Dec 10, 2010 | MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE
We appreciate the opportunity to market and sell a diverse section of homes all across Miami. Despite the “doom and gloom real estate woes” that continue to be plastered across the news media, we have seen a definite upswing in real estate sales this...
Dec 8, 2010 | MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE
Mortgage bankers and lenders will be sad to hear that 53% of all transactions now are RENTALS. With interest rates at an all time low, homebuyers can lock in interest rates (to the tune of 4.25%) but many are opting to LEASE. And that is great news for investors...
Dec 7, 2010 | FORECLOSURES/SHORT SALES, MIAMI REAL ESTATE
JUMBO LOAN MARKET DEFAULT: 1/4 of all jumbo loans in Miami are now in foreclosure! HOME MORTGAGES UNDERWATER: 46% of all home mortgages in Miami are underwater. If you are looking to purchase or invest in real estate, the ball is in your court because it’s...
Dec 6, 2010 | MIAMI REAL ESTATE
The South Florida Water Management District has announced that they expect yet another dry season. Therefore, water restrictions will still be in effect. Homes with even addresses may water on Thursdays and Sundays while odd numbered addresses may water on Wednesdays...
Dec 4, 2010 | FORECLOSURES/SHORT SALES, MIAMI REAL ESTATE
Foreclosure? … Time Frame for Foreclosure? A foreclosure is when the lender (lien holder) assumes ownership rights when a property owner defaults on his/her mortgage payments…It’s the process through which the lender repossesses real estate...
Dec 3, 2010 | BUYER'S ADVICE, MIAMI REAL ESTATE
There’s a new program for First Time Home Buyers in Dade County-the Metro Miami Action Plan, Homeownership Assistance Program (MMAP HAP). It’s designed to provide first time home buyers with up to $7,500 in closing costs and downpayment assistance in the...
