Today's Mission: To prove to Citi short sale negotiator that market values have declined in my area.
Scenario: House with short sale offer for $225,000.
First Mortgage: Saxon - $258,000
Second Mortgage: Citi - $80,000
What Citi Negotiator Says: "How could value be so low?"
Wendy: "The market"
Citi: "Hmmph... I don't believe that market c*&p. I'll do my research"
Wendy: "There is a six year inventory of houses in the market area"
Citi: "We're not just taking $1000 or $3000 offer. I'll just let it go to foreclosure. I'll make this short and sweet. We'll just walk away and the first won't be able to accept the short sale. Get me the hardship letter and HUD and I'll get back to you. That's why I got into this business, because I am experienced." (true rendition)
Wendy, should you choose to accept this mission, and educate a Citi negotiator, you may save a man from foreclosure.
Mission accepted.
It's Wendy!
Wendy Rulnick, Broker, CRP, CRS, GRI, ABR Rulnick Realty, Inc.
SHORT SALE and PRE-FORECLOSURE SOLUTIONS. Serving the Emerald Coast of Florida: Destin, Fort Walton Beach, Santa Rosa Beach, Niceville, Navarre and vicinity. Call 1-877-487-9639 or (850) 650-7883.
Short Sale Information go to www.ShortSaleForeclosureHelp.com or www.ShortSales-EmeraldCoast.com
Search all Emerald Coast listings at www.RulnickRealty.com
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