I was never really crazy about showing short sell homes anyway. Now, I'm TERRIFIED to sell one! If the average short sale takes 90-120 days to get to closing, there is just NO WAY a First Time Buyer can buy a house after this week and have any confidence that they'll beat the November 30th deadline to close. This really is hard for them to understand and sometimes I think they think I'm just being "Debbie Downer". The truth of the matter is that when November 30th gets here, they'll probably be about 3-5 weeks away from closing! I've heard the … (0 comments)
short sales in jacksonville fl: Jacksonville Short Sale Market
- 11/09/08 01:51 PM
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 listed in MLS are in some state of distress. The sale of these properties continues to drag the price of all listings down. This is a great time to be a buyer or investor in Northeast Florida. There are some unbelievable deals out there and it doesn't appear that … (0 comments)
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