Real Estate Blog - St. Johns County home

The Pros and Cons of Buying a Short Sale

If you are in the market for a new St. Johns County real estate, you have likely seen the glut of short sales on the market. Buying a short sale may seem like a great idea, and it very could be; but it may also prove to be quite daunting for the average home buyer.

Here are just of the few pros of purchasing a short sale:

·         Unlike a banked owned property, a short sale is usually in better condition. Because a short sale is still owned by the homeowner, and not the bank, you can be better assured that they will care for the property better than if they had to leave due to foreclosure.

·         You can get a good deal on a short sale. But don’t expect to walk away with a steal. Banks who agree to a short sale still want to make as much money…

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Purchase a Fixer-Upper with FHA Loan Funds

Are you in the market to buy a home for sale in St. Johns County?  Are you willing to put a little “sweat equity” into a home for a lower purchase price?  If yes, then an FHA insured HUD 203(k) loan may be just the thing for you.  If you qualify you could be approved for a loan equal to the selling costs, and the estimated costs of repair and remodeling. 

There are many reasons why a home may be in disrepair.  The age of the home, or it may have been unoccupied for a length of time causing the property to wither.  Or, perhaps an owner simply ignored maintenance issues and would now rather sell than fix the property.  In any case, a fixer-upper home can be a good start for an individual or family willing to invest the time and effort in a St. Johns…

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St. Johns County Property - The Importance Of Home Maintenance

If you have recently purchased a home, or if you are planning to purchase one of the St. Johns County homes for sale, it is wise to know the importance of home maintenance. Your new home will likely be the biggest investment you ever make, therefore it is important to care for it as such.

Whether it is something small such as paint peeling in the bathroom or a creaky floor board in your hardwood floors, taking care of problems as you notice them will help you to avoid costly repairs in the future. Additionally, in the event that you want to sell your home, keeping up with the maintenance of your St. Johns County property will pay off in the form of a higher resale value.

Should You Do It Yourself Or Hire A Professional?

It is important to be…

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The Advantages and Disadvantages of Owning A Condo In St. Johns County

A single family home is not for every home buyer. If you are in the market to buy St. Johns County property, you may already know that you have other choices. There are town homes, villas, and even condominiums. There are advantages and disadvantages to every type of property when it comes to ownership, but a condo is a unique type of property which should be considered carefully before you decide to purchase one.

Advantages To Owning A Condo

There are several clear advantages to owning a condo in St. Johns County, or any other place for that matter. Especially as you consider the purchase of St. Johns County property, owning a condo is quite an affordable option in many communities as the housing market continues to thrive in this area.

When…

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Tips For First Time Home Buyers In St. Johns County, Florida

Buying a home for the first time can be both exciting and intimidating. If you are looking for St. Johns County real estate for sale, your search will be an easy one. St. Johns County property has a lot to offer first time home buyer. Thus, the only problem you may have is deciding which house to buy because there are so many great ones available!

First time home buyers should keep several things in mind however, before going through with the purchase of a home. Below are some tips to help you along the way:

Tip # 1 – Make Sure You Are Financially Ready To Buy And Own A Home

Owning a home comes with a lot of responsibility. It is very important that you have steady income and employment and that you have not been stretching to live beyond your…

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