A quick tip when selling your Jacksonville, FL house via Short Sale. Make sure to keep up communication with your Lenders. Several recent short sales have been denied due to "Lack of Communication" with the seller/owner.
You can read more about it here: Jacksonville Short Sale Tip for Home Owners
More information on Short Sales: Jacksonville Short Sale Information Guide
Just updated the latest market report for Jacksonville Waterfront Home Sales in North East Florida. The report includes single family homes sold in 2009 with Navigable waterfront access. You can see the video at either of these stops:
Brad Officer's Waterfront Home Sales Jacksonville Florida
You Tube Video of Brad Officer's Jacksonville waterfront homes market update
Need to Sell?
Upside Down in the homes value?
You may be eligible for a Short Sale in Jacksonville Florida. A short sale is the sale of a property for less than is owed to the bank. Check out WIKI's definition of a short sale here. In order to complete a short sale you need a true hardship, a legitimate reason for needing to sell, and a professional real estate agent who works with Short Sales.
The process isn't easy by any means. The home still has to be sold and in today's market it is competing with other short sales and bank owned properties within the same area and same neighborhood.
To learn more about the short sale process, go to the Complete Short Sale guide for Jacksonville Florida.
Brad Officer, Jacksonville RE/MAX Real Estate Agent, Jacksonville Realtor
Avoid foreclosure by selling the house for less than is owed. This is called a short sale and is a much better option than foreclosure. It takes a little work and communication with the mortgage company, but is a very viable option if you are underwater on the home and can no longer afford the payments.
For more information on Short Sale help in Jacksonville, FL, check out my most recent article on short sale help in Jacksonville FL. The article discusses foreclosure, loan modification, and short sales.
In today's market, the demand for waterfront homes is still strong. At only 155 days as the median for 2009, Jacksonville waterfront homes are still selling. Read the full blog "selling a waterfront home in Jacksonville".
The natural attraction to living on the water obviously creates demand for these homes, however I also believe there is a "flight to quality" helping out.
As any home buyer is looking for 3 things right now: #1 A DEAL, #2 Location, #3 A well built home. With these three items in check - a house purchase investment is secure.
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