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Foreclosure in Ponte Vedra Beach : Real Estate Advice

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Activity 5
Thu May 4, 2017
Kgazaryants asked:
Mon Aug 24, 2015
polareyez1 answered:
Yes - invitation homes has bought up some of the foreclosures and then does not manage them after the tenant moves in. There is no HOA here so they (Invitation Homes) leaves it up to the tenants to maintain the outside of the home. When Invitation Homes charges 1500+ rent for a tiny house like this, it attracts students who want to live "near the beach". There is usually 3 4 or more residents living in a house sharing the rent. As you can imagine, absolutely nothing is cared for on the outside of the house. The property manager never checks on the condition and it isn't until residents call st johns county code enforcement and Invitation homes that MAYBE something will be done. We lived next to one of these homes and there were at least 6 people living in the first year with 3 dogs and the second group had 4 people living there. They mowed the lawn 2 times in the whole year. Multiply this by the number of Invitation Homes that are rented in the area...
There are also a large number of foreclosures in Sawgrass and along Ponte vedra Blvd. so the foreclosures are not limited to the lower cost homes in the area.
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Fri May 31, 2013
jeffoneal08 answered:
I have lived in my home built in 2007 by Toll Brother Nocate FL 32081 going on my fourth year. I noticed the stucco on my home creacking and debonding. Per the engineer my HOI sent out he also observed de-bonded and peeled synthetic stucco finish on the north, west and east walls of the building were consistent with prolonged (several months to years) exposure to moisture from water intrusion in the exterior stucco assembly due to improper detailing of the stucco assembly. Moisture infiltrated through cracks and gaps on the wall surface and around the window frame. Because of the impermeable properties of the acrylic based synthetic stucco finish, and the absence of a system to evacuate the moisture trapped behind the synthetic stucco finish, moisture was allowed to accumulate behind the walls finish. The prolonged exposure to moisture caused the synthetic stucco finish coat to deteriorate. Had a system been put in place to allow moisture to exit the system, the severe deterioration of the finish coat would have been avoided. Toll has denied liability. Now I have mold behind these walls The level of mold behind the walls are as follows Aspergillus/Penicillium kitchen, kids bedroom and master bedroom all at,99.998%, we also had a foundation leak in the kitcken and still have no island. My insurance ajuster also brought to my attention a leaking window. Regarding the foundation damage Ram Jacks reports states. Given the age of your home and the evidence of differential settlement it is the opinion of Ram Jack of Florida Inc. that the damage sustained by the home is the result of failure of the foundation and improper backfill. The home is uninsurable and the builder denies liability and that I an out of warranty.. AS of 1/28 I have no HOI coverage and the come continues to deteriate. We have two leaking windows. foundation leak and the water heater blew up an caused $1000 in water damage. If thats not enough the bull nose around the polls is seperating from the pool shell. GOOD LUCK TO NEW HOME BUYERs>
AS OF TODAY...NOW MY LENDERS FORCED PLACE HOI WILL NOT PROVIDE COVERAGE
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Tue Jul 27, 2010
Nanette Williams answered:
Hello,
I have specialized in the Beaches for over 14 years and would be happy to assist you in your home search. I have access to Foreclosures and Short Sales in the Ponte Vedra area as well as other areas in Jacksonville. Please feel free to contact me at nanette.williams@ziprealty.com or visit my site at http://ziprealty.com/agent/nawilliams
Thank you!
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