My Best Destin Short Sale - And It Never Happened!

Real Estate Broker/Owner with Rulnick Realty, Inc.



Destin short sales

The Destin Florida  couple called me after they had run out of options.  The wife’s income had been cut in half, and the husband had been laid off from two different jobs in the past year.  They had three children-- and their dream home.  The house was custom built, and they had put a lot of thought into the details.  The husband showed off his hand-hewn railings, the Palladian windows, the unique floorplan.  The wife was proud of how spotless it was, despite the three teenagers and dog.  It was breaking their hearts to come to this.

They were three months behind on their mortgage.  No job in site.  They had spotless credit.  This was the point of giving in.  Their bank would make no arrangements to help them out.  They had no choice.  The only option they found was to do a short sale.  The couple could no longer stay in their beautiful home, and were going to move out of state to seek work.  Florida has one of the highest unemployment rates in the country, at almost 11%. 

I listed their Destin home as a short sale.  Immediately the calls came from agents with buyers eager to see this stunning property.  For two months, we marketed it and entertained showings.  Each time the couple was eager for feedback.  “How can we make it nicer?” they always asked.

Finally, the news came.  I had to take the home off the market.  Forget about the short sale!  The husband got a job!  It paid more than his previous job!  They would be able to catch up on their payments and keep their house.  I was excited for them and happily withdrew the home for sale.

Sadly, this is the first such story I have had since the Destin short sale market began.  Most of my sellers have had to move out of state looking for work.  Perhaps, though, this is the start of a new trend, and more homeowners will be able to find jobs and keep their property.  I will be at their service either way.

It's Wendy!

Wendy Rulnick, Broker, CRP, CRS, GRI, ABR     Rulnick Realty, Inc.

Destin FL Real Estate

Destin Short Sales & Pre Foreclosure Help.

Read Wendy's Destin Real Estate Blog

Call toll-free 1-877-ITS-WNDY (1-877-487-9639) or local 850-650-7883 ext 204

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Wendy is a short sale and pre-foreclosure specialist and has been featured in "Kiplinger Personal Finance Magazine" and "Florida Realtor Magazine". Call Wendy Rulnick, Broker/Owner,to list and sell your home or condo on the Emerald Coast of Florida in Walton, Okaloosa and Santa Rosa County-  Destin, Santa Rosa Beach, Fort Walton Beach, Niceville, Bluewater Bay, Navarre, Seagrove Beach, Watercolor, Sandestin, Seaside, Crestview, Rosemary Beach, Mary Esther, Shalimar, Eglin AFB, Hurlburt Field. 

Posted by

"It's Wendy... It's Sold!"

Wendy Rulnick, Broker/Owner Rulnick Realty, Inc.

Call Wendy Rulnick 1-850-259-0422

email property searches and community info

Wendy Rulnick helps real estate buyers and sellers on the Emerald Coast of Florida.

Rulnick Realty


Comments (18)

Judy Chapman
Referral Network of Illinois LLC - Chicago, IL

A lovely end to your story!

Oct 06, 2009 11:33 AM
Wendy Rulnick
Rulnick Realty, Inc. - Destin, FL
"It's Wendy... It's Sold!"

Judy - I was/am SO HAPPY FOR THEM! 

Oct 06, 2009 11:34 AM
Bryant Tutas
Tutas Towne Realty, Inc and Garden Views Realty, LLC - Winter Garden, FL
Selling Florida one home at a time

Awesome Wendy! I wish more folks could pull out of their hardship and make things work. Good for them!!

Oct 06, 2009 12:18 PM
Satar Naghshineh
Satar - Amiri Property and Financial Services Corp. - Irvine, CA

That's good news! Congrats. I tell my clients in this situation to get a forbearance agreement until they can find a new job. If that fails, then we go down the short sale path.

Oct 06, 2009 12:20 PM
Steve Loynd
Alpine Lakes Real Estate Inc., - Lincoln, NH
800-926-5653, White Mountains NH

Wendy, I proud to say I know you...this is the kind of story a true real estate professional is happy to share and the positive outcome for a nice family should always outweigh any income that you may have eventually derived from a forced sale. Good for your new friends and good for you for being fine with the outcome.

Oct 06, 2009 01:08 PM
Steve Shatsky
Dallas, TX

Hi Wendy... I had a very similar situation with a listing earlier this year.  The seller actually offered to pay me for the time I had spent marketing his property while I had it listed.  I told him to put the money toward making up his back payments.  It made my whole day to see someone genuinely come out ahead with their life intact like that! 

Oct 06, 2009 01:53 PM
Jimmy Williams (352) 874-2354
Keller Williams Elite Partners IV - Mount Dora, FL
Lake and Western Orange County Real Estate Expert!

It is heart warming to hear of something good for what you have described as awesome folks.

Oct 06, 2009 02:40 PM
Debe Maxwell, CRS | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Hi Wendy!  GREAT story--sad that it's your first but, hopefully this is a sign and it won't be your last!  Love the post and your graphic too!

Have a wonderful Wednesday...

Debe in Charlotte

Oct 06, 2009 03:06 PM
Jim Palmer
Chipola Realty - Chipley Office (850) 638-2777 - Sunny Hills, FL
Washington County, Florida

Truly a heartwarming story. Of all the commisions I have lost over my 17 years, this is the type that I would be proud to lose. Let's hope that we are truly seeing a turn around in our markets.

Oct 06, 2009 10:51 PM
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

We have had this happen once as well....they are a part of our sphere and our biggest cheerleaders with the biggest grins...and that is bigger than any commission check.

Oct 07, 2009 12:00 AM
Laurie Hellmer, Dowtown Chicago Lofts and Chicago Neighborhood Realty
Real People Realty - Chicago, IL

It is nice to read a short sale story where things worked out for the sellers.

Oct 07, 2009 12:28 AM
Sharon Senger
tcDocs - Seattle, WA
Licensed Transaction Coordinator


I love a happy ending :)

Thank you for posting some great news regarding a short sale!

Best wishes


Oct 07, 2009 12:50 AM
Wendy Rulnick
Rulnick Realty, Inc. - Destin, FL
"It's Wendy... It's Sold!"

Thanks, Bryant!

Satir- That is  a good idea, too.

Steve Loynd- Thank  you, double happiness is knowing they got the job, PLUS there may be some jobs out there!

Steve Shatsky - That is heartwarming.

Jimmy - Indeed.

Debe - As a matter of fact, yesterday another one of my sellers got a good job!  Too late to save his investment property, and he'll have an hour drive to work, but he got a job!

Sally & David - Absolutely.

Laurie - Would like more of them.

Sharon - Thank  you!




Oct 07, 2009 01:12 AM
William J. Archambault, Jr.
The Real Estate Investment Institute - Houston, TX


God blessed the home owners!

This was the situation that short sales are best able to help.

But, Wendy! "They were three months behind on their mortgage.  No job in site.  They had spotless credit"   This is fallacy, an urban myth! Even when it's not their fault, even with a great excuse, you can not be three months behind and have spotless credit!

Regardless, this is a great story to start the day with.



Oct 07, 2009 01:52 AM
Melissa Zavala
Broadpoint Properties - Escondido, CA
Broker, Escondido Real Estate, San Diego County

Well, that is great for the homewoners. You do not hear too many stories like this one! Looks like you have some other fabulous listings!

Oct 07, 2009 04:38 AM
Laura Giannotta
Keller Williams Realty - Atlantic Shore - Little Egg Harbor, NJ
Your Realtor Down the Shore!

Wendy, I'd love to read more happy stories like this!  Thanks for helping me start my week with an optimistic attitude!

Oct 12, 2009 12:47 AM
Wendy Rulnick
Rulnick Realty, Inc. - Destin, FL
"It's Wendy... It's Sold!"

Bill - OK I should have said "they had had spotless credit"!!

Meilssa- Happiness is.... 

Laura - I  like it, too, I wish there were more of them to tell.


Oct 13, 2009 11:14 AM
Speed Equity® Mortgage Acceleration System
Speed Equity® - Olympia, WA
We help your clients Own Their Homes Years Sooner

It's nice to know that miracles are happening out there. I know of a few people that need such luck.

Aug 10, 2010 05:48 PM