Archive
Monthly Archives: May 2019
May 30, 2019
- in Home Buying by Minna Reid
Can I ask the seller to pay the closing costs in my Florida home purchase? How does that work?
Seller paid buyer closing costs in a Florida home sale. It is quite common for home buyers to ask sellers to contribute money towards their closing costs, in order to minimize their out of pocket up-front costs. HOW SELLER PAID BUYER CLOSING COSTS WORK: EXAMPLE:John and Mary want to buy a Jacksonville, Florida home for $200,000. John and […]
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May 30, 2019
- in Home Buying by Minna Reid
Buyer closing costs in Florida: How much will you pay?
You will need to show up at closing with much more than your down payment!There are several costs involved in purchasing property in Florida, many which fall on the home buyer. Besides the actual purchase price of the home, buyer closing costs in Florida run anywhere from 2-4% and generally include: Inspection costs:You will most likely […]
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May 28, 2019
- in Home Selling by Minna Reid
When is the best time of year to sell my Northeast Florida home?
When given the luxury of selling your home at any time of choosing, the best time to list your northeast Florida home is spring!The most active real estate season with the most opportunity to get in front of buyers is always spring. Demand and activity peaks this season resulting in competition and prices heading sharply […]
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May 23, 2019
GTM Reserve: The nature lovers beach retreat just outside the city of Jacksonville, FL!
The hidden gem just south of the city! Jacksonville, Florida is certainly known for its main beaches – Jacksonville Beach, Atlantic Beach and Neptune Beach – which are loaded with miles of wide white sand beaches, piers and plenty of restaurants and nightlife. While these lively beaches certainly attract the tourists, the surrounding area also has […]
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May 21, 2019
- in Home Buying , Home Selling by Minna Reid
Documentary stamp taxes in real estate sales in Florida
Buying and selling property in Florida is a taxable event. When property is sold in Florida documentary stamp taxes become due. All parties to the document are liable for the tax regardless of which party agrees to pay the tax. If a party is exempt, the tax must be paid by a non-exempt party. Florida documentary stamps […]
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May 13, 2019
Jacksonville Home Prices: Intracoastal West VS The Beaches
The Intracoastal Waterway separates the city of Jacksonville from the Jacksonville Beaches. The area west of the the Intracoastal and The Beaches are two desirable areas close to the water that present distinct housing opportunities.As expected, living closer to the ocean will cost more…but just how much more? And what are the statistical differences in […]
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May 8, 2019
- in Short Sales by Minna Reid
Should I make mortgage payments during my Florida short sale?
The most common question I get from sellers considering a short sale is whether they should (or have to) make mortgage payments during their short sale. There is generally not a requirement by the lender for a seller to be current or behind to pursue a short sale (a few exceptions apply).When deciding whether or not to […]
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May 7, 2019
Neptune Beach, Florida home sales prices headed towards decade high in 2019!
Neptune Beach, Florida Real Estate Market Report 2019Neptune Beach home sales prices are on the rise! Prices are up 3% so far in 2019 through the same period last year, with the years average sales price currently at $524,179. While the rate of growth has slowed some since the prior year, the sellers market is […]
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