With the mortgage industry tightening up, first time homebuyers will face new challenges buying Jacksonville real estate.  As a real estate professional I was never excited about zero money down buyers.  MAny seem to get into trouble if property values take the slightest dip in values.  Selling the property as the result of a job relocation for instance has been one of the largest hurdles I've seen when this situation arises.  Sellers are forced to sell somehow once they've accepted a job offer in another city.  WHat is there to do...foreclose?  Look for a renter?  Many tough scenerios in today's marketplace.

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