Jax Real Estate Report
Minna Reid, REALTOR®, Broker - Owner Reid Real Estate Group, serving Florida and Connecticut. Reid Real Estate Group specializes in foreclosure prevention, short sales, and probate sales.
RECENT BLOG POSTS
Can I sell my Florida house in pre-foreclosure? YES! You have until the day your home forecloses to sell it and stop foreclosure! Until the title of your Florida home transfers to the new owner, you are the legal owner and can do what you like with the property, including selling it. The forec...
07/14/2025
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Short Sales with a Reverse Mortgage A reverse mortgage is a special home loan for homeowners aged 62 and older that lets them turn the home’s equity into cash without monthly payments. The borrower can receive the money as a lump sum, regular monthly income, or in flexible amounts as needed. Th...
05/19/2025
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How does the short sale process work? There's just 5 basic steps to get you from here to closing!The Florida short sale process doesn't have to be overwhelming! While a lot happens behind the scenes, there's really just 5 basic steps to get you through your Florida short sale.With an experienced...
04/18/2025
A short sale is the process by which a home is sold for less than is owed on the mortgage balance.Sit back and let us handle all the details! As Florida's premier short sale specialists, we handle it all! We list your home, negotiate the short sale with your lender, and get you to close swiftly a...
12/04/2024
More info: https://myfloridahomesale.com/what-to-do-when-you-receive-a-notice-of-default-from-your-mortgage-lender-in-florida/
04/29/2024
FHA is the new subprime lender of the day, and will lead the wave of foreclosures to come. I hear a lot of arguments that loan quality is nothing like it was in the mid 2000's and so another real estate crash like the last one is impossible, but the reality is, subprime lenders of yesterday have ...
08/28/2023
The fall of the Jacksonville, FL real estate market continues!A year after the peak, the Jacksonville, Florida market continues to decline as sales and prices fall, while marketing time keeps creeping up! Prices have been rising quickly since 2018, but peaked in May 2022. Home sale prices through...
05/01/2023
Realtor commissions in short sales: How can upside down sellers afford Realtor fees or closings costs if there's no money in the home to pay for one?In almost all Florida real estate sales the seller pays for all customary closing costs out of the proceeds of the sale. In a short sale, where the...
03/27/2023
