Oct 13, 2011 | FORECLOSURES/SHORT SALES, MIAMI REAL ESTATE
Why opt for a short sale over a foreclosure? If you owe more on your mortgage than the current market value dictates your property is likely to sell for, a SHORT SALE can enable you to get out from under your debt provided that your lender accepts a lesser payoff ...
Sep 15, 2011 | BUYER'S ADVICE, FORECLOSURES/SHORT SALES, REAL ESTATE NEWS
We have been working on closing a very drawn-out and convoluted short sale, involving bankruptcy (actually more than one bankruptcy!). In the process, we came across a helpful resource for following the proceedings – which allowed us access to...
Jul 19, 2011 | FORECLOSURES/SHORT SALES, HOME MAINTENANCE & REPAIRS, MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE
In talking with Code Enforcement last week , I learned that there are currently close to 150 properties in The Village of Pinecrest in pre-foreclosure. There are so many homeowners underwater: abandoning their property/ looking to short sale their homes/filing for...
Jun 24, 2011 | MIAMI REAL ESTATE
Bidders interested in a bulk purchases of commercial and residential property on Miami Beach will have the opportunity to buy at auction June 29th… by pre-registering … and by putting down a hefty (albeit refundable) earnest money deposit. The U.S....
Jan 13, 2011 | BUYER'S ADVICE, GOOD DEALS & WHAT'S SELLING, MIAMI REAL ESTATE
According to NAR, existing home sales were back on an upward track in November 2010, starting the growing trend again since bottoming in July. Home sales, which include townhomes, single-family, co-ops and condominuims, rose to 5.6% in November from 4.43 million in...