Three quick tips about using an FHA 203K loan for renovating a Jacksonville foreclosure... If you haven't heard about this program, it's a regular FHA home loan coupled with a renovation loan. If you qualify for a standard FHA loan, you can get a 30-year fixed as long as both loans only total 96.
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08/20/2010
We heard similar information first-hand from Bank of America execs during a summit we attended yesterday in Jacksonville, FL. We plan to put together some customer-friendly handouts and other information to share. Important annoucement for Realtors who have Chase and Bank of America Short Sale L
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08/20/2010
Update on Jacksonville FL Waterfront Foreclosure Home for Sale Recently I shared with you a "unique find" in the Jacksonville FL foreclosure market. Not surprising, especially for this amazing waterfront location, it's now PENDING. It went under contract in 12 short days. It was only listed for
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06/28/2010
Buyers, PUH-LEASE pull out cash for purchases...at least until you close! Back on June 1, I posted an announcement (a warning, really) to buyers who are preparing for closing. The rules have changed! Fannie Mae rolled out it's "Loan Quality Initiative" and it's having widespread impact. While ma
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06/23/2010
Is the Jacksonville FL home market really recovering? Recently the Florida Times-Union published its quarterly real estate report over the Father's Day weekend. The paragraph of the article suggested that "recovery" was underway. As a local Jacksonville Realtor and home owner, I'm not so sure..
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06/22/2010
Can be tricky to get qualified, but many benefits... USDA loans in many areas are becoming more popular, yet many loan officers still don't know much about them, hence why they still aren't talked about much. Just as FHA loansweren't used as much as they should have from 2000 - 2006, because sub
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06/19/2010
Unique Find: Waterfront Jacksonville FL Foreclosure Home Every now and then a truly unique foreclosure will pop up in Jacksonville, FL. This once is on a huge, waterfront lot with a deep water boat dock. Some of the renovations are already underway. The detached garage appears to have been used a
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06/16/2010
Settle in and Get Comfortable...Real Estate Market Outlook for Jacksonville FL That's been our advice to real estate consumers in the Greater Jacksonville FL area that we serve. One of the first things we were taught about the real estate market is that change happens SLOWLY... That's why you w
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06/08/2010
Fernandina Home for Sale with SIX bedrooms in North Hampton Golf Community! If you haven't been to North Hampton'sArnold Palmer Signature Golf Course Community, you will have to see this first hand. Right now, on this gorgeous Saturday, you could be spending your sunny Florida afternoon on the
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06/05/2010
A sneak peak from behind... A preview from "behind" the Fernandina Beach home that will hit the market tomorrow! Not just a huge fenced yard, or a relaxing koi pond, but look behind the fence! Preservation forest, room for your personal garden, outdoor lighting and separate irrigation to sav
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06/03/2010