From the category archives:

Short Sale Jacksonville

What to do if Behind on Mortgage Payments

March 23, 2012

Bad news first:  It is so difficult to catch up on late mortgage payments. The good news:  If you have the income, your mortgage company may work with you to help you catch up on the payments. More bad news:  It’s not that easy to get your lender to help….even if they have the ability [...]

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2012 The Year of the Short Sale

March 6, 2012

Based on the recent RealtyTrac year end report, it appears short sales are up and bank owned real estate sales are down.  Statewide, short sales were up 3 percent in the fourth quarter of 2011 compared with the same time in 2010, while bank-owned sales were down 32 percent.  REO down 32%! One big explanation [...]

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Short Sale Listing Not Selling

February 28, 2012

I constantly scan the market in the hottest areas of town and hottest private communities in Jacksonville and Ponte Vedra.  I’m looking for the best deals and the best houses.  It’s an easy process.  Either the home is attractive inside and out and it’s priced well enough that I want to see it…..or it’s not. [...]

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Banks Want Short Sales Not Foreclosures

February 27, 2012

Everyone comes out ahead in a Short Sale!   Sellers:  Avoid the F word…..Foreclosure!  Sellers get a respectable way out of a home they can no longer afford or a home they are being relocated from and can’t afford to rent it out. Don’t be an upside down, reluctant landlord who is subsidizing the rent [...]

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How Soon Can I Buy a Home After a Short Sale

February 24, 2012

TOP Question of the week…..asked by no less than 6 people this week:  How soon can I buy a home after I short sale this home? First off, it’s worth noting that buying a home after a short sale is much easier and sooner than after a foreclosure.  I beg home owners to not “walk [...]

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8072 Timbermill Road For Sale Timberlin Park

February 23, 2012

Culdesac, Large Preserve Lot, All Brick, and Very well cared for!!! This house is a rare find.  It has everything BUT a pool, and is in immaculate condition.  The backyard is very large as this is a pie shaped culdesac lot.  The view is nothing but preserve offering much privacy for your family cookouts.  I’d [...]

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How To Short Sale

February 13, 2012

How to Short Sale? Contact a Short Sale REALTOR.  A good, professional REALTOR who has been doing short sales for a few years can quickly help you determine your short saleability.  CAUTION: Most agents have done very few short sales and most did not want to do short sales until it became half the real [...]

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Suntrust Short Sale Successful Closing Jacksonville Florida

February 9, 2012

Job Relocation Short Sale with Suntrust The banks are starting to get more realistic on the housing market and short sales.  People move for a variety of reasons but it’s almost always due to a life change: Job relo, marriage, divorce, growing family, empty nesters, loss of income, gain in income, etc. None of these [...]

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Avondale Home For Short Sale

January 16, 2012

Avondale Home For Short Sale! Great Bungalow just hit the market for sale in Avondale.  Within 24 hours of pushing the big green GO button on our marketing machine, we had already generated 4 showings on this excellent home. Top 6 Reasons to See This Avondale Home Before it’s Sold Location: This home sits right [...]

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Herons Landing Condo Just Listed

December 21, 2011

  Wells Fargo Short Sale in Jacksonville FL Heron’s Landing Condos are near the corner of Hodges and Beach Blvd.  Gated community with a clubhouse and pool, this has been an excellent investment opportunity with it’s proximity to UNF, the beach, and the price. At $82,000, this 3 bed, 2 bath END UNIT, TOP FLOOR [...]

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Why are short sales so slow

December 20, 2011

#1 reason for short sales taking so long:  Seller Documents SPEED!  It’s what we want in a short sale, and it’s the #1 killer of short sale deals. After a short sale goes under contract (see Jacksonville Homes Sell Fast) and gets submitted to the bank for processing, we work behind the scenes to keep [...]

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Bank of America Short Sale Jacksonville Wolf Creek

December 20, 2011

Another Successful Bank of America Short Sale in Jacksonville FL 2 Loans on this one:  1st Bank of America, 2nd Regions Bank I do not like selling homes with Tenants in the property.  I almost always require that they move out before listing, but occasionally I have to bend a little. The main reasons I [...]

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Stonehurst Short Sale – St Johns FL Real Estate

December 17, 2011

CR 210 Short Sale in St Johns County – Stonehurst More house for the money, great schools, every amenity possible.  These are reasons so many residents of Jacksonville choose to move just a little south to County Road 210 in St Johns County. This home is currently priced at an aggressive $159,000, and I anticipate [...]

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Regions Bank Short Sale Success

December 13, 2011

Regions Bank Short Sale Success in Jacksonville Florida Investor owned Short Sale! Investors of real estate often get the short end of the stick with lenders, and short sales are no different.  Even though investors buy up all the bank’s unwanted foreclosures, lenders tend to have a love hate relationship with them. This short sale [...]

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Bank United Short Sale Success

December 12, 2011

Bank United Short Sale Success This short sale gave the Short Sale Attorney a work out.  We sold it once, and the buyer’s got cold feet.  We sold it a second time, and the buyer lost their financing ability after we had the approval.  Third time was the charm! Bank United is relatively quick at [...]

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Seterus Short Sale Success

December 9, 2011

Seterus Short Sale Success in Jacksonville FL Are they IBM?  Are they LBPS?  Are they IBM LBPS?  Are they Seterus? This mortgage servicer keeps changing their name or creating new arms or something.  Trying to research who they are and who you are dealing with is very difficult in this company.  They’ve had so many [...]

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Aurora Short Sale Success

December 8, 2011

Aurora Short Sale Success HAFA Short Sale eligibility helped this Aurora short sale get approved quickly.  Like many short sales, this one was sold originally to an impatient buyer who just couldn’t wait another week for the bank approval, but was then sold to a buyer who received the approval within weeks of contract.  Again, [...]

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Bank of America Short Sale Success

December 7, 2011

Bank of America Short Sale Success Another successfully closed Bank of America Short Sale.  This one took just as long to get an approval as BOA usually does in Florida, close to 90 days. BOA has been notorious for changing their short sale process a couple times a year, which automatically lengthens the timeline if [...]

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Florida Homes Under Water – Jacksonville Real Estate

November 20, 2011

Locally, I see signs of stabilization in the lower price points of the real estate market here in Jacksonville, Florida.  Many of the $100,000 – $200,000 neighborhoods are now seeing sales in just weeks of putting a home on the market vs half a year, and if the home is in great condition they sometimes [...]

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Banks getting better on Short Sales in Jacksonville

October 21, 2011

I’ve seen the slow shift since mid-summer-ish, and it looks like it is official. Banks Want you to Short Sale vs. Foreclose It appears as if most banks have finally gotten to the point of acknowledging that short sales are a much better alternative than chasing down properties through the foreclosure process.  In some states [...]

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