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Real Estate Misconception, Mystery and Myth

Three false assumptions we make about real estate. Some things we just know to be true, can either be a misconception, a mystery or a complete myth. 

Real Estate Misconception, Mystery and Myth, in that order.
My old boss told the same joke a thousand times. We got so sick of it, it actually hurt to laugh. Here it is: If it walks like duck, and talks like a duck, it could be a goose. [laughter].  She was trying to tell us not to be so quick to assume. (Why didn’t she just say that). Here are three assumptions, one of each type: a misconception, a mystery and a popular myth.

Misconception: a foreclosure is a bargain. It’s an easy way to get a house for a steal.
Many foreclosures cannot even be viewed by the public. If they are, you may find a hostile homeowner at the door to greet you. Typically, there’s a big repair bill in your future, and if you can’t even get inside to see the extent of the broken or damaged mechanical systems, your estimate for the cost of repairs may not even come close. Good rule of thumb -- bid 70% of the market value, and rely on a reputable Realtor®  to tell you what that is. There could be liens, from the HVAC company, the roofer, etc., and you must pay them to clear title.  Continued after the break..

Machine Gun Kelly

The history of the Ortega includes a number of interesting characters, some more dubious than others: Famed botanist William Bartram; highwayman and cattle rustler Daniel McGirtt; and Don Juan McQueen, who attempted to establish a plantation on his 1791 Ortega land grant, but was forced to leave due to attacks by Georgians from the north and French armies to the south.  Gangster George "Machine Gun" Kelly and his wife were rumored to be the mysterious couple who abruptly left their rented Ortega Grand Avenue home hours before a midnight police raid in 1933.

Selling Home in the Holidays

So they tell me that after December 15, we might as well shut out the lights. 

Who’s going house hunting when we’re on holiday stress steroids from Thanksgiving , to Black Friday, through Cyber Monday – all the way until the ball drops. I have my house perfectly staged 10 and a half months out of the year. Now I’m bringing in the stockings for Santa, the tree for the kids, and all that mistletoe. Buyers will recoil in horror. I’ll delist it – take it off the market. But what  if I get an anxious seller with a full price offer? I’d really rather not have to pack before Christmas morning anyway. But the kids will turn into little ax murderers, and the judge might find it justifiable homicide. A serious dilemma? A very wise, and experienced realtor I know says, maybe not.

Patrice Simmons Bloom Realty AgentWelcome Patrice Simmons! Bloom Realty's newest addition has spent virtually her entire career working across the spectrum of banking, finance, mortgage, investing and real estate. “I like problem solving,” says Patrice, “putting together the right financial products, mortgages, investment properties and homes with the right people, and taking them through the process.”  Patrice has a passion for building trust and long term relationships with her clients, which is why we’re thrilled to have her join Bloom Realty. She hails from Houston, Texas, and now calls the Northside of Jacksonville home.  “I’m very interested in the Historic Districts of Jacksonville,” she says. Patrice brings her special talents to Bloom Realty as a long time expert in pre-foreclosures, rehabbing of properties and and creative financing. “This is really a niche for me – it’s a skill set that I’ve developed over many years in the business – really analyzing a property, and determining what is needed to get it back on the market, and sold.” Her specialties include creative financing vehicles such as mortgage assignment, lease option solutions, or as Patrice puts it, “whatever it takes to get my client into the right home, with financing that gets them closer to their dream.”  

No Winter Wonderland in Jacksonville?  Bah . . . Humbug

You have several options. One could be the 5th annual Winter Wonderland  ice skating and snow spectacular at  the St. Augustine Amphitheatre 1340 A1A South, Nov. 26 through Jan. 1. It features North Florida’s first outdoor skating rink and various winter attractions including a Blizzard Bounce House and obstacle course, Elf Village, a S’mores pit, visits with Santa, the Frost Kingdom Express Train, reindeer games, sleigh rides and other winter-themed fun. Hours are 5 to 10 pm Monday through Friday, and 2 pm to 10 pm Saturday and Sunday, beginning Nov. 26. (School holiday hours, Dec. 17 through Dec. 30 are 2 pm to 10 pm).  Continued after the break.

Fun Facts: Hollywood East

Hollywood East

In the early 1900s, Jacksonville was home to more than 30 movie studios. At that time, movie makers needed natural sunlight—and lots of it—to make films. The industry was centered in New York and New Jersey, and their gray, overcast winters meant a virtual shut-down for months at a time. The Jacksonville studios churned out hundreds of silent films until filmmakers discovered Southern California, and the rest is Hollywood history.

QR = Quick Response, and  it’s Quickly Catching On

Remember “Call us now!”  Well here we are at “Scan me!”  The QR Code is clearly beyond the early adopter stage.  QR codes have that “it” factor today in real estate. You’re  a real estate consumer,  and if you were interested in learning more about a house for sale, and the flyer box is empty, or there is no on-site information (flyer boxes are becoming more rare, by the way)., scan it, and see what you get. Many consumers are carrying the internet on their smart phones, so why not use it? Another great example of great use of a QR code -- you walk into an open house, you’re greeted by the realtor, and you want to look around and get a feel for the place. The property brochure on the dining room table has a QR code. Use that to access and view the floor plan,  features the agent may not have time to show you, as he or she is helping other visitors. Technology – embrace it.  It’s here to stay. 

Saul Serna Saul Serna believes that “you can make a living by what you get, but you can make a life by what you give.” This is one of the underpinnings of the Bloom Realty TeamRealty model. As team building, supporting and training other agents, and giving of your time, benefits the whole group.  “It’s a paradigm shift,” says Serna, “from the ‘I’ world of real estate to the ‘We’ world.” Serna is former NAR Realtor of the Year, was a long time Century 21 Senior Executive, now serving in the role of Southeast Regional Director of Bloom Realty Realty.  He’ll speak at the Bloom Realty Wine and Cheese Reception, Tuesday, 11/29 at the Bloom Realty office in San Marco.
Serna will be presenting the evolutionary Bloom Realty business model, and talking about why Bloom Realty is growing at a rate of one new office per week. Some of the reasons  Bloom Realty is one of the fastest growing real estate franchise companies in the country:  a sustainable income stream for brokers and agents, a business model that draws agents in, retains them and motivates them to recruit and work together, and a long term income for brokers and their agents.  
Bloom Realty is located at 1654 San Marco Blvd, Jacksonville, FL, 32207.
Seats are limited for this exclusive event.  Please RSVP to:  or call 904.701.3013

Intuition Ale Works One Year AnniversaryOne of Jacksonville's great hometown brewery's celebrates their one year anniversary celebration November 19th. Intuition Ale Works in Riverside will begin releasing a new beer every day starting Tuesday November 15th and on Saturday the 19th they will have TWENTY new brews on tap. 

Saturday November 19th will not only have 20 new beers to try but also some great food vendors will be on site including Corner Taco, Monroe's-On-The-Go, SunKissed Dogs and John's grab and go. 

Hope to see you there.

Opration Christmas Child Mandarin Jacksonville FL
Christmas is less than 60 days away, so there is little time to waste for Mandarin residents, (or those across the city) who want to contribute to Operation Christmas Child (OCC).  OCC asks contributors to fill shoe boxes with gifts for children overseas who are suffering from disease, famine, war, terrorism, and natural disaster. During National Collection week, November 14 and November 21, two designated Mandarin locations will serve as collection points. 
Operation Christmas Child is part of the larger International Christian Relief Organization's Samaritan's Purse. Since 1993, OCC has collected and hand delivered more than 86 million shoe boxes to needy kids in 130 countries. Last year, 8.2 million shoe boxes were donated, and Northeast Florida's goal is to collect 28,000 boxes to help OCC's 2011 goal of 8.5 million. 
Drop of Location info and times after the break...

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