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By The Condo Shop - Miami, FL | Agent in Miami, FL
  • Turning Miami Foreclosures Green to Enjoy Rebates and Incentives

    Posted Under: Home Buying in Coconut Grove, Home Selling in Coconut Grove, Foreclosure in Coconut Grove  |  September 1, 2012 5:09 AM  |  1,548 views  |  2 comments
    www.OnePlaceOpenHouse.com

    by Jacquelyn Marks

    Miami homeowners can become financially capable of paying for the mortgage of a Miami foreclosure property by turning a home into something green and energy-efficient. By doing so, the homeowner can get to enjoy 100 percent conservation subsidy with this federal program. As to date, there is no expiry date specified for this particular program.

    Federal Residential Renewal Energy Tax Credit

    The homeowner gets a 30 percent tax credit on a personal income based on the total amount spent for making the home energy efficient. Such changes include installation of solar water heating systems, use of systems powered by fuel cells, wind, renewable fuels and solar electric technologies, and geothermal heat pumps. There are no upper limits specified for this program, which will be implemented until the end of 2016.

    Federal Energy-Efficient Mortgages

    One can use this mortgage for making the existing home energy-efficient through opting for any or a combination of the aforementioned changes. In addition, they can also use this for additional financing to buy a new energy-efficient home. There is no expiration date as of yet for this program.

    Mortgages for Energy-Efficient Changes

    Several other programs are designed to provide homeowners with mortgages that would enable them to make their home more efficient.

    • Both the Department of Housing and Urban Development (HUD) and the Federal Housing Administration (FHA) can offer either 5 percent of a foreclosed home's appraised value or $4,000 - whichever is greater - to provide a with the funds for installing changes in a home.
    • Veterans Administration - Generally speaking, veterans can receive up to $3,000 to fund for the changes they have made. This amount can be doubled, however, depending on the HER results they achieve in terms of future savings. The Vet's are required to provide documented proof of all expenditures.

    State Rebates

    All states have different programs designed to provide financial assistance to homeowners who wish to make their homes more energy-efficient. If in need of additional funds beyond what they can get from federal programs, then it is best to contact local housing authorities in an area. Up to how much one can borrow and what they can use it for will vary from state-to-state.

    Some key points to remember about state programs are listed below.

    • Most programs are performance-based.
    • Programs are only likely to exist until funds allocated to them run out.
    • Many of these programs provide funding for purchasing homes that have energy ratings equal to 5 stars or above.

    Local Rebates

    In many cases, a town or city can have a mortgage program that one may also make use for making a foreclosed home more energy-efficient. Again, the only way to know about this is to ask for more information from the proper local authorities.


    When it comes to choosing a professional to assist you with your real estate needs...Experience is Priceless!  www.OnePlaceOpenHouse.com
  • This Month in Real Estate - June 2012

    Posted Under: Home Buying in Coconut Grove, Home Selling in Coconut Grove, Rent vs Buy in Coconut Grove  |  June 22, 2012 11:28 AM  |  1,950 views  |  1 comment

    www.miamifreehomeinfo.com

    This Month in Real Estate is a monthly video news series that offers an inside look at the national real estate market. Each edition provides a snapshot of the numbers and trends that drive the real estate market, as well as expert opinion and analysis. For information on the local South Florida real estate market contact The Andre' Shambley Group, Keller Williams Realty at 786-704-8482.




    If you're looking to buy or sell a home, when it comes to choosing a professional to assist you with your real estate needs...Experience is Priceless! www.MiamiFreeHomeInfo.com The Andre' Shambley Group, Keller Williams Coral Gables, 786-704-8482

  • Making a Big Move - Buying Miami Real Estate From A Distance

    Posted Under: Home Buying in Coconut Grove, Home Selling in Coconut Grove, Rentals in Coconut Grove  |  May 4, 2012 6:34 AM  |  1,778 views  |  1 comment
    www.OnePlaceOpenHouse.com

    by Andrew Stratton

    Are you considering buying real estate in Miami or another state? For those who are planning a big move, there are many considerations to think about before making the decision or putting any plans in action. The problem is often to spend some time determining who you should work with to help you through the process. Often, it is critical for you to consider your goals, your budget and your desires. However, it is also important to find someone you trust to help you with the decision.

    Hire the Right Team

    When buying real estate in Miami from a distance, it is best to have a local team onsite to talk to you and to answer all of your questions. It is also necessary to take into consideration those professionals and their skills in working with you. Choose someone who has experience helping out-of-state buyers find the properties right for their needs. The problem is, you likely will not be in town long to view many homes and, therefore, you need someone local who can help you and guide you through the process of finding the best properties for your needs.

    Things to Consider

    To make this process work, there are a few things to do before you plan on visiting the area for the first time. Even if you are just in town to gather information, it is a good idea to know as much as you can about your needs and your options.

    -Determine if the professionals are experts on the area you plan to move into. This professional should be someone that knows the area very well down to the various neighborhoods. This will help you to know if the area is right for your needs.

    -Find out how well the professional understands your needs and is willing to work with you through the process. For example, be sure to communicate what you are looking for and why it is important.

    -Buyers generally do not have to pay for the services of an agent out of pocket, as this comes from the seller's purchase price. However, it is always a good idea to ensure this professional has the time necessary to help you to locate the home you desire.

    When it comes to buying real estate from out-of-state, take your time in choosing the right Miami agent to help you through the process. These professionals can answer your questions and give you more information about your local options. Do not underestimate the importance of having an expert in the Miami area to help you through the process. It can make a significant difference on your long-term outcome.


    Do a complete search for Miami real estate. Speak with a professional to learn more or visit www.MiamiFreeHomeInfo.com.



  • Let's Talk About the Listed Price

    Posted Under: General Area in Coconut Grove, Home Buying in Coconut Grove, Home Selling in Coconut Grove  |  April 20, 2012 9:07 AM  |  1,875 views  |  1 comment

    www.OnePlaceOpenHouse.com

    By Fidelio Orosco

    When talking about the real estate market, one of the most common terms that we often hear from people is listed price. There are a lot of people who are using this term, but most of them don't actually know the real meaning of listed price. Not knowing what the listed price is, is also a common reason why there are transactions having problems. In order to help you avoid such problems, this article will be showing you the things that you need to know about listed price, and the reasons why it is very important when it comes to real estate transactions.

    Listed price is actually not more than an invitation for someone to make an offer. For example, if you are going to place your real estate property listed for sale, you are simply inviting people to make offers. The price listed could be higher or lower than what you want to receive in exchange for your property. It doesn't even have to be near the price that you are looking for. The most common mistake of many people is that they think a listed price is the amount that they will receive in exchange for the property. The truth is that it is only there in order for you and the buyer to get started with the transaction.

    Even if the price that you listed was $300,000, and the buyer placed an offer of $350,000, you can still reject the offer, for as long as you think that you are not satisfied with the terms. The offer of the buyer can be anywhere near the listed price, but it also doesn't have to be a price near the amount that you have listed for your property. There are buyers who are not checking the property, because the found out that the actual price is more than what they are looking for, but you still need to check it out and negotiate with the seller.

    Keep in mind that you, as a seller or a buyer, should never look at the price listed. You'll never know the terms that the seller would want, and you'll also never know what the offers of the buyer would be. So make sure that even if the offer is lower than what you have listed, you will still listen to the terms of the buyer. In some cases, the price that will be given in exchange for the property won't matter for as long as the offer is very advantageous for the seller. Real estate transactions are very open, and you can always close the deal even if you don't have enough money to cover the listed price.

    Afford yourself the opportunity of viewing featured real estate with the expertise of a Miami Realtor.  His name is Andre' Shambley.




  • This Month in Real Estate - March 2012

    Posted Under: Market Conditions in Coconut Grove, Home Buying in Coconut Grove, Home Selling in Coconut Grove  |  March 29, 2012 6:01 AM  |  1,659 views  |  1 comment

    www.miamifreehomeinfo.com

    This Month in Real Estate is a monthly video news series that offers an inside look at the national real estate market. Each edition provides a snapshot of the numbers and trends that drive the real estate market, as well as expert opinion and analysis. For information on the local South Florida real estate market contact The Andre' Shambley Group, Keller Williams Realty at 786-704-8482.



    If you're looking to buy or sell a home, when it comes to choosing a professional to assist you with your real estate needs...Experience is Priceless! www.MiamiFreeHomeInfo.com The Andre' Shambley Group, Keller Williams Realty, 786-704-8482

  • This Month in Real Estate - February 2012

    Posted Under: Market Conditions in Coconut Grove, Home Buying in Coconut Grove, Home Selling in Coconut Grove  |  February 23, 2012 5:42 PM  |  1,260 views  |  1 comment

    www.miamifreehomeinfo.com

    This Month in Real Estate is a monthly video news series that offers an inside look at the national real estate market. Each edition provides a snapshot of the numbers and trends that drive the real estate market, as well as expert opinion and analysis. For information on the local South Florida real estate market contact The Andre' Shambley Group, Keller Williams Realty at 786-704-8482.







    If you're looking to buy or sell a home, when it comes to choosing a professional to assist you with your real estate needs...Experience is Priceless! www.MiamiFreeHomeInfo.com The Andre' Shambley Group, Keller Williams Realty, 786-704-8482
  • The REAL Real Estate Perspective

    Posted Under: Market Conditions in Coconut Grove, Home Buying in Coconut Grove, Home Selling in Coconut Grove  |  February 10, 2012 6:33 AM  |  1,374 views  |  1 comment
    www.MiamiFreeHomeInfo.com

    By Dennis Yen

    Today's news really gives us mixed signals about the real estate market. Some say real estate is flourishing and some say that it continues decline. The fact of the matter is that there are quite a few angles from which you can view the real estate market. It isn't simply prices and loan rates, as most people like to report. It's much deeper than that.

    One important angle, and the focus of this article, is that real estate ought to be looked at through a regional perspective. Even in a city, each neighborhood has its own characteristics. Some neighborhoods have families that have lived in their homes for more than 20 years, other neighborhoods have homes that are owned by investors, others have young families just moving in... you get the picture. Because each neighborhood is so diverse, the general outlook of the city's perspective may not do justice to the individual gems that are hidden within it. Not all neighborhoods have foreclosures or short sales, or other transactions that could reduce the property value of the neighborhood. A little bit of research, or the help from your real estate agent, can help you determine the state of your neighborhood, or a neighborhood into which you would like to move.

    Shifting one's perspective on the regional market outlook can make a huge change in how one perceives the market, as a whole. Keep in mind that despite all that doom and gloom that we are hearing about real estate, transactions continue to occur. First time home buyers are taking advantage of home and loan pricing, and open houses continue to grab the attention of many prospective buyers; from investors to homeowners to home upgraders. People are upgrading from smaller homes to larger homes. By that same token, some folks are moving from larger homes to smaller homes, as they age and look for more simplicity.

    There are plenty of reasons that people buy or sell a home. Despite the market, these reasons still exist, and dreams of home ownership continue to be fulfilled. What we hear quite a bit of in the media is how housing starts are low and how people are losing their homes, and the media is coinciding home losses with the lack of home sales. Economically speaking, when a homeowner loses the home, that is one less home that needs to be built, right? So, if many people are losing their homes, then it follows that there is no need to build more homes, as the inventory is still full. That does not, however, mean that home sales have stopped. Make no mistake about it. In some areas of the United States, real estate is going strong. Admittedly, in other areas of the United States, real estate is not doing too well. Again, this goes back to a regional perspective of real estate.


    When it comes to choosing a professional to assist you with your real estate needs...Experience is Priceless!  www.OnePlaceOpenHouse.com
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