Freeport Florida Short Sales

Contact Wendy Rulnick, Freeport Florida short sale agent for help at 850-650-7883 ext 204 or email   


 This beautiful home on Clubhouse Drive, Windswept Estates, Freeport FL was just approved for short sale. This golf course home has a great view of the 3rd hole and green of Windswept Dunes, the longest golf course in Florida.

The senior lienholder was Bank of America. They approved this Windswept Estates short sale with full waiver of deficiency. The junior lienholder was Vystar Credit Union. Vystar released its lien only, and made private arrangements with the homeowner for the rest of the funds.One little "hitch" in this Freeport Florida short sale approval was the homeowner association dues. There was an outstanding balance that must be paid at closing. Bank of America only agreed to a partial payment. We negotiated with the homeowner assocation to accept a lower amount. Result? Ready to close.

If you need to sell your Windswept Estates, Freeport FL home to avoid foreclosure, be sure to contact an experienced Freeport Florida short sale agent.
 This home at 213 Concert Court in Hammock Bay, Freeport Florida, has been approved to close as a short sale.

Purchase Price: $170,000 appr

Wells Fargo mortgage balance: $230,000 appr

Chase mortgage balance: $60,000 appr

Factors: Wells Fargo delayed their approval process until the junior lien, Chase issued their own approval. Chase delayed their approval due to reorganizing internal departments. Chase also got aggressive with a settlement demand from the seller, which took time to negotiate.

Reminder: Consider keeping your second mortgage or equity line current if you are doing a short sale. If you don't, your file may be sent to a debt collection agency, or to the lender's charge-off department. You can still do a short sale, but the creditor may not be as lenient.

If you are trying to avoid foreclosure, consult an attorney and an experienced Freeport Florida short sale agent.

It's Wendy!


Wendy Rulnick
Rulnick Realty, Inc
Ph: 850-259-0422Fax:1-866-888-7792
12889 Emerald Coast Pkwy #107-A
Destin, FL 32550 US