Niceville, FL Real Estate News

By Wendy Rulnick, "It's Wendy... It's Sold!"
(Rulnick Realty, Inc.)
SOLD in ONE DAY!  3932 Balsam Drive, Niceville Florida 32578 in the Cedar Ridge subdivision sold in less than a day recently!  After multiple showing within a few hours, this property had a full price offer.One of the tidiest and cleanest homes I’ve ever sold, this Cedar Ridge property had 1185 square feet, two bedrooms and two full bathrooms. The living room had wood laminate flooring in pristine condition with a cathedral ceiling and beautiful stone-work fireplace.  There was a fully enclosed Florida room with tile floors.  The cheery kitchen had a large pass-through to the dining area. The kitchen was improved with additional counter space and cabinetry. The roof was replaced in 2011.Cedar Ridge in Niceville is a very popular neighborhood and most homes don’t stay on the market long!...
Comments 2
By Wendy Rulnick, "It's Wendy... It's Sold!"
(Rulnick Realty, Inc.)
 Just Sold – This gorgeous Swift Creek home at 1307 Limestone Creek Cove, Niceville Florida! Built in 2005, the 2818 square foot brick home built in 2005 sold for $433,000. The new lucky buyers have brand new carpet and brand new inside and outside air conditioning units. The home was meticulously maintained. The counter tops were granite and many of the kitchen cabinets had glass fronts for a custom feel.  The master bedroom was enormous and opened directly to the rear patio. 1307 Limestone Creek Cove had four bedrooms and three full baths. One of the bedrooms had a private bath with its own hallway, making it an ideal in-law or teen suite.Why is Swift Creek so popular? It’s a gorgeous neighborhood with phenomenal landscaping and the preservation and highlighting of nature. All the hom...
Comments 0
By Wendy Rulnick, "It's Wendy... It's Sold!"
(Rulnick Realty, Inc.)
As the listing agent of a home Bluewater Bay, Florida, I was recently asked this question by a buyer’s agent. Her client wanted to know:“Have there been any deaths in the home?”Since it’s almost time for Halloween, I thought this was an appropriate topic for discussion.  I looked up Florida Statutes 689.25, available online and found this:"The fact that a property was, or was at any time suspected to have been, the site of a homicide, suicide, or death is not a material fact that must be disclosed in a real estate transaction. A cause of action shall not arise against an owner of real property, his or her agent, an agent of a transferee of real property, or a person licensed under chapter 475 for the failure to disclose to the transferee that the property was or was suspected to have be...
Comments 19
By Brandon Jordan
(ERA American Real Estate)
730895 Full Agent Report - Residential  Detached Single Family - Active       $162,000   Office File #:   Address: 262 Honeysuckle Way, Niceville, FL 32578 County: Okaloosa Area: 13 - Niceville Sub Area: 1305 - Niceville North Project Name/Subdivision: CREEKSIDE 5 Zoning: Resid Single Family Parcel ID: 05-1S-22-4355-000B-0080 Elementary School: Plew Middle School: Ruckel High School: Niceville Apx SqFt(Htd/Cooled): 1,822 Price/SqFt: $88.91 Bedrooms: 4 Full Baths: 2 Half Baths:   Design: Ranch # Stories: 1                 Year Built: 1984 Occupancy Status: Vacant Immediate Occupancy: Yes Construction Status: Construction Complete     Directions: JOHN SIMS/HWY 20 to juniper ave next to mcdonalds. Juniper to Left on Honeysuckle way. House is at the end of the street on the corner.  Legal ...
Comments 0
By Wendy Rulnick, "It's Wendy... It's Sold!"
(Rulnick Realty, Inc.)
Ick! Ick! Formosan termites at my Bluewater Bay, Florida home! This is a hard post for me to write. Why? Because I don’t like bugs. I also won’t be able to look at the photo of the Formosan termite once I upload it.  What happened? Friday night I did something dumb. I finished cooking on my gas stove top and did not shut the burner off all the way. There was, unfortunately, a little flame going all night.  The next day when I went into the kitchen, I shuddered in horror. No, there was no fire, but there were dozens of little rust colored bugs on my stove!  Like 70 of them! They were apparently attracted to the little flame or the carbon dioxide that it emitted, and were sprawled and dead all over the stove top. Gross! (Sorry bug lovers!)  I did not yet know that these were Formosan ter...
Comments 1
By Wendy Rulnick, "It's Wendy... It's Sold!"
(Rulnick Realty, Inc.)
UNDER CONTRACT one day on the market! Multiple offers! 3929 Balsam Dr., in Cedar Ridge, Niceville Florida is a beautiful home convenient to Eglin Air Force Base. It’s larger than many in the neighborhood due to the large loft over the living room for work, play or family space. The living room has a floor-to-ceiling fireplace and multiple windows for lovely lighting. Kitchen with large pass-through to dining room. First floor master bedroom has huge bath. Thoughtful landscaping in the front and back offers privacy and blooms. Much care includes fresh paint, upgraded fixtures in kitchen, replaced water heater. There is an 8-person hot tub in the screened porch, take a dip!  Excellent for Eglin Air Force Base commutes and to the Destin Florida beaches on the Emerald Coast. 3929 Balsam Dr...
Comments 2
By Debbie James, 30A Luxury Homes
(850 Properties )
Bluewater Bay Hidden Lakes Home For Sale in Niceville FL - 4328 E Hidden Lakes Drive Your dream to own a gorgeous all brick ranch home becomes a reality today! Situated in the beautiful Hidden Lakes community of Bluewater Bay, it has a split floor plan that features 4 charming bedrooms, 2 baths, a remodelled kitchen with a breakfast bar and stainless steel appliances, a large living room with a fireplace, vaulted ceilings, a master bedroom that has an en-suite bath with a separate shower and whirlpool garden tub, a fenced backyard, an outside storage, newly replaced roof, security system and many more! This Niceville FL home for sale could be the dream home you have been waiting to own; don’t miss this opportunity. Call Debbie James now at 850-450-2000 to view this listing today! Overv...
Comments 1
By Brandon Jordan
(ERA American Real Estate)
MLS#: 600340 OfficeFile#: ListPrice: $184,900 Status: Active ApproxSF: 1,581 BG: Address: 123 WRIGHT CIR       NICEVILLE, FL Bedrooms: 3 Zip: 32578 Baths Full/Half: 2/0 County: OKALOOSA Stories: 2 MainArea: 13 Niceville YearBuilt: 1994 SubArea: 08 BLUEWATER BAY AREA OccStat: Vacant Subdiv: INDIGO VILLAGE ImmOcc?   ParcelID: 23-1S-22-4526-000B-0290 ConstrStat: Construction Complete ElemSch: BLUEWATER Middle: CHOICE-DESTIN/RUCKEL High: NICEVILLE Dir: Off John Sims Pkwy (just East of White Point) Turn into Indigo Village at Wright. Turn left at the stop sign (Wright Circle) second house on your left. Legal: INDIGO VILLAGE LOT 29 BLK B Lovely 3 bedroom, 2 bath home is conveniently located near Bluewater Bay. Only a short drive to Destin beaches and shopping. Tucked away in Wright Circle, p...
Comments 0
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...
Comments 2
By Brandon Jordan
(ERA American Real Estate)
MLS#: 600340 OfficeFile#: ListPrice: $209,900 Status: Active ApproxSF: 1,846 BG: Address: 123 WRIGHT CIR $/Sqft: $113.70   NICEVILLE, FL Bedrooms: 3 Zip: 32578 Baths Full/Half: 2/0 County: OKALOOSA Stories: 2 MainArea: 13 Niceville YearBuilt: 1994 SubArea: 08 BLUEWATER BAY AREA OccStat: Vacant Subdiv: INDIGO VILLAGE ImmOcc?   ParcelID: 23-1S-22-4526-000B-0290 ConstrStat: Construction Complete ElemSch: BLUEWATER Middle: CHOICE-DESTIN/RUCKEL High: NICEVILLE Dir: Off John Sims Pkwy (just East of White Point) Turn into Indigo Village at Wright. Turn left at the stop sign (Wright Circle) second house on your left. Legal: INDIGO VILLAGE LOT 29 BLK B Lovely 3 bedroom, 2 bath home is conveniently located near Bluewater Bay. Only a short drive to Destin beaches and shopping. Tucked away in Wrig...
Comments 2
By Wendy Rulnick, "It's Wendy... It's Sold!"
(Rulnick Realty, Inc.)
This gorgeous Swift Creek short sale home is now under contract after just 23 days! This Bank of America short sale home at 1306 Limestone Creek Cove, Niceville Florida, was a great price for the  Swift Creek neighborhood.  It was listed at $358,900 per the HAFA program, which is a special short sale option with suggested guidelines from the U.S. Treasury.  Are you eligible for the HAFA short sale program?  You might be eligible for HAFA if your lender participates in the Home Affordable Modification Program (HAMP), and your mortgage is not underwritten by Fannie Mae or Freddie Mac or the Veteran's Administration.HAMP offers you the opportunity for assistance by lowering your payments or delaying payments to keep you in your home. You must meet the HAMP requirements as follows, to be p...
Comments 1
By Captain Wayne - Rowlett Real Estate School, Rowlett Real Estate School / Owner and Instructor
(Rowlett Real Estate School)
Northwest Florida Symphony Orchestra Presents "Holiday Pops"   Date: 12/7/2012 Time: 7:30 PM Northwest Florida State College 100 College Blvd. Niceville, FL 32578 Phone: (850) 729-6000 Event Description: Come celebrate the holiday season with performances of light classics, pops selections and the ever-popular carol sing-a-longs. The Northwest Florida Symphony Chorale and Belle Voci (Lois Van Dam, conductor) join the orchestra in this popular seasonal offering.Tickets: $22.50 each adult or $16 youth age 18 and younger or $105 Season Subscription (5 concerts). There is a $2 per ticket box office processing fee. Active duty Military discount available. Purchase Season tickets now through September 22 from the Mattie Kelly Arts Center Box Office, by phone (850) 729-6000, in person, or by w...
Comments 0
By Wendy Rulnick, "It's Wendy... It's Sold!"
(Rulnick Realty, Inc.)
  This house at 1425 Hickory Lane, in the Seminole area of Niceville Florida, was just approved for Bank of America short sale closing.  It was a long process, with delays due to department changes at Bank of America, but in the end - success!  Here are the details:   First Mortgage Holder: Bank of America   Second Mortgage: None   Mortgage Type: USDA Ginnie Mae   Original Mortgage: $180,000 appr   Current Value: $70,000 appr   Deficiency Judgment: Waived   Seller Cash Contibrution: None   Seller Promissory Note: None   A USDA Ginnie Mae short sale (called ”pre foreclosure sale” at Ginnie Mae), is not processed through Equator, Bank of America’s online processing platform. Ginnie Mae does not issue a letter that states deficiency (or the remainder of your note after selling the property...
Comments 1
By Wendy Rulnick, "It's Wendy... It's Sold!"
(Rulnick Realty, Inc.)
A Niceville Florida lot sold, approved for short sale and closed in 30 days? How common is that? Not very! Yet, we had a successful sale of this Villa Tasso lot on Robert Ave., Niceville, Florida in just that time!  Here are the statistics: Mortgage Holder:  BB&T Original Purchase Price: $60,000 Purchase Year: 2005 Current Market Value: $20,000 Short Sale Approval Time: 3 weeks Deficiency Judgment: Waived Seller Contribution: None My suggestion to anyone who needs mortgage assistance with BB&T in the Niceville Florida area is to contact them as soon as you have a problem. BB&T is one of the short sale lenders who will assign a specialist to you in advance, and give you financial paperwork to get the ball rolling.  Their process is much quicker than other lenders, for example, Bank of A...
Comments 2
By Wendy Rulnick, "It's Wendy... It's Sold!"
(Rulnick Realty, Inc.)
This home at 552 Woodlow Rd., Niceville Florida has been approved for short sale. Bank of America is the mortgage holder. It took 3.5 months to approve, but felt like a year. Why? 1. August 2011 - Bank of America assigned the file to a HAFA specialist before the home was under contract 2. October, 2011 - Bank of America sent an appraiser to the Niceville Florida home 3. After months of phone calls and follow ups, the file was "decommissioned" from the HAFA program 4. February 2012 -  The Niceville Florida home goes under contract. 5. March 30, 2012 - The Bank of America negotiator states she sent the file to the investor for short sale approval 6. April 6, 2012 - The negotiator says the investor requests additional financial documents. 7. May 4, 2012 - A "new" negotiator is assigned to...
Comments 3
By Wendy Rulnick, "It's Wendy... It's Sold!"
(Rulnick Realty, Inc.)
Wells Fargo just approved this short sale at The Oaks condo complex in Niceville Florida.  The approval time was less than 60 days, despite Wells Fargo's taxing use of the Equator short sale processing system.  Here are the details: Mortgage Holder: Wells Fargo Balance: appr $190,000 Sales price: appr $82,000 Waiver of Deficiency: yes Seller contribution: yes This Oaks condo in Niceville was an investment property. Often, a short sale seller will be asked to "contribute" to participate in the loss when that is the case.  The seller agreed to contribute about $1200, which was negotiated down from Wells Fargo's initial request.  The seller received a full waiver of deficiency, meaning, Wells Fargo and the investor on the loan would cancel the rest of the debt, and not seek to collect the...
Comments 4
By Wendy Rulnick, "It's Wendy... It's Sold!"
(Rulnick Realty, Inc.)
This home in the Windward subdivision of Bluewater Bay, Niceville, Florida was just approved for short sale.  Find the details below. Senior Lien: Wells FargoBalance: $275,000 Junior Lien: Compass BankBalance: $115,000 Original Purchase Price: $485,000Market Value: $290,000 Status: Short Sale Approved by both lienholders Notes: Wells Fargo uses the Equator Platform for short sale processing. It is an online program where the short sale listing Realtor uploads seller financial documents, preliminary settlement figures and more for analysis by Wells Fargo. Other lenders share this platform, such as Bank of America and GMAC, but Wells Fargo's requirements are more tedious. This was my first short sale with BVVA Compass Bank, the junior lienholder. It was interesting. The institution's per...
Comments 2
By Clayton Bonjean, Broker | Owner | MBA
(Mainsail Realty Company)
Just Sold!  Blue Water Bay Area HAP Sale | Niceville FL Real Estate Click the link below to Search Niceville Homes For Sale Niceville Homes, Condos, and Lots For Sale I just sold a house in Niceville Florida.  The home was my listing and it was a Military HAP Sale "Homeowners Assistance Program".  I represented the sellers in the transaction and they are very happy with the outcome.  HAP sales are a great option for those that are so gracious to serve in our nation's Military.   Below is a link to the HAP website. http://www.sas.usace.army.mil/hapinv/indexnew.html     Below are the details of the transaction. Date Sold - 11/08/2011 Sold Price - $225,000 Price Per Square Foot - $107.91 Square Footage - 2085 Number of Bedrooms - 3 Location - Bluewater Bay Area in Niceville Florida     Fee...
Comments 1
By Clayton Bonjean, Broker | Owner | MBA
(Mainsail Realty Company)
HAP Sales and Closing Costs - Destin, Niceville and Fort Walton Beach CURRENTLY, HAP WILL NOT PAY 3% IN BUYERS CLOSING COSTS AND PRE-PAIDS! I am at the final stages of a HAP sale for a home in Niceville Florida and wanted to write a post to clarify an important  change in the HAP program.   HAP is the "Homeowners Assistance Program" for those that are so gracious to serve in our Nation's Military.     Below is the basic definition of HAP pulled from their web site. "The Department of Defense (DOD) is proud to offer the Homeowners Assistance Program (HAP) to eligible service members and federal civilian, including non-appropriated fund, employees. The program is authorized by law, and administered by the US Army Corps of Engineers (USACE) to assist eligible homeowners who face financial ...
Comments 0
By Jim Poole, Zero Down, USDA Purchase Loans, FHA 203(K) Rehab & VA Streamline Loans
PURCHASE AND REHAB YOUR HOME IN NICEVILLE FLORIDA WITH THE FHA 203(K) LOAN - Most home buyers are turned off at the sight or even thought of buying a fixer-upper; a foreclosure or an older home today. However, educated and informed home buyers are utilizing the FHA 203(k) loan to buy their new home and fix it up with no additional out-of-pocket expense. The FHA 203(k) loan is a tool that savvy home buyers, successful contractors, Realtors and mortgage originators have been using since 1978. An FHA 203(k) loan is very similar to the traditional FHA loan. The only real difference is that with the FHA 203(k) loan, the home buyer is adding money to their mortgage balance to finance-in any repair/improvement cost. Whereas the traditional FHA loan requires that certain repairs be done before ...
Comments 1