saxon short sales: Just Sold - 801 Loblolly Bay Dr.,Driftwood Estates, Santa Rosa Beach FL - Short Sale - 11/09/10 04:08 PM
This ample home at 801 Loblolly Bay Dr. in Driftwood Estates just sold!. It is over 2400 square feet, with an open floorplan. The living, breakfast area and kitchen are all combined for great gatherings. This home has a formal dining room and grand entry, with a beautiful stair case. Driftwood Estates is in the Mack Bayou area of Santa Rosa Beach. It is well-located near Sacred Heart Hospital, fine dining and upscale shopping on Grande Boulevard and Sandestin. Emerald Coast beaches are a few minutes away.Saxon Mortgage approved this short sale and a sale price of $175,000. Do you own a … (4 comments)
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saxon short sales: Saxon Approves Short Sale in Driftwood Estates, Santa Rosa Beach Florida - 07/05/10 02:30 PM
This home at 801 Loblolly Bay Drive was just approved by Saxon Mortgage as a short sale. Original Saxon Mortgage balance: $300,000 apprSales Price and Current Market value: $194,000 apprTime for Approval: 35 daysThis Driftwood Estates short sale was also approved a couple of months ago by Saxon for a different purchaser. The previous buyer defaulted on the contract and lost his earnest money deposit. Even though the second buyer submitted an identical offer, Saxon had to go through its approval process all over again.How is this Saxon short sale reported to credit bureaus?
If you need to sell your Driftwood Estates home as a short … (2 comments)
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saxon short sales: Saxon Approves Driftwood Estates, Santa Rosa Beach FL Short Sale in 15 Days! - 04/21/10 06:22 PM
Miracles? Saxon Mortgage quickly approving a short sale? Compared to Saxon horror stories of the past, this Mack Bayou, Driftwood Estates short sale in Santa Rosa Beach Florida - was a dream! Here is the story:Property: House in Driftwood Estates, Santa Rosa Beach, FLMortgage: Saxon - balance $300,000Offer: about $190,000Promissory Note: -0-
Cash Contribution: -0-Approval Time: 15 days! Keys to Approval: Strong contract at fair market value, no extraneous closing costs, complete short sale package prepared. Diligent follow up by listing agent with Saxon.If you need to avoid foreclosure, and do a Santa Rosa Beach short sale, consider hiring an experienced Santa Rosa Beach short sale agent.
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saxon short sales: 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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