Jacksonville FL Real Estate Update: December 2010

Short Sale Frustrations for a Jacksonville home seller!

Well, it happened again... a short sale contract fell through the day before closing because the buyer didn't get final approval from his lender underwriting.

While it is tempting for me to go on a rant about the mortgage industry as a whole right now and the seeming ineptness of underwriters and their lack of caring one bit about how much anxiety they pile on buyers and sellers, I know that doing so isn't going to help my clients get their house sold.

My heart bleeds for them as I have struggled to help them jump through every hoop that their own lender presented and then wait and wait and wait on the buyer's lender to come through with the loan for which they said the buyer was PRE-QUALIFIED. Sadly enough, this is the second time a sale has fallen through on this same property. 

Fortunately, our MLS allows for continued marketing of short sale properties but, of course, once there is an accepted offer the status changes in the listing and all advertising which pretty much cuts off interest from other potential buyers.

So, today we are hitting it hard and heavy to let buyers know that this fantastic 3 bedroom, 2 bath home in the heart of Mandarin on Jacksonville, Florida's southside is back on the market and the super low price of only $135,000 has already been approved for a short sale.  

If you are in the market to purchase a home for sale in Jacksonville or if you know someone who is, this may just be the perfect fit.

Home for Sale in JacksonvilleThis 1664 sq. ft. home is beautifully maintained and centrally located in Mandarin on a large, well-manicured lot. Roof is only a few years old... enclosed patio with hot tub included. Out building is equipped with electric and water which is great for use as workshop, hobby room or whatever. 

Other features include: cementitious siding, woodburning fireplace, french drains, water softener, sprinkler system on timer, interior atrium and more. 

This unique floorplan, coupled with a centrally located woodburning fireplace, split bedrooms and beautifully landscaped lawn makes this an ideal home for you. The enclosed back patio with spa (included) overlooks a finely manicured fenced backyard... perfect for relaxing and entertaining friends and family.

This is a winner from A to Z!



Tim FennellTim Fennell is a Florida licensed Real Estate Broker with The Legends of Real Estate, REALTORS® in Jacksonville, Florida.

His strong background in business development, real estate investments, counseling and marketing greatly enhance his skills as a Listing and Internet Marketing Specialist. 

Tim and his wife, Susan, have over 30 years experience in Jacksonville Real Estate sales, marketing and investing. Both are Accredited Consultants in Real Estate (ACRE®). When you're ready to be consulted with, rather than sold to, give Tim and Susan Fennell a call.

Visit Authors Website →   

Comment balloon 0 commentsTim Fennell • December 30 2010 04:20PM
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