Typically agents who specialize in short sales and foreclosures will include it somewhere in their profile or website. There are also designations for short sale/REO specialists who have completed classes covering those types of transactions.
You can also search on Trulia. Go up to the top where it says "Find a Pro" and enter your location and keywords. For example, I just searched Miami Beach, FL and found Marc Middleton who lists Short Sales and REOs as his specialities. He has 15 recommendations, which is good.
Here is the link:
I don't know Marc, so I can't personally recommend him, but I just wanted to show you that there are ways to find agents who specialize in what you are looking for.
Good luck!... more
You may need to look into private financing. If you plan on flipping the property within a year or so it should not be that difficult. Be prepared to pay a higher interest rate and upfront points.A lender will want to see that you have something into it because they will be concerned about your recent foreclosure though if the propery has a strong equity position it may not be as much down.
Miami Shores as a whole is pretty nice. It really depends on your price range. Click my link below and let me know the type of home you are looking for. I would be happy to email you more information. Take care.... more
You are correct in your observation that many sellers, especially a lot of the FSBOs (sorry folks, but it's true), have not woken up to reality yet.
A market is determined by the selling prices, so in every cma or comp calculation, look at the sold prices and also what has expired. You may not have access to that data if you are a lay-person, but a friendly a realtor will help you.
All the best,
Tobias Kaiser, MS, CIPS
Greater Fort Lauderdale Real Estate Broker + Consultant
Certified International Property Specialist... more
Feel free to contact me through my profile if you'd like a list of homes. I'm a licensed Realtor and will be glad to email you some homes in the area of Miami Northwestern. I need your email address though.
Or, feel free to search on your own on my website listed below.
$14,000 for a property worth $189,000???? No way! That can't possibly be correct! If you are interested in the house then first I would double check that tax info. Also, the bank has nothing to do with the taxes.... more
El Portal has always been a "borderline" neighborhood. Miami Shores come to mind when I think of El Portal. I love the neighborhood for many of the same reasons that you mentioned; large lots, beautiful foliage, architecture and the warm, cozy feel.
The real estate market is already improving by way of stabilization. I feel strongly that El Portal will hold values and improve with time. I would be cautious in what type of improvements are made- don't over do it!
Mott // Real Estate In Miami... more
It doesn't matter whether the former owner had Homestead exemption or not.. YOU cannot adopt his exemption, and your purchase will be at today's assessment regardless, without exemption. So yes, it is likely that, depending on the county's assessment, you will be paying at least 2% of market value (depending on Miami Shores' city millage rate also).
Are you selling a home in Florida to purchase this one? If so, you may be eligible for portability. Call me as soon as possible so I can check this all out for you.
your county website probably has a tax estimator--go to the property appraisers site on the county, or the easiest way is to call a realtor--easy info to share with you. Insurance--easiest way is to call an independent agent in the area, give them an address, and their software enables them to pull up a quote for you within minutes. Easier than you surfing for answers!!... more