received 3 Short Sales approvals on the Emerald Coast of Florida in past seven days. Here is the summary and the "key" to each approval, presented as "Problem" and "Solution".
Case #1
Destin FL condo
First Mortgage: Countrywide
Second Mortgage: DCS (MI company who bought Countrywide's second)
Problem: Countrywide thinks value … (6 comments)
destin real estate: State of Florida: Making Extra Money Off Short Sales - 08/19/08 06:20 PM
Incredible! My state, Florida, has decided to reap additional taxes on those who have the unenviable position of having to do a Short Sale to save themselves from foreclosure or other financial ruin. Florida, like some other states, has a standard tax to the seller whenever there is a sale of real property. … (12 comments)
destin real estate: Are Your Computers Safe from Hurricanes? - 08/18/08 08:12 AM
Are your business computers safe from pending hurricanes or other natural disasters? I am concerned, as I wrote in Oh No- Hurricane Season- Here It Comes! In preparation, consider the following advice courtesy of my computer guru, John Wright of Accelerated Solutions....
>>>There are plenty of sources for hurricane preparedness to … (6 comments)
destin real estate: Rulnick Realty: 2 New Agents - 08/15/08 08:34 AM
What a fabulous week. I would say, full of "serendipity! I've hired two new agents to work at Rulnick Realty. The first, Beverly Dudley, has several years real estate experience. She will also fill the role of my executive assistant. I was looking for an additional staff member, as we are … (3 comments)
destin real estate: How "Not" To Buy A Short Sale - 08/13/08 03:02 AM
Yesterday I received an offer on a Short Sale listing in Destin Florida. The list price was $216,000, a bit below market, and the house had been for sale for over five months. An agent produced an offer for $175,000 and it was contingent on seller's lender approval within 45 days. It also stated "The … (84 comments)
destin real estate: Foreclosures: Multiple Offers- Deceipt & Subterfuge - 08/06/08 06:47 PM
Yesterday I was in the midst of a multiple offer situation. The property was a Destin foreclosure, a condo near the Gulf of Mexico. There were two offers, and the seller, a bank, asked for "highest and best offer" from each party, a standard practice in the foreclosure industry. While driving back to … (9 comments)
destin real estate: Destin Real Estate Inventory - 08/04/08 06:01 PM
Do you want a good gauge of how the Destin real estate market is doing? Or any market?
Check the Months Inventory Statistic. This will tell you how many months it will take to sell out the current inventory of houses, condos, lots and townhouses if sales continued at the existing … (0 comments)
destin real estate: HOPE for Homeowners - 08/04/08 02:17 PM
I have been getting calls from sellers in Destin Florida and the surrounding towns, concerned over rising mortgage payments or from those who have lost income or jobs, to find out if they are eligible for the favorable refinance benefits recently passed in the Housing and Economic Recovery Act of 2008. Following is … (4 comments)
destin real estate: Ariel Dunes II Unit 1104, Destin, FL 32550 - 08/01/08 10:49 AM
It's Wendy!
Wendy Rulnick, Broker, CRP, CRS, GRI, ABR Rulnick Realty, Inc.
Specializing in Emerald Coast of Florida: Destin Florida real estate, Santa Rosa Beach, Fort Walton Beach, Niceville, Bluewater Bay, Navarre, Seagrove Beach, Watercolor, Sandestin, Seaside, Dune Allen, Blue Mountain Beach, Freeport, Rosemary Beach, Mary Esther, Shalimar, Eglin AFB, … (0 comments)
destin real estate: Notes From A Short Sale - 07/31/08 02:38 PM
I just had another Destin Florida short sale approved. Following are my notes starting with the most recent going back to the beginning of the Short Sale Approval Process with Countrywide. This might be useful to show buyers' agents and potential buyers to help them understand some of the processes the listing agent goes through to get … (13 comments)
destin real estate: 217 Dolphin Estates, Destin, FL - 06/20/08 03:28 PM
It's Wendy!
Wendy Rulnick, Broker, CRP, CRS, GRI, ABR Rulnick Realty, Inc.
Specializing in SHORT SALES and FORECLOSURES on the Emerald Coast of Florida: Destin, Santa Rosa Beach, Fort Walton Beach, Niceville, Bluewater Bay, Navarre, Seagrove Beach, Watercolor, Sandestin, Seaside, Dune Allen, Blue Mountain Beach, Freeport, Rosemary Beach, Mary Esther, … (0 comments)
destin real estate: Short Sales: "One" Strong Contract = Success - 06/02/08 06:53 PM
I get calls daily on my Short Sale listings from agents who think I send multiple signed or unsigned offers to the Short Sale lender with equal position. That is- like an auction. Well, I don't. Per my MLS board approval, I leave listings active with the comment: "Contingency contract, bring your … (17 comments)
destin real estate: 601 BEACH DR, DESTIN FL 32541 - 05/30/08 04:43 PM
It's Wendy!
Wendy Rulnick, Broker Rulnick Realty, Inc.
Selling FORECLOSURES, SHORT SALES and REAL ESTATE on the Emerald Coast of Florida: Destin, Fort Walton Beach, Santa Rosa Beach, Sandestin, Niceville, Mary Esther, Navarre and vicinity.
Call 1-877-487-9639 ext 204 Call for current pricing.
Search Destin real estate listings.
Get Destin … (0 comments)
destin real estate: Sandprints Unit E8, Destin, FL 32550 - 05/07/08 06:33 PM
It's Wendy! Wendy Rulnick, Broker, CRP, CRS, GRI, ABR Rulnick Realty, Inc. Specializing in SHORT SALES and FORECLOSURES on the Emerald Coast of Florida: Destin, Santa Rosa Beach, Fort Walton Beach, Niceville, Bluewater Bay, Navarre, Seagrove Beach, Watercolor, Sandestin, Seaside, Dune Allen, Blue Mountain Beach, Freeport, Rosemary Beach, Mary Esther, Shalimar, Eglin AFB, … (0 comments)
destin real estate: 4519 John Ave, Destin, FL 32541 - 05/05/08 05:41 PM
Contact: Wendy Rulnick, Broker Rulnick Realty, Inc. www.ShortSales-EmeraldCoast.com www.RulnickRealty.com 850-650-7883 ext 204 … (0 comments)
destin real estate: Destin Short Sale - 05/05/08 05:38 PM
Contact: Wendy Rulnick, Broker Rulnick Realty, Inc. www.ShortSales-EmeraldCoast.com www.RulnickRealty.com 850-650-7883 ext 204 … (0 comments)
destin real estate: 140 PELICAN BAY DR, SANTA ROSA BEACH, FL 32459 - 03/26/08 08:31 AM
It's Wendy! Wendy Rulnick, Broker, CRP, CRS, GRI, ABR Rulnick Realty, Inc. Specializing in SHORT SALES and FORECLOSURES on the Emerald Coast of Florida: Destin, Santa Rosa Beach, Fort Walton Beach, Niceville, Bluewater Bay, Navarre, Seagrove Beach, Watercolor, Sandestin, Seaside, Dune Allen, Blue Mountain Beach, Freeport, Rosemary Beach, Mary Esther, Shalimar, Eglin AFB, … (2 comments)
destin real estate: "The Enclave Unit 502A" Destin, FL 32541 - 03/12/08 04:32 PM
It's Wendy! Wendy Rulnick, Broker, CRP, CRS, GRI, ABR Rulnick Realty, Inc. Selling real estate on the Emerald Coast of Florida: Destin, Sandestin, Santa Rosa Beach, Blue Mountain Beach, Dune Allen, Watercolor, Rosemary Beach, Seaside, Niceville, Bluewater Bay, Freeport, Crestview, Navarre, Fort Walton Beach, Mary Esther, Shalimar and vicinity. … (0 comments)
destin real estate: 2579 CAYENNE LN, SHALIMAR FL 32579 - 03/12/08 04:28 PM
It's Wendy! Wendy Rulnick, Broker, CRP, CRS, GRI, ABR Rulnick Realty, Inc Selling real estate on the Emerald Coast of Florida: Fort Walton Beach, Destin, Navarre, Niceville, Santa Rosa Beach, Crestview, Bluewater Bay, Rosemary Beach, Grayton Beach, Blue Mountain Beach, Sandestin, Seaside, Watercolor, Shalimar, Mary Esther, Freeport, Okaloosa Island, and vicinity. www.RulnickRealty.com Call 1-850-650-7883 or Toll … (0 comments)
destin real estate: 151 SNOWDRIFT RD, DESTIN FL 32550 - 03/04/08 08:33 AM
It's Wendy! Wendy Rulnick, Broker, CRP, CRS, GRI, ABR Rulnick Realty, Inc. Specializing in SHORT SALES and FORECLOSURES on the Emerald Coast of Florida: Destin, Santa Rosa Beach, Fort Walton Beach, Niceville, Navarre, Seagrove Beach, Watercolor, Sandestin, Seaside, Dune Allen, Blue Mountain Beach, Freeport, Rosemary Beach, Mary Esther, Shalimar, Eglin AFB, Hurlburt Field. … (0 comments)
destin real estate: Countrywide Short Sale: Case Study - 03/01/08 12:30 PM
Following is a case study of a Countrywide short sale negotiating process.
Property: Single family home in Navarre, Florida- an investment property with tenants
Seller Hardship: Rent does not cover mortgage payment, medical, job loss
List Price: $142,000
Seller Mortgage: $188,000
Offer: $135,000
Countrywide Appraisal: $152,000 (higher than list price)
Buyer Counter: … (51 comments)
destin real estate: 265 BAYSHORE DR, DESTIN FL 32550 - 03/01/08 12:03 PM
It's Wendy! Wendy Rulnick, Broker, CRP, CRS, GRI, ABR Rulnick Realty, Inc. Specializing in SHORT SALES and FORECLOSURES on the Emerald Coast of Florida: Destin, Fort Walton Beach, Santa Rosa Beach, Niceville, Crestview, Seagrove Beach, Seaside, Sandestin, Blue Mountain Beach, Mary Esther, Shalimar, Freeport, Navarre, Watercolor. 1-877-487-9639 or itswendy@rulnickrealty.com www.ShortSaleForeclosureHelp.com www.RulnickRealty.com … (0 comments)
destin real estate: 4337 Sunset Beach Blvd, Niceville,FL 32578 - 02/20/08 08:19 AM
It's Wendy! Wendy Rulnick, Broker Rulnick Realty, Inc. 1-877-487-9639 or 850-650-7883 Specializing in SHORT SALES and Foreclosure work-outs on the Emerald Coast of Florida: Destin, Niceville, Santa Rosa Beach, Fort Walton Beach, Crestview, Navarre and vicinity. www.RulnickRealty.com or www.ShortSaleForeclosureHelp.com … (0 comments)
destin real estate: Buying Short Sales - 02/17/08 11:59 AM
Buying a Short Sale? What is the Process?
When you write your offer for a Short Sale, your agent should insert language into the contract that states the contract is "Contingent on seller's mortgage holders' approval".
Often, lenders require Short Sale properties to be sold in "as is" condition, thus not … (14 comments)
destin real estate: Countrywide: Existing Home Equity Lines Slashed - 02/15/08 09:42 AM
Countrywide has been sending letters to their existing home equity line borrowers in my market on the Emerald Coast of Florida. They are decreasing home equity line values. The letters read: "Countywide Home Loans is reviewing and analyzing home equity lines of credit in its servicing portfolio. As you know, home values … (3 comments)
destin real estate: 124 Leeward Dr., Destin, FL 32541 - 02/09/08 10:07 AM
It's Wendy! Wendy Rulnick, Broker, CRP, CRS, GRI, ABR Rulnick Realty, Inc. SHORT SALE and PRE-FORECLOSURE assistance. Serving the Emerald Coast of Florida: Destin, Santa Rosa Beach, Fort Walton Beach, Niceville, Crestview, Navarre. Call Wendy at 1-877-487-9639 or 850-650-7883. Email for Short Sale assistance itswendy@itswendy.com For Short Sale help go to www.ShortSaleForeclosureHelp.com Search all Emerald Coast … (2 comments)
destin real estate: 710 Legion Drive, Unit G2, Destin, FL 32541 - 02/08/08 03:08 PM
For More InformationContact Wendy Rulnick, Rulnick Realty, Inc. 877-487-9639 email itswendy@rulnickrealty.com SEARCH ALL EMERALD COAST LISTINGS HERE It's Wendy! … (0 comments)
destin real estate: Homeowners Insurance: I Was Dropped - 02/04/08 04:59 PM
I thought I had it made. My Florida Allstate homeowners insurance policy was only $1900 last year. That is almost unheard of it my part of Florida-- Destin, on the Emerald Coast. I got my policy that low by doing two things. One was by having my builder fill out a construction … (7 comments)
destin real estate: Destin Market Comparisons - 02/03/08 10:53 AM
if you want to buy a home in Destin, you have quite a selection. There are currently 1040 houses, 1945 condos, 235 townhomes and 407 lots for sale. Here is a look at the history of sales in Destin for the past year-- houses only. We'll cover Destin condos in an … (0 comments)
destin real estate: Green Building - What Do Buyers Want - 02/01/08 11:15 AM
My green builder, Felix Beukenkamp, will be offering "Green" homes in the Hammock Bay subdivision in Freeport, Florida. He is a member of the Florida Green Building Coalition www.floridagreenbuilding.org. We are in active discussions regarding what buyers want in Northwest Florida for "green" and what they will pay for. The price … (0 comments)
destin real estate: Per Diem Penalty- Forget About It! - 02/01/08 09:32 AM
Short Sale lenders don't always enforce the per diem penalty should the buyer not close on time. I just had a Countrywide negotiator in a panic when I told him the buyers were walking, tired of waiting so long. He emailed me back and offered up "We'll drop the per diem and give … (12 comments)
destin real estate: Welcome Janice Fiaschetti - 01/31/08 04:18 PM
I want to welcome my friend and mentor, Janice Fiaschetti, of Avion Real Estate http://avionrealestate.com/ in Connecticut, to Active Rain. Back in my great home state, Janice taught me REO when I was newly licensed, about 19 years ago. What fun I remember, and what training in details. Talk about turning in … (0 comments)
destin real estate: For Sale By Owners Calling ME - 01/31/08 09:13 AM
In the last two days I've had two unsolicited calls from For Sale By Owners. 1. My market is the Emerald Coast of Florida. I had a builder call me from North Georgia asking if I had anyone that might want to trade a condo for a house there. Hmmm. I … (2 comments)
destin real estate: Qualify Your Short Sale Selling Agents - 01/30/08 10:05 AM
I've been working a Countrywide short sale (one of many) since November, and finally got approval yesterday. The Countrywide demand letter stipulated closing by January 31. After weeks of the buyers' agent asking for final approval, I am now told the buyers may not be able to close on time. They want seven … (13 comments)
destin real estate: No TV No Internet No Power - 01/30/08 09:17 AM
Another relaxing morning! Forced. Today I had a reprieve from my usual morning routine. I am usually up early, tablet PC in hand, on my lap, checking and responding to email, while I have my bagel and tea and watch the morning news. Then I check the hotsheet, the online showing … (5 comments)
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Yesterday I was riding the bike at Gold's Gym in Destin FL. One of my sellers, whom I originally met there, popped onto the bike next to me. He said, "Alan Greenspan says the housing market will recover by mid-2009, what do you think?" Greenspan pointed out that there has been … (8 comments)
