You've heard it everywhere. (We have, too.)
“It’s a sellers’ market!”
When Real Estate agents shout from the rooftops that we’re in a sellers’ market, we often look at each other and cringe. Here’s why:
Some Real Estate agents believe that a sellers’ market means sellers can jack up the price of their homes and still sell. However, this is the downslide we’ve watched time and time again in brokerages all around town. When the homes don’t sell (because the value of the home doesn’t match up with the selling price), sellers panic and ask their Real Estate agent to lower the price. This is what we call The Slow Death. A little at a time, agents continue to lower the price of the home over weeks and months until, eventually, they hit the range of the…
It seems so easy. The property taxes are listed right there in the city records! Our clients regularly check those records to get an idea of what their taxes will be when they purchase their new property or home. The trouble? Most real estate agents never even go over property taxes, let alone put a blinding STOP to clients trying to figure them out on their own. Eek!
The taxes on the property you're purchasing are simply-put not the same as the taxes were for the previous owners. In some cases they're far more than what the previous owners were paying, depending on how long they'd been in the property and whether or not they rented it out. And to determine how you'll be taxed on your new property, you need an expert.
With so many nuances involved in
Several times every week, one of the Round Table Realty agents shares a story in the office about a buyer who waited to make an offer. It’s a nearly identical story every time. A Round Table Realty agent shows their client a hoe in the Jacksonville or St. Johns real estate market, the client loves the home but decides to wait a day or two to “think about it,” and the home ends up under contract before the client can make an offer. The client is disappointed. The agent is sad for the client. The entire experience stalls or stops altogether.
If you’re in the Jacksonville or St. Johns market for a home, there are a few things you should know:
1. According to Trulia, homes are on the market an average of 64 days. That’s not listing-to-offer time;…
Home inspections are one of the scariest parts of the real estate transaction for both sides of the sale. Why? Because we've all heard the horror stories of an entire deal falling apart because of the dreaded home inspection report!
Recently we chatted with BJ Johnson, owner of Inside & Out Property Inspectors, because his is a company our Realtors know well and use often. His thorough inspections, including the use of an infrared camera, keep many invisible issues from hiding. We asked him what a home inspection report is, what details of a report could indicate major problems, and what BJ considers "fixable" issues that he sees in many of the homes he inspects.
While Inside & Out's inspections (like all inspections) are only visual in…
Whether you’re changing jobs, starting a family, or looking to retire, Northeast Florida real estate has been steadily growing and improving over the past 10 years. New construction is everywhere, and it’s far more affordable than you might think. Our clients are often surprised when they find out a brand new home is in their budget!
Jacksonville New Construction Real Estate
Jacksonville proper is filled with beautiful home developments, condominiums and apartments lining the St. Johns River, and a cultural explosion has left residents clamoring over local theatre, concerts, and art. A centralized Town Center means shopping, entertainment, and pleasure all in one place. Don’t forget Jacksonville is home to the NFL football team the Jaguars, the…
From a real Round Table Realty client:
My wife and I were looking for a house in 2016. The market seemed to be coming back in Jacksonville and while we weren’t positive our financial position aligned us with the house of our dreams, we both felt ready to invest in something that was ours.
After finding a FSBO (for sale by owner) home that we both absolutely loved, we discussed with the homeowner how the sale would proceed. An older couple, they both suggested we simply get a lawyer to draw up and review the paperwork associated with the sale. As we got closer and closer to making an offer in writing, my wife and I started feeling uncomfortable. “What if we’re missing something here? We can’t know if…
Your Realtor is your guide, in charge of helping you navigate around all the possible pitfalls and not-so-fun surprises that could cost you money when you're buying a new home. But your Realtor should also be taking into consideration the money you might be paying after closing day. We're talking about...homeowners insurance!
Before you even put an offer in on a home, your Realtor should be able to tell you how the age and location of the house will affect your insurance premiums. They ought to help you spot potential issues that would cause an insurance company to deny you coverage. If your Realtor isn't sharing these most important concerns regarding homeowners insurance with you as soon as you get serious about buying a house, then this video will help