Monday, June 25, 2012

Indian Lake, Destin Short Sale Approved - Green Tree, Bank of America


Indian Lake short sale
Bank of America and Green Tree just approved this Indian Lake condo unit, Destin Florida for short sale. This was an investment property, never occupied by the owner. Here are the details:
Bank of America – Senior Lien – Balance: $165,000 appr
Green Tree Servicing – Junior Lien – Balance $16,500
Sale Price: $65,000 appr
NOTES: In this case, Green Tree had recently taken over the servicing for the junior lien, which was previously held by Bank of America. We asked Bank of America for $3000 to pay the junior lien, Green Tree, from the sale to release its lien. They agreed. Green Tree was going to issue an approval, but would not mark the account settled or "paid in full for less than full balance", for the $3000. I asked Green Tree what it would take to “settle” the account, so the seller would not have a deficiency judgment. They requested $6000 total. The seller agreed to pay the difference, or $2070 above what Bank of America was paying Green Tree. Bank of America also waived its deficiency and will not pursue the seller for the remaining balance of the mortgage note.  Destin Florida property owners who are considering short sale to avoid foreclosure of non-owner occupied property should be prepared to contribute a dollar amount to all liens to “settle”, with either a cash contribution, a promissory note, or both.
Ready to start your Destin short sale? Consult an attorney and 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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Wednesday, June 20, 2012

Treat Your Lot Listings with Respect for Quicker Sales


 
marketing Destin lots
The other day I was searching my local MLS for lot listings in Destin or Niceville Florida. Who was the buyer? Me! So, with the eyes of a buyer and buyer’s agent, I looked for a suitable lot to potentially build a new home. What I found astonished me.
Lot listings in Destin with no photos, lot listings in Niceville with only the remarks “Foreclosure”. Fuzzy plat sketches. Incorrect plat maps. Wrong links to the property appraiser website. No lot size listed.  No acreage listed.  I could go on and on! So, with 346 lots for sale in Destin, Miramar Beach and Niceville, Florida, what is a buyer to do? ELIMINATE the lots with incomplete information from their search. That’s exactly what I did.
It seems that some real estate agents don’t give their lot listings the attention they deserve.
Are you listing vacant land for sale? Here are my suggestions for a complete listing that will help get the lot sold for your client:
1. Take multiple photos of the lot. It might just be some trees or grass, but believe me, an interested buyer will appreciate them.
 
2. Take photos of the neighborhood amenities, community pool, playground, walking trail, etc.
 
3.  Upload the lot survey.
 
4.  Include lot dimensions and acreage calculation.
 
5.  Include an aerial photo of the lot, if available.
 
6.  If a coastal property, include a map showing the location of the DEP Coastal Construction Control Line.
 
7.  If the property is in a notable flood zone, include a Firmette from the FEMA Map Service Center (with the caveat that the buyer is to verify this with his own insurer).marketing Destin lots
 
8.   Provide Architectural Guidelines, if feasible size-wise, and the association documents.
 
9.  Have a builder or architect design a plan that could go on the lot, and include sketches and price for construction.
 
10. Include a link to the lot Zoning allowances (with instructions for buyer to independently verify).
 
11. If public water and sewer are available, provide information about cost to hook up.
 
12.  If it’s a large parcel, include the development status or whether animals, horses, etc. are allowed (with a source document or link).
 
Thorough information will increase your chance of selling lots for your clients in a timely manner. Potential buyers won’t just “move on”. Vacant land is not the easiest type of real estate to sell. With a complete listing, treated with the same respect you would show a house listing, your chances of success will go up.
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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Monday, June 11, 2012

130 Shoreline Dr., LaGrange Shores, Freeport FL - Waterfront Home


Freeport Florida waterfront home
Divine waterfront home at 130 Shoreline Drive on LaGrange Bayou in Freeport Florida on 1.25 acres. Striking in every detail. Impressive entry with a framed water view punctuated by double staircases in Brazilian cherry wood. This 3500 square foot home in LaGrange shores has 10-20 foot ceilings in the first floor. Living room with double-sided fireplace, wetbar with wine cuvee and refrigerator. Formal dining room and front parlor with cherry floors. Kitchen is a cook's masterpiece. Granite counters, cherry cabinets, tile backsplash, ambient lighting, G.E. Monogram appliances, two ovens with convection option, separate warming oven, pot filler, instant hot, two sinks, one in center isle. Master bedroom is first floor with wall of windows to the water. All baths are luxurious - custom vanities, multiple spray showers, whimsical sinks, upscale fixtures. Door fixtures custom. Security system, central vac, two air conditioners, surround sound in living room and master bedroom. Three car side entry garage with sink.
130 Shoreline Dr., LaGrange Shores, Freeport Florida - waterfront home offered for $629,000
Freeport Florida waterfront homeLaGrange Shores waterfront homeFreeport Florida waterfront homeFreeport Florida waterfront homeFreeport Florida waterfront homeFreeport Florida waterfront homeFreeport Florida waterfront homeFreeport Florida waterfront homeFreeport Florida waterfront home
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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7811 Gulf Blvd, Navarre Beach Florida - Gulf Front Lot for Sale


Navarre Gulf Front lot
Build your direct gulf front dream home on Navarre Beach, Florida. This waterfront lot at 7811 Gulf Boulevard offers you a commanding setting to take in the gulf views, sugary sand, bright splashes of sunshine and orange-hued sunsets. The lot has about 50 feet on the Gulf of Mexico. Navarre Beach is convenient to Pensacola and Hurlburt Field and Gulf Islands National Seashore, with eight miles of nature, dunes, sea turtles, fish and birds. If you need a builder for your new waterfront home, we have one.
7811 Gulf Blvd, Navarre Beach Florida 32566 - Offered for $369,000
Navarre Gulf Front lotNavarre Gulf Front lotNavarre Gulf Front lot
 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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Cessna Landing, Waterfront Lot, Santa Rosa Beach FL



Cessna Landing
 
Water front short sale lot in Santa Rosa Beach Florida on the bayou in Cessna Landing. Watch the boats, birds, and waves from your new home site. This is a gated community with a crisp, inviting pool which is across the street from this parcel for easy dips! There is a beautiful walkway to the water, underground utilities, brick pavers, basketball court, picnic area and playground. This Cessna Landing lot on the bayou is off Choctawhatchee Bay.
 
This Lot, W-8, Cessna Landing is about one-third acre. Offering price: $67,900
 
Cessna LandingCessna LandingCessna LandingCessna Landing
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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