Property Q&A in Miami>Question Details

Mehmet, Home Buyer in Turkey, TX

Hello, I am resident Turkey (not US residens). Can I buy for example this property.?

Asked by Mehmet, Turkey, TX Wed Feb 11, 2009

I need more information (floor, electronic equipment etc) and more photo. Thanks...


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This question is about this property: http://www.trulia.com/property/1073845173-1250-S-Miami-Ave-2…

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Answers

3
Mehmet,

To give you a better idea about this property and answer the rest of your question, this property is a foreclosure (already owned by the bank). The building (VUE at Brickell) was originally built as rental units and later converted to condos. The building sold out well because the prices were economical compared to other new buildings in the area. The building has a fabulous pool area with cabanas, a great fitness center, concierge, valet parking, etc.

When the building was built, the developer installed carpet in the living areas and bedrooms of almost all the units, and tile flooring in the kitchens and baths. Cabinetry is formica and there are washer/dryers, refrigerator, oven/range and dishwashers in all units. Because this unit is a foreclosure, there is a possibility that some or all of the equipment has been removed, but the kitchen equipment shows intact in the photos, so I would assume they are still there and operational. The safest way to confirm this is to visit the property and have an inspection of the equipment performed by a qualified inspector.

As this property is a foreclosure, they are selling 'As-Is' meaning the bank would not make any repairs or upgrades to the property, etc. There are other things to consider when buying a foreclosure which I'll be happy to discuss with you anytime.

Good luck!
Audra
1 vote Thank Flag Link Wed Feb 11, 2009
Hi Mehmet,

We have many foreign buyers from many foreign countries who purchase properties in South Florida. The main issues you face as a foreign buyer will have to do with whether you pay cash for the property (an easier process for a foreign buyer), or whether you try to get financing (or a mortgage) in order to purchase the property. A foreign buyer may be asked to put a larger down payment when purchasing a property through a bank or mortgage broker.

Please feel free to contact me with any questions! I love to work with foreign buyers.

Good luck!
Audra
0 votes Thank Flag Link Wed Feb 11, 2009
here is the sebsite for the listing agent:

http://www.floridamoves.com
0 votes Thank Flag Link Wed Feb 11, 2009
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