I recieved many, many calls this week from First Time Buyers. They are hearing about the possible $35,000 they can get to help with the purchase of a home. This is in addition to the $8000 in tax relief they will get! Why not buy now? Interest rates remain very low and inventory remains very hi
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03/06/2009
It appears that most major lenders have frozen all foreclosures until at least the end of March. A formal announcement is expected Wednesday from President Obama concerning the foreclosure crisis we're in. I think that this is a great time for the lenders to step up and get their act together!
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02/14/2009
Great news concerning renters of foreclosed properties! I have been complaining and worrying about these tenants for months! I am so relieved that SOMETHING is finally being done. I hope they follow through with all of this and really protect these families caught in the foreclosure mess. This is
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01/14/2009
Please call me for more info on any of these listings. Happy New Year!
12/31/2008
After sharing several posts about the peril of renters caught up in the mess of home foreclosures, I am happy to report that help is on the way. Fannie Mae is coming to the rescue! I read the following article on the Florida Association of REALTORS web site today and was thrilled to see that this
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12/16/2008
The number of short sale properties in the Jacksonville area continue to cloud the market. A quick update of MLS indicates that 21% of all residential listings are either a short sale, REO or a preforeclosure. The condo market fared a tad better. The stats show that 16% of all condos currently
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11/09/2008
For the second time this month I had the difficult task of telling tenants that they had to move out. The homes they have been renting are facing foreclosure. This came as a surprise to the tenants as they had paid their rent on time and had a lease that runs through Spring of 2009. The investor
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10/22/2008
Approximately 19% of the homes currently active or pending in MLS are either REO homes or PreForeclosure homes. In the condo market, the picture is a little worse. Of all condos currently active or pending approx 27% are distressed listings. This continues to pull the price of ALL homes down. T
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10/13/2008