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Home Buying in 33141 : Real Estate Advice

  • All175
  • Local Info7
  • Home Buying84
  • Home Selling6
  • Market Conditions1

Activity 84
Yanoska Diaz, Real Estate Pro in Miami, FL
Wed Dec 30, 2015
Yanoska Diaz answered:
The estimates of value featured on Trulia, Zillow and other sites pick up any property within your zip code in a two - three mile radius. Landmarks, positive features (bay front), size, age are not taken into consideration. Personally, I have to argue these inappropriate values with potential clients all the time. Facts about the real value of your home can only be concluded by a professional. I certainly hope an interested buyer in a water front property in North Bay Village is not relying on Trulia's value. ... more
0 votes 6 answers Share Flag
Stephanie Le…, Real Estate Pro in Miami Lakes, FL
Wed Dec 10, 2014
Stephanie Leon answered:
If you are facing foreclosure a deed in lieu option to avoid foreclosure. Some lenders offer a deed in lieu with a lease hold back (deed for Lease). Meaning you surrender your home but now begin to rent it from the lender. This will allow you to stay in your home and avoid foreclosure.

These deals are typically a one time only options. You might want to contact an attorney to read over the agreement being offered to you so you can clearly understand what you are signing.

Good Luck.
... more
0 votes 4 answers Share Flag
Annette  Law…, Real Estate Pro in Palm Harbor, FL
Tue Mar 18, 2014
Annette Lawrence answered:
This question was posted in 2009.
Those were uncertain times.
Now it is 2014.
Roger may still be living in his building.
1 vote 3 answers Share Flag
Mott Marvin…, Real Estate Pro in Sunny Isles Beach, FL
Mon Mar 17, 2014
Mott Marvin Kornicki answered:
Our office has 30 short-sale and pre-foreclosures in house today!

We are getting multiple offers on each and everyone of these properties. Our inventory ranges in price from 150K to 15M on commercial-hotel-industrial.

For the most part- these deals or off-the-cuff and we do not cooperate with fellow Realtor/Associates® - as we already have a lender/brokerage relationship in place.

These deals are on our website along with others;

? WATERWAY REALTY, REALTORS® ? Mott Marvin Kornicki ~ #MIAMI ? FLORIDA ~ REALTORS®
~? http://t.co/C8vvX4uf via @SoBeLive || @WaterWayRealty ? SLIM Enterprises || www.SLIM-ENT.com Media Relations ?~
... more
0 votes 2 answers Share Flag
Mott Marvin…, Real Estate Pro in Sunny Isles Beach, FL
Mon Mar 17, 2014
Mott Marvin Kornicki answered:
Lenders are not very motivated or anxious to expedite a loan modification that contradicts the original terms and conditions of a loan. Makes sense, right?

When borrowers initially made the loan request - the borrower(s) are usually very happy and content with the loan amount, terms and valuation | purchase price of the encumbered and underlying collateral.

How long does it take? I've heard it done from start to finish is 10 days and in some cases it's still going on after 2 years.
... more
0 votes 5 answers Share Flag
,  in
Tue Sep 3, 2013
answered:
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 me know what I can do to help you.

Thank you,

William Henderson
... more
0 votes 6 answers Share Flag
,  in
Tue Sep 3, 2013
answered:
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 me know what I can do to help you.

Thank you,

William Henderson
... more
0 votes 7 answers Share Flag
Alex Bolanos, Real Estate Pro in Miami, FL
Fri Aug 9, 2013
Alex Bolanos answered:
What ended up happening with this? Share you experience if you can as it will help others that are in similar situations!
0 votes 1 answer Share Flag
MARCO HUAMAN, Real Estate Pro in Coral Gables, FL
Thu Mar 28, 2013
MARCO HUAMAN answered:
Hola

Mi nombre es Marco Antonio, y soy un Oficial de Creditos Hipotecarios. Puedo ofrecer financiamiento hastsa 97% con un minimo de 620 de credito y tengo otro programa de financiamiento con 580 de credito hasta el 96.5%.

Contactame para evaluar tus posibilidades de financiamiento, para la compra de una propiedad.

Saludos,
... more
0 votes 12 answers Share Flag
Nereida Figu…, Real Estate Pro in Miami, FL
Fri Jul 13, 2012
Nereida Figueroa answered:
Frank, Real Estate Market is changing so fast. If you need to know it just e-mail nfigueroa3199@hotmail.com. I can make search in different Status like Available, Pending Sale, Closing Sale in certain dates. ... more
0 votes 2 answers Share Flag
Jack Bakal, Home Buyer in New York, NY
Sun Feb 12, 2012
Jack Bakal answered:
Mason was a wonderful broker interested in my needs and very honest. With my busy business,he worked to make everything easy. I would recommennd him to any one. When it came to the closeing he handled every detail while I was out of town. All I had to do was get the keys and enjoy my new home. ... more
0 votes 6 answers Share Flag
Iris I. Rome…, Real Estate Pro in Miami, FL
Fri Nov 4, 2011
Iris I. Romero answered:
If the advice that your attorney gave you was to not pay the mortgage and "abandon" your home by renting the property, then I will suggest that you get a second opinion from another attorney. Unfortunately, each situation, and hardship is very different, but I will tell you that "rent" is income that you are earning and this may need to be declared at the end of the year... you also should obtain advise from your CPA.

I am aware that most of the hardship programs, like HAFA, state very clear that you must be living in the property... in order to qualify for such program...from this information..you make you own conclusions. Wish you the best of luck.
... more
1 vote 8 answers Share Flag
Christine B, Other/Just Looking in Texas
Thu Apr 7, 2011
Christine B answered:
Hi Luna,

I am a cash Buyer and am currently looking in Miami Beach. What I find interesting is that many buildings have strict rules on short-term leases and yet there is a dearth of apartments not moving. if the HOA would review these kinds of limitations then you might attract more buyers with cash ready to purchase. I know that people have reservations about vacation rentals but I have a property in Miami Beach and have had excellent experiences with all of the people renting our home. I would love to find another property to do this same thing but have found that it is nearly impossible with the current negative climate regarding these kinds of lease opportunities. ... more
0 votes 9 answers Share Flag
Wenceslao Fe…,  in 33130
Thu Sep 2, 2010
Wenceslao Fernandez Jr answered:
Hey, Gaspar. That is a great question. Investors grapple with this all the time. They often buy lists of people who are 60+ days late on their mortgage and do mailings and/or visit the properties and try to meet the owners. Though a bit expensive and time consuming, this is a great way to find leads when used in combination with other methods like Craigslist as suggested below, bandit signs, classified ads, etc.

Another way is by subscribing to a service used by professional investors. The best I know of in our area (though they serve most, if not all of Florida), is Xima USA (http://www.ximausa.com/properties_search.php), and you can visit the Blog of their top trainer and promoter, Mr. Ramon Rivas at http://www.map2equity.com/blog/ who has a lot of great material on how to properly use Xima's software.

Their system is accessible online, no software to download and they charge month to month with no contracts - cancel anytime.

Though I don't use it today, I've used it in the past and strongly recommend this service.

Luck, Is When Preparation Meets Opportunity
... more
0 votes 9 answers Share Flag
Ofelia Loret…,  in Miami, FL
Sun May 16, 2010
Ofelia Loret De Mola answered:
Grace: I concur with all answers below. We need an exact address and whether it's a short sale or foreclosure. Based on that, a Realtor can prepare an offer for you. Also, I suggest that you get an approval from a major bank or lender (such as Coldwell Banker Home Loans). Especially with short sales and foreclosures, that is now a requirement. If you need help for any of the above, feel free to contact me at (305) 987-6480.
Ofelia
... more
0 votes 6 answers Share Flag
Marta Lorenzo, Real Estate Pro in Bay Harbor Isles, FL
Mon Apr 26, 2010
Marta Lorenzo answered:
Hi,
You do not need a certificate of reocupancy when purchasing a home on Miami Beach or North Bay Village.
If you have any other questions, please let me know!
Thank you!
0 votes 4 answers Share Flag
Javier Olmedo, Real Estate Pro in Miami, FL
Mon Jan 25, 2010
Javier Olmedo answered:
Max,

Wow - that is what cam to mind and I'm sorry for that. That is not typical nor should it be allowed. I can tell you that being on the other side is no fun either. I have submitted offer on a place to find out that the Realtor has 30 -40 offers. At that point I tell my customers not to bother and report the Realtor to our association - once you have an offer you are suppose to put the listing as pending. I have come accross those Realtors (and I use the term losely) and frankly don't deal with them. I cam accross one such and 11 months after I submitted the offer for my customers - she is still accpeting offers on it and has not closed - so I called her and said "gee I guess our highest and best offer was not good enough 11 months ago yet the house is now listed lower and you still haven't closed"

Sometimes you just have to walk away and re-evaluate the reason why you are going through all that trouble - is it the place itself or the challenge of getting it? I repeat, that is not customary nor ethical on the part of that Realtor - you can always inquire on reporting them!

I wish you the best of luck on this case and would love to know how you ended up, all the best Max.
... more
0 votes 5 answers Share Flag
Sandra Cotes, Real Estate Pro in miami, FL
Fri Nov 27, 2009
Sandra Cotes answered:
The Best that I recomend you is to contact an attorney , who handles Loans Modifications , They have the expertise to negotiate with the Bank for you , Try with a Professional, Because there some Companys offer Profesionals Service For Loan Modificacions and they just Do fraudulents Services, , Best Luck For You : Sandra Cotes ... more
0 votes 12 answers Share Flag
Patrick Casey,  in Miami Beach, FL
Fri Nov 13, 2009
Patrick Casey answered:
Hi Sarah,

Perhaps my website http://www.PeaceofMindinParadise.com can provide some information and answers.

Patrick Casey
MW & Associates
305-968-7557
0 votes 5 answers Share Flag
Sonia Barrera,  in 33183
Thu Oct 29, 2009
Sonia Barrera answered:
Sure you can!! you must first notify your Lender about your idea of lisiting the property and notify them about the agent taking care of the transaction. Most of the Lenders they dont have any objection with that. ... more
0 votes 4 answers Share Flag
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