Friday, November 29, 2019

Short sale and foreclosure: How are they different?

As unfortunate as it can be when homeowners fall behind on mortgage payments and must face the possibility of losing their homes, short sales and foreclosures provide them options for moving on financially. The terms are often used interchangeably, but they’re actually quite different, with varying timelines and financial impact on the homeowner. Here’s a brief overview.

A short sale comes into play when a homeowner needs to sell their home but the home is worth less than the remaining balance that they owe. The lender can allow the homeowner to sell the home for less than the amount owed, freeing the homeowner from the financial predicament.

On the buyer side, short sales typically take three to four months to complete and many of the closing and repair costs are shifted from the seller to the lender.

On the other hand, a foreclosure occurs when a homeowner can no longer make payments on their home so the bank begins the process of repossessing it. A foreclosure usually moves much faster than a short sale and is more financially damaging to the homeowner.

After foreclosure the bank can sell the home in a foreclosure auction. For buyers, foreclosures are riskier than short sales, because homes are often bought sight unseen, with no inspection or warranty.


Thursday, November 28, 2019

606 Myrtle AVE Green Cove Springs, FL 32043

Property Site: http://tour.corelistingmachine.com/home/RKU6VT/606-Myrtle-AVE-Green-Cove-Springs-FL-1024852
Great two story pool home on large lot with views of the St. Johns river. Large covered front porch welcomes you to home. Downstairs is formal dining room, office or bedroom 5, family room and large kitchen with rope detailed crown moulding, wine and plate racks. Upstairs are 2 oversized bedrooms facing towards the front yard and a back bedroom with views of the St. Johns river. Entertain in a huge back yard either around the pool or on the concrete extended patio large enough to have full seating, firepit, etc. Side entry two car garage with walk up stairs to attic.
Bedrooms: 4
Bathrooms: 3
Square feet: 2,767
Price: $350,000

For more information about this property, please contact JENNI GALLI at 904-505-5619 or galliteam@comcast.net. You can also text 5915277 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).


See more listings at: http://www.gowithgalli.com/


MLS ID: 1024852

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Saturday, November 23, 2019

5399 Ortega Bluff LN Jacksonville, FL 32244

Property Site: http://tour.corelistingmachine.com/home/HXPVXX/5399-Ortega-Bluff-LN-Jacksonville-FL-1025969
For those who appreciate the beauty of nature-this full brick 4 bedroom home is on an oversized fully fenced lot. A huge sun room faces natural preserve. Inside, the home has an amazing floorplan! when you enter, you have a dining room and office on either side. The family room is huge with a beautiful marble/stone fireplace, laminate wood floors and french doors leading to the sun room. The oversized kitchen will amaze you. Cabinets, cabinets, and more cabinets! Even a wall to hang your TV to keep an eye on the game while you cook. Stainless steel appliances, a prep island and huge pantry/laundry room. Owners suite has doors leading to the sunroom, updated shower, vanities and granite counters. Hall bath has also been nicely updated. Great location near shops, restaurants and NAS Jax.
Bedrooms: 4
Bathrooms: 2
Square feet: 2,698
Price: $275,000

For more information about this property, please contact JENNI GALLI at 904-505-5619 or galliteam@comcast.net. You can also text 5910165 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).


See more listings at: http://www.gowithgalli.com/


MLS ID: 1025969

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Friday, November 22, 2019

4118 San Servera DR S Jacksonville, FL 32217

Property Site: http://tour.corelistingmachine.com/home/Q723GQ/4118-San-Servera-DR-S-Jacksonville-FL-1023682
This property is a tranquil piece of paradise with beautiful views of the water. A rare find in established neighborhood thats centrally located in Jacksonville on Goodbys Creek. The home boasts a private dock and boat ramp. This charming brick ranch style home, with circular driveway, has a new roof, HVAC, and hot water heater.
Bedrooms: 4
Bathrooms: 3
Square feet: 2,344
Price: $395,000

For more information about this property, please contact JENNI GALLI at 904-505-5619 or galliteam@comcast.net. You can also text 5908623 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).


See more listings at: http://www.gowithgalli.com/


MLS ID: 1023682

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Friday, November 15, 2019

What To Repair Before You List

When you’re getting ready to list your home, it’s of the upmost importance to ensure you are showing it in the best light. Taking time to highlight its strengths and fix up some of its possible weaknesses can make a big difference in how fast it sells. Here are our top five recommended repairs to make before selling your home.

Repaint walls.
Giving your home a fresh coat of paint is one of the most cost-effective ways to spruce it up, and generally, it can be a do-it-yourself project. Make sure cover any walls with scratches and chips and consider updating any accent walls with a more neutral coat.

Repair floors.
Hardwood floors are a very desirable feature in a home, so you want to ensure they look their best by fixing scratches or dull areas. If your carpet is worn or stained, consider replacing them. And don’t forget the tile in your kitchen or bathrooms. Re-grouting can go a long way in making dingy tile work look brand new!

Refresh the landscaping.
Show buyers your home is the full package by dressing up the outside as well as the in. Clean walkways and driveways, plant seasonal flowers and plants, trim hedges and trees, install outdoor d├ęcor pieces and fill in mulch and gravel.

Fix your fixtures.
Leaky faucet? Rusted drains? Loose drawer handle? Making these small fixes can make a big difference to potential buyers with detailed-orientated minds. Improve your kitchen. An outdated kitchen can be a real eyesore in a home. Updating cabinetry, repairing or replacing countertops, and installing new faucets and sinks may be worth the investment


Thursday, November 7, 2019

8330 Argyle Corners DR E Jacksonville, FL 32244

Property Site: http://tour.corelistingmachine.com/home/F4ECD3/8330-Argyle-Corners-DR-E-Jacksonville-FL-1023792
Great first home with high ceilings, arched windows, large fenced back yard and two car garage. Kitchen is open to family room with dining room off to the side. Fresh paint, new carpet and brand new a/c unit. Ready for immediate move in!
Bedrooms: 3
Bathrooms: 2
Square feet: 1,139
Price: $145,000

For more information about this property, please contact JENNI GALLI at 904-505-5619 or galliteam@comcast.net. You can also text 5887861 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).


See more listings at: http://www.gowithgalli.com/


MLS ID: 1023792

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Friday, November 1, 2019

Upsizing Your Home

Unfortunately, our homes don’t always grow with us. What may have initially worked fine for a single person, a young couple’s starter home, or a family with a newborn can quickly become too small as families expand and multiple generations live under one roof.
Remodeling and adding to your home is one option for creating more space, but it can be costly, and the size of your property may be prohibitive. That’s when moving to a bigger home becomes the best solution.

WHERE DO YOU NEED MORE SPACE?
The first thought when upsizing your home is to simply consider square footage, bedrooms, and bathrooms. But it’s important to take a more critical approach to how your space will actually be used. If you have younger children (or possibly more on the way), then focusing on bedrooms and bathrooms makes sense. But if your children are closer to heading off to college or starting their own families, it may be better to prioritize group spaces like the kitchen, dining room, living room, and outdoor space—it’ll pay off during the holidays or summer vacations, when everyone is coming to visit for big gatherings.

MOVING OUTWARD
If you need more space, but don’t necessarily want a more expensive home, you can probably get a lot more house for your money if you move a little further from a city center. While the walkability and short commutes of a dense neighborhood or condo are hard to leave beyond, your lifestyle—and preferences for hosting Thanksgiving, barbecues, and birthdays—might mean that a spacious home in the suburbs makes the most sense. It’s your best option for upsizing while avoiding a heftier price tag.