Is it possible to pay monthly, buying a condor in miami?

Asked by beyersharon, Miami Beach, FL Mon Apr 1, 2013

--
This question was asked from this property: http://www.trulia.com/property/3111249646-800-NE-195th-St-10…

Help the community by answering this question:

+ web reference
Web reference:

Answers

7
Marco Torres’ answer
Marco Torres, Agent, Miami, FL
Tue Apr 2, 2013
Yes, it is. Most Condo communities are not approved for FHA loans so you need to get a conventional loan with 20% down. If the property belongs to Fannie Mae or Freddie Mac you can get a special loan "Homepath" with only 5% down. On the property you inquire about, your mortgage monthly payment will be $500 plus insurance and taxes. Don't forget you also are responsible to pay association dues every month. It is better to buy than to rent.
Call me or e-mail me and I'll be happy to guide you.

Marco Torres
Miami Premier Realty
(305)903-3123
mtorresrealtor@aol.com
0 votes
marc jablon, Agent, Boca Raton, FL
Mon Apr 1, 2013
Your mortgage payment on your Miami condo will be monthly. In order to find out what you can comfortably afford, you may want to call a mortgage broker that realtors rely on. Call Preston Ware at 561-329-0075 or go to http://www.PrestonWare.com

Marc Jablon, The Jablon Team
RE/MAX Complete Solutions
JablonTeam@gmail.com
561-213-6139
http://www.JablonTeam.com
Web Reference:  http://www.JablonTeam.com
0 votes
Steven Epste…, Agent, Coral Gables, FL
Mon Apr 1, 2013
Put a downpayment ... usually 25% or more down for condo financing for an owner-occupant, provide income, acceptable credit, employment verifications, rental/mortgage payment histories for the past 2-years etc and if you qaluify to buy you will make monthly payments on your mortgage for the next 10, 15, 20, 30 years as your mortgage call for.
If you need anything further please feel free to call me during normal business hours at the contact info in our website link below. And please also send your email address and phone number, I'll be excited to help you with all your real estate needs and honored for the business opportunities.
0 votes
Alberto Baca, Agent, Miami, FL
Mon Apr 1, 2013
If you're talking about leasing with the option to buy that option is utilized very seldom nowadays. You can always get pre-qualified and try to finance. If you would like more information please email or call me at your convenience.

Regards,
Alberto Baca
The Keyes Company
305-218-2504
AlbertSellsHomes@gmail.com
0 votes
Meg Sahdala, Agent, Coral Gables, FL
Mon Apr 1, 2013
Good morning,

I can gladly assist you with everything in regards to purchasing and financing the property. Please kindly contact me directly at meg@viviendarealtors.com or call me at 305.877.2880
0 votes
Yanoska Diaz, Agent, Miami, FL
Mon Apr 1, 2013
If your question is, is it possible to finance? According to the details of the listing you can purchase with a 20% down-payment. That roughly translate to close to $30,000 to purchase the unit. If this is something you may be considering feel free to contact me via my profile.
0 votes
Pablo Torres, Agent, Miami, FL
Mon Apr 1, 2013
Hello Beyersharon,

If you finance the property, you can pay monthly with your lender.

If you desire additional assistance, feel free to contact me.

Kind regards,



Pablo Torres, MBA
AF Realty, LLC
786-205-6988
pabtorres@aol.com
http://www.miamibuyproperties.com
0 votes
Search Advice
Search
Ask our community a question

Email me when…

Learn more