Tag

investment properties

investment properties

Mortgage Rates Continue to Fall

By | Traditions Property Blog

If you have been sitting around waiting for the time to buy to get even better than it already was, then it is really time to stop waiting. Experts have been saying that “now” is the time to buy for the past year, and all signs indicate a recovering market that will only continue to improve over the next coming months. Yet, despite these indications the mortgage rates are continuing to fall, making “now” and even better time to buy then last year.

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Changes Coming to Short Property Sales

By | Traditions Property Blog

Short property sales in Jacksonville, or short sales as they are better known, are now a whole lot shorter than they were before. New regulations from Freddie Mac are expediting the short sale process on many homes in Jacksonville. These new stipulations went into effect in the end of 2012 and are helping many people transition faster through the stages of purchasing a short sale.

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Jacksonville Foreclosures Leading the Nation

By | Traditions Property Blog

Over the past five years many people have turned to investment property in an attempt to maximize their profit potential during the housing crisis. They’ve done this by taking advantage of short sales and foreclosures in Jacksonville and throughout Florida. In Jacksonville, there are still plenty of foreclosures available, meaning that Jacksonville residents can still take advantage of these investment opportunities.

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New Terms for Short Sales in Florida

By | Traditions Property Blog

In recent years, short sales have been hot topics. Often confused with a foreclosure, a short sale can be looked at as a pre-foreclosure sale. Those who are potentially facing a foreclosure are often eligible to sell their home as a short sale instead. This refers to people who are unable to afford their homes, but are also unable to sell their house for the price for its estimated value.

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Building a Nest Egg with Property Sales

By | Traditions Property Blog

Everyone has certain dreams for their retirement. For some, this dream entails letting go of your home and belongings and traveling the world without holding back. For others retirement brings to mind visions of days out on a boat, spending more time in the garden and rotating between homes as you get to know your grandkids. Whatever your goals are, retirement is a time that many people look forward to. This is a period of your life when you call the shots. There is no pressure to work, no place you have to be, no goals you are working to meet—at least that is the ideal situation.

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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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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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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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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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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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Foreclosures Going Fast as Housing Flipping Makes a Comeback

By | Traditions Property Blog

For several years, house flipping was a huge trend in the housing market. As part of the house flipping practice, investors would purchase foreclosures and then fix them up so they could re-enter the market as a higher priced property sale. When the housing market took a hit, so did the house flipping practice. Some investors stayed in business by purchasing Jacksonville foreclosures and opening them up for rental property management, but others abandoned the practice altogether.

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The Boom of New Construction Property Sales

By | Traditions Property Blog

A number of surveys and economic trends coming out lately indicate that the economy and the housing market are on a positive swing. This is especially true here in Jacksonville, where the city ranks within the top 100 improving markets in the entire United States. The downtown core of Jacksonville is also experiencing urban revival and homes throughout the First Coast are spending less time on the market before finding a buyer.

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Renovation Mortgages and Florida Foreclosures: A Great Combo

By | Traditions Property Blog

Florida foreclosures are a great way to purchase a home on a dime. As foreclosures in Jacksonville–as well as around the rest of the nation–have steadily remained popular over the past several years, more people have looked to property sales in Jacksonville as a mode of investment. Property sales are a great way to invest money, especially if you are willing to purchase a home that could stand for a substantial amount of home improvements. That is why it comes as no surprise that “renovation mortgages” are becoming more and more popular—especially here in Florida.

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Builder Confidence is Up in the 55 + Housing Market

By | Traditions Property Blog

As the generation of baby boomers continues to age, more and more talk has been allocated to the discussion of the housing market and property sales for the 55 and up crowd. Are boomers going to stay put or are more retiring Americans going to continue selling their houses and move towards sunnier shores. Florida foreclosures have been a point of interest for many adults who choose to move to Jacksonville and other areas of the state as they retire, but there is still a large market of new construction homes for adults 55 and up.

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