Emerald Coast Short Sale Sellers: If You Want Me to Help "YOU" - You've Got to Help "Me"

Are you enlisting me to help you sell your Short Sale? I know you've been through a tough time of late. I understand, and empathize. I want to help you out of your situation with an upside-down mortgage, a need to sell your property, and a way to avoid foreclosure. I will go "all out" to help you. I will implement a 60-point checklist. I will organize your documents. I will call your lenders. I will get you a written offer for your property, and prepare a package for approval that will be hard to deny. During that time I will have made an average of 68 phone calls, sent dozens of emails, faxed a hundred pieces of paper and expended weeks of man-hours on your behalf. I will do my part-- and if you are denied-- it won't be because of me. But guess what? YOU have to help. I cannot do it alone. So, before signing on the dotted line and hiring me to help you with your Short Sale, I need a commitment. YOU, the Short Sale seller, promise and commit to the following:

You will return your listing paperwork to me within 3 business days. That includes property disclosure, mold disclosure, condo disclosure, homeowners association or any other applicable disclosures. I cannot represent your real estate properly without the same.

You will return your Short Sale documents to me within 3 business days. This means your hardship letter, last two years tax returns, financial worksheet, letters of authorization, paystubs and bank statements as I require. If you don't disclose your financial information, you are NOT going to get approved. If I don't have authorization to speak with your lender, I won't be able to help you.

You will keep your house presentable to show. Please move your truck for your photograph and close the garage door. Please vacuum the dog hair. Please pick up the clothes and dishes.

You will provide a key for access to your house. I will install a lockbox. I cannot sell your home by "appointment" only.

You will not rent the property for one-year term, with no early termination. I cannot get an investor to buy your property in this market with a one-year lease.

You will disclose any liens on your property. You will not "forget" there is a second mortgage. Or an IRS tax lien. If you do, you are wasting your time, my time, your lenders's time, the buyer's time and the buyer's agent's time.

You will inform me of any paperwork you receive from your lender, especially a Motion for Summary Judgment. I need to know how long we have to sell the property, or I cannot do my job.

You will not remove appliances. You will not strip the oven, dishwasher, microwave and garage door opener. This will lower your market value in such a way that your lender's appraisal will not adequately reflect the damage, and your Short Sale may not be approved.

You will consult an attorney and/or accountant. When I tell you that you need to consult a lawyer or tax specialist, you will not speculate. When I tell you I am a licensed real estate agent and you have addressed an area outside my expertise, I mean it.

You will not "change your mind" in the middle of your short sale, or you will be prepared to pay a cancellation fee. Changing your mind includes doing a deed-in-lieu of foreclosure, trying to modify your loan or filing bankruptcy. If you do, you cannot expect my forthright efforts will have been for free.

You will not "change your mind" after you have signed a contract. In doing so, not only will you incur a cancellation fee, you may be sued by the buyer for performance, damages and maybe more. Consult with your attorney on that one.

You will respond to my emails and phone calls. Please don't hide from me. I cannot move forward when you are missing, in denial or don't know what you need to do.

You will take the Short Sale process seriously. When your lender, through me, asks for documentation, they mean it, too. They won't forget. If you don't provide the required documentation, they will deny your Short Sale and your file will be closed.

In summary, if you want to hire me to help you- I will perform. If you want to succeed, you must perform.

It's Wendy!
Wendy Rulnick, Broker, CRP, CRS, GRI, ABR Rulnick Realty, Inc.

Search Destin Florida real estate
Short Sale Pre Foreclosure Help.
Read my Destin ReaL Estate Blog.

Call toll-free 1-877-ITS-WNDY (1-877-487-9639) or local 850-650-7883 ext 204
Email itswendy@rulnickrealty.com

Wendy Rulnick specializes in real estate sales, short sales, traditional sales on Emerald Coast of Florida: Destin Florida real estate, Santa Rosa Beach, Fort Walton Beach, Niceville, Bluewater Bay, Navarre, Seagrove Beach, Watercolor, Sandestin, Seaside, Dune Allen, Blue Mountain Beach, Crestview, Freeport, Rosemary Beach, Mary Esther, Shalimar, Eglin AFB, Hurlburt Field. Wendy is in the top ½ percent resale agents on the Emerald Coast, and was featured in Kiplinger Personal Finance Magazine as a short sale specialist.
All Rights Reserved. *Emerald Coast Short Sale Sellers: If You Want Me to Help "YOU" - You've Got to Help "Me" Contact Wendy Rulnick regarding Destin Florida real estate and vicinity. Copyright © 2009 by Wendy Rulnick.
This site, Wendy Rulnick or Rulnick Realty, Inc. is not providing legal or tax advice. The information provided is for educational and informational purposes only. It is recommended that sellers considering a short sale should consult an independent legal and tax advisor for more information.

Destin Real Estate Broker Interviewed By Kiplinger Magazine

Wendy Rulnick has been interviewed by Kiplinger Personal Finance Magazine for an upcoming issue. The article will discuss "avoiding foreclosure" specifically with reference to short sales. Wendy Rulnick, a Destin Florida real estate broker, discussed short sales in depth, including hardships, investment property short sales, second lien holders, effects on military members, challenges in short sale approvals and more. Additionally, two of Rulnick's clients were interviewed by the magazine. The article will appear in the February 2009 issue.

Search Destin FL real estate
Short Sale Pre Foreclosure Help.

Call toll-free 1-877-ITS-WNDY (1-877-487-9639) or local 850-650-7883 ext 204
Email itswendy@rulnickrealty.com

Wendy Rulnick specializes in real estate sales, short sales, traditional sales on Emerald Coast of Florida: Destin Florida real estate, Santa Rosa Beach, Fort Walton Beach, Niceville, Bluewater Bay, Navarre, Seagrove Beach, Watercolor, Sandestin, Seaside, Dune Allen, Blue Mountain Beach, Freeport, Rosemary Beach, Mary Esther, Shalimar, Eglin AFB, Hurlburt Field. Wendy Rulnick, Broker and Realtor, has been selling real estate for almost 20 years. She has won numerous awards, including the coveted ADDY for advertising design. An expert marketer of real estate listings, she negotiates successfully to her dients' advantage. She is supported by a team of top buyer specialists. She lists and sells homes, condos and townhomes.

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Short Sales: What's The Hardship?

What are the hardships behind so many Short Sales? We've heard a few reasons on the news lately about why so many people can no longer afford their mortgage payments. We've heard mainly "Not qualified to buy the home in the first place" " Rate re-set to higher payment" "Scammed into getting mortgage". Well, in my area on the Emerald Coast of Florida, that's not what I am finding from my Short Sale sellers. I did a quick study of 61 active or recently sold Short Sales from Destin and Santa Rosa Beach to Navarre, Crestview and Fort Walton Beach FL. Here are the summarized hardships:

Loss of Income: 51

Job Transfer: 4

Medical: 3

Divorce: 2

Fraud: 1

Most of my sellers lost their jobs. Or they lost significant income due to the economy. I have sellers who were in construction, building residential homes, laying tile. They have little work. I have salespeople, from real estate to cars, who can no longer make it. Some of the sellers had a combination of income loss and medical bills. Several of them have been forced to move out of the area to find work. A few are military, with no choice but to relocate when the Air Force orders them. Should some of these sellers not have been able to quality for a mortgage? Were they over-leveraged? Perhaps, especially with so many investment properties in my area. But, overall, loss of income is the crux of the problem.

It's Wendy!

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

Search Destin Florida real estate
Short Sale Pre Foreclosure Help.
Read my Blog.

Specializing in real estate sales on Emerald Coast of Florida: Destin Florida real estate, Santa Rosa Beach, Fort Walton Beach, Niceville, Bluewater Bay, Navarre, Seagrove Beach, Watercolor, Sandestin, Seaside, Dune Allen, Blue Mountain Beach, Freeport, Rosemary Beach, Mary Esther, Shalimar, Eglin AFB, Hurlburt Field. Short sales, traditional sales. Call toll-free 1-877-ITS-WNDY (1-877-487-9639) or local 850-650-7883 ext 204

Copyright © 2008 By Wendy Rulnick. All Rights Reserved. *Short Sales: What's The Hardship?* Contact Wendy Rulnick regarding Destin Florida real estate and vicinity.

This site, Wendy Rulnick or Rulnick Realty, Inc. is not providing legal or tax advice. The information provided is for educational and informational purposes only. It is recommended that sellers considering a short sale should consult an independent legal and tax advisor for more information.
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Saved from Foreclosure- My Best Real Estate Sale on the Emerald Coast

A few weeks ago I wrote a blog about an imminent foreclosure for one of my sellers-
"The 11th Hour". We had little time and a foreclosure sale date set at the courthouse steps for 11:00 a.m. the next business day, when I finally got an offer on the property. I wrote how I frantically and repeatedly tried to call and fax Litton Loan to stop the sale and consider the short sale offer. How no one would call me back or let me know if the sale had been stopped. I eventually heard back from the bank the next day. They postponed the sale to look at the offer. The short sale was approved two weeks later- that was yesterday.

The seller had lost two-thirds of his income, his wife had had a liver transplant, and the home I was selling had been destroyed and then rebuilt by my seller after Hurricane Ivan. He had bought the home two months before the hurricane hit. The cost to rebuild had added an extra $200,000 to his mortgage. He could no longer make payments, and all his hope in the world and himself were lost. He was seriously depressed and told me "I am not the man I was".

I cannot begin to tell you the relief in my seller's voice and the gratitude in his heart when I told him the short sale was approved, that he would not have a foreclosure. He said he would repay me in any way he could. I told him that I was repaid enough in that it was the most fulfilling sale I ever had.

It's Wendy!

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

1-877-487-9639 or 850-650-7883

Specializing in SHORT SALES and FORECLOSURE work-outs on the Emerald Coast of Florida: Destin, Santa Rosa Beach, Fort Walton Beach, Niceville, Navarre, Crestview.

http://www.shortsaleforeclosurehelp.com/ or http://www.shortsales-emeraldcoast.com/