Friday, December 10, 2010

Chase Approves Ariel Dunes, Miramar Beach Florida Short Sale

Chase is getting better as a short sale servicer. They approved an Ariel Dunes, Miramar Beach, Florida condo short sale in 45 days!

The nitty-gritty:

Chase Senior Lien: $500,000 balance

Chase Junior Lien: $70,000 balance

Sale Price: about $300,000

Chase would not pay past due association fees because the association had not filed a lien.

We did obtain a waiver of deficiency (monies owed on the unpaid balance) by settling with a small seller cash contribution at closing. Chase also considered the fact that the HELOC was not used to purchase "toys" and other tricks we'll give to our next Chase short sale seller!

If you need to sell your Miramar Beach Florida condo as a short sale to avoid foreclosure, contact an attorney and an experienced Miramar Beach short sale agent.

It's Wendy!

Wendy Rulnick, Broker, Rulnick Realty, Inc.

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

Email Wendy: [email protected]

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