Short Sale Superstars

Providing you with the knowledge and tools needed to succeed with Short Sales.

Wendy Rulnick
  • Female
  • Destin, FL
  • United States
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Latest Activity

SSS rocks! Thanks Stephen! Will post an update here once I get an answer on how this one pans out.
6 hours ago
Typically it will be a 10-15 year term. The Seller can always attempt to negotiate that note away with 1 lump discounted payment in the future. The HUD Addendum will be disclosed to all parties. I would never suggest anything to the contrary. The n…
9 hours ago
Stephen, thanks for the tips. For the no interest 16.5k note, what term would be appropriate in this request? There is a mortgage involved in the purchase. So this separate HUD-1 addendum will be sent to both lenders. Would they questioned why it w…
9 hours ago
First, ask Chase to agree to accept a no interest $16500 note which is the difference between $8500 and $25k. Next, see if the 1st will increase their offer to Chase anything. Failing the 1st lender's increase to cover the full $3k difference advise…
9 hours ago
Just got an approval from 2nd lien Chase today but here's the catch. The loan is for 55k and we offered them $5500. Chase countered back at $8500 which is over 15%. They indicated that ONLY the lien will be released NOT the deficiency. If deficiency…
9 hours ago
Short Sale Superstars share their success stories. Learn and Grow...
10 hours ago
John, my one experience with GMAC was their valuation (BPO) was right on with my valuation and didn't hold up the short sale at all!
11 hours ago
What experience if any have people had with BPOs done for GMAC vs appraisals done by real estate agents on same property
12 hours ago
The Hongkong and Shanghai Banking Corporation Limited
yesterday
All things Citi... short sale help here!
yesterday
All about GMAC short sales.
yesterday
Post your referral needs here! Join this group to be automatically notified of new referrals for listings or buyers!
yesterday
This group is for information, tips and solutions for Bank of America short sales.
yesterday
Working with all divisions of Chase. Share tips, stories, reference info!
yesterday
Post your Short Sale Problem. One of our Short Sale Superstars may have a solution!
yesterday
Wells Fargo and ASC (America's Servicing Company) tips, tricks, references and experiences!
yesterday

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Profile Information

First Name
Wendy
Last Name
Rulnick
State
Florida
City
Destin, Sandestin, Santa Rosa Beach, Fort Walton Beach, Niceville, Navarre, Crestview, Rosemary Beach, Watercolor
My Profile
Wendy Rulnick, Broker/Owner of Rulnick Realty, Inc., specializes in Destin short sales and pre-foreclosures on the Emerald Coast of Florida: Destin, 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, Crestview, Eglin AFB, Hurlburt Field. Her slogan is well known: "It's Wendy! It's Sold!" Wendy has helped many homeowners avoid foreclosure. See her website for help with Destin short sales.
Wendy has been featured in "Kiplinger Personal Finance Magazine" and "Florida Realtor Magazine" as a short sale specialist. She is a prolific short sale blogger who writes about real estate and short sales. She and Bryant Tutas developed Short Sale Superstars to teach real estate agents how to do short sale transaction. Together they have produced an instructional webinar about short sale processing that is available on this website.
Call Wendy Rulnick at 850-650-7883 ext 204.
How did you hear about Short Sale Superstars?
Co-founder of site
1. No soliciting is allowed on this site. Do not sell or promote products or services in any way, directly or indirectly. Do not link or sneak in links promoting services on comments, posts or profiles. You may have links on your profile pages to your websites as long as they are not for selling products to the members. 2. Do not speak disparagingly about members on this site. 3. Site founders reserve the right to delete content and/or ban members that violate these rules. 4. Member Name (Full Name Field) format must be First Name Last Name. Include full city and state information.
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Wendy Rulnick's Blog

Wendy Rulnick

HAP Helps the Military Avoid Short Sale and Foreclosure


Are you an Eglin AFB or Hurlburt Field airman PCSing soon? If you own a home, have to sell, and owe more than your property is worth, there may be help available so you can avoid a foreclosure or even a short sale. The U.S. military HomeowneContinue

Posted on January 20, 2010 at 9:00pm — 3 Comments

Wendy Rulnick

Aurora Loan Services Offer - Too Good To Be True?

A homeowner recently emailed me quite concerned about a letter she received from Aurora Loan Services. She had a second mortgage with them for $29,700 at 12% interest. She had never been late with her payments and was not selling as a short sale. The Aurora letter stated she could pay her loan off now at about one-third what was owed, and would have no further obligation on the note!

Dear Customer:

Aurora Loan Services, as a servicer of your loan, has been authorized by the owner of your se
Continue

Posted on December 27, 2009 at 12:00pm — 7 Comments

Wendy Rulnick

What is All the Hullabaloo about HAFA and Short Sales?

As you may have heard on the news, the U.S. Treasury is trying to make short sales, well, shorter! Many homeowners and buyers have been plagued for waiting months for short sale approvals. Realtors are at their wits end. Lenders are overloaded with requests. Waiting five months for a short sale approval is becoming th

Continue

Posted on December 10, 2009 at 7:00pm — 6 Comments

Wendy Rulnick

This is Loss Mitigation, How May I Help You?

Ring ring ring ring. Thank you for calling Short Sale. For priority service, please enter your 10-digit account number followed by the pound sign.

88302720572#

Please enter the last four digits of your social security number followed by the pound sign.

4306#

Continue

Posted on November 28, 2009 at 12:23pm —

Wendy Rulnick

"Day in the Life" of a Destin Short Sale Agent

Just one of my normal days selling real estate and short sales in Destin, Florida...

Buyer agent emails me to say buyer is “walking” if no response from Niceville short sale lender this week.

Another buyer agent calls me to say buyer is “walking” by October 31 if no approval given on Destin short sale condo.

Another buyer agent calls and emails me three times asking when the approved Bank of America Santa Rosa Beach short sale can close.

Another buyer agent calls to aContinue

Posted on October 28, 2009 at 4:27pm — 2 Comments

Comment Wall (9 comments)

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At 6:13pm on November 10, 2009, Petra Norris said…
Great looking site - easy to navigate! You guys rock - thanks a million!
At 10:04am on November 9, 2009, Kynse L. Agles said…
Thank you so much for the referral! I have spoken to the seller several times, we are waiting to hear from the lender regarding a deed in lieu of foreclosure. Since he will be 1099'd since the property is a lot we are working with AmTrust's loss/ mitigation dept. to find out if we can find a way around the deficiency judgement and or 1099. I will keep you updated! And Thanks so much for the referral, we will take any Lee County Short Sale referral!!!!
At 11:56am on October 6, 2009, Sandy Shores said…
Thanks Wendy for the warm welcome. I am looking forward to being here so that I stay abreast of the latest short sale information. Thanks for all your hard work!
At 9:53am on September 8, 2009, Bill Gassett said…
Thanks Wendy!
At 5:27pm on August 28, 2009, Ana Connell said…
Hi Wendy,

Thank you for the welcome!
At 3:28pm on August 7, 2009, Lupe Soto said…
HI, Wendy, welcome to Short Sale Stars. greetings from Burbank, CA. best. Lupe
At 5:54pm on July 25, 2009, Ginger Moore said…
Hi Wendy, Thank you for the warm welcome! Yes, I hope we will be in this together for a lifetime.. I want to learn all about short sales. I know I now have the 2 best teachers, yourself, and Bryant.. Have a Blessed day! ginger moore
At 5:27pm on July 25, 2009, Roland Woodworth, SFR said…
A big thank you to both for putting all this together..
At 3:57pm on July 25, 2009, Judy Chapman said…
Wendy, Many thanks to you and Bryant for making your inaugural SSB class lifetime members of Superstars. The way the market is going, we may well be at this for a lifetime!
 
 

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