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SELLER INCENTIVE PROGRAMS from Short Selling Banks This is a smart move as sellers that realize the need to short sell often cannot afford to move as it is expensive and many are worried about even finding a place with their reduced credit rating. Shame it took the banks 3 years to come up with [...]

Foreign Buyers Investing in South Florida “What You Need To Know”

We are, along with Las Vegas, top city to BUY in ! Trulia says BUY, do not rent in Miami . Any realtor and lender should be able to work up those numbers to prove it to potential buyers albeit it is defintely cheaper to rent luxury properties than buy them still. Read about Miami’s triumph [...]

I wrote earlier last year in my blog that buildings on West Ave, in general, were selling out and stabilizing after 2 years of short sales and REOs. In researching 1200 West Ave for a client of mine, I am delighted to report that they have approximately $460,000 in reserves at this time and the [...]

MIAMI, FL–(Marketwire – September 27, 2010) – Madeleine Romanello of Douglas Elliman Florida Real Estate sells a century-old historic coral rock estate home in Coconut Grove. The buyer plans a complete restoration and preservation of the home’s former glory. With more than 40 years since last on the market, the home has had only two [...]

In the last 6 months,  over 40% of closed sales in Miami Beach for single family homes were waterfront. This is quite a coup as waterfront sale had been lagging and inventory levels are down to 2 year supply versus 2.5-3 year supply at beginning of the year. In general, 20% of all sale in [...]

I was wondering where this project was at …Will be excellent to get rid of that blown out eyesore that used to be a hospital and will boost real estate in the  least desirable section of South Beach . The area needs it and,if the project mirrors a Merrick Village/Bal Harbour mall atmosphere, it could be [...]

I listed 8 foreclosed “REO” condos recently. My job is to obtain the pay-off information of the past due condo fess, special assessments, fines etc against those units from the management company or their attorneys and get it to the bank that foreclosed ASAP. You would think with all the complaints we have heard from condo [...]