Today I’m writing about the millions of homeowners who are underwater on their homes and ARE paying their mortgage. This is one of the toughest spots an owner can find himself in and many of you are facing this dilemma every day. The owner profile is essentially the same all across South Florida: They purchased [...]
A condominium is a good option to consider when shopping for housing in today’s volatile Miami/Dade real estate market. Many desirable condominium units are currently listed and are worth looking into for price and value. Condo living offers convenience and amenities like property maintenance and community living. However, the smart shopper should be aware there [...]
In the process of buying and/or selling properties , appraisals are required by law but can create huge stumbling blocks. The more you are aware of possible pitfalls, the more you are able to deal with the current Florida real estate market. The old saying, “It ain’t over til it’s over” has never [...]
OK, so you’ve decided to sell. Your property is not in distress, and you still have equity you want to protect. It’s a major decision, probably one of the biggest ones you’ll ever make and you want to do it right. The difference between a sale or no sale often rests on [...]
Once a popular selling method in California, non-distressed ResidentialAuctions are showing up here in Florida. The recent Auction Sale of two Golden Beach mansions sold in tandem set the local real estate market talking. The sellers decided to auction their properties at an Absolute Auction, which means the properties would be sold to the highest [...]
By Ray Princiotta.... Underwater real estate - We all know someone...a friend, a co-worker, a relative... maybe it's you. Like millions of Floridians, you bought your home during the boom, and mortgaged 80-90% of the purchase price, which at the time seemed reasonable. Then came the crash and your property has lost 40-50 % of [...]
Property Use Description Property Address Last Sale Recording Date Last Sale Price Bedrooms / Bathrooms Year Built Total Building SF Lot Size in SF Single Family 120 SW 40TH AVE 9/22/2011 $105,000 3/2 1941 1,546 6,440 Single Family 321 SW 51ST PL 9/8/2011 $145,000 3/1 1948 1,920 6,120 Single Family 5210 SW 6TH ST 9/13/2011 [...]
