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About Fort Walton Beach's Okaloosa Island

Aurora Approves Blue Dolphin, Okaloosa Island FL - Short Sale

Wendy Rulnick "Its Wendy!" Destin FL Short Sales: Real Estate Agent in Destin, FL

This Blue Dolphin condo on Okaloosa Island Florida was just approved for short sale by Aurora Loan Services. Blue Dolphin is a small gulf-front complex on Abalone Court, Fort Walton Beach FL.
The original loan amount was $604,000 in 2007. Today, market value is about $340,000. Aurora Loan Services was slow to approve this Okaloosa Island short sale. They were not familiar with short-term vacation rentals, and continually asked for proof of rental income and leases. Typical short-term rentals don't have standard leases, since they are only for a day or two at a time. They are really more like hotel reservations. After numerous faxes and requests for documentation (Aurora took a week at a time to "review" any fax), we finally were able to get a negotiator. The short sale was approved in about 90 days.
Here is the typical short sale approval language for Aurora Loan Services. Note the reference to 1099-C for cancelled debt to be issued, as well as how Aurora reports to credit bureaus.

If you are considering short sale to avoid foreclosure of your Okaloosa Island condo, be sure to contacted an experienced Fort Walton 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: itswendy@rulnickrealty.com

Fort Walton Beach Short Sales & Pre Foreclosure Help.

Wendy is a short sale and pre-foreclosure specialist and has been featured in "Kiplinger Personal Finance Magazine" and "Florida Realtor Magazine". Call Wendy Rulnick, Broker/Owner, to list and sell your home or condo on the Emerald Coast of Florida in Walton, Okaloosa and Santa Rosa County- Destin, Santa Rosa Beach, Fort Walton Beach, Niceville, Bluewater Bay, Navarre, Seagrove Beach, Watercolor, Sandestin, Seaside, Crestview, Rosemary Beach, Mary Esther, Shalimar, Eglin AFB, Hurlburt Field.

Okaloosa Island Fort Walton Beach Condo unit 503 Destin West Foreclosure now sold

Brandon Jordan: Real Estate Agent in Crestview, FL
Excellent opportunity to own a distressed property in Destin West. Unit has a great view of the Gulf from the master bedroom and the living area overlooks the bay, lagoon pool and will overlook the proposed marina. Enjoy floating in the lagoon pool during the day or under the lights at night. Very relaxing and fun for the whole family. Kids just love it. You must see this unit. This unit has been tastefully upgraded by the previous owner with installed custom made bunk beds in bunk room and added a door for privacy. Crown molding has been added and fans replaced with decorative palm leaf blades and lights. Custom paint makes this unit special. See pictures attached to this listing. Unit has washer/dryer hookup. Custom window treatments convey with sale. It's a pleasure and so relaxing to view the boat activity on the water while sitting on the balcony. Destin West Bay side is connected to Destin West Gulf side by a pedestrian walkover. This will be the only walkover in the area and will allow for safe crossing of Hwy 98 to the beach access on the Gulf. Close to the convention center; local restaurants and shopping.

MLS#: 538824md ListPrice: $183,900

Status: Active ApproxSF: 971

Project: DESTIN WEST SANDPIPER

BalconySF: 206

Address: 1324 MIRACLE STRIP PKWY , #503 Bedrooms: 1

FORT WALTON BEACH, FL Baths Full/Half: 2/

Zip: 32548 StoriesInUnit: 1

County: OKALOOSA YearBuilt: 2003

MainArea: 12 Fort Walton Beach OccStat: Vacant

SubArea: 01 OKALOOSA ISLAND ImmOcc? Y

ParcelID: 00-2S-24-2300-0000-0503 ConstrStat: Construction Complete

ElemSch: OCEAN CITY Middle: BRUNER High: FORT WALTON BEACH

Dir: On the bay side of Hwy 98, .4 miles east of Brooks Bridge. Unit 503 Sandpiper (Destin West Beach & Bay Resort).

Legal: Sandpiper @ Destin West Beach & Bay Resort unit 503

Regions Approves Waterscape Short Sale, Okaloosa Island Florida

Wendy Rulnick "Its Wendy!" Destin FL Short Sales: Real Estate Agent in Destin, FL

Waterscape Condo for sale


Regions Mortgage speedily approved a Waterscape condo for short sale in Fort Walton Beach, Florida. This Okaloosa Island condo was decorated with luxury in mind. The kitchen had granite counters, undermount sink, stainless steel appliances. The bunk room was an added bonus. Waterscape has two pools, two hot tubs, waterfall and impressive work-out center.

This Waterscape unit had a Regions mortgage of about $450,000. The sale price was about $260,000.

How did Regions approve this short sale in just two weeks?

- Complete package submitted to lender
- Strong fair market value offer

If you are considering selling your Okaloosa Island condo to avoid foreclosure, contact an experienced Fort Walton Beach real estate agent who specializes in short sales.

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: itswendy@rulnickrealty.com

Fort Walton Beach Florida Real Estate

Okaloosa Island Short Sales & Pre Foreclosure Help.

Read Wendy's Fort Walton Beach Real Estate Blog

Wendy is a short sale and pre-foreclosure specialist and has been featured in "Kiplinger Personal Finance Magazine" and "Florida Realtor Magazine". Call Wendy Rulnick, Broker/Owner,to list and sell your home or condo on the Emerald Coast of Florida in Walton, Okaloosa and Santa Rosa County- Destin, Santa Rosa Beach, Fort Walton Beach, Niceville, Bluewater Bay, Navarre, Seagrove Beach, Watercolor, Sandestin, Seaside, Crestview, Rosemary Beach, Mary Esther, Shalimar, Eglin AFB, Hurlburt Field.

Bank of America Short Sale - Lengthy Approval and Speedy Closing?

Wendy Rulnick "Its Wendy!" Destin FL Short Sales: Real Estate Agent in Destin, FL

Bank of America short sale approval

Bank of America just approved the short sale for Island Princess Unit 310 on Okaloosa Island, Florida. It took a longer-than normal 4.5 months. And we're going to have a hard time complying with the closing requirements....


The approval letter date: yesterday.

The closing deadline: today.

Bank of America short sale approval

Enough said.

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: itswendy@rulnickrealty.com

Fort Walton Beach Florida Real Estate

Fort Walton Beach Short Sales & Pre Foreclosure Help.

Read Wendy's Fort Walton Beach Real Estate Blog

Wendy is a short sale and pre-foreclosure specialist and has been featured in "Kiplinger Personal Finance Magazine" and "Florida Realtor Magazine". Call Wendy Rulnick, Broker/Owner,to list and sell your home or condo on the Emerald Coast of Florida in Walton, Okaloosa and Santa Rosa County- Destin, Santa Rosa Beach, Fort Walton Beach, Niceville, Bluewater Bay, Navarre, Seagrove Beach, Watercolor, Sandestin, Seaside, Crestview, Rosemary Beach, Mary Esther, Shalimar, Eglin AFB, Hurlburt Field.