Jacksonville Real Estate Blog - Krista Fracke


If you are buying an older home, doing a home inspection is always important. You need to know what’s lurking behind those walls, especially when it comes to your electrical. If your inspector comes back with the report letting you know that you’ve got Knob and Tube, you may have yourself a real problem. Let’s discuss.

What is knob-and-tube wiring?

Also called K&T, is a very early type of electrical wiring that was installed during the 1880s until the 1930s. It was eventually displaced as the cost of installation was high and is only allowed in very rare cases in new installations.


What is the problem with it?

Most homebuyers who find out that they have knob and tube wiring will opt to replace it. The reason for this is that modern

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When you are buying a house, there is a lot you can easily see. You can see if you are in a family-friendly neighborhood, or one that fits your lifestyle. You can check out the amenities within walking and driving distance. You can figure out what the house has that you love and the size of your lot. The only thing you can’t really know about your new home is what your neighbors will be like. Unfortunately, a neighbor can make or break your living situation. In some cases, you’ll get neighbors you’ll love, who will be your lifelong friends. In other cases, you’ll be civil with your neighbor and know that you can count on them if you need to. But, in the most extreme cases, your neighbors could be people you’d rather not associate with, never mind see

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Many people believe that termites are a death sentence for your home. Whether you are buying, selling or staying in a home, you really, truly, don’t want termites living there. In Florida, with its humid climate, termites can thrive in the moist environment.

Types of termites

In Florida, there are a few types of termites here. They include:

  • ·        Subterranean termites – require a moist environment and are the most-common termite in Florida
  • ·        Dampwood termites – like water-saturated wood
  • ·        Drywood termites – need very little moisture
  • ·        Conehead termites – not common in all areas of Florida and needs a moist environment

How do they get in?

Foraging – While looking for food, termites will enter your

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Whether you are buying or selling a home, you need the right professional to look out for your best interests, find you what you need and represent you fairly. Finding a real estate professional is not as easy as closing your eyes and picking one out of the Yellow Pages. If you want someone who you know will work for you and get you the best value for your money, you need to do your research.

1.      Get a referral

The best way to find someone you’ll love is to ask around to people you trust. Because they know you, they’ll know what sort of characteristics you might need in a real estate professional, whether that is someone who will walk you through the process thoroughly or someone who is always available. Find out who others have used and ask

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Married couples buy more of the homes on the market than singles, but that is changing and it is changing rapidly. A recent study by the National Association of Realtors found that 66% of homebuyers are married couples, single men made up 7% of the buyers and single women made up a whopping 17% of homebuyers this year. The surprising thing about these statistics is that women have a much lower average income than men, but they still buy double the amount of homes than men do. This trend is encouraging, but why is it happening?

Why are more single women buying homes?

Analysts say many women are always looking to the future, with the goal of buying a home and creating a family, while also staying close to family and friends. Rather than wait to be

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When you are looking for a home, you undoubtedly have a wish list in mind. This wish list makes up your dream home and could include everything from a finished basement to a move-in ready home. But, first-time homebuyers aren’t often realistic about what sort of home they can actually afford and what they can truly live without. This article will detail what needs to stay on a first-time homebuyer’s wish list and what needs to come off.

What stays on

Square footage/bedrooms

Only you know how much space you need for your family. Here you should be realistic about what constitutes large or small. As a first-time homebuyer, your dreams of a 3000-square foot home may not come true. You should know how many bedrooms you need and not sacrifice on

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When buying your first home or even your fifth, you are going to have to make some sacrifices. Sure, you have that image of your dream home in your head, but ask yourself if it is completely realistic. Unless you are building a custom home from scratch, the home you buy is never going to perfect. There are some things you’ll love, some things you like, some things you dislike and some things you can’t even stand. As long as you are realistic about what you can live with and what you can’t, your home buying process should go smoothly and you should be able to get some of the things on your wish list. The trick is knowing what you need on your wish list and knowing what you want on your wish list.

What do you need?

Location

There are a number

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Energy use in Florida can be quite high. The results are that you’ll spend an inordinate amount of money on energy bills, plus you aren’t doing the environment any favors. Reducing your energy consumption is good for you and everyone around you. But, how do you do it?

Air conditioning

More than one quarter of the energy consumed in Florida is due to air conditioning. This makes sense in our tropical climate, but it is four times the national average. Most people in Florida use central air, which is an efficient way to cool a home, but if you can stand it, you’ll be better of turning off your air conditioning and cooling your home in less expensive ways:

  • ·        Keep your blinds closed
  • ·        Close doors and vents to rooms you don’t
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Everyone wants to get the most money out of selling their house. No one ever said, “hey, I don’t mind losing a few thousand on my house sale”. But, did you know that pricing your home too high can actually hinder your home sale and make you lose money? Pricing your home for more than it is worth is probably the biggest mistake a home seller can make and it will definitely cost you.

The Logic

Some sellers mistakenly believe that they can follow the rules of bargaining and price their home higher than they are willing to take for it. They feel that a buyer will come in with a lower offer anyway and they’ll just accept it, but that is definitely not the case. By pricing your home too high you are:

  • ·        Stopping people from seeing your
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Buying and selling a home is a confusing process, full of baffling terminology that makes you wonder what you’re really signing up for. This quick list of some common real estate definitions might be a handy reference sheet for you to take along the next time you are out looking for houses.

Amortization: length of time over which your mortgage will be paid.

Appraisal: process of estimating the value of a property, done by an appraiser - a professional skilled in appraisals.

Closing costs: costs that you pay on the close of the home, which can include legal fees, land transfer tax and more.

Counter offer: when you original offer is not accepted, you may give a second offer with amended conditions.

Curb appeal: how the home looks from the

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