OUCH! This map hurts a little. Unless you bought a home Pre-Boom, you are probably experiencing some negative equity right now. If you need to sell, you could possibly be looking to the Mortgage company to take less than you owe on the mortgage. That is a Short Sale. Don’t Panic!
In order to Qualify for a Short Sale in Jacksonville, FL, you must have a True Hardship. Get in touch with the bank ASAP and ask to submit a short sale package or a hardship package. Banks are really picking up their game when dealing with short sales as this is a much better option for them vs. them owning the house.
Make sure you are working with a Professional Jacksonville Real Estate Agent who has successfully completed a Short Sale and who has a Marketing plan to get it sold!
