Z Orlando

Jon,
You might qualify for other options that are available. Loan modification, if done by a trusted attorney would be a possibility for you.
E Orlando - Wed May 28 2008, 16:23

Roger,
I sent the e-mail but it was returned. Please Call again.
The property is located in Deer Creek States a gated community.
The entrance is located at 62n st south west 157th avenue, only 2 miles from the new Baptist Hospital, A+ schools are located only two blocks away! and when your children grow up, they will be attending the High school located blocks from your new home, It is a gorgeous brand new magnet high school. The house is no longer listed but the owners are willing to sell asap.
Welcome to South Florida! - Wed May 28 2008, 15:43

Hi Roger,
Congratulation on your future move, I see that you are in the market for a home. My advice to you would be for you to lease or rent a property for 6months close to Baptist Hospital, and get to know the area. Once here you can try the morning commute from South Beach, which can be anywhere from half hour to an hour and a half.

Welcome to South Florida! - Thu May 22 2008, 10:45

Hi David,
Looking at your zip you seem to be located in Huntsville, Alabama. Why do you want to be in South w Florida? , I will recommend to look into Summerfield, FL right next to Ocala and very close to The Villages, The winters are cool and the prices are modest compared to South West Florida area. I have personal friends that are Realtors that would be happy to show you around. I own a 3 acre home with a horse stable and a 5/2 and love to spend timein the farm. If interested let me know and I can foward sites for you to look at. - Thu May 22 2008, 16:09

Did you buy anything yet? You posted this question two months ago, I'm just curious.

Buying to rent? The rental market is holding strong, I own a tri-plex in South Miami and is rented year round, that is 100% rental income for the last 3 years. I see a softening comming up, but if you can keep your prices competitive you should not have a problem as more and more homeowners are loosing their homes, many are too afraid to buy, some are waiting for the prices to come down further.
LOCation Location location , remember, that what you need is to stay close to areas where transportation is available. Remember that taxes, utilities and insurance are above national statistics, so do your math.
Z Orlando - Wed May 21 2008, 12:22

Hi Ian,
You are a smart man and you have shown that by doing the math. All this talk of Miami becoming the next NY City or LA is just that , a lot of talk, these coments are just out of touch with reality. The reality is that as your math dictates, there is no way on that your average white collar worker can afford a decent home. Just add the taxes, insurance and traffic problems I can not see how this will develop into a Meca overnight, I can see Brickell and the ocean front going forward but outside the strip is just not possible., It will take many years before this market turns around. I have been at training seminars where the stats and projections for South Florida are discouraging, they put the next turnaround of the market by the year 2011, the price of homes are projected to reach levels close to pre 2001. Most of the bloggers will tell you otherwise, they will tell you about the cost of labor and material and how it is just impossible for prices to drop so low. Unless the dollar devalues, and inflation jumps 3-4 points I just dont see how anyone making 60k can afford a 350k home. The numbers don't lie!! Rent and wait!
Z Orlando - Wed May 21 2008, 08:56