Short Sale and Foreclosure Properties Jacksonville

Fannie Mae Lease back program?

2009-11-06T07:17:00.001-08:00

Fannie Mae may allow owners in foreclosure to lease back their homes, read details here

Should you walk away from a second home?

2009-11-05T09:07:00.000-08:00

Found this article on WSJ homes website, since we can't advise on whether to do or short sale or not, it's nice to find these articles.
Click here to read a Q & A about doing a short sale on a second home

If you need to sell your home, contact our real estate team at 904-260-3787

95 Active Jacksonville REO properties over 200K

2009-11-04T06:46:00.001-08:00

Looking for a higher end REO Foreclosure property in Jacksonville?
Click here
all of the currently available foreclosure properties on the market are in that link!

Call us for representation if you are thinking of buying and REO or Foreclosure property in Jacksonville, Florida.

439,000 approved short sale in St. Johns Forest!

2009-11-04T06:41:00.000-08:00

WOW!
What a deal on this home, 5/5 4,000 sqft. 3 car garage, preserve lot, wood floors, and very close to the gate and amenities.
210 location but less than 2 minutes to 95!
Go to http://www.Short-Sale-Jacksonville.com for more info, or just give us a call

Bank of America loses 2B

2009-10-16T16:09:00.000-07:00

Bank of America US's 2nd largest bank, reports a loss of 2 Billion w/ a B due mostly to mortgages.

Click here to read the article.

For any of you who have ever dealt w/ BOFA for a short sale you know that a lot of this could be saved if they streamlined their system,

They are known around the country for having the longest response time to a short sale offer.

However they have recently teamed up with http://www.REOTRANS.com to try and make the whole short sale process online.

We are doing our first short sale deal through the system now, if this works the way it's supposed to it will be a huge improvement.

If you are interested in purchasing a short sale in Jacksonville, Florida please contact our team directly.

179 New Foreclosures on The market since 10-1-09

2009-10-16T12:55:00.000-07:00

You can see all of the foreclosures and REO properties listed since 10-1-09 by clicking here

If there is a yellow C or yellow P next to the property it's already gone.

If you would like to view any of these properties call me at 904-716-3387 and we can open them up for you.
Our services to you are FREE! The banks pay our commission!

Don't wait

Wachovia Loss Mitigation Department

2009-07-28T06:39:00.001-07:00

For anyone needing the contact info. Here are there latest numbers, please keep in mind if you have a second with Wachovia the numbers are different.

Wachovia Loss Mitigation Contact Information

Wachovia Corporation
(866) 642-8608
8:00 a.m.-5:30 p.m. Monday-Thursday
8:30 a.m.-4:00 p.m. Friday

Foreclosure notices jump this month

2009-07-16T02:21:00.000-07:00

97% increase month to month from last year, could be an accident
but most seem to think this is a trend.
Click here to read the story from Jacksonville.com

Hope for California Home Prices could Help Jacksonville in the near future

2009-03-21T05:18:00.000-07:00

We hear a lot "Watch what happens in California, and the rest of the Country will see the same soon."
Here is an article I came across this morning in the Wall Street Journal, showing an up-tick in homes sold and the number of buyers out there, but still a realistic idea of what's soon to come in real estate markets. We are seeing some of the same here in Jacksonville, recently our Remax Team had multiple offers on a non-distress property, 10+ offers on a REO in Jacksonville. These are good indicators that our housing market is nearing bottom... Hopefully.
Click here to read the story

New Foreclosure Jacksonville's SOuthside

2009-03-19T07:58:00.001-07:00

Just put this one on the market yesterday!
3/2 almost 1600sqft in great location close to the beaches,
Bank owned and asking $145,000 quick close and answer to offers available.
Located in the Cross Creek Neighborhood off of Kernan Blvd.
Contact us at 904-260-3787 with any questions or to schedule an appointment you can also go to our foreclosure website foreclosures-jacksonville.com

Possible Moratorium on Foreclosures

2009-01-29T11:39:00.000-08:00

WASHINGTON (Info from this article at MarketWatch) - Senate Banking Committee Chairman Christopher Dodd on Thursday discussed his financial regulatory reform program, which includes a proposal that would put a moratorium on foreclosures for up to 90-days. In a meeting with reporters, Dodd said the banking committee would try to have regulatory reform legislation ready by April, a deadline sought by President Obama. Dodd also said he "wouldn't be surprised" if the Treasury Department makes a request to Congress for more funds for a financial recovery program to create a government so called "bad bank" used to buy illiquid mortgage securities. Dodd also said that the Banking Committee will likely consider attaching a controversial provision that would give bankruptcy judges the authority to modify mortgages to an $825 billion stimulus bill

Foreclosure numbers for the worst hit areas in 2008

2009-01-18T07:28:00.000-08:00

Worst hit areas

The three states hit hardest by foreclosure in 2008 were Nevada, Florida and Arizona. In Nevada, 7% of homes received a foreclosure filing - such as a notice of default, auction sale notice or foreclosure sale - during the year, up 126% from 2007.

Florida filings soared 133%, hitting more than 4.5% of all households, while Arizona filings jumped 203%, also to about 4.5%. California had the highest total number of filings for any state, 523,624, more than double 2007 levels.

Stockton, Calif. had the highest rate of foreclosures of any metropolitan area, at 9.5%. Las Vegas was second with 8.9% and Riverside/San Bernardino Calif. was third with 8%.

Of the top 20 cities for foreclosures, most are in the Sun Belt, with the exception of Detroit at number 10, Memphis, which ranked 18th and Denver which was 19th.

Taken from MSNBC article

JP Morgan expands help to real estate investors

2009-01-18T07:22:00.001-08:00

This just came out, click here to read the story

VA Owned Home Deal of the week

2009-01-12T18:00:00.000-08:00

Just reduced 10k
Property Type Residential Price $ 153,900
Region 05-RIVERSD/AVONDAL/ORTEGA/ WESCONNETT Area 054-YUKN/WESC/OAK H
Parcel # 098927 3190 Subd-Legal VILLAGES @ WESTLAND
Common VILLAGES @ WESTLAND Association Fee Y
Assoc Fee $ 210 Assoc Fee Freq Annually
CDD Fee Y/N N CDD Fee 0.00
Bedrooms 3 Full Baths 2
Half Baths 0 Bdrms Conform Y
Approx. Heated SqFt 2,051 Year Built 2004
Appx. Lot Dimensions 0.17 Waterfront Y/N N
Navg. Wtr Frnt Y/N N
Home is turn key ready, spotless, only downside is it backs up to a man made pond, and not a lot of back yard, however great house, nice floor plan, split bedrooms, lots of sqft.
Remarks:This one is in ''move-in'' condition. Fireplace in family room, backs to a serene pond. ***VA Owned***, being sold ''as-is''.
ype of Dwelling: Sngl. Fam.-Detached
Square Foot Source: Tax Roll
Bath: MBR Bath Tub Sep Stl; Garden Bath
Dining: Separate Dining Room
Kitchen: Breakfast Bar
Major Appliances: Range Electric; Microwave; Dishwasher; Refrigerator Fireplace: 1 Fireplace
Type of Heating: Central Heating
Type of Cooling: Central Cooling
Utilities: Water - Public; Sewer - Public
Water Heater: Electric Water Heatr
Style: Ranch
Structure: Wood Frame
Exterior Wall: Brick Accent
Roof: Shingle Roof
Pool/Hot Tub: No Pool Parking Facilities: Attached Garage; 2 Car Garage
Approx Parcel Size: Less than 1/4 Acre
Lot Description: Regular Lot
Presently Zoned: Residential
Road Frontage: City Street
Road Surface: Asphalt Road
Possible Financing: Will Consider FHA; Will Consider VA; Conventional; Cash
Title Status: VA Owned
Occupancy: At Closing

Buying a short sale or a Foreclosure

2009-01-12T04:12:00.000-08:00

Found an article on the WSJ today, a question and answer article.
Decent info here from an unbiased source..
Click HERE to read the Q&A

Today's Deal 4/2 2250sqft 174K

2009-01-07T08:23:00.000-08:00

3419 Volley Ct in Jacksonville
$174,900

4 Bedrooms
2 Baths
Sq Ft: 2240

MLS# 454564

Foreclosure REO
Fort Caroline Jacksonville FOreclosure
Features
List Date: 11/21/08 Garage: Attached Garage Subdivision: Forest Hills
Approx Parcel Size: Less than 1/4 Acre Assoc. Fee: $120.00, Annually Total Baths: 2.00
Lot Description: Regular Lot Cooling: Other Cooling Property Description: Sngl. Fam.-Detached
Heating: Other Heating

GREAT BUY FOR LOCATION, QUICK DRIVE TO MAYPORT, AND DOWNTOWN JACKSONVILLE.
CONTACT DIANE HAYES W/ THE BROXSON TEAM AT RE.MAX SPECIALISTS FOR MORE INFO.
904-881-5354

Deal of the week!

2009-01-05T05:03:00.001-08:00

	Status	Active
Property Type	Residential	Price	$ 154,900
Region	09-NORTH JACKSONVILLE	Area	091-GARDN CTY/AIRPORT
Parcel #	044274 1150	Lot	17
Subd-Legal	VICTORIA POINTE	Common	VICTORIA POINTE
Association Fee	Y	Assoc Fee	$ 682
Assoc Fee Freq	Annually	CDD Fee Y/N	N
CDD Fee	0.00

Bedrooms	5	Full Baths	2
Half Baths	0	Bdrms Conform	Y
Approx. Heated SqFt	2,147	Year Built	2006
Appx. Lot Dimensions	0.53	Waterfront Y/N	N
Navg. Wtr Frnt Y/N	N

New Construction Y/N	N	Homestead	N	Gated Community	N
Historic Area	N	Mobile/Mfg Home	N

Directions:From 95, south on I-295, exit south on Duval Road, approx 1 mile, left into Victoria Pointe, left at Tori Lane.
Remarks:Priced to sell, almost new home ready to move into. 4 bedrooms plus bonus room upstairs on large preserve lot. Bank owned being sold ''as-is''.

We just sold a home down the street for about the same pricing, home went quick.
DON'T WAIT!
contact Diane Hayes 904-881-5354 to schedule an appt.

New REO Properties in Jacksonville for sale

2009-01-04T17:32:00.000-08:00

--------------------------------------------------------------------------------
Property Status: LISTED (available for sale now)

Zip Code: 32218

Loan: 329079433 Address: 3598 JACOB LOIS DRIVE, JACKSONVILLE, FL
Rooms: 11 Bed: 4 Bath: 3.0 Price: 192,500.00

Zip Code: 32222

Loan: 328185019 Address: 6587 HARMON HILLS COURT, JACKSONVILLE, FL
Rooms: 7 Bed: 3 Bath: 2.0 Price: 144,900.00

Zip Code: 32257

Loan: 524397007 Address: 4741 REED AVE, JACKSONVILLE, FL
Rooms: 6 Bed: 3 Bath: 2.0 Price: 209,900.00

Zip Code: 32258

Loan: 304329231 Address: 12700 BARTRAM PARK BLVD1434, JACKSONVILLE, FL
Rooms: 6 Bed: 2 Bath: 2.0 Price: 87,500.00

Dropping prices next week

2008-12-24T07:29:00.000-08:00

Just a head's up for buyers in the market for a home or investors looking for a great deal.
We will be drastically reducing prices on almost all of our short sale homes and foreclosures in Jacksonville in the coming week.
Make sure to sign up on our short sale site
to receive updates on new pricing and properties.
Also, rates are at all time lows,REALLY. click here to read newswire story on Marketwatch
Have a MERRY CHRISTMAS!

million dollar foreclosures jacksonville

2008-12-11T15:24:00.000-08:00

River Oaks Plantation FORECLOSURE-DEAL OF THE WEEK

2008-12-11T15:04:00.001-08:00

This can't last a pool home in River Oaks Plantation for only
$335,000

5 Bedrooms
3 Baths
Sq Ft: 2630

CALL US TODAY BEFORE IT'S GONE
List Date: 12/02/08 Garage: 2 Car Garage, Attached Garage Pool/Spa/Hot Tub: Yes, See Pool Features
Subdivision: River Oaks Plantatio Additional Rooms: Family Room, Lndry/Util. (inside), Separate Living Room Approx Parcel Size: 1/4 to 1/2 Acre
Assoc. Fee: $385.00, Annually Bath Features: Garden Bath, MBR Bath Tub Sep Stl Total Baths: 3.00
Bedroom Features: Split Bedrooms Common/Club Ament: Club Facilities, Dock/Pier Structure: Wood Frame
Exterior Wall: Stucco Fencing: Fenced Rear Lot Description: Regular Lot
Major Appliances: Dishwasher, Microwave, Range Electric, Washer/Dryer Connect

Additional Features: Great price for this pool home in great neighborhood. Fifth bedroom is upstairs with full bath. Screened pool, Large kitchen open to family room and good size back yard.

NO PICTURES AT THIS TIME, CALL US TO MAKE AN APPT!!!!
904-716-3387

Another new website to search foreclosures in Jacksonville

2008-12-11T14:56:00.000-08:00

We transfered over one of our site to make a new foreclosure search page.
Click here
To see the site where distress home buyers can find foreclosures and companies can order Broker Price Opinions in Jacksonville, Florida.
We will be updating the site on a regular basis so stay tuned

Mandarin and NW St. JOhns County Foreclosures and Short sales

2008-11-30T06:50:00.000-08:00

Our site has come up with a new way to search for short sales and foreclosures
click here to view listings of only short sale, pre-foreclosure and Foreclosure properties in Mandarin and St. Johns County.
The system is not perfect, so if you are serious about purchasing a distressed property in Jacksonville, we still suggest you use our main short sale site, and fill out the form for finding short sales and REO properties.
GOOD HUNTING!

Foreclosures up 5% From September

2008-11-23T06:42:00.000-08:00

New programs may help curb new foreclosures, however the rise in unemployment numbers in white collar jobs may bring more short sales and foreclosures in middle to upper end homes

Bank approval-DEAL OF THE WEEK

2008-11-11T17:28:00.000-08:00

Previous buyer backed out on buying this home on Tori Lane
Located on Tori Lane you can find pictures and info at our short sale website
Great deal, bank is willing to pay up to 3% of buyers closing costs, 4/2 on a lake 2178sqft. Again, lots of info on our site.
Bank approved at 158K
Or you can contact us directly at 904-716-3387 for more info.

Still need offers on previous posts
Candlewood and Deersong Loop and Bartram Park.
BURGANDY BRACH IS CLOSED
PEERLESS POOL HOME UNDER CONTRACT

HAVE 2 NEW SHORT SALES CONDO IN JAX BEACH 3/2 180K & 3/2.5 1 car garage on the southside at 120K.

Call us for more info or visit the site

Have a mortgage with CITI?

2008-11-11T17:19:00.000-08:00

If you have a mortgage with CITI mortgage in Jacksonville or northeast Florida, take a look at this video

NEED AN OFFER ON THIS SHORT SALE

2008-11-02T08:01:00.000-08:00

Great buy on a preserve lot in Northeast Jacksonville, Home is close drive to Mayport Naval Station and the beaches, + downtown.
Home is in great condition, lender is waiting on an offer.
Home is a 4/2 2400sqft 2 car garage, in great condition.
Contact our Short sale Foreclosure Division at 904-716-3387 to submit an offer or to schedule an appt.

Brand new short sale Bartram Springs, looking for offers.

2008-10-24T07:49:00.000-07:00

Looking for any offers here, Bank has suggest short-sale for this seller. BOFA And Countrywide, long process, but a great buy for investor or first time home buyer.

2/2
Approx. Heated SqFt 1,362 Year Built 2006

Shows Like Model and overlooks lake! Kitchen features 42' cabinets; smooth top range; microwave; tile floors. Master bath features upgraded tile and garden tub. This floor plan has wonderful loft witch can be converted to 3rd bedroom (has closet). This home is a short sell and seller has been working with the bank to have everything ready. Bring all offers!

First offer goes to bank, and will be locked with only accepting back ups, contact us for more info.

Not what you are looking for make sure to go to our short sale website http://www.Short-Sale-jacksonville.com

Home prices drop 5.9 %

2008-10-23T19:23:00.000-07:00

Largest drop since 1991...
Click here for full article, interesting figures in the link.
If you are thinking of purchasing a foreclosure in Jacksonville, make sure to visit our
short sale and REO main website.
HERE

Now a Short Sale w/ large equity Position

2008-10-16T08:38:00.000-07:00

Great buy, 4/3.5 2638 sqft. for only $207,000
All offers will be submitted, but be realistic.
Owner had large equity position when he purchased, so huge opportunity here.

To view more about this home click here

New deal of the week! 10-13-08

2008-10-13T06:01:00.001-07:00

2700+ sqft home on Jacksonville's Southside in Sutton Lakes!
Huge backyard with inground pool.

Home just came on the market on Sunday won't last through the week!
Contact our Specialty Division at 904-716-3387 to schedule an appt. and to make an offer!

This property is a short sale, that the bank has asked our team to do for the current owners!

Click here to view more short sale properties like this one

BEST DEAL ON THE MARKET RIGHT NOW

2008-09-19T06:20:00.001-07:00

3323 Burgandy Branch Dr in Orange Park

$150,000

5 Bedrooms
3 Baths
Sq Ft: 2287

MLS# 444810

Short Sale Opportunity
5/3 Short Sale opportunity.

Features
List Date:	08/04/08	Garage:	2 Car Garage, Attached Garage	Subdivision:	Hickory Glen
Additional Equipment:	Security Sys.-Owned, Smoke Detector	Additional Rooms:	Bonus Room/Game Room, Entry Hall / Foyer	Approx Parcel Size:	1/4 to 1/2 Acre, Less than 1/4 Acre
Assoc. Fee:	$50.00, Annually	Bath Features:	Garden Bath, MBR Bath Tub W/Shwr	Total Baths:	3.00
Bedroom Features:	Split Bedrooms	Common/Club Ament:	Sprinkler System	Interior Amenities:	Vaulted/Cath. Ceil., Walk-in-Closet(s)
Kitchen Features:	Breakfast Bar	Lot Description:	Regular Lot	Major Appliances:	Dishwasher, Dryer, Range Electric, Refrigerator, Washer/Dryer Connect
Cooling:	Central Cooling, Electric Source
Additional Features: LENDER APPROVED AT THIS PRICING, BANK SHORT SALE WITH APPROVAL. BEST PRICED HOME IN ALL OF ORANGE PARK, WILL NOT LAST! Open Floor plan, big master(garden tub and sep. shower) Bonus Room, Split bedrooms, formal dining. much more. Open Kitchen, w/ stainless steel dishwasher & Stove, Has everything you need at great pricing. Contact US TODAY AT 904-260-3787 TO SCHEDULE AN APPT FOR THIS WEEKEND, THIS SHORT SALE WILL NOT BE AROUND NEXT WEEK. CURRENTLY THIS IS THE BEST PRICED 2000+ SQFT NEWER HOME IN ALL OF ORANGE PARK!

Foreclosures Up, but slowing

2008-09-12T04:17:00.000-07:00

Foreclosure filings in August increased 27 percent compared to the same month a year ago, a significantly slower pace than in previous months, according to data released Thursday.
Click here for full story from Yahoo

Deal of the week

2008-09-08T14:27:00.000-07:00

Sorry about the delay on this one, but we have been waiting all day to make sure the original buyer was not moving forward.

2447 Woodstork Pl in St Augustine
$192,000

5 Bedrooms
3 Baths
Sq Ft: 2634

Short Sale
World Golf Village Short Sale, Heritage Landing Pre-Foreclosure
Features
List Date: 08/18/08 Garage: 2 Car Garage Subdivision: St Johns Six Mile U2
Stories: 2 Stories Additional Equipment: Smoke Detector Additional Rooms: Entry Hall / Foyer, Family Room, Lndry/Util. (inside)
Approx Parcel Size: Less than 1/4 Acre Lot Dimensions: 60x125 Assoc. Fee: $75.00, Monthly
Bath Features: Garden Bath Total Baths: 3.00 Bedroom Features: Split Bedrooms
Common/Club Ament: Club Facilities, Playground, Tennis Court(s) Exterior Wall: Stucco Elementary: Mill Creek
Energy Features: Heat Pump-Air, Zoned System

Additional Features: LENDER APPROVED AT THIS PRICE!!! SELLER DOES NOT PAY FOR SURVEY, NO REPAIRS TO BE MADE BY SELLER. QUICK CLOSE AVAIALABLE Over 2600 square feet 5 bedrooms and 3 bath, Formal Dining/Living Combo, Large Family room with hard wood floors.!!! Property is priced for quick SALE!!! pre-approval must accompany offer + Receipt of Binder! Property is priced for quick SALE!!! Contact us about this Pre-Foreclosure at 904-716-3387

IF YOU WOULD LIKE TO RECEIVE NEXT WEEKS DEAL OF THE WEEK CLICK HERE
SHORT-SALE-JACKSONVILLE.COM
and click on contact us or buy short sales and REO properties.

Wild animals take over a Foreclosure in California

2008-09-06T10:07:00.000-07:00

Something you don't see everyday
Click here to read the full story

Government may soon have to bail out Fannie and Freddie

2008-09-05T21:28:00.000-07:00

Looks like it's getting closer, why always on a Friday? "Throwing out the trash"
Click here for full article from the AP

Foreclosures reach new high

2008-09-05T09:36:00.000-07:00

Information taken from Bloomberg
Foreclosures accelerated to the fastest pace in almost three decades during the second quarter as interest rates increased and home values fell, prompting more Americans to walk away from homes they couldn't refinance or sell.

New foreclosures increased to 1.19 percent, rising above 1 percent for the first time in the survey's 29 years, the Mortgage Bankers Association said in a report today. The total inventory of homes in foreclosure reached 2.75 percent, almost tripling since the five-year housing boom ended in 2005. The share of loans with one or more payments overdue rose to a seasonally adjusted 6.41 percent of all mortgages, an all-time high, from 6.35 percent in the first quarter.

Tumbling home prices are making it difficult for even the most creditworthy owners with adjustable-rate mortgages to sell or get a new loan as their financing costs rise, said Jay Brinkmann, MBA's chief economist. Prime ARMs accounted for 23 percent of new foreclosures and subprime ARMs were 36 percent, he said.

``People chose the lowest payment option to get into some of the very expensive housing markets and now that prices are coming way down, they can't sell and they can't afford the higher payments,'' Brinkmann said in an interview.

The three-year-old housing slump has slowed growth of the world's largest economy, caused more than half a trillion dollars of losses at banks such as Citigroup Inc. and UBS AG, and crimped earnings for companies such as Home Depot Inc. and Lowe's Cos. that rely on home purchases to fuel demand.

Economic Growth

The drop in home sales and values, along with tighter credit conditions and higher energy costs, probably will ``weigh on economic growth over the next few quarters,'' Federal Reserve policy makers said Aug. 5 when they decided to hold their benchmark rate at 2 percent. The central bankers cut the rate seven times in the last year in an attempt to avert a U.S. recession.

The Fed probably will keep the rate level for the next few months, according to the price of Fed funds futures. There's an 81 percent chance of no change at the Sept. 16 meeting and a 75 percent chance of no action at the Oct. 29 meeting, they indicate.

Foreclosures started on prime mortgages rose to 0.67 percent from 0.54 percent and the foreclosure inventory increased to 1.42 percent from 1.22 percent, the report said. The share of seriously delinquent prime mortgages was 2.35 percent, up from 1.99 percent.

Prime Mortgages

The share of new foreclosures on prime ARMs was 1.82 percent, triple the 0.58 percent in the year-earlier quarter, and the total foreclosure inventory was 4.33 percent, up from 1.29 percent, the report said. The share of seriously delinquent prime ARMs was 6.78 percent, rising from 2.02 percent a year ago.

New foreclosures on subprime loans rose to 4.7 percent from 4.06 percent in the first quarter, according to the report. The total foreclosure inventory increased to 11.81 percent from 10.74 percent and the so-called seriously delinquent share of loans that are 90 days or more overdue rose to 17.85 from 16.42 percent.

Existing home sales fell to a 10-year low in the second quarter and the median price for a single-family house dropped 7.6 percent, according to the National Association of Realtors in Chicago.

About 75 percent of U.S. banks surveyed indicated they tightened standards on prime mortgages, up from 60 percent in the previous survey, the Federal Reserve said on Aug. 11.

The Mortgage Bankers report is based on a survey of 45.4 million loans by mortgage companies, commercial banks, thrifts, credit unions and other financial institutions.

To contact the reporter on this story: Kathleen M. Howley in Boston at kmhowley@bloomberg.net.

New REO with potential

2008-09-04T13:48:00.000-07:00

$146,900

4 Bedrooms
3 Baths
Sq Ft: 2,028 Sq. Ft

Foreclosure REO
2 acre home owned by the bank in MIddleburg
Features
Lot Size: 210X400 Year Built: 1986 Interior Features: Garden Bath, Electric Water Heater
Exterior Features: Drinking Water from Well, Septic System, Parcel Size is 1 to 2 1/2 Acres Heating Features: Central Area: 141-MIDDLEBURG
Subdivision: VERIFYING SUBDIVISION County: Clay Central AC: Yes
Roofing: Metal Exterior Constructio: Wood Frame

Additional Features: Country living at its best on almost 2 acres. Wood floors, 2 fireplaces. Needs just a little TLC. Selling in its 'as-is' condition

Call US Today
Short Sale REO Foreclosure and Bank Owned Specialty Division
The Broxson Home Selling Team RE/MAX Specialists
12646 San Jose Bl.
Jacksonville, FL 32223
(904) 716-3387 Office
Email: info@short-sale-jacksonville.com

www.short-sale-jacksonville.com

Short Sale REO Foreclosure Division Of The Broxson Team at Re/max Specialists

THE PROPERTY LAST SOLD IN 2001 FOR 150K
PROBABLY IS GOING TO NEED LOTS OF WORK, CALL US IF YOU WOULD LIKE TO TAKE A LOOK.
GREAT PRICE PER SQFT FOR BEING ON 2 ACRES

Revised Deal of the week

2008-09-03T07:48:00.000-07:00

DUE TO THE SHORT WEEK, WE DIDN'T HAVE THE TIME TO SIFT THROUGH ALL OF THE LISTINGS TO FIND THE BEST HOME DEAL IN JACKSONVILLE, HOWEVER LAST WEEK'S DEAL, JUST DROPPED THEIR PRICE 15K!
BANK IS MOTIVATED!
PROPERTY IS APPROVED FOR EXPRESS FINANCING WITH THE POSSIBILITY OF 100% FINANCING AND NOT PAYING MIP.
CONTACT US AT 904-716-3387 TO SCHEDULE AN APPT.

$144,900

3 Bedrooms
2 Baths
Sq Ft: 1972

Foreclosure REO
Victoria Point Foreclosure Bank Owned Property REO Jacksonville
Features
List Date: 08/18/08 Garage: Attached Garage Subdivision: Victoria Pointe
Approx Parcel Size: Less than 1/4 Acre Assoc. Fee: $170.50, Quarterly Total Baths: 2.00
Lot Description: Regular Lot Cooling: Other Cooling Property Description: Sngl. Fam.-Detached
Heating: Other Heating

Additional Features: Must be shown with a licensed agent, no unescorted buyers please. Proof of funds or pre-qual letter must be presented with all offers.Must close with sellers closing agent.Seller does not pay for a survey .Min $1000 binder deposit. Buyer must pay deed stamps .

Call US Today
Short Sale REO Foreclosure and Bank Owned Specialty Division
The Broxson Home Selling Team RE/MAX Specialists
12646 San Jose Bl.
Jacksonville, FL 32223
(904) 716-3387 Office
Email: info@short-sale-jacksonville.com

www.short-sale-jacksonville.com/mls429453

Short Sale REO Foreclosure Division Of The Broxson Team at Re/max Specialists

Foreclosure in Victoria Lakes sold last week by our team

2008-08-29T07:06:00.000-07:00

At one point this property was for sale at 385K in Victoria Lakes, we were able to get the buyer in this property right at $185,000 on a VA loan, with the bank paying some closing costs.
If you are a buyer looking for a GREAT DEAL, contact our Foreclosure, Short Sale Specialty Division at 904-716-3387 for more information.

IF YOU WOULD LIKE TO RECEIVE INFORMATION ON OUR HOME DEAL OF THE WEEK, IT WILL BE POSTED FIRST THING MONDAY MORNINGS ON THIS BLOG, AND E-MAILED TO REGISTERED CLIENTS OF OUR SHORT SALE REO SITE CLICK HERE

TO REGISTER CLICK ON THE BUY A SHORT SALE REO, OR CLICK CONTACT US AND WE WILL SAVE YOUR INFO.

How to plan for closing when buying a bank owned property

2008-08-26T15:24:00.000-07:00

While all closings are different and almost all will have their hiccups.
More problems seem to come up with buyers when purchasing a Foreclosed property than with any other type of residential real estate.
Tip 1#
Don't get in a hurry...
The banks want to get rid of the property, this is true however, the attorney's office generally handling the transaction for the bank, is not in a huge hurry.
Read the contract you signed, what does the contract say?
If it says November 1st. then the closing should take place then, more problems occur when the buyer tries to move the closing date up.
If you want an earlier closing date, make sure you put it in the contract (if you can)
Most title companies will require at least 10-15 days to get title work together (yes, even if you are paying cash!)
NEVER EVER EVER...
Plan on moving in the day of closing. NEVER!
Generally the seller (bank or bank rep.) won't sign the HUD1 and other docs until the day after closing.
let me explain, most title companies that are handling your closing are not located in the city you are purchasing the home.
Once you sign the original docs at "closing" they get overnighted to the title-attny's office, then the rep. reviews and signs the docs.
Only then, are you closed and the home is yours.
While many Realtors will tell you at the closing table "Yea, you are fine, here's the key from the lock box, and have a great time moving" They are making a huge mistake.
DON'T TRY TO FIX STUFF...
Yes, most bank owned properties need new carpet, paint, landscaping etc.
But wait until after your closing and you are the new owner to do any updating or to order estimates.
The bottom line of this entry is don't get in a hurry, just like anything else when you are not dealing with one "SELLER" things get messy.
Stay calm, make plans to keep temporary housing even 10-15 days after the "closing is set to take place, that way if you do get the hiccups, they will be much easier to handle.

Deal of the week

2008-08-18T10:36:00.000-07:00

$159,900

3 Bedrooms
2 Baths
Sq Ft: 1972

Foreclosure REO
Victoria Point Foreclosure Bank Owned Property REO Jacksonville
Features
List Date: 08/18/08 Garage: Attached Garage Subdivision: Victoria Pointe
Approx Parcel Size: Less than 1/4 Acre Assoc. Fee: $170.50, Quarterly Total Baths: 2.00
Lot Description: Regular Lot Cooling: Other Cooling Property Description: Sngl. Fam.-Detached
Heating: Other Heating

Additional Features: Must be shown with a licensed agent, no unescorted buyers please. Proof of funds or pre-qual letter must be presented with all offers.Must close with sellers closing agent.Seller does not pay for a survey .Min $1000 binder deposit. Buyer must pay deed stamps .

Call US Today
Short Sale REO Foreclosure and Bank Owned Specialty Division
The Broxson Home Selling Team RE/MAX Specialists
12646 San Jose Bl.
Jacksonville, FL 32223
(904) 716-3387 Office
Email: info@short-sale-jacksonville.com

www.short-sale-jacksonville.com/mls429453

Short Sale REO Foreclosure Division Of The Broxson Team at Re/max Specialists