33131 : Advice

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Mark LeMenag…, Real Estate Pro in Lake Nona Orlando, FL
Mark LeMenager answered:
We are Canadians and would like to buy a property in Florida for investment. Can we get mortgage financing? What are the rules/laws for foreigners?
An old question, but still a good one. About 1/4 of all my sales have been to Canadians using finance. There are no special rules for foreigners, other than what the lender might requ ... more
0 votes Share Flag Fri Sep 4, 2015 Financing in 33131
 Mike, Real Estate Pro in Miami, FL
Mike answered:
I am looking to sell my investment home with a tenant already in it. What is the wording to list a home for sale as both a primary and investment?
Im a cash buyer in the area. I will buy the house with tenant. you can reach me at 305-712-5555
0 votes Share Flag Wed Jun 10, 2015 Home Selling in 33131
Stephanie Le…, Real Estate Pro in Miami Lakes, FL
Stephanie Leon answered:
If I buy a REO property being foreclosed by HOA dues, would any leins of the loan transfer over to me.
Only the first lien or senior lien wipes out subordinate liens.

Now, if the bank foreclosed 3 years ago was the first lien holder and they are the current owner of record and the HO ... more
0 votes Share Flag Sat Jun 21, 2014 Foreclosure in 33131
David Siddons…, Real Estate Pro in Miami, FL
David Siddons Group answered:
How much is the price per sq ft at 999 brickell bay dr in average?
Hello,

For Average Prices in Miami I suggest you read my 2014 Investors Guide de Miami Real Estate (http://luxlifemiamiblog.com/invest-in-Miami/) or any of the Market Reports on my ... more
0 votes Share Flag Tue Jun 3, 2014 Home Buying in 33131
David Siddons…, Real Estate Pro in Miami, FL
David Siddons Group answered:
is it a good idea to invest in brickell key nowadays?
Their Mohd,

Brickell Key still provides excellent investment properties. Price are still rising in Brickell (check out my Investors Guide to Miami Real Estate 2014 http://luxlifemiam ... more
0 votes Share Flag Tue Jun 3, 2014 Market Conditions in 33131
David Siddons…, Real Estate Pro in Miami, FL
David Siddons Group answered:
If I purchase a condo in a newer building in downtown Miamii.. Will I have trouble finding a renter? And what
Dear Steve,

In which building did you buy. It always depends on the quality of the unit and the price you are asking. Normally when a good quality unit is priced at market value you ... more
0 votes Share Flag Tue Jun 3, 2014 Market Conditions in 33131
Mauricio Roj…, Real Estate Pro in Miami, FL
Mauricio Rojas answered:
Any good brokerage company in Orlando? Great opportunity to work with a buyer as a Real estate fund
Our company can help you with your request. Please contact us. We are based in Miami and Orlando and have strong relationships.
1 vote Share Flag Mon Feb 24, 2014 Home Buying in 33131
California M…, Other/Just Looking in San Andreas, CA
California Market answered:
Having a credit score of 700 what is a fair Rate considering 10% down payment for a Condo in Downtown Miami?
First of all, you will not be able to get a 90% LTV financing, unless the Condominium is in the PERS' list (There are only 2 lenders offering this type of financing in Florida). For the ... more
1 vote Share Flag Sat Feb 1, 2014 Financing in 33131
Luiz Cunha, Real Estate Pro in Miami, FL
Luiz Cunha answered:
Does anyone on this site have any solid information about Neo Vertika?
The Neo Vertika is a fantastic building with a New York style loft feel with an industrial look but yet very chique. For the price that you can get on a rental or buying the square foot ... more
0 votes Share Flag Fri Dec 6, 2013 Home Buying in 33131
Luiz Cunha, Real Estate Pro in Miami, FL
Luiz Cunha answered:
HOW DOES TEQUESTA TWO CONDO ON BRICKELL KEY RATE AMONG OWNERS/RENTERS?
I believe that both Tequesta 2 and Tequesta three are phenomenal as buildings in Brickell Key. Of course, Carbonell and Asia are obviously the newest buildings in Brickell Key, however, ... more
0 votes Share Flag Fri Dec 6, 2013 Rentals in 33131
Irina Karan, Real Estate Pro in Aventura, FL
Irina Karan answered:
What is the standard broker fee paid to a broker who finds you a short-term (6 month) tenant?
It depends on what you get for that fee - how much of the Internet exposure, how high a rent (closer to your asking price or at asking) you would get, and how quickly it happens.
Also, ... more
0 votes Share Flag Mon Nov 18, 2013 Rentals in 33131
jak.projects2,  in Miami, FL
jak.projects2 answered:
I sent my e-mail 2 days ago and I didn't receive any answer, nobody contacted me. I am interested in foreclosures in zip code 33131, 33124, 33156
What state do you need and your phone 33131, 33124, 33156

Consultant:
Mike Milam
monetize.assets@gmail.com
1-801-738-4794
0 votes Share Flag Thu Sep 12, 2013 Home Buying in 33131
William Hend…, Real Estate Pro in MIAMI BEACH, FL
William Henderson answered:
looking for a condo at least 850SF with 2 BR for less than 130 K on Brickell or Brickell bay. I am very interested on Brickell on the river
Hi Hope your doing well! Take a look on my new website as it has up to date re sales as well as all the new developments in Miami. The site is www.exquisitemiamiproperties,com.

Let ... more
0 votes Share Flag Tue Sep 3, 2013 Home Buying in 33131
William Hend…, Real Estate Pro in MIAMI BEACH, FL
William Henderson answered:
So there are several new "pre-construction developments" in Brickell with PSF from $400 to $600. What do you think about it? Another bubble?
Hi Hope your doing well! Take a look on my new website as it has up to date re sales as well as all the new developments in Miami. The site is www.exquisitemiamiproperties,com.

Let ... more
0 votes Share Flag Tue Sep 3, 2013 Investment Properties in 33131
Geovanny Tel…, Real Estate Pro in Miami, FL
Geovanny Tellez answered:
i want buy propriets in miami, weston and aventura, 50.000 - 100.000 dolars,
Hello, and thank you for inquirind about real estate in South Florida. On reference to your statement... are you looking to buy one or many investment properties? ...or instead it will ... more
0 votes Share Flag Fri Jul 19, 2013 In My Neighborhood in 33131
Irina Karan, Real Estate Pro in Aventura, FL
Irina Karan answered:
what does it mean to have 30 % equity in a property?
Hello Jen,

Equity is what belongs to the owner, not the bank, based on current value.
The value is based on the appraisal that the bank does as you are going through the financing p ... more
0 votes Share Flag Mon Jul 1, 2013 Home Buying in 33131
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
why taxes in the Brickell Area are so expensive and not based on real or actual valuations?
FOUR YEARS OLD!!!
i hope she paid her taxes.
1 vote Share Flag Mon Jul 1, 2013 Home Buying in 33131
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
How low do you think developers will drop the cost of the left over inventory? I really don't see the
FOUR YEARS old!!
that inventory is gone!
0 votes Share Flag Mon Jul 1, 2013 Home Buying in 33131
California M…, Other/Just Looking in San Andreas, CA
California Market answered:
I need house, newly constracted in miami in price range of $ 50000 to 100000 ,
Hello
Have you been prequalified already? I have a program that finances up to 97% LTV, one loan, with at least 620 credit score called CommunityWorks. Contact me.
0 votes Share Flag Mon Jul 1, 2013 In My Neighborhood in 33131
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