Need to sell your Florida home but have a federal tax lien? The IRS has many ways to collect unpaid taxes, one of them by placing a tax lien on your real estate. A tax lien will make it more difficult to sell your property, especially if you owe more than your home is worth and […]
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Northeast Florida home sales prices rose another 8% over in 2018, in a seemingly endless race to a new market peak!Average residential home sales prices have risen 6-8% yearly for the last 5 years in a row, totaling an almost 40% increase total. The average sales price in the greater Jacksonville area has risen from […]
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Did you know that if your Florida home forecloses, the lender can be granted a deficiency judgement and pursue you for their losses?What is a Florida deficiency judgement?If you owed $400,000 on your Florida mortgage, and it foreclosed and sold for $350,000…the missing $50,000 would be the deficiency. Florida laws allow the lender a year […]
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A lot of my short sale clients have either considered a mortgage modification or been turned down for one by the time they have made the decision to move forward with a short sale.WHAT IS A LOAN MODIFICATION?In a mortgage modification the lender makes permanent changes to the terms of your home loan resulting in […]
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Did you know that less than half of all listed short sales actually end up successfully closing? As most Florida short sellers are highly motivated to sell, it is unlikely so many of these sellers simply change their mind, yet over half of all short sales fail to sell at all and simply expire, or fail […]
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How can upside down sellers afford a Realtor if there’s no money in the home to pay for one?Find out how to sell your over mortgaged Florida home in a short sale without paying a penny out of pocket in Realtor commissions or other closing costs… Realtor commissions in short salesIn almost all Florida real estate […]
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Facing a looming foreclosure can be a terrifying prospect, but you have options! Knowing your options and taking action quickly is the key to stopping your Florida foreclosure. In the past decade, we have hundreds of our clients avoid foreclosure. For a free consultation contact us anytime, and read on for a summary of all your options when […]
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How long will the short sale process take? While all short sales are different, there are some general timelines I give folks when asked. I have had short sales approved in days, years and everything in between, but most Florida short sales will generally last 4-5 months and will usually fall into these some general time frames:SHORT […]
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Short sales are a possible solution if you owe more on your mortgage than your home is worth, need to sell, and lack the funds to make up the shortfall. No two short sales are exactly the same as they all vary by lender, investor and the seller’s situation, but most short sales generally follows the same […]
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