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Vision Bank

Vision Bank short sales

Members: 3
Latest Activity: Jun 28, 2012

Vision Bank states they do not allow short sales other than "If a Vision borrower finds a buyer for his property and wishes Vision to release its mortgage, the borrower would have to pay or make arrangements satisfactory to Vision for the deficiency on the loan balance after proposed sale of the collateral."

Attorney representing Vision Bank for short sales:
Martin L. Sandel
Executive VP & General Counsel
Southeast Property Solutions, LLC
email: [email protected]

Letters of Authorization: Fax - 850-636-4915

Other Contact tel: 850-636-4913


Vision Bank has locations in Florida and Alabama.

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Comment by Wendy Rulnick on August 22, 2011 at 11:24am
I have just emailed the CEO of Vision Bank, Joe Ginn, regarding a stalled short sale.  We have a substantial offer on a property in Emerald Grande, Destin Florida.  It is very difficult to get financing for that condo project for a number of reasons.  This is a lucky cash buyer with a strong offer.    I am hoping Mr. Ginn will respond to my email and approve this short sale. Please relay your experience with Vision Bank here.
Comment by Wendy Rulnick on October 25, 2010 at 10:27am
Vision Bank says: "Vision Bank does not participate in short sales, if you mean there would be forgiveness of debt involved." Of course, a short sale does mean release of lien, with many outcomes possible, cash contribution, prom note, etc.
 

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