Dec 7, 2010 | FORECLOSURES/SHORT SALES, MIAMI REAL ESTATE
JUMBO LOAN MARKET DEFAULT: 1/4 of all jumbo loans in Miami are now in foreclosure! HOME MORTGAGES UNDERWATER: 46% of all home mortgages in Miami are underwater. If you are looking to purchase or invest in real estate, the ball is in your court because it’s...
Dec 6, 2010 | MIAMI REAL ESTATE
The South Florida Water Management District has announced that they expect yet another dry season. Therefore, water restrictions will still be in effect. Homes with even addresses may water on Thursdays and Sundays while odd numbered addresses may water on Wednesdays...
Dec 1, 2010 | MIAMI REAL ESTATE
By refinancing your loan, you can lower your monthly payments. In order to be eligible to refinance you must be current in your payments, and cannot be underwater… and you need to have excellent credit. Whether you go through your existing lender or elsewhere,...
Nov 30, 2010 | COMMUNITY INFORMATION
As one of the busiest airports in the country, Miami International Airport is seeing some much needed changes. The facility has already undergone major upgrades and has more in store. So far, the 1.7 million sqaure foot South Terminal is open and the 3.2 million...
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...
