Many people think “Short Sale” must mean something similar to ‘shorting a stock’, and others think ‘short’ might mean fast or quick. Sorry but the truth is that you have to own the house to sell it, and there is nothing fast about a short sale.
I’ve been looking over the Gainesville & Alachua County real estate market stats for 2008, and comparing them to real estate market stats from earlier years. I thought you’d like me to share.
One of the largest household expenses is the mortgage, and now that interest rates are at historical lows refinancing is a very good option for many people.
Interested in what is going on in the Alachua County condo market? I ran some numbers to see how this month stacked up for the year and I got a little carried away…
Prior to this change buying a new home almost always meant facing a larger tax bill – sometimes two or three times larger. With Save Our Homes portability many people can carry their tax advantage to a new home so they are no longer trapped in their homes by the threat of a large tax bill.