Shalimar, FL

With some TLC this 2 bedroom, 2 bath townhome could become your dream home or investment property. The unit has suffered some fire damage and has been priced accordingly.Looking for a most convenient location? This home features a dining/bonus room that become an office or den and the balcony that looks over the common area.property being sold as is with right to inspect. Owner/Seller, acquired this property through a bulk acquisition from Fannie Mae. In this sale, Fannie Mae has limited our client's resale of the property, for up to one year, to buyers who intend on being owner occupants. PROPERTY TO BE SOLD "AS IS".

ListPrice: TBD
ApproxSF: 1,260 BG:
Address: 145 FOURTH AVE , #H-6
SHALIMAR, FL Bedrooms: 2
Zip: 32579 Baths Full/Half: 1/1
County: OKALOOSA Stories: 2
MainArea: 12 Fort Walton Beach YearBuilt: 1973
SubArea: 10 SHALIMAR/PORT DIXIE OccStat: Vacant
Subdiv: PORT DIXIE ImmOcc? Y
ParcelID: 05-2S-23-2080-0034-00H6 ConstrStat: Construction Complete
ElemSch: LONGWOOD Middle: MEIGS High: CHOCTAWHATCHEE
Dir: From 4th Ave in Shalimar to 12th St. Turn left and the complex will be on the left.
Legal: PORT DIXIE COM AT NW COR OF BLK 34 E 345 FT TO POB S 100 FT E 15 FT N 120 FT W 15 FT S 20 FT TO POB 689-06

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With some TLC this 2 bedroom, 2 bath townhome could become your dream home or investment property. The unit has suffered some fire damage and has been priced accordingly. Home features a dining/bonus room that become an office or den and the balcony that look over the common area. Property being sold "AS IS" with right to inspect.

LivingRoom 1 14'x16' Design: Townhouse
Kitchen 1 7'x9'
DiningRoom 1 14'x7' Const/Siding: Foundation Slab On Grade, Frame, Roof Composite Shingle, Siding Brick Some, Siding Wood, Trim Wood
Bath: 1/2 1 3'x6'
Bedrm:Additnl 2 15'x14' ExtFeatures: Balcony, Fenced Back Yard, Fenced Lot-Part, Patio Open, Porch Covered
Bedrm:Additnl 2 11'x11.5'
Bath: Full 2 7'x4.5' IntFeatures: Breakfast Bar, Floor:Tile, Floor:W/W Carpet, Window Treatment:Some, Woodwork:Painted, Furnished:None

Appliances: Dishwasher, Disposal, Oven:Self Cleaning, Range Hood, Refrigerator, Smoke Detector, Stove/Oven Electric

Utilities: Electric, Phone, Public Sewer, Public Water, TV Cable

Energy: A/C: Central Electric, Ceiling Fans, Heat: Central Electric, Water Heater: Electric


Mbed/Mbath: Mbed Carpeted

This home in the Port Dixie neighborhood Shalimar Florida has been approved for short sale. There were two mortgages, Seterus(formerly LBPS), and CCO Mortgage for a total encumbrance of about $227,000.

Senior Lien: Seterus
Balance: $190,000
Junior Lien: CCO
Balance: $37,000
Property Value: $140,000

This short sale was approved by Seterus in just four weeks. They allowed 6% of the junior lien balance to be paid to CCO. CCO took 120 days to approve the sale. Their reason for the delay was understaffing. They required the seller to make a payment prior to closing. Both lenders issued a full waiver of deficiency. After approving the short sale, Seterus changed the locks on the house anyway. This required a counter-lock change to give buyers access to do their home inspections. All in a day's work.

If you are considering short sale to avoid foreclosure, contact a Shalimar short sale agent. We can write your success story together.

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

Shalimar Florida Real Estate

Shalimar 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

Bank of America has approved the short sale for this Shalimar Florida townhome in Country Villas. The original mortgage was for $104,000. The sale price will be about $60,000.

The really good news for these Shalimar short sale sellers? No deficiency!

If you are considering a short sale to avoid foreclosure, contact an experienced Shalimar 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

Shalimar Florida Short Sales & Pre Foreclosure Help.

Read Wendy's Shalimar 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.

This townhome at Country Villas, Shalimar, Florida has been approved as a HAP (Homeowner Assistance Program) sale. HAP is a program designed to assist United States military service members who have orders to relocate bases, and are upside-down in their mortgages. Meaning, they owe more on their mortgage than their current market value.

Just how quick was this HAP approval?

The property went under contract two weeks ago. The seller, an Eglin Air Force Base service member, sent HAP his final application documents, a copy of the real estate contract and a Broker Price Opinion which I provided.

HAP approved the sales price within one week.

Another week later, HAP approved the service member for benefits!

The next steps? The HAP Government Aquisition program (also called augmented sale) will buy the home from the servicemember, pay his remaining balance on his mortgage, and re-sell the property to the buyer. HAP will use its own title agency to purchase from the airman, and we can choose a local title agent to facilitate the purchase between the government and the buyer.

If you are an Eglin AFB or Hurlburt Field airman, consider using the HAP program if you are PCSing and upside-down in your mortgage. And contact an agent who specializes in HAP.

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

Crestview Florida Short Sales & Pre Foreclosure Help.

Read Wendy's 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.