Parkwood Estates (Niceville, FL)
By Wendy Rulnick, "It's Wendy... It's Sold!"
(Rulnick Realty, Inc.)
Three short sale liens? No problem! This home at 1616 Myrtlewood Dr., Parkwood Estates, Bluewater Bay in Niceville Florida was just approved as a short sale and is getting ready to close.  Here are the details: Lien #1 (Also called "Senior Lien"): Green Tree Lien #1 Balance:  $300,000 appr. Lien #2: Green Tree Lien #2 Balance: $60,000 appr. Lien #3 (Another "Junior Lien"): Key Bank Lien #3 Balance: $30,000 appr. There were a few challenges with this Parkwood Estates short sale listing. First, Green Tree does not process multiple liens on one property together. This is unlike Bank of America.  We had to deal with two different negotiators at Green Tree, and the seller had to provide separate forms and financials for each lien.  That meant we had to do twice the amount of paperwork. Seco...
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By Wendy Rulnick, "It's Wendy... It's Sold!"
(Rulnick Realty, Inc.)
  Parkwood Estates Green Tree short sale home in Bluewater Bay, Niceville Florida. 1616 Myrtlewood  stars a saltwater pool and is located in a gated Parkwood Estates community on a cul-de-sac. Four spacious bedrooms, cathedralled living room with corner fireplace, plant ledge, French doors. Kitchen is eat-in with tiled center isle and overlooks delightful saltwater pool area. Separate, carpeted formal dining room. Master bathroom has double vanities, whirlpool tub. Big closets with custom shelving in all bedrooms, second bedroom has two closets, master bedroom has walk-in. Master bedroom has hardwood floors, bath tile. Former sunroom has been converted a bonus room is fully enclosed with tile flooring and central heating and air. Wood blinds through out home with insulated cellular/hone...
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By Jim Poole, Zero Down, USDA Purchase Loans, FHA 203(K) Rehab & VA Streamline Loans
Okaloosa County Florida Home Buyer Assistance Program Process and Time Line 1.  County sponsored home buyer education class is required. 2.  Home buyer is APPROVED and signs contract for home. 3.  Lender sends Reservation Form with contact to county. 4.  With-in 5 days, home is inspected by county staff. 5.  If necessary, lead based paint assessment is completed. 6.  Lender sends loan package to county. IF NO REPAIRS ARE NECESSARY...... 7.  County approves application package. 8.  County contracted appraiser completes appraisal. 9.  Home buyer meets with home buyer counselor. 10. Mortgage package e-mailed to title company. 11. Home buyer assistance check is released by county after HUD 1 is approved. 12. Closing occurs at the offices of the title company. FOR MORE INFORMATION PLEASE VIS...
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Niceville, FL Real Estate Professionals