Property Q&A in Jacksonville>Question Details

Jennifer Bre…, Other/Just Looking in 30022

Why is the price so low on this gorgeous house? Hubby and I are renting in Riverside and love this house.

Asked by Jennifer Breaux, 30022 Tue Dec 30, 2008

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This house was listed earlier this year at $289,000, so the current price is 26% lower. The listing states the seller is selling "as is" which may indicate some issues with the property. The listing in the Multiple Listing Service states to call the seller direct with questions about the property - I'm happy to do so if you like.

"As Is" properties come with their own set of challenges. It could be something simple, or it could be something difficult. The listing states this home (which was built in the 1930's) has newer wiring, and newer roof.

Llisting a property "As Is" does not relieve the seller from disclosing all known material defects with the house, it simply means they are not interested in handling repairs for these defects, and the house is priced to sell in it's current condition.

If I can help you further - please let me know.

Happy New Year!
Carol Zingone
Broker Associate
Vanguard GMAC
Top Producer
Web Reference:
2 votes Thank Flag Link Wed Dec 31, 2008
Hello Jennifer Breaux,

I am Jorge Nuñez, Realtor with EXiT Real Estate Gallery here in Jacksonville FL.

This beautiful vacant home being sold by a Magnolia Property Agent is a good example why we should never buy or sell Jacksonville real estate without a case study and analysis. At EXiT Real Estate Gallery we have in house representatives that will as a team come up with the correct answers you must have before selling or buying real estate. A must for does we consider clients.

If you are planning to buy real estate you should know the $25,000 secret. To avoid missing another good sell Go to my website and use the unique search engine, it won’t disappoint you.

Before you hire someone else to sell or buy your property, give us an opportunity to meet and ask us about our 50-G and our 100% Referral Programs and how we make them work for you together with our EXiT 2-10 Home Warranty Programs. You will then understand why EXiT Realty is the fastest growing real estate franchise ever.

For our clients convenience we also speak Arabic, Chinese, French, German, Korean, Filipino and Spanish.

Jorge Nuñez, Realtor, RECS

Florida HomeBuyer Magazine 2009, Five Star Realtor

Web Reference:
1 vote Thank Flag Link Wed Dec 31, 2008
Hey Jennifer,

This home is under contract as of today. The home is beautiful and old. The listing agent (another Watson agent) said there is nothing glaringly wrong with the home, as he said "it's just old".

This is the 3rd contract on this home so, if you'll send me your email address I'll forward the MLS listing sheet to you so you can have a look at all pics and descriptions. And, in the meantime, I'll keep in touch with the transactions in case there is another opportunity for you with this home.

All the best,

Katherind Davidson, Watson Realty Corp
1 vote Thank Flag Link Wed Dec 31, 2008
Actually the home is priced at $189,900 now. Original list price started at $259,900. I can only speculate there is strong seller motivation to sell and price reflects the state of the Jacksonville housing market. If you and your husband would like an appointment to view this home, just give me call or shoot me an e-mail. With great rates on new mortgages, it is a really good time to buy.

With warm regards,

Judy Laufer
Home Buyer Magazine 2009, Five Star Realtor
Premier Property Certified
Vanguard Realty, Inc. GMAC Real Estate
Cell: (904) 955-8588
Fax: (904) 880-5138
1 vote Thank Flag Link Wed Dec 31, 2008
Hi Jennifer. Probably the only way to answer your question is to go inside the home and see what repairs are necessary. Give me a call or come by and visit, my office is a few blocks away at The Shoppes of Avondale, and we'll create a plan that allows you to find and purchase your dreamhome, if that's what you would like to do.
Thanks for your time,
Sincerely, Jason Lindsay, REALTOR, 904-894-6587
0 votes Thank Flag Link Sat Jan 3, 2009
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