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Home Buying in Jacksonville Beach : Real Estate Advice

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  • Local Info11
  • Home Buying30
  • Home Selling3
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Activity 30
Tue Aug 2, 2016
Livtaylor44 answered:
If you have a sophisticated buyer who is representing themselves, it is not really accurate to say that the listing agent "does twice the work". The caveat, of course, is "sophisticated buyer", or a buyer who has contracted an attorney who charges by the house, as opposed to an agent who charges 3% of the purchase price. The listing agent will still represent the best interests of the seller, which they should. From that perspective, if a buyer does not know what they are doing, they're just unrealistic, ignorant, and most likely a pain in the rear for the listing agent.

So given that sophisticated buyer, they should just reduce the final sales price by the amount of commission saved. I don't know how a listing agent can keep that money, it is unfair and unethical. Period. I'm certain that this will create a firestorm from agents, but as a previous agent, this is only fair, and very indicative of the future as websites like Trulia and Zillow provide better tools for self-representation. Don't hate me, it's just the flow of technology-enabled "innovation" and an Uber world of disintermediation. It DOES make better agents though, that's for sure!
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0 votes 14 answers Share Flag
Tue Mar 29, 2016
Margaret Burton answered:
If you need help, it is best to work with a real estate agent who can lead you through
the process. If you would like, I am part of a real estate company that can set you up with
a top agent in the area you are looking, there is no cost to you for our service.
Go to my website http://www.ParkPlaceConnects.com/mburton for more details.
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0 votes 1 answer Share Flag
Wed Mar 2, 2016
Davisdee1 asked:
Mon Dec 22, 2014
Gary Geer answered:
Talk to your agent and a real estate attorney before writing an offer to purchase this property. The owner has disclosed to you that legal action as started for their lender to foreclose and take back this home. ... more
0 votes 3 answers Share Flag
Sun Dec 21, 2014
Phylthis12 asked:
My home is foreclosure sale on 1/6/2015. I have tenants with leases living in the home with me. Has the protection act been or is it going to be extended and how will all of this effect…
0 votes 0 Answers Share Flag
Mon Sep 29, 2014
beacheslocallyownedbusiness answered:
Thu Jul 10, 2014
BluWaterApartments answered:
It's BluWater Beach Apartments, a luxury beach apartment complex.

As of July 2014 we have finished construction on a portion of the property and have residents on site already. Total luxury units too! We have granite countertops, stainless steel appliances, a dog park, a rooftop lounge, washer and dryers in the unit, etc.

Only 7 blocks to the Beach. Actually in our Sapphire Building we are almost at capacity.

Thanks Dot for asking, we are thrilled with how beautiful the construction has come along.
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1 vote 3 answers Share Flag
Mon Jun 23, 2014
Michael Joseph answered:
It's a risk but overall a lot of circumstances come into play. What is the crime like in the area? If it's high and the area isn't that great I wouldn't purchase a home there. Of course if it get's cleaned up it would increase in value but if it doesn't you are stuck with a home you may lose money on or be stuck with. ... more
0 votes 7 answers Share Flag
Wed Sep 18, 2013
Kevin and Julie McLaughlin answered:
Not sure they actually have one... We have had good response by emailing to ss@ocwen.com and HAFA@ocwen.com and HAMPNPVCASES@ocwen.com and copying each until you get the desired reply -
Good luck...
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0 votes 1 answer Share Flag
Thu Aug 15, 2013
Angelique Ivo answered:
usually not long, ours went on auction april 2nd and we were out a few days before, only to find out a realtor bought it for $68300, and wells fargo couldnt help us. hope this helped..
0 votes 1 answer Share Flag
Fri Sep 21, 2012
Rosina Eisenmann 904-482-8666 answered:
Before you take another step in the process, I recommend you speak with a real estate attorney specializing in short sales. I have used Howard Smith Law in Jacksonville and am pleased how he helps sellers through the process. He will meet with you for a short consultation at no cost and his fees are reasonable should you hire him and his team.

Second, what has your realtor advised regarding both properties you are selling? Hopefully they also have recommended the advise of an attorney.
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Wed Jun 6, 2012
Jeff Metcalf answered:
Depends on the situation. Each seller/landlord can make their own rules. Typically requires large deposit to secure the property then you pay rent as you normally would. Make sure you read all the fine print and possibly consult with an attorney prior to signing anything because I've seen some bad deals on the buyer/renter's side when they decided not to buy after living there a year. Be careful, but good luck!

Jeff Metcalf, REALTOR(R)
Watson Realty Corp.
(904)495-0115
www.Realty2Reality.com
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0 votes 1 answer Share Flag
Fri Jan 20, 2012
Todd S. Regelski answered:
Dear Lisa:

Yes, I know the bank owned beachfront property that you are looking at in Jacksonville Beach on 1st Street South #A. I suspect you have a foreclosure list that you have obtained and are referencing and/or have access to a foreclosure website, i.e. realty-trac.

If you're a first-time homebuyer and you've never purchased a home, let alone a foreclosure property, it is beneficial to contact a local real estate agent who can guide you through the process of buying a foreclosure. If you are currently working with an agent, make sure they know your priorities. Ask any potential agents if they have experience with foreclosures. Especially for first-time buyers, a good agent can be a comforting and helpful resource. If you need a REO specialist, I’m here for you awaiting your call.

Sincerely,

Todd S. Regelski
Advanta Realty, Inc.
Realtor®
Cell: 904-304-1000
Fax: 800-243-9257
Email: todd.regelski@advantarealty.com
Website: http://tregelski.advantarealty.com
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0 votes 3 answers Share Flag
Tue Nov 22, 2011
Holly Hayes answered:
I have seen several situations, including HOAs, where a junior lienholder foreclosed on a property in Jacksonville. It seems they go to a lot of expense and trouble, but it most likely improves their position with respect to getting some payoff.

Holly Hayes
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Wed Apr 27, 2011
Anna M Brocco answered:
Contact Well's Fargo directly, after reviewing your overall financials and other information a determination on qualification can be made....
0 votes 2 answers Share Flag
Wed Mar 2, 2011
Corey Buck Mann answered:
I truly feel that as a professional community we do a lot of behind the scene's help for home buyers and sellers. Our PAC dollars promote issues on the Local, State and National levels that promote homeownership and allowing all citizens to achieve the dream of homeownership. In addition to all of the suggestions below, education being the main theme, we should inform John Q. Public of what we do as an Organization. For more information on some specific items that may be of interest just check the RPAC site http://www.realtor.org/government_affairs/rpac.

As a community, our strength in is numbers.
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0 votes 5 answers Share Flag
Mon Dec 6, 2010
Alma Kee answered:
Better to sell the lot and then purchase the house you want to buy. Otherwise to entice a "trade" you will most likely to have to pay more for the house and get less for your lot. ... more
1 vote 4 answers Share Flag
Tue Oct 26, 2010
Carol Zingone answered:
Mira,

There are several excellent retirement communities/Adult 55+ communities here in the area, and YES, you can find foreclosures in some if not all of these communities.

Here are some of the communities by name, to help you narrow your internet searching:

Brookdale Cypress Village (located adjacent to the new Mayo Hospital)
Fleet Landing
Riverwood at Nocatee
Cascades At World Golf Village
Sweetwater by Del Webb
Vicar's Landing in Ponte Vedra

Your best option is to work with a local agent who has their Senior Real Estate Specialist designation, which is abbreviated to SRES, as well as a foreclosure designation. The foreclosure designations are:
LMC- Loss Mitigation Certification
SFR-Short Sales, Foreclosures, REO's

You can visit my website (listed below) to search the complete Northeast Florida Multiple Listing Service.
I can help you with your search, as this is one of my niches!

Carol Zingone
Broker Associate, CDPE, GRI, LMC, SFR, SRES
904/993-9048
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0 votes 4 answers Share Flag
Sun Aug 29, 2010
Carol Zingone answered:
I also checked single family homes for you as well - in the Beaches area, there are a total of 15 homes priced at $100K or less from Atlantic Beach to Ponte Vedra Beach.

These are going to be best financed with either cash or conventional financing. As I stated in my prior answer, the conventional financing will most likely require 25-35% down payment from you to write a conventional loan.

Another option for financing these homes is the FHA 203K loan, also known as a rehab loan. These carry a slightly higher interest rate, but do allow you to essentially roll the improvement costs in the loan. The home will have to appraise at both purchase price, as well as improved condition.

Happy to help - if I can help further, please let me know.

Carol Zingone
Broker Associate
Prudential Network Realty
904/993-9048
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0 votes 3 answers Share Flag
Wed Aug 25, 2010
Persa190 asked:
well rented complexes. Want to be put on an automatic email with properties meeting my criteria. I would also like to see well priced 2 bedroom places under $100k with a boat dock included…
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