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Condo Short Sales - Jacksonville

By
Real Estate Agent with Berkshire Hathaway Home Services Florida Network Realty BK 3030920

I've recently noticed a slew of listings coming on the market in short sale positions - for example, a recent condo conversion, east of A1A, a unit that sold last year for $392 is back on the market at $259K - this is a 2 bedroom, 2 bathroom, and I know most of the buyers of these units were investors who got in on the tail end of the market. 

I was curious as to what the rest of the state is seeing, as I know there was more condo construction in other areas - and how other realtors are handling short sales?

Posted by

Carol Zingone is a full service Broker Associate proudly affiliated with Berkshire Hathaway HomeServices Florida Network Realty in Atlantic Beach, FL.  I help buyers and sellers locally, regionally, and internationally.  With hundreds of happy buyers and sellers over the course of my career, I'm thrilled to help first time buyers, military buyers, seniors, investors, 1031 exchange properties, short sales and REO's.  I have spent hours honing my expertise, including the designations of: Graduate Realtor Institute (GRI), Loss Mitigation Certification (LMC) , Short Sales, Foreclosures, REO's, (SFR), and Senior Real Estate Specialist (SRES).  I pride myself on providing excellent expertise to all buyers and sellers. Search the MLS via www.carolzingone.com  for Jacksonville and area listings!

 

David A. Podgursky PA
THE PODGURSKY GROUP @ Re/Max Direct - Boynton Beach, FL
THE PODGURSKY GROUP - Make the Right Move!

seeing them but not sure what kind of deals they really are

 with a thin margin, sometimes they're hard to get done because there is no room for commissions

also, houses down here that have been sitting empty, sometimes w/no electricity need mold remediation in some cases

Sep 26, 2007 01:48 PM