Real estate blog entries tagged with saxon mortgage by Wendy Rulnick "Its Wendy!" Destin FL Short Sales (Rulnick Realty, Inc.)

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Home : Blogs : Wendy Rulnick "Its Wendy!" Destin FL Short Sales : Destin Short Sales & Real Estate Blog : Tag "saxon mortgage"

saxon mortgage: Saxon Approves Short Sale in Santa Rosa Beach Florida - 08/21/09 08:33 AM

This is not your average approval for a short sale property in Santa Rosa Beach Florida. Look below at the letter from Saxon Mortgage. See the amount to the junior lien, Citi Mortgage?Citi is owed about $99,000 as a junior lien and requested $24,000 to release their security interest. "Ha!" You laugh, "$24,000?" That is insane! But Saxon Mortgage agrees to pay Citi 10% of their outstanding balance, or $9,946.Of not happy note, is the statement that any extensions beyond the closing date will result in 1% commission cut. That is fascinating, as I will try to prevent … (15 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

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