Posts tagged as:

short sale realtor 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 [...]

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Six Mistakes that Home Sellers Make

April 13, 2011

(The picture above is an actual home in Jacksonville, on the market several years ago. The picture was taken at the appointment showing time.  The picture serves as an example of what NOT to do.) Selling a home in Jacksonville?   Avoid these 6 mistakes: . Pricing for Yesteryear: Too many home sellers are caught up [...]

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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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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. [...]

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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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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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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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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 [...]

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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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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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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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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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Short Sales hold the key to Real Estate Market Stabilization

August 11, 2010

I’ve argued this point many times and I’m not backing down! Real Estate pricing across the United States continue to drop in almost every market.  Yes, I believe it is still too high due to the Supply and Demand principal.  We have too much Supply and not enough Demand which forces prices lower. My Argument: [...]

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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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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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