- in Foreclosure by Minna Reid
A guide to the Florida foreclosure process
Florida is a judicial foreclosure state, with one of the longest foreclosure timelines in the country. This means that if you are facing foreclosure in Florida, you have plenty of time to come up with an alternative such as a loan modification or short sale, or even just to save some money while the foreclosure […]
Continue reading- in Short Sales by Minna Reid
What happens to the second mortgage in a short sale?
What if I have two mortgages and I need to short sell my home? Many of our short sellers have a second mortgage. In a short sale all mortgages and liens need to be settled in order to complete the sale. Here’s how it works:Mortgages get paid off in the order they have been recorded […]
Continue readingJacksonville, Florida Real Estate Review 2019: Housing market continues to boom!
Jacksonville, Florida real estate continues to boom on! 2019 closed with sellers enjoying quick marketing times and ever rising prices, with no end in sight!Jacksonville, Florida Real Estate Market Report The rate of home sales has continued to rise consistently year after year, with and average of 1,350 home sales per month, a 15% increase […]
Continue readingJacksonville Beaches Market Report: It’s a HOT sellers market with no signs of a slowdown!
2019 was another stellar year for sellers in the Jacksonville Beaches (Neptune Beach, Atlantic Beach, Jacksonville Beach)! The Beaches Home Sales Prices:Home sale prices in The Beaches rose another 5% in 2019, with the average home in the area selling for $474,729, a 25% increase in the last 5 years.The Beaches Inventory:For the 5th year in […]
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TOP 5 BENEFITS OF A SHORT SALE VS. FORECLOSURE!
What do you have to gain by short selling your Florida home versus letting it foreclose? TOP 5 BENEFITS OF A SHORT SALE: 1. Avoid the stress of falling behind and losing your home to foreclosure. A foreclosure can be mentally and emotionally draining and publicly humiliating. A short sale will help you stop foreclosure, and […]
Continue readingAs Jacksonville home sale prices reach decade high, short sales continue to fall!
It’s all good news for Jacksonville, Florida home owners as they continue to watch their home values skyrocket!Jacksonville, Florida Market Update:After home sale prices bottomed out in January of 2012 at an average of $149,794, sales prices have been headed up, almost doubling over the next 7 years. June 2019 saw average sales prices hit […]
Continue readingJacksonville Beaches Market Report: Sellers hold the upper hand as home sales hit record highs!
Home sale prices in the Jacksonville Beaches just keep rising in 2019! The Beaches Market Report:The Beaches home owners are enjoying another year of watching their home values rise, as sales prices rise another 6% over 2018, at a current average of $480,000:For the 3rd year in a row, marketing time is holding at 70 […]
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PROS AND CONS OF A FLORIDA SHORT SALE
Wanting to sell but owe more than your home is worth? A short sale may be an option…find out the pros and cons of a Florida short sale! PROS AND CONS OF A SHORT SALE: Pros Sell your home and settle the excess mortgage debt. Stop struggling with high mortgage payments. Stop foreclosure. Pay no […]
Continue readingThe Beaches home sale prices: How much will it cost to live by the water in Jacksonville, Florida?
Thinking of moving to the coastal Jacksonville area? This huge city has so much to offer, and its certainly not short on beautiful beaches! The Jacksonville Beaches, known locally as “The Beaches”, are a group of communities on the northern half of an unnamed barrier island, nicknamed San Pablo Island, separated from the main body […]
Continue readingFort Caroline Home Sale Prices DOUBLE since 2011, reaching record high in 2019!
Fort Caroline Home Sale Prices DOUBLE since 2011, reaching record high in 2019!Fort Caroline home owners have plenty to be happy about! 2019 is another year of tremendous price growth, as the average single family home sale price reached an all time high of $279,000 in June of 2019. This is also more than double […]
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