Does anybody have any information about the building "401 Blu" in Miami Beach FL 33141. We need to know

Asked by Orlando, Miami, FL Tue May 26, 2009

how many foreclosures and short sales there are and what shape the building is in.

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Bob Galivan’s answer
Bob Galivan, Agent, South Miami, FL
Tue May 26, 2009
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.
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Beth Jenkins, Agent, Miami Lakes, FL
Tue May 26, 2009
Hi Orlando,
This building was having a hard time for awhile because of various issues regarding the abilityl to get the certification of completion for the closings. That was resolved and the units thst had sold did clsoe, but it was during the downturn. Now, many units recently closed, mostly short sales. I do not know off the top of my head if the building is FHA loan approved, I would have to find out. If it is not it means that a conventional loan cannot be apporved and the purchase would have to be cash.

I am sending a link of many of the units on the market and a few that recently went pending sale.…

If you are not working with someone here in Miami and nee assistance I would be glad to pursue this building for you and anser any other questions, just contact me directly.

All the best,
Beth Jenkins
South Florida Brokers
786-374-4778 (direct)
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