Nov 20, 2010 | FORECLOSURES/SHORT SALES, MIAMI REAL ESTATE
November 2010: Miami is in the midst of a freeze on foreclosures. The reason? A number of lending institutions (Bank of America, GMAC, JP Morgan Chase and others) along with several powerful legal firms who were handling foreclosures on their behalf (David J....
Nov 19, 2010 | MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE
The experts indicate that real estate prices may well have bottomed-out, at least for single family homes in Miami-Dade. New construction has pretty much stopped and there is very little in the way of buildable land left right now in Miami-Dade anyway. As Ron...
Nov 18, 2010 | BUYER'S ADVICE, MIAMI REAL ESTATE
Once you’ve found the perfect home, it’s time to make an offer. As your realtors, the Restivo Team will draw up a contract with your offering price and any contingencies you want to include. We will review this document with you before submitting it to the...
Nov 17, 2010 | FORECLOSURES/SHORT SALES, MIAMI REAL ESTATE
In Miami-Dade County only 1 out of every 3 property sales is a non-distressed real estate transaction. 2/3 of all real estate transactions right now are short sales or foreclosures and 4/10 of all recent sales have been foreclosures. But that is likely to...
Nov 15, 2010 | FORECLOSURES/SHORT SALES, MIAMI REAL ESTATE
What does “SHORT SALE” mean? Short Sale means the lender has to accept LESS than what is owed on the mortgage – or the house can’t be sold. Homes purchased at the TOP of the MARKET (often with a minimal downpayment and/or with a hefty...
Nov 14, 2010 | MIAMI REAL ESTATE
Miami Real Estate Cafe – Top Local Realtors in Miami, Alexandra and Vicki Restivo post daily blogs for homeowners, buyers and sellers on their website MiamiRealEstateCafe.com . Blog Categories BUYER’S ADVICE SHORT SALE GREEN CERTIFIED COMMUNITY...
