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Misc Jacksonville Real Estate Agent News

Short Sale in Fort Caroline area of Jacksonville

June 5, 2011

Ridgefield is a nice community in the Fort Corline area of Jacksonville, Florida.  Very close to the St Johns River, this short sale offers a quick trip to the dock to put the boat in the water….or better yet, just keep it at the marina!   House is on a culdesac street and offers a nice [...]

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Jacksonville Real Estate Inventories Drop

April 12, 2011

The Spring season of home buying is here and inventories of homes for sale in North East Florida reflect the sales activity.  Items to take note of: Months Inventory: Inventory is going down faster than new listings are hitting the market. Active Listings: Check out the red dots trending down. New Listings: The gold dots [...]

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Jacksonville Home Selling Tip of the Day

March 29, 2011

Sometimes the easiest, most simple tips are the best, and this one is no exception.  Sell your Jacksonville home faster by maximizing the number of times the home is shown by never denying a showing.  Showings are inconvenient by nature, but you must remember that your home is on the market and you REALLY want [...]

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Loan Modification Denied? Short Sale your Jacksonville House

March 1, 2011

HAMP or Home Affordable Modification Program has been a complete failure.  Here are some of the more recent articles on the failures: Home Owners Protesting that it’s a SCAM Only 1 in 4 got mortgage relief And the most honest, realistic article of them all comes from Fox Business:  HAMP UPDATE:  Foreclosure More Likely Than [...]

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Promissory Notes and Cash Contributions on Short Sales

January 21, 2011

Short Sale TREND ALERT: Banks are saying “Show me the money”. Promissory Notes and Cash Contributions are becoming very common in Short Sales Over the past few months, I’ve seen numerous request for a Promissory Note and/or Cash Contribution in order to allow the short sale.  Many times this is requested by the investor (Fannie [...]

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Time to Move to Florida? Top 16 Reasons

January 12, 2011

Isn’t it time to finally move to Florida? With all the snow and airport closings on the news, I can’t help but write this. No State Income Tax No Snow No Iced Roads Warm climate Humidity is better for your skin…right? Sunshine is good for you, and we have plenty of it! Ocean Beach lifestyle [...]

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Top 5 Reasons to buy our Short Sale Listings

January 12, 2011

Buying a Home in Jacksonville? Have you noticed how many are short sales? Be careful! Not all Short Sales are created equally! Top 5 reasons you should buy our Short Sale Listings: . Sellers are screened: Who wouldn’t want to bail out of an upside down house right?  Well, not everyone can.  In fact, it’s [...]

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Chase Short Sale

December 21, 2010

Chase Short Sale Information Consider yourself lucky if you have a Chase mortgage and you need to complete a Short Sale in Jacksonville Florida. Chase has long been one of the slowest banks to work with in Short Sales, however they have recently started to turn the ship.  They now are attempting to get ahead [...]

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Why I Require a Jacksonville Attorney For Your Short Sale

December 13, 2010

Top 4 reasons I require you to use an Attorney for your Short Sale: Professional Legal Representation vs. Real Estate Agent Representation:  Who would you rather have negotiating with the bank, your short sale attorney or your real estate agent? LARGE amount of money negotiations:  This is not a $1000 credit dispute with your Dillard’s [...]

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To Short Sale or not to Short Sale that is the question

December 11, 2010

Many homeowners are struggling to keep a mortgage paid and at some point the home selling discussions begin.  Not a fun place to be, however it is what it is. The first step is to obviously understand your finances.  Assuming you’ve already completed that and you’ve decided you must sell the house. go to step [...]

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When to List My Jacksonville Home For Sale

December 10, 2010

If you are trying to decide when is the appropriate time to put your home on the market, my answer is simple:  As soon as possible….just after Christmas! Traditionally, Spring was a great time to list your home for sale, however that’s in a more normal real estate market.  In this market, you need to [...]

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Asking Price is NOT Market Value

December 9, 2010

Question of the Week:   How much is my home worth? Every week I get this question, and my response is almost always less than the owners anticipated.  It’s very easy to look up all the asking prices within a neighborhood, but those are asking prices only. A property is only worth what buyers are willing [...]

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How fast are homes selling in Jacksonville Florida

December 8, 2010

2 examples of homes selling extremely fast in Jacksonville: Short Sale in Eagles Hammock:  26 days flat. Here’s the scoop.  The owners, knowing the home needed to be in tip top condition, volunteered to install new carpet after moving out of the home.  Not only did they install new carpet, but they also had the [...]

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$3000 HAFA Short Sale and Unicorns, Flying Pigs, and Oceanfront real estate in Arizona

December 7, 2010

The government was kind enough to intervene with a new plan called HAFA, which was intended to give incentive to both the Seller and the Seller’s bank for completing a short sale.  The Seller would receive $3000 for successfully completing a short sale. Real World $3000 HAFA program: See Flying Pig to the left The [...]

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Why Short Sales take so Long

November 17, 2010

A very smart man with plenty of time on his hands, just spent a year trying to track his own mortgage.  I originally heard about this from Fox News, and then found the chart below on ZeroHedge.  Trying to figure this out is nearly impossible.  This is why Short Sales take forever and have become [...]

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Short Sale Low Ball Offers Don’t Work

November 12, 2010

Banks agree to take a less than is owed on the mortgage due to a financial hardship on the Seller.  To do this, banks go through a valuation process to determine the market value of the real estate being sold.  In my professional opinion, the valuation process is flawed, but that’s an article for another [...]

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Stop Shopping and Start Making Offers on your next Jacksonville Home

November 3, 2010

It’s Time to Stop Shopping and Start Making Offers Working on behalf of the Home Seller, I am present at many of the showings as buyer’s agents bring their buyers through the seller’s home.  I do this as a service for the waterfront real estate owners in Jacksonville, Ponte Vedra, St Augustine, and Orange Park.  [...]

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There are only 2 ways to price a home

September 28, 2010

Priced to Sell Priced to Keep This is one of my Canadian friend’s rule of thumb on pricing, and I fully agree.  In any real estate market cycle, this rule of thumb works.  It’s one of the keys to the success that I have had at liquidating properties for owners or banks who MUST sell. [...]

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Suntrust Short Sale

September 20, 2010

We’ve just been given another SunTrust approved Short Sale and the sellers, buyers, and all parties involved are ready to get this one closed. Suntrust Short Sales are not too difficult as long as the appropriate expectations are set upfront.  The way Suntrust currently works short sales is that all phases of the process are [...]

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Steps to start and complete a Short Sale – Hot topic of the week

September 14, 2010

We get calls from home owners in Jacksonville and Ponte Vedra who need to sell a home, but have been unable to get the mortgage company to give them an answer on doing a short sale.  These home owners are upside down in the mortgage, and attempt to get some kind of approval to do [...]

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