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Home Buying in 33141 : Real Estate Advice

  • All179
  • Local Info7
  • Home Buying85
  • Home Selling7
  • Market Conditions1

Activity 18
Thu Jan 26, 2017
CC answered:
if the bank refuses you are of the hook hopefully you were smart enough to put a time limit on their decision too as some short dale decisions can take months

Other answers mention condo ass papers but your question does not state any condo or hoa ... more
0 votes 9 answers Share Flag
Sat Jan 21, 2017
Stoyan answered:
It depends what you are looking for. It is not a simple yes or no answer. Please don't hesitate to email me for a more detailed answer at stoyan@realestatesmarket.com.
0 votes 1 answer Share Flag
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
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
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
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
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
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
Tue Jul 14, 2009
John answered:
I went to go see a unit there. The views were great and the balconies spacious. But the place was not well kept. Nothing seems to have been updated, there were iron bars on the hallway windows of the units. Not very confidence inspiring. Apologies to people that live there but in short, it was a dump. ... more
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Tue May 26, 2009
Bob Galivan answered:
Orlando:
You've been posting quite a few questions about your situation and the building. You should really speak with a Realtor or a foreclosure prevention attorney to explore your options. It's going to server you far better than this forum. ... more
0 votes 2 answers Share Flag
Sat May 2, 2009
Catherine Kim Owens answered:
there are PLENTY of condos in that price range. I even saw some bank-owned, in older buildings, on the beach...the inventory is high, you need a professional realtor, to steer you to the right community, for lifestyle purposes. Where do you work? There are some great deals w bay & intracoastal views, across fr the beach. Also, North Beach is a great neighborhood for single people.

If you want to generically search, you can go to our www.hammerandhammerrealtygroup.com. Or, I'd be happy to customize a search for you. I'm a mortgage broker. There are some unique criteria for "declining markets" and condos. I can pre-qualify you to give you a negotiate fr strengh position.

Let me know how I can help: email: cjkowens@aol.com, or you can call/text me at: 954-536-0648.
... more
0 votes 5 answers Share Flag
Wed Feb 25, 2009
Catherine Kim Owens answered:
There is a brand new condo conversion, on the water in North Bay Village, and the developer is selling his units. These units have great views. We have a personal contact there; the dog can be varianced in, I think. Also, I just saw some great deals in an older building that I love because it's got family, professionals, etc. w a great, huge pool deck w amazing views. NBV is a great area for families...farmer's market on wkends, great restaurants, and great access to beaches and highways. It's culturally diverse. ..and, did I mention the great new water recreational park there? This is the best time to buy. Prices are the lowest, and the rates are low, right now. However, you have to know which buildings will meet the FNMAE's new reg's...I can help w all that. I am a realtor, mortgage broker, and I'm very familiar with that area because I represented a developer near there for several years. Let me know how I can help. 954-536-0648; cjkowens@aol.com. ... more
0 votes 9 answers Share Flag
Tue Oct 28, 2008
Scott Godzyk answered:
Association fees are not negotiable, it is best not even to ask that as they are written in stone. When looking at a property with an HOA make sure you review the docs including the rules and regulations, as well you should look at the current and any propsed budget and ask if there are any current or future assessments coming up above and beyond teh monthly fee. ... more
0 votes 4 answers Share Flag
Mon Sep 22, 2008
Mott Marvin Kornicki answered:
The building did have a serious hit by Hurricane Wilma; then, with the mortgage meltdown and the decline in values- Grand View got hit again!

Is it a good investment?

I'm not sure if it ever was a "good" investment- but, the views are incredible and the apartemnts do get rented for a decent amount. Between the mortgage, maintenance and taxes- even at $140K the numbers may not add up to a good enough return on investment.

There is certainly a potential for appreciation.
... more
0 votes 2 answers Share Flag
Sat May 31, 2008
Wenceslao Fernandez Jr answered:
All great suggestions. This is however, a great opportunity to emphasize the importance of working with a professional.

Researching the property prior to making an offer to perform a minimum of "due dilligence" goes a long way in avoiding these kinds of situations. This information could have been easily found at Miami-Dade County website found at: http://gisims2.miamidade.gov/myhome/propmap.asp.

By searching for tax information you could have quickly found back-tax information owed and even if tax certificates have been sold during previous tax sales.

Next time, ask to work with a professional Realtor who is also a Certified Distressed Property Expert. We've gone from months to get approved, to weeks to close, creating more value to the buyer, seller, buyer's lender and seller's lender, while avoiding these kinds of situations.

Wenceslao Fernandez Jr, BS, CDPE
Keller Williams Realty
... more
0 votes 3 answers Share Flag
Sat May 31, 2008
Wenceslao Fernandez Jr answered:
Also, consider http://www.miamihomeprograms.com/ for access to information and resources on additional programs that may be available to you.

Wenceslao Fernandez Jr, BS, CDPE
Keller Williams Realty ... more
0 votes 3 answers Share Flag
Mon Feb 18, 2008
Sabrina Johnson answered:
that would be great, yes the mold does scare me! Also, building does not seem to have flood insurance..
0 votes 4 answers Share Flag
Mon Jan 7, 2008
Thomas Martin answered:
Many people in Miami have experienced huge loses putting down deposits on condos and walking away from the deposit and not closing on their Miami Homes. If you drive up and down A1A from south beach past Adventure there are 15-20 huge buildings with 1000s of unfinished units and they continue the build. Over the next few years prices will be falling in Miami. ... more
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