When you make the decision to purchase a home in Jacksonville, whether it is through a short sale, foreclosure or a traditional property sale, just about everyone starts with the same step: researching the mortgage.
No-one ever said buying a house is easy—and if they did, they were probably overlooking something. There is a reason so many people turn to professionals for support when buying and selling their homes. In Jacksonville, foreclosures and property sales take a lot of time, paper work and frustration. Even the rental process is stressful, making rental property management in Jacksonville a necessity for tenants and landlords alike.
Here today, gone tomorrow. That is a property sales theme that home owners in Jacksonville crave. Unfortunately, over the past several years the amount of time homes have stayed on the market for extended periods of time. When the housing market was at its prime in 2004 and 2005, the average house sold in only four weeks. This was a great incentive for those who wanted to sell their homes, and for those looking to buy it was crucial to act on a property quickly, as it might be gone the next day.
If you are like most people, then setting out to find a new home isn’t something you do every day. For those who purchase investment properties, searching through Florida foreclosure lists or viewing potential property sales in Jacksonville might be commonplace, but for those looking for a new home, experiences between buying your first house and looking for a second home could be years apart.
The past several years have been difficult for property sales in Jacksonville, as well as throughout much of the rest of Florida. Foreclosures and short sales have become prominent, while those attempting to sell their homes for market value have struggled to do so, sometimes spending months or longer on the market.