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Traditions Property Blog

Category Archives: Traditions Property Blog

Higher Property Value? Head to the Bus Stop

By | Traditions Property Blog

Location gets talked about a lot when it comes to real estate. Being close to the water, in a district with premier schools and having nearby highways and shopping centers are all positive attributes that contribute to higher property values, but there is one more aspect that is frequently overlooked—the bus stop. According to a recent survey, properties located close to high-frequency public transit are about 42 percent more likely to experience a financial boost from their location as compared to those without any public transportation in the immediate vicinity.

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The Time to Buy Property Sales is Now

By | Traditions Property Blog

If there is one lesson that most homeowners learned all-too-well over the past decade it is that timing is everything in the housing market. When you are purchasing a property sale or foreclosure in Jacksonville is a huge determining factor in the value of a home. This is especially true during times of vast home value changes like we experienced during the housing bubble in recent years. Those who stayed in their homes over the past five years are likely still experiencing a bit of sticker shock as you examine the difference in value your home might be estimated at today in comparison with that at the height of the housing market. Prices have finally stopped dropping, and in many areas they are actually on the rise.

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Tips by Tree Removal Cincinnati OH on how to grow a tree in Jacksonville

By | Traditions Property Blog

Spring is in the air! This means all sorts of things to all sorts of people, but for many the onset of Spring is the onset of gardening season. This is the best time of the year to get start pulling out the weeds that have overrun your yard during the long winter and start spending the long, bright evenings outside with your fingers in the Earth. However, before you start sowing seeds it is a good idea to assess what you want growing in your yard.

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How Big is Your Jacksonville Property Sale?

By | Traditions Property Blog

What size home are you looking for? Turns out, the size of your desired home might have something to do with your age. This probably doesn’t come as too much of a surprise to many people who are looking at property sales in Jacksonville. After all, your age will have a huge impact on what you are looking for in a home. The young couple with a growing family needs something different out of a home than a retired couple looking to downsize. While there are certain common trends, the example doesn’t always make the rule.

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With Property Sales & Foreclosures, Millennials Say “I’ll DIY”

By | Traditions Property Blog

The Millennial generation gets spoken of often when it comes to anything to do with the economy. The Millennial generation is constitute by those currently between the age of 18 and 35—the age group who came of age during the earliest years of the new millennium. Part of the reason this generation gets so much attention is purely circumstantial. This age group was hit exceptionally hard by the 2008 fiscal crisis. This is the generation of young people who had recently started entry level positions when the nationwide layoffs first came into play. This also includes the young families who had recently purchased property sales in Jacksonville and across the United States at the height of the housing bubble before home prices dropped and foreclosures were looming.

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Trends in Property Sales Change as Mortgage Rates Go Up

By | Traditions Property Blog

The past five years have been home to some of the lowest mortgage rates ever recorded. While not all families have been able to take advantage of the low mortgage rates offered by many lenders nationwide, there are many others who have been able to do just that. Experts have looked at the historic drop in mortgage rates as playing a large role in keeping the housing market above water. As more and more families in Jacksonville experience foreclosures and short sales, low mortgage rates have made it possible for some to purchase property sales in Jacksonville, and this same story is true around most areas of this country.

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Property Sales Prices on the Rise

By | Traditions Property Blog

Homeowners across the nation rejoiced a bit last year as the cost of many property sales shot up at a rather quick pace. Many homeowners took this sharp burst as an indication that the housing market was officially on the mend, and that their home may recoup any lost worth it experienced over the past several years. This isn’t likely to be the case however, and it is wise for those looking to buy and sell property to be aware of how these trends often work, and understand what they should expect.

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Jacksonville Getting a Bit Brighter?

By | Traditions Property Blog

If you started looking at property sales in Jacksonville after dusk recently, you might have been shocked by just how dark it gets in this city. It hasn’t always been this way. Just last year the Mayor of Jacksonville Mr. Alvin Brown decided it was in Jacksonville’s best interest to turn off the street lights. Not all of the street lights were shut off. For example, major roadways were kept well lit, as were areas that receive a great deal of foot traffic after dark, but some 2,000 streetlights across the city flickered off one morning never to come on again. This is a move that saved the city of Jacksonville about $300,000 in tax payer money, but it is something that has gotten a lot of criticism from many different corners.

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Property Sales a Huge Part of American Culture

By | Traditions Property Blog

Having a comfortable place to live is an essential aspect of the illustrious “American Dream,” but what does that mean in essence? For many people, including many people who take advantage of rental property management opportunities in Jacksonville, this means buying a home. Looking at property sales in Jacksonville is much more than an investment opportunity or a house to keep your belongings. For a house to become a home it has to become a part of you, and that is what so many people are trying to envision as they look through property sales, foreclosures and yes, even rental opportunities here on the First Coast.

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Boost Property Sale Value During Tax Season

By | Traditions Property Blog

For most people, tax season is a source of nightmares—not a reason to rejoice. However, for those who are expecting a refund in the mail, the tedious paperwork and mile high pile of receipts might not seem to daunting after all. While April 15th is fast approaching, there are already plenty of people who are thinking two steps ahead of themselves as they try to determine the best way to spend the extra cash that comes courtesy of the IRS.

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Firms Buying Florida Foreclosures in Jacksonville

By | Traditions Property Blog

Going once, going twice, gone. This is the sensation that many people are experiencing as thousands of Florida foreclosures are flying off the metaphorical shelves. The second half of 2012 gave way to a huge boost in foreclosure sales, in addition to short sales and other property sales in Jacksonville that were completed before a foreclosure was necessary. The boost is coming from just a small handful of investment firms, and while it has many banks and homeowners happy that their property sale is complete, a good number of experts are scratching their heads with a worried brow over the potential of this buying trend hurting the Florida housing market down the road.

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February Leads Property Sales in Florida

By | Traditions Property Blog

February: The season of love; the final breath of winter; the month that passes in the blink of an eye. There are many things that February is known for, but for Florida home owners there is one other factor that the month holds a reputation for—property sales. In Jacksonville and throughout the rest of Florida, February is a peak time for property sales. This is true for Florida foreclosures and short sales, as well as for traditional property sales in the sunshine state.

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Multifamily Property Sales Going Strong

By | Traditions Property Blog

Since the economic struggle that struck so many home owners over the past several years, some aspects of the housing market have been recovering at a stronger rate than others. Particularly, the multifamily housing sector has been leading the way when it comes to economic growth in the housing market. Over the past several years multifamily homes have made up a strong percentage of property sales in Jacksonville, and with many foreclosure and short sales also available in multifamily communities, many people have turned to these smaller residences while waiting for their personal economic health to turn around.

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Property Sales Going Back to School!

By | Traditions Property Blog

When it comes to purchasing a home, whether it is a traditional property sale in Jacksonville or one of the many Florida foreclosures that are luring so many people into home ownership here on the First Coast, there are several environmental aspects that just about everyone considers. The neighborhood, the local amenities and access to support systems like family, hospitals and fire stations are just a few of the considerations many people make prior to buying a home.

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Property Sales Going Back to School!

By | Traditions Property Blog

When it comes to purchasing a home, whether it is a traditional property sale in Jacksonville or one of the many Florida foreclosures that are luring so many people into home ownership here on the First Coast, there are several environmental aspects that just about everyone considers. The neighborhood, the local amenities and access to support systems like family, hospitals and fire stations are just a few of the considerations many people make prior to buying a home.

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Time to Move! Packing Tips for your Next Property Sale

By | Traditions Property Blog

For many people, the most dreaded aspect of searching for new property sales in Jacksonville and perusing Florida foreclosures is the looming threat of packing up all of your earthly belongings and putting it on the moving truck. Every day people pay hundreds of dollars to experienced movers to do the task for them so they don’t need to figure out how to dismantle their king size bed or get their wrap-around sofa out of the tiny door way and across the front lawn.
Moving is tough to do, but it is an integral aspect of the property sales process. Whether you are moving from one rental property management program to another or are finally making the leap from a rental property to a property sale or foreclosure, physically moving is something you are going to have to face.
Luckily enough there are a few essential tips you can follow to reduce the hassle associated with your next move. Here are a few tips to keep in mind:
1. Pack everything first. There is nothing worse than letting moving day arrive only to still be taping up boxes and wrapping glass items in paper. When it is time to put boxes on the truck everything should be ready to go.
2. Label everything. It shouldn’t come as a surprise to you to learn that when they are taped up boxes all look the same. Use a sharpie to your advantage and do as much labeling as you can. Label boxes by the room they go in, what they contain and if they hold fragile material make that bold and clear.
3. There is such a thing as free boxes. Avoid using makeshift packing materials like trash bags and grocery bags by finding as many boxes as you can. While moving stores sell sturdy boxes, you can find plenty of boxes for free by stopping by your local liquor or grocery store. Call ahead and ask when the best time is to pick up boxes. Most stores are happy to give them away as it saves their employees the hassle of breaking them down and throwing them out.
4. Pack what you need to use now first. A lot of people leave what they think they’ll need right away for last, but in the end the items that you are going to need to use today (think: toiletries, underwear, pants, shoes…) end up being thrown in with the items you never use and don’t know what else to do with. Do yourself a favor and pack what you need now in an overnight bag and keep it off to the side. This will make finding what you need during the move much easier.
What other tips do you have for moving without the hassle? Remember, finding the property sale is just the first step. Getting there with all of your belongings is sometimes the hardest part!

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Last Call for Damages on Foreclosures!

By | Traditions Property Blog

The National Mortgage Settlement is a national settlement that happened between several of the country’s largest banks and the Attorney Generals of a large number of states across the country. The banks involved in this settlement include Bank of America, Ally/ GMAC, Citi Bank, JP Morgan and Wells Fargo, and the settlement that was reached in 2012 could mean significant financial help for someone who lost their home to foreclosure in recent years.

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Property Sale Loans Not Getting Any Easier

By | Traditions Property Blog

The Wall Street Journal reported early this month that home loans or mortgages are not predicted to become any easier to obtain over the next several years. The credit standards required to obtain a home loan are becoming more stringent than ever in many housing markets, leaving many potential home buyers biting their nails in confusion as they hope to take advantage of the remaining Florida foreclosures and the low cost of Jacksonville property sales right now.

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Property Sales as Good as New with $1 DIY Tricks!

By | Traditions Property Blog

Whether you recently purchased a traditional property sale in Jacksonville or have invested in a Florida foreclosure, there is one thing that you are likely going to encounter—home repairs. Even the most fixed up model home is hiding a few scratches and dents somewhere within the couple hundred square feet of living space. After spending a great deal of money on your home while purchasing your property sale or foreclosure, the last thing you will want to do is contact a contractor when the smallest things go wrong. But that doesn’t mean you are up for ignoring the blemishes as they make themselves known.

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Property sales in Jacksonville the cheaper option for living

By | Traditions Property Blog

In past decades renting a home through rental property management in Jacksonville or elsewhere was looked at as a way to cut living costs. It was considered an ideal living situation for those looking for a short term solution to where they would be staying, great for demographics like students and business professionals who are constantly on the move. Renting was less expensive than buying a home, requiring only the financial stability of month to month payments and eliminating the necessity of large down payments when you are seeking a comfortable place to live.

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The Winter Blues

By | Traditions Property Blog

December is one month of the year when most of us think of home more than any other season. We deck our halls, take time off of work and even purchase trees to sit in our living room so we don’t need to leave the house to witness a bit of nature. For a lot of people, the layout of a home for the holidays is even on the list of considerations when exploring property sales in Jacksonville. However, with the winter come other considerations that many of us don’t take into account during other parts of the year—like how to manage the cold weather.

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Property Sales and Tax Seasons

By | Traditions Property Blog

It is the end of the year and for many people that means one thing: tax season is just around the corner. You may have purchased your house this year as you obtained a great deal on a property sale in Jacksonville, or maybe you purchased a second home or investment property by taking advantage of one of the remaining Jacksonville foreclosures. Well for all of you—especially those of you still out there looking at property sales in Jacksonville –tax season does not need to be something worth dreading.

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Five Reasons Home Property Sales are Getting Pricier

By | Traditions Property Blog

The second half of 2012 has been witness to an increase in housing prices across the United States, and this has impacted the price of property sales in Jacksonville, as well. Florida foreclosures are especially experiencing an increase in pricing cost, as the homes that were selling at the bottom of the market have experienced the greatest growth in selling price over the past year.

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New Year Repairs for a New Looking Home

By | Traditions Property Blog

Whether you’ve recently purchased a Florida foreclosure or are in the process of listing your home as a property sale in Jacksonville, chances are your home could use a little bit of care. There is no better time to put a bit of love into the appearance of your home than New Year’s Day. Get the year started off right with simple DIY tricks for around the house.

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Big Down Payments a Problem for Many Jacksonville Property Sales

By | Traditions Property Blog

In a strong economy, it can take an individual well over a decade to put enough money away to put a down payment on a home without any outside assistance. However, new regulation proposed by the Federal Government would stipulate a mandatory down payment of 20 percent on any home, and mandate that potential home buyers who are unable to put forward that kind of cash be considered “high risk” buyers, reducing their chances of obtaining a fair mortgage rate.

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Saying Thanks to your Jacksonville Home

By | Traditions Property Blog

November is the season of Thanksgiving, and this spirit of gratitude can reach far beyond your kitchen. After all the stress surrounding your property sales comes to an end and you are settled in your Florida foreclosure or rental property, why not take some time this month to say “thanks” to your home for being the living space you’ve dreamed of.

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Could Rail Transit Build Property Sales in Jacksonville?

By | Traditions Property Blog

Is an expanded commuter rail the next step for Downtown Jacksonville? Downtown Jacksonville is notorious for being difficult to drive around and park in. With an abundance of tall business buildings, the downtown area is home to only a small number of families considering the city’s size, and the amenities in the downtown area reflect the lack of population that calls the downtown region home. The city is home to ones small rail line that connects the most inner portions of downtown Jacksonville and San Marco. While catering to businesses and alleviating some traffic congestion from the downtown area, most agree that this small rail line doesn’t go far enough.

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Former Foreclosures Now Opportunities for New Property Sales

By | Traditions Property Blog

It has been four years since the housing crisis in 2008 shifted the fate of thousands of Americans by forcing them underwater on their homes, making mortgage payments difficult to impossible to pay. Since 2008 more than six million homes have been foreclosed on. While those foreclosures in Jacksonville gave many people opportunities for more inexpensive property sales, it also meant that as many as six million families were forced out of their homes. Where all those families decided to live after losing their homes is as varied as anyone could imagine, but four years later many of those families are returning to the housing market in search of new property sales.

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Property Sales Boosting Jacksonville’s Economy

By | Traditions Property Blog

Could the housing market give the economy a much needed boost in the upward direction? Thanks to the trends in the housing market over the past five years, most people would be pretty hesitant to start talking about the housing market in a positive light. However, recent trends in the housing market indicate a rise in potential home buyers coupled with a decrease in the amount of time homes are staying on the market, and experts are now saying that these positive trends could help with a much broader economic recovery.

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What’s in a Window?

By | Traditions Property Blog

Whether you are fixing up an old foreclosure in Jacksonville or are renting a home through rental property management one thing remains the same: everyone loves to save money. When it comes to home maintenance, you might feel the sticker shock of the upfront cost a bit more acutely than the perk of saving money in the long run, but don’t let that scare you from putting much needed TLC into your home. One way you can cut long-term costs from your living expense is to install energy efficient windows.

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