JaxBargainHomes
Jacksonville, Florida Real Estate
( homes, foreclosures, Bank REO's, short sales, pre-foreclosures, bargain priced homes)
Hello, I am Ethan Roberts, Realtor, Harbor Lights Realty, Inc. Welcome to Jaxbargainhomes.com
Hundreds of bargain priced homes, from $50,000 to $500,000 are now ready and waiting for smart buyers in all areas of Northeast Florida. Foreclosures, pre-foreclosures, Bank short sales, "motivated sellers", Single family homes, condos, town homes, mobiles.....you name it, and I'll find it for you!
Call Ethan Roberts, Realtor, Harbor Lights Realty, Inc. at (904) 568-6100 today!
(Foreclosures and other types of Bargain homes come in all shapes, sizes, areas, and prices)
What is a bargain? Let's go to the Merriam-Webster dictionary!
"Something acquired by or as if by bargaining; especially : an advantageous purchase <At that price, the car is a bargain>."
The "bargain" homes that I specialize in selling, the type shown or described on this website, are those with an asking price that is far below other similar homes in the area, or homes where the seller is willing to sell at a substantially reduced price, and/or pay closing costs for the buyer! Plus, my services are FREE to buyers, and unlike most of the Realtors today, I never charge a transaction fee, saving you anywhere from $150-$300!
Foreclosure Home of the Week:
3/2, 1856 square feet, built 1997, Westside, nice area.
Let's highlight just a few of the past Bargain homes of the week:
3/2,
Mandarin foreclosure, 1425 square feet, beautiful subdivision, asking
$184,400, "highly motivated seller" will pay $1500 for decorating allowance.
In the summer of 2006, homes just like this one were sold for $216,000! Call me at (904) 568-6100 to see it!
(Click on photo to see larger image)
4/2. Westside foreclosure, 1814 square
feet, asking only $164,900. Listed price three months ago was $184,900.
Call me at (904) 568-6100 to view this
steal of a deal!
(Click on photo to see larger image)
4/3, Orange Park foreclosure, 2349 square feet, asking only $229,400. Original asking price was $259,000. Unbelievable features, large back yard. Call me at (904) 568-6100 to view this wonderful home. (Click on photo to see larger image)
3/2 + office, East Arlington foreclosure. 2143 square feet. Original asking price was $255,000. 3% closing costs paid by seller. Off Kernan Blvd and priced below area. Call me at (904) 568-6100 to see it today. (click on photo to see larger image)
Why do I bold the word "asking"?
Because often you can buy these homes for even less than the already discounted prices! Many new ones are available now! Call me for a list.
The Daily Bargain Count: 3003
Jacksonville and surrounding Northeast FL areas:
As of 03/23/2009 02:34:43 AM
Types of bargain home Examples Number available
(terms defined at bottom of page)
|
FORECLOSURES |
|
520 |
|
SHORT SALES |
|
1575 |
|
PRE-FORECLOSURES |
|
600 |
|
MOTIVATED SELLERS |
|
308 |
(Please allow a minute for loading. Click on "Current Price" to sort the homes by price, or you can sort by any other category by clicking a heading at the top. To return to this page, simply click on the back arrow when you are finished browsing through the sample homes.)
The examples above are just a small fraction of the total number of bargain homes out there!
Call Ethan Roberts, Harbor Lights Realty, Inc., at (904) 568-6100, to save thousands of dollars on your next home!
----------------------------------------------------------------------
People say to me, "But Ethan, don't all these homes need a lot of work?"
The answer is that in many cases, the homes are already in good to excellent condition, with little to no work needed at all!
However, some homes do need minor cosmetic improvements (cleaning, landscaping, paint, carpet, etc) or small repairs. Let me ask you this: Would you be willing to spend perhaps $2000 over time to save $20,000 or more on a home?!
Some of the other homes shown on this site, usually the ones below $70,000, may need more extensive repairs. Those are for usually for investors or home buyers who have the skills or financial means to take on larger projects. Would you spend $10,000 to gain $35,000-40,000 of equity?
Whichever home is for you, I pledge to find you one that suits YOUR needs, skills, and finances!
THE DEATH OF THE SELLER'S MARKET!
Ladies and Gentlemen, the Jacksonville seller's market and speculative Real Estate bubble, 2003-2006, has passed away!
But out of the ashes of the great seller's market......
Do these words sound familiar to you? Well they do to me!
Since 1997, I have specialized in selling foreclosures and other types of Bargain properties to hundreds of people, literally saving them millions of dollars over the years! However, a few years ago the housing market became so hot, finding true bargains for my customers was difficult. There were multiple offers on homes, sellers demanding full asking price, buyer bids above list price, and maybe 30 minutes to make your life changing decisions. Rough times for buyers!
But in 2006 the housing bubble burst, and since then prices have tumbled back to levels not seen since 2003-2004. How did this happen? People foolishly bought homes they really could not afford. In order to do so, they took out crazy "Sub Prime" (high risk) loans that began with low interest rates, but then reset to much higher interest rates after only two years. So now they can no longer afford to make their payments, and are losing their homes! This chart shows how the Sub Prime mortgage market grew out of control in less than ten years:
PEOPLE LOSING THEIR HOMES EVERYWHERE!!!
Can you imagine the pain of losing your home?! Unfortunately, the media lulled people into thinking that homes would continue to appreciate forever at 10-15% a year. TV Shows like "Flip This House" led people with no experience in real estate investing to believe they could buy and sell homes like garage sale items on Ebay!
Let's get real: the historic annual appreciation of real estate is roughly 4-5%. Therefore, the 10-15% annual returns between 2003-2006 were impossible to sustain, and so the market collapsed. Prices are now about 25-30% below the peaks of a few years ago! So I am here to tell you,
That loss can be your gain!
Call Ethan at (904) 568-6100 for free information on great bargain priced homes!
The current state of the Jacksonville market:
Short Sales: Banks taking less than what is now owed on the mortgage just to avoid foreclosure.
Investors foreclosing on or dumping homes they bought at the peak of the market and then couldn't sell.
A glut of unsold homes, with inventory levels not seen in many years.
The average days on the market for many homes has tripled in the past year.
Hundreds of listings that plead, "Motivated sellers, bring all offers!"
Prices 25-30% below the peak of the 2005-06 market!
Why is now the time to buy? One word: Opportunity! While it lasts, take advantage of:
Lower Prices!
Better terms!
Increased selection!
A new buyer's market!
When we work together, here is my pledge to you. I promise to find you a home that will:
FIT ALL YOUR NEEDS!
BE A BARGAIN PRICE!
For more information on Bargain Homes, call me today!
"Hello Ethan, can you help me find a
good deal?"
ETHAN ROBERTS, Realtor, Harbor Lights Realty, Inc.
Ethan
(904) 568-6100
Or, to e-mail me with specifics of the home you are seeking, click here: ethansells@aol.com
Terms Definitions
|
Foreclosure |
Foreclosure is the equitable proceeding in which a bank or other secured creditor sells or repossesses a property, due to the owner's failure to comply with an agreement between the lender and borrower called a "mortgage" or "deed of trust". |
|
Pre-Foreclosure |
Pre-Foreclosure is the grace period before foreclosure in which the homeowner is warned by the lender that they are in default, and needs to bring their mortgage payments current in order to keep their home. Pre-foreclosure may last 3-6 months. To end this process, a seller can either get current on their mortgage or sell the home, assuming the net sale price is enough to pay what is owed on the mortgage. If not, then the owner may have to ask the lender to do a "short sale" (see below). |
|
Short Sale |
A situation in which the lender agrees to accept less than the total amount due on the mortgage from the sale of a property. |
|
Motivated Seller |
A seller who needs to sell their property quickly and is willing to accept a lower price or better terms for the buyer than they normally would if they were not as motivated. The reason for the motivation could be impending foreclosure, or a death, divorce, job transfer, or any other reason that requires a quick sale. |
|
Sub Prime Mortgage |
A loan that is made to a high risk borrower, one who does not qualify for the best market interest rates, often due to a poor credit score or history. Interest rates tend to be much higher, and there may be extra "points" (fees) associated with the loan. A recent example of sub prime mortgage was the "2/28 ARM", an adjustable rate mortgage on which the rate is fixed for two years, but then resets to an interest rate which can be 2% or more higher in the third year, thus increasing the monthly payment considerably. |
The homes shown and described on this web site are listed for sale by many different real estate companies through the NE FL area.
All rights reserved. Copyright 2007
Ethan S. Roberts, Realtor Harbor Lights Realty, Inc. 4241 Baymeadows Rd, Suite 3 Jacksonville, FL 32217 (904) 568-6100
