Real estate blog entries tagged with destin short sale help by Wendy Rulnick, "It's Wendy... It's Sold!" (Rulnick Realty, Inc.)

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destin short sale help: RBC Centura: Attaching Cars in Short Sales? - 02/11/08 02:46 AM

Is RBC Centura taking cars in return for Short Sales? Or is this just a hard line they are giving their borrowers?
Scenario: Seller owes $360,000 on a lot he purchased in Santa Rosa Beach, Florida. He has drained savings to keep up with the payments, and has nothing left, short of his IRA retirement saving account.
Market: There is a 10 year inventory of lots for sale, and those in the subdivision are now listed in $140,000's. If his lot could even sell, there would be over $200,000 shortfall.
RBC Says to Seller: Yes, they will allow seller to do a Short … (24 comments)

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