Posts tagged as:

ponte vedra short sale

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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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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Who sets the Listing Price on a Short Sale

August 12, 2010

A home is only worth what someone is willing to pay for it and not a dollar more.  The value of the home instantly changes once the purchase is completed through a closing at which time the value changes again. In consulting with many home owners who owe more than their home is worth, we [...]

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Served Foreclosure Papers in Jacksonville

July 8, 2010

Just Served Foreclosure Papers, what happens now? The bank has given you legal notice that they intend to take the house back through Foreclosure.  The fastest I’ve seen a foreclosure happen in Jacksonville is 6 months after being served with Foreclosure papers….so you have some time.  If you do nothing, you will get a series [...]

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Fastest way to get your Short Sale Approved

June 15, 2010

Short Sale approvals are mysterious.  Banks often take months and months to just gather information while everyone involved waits anxiously for any contact.  The short sale market has increased in Jacksonville Florida as most homes that are selling are typically either short sales or bank owned properties.  Straight from our Buyer’s Agents: “Most buyers want [...]

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