What The Buyers Are Thinking About Date: 2/9/2010 4:51 AM Jacksonville Real Estate isn’t just for the buyer that plans on relocating and living there. Many of the properties offered in a great city like Jacksonville are perfect for the investor who either wants to flip the property or rent it out. With that in mind, they are several attributes that would-be investors should know [...]
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Approaching Lenders When You're Self-Employed Date: 1/23/2010 2:05 PM You’ve finally found that piece of Florida real estate that you’ve have your heart set on for years, and nothing but owning one the Cape Sound Condominiums that’s available on Amelia Island will do. In fact, the only thing left to do is to approach a lender to get the money for a mortgage. If [...]
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[Click on the title to view the entire post and many other Florida Real Estate topics at SeasideViews.com]
September is Banner Month for Florida Condos Date: 11/4/2009 12:02 AM According to a new report from the Florida Association of Realtors (FAR), September sales of existing condos in Florida increased a whopping 77% over last year’s numbers.
Confidence in buying is back in a big way and not just for first time home buyers getting the $8,000 tax credit either.
” (Anita) Williams, broker-owner of The Realty [...]
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Confidence in the Florida Condo Market Date: 11/2/2009 12:48 PM “Starwood Sees Payoff in Patience” – Wall Street Journal 10/7/09
A Starwood Capital Group led consortium is buying the Florida condo assets of the broken up Corus Bank. In this depressed market Starwood sees opportunity for real investment return in Florida condos in the near future.
Starwood’s Barry Sternlicht makes their motivation clear:
“In years three, four...
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A VA Purchase Loan Has Many Benefits Date: 7/14/2009 5:07 PM Buying a house but not sure what you're going to use to finance the purchase given today's climate in the mortgage market?
If you're a veteran or active duty military, then you must consider a VA Loan, a benefit thanks to your service to the United States. A VA Loan is a great option for [...]
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Reduce Your Closing Costs Out Of Pockets: Here's How Date: 6/30/2009 6:24 PM It’s a buyer’s "make an offer" market. Everyone knows that.
What a lot of buyers don’t know is that if cash out of pocket at closing is one of their impediments to buying, that they can solve that issue in the price negotiation with a seller.
Most lenders will allow a seller to contribute up to to 6% [...]
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VA Loans Popular In Military Towns Like Jacksonville Date: 6/29/2009 1:58 PM VA loans are great for military buyers. They allow for no money down loans up to the VA limit without PMI (Private Mortgage Insurance). The actual loan is originated through a traditional bank with the VA guaranteeing a portion of the loan. The VA loan guidelines also spell out what fees and closing costs can [...]
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Florida Property Tax Portability Explained Date: 6/26/2009 11:00 PM So just what is Property Tax Portability? Recent Florida legislation allows residents that are moving from one primary residence to another to bring the accrued property tax savings on the taxable value of their existing homestead property with them to their new primary residence. This can mean up to a $500,000 decrease in the taxable [...]
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What is a "first time homebuyer" anyway? Date: 6/26/2009 1:32 AM It might not be what you think. The $8,000 first time homebuyer tax credit provided for home purchases in 2009 has a few definition wrinkles that include more people in the incentive than I originally thought. According to the IRS newsroom website, a first time homebuyer is anyone that has not owned a home in [...]
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Eric Miller
Keller Williams Realty
Atlantic Partners
Real Estate Sales & Development
904.476.3032
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