Duval County, FL Real Estate News

By Minna Reid, Associate Broker
(Killebrew & Company Realty, Inc.)
Becoming a personal representative for a deceased person can be an overwhelming and unexpected experience. The probate process can be complicated, and getting the home sold quickly and smoothly is always the goal. Just follow these 5 steps and you’re golden!1. Determine whether the property needs to go through probate or not. Unless the property is held as husband and wife, in joint tenancy, tenancy by the entireties, or is properly set up in a living trust, the property likely needs to go through the Florida probate process. Need an attorney reference? Contact me!2. Get in touch with a Jacksonville Realtor with experience handling probate properties. Your Realtor will be able to tell you what the home would sell for, and when to get it listed. You may choose to wait until probate is co...
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By Minna Reid, Associate Broker
(Killebrew & Company Realty, Inc.)
Facing foreclosure can be overwhelming! Get the answers to the most common Florida foreclosure questions here!  How long do I have?The Florida foreclosure process is one of the longest in the country. Federal law prevents lenders from even starting a foreclosure action until you're 120 days behind. That gives you 4 months to bring the loan current or call the lender and come up with a workout solution to keep the home. After foreclosure has begun, if you stay involved in your case you will have many more months. Find out more about the Florida foreclosure process here. Should I modify my loan? In a mortgage modification the lender makes permanent changes to the terms of your home loan resulting in a more affordable payment. Keep in mind that while a modification will reduce your paymen...
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By Minna Reid, Associate Broker
(Killebrew & Company Realty, Inc.)
Jacksonville Florida foreclosures are back!A year after the end of the federal foreclosure moratorium that lasted almost two years, Jacksonville, FL foreclosures are back and soaring!According to Attom foreclosure data, foreclosures nationwide have reached pre-pandemic levels, with Jacksonville, FL #3 in foreclosure rates in the country: "Metropolitan areas with a population greater than 1 million, with the worst foreclosure rates in August 2022 were: Cleveland, OH (one in every 1,820 housing units); Chicago, IL (one in every 1,877 housing units); Jacksonville, FL (one in every 2,074 housing units); Riverside, CA (one in every 2,091 housing units); and Orlando, FL (one in every 2,445 housing units)."It was only a matter of time before the Jacksonville FL market started to shift after se...
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By CORY WEIKEL, Jacksonville Real Estate
(Julington Group - Realtor - Florida Homes Realty & Mortgage)
Riverside 2021 Review2021 was a frustrating year for homebuyers in Riverside as they saw homes in this culture-filled community.Of the 282 Riverside homes sold in this community during 2021, only 138 were on the market for longer than 30 days. That's less than the 149 homes which were off the market within 30 days of the listing going active.The 12-month change in list price for the neighborhood is + 34.8% at over $457,000. the highest home sold for $1,900,000 and included 5,240 sq ft with 5 bedrooms and 5 bathrooms along the St Johns River off St Johns Ave. The lowest-priced home not in rehab condition sold for around $180,000.The Median home sold was between $350,000 and $400,000 which was close to $225 per sq ft. The majority of the homes sold were over 75 years old which makes perfe...
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By Keith Jones, CPA, I help GOOD FOLKS solve IRS tax problems & restore
(Keith Jones, CPA TheCPATaxProblemSolver)
Prior to the pandemic, if you owed anything over $50k to the IRS, you were required to disclose every detail of your finances. This includes all sources of income, expenses, and all assets. For high income individuals especially, this is a nightmare.If your “disposable income” comes out to $10k per month, that’s what the IRS would require. If you have a house with $100k in equity - the equity is up for grabs. Under the new pandemic rules, things have changed…Here's your Back Tax Pro Tip of the Day: Take advantage of the Taxpayer Relief Initiative where full financial disclosure is not required for balances of $250k and below. After sufficient negotiation, and managerial approval, if the taxpayer can pay the IRS a monthly amount that will pay off the balance owed before the Statute of Li...
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By Keith Jones, CPA, I help GOOD FOLKS solve IRS tax problems & restore
(Keith Jones, CPA TheCPATaxProblemSolver)
Is anyone interested in me coming to speak on Tax Savings for Realtors? I specialize in helping folks solve IRS tax issues. Located Jacksonville & Destin, Florida I am considered a industry leader.Attached, please find a Tax Saving Secrets For Realtors eBookMy experience has been that most folks who owe back taxes are good people who received no advice or received poor advice.These are the type of people & small businesses that I love to passionately fight for tax debt relief.I represent clients primarily in North Florida but have clients across the country. 
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By Keith Jones, CPA, I help GOOD FOLKS solve IRS tax problems & restore
(Keith Jones, CPA TheCPATaxProblemSolver)
You've worked hard, but for whatever reason, you find that your tax debt cannot be paid on time and you don't know how to resolve it.Owing the IRS for back taxes is a nightmare you never thought you would take part in. Yet, here it is. The penalties are accumulating and the threatening letters have arrived.You're not alone. The IRS collects millions from taxpayers in penalties for failure to pay. Yet, many taxpayers are unaware that the IRS does have programs to help you get back on track.Curious about the IRS Fresh Start Program? Check out our informative article for a helpful overview of what you need to know.What Is the IRS Fresh Start Program?In 2008, The United States experienced a housing crash. Even before the official declaration of a financial crash, many homeowners were strugg...
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By Keith Jones, CPA, I help GOOD FOLKS solve IRS tax problems & restore
(Keith Jones, CPA TheCPATaxProblemSolver)
Some 14 million Americans owe a whopping $131 billion in back taxes, penalties, and interest from 2018. It's not surprising to know that not only does the IRS keep track of these things, but they will also do what they can to get the money. The IRS has an IRS’ collection statute which gives them a ten-year window to collect back taxes from individuals. Are you one of the millions who still owe back taxes? Are you hoping to find a way to negotiate the amount you actually owe to the IRS? If you're nearing the end of the window the IRS can collect, you might have heard of an Offer in Compromise. If you have tax problems and are hoping for an Offer in Compromise, you may have some questions. Read on to learn from these Offer in Compromise FAQs.What Is an Offer In Compromise?The Offer in Com...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Veteran’s Home Loans for Neptune Beach FloridaIf you are reading this, you or a family member have likely served in our military.  First off, we would like to say a sincere “Thank You” for your service!  We recognize that not only do our Veterans sacrifice by serving, but their families do as well-, and we owe you all a debt of gratitude!One of the best benefits Veterans and their families receive due to their service to our great country is the VA home loan benefits.  We are going to outline just a few of these significant benefits in this article for you. Here are some of the major benefits you may receive by using your VA home loan benefits:*100% financing available- one of the very few loans available with no down payment!*Lower rates available than most loan programs- which saves y...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Veteran’s Home Loans for Jacksonville Beach FloridaIf you are reading this, you or a family member have likely served in our military.  First off, we would like to say a sincere “Thank You” for your service!  We recognize that not only do our Veterans sacrifice by serving, but their families do as well-, and we owe you all a debt of gratitude!One of the best benefits Veterans and their families receive due to their service to our great country is the VA home loan benefits.  We are going to outline just a few of these significant benefits in this article for you. Here are some of the major benefits you may receive by using your VA home loan benefits:*100% financing available- one of the very few loans available with no down payment!*Lower rates available than most loan programs- which sa...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Veteran’s Home Loans for Baldwin FloridaIf you are reading this, you or a family member have likely served in our military.  First off, we would like to say a sincere “Thank You” for your service!  We recognize that not only do our Veterans sacrifice by serving, but their families do as well-, and we owe you all a debt of gratitude!One of the best benefits Veterans and their families receive due to their service to our great country is the VA home loan benefits.  We are going to outline just a few of these significant benefits in this article for you. Here are some of the major benefits you may receive by using your VA home loan benefits:*100% financing available- one of the very few loans available with no down payment!*Lower rates available than most loan programs- which saves you mon...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Veteran’s Home Loans for Atlantic Beach FloridaIf you are reading this, you or a family member have likely served in our military.  First off, we would like to say a sincere “Thank You” for your service!  We recognize that not only do our Veterans sacrifice by serving, but their families do as well-, and we owe you all a debt of gratitude!One of the best benefits Veterans and their families receive due to their service to our great country is the VA home loan benefits.  We are going to outline just a few of these significant benefits in this article for you. Here are some of the major benefits you may receive by using your VA home loan benefits:*100% financing available- one of the very few loans available with no down payment!*Lower rates available than most loan programs- which saves ...
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By CORY WEIKEL, Jacksonville Real Estate
(Julington Group - Realtor - Florida Homes Realty & Mortgage)
Below are the top 3 reasons for moving to Jacksonville FL, scroll to the bottom and for the link to a longer article. Jacksonville is a great place to live and you won't regret moving to this amazing city. 1. Jacksonville FL Cost of Living​Jacksonville is a great low-cost city and the current 2021 cost of living index has it at 93.5, which is lower than the average for the entire country. With the amenities and beaches that Jacksonville has, it is a true bargain to live in this great city.Housing is rated at a low 78 for the cost of living index, so it's far below the national average. With all the people moving to Jacksonville, this will surely go up in the coming years so now is a great time to buy real estate before prices skyrocket. 2. Jacksonville FL Nightlife​Nightlife in Jacksonv...
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