Jun 2, 2011 | FORECLOSURES/SHORT SALES, LUXURY & WATERFRONT PROPERTY, MIAMI REAL ESTATE, MIAMI'S TOP NEIGHBORHOODS, REAL ESTATE NEWS
The picturesque skyline that defines Miami to the rest of the world, and known locally as Miami’s Brickell area, is one of the hottest neighborhoods in South Florida right now. Investors wanting bargains have their eye on Brickell. For some reason, we are...
May 30, 2011 | MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE, REAL ESTATE NEWS
Despite what you see advertised, you cannot get 95% conventional financing in Florida. By phoning an 800 number you may well be told by some out-of-state lender that you can get 95% financing, and they may well supply you with a pre-qual letter, but 95% financing...
May 19, 2011 | BUYER'S ADVICE, GOOD DEALS & WHAT'S SELLING
WHO SENT OUT THE MEMO ANNOUNCING THAT THE HOT COMMODITY THIS SPRING WAS PROPERTY IN CORAL GABLES LISTED BELOW $600,000 ? SOMEONE MUST HAVE, BECAUSE WE’VE GOTTEN NUMEROUS BUYER CALLS FOR JUST THAT…. THE CALLS ARE COMING FROM EVERY GENRE OF BUYER: CASH,...
May 16, 2011 | BUYER'S ADVICE, FORECLOSURES/SHORT SALES, IN THE NEWS, MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE, REAL ESTATE NEWS
Right now in South Florida 7 out of 10 condos are foreclosure or short sale listings. 2/3 of all real estate transactions involve distressed property (whether foreclosure, pre-foreclosure, or short sales). Not only do those distressed sales downwardly influence...
May 13, 2011 | MIAMI REAL ESTATE
There is NO state income tax in the state of Florida. Florida does charge a sales tax though … And there is a tangible tax as well as an intangible property tax in the state of Florida. And that leads me into taxes on leased property: Residential...
