Wednesday, September 29, 2010

The Palms, Destin Florida - Short Sale Approved


This beautiful condo unit at The Palms in Destin Florida was just approved for short sale.

Lender: Bank of America

Payoff: $324,000

List Price: $124,000

Notes: Bank of America initially rejected the buyer's offer of $100,000. They countered $119,000 in Equator, the bank's online negotiating platform. The buyer would not come up in value. Instead of simply clicking "no" i.e. rejecting the bank's counter-offer in Equator, I called and emailed the negotiator to find a solution. Otherwise, the file might have been closed. The seller also agreed to participate in the loss with a cash contribution.

Result? Approved!

If you need to short sell your condo in The Palms, in Destin Florida, contact an experienced Destin short sale agent.


It's Wendy!

Wendy Rulnick, Broker, Rulnick Realty, Inc.

Call toll-free 1-877-487-9639 or local 850-650-7883 ext 204

Email Wendy: itswendy@rulnickrealty.com

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