Posts tagged as:

Short Sale Jacksonville

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 [...]

It’s good – Read more! —>

Why Short Sales are Getting Faster in Jacksonville

April 15, 2011

Let’s be honest, short sales in Jacksonville are a part of our life and will be for some time to come.  Let’s also be honest about the process of selling or buying a short sale, it can be painful as you wait for months and months not knowing if the bank will accept the offer. [...]

It’s good – Read more! —>

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 [...]

It’s good – Read more! —>

Why this Jacksonville home sold in 5 days

February 15, 2011

Why did this home sell in 5 days? The Owner: Fully understanding the competition, the owners of this home made every possible cosmetic repair, curb appeal, and cleaning effort to a home that was already in great condition. The Price: We studied the comparable homes that had sold recently, and priced aggressively from the beginning. [...]

It’s good – Read more! —>

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 [...]

It’s good – Read more! —>

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 [...]

It’s good – Read more! —>

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 [...]

It’s good – Read more! —>

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 [...]

It’s good – Read more! —>

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 [...]

It’s good – Read more! —>

Sell your Jacksonville Short Sale FASTER

November 24, 2010

Short Sales are not short as the name suggest.  Often called “Long Sales”, they are notoriously slow and seem to take forever to get to the closing table. You can speed this up by reducing the first phase of a short sale:  the amount of time that the home is on the market (selling it [...]

It’s good – Read more! —>

Cost for doing a Short Sale in Jacksonville

November 24, 2010

Through the last 2 years of becoming very fluent in Short Sales, I’ve started seeing a growing trend in the cost for doing a short sale.  The cost have gone up…..a little. 5 legitimate expenses for doing a short sale based on experience. Attorney Fees: $500 to retain the Short Sale Attorney.  The attorney’s office [...]

It’s good – Read more! —>

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 [...]

It’s good – Read more! —>

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 [...]

It’s good – Read more! —>

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.  [...]

It’s good – Read more! —>

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 [...]

It’s good – Read more! —>

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 [...]

It’s good – Read more! —>

Walking away from a home is a bad idea – Choose Short Sale

September 14, 2010

In Jacksonville Florida, many homes have been abandoned by the owners after frustration of dealing with a mortgage modification.  It’s happening in every neighborhood and in every income bracket. I blame the mortgage companies! The general public is not aware that a Short Sale is the best option versus just walking away from the mortgage.  [...]

It’s good – Read more! —>

SunTrust Short Sale completed in Jacksonville

August 26, 2010

The elusive short sale of a SunTrust mortgage has undoubtedly caused many REALTORS to question their chosen field. The first Short Sale that I ever accomplished was in 2007 and it was a SunTrust Mortgage.  Back then, it was very smooth.  We spoke directly to the loss mitigation negotiator within a week, we had an [...]

It’s good – Read more! —>

2485 The Woods Drive East – A new Short Sale Listing in Jacksonville FL

August 13, 2010

This is a great house in The Woods neighborhood just off Hodges Blvd.  Only a few minutes to the beach and very close to the best of the Southsides’ many shopping and dining locations including the St Johns Town Center.  This house has been very well maintained and is in absolute move in condition…..except for [...]

It’s good – Read more! —>

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 [...]

It’s good – Read more! —>

← Previous Entries