This video explains about real estate transactions fees when selling or buying your home.
“Why do banks hold onto foreclosures?” I get this question about once a week. I like to refer to the time in between when a bank acquires a home to when they release it to put it back on the market as “FORECLOSURE PURGATORY” because that time period can be a matter of months to a matter of years. So, why do banks hold onto foreclosures instead of immediately releasing them for sale on the market? They hold these homes to refrain from dumping a large inventory of foreclosures on the market. If they did unload a ton of foreclosures at once, our housing market would crash again. Home prices would plummet! Now that the Jacksonville, FL housing market seems to be stabilizing, we definitely don’t want that!
So, if you are anxiously awaiting for more foreclosed homes to be released, keep a sharp eye open because they will be scooped up quickly. Your best bet is to contact me or one of my trusty associates here at North Florida Home Team to get set up for FORECLOSURE ALERTS. Once they hit the market, you are notified, and we get you in there to see the property! That’s a ton more effective than driving around looking for those white papers in the window, huh?
You can also visit this free online calculator can also help you decide whether to short sale or stay. Check it out!Don’t get caught up on foreclosures!
Check out our sites for more homes for Sale. You can find:
1859 Moorings Circle
Middleburg, FL 32068
Bedrooms: 6
Bathrooms : 6 (5 full, 1 half)
List Price: $1,395,000
Living Area Approx :
6157
Sngl. Fam.-Detached – ORANGE PARK, FL Gorgeous Shingle Style 3 story home directly on Doctors Lake. Each floor features balconies and over sized windows. Features separate 673 sq ft. In-law Suite above 3 car garage. High ceilings, hand scraped wood floors, gourmet kitchen with granite, center cooking island, wet bar. Newly installed luxury pool with heated spa, fire pit, covered gathering area and summer kitchen. 30` Dock with boat and Jet Ski lifts and fishing/bait section. Doctors Lake, connects to Black Creek, St. Johns River and the Ocean.
MLS#: 616687
PropertyType: Single-Family Home
Stories: 3 story
A/C: Central
Heating: Forced air unit
Exterior Walls: Wood Shingle
Roof: Composition Shingle
Pool: Pool & Spa (both)
County: Clay
Tax Rate Code Area: 0001
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