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...
Nov 1, 2010 | FORECLOSURES/SHORT SALES, MIAMI REAL ESTATE
Walking away from mortgage obligations is being used increasingly as an EXIT STRATEGY … written about and widely reported by the news media. While increasing numbers of homeowners are paddling just to stay afloat (and in well-over their heads) the ramifications...
Oct 12, 2010 | MIAMI REAL ESTATE
EARNEST MONEY, OR AN “ESCROW DEPOSIT”, AS IT’S OFTEN CALLED, CAN SEND A MESSAGE TO THE SELLER AS TO JUST HOW SERIOUS A BUYER ARE YOU… OR AREN’T. YOUR FIRST AND SECOND ESCROW DEPOSITS MAKE A STATEMENT. JUST HOW SERIOUSLY DO YOU WANT...
Sep 30, 2010 | BUYER'S ADVICE, MIAMI REAL ESTATE, SELLER'S ADVICE
“FOR SALE BY OWNER?” …. CONSIDERING SELLING YOUR PROPERTY ON YOUR OWN? YOU MAY BE GREETED WITH A RATHER TEPID RESPONSE AND HERE’S WHY: 1) BUYERS ARE OFTEN UNCOMFORTABLE DEALING DIRECTLY WITH A SELLER (FOR SALE BY OWNER) FOR A NUMBER OF...