Mar 23, 2012 | COMMUNITY INFORMATION
InfoGraphic Methodology as per CoreLogic: The foreclosure inventory represents the number and ratio of homes that have been placed into the process of foreclosure by the mortgage servicer…. via Foreclosures in Process by State.
Mar 7, 2012 | FORECLOSURES/SHORT SALES, MIAMI REAL ESTATE
The people who like short sales are those with patience … because they are the people who get the short sales. Short sales can take up to 6 or 8 months to close … even today … and there are NO guarantees whatsoever that any one given short...
Nov 11, 2010 | MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE, REAL ESTATE NEWS, SELLER'S ADVICE
Realty Trac reports that currently 24% of residential home sales are FORECLOSURE property. With the shear volume of foreclosure properties on the market (and foreclosures expected to rise), IF YOU PLAN TO SELL YOUR HOUSE over next couple of years, you might do...
Jul 7, 2010 | MIAMI REAL ESTATE
It’s a shame. Of the six newly constructed luxury Coral Gables townhomes in GARDENS ON VALENCIA, 4 of those 6 units are now being offered IN FORECLOSURE – with the bank apparently looking at a $899,000.00 price tag on each. (Only 2 of the 6 townhomes...
May 9, 2010 | MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE, REAL ESTATE NEWS
We are working with a buyer who wants to buy a Miami Condo in a building that is on the verge of foreclosure! So,as a Realtor, I have to ask “With prices to die for, when does PRICE warrant the RISK?” The potential pitfalls of buying in an unstable...