Jacksonville, Florida Real Estate: The market is on FIRE, with no signs of a slow down!

The Jacksonville, Florida real estate market has been on fire for years and 2020 is no exception!  The average home sale price in Jacksonville keeps steadily growing and is currently at a record high of $258,000!After creeping up a little during Covid19 shutdowns, marketing time for Jacksonville homes is down to an average of just […]

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Jacksonville Beaches Market Report: How has covid 19 affected real estate sales?

The Jacksonville Beaches market has been ON FIRE for years, and 2020 with a roar! After a fantastic start to the year, the coronavirus hit and the state started shutting down in March. Find out how the market has fared the storm! THE MARKET DURING CORONAVIRUS SHUTDOWN:While we only have numbers for Jacksonville Beaches closed […]

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Florida Short Sales with VA – The VA Compromise Sale Process Explained!

The VA offers a lot of great benefits like the VA mortgage – a 100% loan program with low interest rates and fees. Unfortunately sometimes those with VA loans need to sell, and often there is just not a lot of equity in the home. If you have a VA loan and owe more than […]

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How can I save my home from foreclosure?

Facing foreclosure? Did you know you own your home all the way up to the day it forecloses? There are several ways to stop foreclosure and keep your home.  Here’s How: HOW TO STOP FLORIDA FORECLOSURE AND SAVE YOUR HOME WHEN YOU’VE JUST STARTED MISSING PAYMENTSFederal law prevents lenders from even starting a foreclosure action […]

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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 […]

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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 […]

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Jacksonville, 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 […]

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Jacksonville 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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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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What is a HUD partial claim and how will it affect my Florida home sale?

You may have a HUD partial claim against your Florida home if you have a mortgage backed by FHA and you’ve ever had any type of loan workout – including a loan modification. What is a HUD partial claim?A partial claim is an interest-free loan from HUD to help make a loan modification possible, or […]

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