Crestview VA Compromise Sales

This Antioch Estates home in Crestview Florida was just approved for VA Compromise Sale.  It was an unusually swift approval for a short sale!  Here are the details:

Mortgage Holder: BB&T

Original Balance: $205,000 appr

Current Market Value: $150,000 appr

Short Sale Deficiency: none

Time for Approval: 33 days

Reason for sale: Eglin AFB military PCS (permanent change of station)

Did you know that VA Compromise Sales don't normally have deficiency judgments?  They will, however, exclude any unpaid entitlement from your future VA entitlement until you choose to pay it back. Here is the information from the  VA Home Loan Program:

"The VA guaranty, which protects the lender against loss, encourages the lender to make a loan with terms favorable to the veteran. But if you fail to make the payments you agreed to make, you may lose your home through foreclosure, and you and your family would probably lose all the time and money you had invested in it. If the lender does take a loss, VA must pay the guaranty to the lender, and the amount paid by VA must be repaid by you. If your loan closed on or after January 1,1990, you will owe the Government in the event of a default only if there was fraud, misrepresentation, or bad faith on your part."

If you are contemplating VA Compromise Sale because you have a required PCS move from Eglin AFB, Hurlburt Field, or Duke Field, contact me to find out how this program can work for you - itswendy@rulnickrealty.com

 

It's Wendy!

 

Wendy Rulnick, Broker, Rulnick Realty, Inc.
Call toll-free 1-877-487-9639 or local 850-650-7883 ext 204

 

Wendy Rulnick is knowledgeable in all aspects of short sale, including VA Compromise Sale, FHA HUD pre-foreclosure sale, HAP military PCS, HAFA, Bank of America Coop program and more.   Wendy Rulnick sells real estate in Destin, Santa Rosa Beach, Fort Walton Beach, Niceville, Bluewater Bay, Navarre, Seagrove Beach, Watercolor, Sandestin, Seaside, Crestview, Rosemary Beach, Mary Esther, Shalimar, Panama City Beach, Eglin AFB, Hurlburt Field. 

                                                                  Rulnick Realty 
                      

Wendy Rulnick is the marketing choice for sellers on the Emerald Coast who want to list and get their homes and condos sold in Destin, Sandestin, Bluewater Bay, Santa Rosa Beach, 30-A, Watercolor, Seaside, Rosemary Beach, Seacrest Beach, Kelly Plantation, Regatta Bay, Destiny and more.

www.ItsWendy.com 

www.ShortSales-EmeraldCoast.com

Co-Founder www.ShortSaleSuperstars.com  national network

Email Wendy Rulnick

call Wendy 1-850-650-7883

 

3 Comments on Antioch Estates, Crestview FL - VA Compromise Sale Approved by BB&T

AUG
01
1,392,352 Points 28 Featured Posts Hit Router Called Shot Master

Because of your knowledge and expertise, you've just gave a buyer a great opportunity and helped a seller from big financial distress, great work, Wendy.
5:05am • #1
424,967 Points 39 Featured Posts Hit Router Called Shot Master

Gabe - Thank you so much!
11:44am • #2
AUG
03
620,125 Points 8 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

You do some good work Wendy, I agree with Gabe, you helped the seller from a financial stress situation!
2:57pm • #3

Login or register to leave a comment
 
Wendy_grey_big Rainmaker_large

Wendy Rulnick Destin FL Real Estate

Destin, FL

More about me…

Rulnick Realty, Inc.

Address: 12889 Emerald Coast Pkwy West, Ste. 107-A, Destin, FL, 32550

Office Phone: (877) 487-9639 x 204

Email Me

Author Bio: Wendy Rulnick, Rulnick Realty, Real Estate Broker in Destin Florida and all surrounding towns

The market. Smart sellers. The Emerald Coast of Florida.


Listings

Links

Archives

RSS 2.0 Feed for this blog

Find FL real estate agents and Destin real estate on ActiveRain.