Dec 13, 2011 | FORECLOSURES/SHORT SALES, MIAMI REAL ESTATE
By the end of 2010 distressed single family homes in Miami listed for sale in the MLS (multiple listing service) numbered in excess of 1,000. And as we moved into 2011 that number dropped: The number of distressed properties listed for sale dropped. Distressed...
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...
Apr 5, 2011 | FORECLOSURES/SHORT SALES, GOOD DEALS & WHAT'S SELLING, MIAMI REAL ESTATE
The Restivo Team just listed 730 SW 92 Passage in Miami Florida … The house is located just north of SW 8th Street , in a walled community. This an APPROVED Short Sale … approved by Bank of America. It’s located in Big Five Homes and is a four...