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usda short sales: 781 Majestic Blvd, Crestview FL - Bank of America USDA Short Sale Approved - 04/13/12 05:42 AM
  
This Eagles Landing short sale at 781 Majestic Boulevard was just approved in Crestview Florida.  It was a tedious process because the investor for the mortgage was Ginnie Mae USDA.  Here are the details: Mortgage Holder: Bank of America
Original Mortgage: appr $135,000
Current Market Value: appr $65,000
Other Liens: Yes
Time for Approval: 4.5 months
Notes: This short sale process was lengthy. Why?  Bank of America does not handle its Ginnie Mae USDA short sales in Equator, their online processing platform. In addition, only a few negotiators at Bank of America are qualified to handle these type of files.  The … (1 comments)

usda short sales: USDA Chase Short Sale Approved - Santa Rosa Beach Florida - 01/25/12 06:39 PM


This Church Street home in Santa Rosa Beach Florida was originally purchased as a short sale in 2009.  For the second time, it is being sold as a short sale, just approved by J.P. Morgan Chase. The mortgage was backed by Ginnie Mae, and was a USDA loan, which offers  mortgages to rural areas throughout the U.S.  Lender: ChaseMortgage Type: Ginnie Mae USDABalance: appr $220,000Junior Liens: noneSale Price appr $200,000Seller Cash Contribution: -0-Seller Promissory Note: -0-Deficiency: noneAlthough Chase's short sale approval letter did not specifically address a waiver of deficiency, the Chase negotiator quoted me USDA loss mitigation guidelines, which state there … (7 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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