Updated: Tuesday, May 22, 2012
Interest rates have been cut to 2% as the Feds continue to aim off a possible US recession. This is the seventh rate cut since Sept 2007. This should lower the interest rate charged by financial institutions for home mortgages. The inventory of homes for sale continues to climb. Sellers of Northeast Florida homes and condos are facing some interesting challenges.
As the foreclosure inventory grows, financial institutions are becoming more flexible with sellers who find a buyer for their property but require a short sale for the contract to close. The inventory of Northeast Florida homes, condos and townhomes for sale includes not only short sale Northeast Fl real estate but also those that are now owned by banks and other financial institutions and are offered for sale through the REO process.
As the seller of a Jacksonville Fl home or Atlantic Beach, Ponte Vedra Beach condo that requires a short sale, use my expertise in this process to help you navigate this complex process. To tour a wonderful Ponte Vedra Beach Florida condo offered for sale using the short sale process – please CALL TODAY.
My services are free to you the buyer; use my knowledge to help you locate the Ponte Vedra, St Augustine, Orange Park, or short sale Jacksonville Fl property that is being sold.