Found 288 entries published by Brad Officer.
Another interesting graphic from CoreLogic's recent market index report. Here it shows just how far we here in Florida are off the peak values. Many states are already near recovered or fully recovered, but we are still so far below peak values. Ouch! Looks like short sales and foreclosures will continue in Florida for some time to come.
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Straight from the Florida Association's newsletter and real estate attorney/writer Gary Singer:
"Borrowers must be as persistent as ever. Get all your information together and jump through all the hoops that are presented to you. Send in the same paperwork again and again, reply to all requests quickly and fully, document everything, and always remain calm, polite and cooperative when dealing with the bank's representatives."
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Basically this article stated that Short Sales aren't getting an easier. Although, you would think after the government has gotten so involved that it would be much easier by now right? (please pick up on the heavy sarcasm as I was laying it down pretty thick)
If you find yourself needing a short sale, hire a…
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Hubzu.com is an online auction company owned by Ocwen . Hubzu is an unknown real estate auction website up to this point, although they will probably generate some traffic as Ocwen is forcing buyers to use the site.
To make…
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Not sure anything else can sum up the reason to live on the water better than this picture. Search Waterfront Homes ->
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Another happy seller that agreed to price the home correctly. 12 days on the Jacksonville MLS, multiple offers, and now under contract, this Julington Creek Home For Sale was a hot showing for few days. We had so many showings, even the seller was ready for them to slow down!
Of course it helps that this house is very well cared for and the home owner has done everything to get and keep the home in show ready condition.
Thinking about Selling your Jacksonville Home and Real Estate? Give us a call or send a quick note, and we can discuss getting you top dollar in the fastest amount of time.
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Another Happy Home Seller! This home was a challenge, but what short sale isn't? The Seller needed to sell due to a relocation, and like so many other homes in Jacksonville, it had lost half it's value from the peak.
We listed the home and sold it quickly, but the all cash hedge fund investor cancelled all contracts within specific zip codes. Really ticked a lot of listing agents off and not to mention a lot of sellers!
Round 2: We sold to another all cash hedge fund investor, got the approval from the seller's bank, and then the buyers requested tens of thousands in repairs. Mostly just paint, carpet, landscaping, etc. A joke really. Of course the bank declined their inspection request, so we went back on…
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There are thousands of articles that have been written on this subject, but overall they are all missing the #1 key ingredient. 
If you have a home that you'd like to sell, I'd naturally conclude that you've cleaned things up. I'd assume you've fixed all the little things that have been bugging you for years. I'd think you have already de-cluttered the rooms and removed any funky artwork that spoke to you back in 92. I'd also like to believe that you have completed paint touch ups to all the baseboards and heavy wear areas. You've cleaned the floors and replaced carpet if need be.
I'd also think you have taken the time to give attention to the outside of the home. You spent a couple weekends cleaning out weeds, pruning, and adding fresh…
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All banks take too much time, ask for too many repeat documents, and overall just drag their feet in a short sale. All of them! Rarely is there an exception, but sometimes there is a single short sale that tries to break the mold.
One of our most recent short sales attempted to clear the air for Wells Fargo.
We received a strong offer on a newly listed property within just a few weeks of listing the home for sale in the Southside area of Jacksonville. The offer had contingencies of approval of inspection, approval of financing, and of course lien holder approval of the short sale.
Within 30 days, our hot shot attorney group had negotiated and gotten the short sale approval letter from Wells Fargo! Will…
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A survey was completed of 50,000 practicing Realtors throughout the country and on average they expect prices to rise by 3.9% this year.
Florida Realtors were a bit more aggressive with a 5% Florida overall rise in prices within the next 12 months.
I also believe the prices will rise by 5% in the next 12 months, however the mortgage market is still very tight at the moment. Not necessarily tight in the obvious ways of home buyers needing jobs, credit, down payment money, etc., but tight in the scrutiny applied to those factors.
If/when the mortgage market loosens up a bit, and it will happen, I'd say we are in for ride!
Need to Sell Before you Can Buy?
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Take Note: Money Magazine is yet another source saying buy now!
Why buy real estate in Jacksonville now?
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