Phil Aitken
Phil Aitken
Owner/Broker

Blog

Who Pays for a Short Sale in Florida? What Jacksonville Homeowners Need to Know

Your Home Sold Guaranteed Realty - Phil Aitken Home Team

When a Jacksonville homeowner owes more on their mortgage than their home is currently worth, the financial pressure can feel overwhelming. A short sale is one potential path forward, but many distressed homeowners hesitate because they fear the out-of-pocket costs. Understanding who actually pays the fees, commissions, and closing costs in a Florida short sale […]

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The Most Common Obstacles With Short Sales in Florida: A Jacksonville Homeowner’s Guide

Your Home Sold Guaranteed Realty - Phil Aitken Home Team

Navigating the most common obstacles with short sales can feel overwhelming, especially when you are already dealing with financial hardship and the looming threat of foreclosure. In Florida, these challenges carry additional layers of complexity because of the state’s judicial foreclosure process, aggressive HOA lien collection practices, and strict lender documentation requirements. Jacksonville homeowners face […]

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What is the Process for a Short Sale in Jacksonville, FL?

Your Home Sold Guaranteed Realty - Phil Aitken Home Team

Facing financial hardship while owning a home can feel overwhelming, but understanding the Jacksonville short sale process gives distressed homeowners a clear, structured path forward. A short sale allows Duval County homeowners who owe more than their home is worth to sell the property with lender approval, settling the debt for less than the full […]

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How Do You Stop Foreclosure in Jacksonville Florida?

Your Home Sold Guaranteed Realty - Phil Aitken Home Team

Facing the possibility of losing your home to foreclosure is one of the most frightening experiences a Jacksonville family can endure. The good news is that Florida’s legal framework actually gives homeowners more time and more options to stop the foreclosure process than most people realize. From lender workouts and loan modifications to short sales […]

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What Documentation and Qualifications Do You Need to Get Your Lender to Approve a Short Sale?

Your Home Sold Guaranteed Realty - Phil Aitken Home Team

Navigating a short sale in Jacksonville requires understanding exactly what documentation your lender expects and which qualifications you must meet before approval is granted. Homeowners across Duval County often discover that the requirements go well beyond a signed purchase contract, and that missing even one document can halt the entire review process. Florida’s judicial foreclosure […]

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Are There Any Tax Exemptions or Relief Programs Available in Jacksonville to Avoid Paying Taxes on Forgiven Debt?

Your Home Sold Guaranteed Realty - Phil Aitken Home Team

Receiving a Form 1099-C in the mail can be a jarring experience for any Jacksonville homeowner. Forgiven debt—whether from a short sale, foreclosure, loan modification, or the sale of an inherited property—can trigger an unexpected federal tax bill that catches many families completely off guard. While Jacksonville does not offer a standalone local program specifically […]

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What Happens If There Is No Will For The Inherited Property In Florida?

Your Home Sold Guaranteed Realty - Phil Aitken Home Team

When a loved one passes away without a valid will in Florida, their property does not simply transfer to the nearest family member. Instead, Jacksonville real estate heirs and families face a court-supervised process governed by Florida’s intestate succession laws, which determine who inherits what based on a strict legal priority order. For families in […]

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