Fred Mateo

I'm a:	Real Estate Professional
Location:	Miami
Web sites:	Good Home Realty
Phone:	(305) 799-4663

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Fred Mateo's Answers (9)

Moving to the miami area. What are the best areas to live? Any suggestions would be helpful.?

Asked Wed Apr 16 2008, 17:34 by Miteh - Miami - General Area - 13 answers

Fred Mateo answered:

Well, I'm just going to ask you one simple question: Where will you be working at? Public transportation in the Miami area is really bad and with the price of gas what it is I'm sure you do not wish to commute one hour each way. Look for a nice place based on your needs. - Thu Jul 3 2008, 11:09

can u buy house with code violations??? do u have to fix the problem or live the house with the violations???

Asked Thu Jun 19 2008, 17:28 by Raul - Hialeah - Home Buying - 4 answers

Fred Mateo answered:

Raul, you keep asking the same question over and over again. Why don't you let one of us help you with your purchase? There are many variables involved in making an offer and buying a property in today'
s market. In Hialeah an agent has to be aware of what is acceptable and not acceptable to the building codes, most of us who work the area are up-to-date with all the information.

A word of caution: The city of Hialeah upon finding a building violation may allow you to close provided you place a $5,000 bond with the city and you will get 6 months to take care of the code violation or lose your bond money and face possible fines., Should you take care of violation within the allowed time you'll get your money back. So be careful. - Mon Jun 30 2008, 12:28

Should I still buy in Miami?

Asked Thu Mar 6 2008, 08:36 by Dslhju - 33155 - Home Buying - 16 answers

Fred Mateo answered:

The time to buy is NOW!. Of course, for investment purposes we still have to do homework based on your return expectations versus cost plus expenses, but the market is full of bargains. I have investors snatching undervalued properties left and right. - Mon Jun 30 2008, 12:10

what is the state statue that falls under returning of deposit for preconstruction home?

Asked Sun Jun 1 2008, 17:06 by Bert - Miami - Home Buying - 6 answers

Fred Mateo answered:

Always have a real estate attorney read over a contract on a pre-construction deal. Go see one right now. - Thu Jun 26 2008, 09:21

Question removed

Asked Thu Jun 12 2008, 19:52 by Beatrice Sih… - Aventura - Home Selling - 5 answers

Fred Mateo answered:

Areas with an abundance of sub-prime loans may drop somewhat and level off withing a few months, other areas may experience a slight price correction. Then it will be pretty stable for a while. Face it, 25% price appreciation in a year is not normal and many sellers are stuck on that frame of mind, that's why they are not selling. - Thu Jun 26 2008, 09:17

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