Jacksonville Real Estate Blog - Krista Fracke

Watching the latest home renovation shows you might have the impression that by investing a few dollars in your home renovations, you’ll see a massive return back into your home. This isn’t fully true. First of all, you need to consider the value of the homes in your immediate area. Having the most-upscale home on the block might be nice, but it won’t necessarily increase the value, as homes generally depreciate in value over time while the land appreciates. This is called overbuilding for the neighborhood. Your home value is mostly based on square footage of your home and property, the location, the market, with the interior of the home having the least impact on value.

Renovations that don’t add value include:

  • ·        Adding a swimming
16 Views, 0 Comments.

First-time homebuyers often want to be one-time homebuyers, finding the home they’ll get married in, raise their children in and hopefully retire in. This is called a forever home. It can be quite different from a starter home, a move-up home or a retirement home, as it needs the functions and value of all three of these types of homes. There are some unique features to look for in a forever home.

Adequate space

Thinking about your future is very important in a forever home and if you plan to have a large family, you should plan on those sleeping arrangements now. Having a bedroom or enough space for each child is usually very high on a new parent’s wishlist. Sharing bedrooms can work, but they can also be an incredible hassle, especially as

20 Views, 0 Comments.

This article will cover the five biggest mistakes that homebuyers can’t afford to make when purchasing their first home.

Not knowing what you can afford/Not considering extra expenses

Buying a home is a dream for many people and realizing that dream can make people, well, dreamy. As a first time home buyer, you’ve got visions in your head for what you want in a home and sometimes those expectations might not match your budget. The very first thing any homebuyer needs to do before stepping foot in any house for a showing is to get pre-approved for a mortgage. What you get approved for might be a lot less (or a lot more) than what you were hoping for. Know your maximum spending budget and don’t look at houses that exceed this budget.

You’ll

36 Views, 0 Comments.

What is curb appeal? Wikipedia defines it as the attractiveness of the exterior of a property as viewed from the street. It is an indicator of “initial appeal” to homebuyers. As the clichés go, curb appeal will boost the chance a homebuyer has “love at first sight” because “first impressions do matter”.

If you are selling your home or just want to have great curb appeal (i.e., to impress your neighbors), there are quite a few ways of doing this, even if your home isn’t all that grand from the street.

Jazz it up

While you can’t always change the exterior materials on your home, you can definitely jazz them up. Your front door is a great example of something you can change and update in front of your home. Paint it a bold, but appealing color

56 Views, 0 Comments.

This post will discuss the merits of including foreclosures in the home search process and cover the particulars of identifying good foreclosure opportunities.

____________________________________________________________________________________________________________________________

While buying a foreclosure might be a bit morally taxing (you feel bad for those who have lost their home), it might be your best option for entering the market and buying a home. There are a few pitfalls to buying a foreclosure, but you should definitely include them in your search when buying a home.

Merits and pitfalls of foreclosures

If a home is selling as a foreclosure, you may have a very motivated seller and you have the possibility of getting the home

73 Views, 0 Comments.

This seasonally relevant post will offer up a few savvy ideas and suggestions for homeowners who are currently looking to reinvest their tax returns into home renovations and improvements.

______________________________________________________________________________________________________

With the deadline for taxes looming, many of us are getting tax windfalls and aren’t sure what to do with them. Sure, you can blow the new-found cash on frivolous purchases like vacations or a new wardrobe, but wouldn’t it be better to spend it investing in your home? Investing in your home can actually make you more money, by increasing the home’s value, as well as making it more functional and beautiful for you. It is a win-win. There are five areas of your

98 Views, 0 Comments.

This post will cover the refinancing process and provide the reader with tips and guidelines regarding the best ways to secure a favorable refinancing deal.

____________________________________________________________________________

Refinancing your mortgage is not a decision to be taken into lightly. It can be a long process with added costs that could cost you more in the long run. With proper research, you can make an informed decision to decide if refinancing is right for you based on your assets, debts and other factors. There are a few questions you need to ask yourself.

What am I worth?

First, find out what sort of equity you have in your home. You’ll need to get a current appraisal to know what your home is now worth. Don’t just

81 Views, 0 Comments.

Before you host an open house, there are five important items on your to-do list that you’ll need to check off if you want potential buyers to become actual buyers. Your Florida home needs to be inviting, clean and give buyers a feeling that this could be their home.

Clean & Declutter

Not to be obvious, but a house will not get what it is worth if it is not clean. When cleaning, think of the things you might not clean on a regular basis, but that will make a huge impact on the overall look. Items like your baseboards and trim, window screens and your front door might not look that dirty, but once they are cleaned, you’ll see the wow factor appear. De-cluttering by removing at least half of the stuff sitting on countertops, shelves and on top of

100 Views, 0 Comments.

Finding the right agent for your unique home buying or selling needs isn’t something that happens in the blink of an eye. In fact, a decision of this magnitude often requires a hefty amount of thought and consideration before you end up connecting with a realtor that can successfully represent you within the marketplace.

With this in mind, let’s spend a few minutes talking about what makes a truly great real estate agent. This way, whether you’re making your way to Jacksonville and the Sunshine State or packing up the family and moving to a new home city, you’ll have all the info you need to find a realtor that can make this transition as simple, easy, and pain-free as possible.

Licensing and Credentials

The first way to differentiate the

95 Views, 0 Comments.

Making a big move to a new city is never an easy or simple affair. Whether you’re packing up and heading a little ways down the road on your own or hauling the family halfway across the country, there are countless considerations that go into such a life-changing decision.

With this notion leading the way, let’s spend a couple of minutes going over what you can expect if moving to Jacksonville is part of your upcoming plans. From here, you’ll have all the info and insight you need to truly make the First Coast a place that you can call home.

Understanding the Financial Side of the Equation

Kicking off this discussion the right way starts with a look at the fiscal side of the decision to buy a home in Jacksonville. As the experts at PayScale

140 Views, 0 Comments.