Posts tagged as:

Short Sale Ponte Vedra

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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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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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 [...]

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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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Jacksonville FL Highest in Real Estate Price Reductions

August 6, 2010

We are #1 !!! Not that we should be, but we (Jacksonville) are #1 on a recent report for price reductions.  The data showed that out of all the major housing markets in the United States, Jacksonville surged ahead with 54% of all current listings on the market have had a price reduction.  (that’s really [...]

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Jacksonville Short Sale REALTOR to list and sell your house

July 29, 2010

Deciding to Short Sale your home is a tough decision, however it is often the smart decision.  Walking away from a home and not working with the bank will have much worse consequences.  So many people don’t know that in Florida, the banks have the right to collect the deficiency in a Foreclosure up to [...]

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Loan Modification doesn't Work

January 25, 2010

Horror stories are now floating around everywhere about failed Loan Modifications.  I’ve witnessed many of these first hand as friends have attempted to get modifications and they flat out fail. Several Major Concerns with a Loan Modification: You agree to “modify” a loan on an over valued house that could take DECADES to break even.  [...]

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